Hellena | SPX500 (4H): SHORT to the low of wave “a” 5920.Colleagues, the price reached the 5920 level too quickly, so I tend to believe that wave “2” is not completed. It should consist of 3 waves “abc” so I expect the low of wave “a” 5920 to be updated.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
S&P 500 (SPX500)
SPY/QQQ Plan Your Trade for 1-30 : Top PatternToday's Top pattern suggests the markets will attempt a minor rally in early trading, possibly targeting the 605 resistance level, then shift/rollover into a downward price trend (the TOP pattern) and being to move downward into the pre-DeepV low levels I've suggests (possibly near 585-588).
At that point, I suspect we'll get a few days of consolidation before we see the DeepV breakdown take place near Feb 11-13 (which may actually start on Friday the previous week).
Overall, I'm expecting the markets to roll into downward trending over the next 7 to 10+ days.
Gold and Silver are moving higher - which is great to see (finally). Maybe all Gold needed was to roll to the newer contract to finally break above the $2820 level. lol
Who knows.
This is the start of the BIG RALLY (Expansion Phase) in metals that should last almost all year. If my research is correct, Gold and Silver will reach a peak level near July-October 2025.
Bitcoin has moved into an inverted Excess Phase Peak pattern that may prompt a rally up to resistance near $108,450.
At this point, the inverted EPP pattern is in the consolidation phase and I'm watching for it to break above $105,500 (moving to the ultimate high), or below $100,270 (as an invalidation breakdown move).
The next 5+ trading days should be very interesting for everyone.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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
Risk Disclaimer
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.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
SPY/QQQ Plan Your Trade For 1-29 : GAP ReversalToday's pattern suggests the markets are going to start off with a bit of a bang.
Although I expect the markets to try to hold up with some support, I believe, ultimately, the markets will break downward - continuing into the Deep-V Feb 9-10 bottom my cycles are projecting.
Gold and Silver are acting to attempt to hedge the global risks and could explode much higher over the next 30 - 60+ days.
Bitcoin looks like it will continue to move downward, first to 98k, then to 92k.
I'm seeing lots of Excess Phase Peak patterns in price action. This suggests the markets are struggling for direction right now and could move aggressively into a downward cycle phase before the Feb 9-10 Deep-V base/bottom.
Either way, we are going to find a lot of opportunities over the next 30+ days as traders.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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 Rebounds After Monday’s DropS&P 500 Rebounds After Monday’s Drop
The S&P 500 index (US SPX 500 mini on FXOpen) has recovered following Monday’s sharp decline, which was triggered by the success of Chinese startup DeepSeek and its AI model. As of this morning, the index is trading above the week’s early high.
This resilience suggests that the stock market has stabilised ahead of the Federal Reserve’s decision, scheduled for today at 22:00 GMT+3. Interest rates are expected to remain unchanged, but the key question is what stance Fed Chair Jerome Powell will take now that Donald Trump has officially assumed the U.S. presidency. Trump has already stated at the Davos forum that interest rates should be lowered. Powell’s press conference is set for 22:30 GMT+3.
Technical analysis of the S&P 500 index (US SPX 500 mini on FXOpen) shows that the price is approaching the 6,100 level for the third time. The first two attempts to break above this level (marked with red arrows) were unsuccessful.
From a bullish perspective:
→ The long-term trend remains upward, as indicated by the moving average.
→ A successful breakout above 6,100 could turn this level into strong support, similar to how 5,660 acted previously.
However, it is also possible that:
→ Powell’s remarks today will be more hawkish than expected.
→ The market may react negatively.
→ The price could make a bearish move, reinforcing the relevance of the downward channel (marked in red).
Prepare for heightened market volatility this evening.
Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SPY/QQQ Plan Your Trade For 1-28 : Temp Bottom PatternToday's SPY Cycle Pattern is a Temp Bottom.
After yesterday's big breakdown and consolidation, I believe the SPY will attempt to identify support, possibly near 597, and attempt to move higher a bit today.
Ultimately, a Temp Bottom pattern is where the price seeks out support (moving downward or retesting recent support levels) and then rolls to the upside, creating a base/bottom type of pattern.
The QQQ should follow the same pattern.
Gold and Silver seem trapped for the next 2-3 days (possibly melting a bit higher as the US Dollar appears to be moving downward a bit).
I don't see Gold/Silver starting to make any big moves until Jan 31 or in early Feb.
Bitcoin will likely stall out, just like the SPY/QQQ, over the next 2-3 days, then move into a downward price phase - attempting to move back towards $92k.
