SPX (S&P 500 Index)
ES Morning Update Yesterday’s game plan was all about the 6070 area staying above, which set up longs targeting 6105, 6115, and 6127 to fill Sunday’s gap starting point. We’ve now hit 6127—let the runner go, anything more is a bonus for today
As of now:
• 6109-6115 = key support zone; bulls need to hold above to set up 6136, 6154
• Lose 6109, and we dip toward 6086
Nightly $SPX / $SPY Scenarios for 1.31.2025🔮
📅 Fri Jan 31
⏰ 8:30am
📊 Core PCE Price Index m/m: 0.2% (prev: 0.1%)
📊 Employment Cost Index q/q: 0.9% (prev: 0.8%)
💡 Market Scenarios:
📈 GAP ABOVE HPZ:
A further gap up would lead to it holding a little, then chopping down into EEZ. Watch for resistance in the Hedge Pressure Zone before any reversal.
📊 OPEN WITHIN EEZ:
Slight move higher from earnings, then drop lower into 6055. Expect some chop and potential liquidity sweeps before continuation.
📉 GAP BELOW HCZ:
Consolidate lower into the Hedge Cushion Zone, then pump back higher. A strong bounce is likely if price interacts with the Weekly Hedge Cushion and liquidity builds up.
#trading #stock #stockmarket #today #daytrading #charting #trendtao
S&P500 starting a Channel Up on Golden Cross to 6200The S&P500 index is trading inside a Channel Up on the (1h) time frame.
A (1h) Golden Cross was just formed and the whole pattern draws comparisons with November's (2024) Channel Up.
Both started with a +6% rise that pulled back to the 0.5 Fibonacci level, which in turn initiated the Channel Up.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 6200 (near the 1.236 Fibonacci extension, like November).
Tips:
1. The RSI (1h) is also forming the same Channel Up as November, after getting oversold under 30.00.
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ES Morning Update Jan 30thYesterday chopped around one key level in ES: 6066-70. It failed pre-FOMC, with a few very quick dips below it til market closed..after, targets at 6087(hit), 6094(hit), and 6105(not yet). We reached 6101 tops overnight.
As of now:
• 6074, 6066 = key supports; bulls remain in control above
• Holding keeps 6098, 6105, and 6120 in play
• If 6066 fails, expect a selloff toward 6055, then 6043
SPX to find sellers at market price?SPX500USD - 24h expiry
Price action looks to be forming a top.
A Doji style candle has been posted from the high.
This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower.
Further downside is expected although we prefer to sell into rallies close to the 6058 level.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
We look to Sell at 6058 (stop at 6099)
Our profit targets will be 5942 and 5920
Resistance: 6102 / 6190 / 6235
Support: 6030 / 5980 / 5940
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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Nightly $SPX / $SPY Scenarios for 1.30.2025🔮 Nightly SP:SPX / AMEX:SPY Scenarios for 1.30.2025
📅 Thu Jan 30
⏰ 8:30am
📊 Advance GDP q/q: 2.7% (prev: 3.1%)
📊 Unemployment Claims: 221K (prev: 223K)
🌎Global Events:
🇪🇺 European Central Bank Meeting: The ECB is expected to announce its monetary policy decision, with markets anticipating a rate cut.
🇩🇪 Germany GDP Release: Germany will publish its GDP figures, providing insights into the health of Europe's largest economy.
💹 Market Insights:
📈 GAP ABOVE HPZ:
A further gap up would lead to it holding for a little, then chopping near the EEZ.
📊 OPEN WITHIN EEZ:
Markets might overreact, but this meeting was void of new information. All things markets knew beforehand.
📉 GAP BELOW HCZ:
We will likely bounce hard from these lower levels and hold higher.
#trading #stock #stockmarket #today #daytrading #charting #trendtao
S&P500: Buy the dip and target 6,215.The S&P500 index is neutral on its 1D technical outlook (RSI = 54.213, MACD = 29.690, ADX = 23.794) as it has completed the technical dive following the 4H Golden Cross just like August 21st 2024, and is rebounding. The two patterns are so far similar, both rebounding on oversold 4H RSI, and the September 2024 rebound almost reached as high as the 1.5 Fibonacci extension. We aim for another close test of the 1.5 Fibonacci (TP = 6,215).
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2025 S&P500 Forecast Guess by Tim WestI included 2024's guess that I posted here in January last year which turned out to be quite accurate in terms of "action" and "direction". The volatility the market saw with wild swings back and forth was outlined on here as we reached the clusters of guesses from Wall Street estimates.
This is an old technique that I learned from Ken Fisher of Fisher Investments and from Forbes Magazine. His wise and witty insights were the foundation of my investment strategy when I started investing in the mid 1980's.
Basically, when you see what the "market expectations" are for a market like the FOREXCOM:SPX500 or S&P500 Index, you can then figure out what needs to happen to get the market to their estimates and realize the market will go to somewhere else other than their guesses.
With 2024 showing a majority of "less than historical average" forecasts and more downside forecasts, it was quite clear that the market could easily outpace or outperform those forecasts.
Now that 2025 shows that analysts are looking for an average year or more, I think it is safe to say that we won't get an average year.
We now have a rising US dollar, which hurts overseas earnings. We also have higher energy prices which also hurts earnings. And yet we have plenty of cash on the sidelines as everyone who missed the rally is hoping to buy on a decline and others are just happy to earn 5% on their cash balances thanks to an ultra-tight Fed (compared to the last 20 years).
So, I expect more of the same that we have seen in January and I also expect sharp declines if we get any moves above the highs and up towards 6500 on the SPX.
ES/SPX Morning UpdateYesterday, 6042 reclaimed and triggered a move to 6070 and 6105, with 6105.50 marking the high of the day. Today will likely be choppy until FOMC at 2pm, followed by extreme volatility.
As of now:
• Hold runners; 6087 is support
• Staying above keeps 6105, 6115, and 6130+ in play
• If 6087 fails, expect a dip to 6066-70
SPx / Fed Watch: Should AI Volatility Raise Concerns?Should the Fed Worry About an AI Wobble?
In this week's meeting, the Fed may not address the DeepSeek AI saga, but AI-driven volatility warrants close attention. Monday’s Nvidia-led selloff, triggered by China’s cheaper DeepSeek AI, rippled into U.S. interest rate markets, highlighting AI’s growing impact on financial stability.
S&P 500 Analysis – Market Outlook
The S&P 500 stabilized at a key bullish zone and continues to exhibit strong upward momentum, aligning with our previous expectations.
A potential retest of 6051 is likely before resuming the upward movement. A successful rebound from this level would strengthen the bullish case, targeting 6103 and 6122 before attempting to break 6143, which would mark a new all-time high (ATH).
The index must maintain price action above the 6051 pivot level for the bullish trend to remain intact. A 4-hour candle close below 6051 could shift momentum towards a bearish correction, with downside targets at 6020 and 5997.
Key Levels
Pivot Point: 6077
Resistance Levels: 6103, 6122, 6143
Support Levels: 6051, 6020, 5997
Trend Outlook
📈 Bullish as long as the price remains above 6051.
⚠️ A sustained break below 6051 could trigger bearish pressure toward 6020.
Previous idea:
AMD'S Short sell volume is screaming for a trough BUT downgradedMost analyst following AMD are downgrading its fundamentally because of the
AI new software coming from small company in China. Well, technically we are completely
going into the other direction which is we are having a major trough in coming weeks/months
in 2025 with + 50% move.
- The big question is when and where ?
WARNING: Some Elliottions are calling for a 1929 bear mkts !!!!!!!!!!
S&P 500 Hits Record High as Trump Pushes for Lower RatesSPX: S&P 500 Logs First Record of 2025 as Trump Pushes for Lower Interest Rates
The S&P 500 (SPX) has achieved its first record high of 2025, closing at 6,118.71, following a 0.5% gain in Thursday’s session. Investors appeared to respond positively to Donald Trump’s calls for lower interest rates “immediately,” despite the U.S. President having no direct authority over monetary policy. His statements, however, influenced market sentiment, pushing the index to new heights.
S&P 500 Technical Analysis
The S&P 500 has stabilized in the bullish zone after breaking a key resistance level. The price is likely to continue upward, targeting 6143 as the next milestone.
However, if the price closes a 4-hour candle below 6103, it could signal a bearish correction toward 6077 and 6051.
Key Levels
Pivot Point: 6105
Resistance Levels: 6143, 6180, 6205
Support Levels: 6077, 6051, 6020
Trend Outlook
Bullish: The trend remains upward as long as the price stays above 6103.
Bearish: A 4-hour close below 6103 could indicate a move lower.
Previous idea:
S&P500 INDEX / US Stock Futures Eye Recovery Amid AI ConcernsUS Stocks Set to Rebound
US stock futures climbed higher on Tuesday, with S&P 500 futures rising by 0.4%, as markets sought to recover from Monday’s sharp sell-off.
The recent downturn was fueled by concerns over the US’s AI dominance amidst intensifying competition from China’s DeepSeek.
S&P 500 Technical Analysis
The price is expected to maintain a bullish trajectory as long as it remains above 6020. It may test 6051, and if a 1-hour or 4-hour candle closes above 6051, it could drive the price higher toward 6077 and 6103.
For a bearish scenario, the price must close a 1-hour or 4-hour candle below 6020, potentially targeting 5995 and 5970.
Key Levels:
Pivot Point: 6020
Resistance Levels: 6051, 6077, 6103
Support Levels: 5995, 5970, 5937
Trend Outlook
Bullish: While above 6020
Bearish: If a 1-hour or 4-hour candle closes below 6020
Previous idea:
S&P500 Yesterday's crash has confirmed +9.20% rebound.The S&P500 index (SPX) rebounded strongly back to its 4H MA50 (blue trend-line), following yesterday's flash crash and recovered most than 50% of last week's Highs. The rebound took place exactly on the former Lower Highs trend-line of December's correction.
This correction was the technical Bearish Leg of the post August 05 2024 Channel Up and the rebound on it indicates that the market has turned it from Resistance to Support. Similar Lower Highs trend-lines were formed during the last two major corrections (July and April 2024) and the common feature on all (including the current one) is that a 4H Golden Cross was formed immediately after the break-out.
What followed after the Golden Cross was one last pull-back before a +9.20% rise. Yesterday's crash is most likely that pull-back. As a result, we should now be expecting a new +9.20% rise on the medium-term, with our Target being 6450.
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BRIEFING Week #4 : Complex Week AheadHere's your weekly update ! Brought to you each weekend with years of track-record history..
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SPX week of Jan 27th 2025
The upcoming week could be a bit wild based on the recent gaps and the FOMC meeting. There are a few ranges from recent gaps up that are prime candidates to be filled on a retracement. Especially considering that the last time the FOMC spoke about rates, the index dropped over 3% in a single day. That move is pictured below, and it spans from the current level of 6100 to the top of the lowest gap at 5890. Compounding this is that the highest level of negative gamma exposure sitting directly below the highest gap. Since volatility could pick up if we breach that negative exposure level and there are 2 large gaps below we could see a significant move down. The flip side of this is earnings of course - some of the biggest players are expected to beat estimates this week. That combined with the multiple levels of high gamma exposure sitting above the current level might keep the index rising all week towards the 6200 level. A very inexpensive way to play both sides would be far out of the money inexpensive debit spreads expiring Friday 1/31 centered around the strikes of 6200 to the upside and 5980 or even 5900 to the downside. Of course I am literally brand new at trying to do this kind of analysis so I quite possibly am getting all of this wrong (although I feel like I am getting the jargon down pretty well ;)
DeepSeek AI Model Drives Bearish Pressure on U.S. Stock FuturesDeepSeek Model Sparks Decline in U.S. Stock Futures
U.S. equity index futures are experiencing a significant decline on Monday, driven by the overwhelming popularity of DeepSeek, an inexpensive Chinese artificial intelligence model. This has triggered a selloff in AI-related stocks, with megacap companies like Nvidia being particularly impacted.
S&P 500 Analysis
The S&P 500 has dropped over 5.00%, primarily due to the release of this cost-efficient AI model in China. The market remains under bearish pressure, particularly as U.S. stocks, including Nvidia, have already experienced substantial losses, with Nvidia alone losing approximately $400 billion in market capitalization amid this development.
As long as the price remains below 6,020, the market is likely to see bearish and volatile activity. A break below 5,969 could signal further declines toward 5,937 and 5,863.
Key Levels:
Pivot Point: 5970
Resistance Levels: 6000, 6020, 6051
Support Levels: 5937, 5890, 5863
Trend Outlook
Bearish with Volatility
ES/SPX Morning Update Jan 27thOn Friday at 1:30 PM, ES broke below 6135, a key support level it had held for two weeks. Headlines fueled the move, leading to a gap down and a sharp sell-off. Initial targets at 6083 and 6070 were reached, with even more downside following.
As of now:
• 6016-20 must reclaim to trigger a short squeeze from buyers
• If 5982 fails, sellers can easily drop to 5966 and 5949 after that