I believe the markets are stalling and in a bit of shock at the moment. Don't get too aggressive in any trades unless you are confident in your ability to manage risk levels.
Some sectors/symbols will trend. But the SPY/QQQ will likely stall out for another 2-3 days before making another big move.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Nothing bad happendThe US markets fell sharply today. The S&P500 lost almost 2%. Many investors, especially on social media, are wondering whether the “Trump Rally” is now over. I think this is extremely unlikely. As is so often the case, markets tend to exaggerate, both upwards and downwards.
The price slide was triggered by news from China. Th AMEX:SPY ere, the start-up “DeepSeek” has announced that it has AI models that work just as well as their US counterparts at a much lower price and with less data.
This will certainly not have a lasting impact, but it should make us aware that the AI party will be over at some point.
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
SPY/QQQ Plan Your Trade For 1-27 : Consolidation PatternToday is an incredible day in my world.
I have been warning of a major peak/top near Jan 20-23 for more than 45+ days. I have continued to warn traders of a major top/peak near the Inauguration and how I believe the markets would suddenly shift downward - targeting the Feb 9-11 Deep-V bottom.
All of my predictive analysis is based on Gann, Tesla (Energy frequency, amplitude, vibration) and Fibonacci research.
The reason I state this is because I want you to start thinking of price action in terms of energy expulsion and consolidation.
Price is the ultimate indicator. My research proves we can attempt to predict future price moves (tops, bottoms, strength, weakness, and others) with a moderate degree of accuracy.
As I continue to expand my research, tools, and resources, I will continue to improve my analysis/predictive capabilities.
To me, this is very exciting.
Today, I would expect the markets to consolidate in a fairly wide/volatile range.
Gold and Silver will likely continue to try to recover/rally out of these flagging/pennant formations. Silver is set in more of a range-bound price channel, whereas Gold is clearly moving into a Pennant/Flag setup.
BTCUSD appears to have broken the EPP Flag channel and should attempt to move down to GETTEX:92K over the next 5+ days.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
As Goes January So Goes the YearI have written and talked about this statistical superstition born out of trading almanacs of the "January Effect" which proposes that the month of January's direction (a green bar or a red bar) will determine the final close of the year as a whole. I plugged the data into a spreadsheet this year mid-January to get the updated statistic and for the last 97 years this adage has held true 68% of the time. Like all statistics when studying markets "nothing is 100%" but it is safe to say "more often than not" this is true.
The January 2025 Monthly open is -3.03% from the Friday close... SPY is going to open -2.19% as of writing this morning. We still have a whole week of trading days left in January to see how 2025 will MOST PROBABLY play out.
There's a lot of "reasons" talk this morning about some Chinese AI being the culprit of the selloff. I never take heed of the need for the media to publish digestible stories to give such reasons: they are never tradable prior to the event they claim and each is a one-off so knowing the "reason" (if even true) is totally worthless for making money.
The more logical answer according to price which is far more actionable to traders is the failed breakout last Friday. While SPY made a new All Time High the Weekly itself failed to close to confirm it. Not following through on such a move is a clear bearish signal going into a weekend. Now THAT is a much better "reason" to be focused on this week (and every time it happens in the future).
WTI Crude Oil Futures: The Chokers of the Global EconomyLast Friday, January 10, 2025, the United States announced its most sweeping and aggressive sanctions against Russian oil trade, just ten days before Joe Biden leaves the White House and is replaced by Donald Trump.
In fact, it was more of a soap opera at first, as an unofficial document of unknown origin on the subject of sanctions had been circulating on the Web since the Fridays' morning before the official press release from the US Treasury appeared, causing the stock quotes of the companies affected by the sanctions to experience increased volatility in Friday trading on the local exchange.
Finally, about 160 oil tankers were sanctioned, and India, a key buyer of seaborne barrels, will not allow ships to call at its ports after the end of the curtailment period in March.
If these measures remain in place under Trump, they have a better chance of disrupting Russian oil exports than anything any Western power has done so far.
In addition to the tankers, sanctions were imposed on two major producers and exporters, traders arranging hundreds of shipments were listed, major insurers were named and two U.S. oil service providers were ordered to leave. A Chinese oil terminal operator was also included.
The measures could theoretically reduce what the International Energy Agency forecasts as a supply glut of nearly 1 million barrels a day this year.
Brent and WTI crude futures, which have generally traded lower for the past two and a half years, ended Friday at $80, data from ICE Futures Europe and CME Group's Nymex show.
Surgutneftegaz Sanctions RUS:SNGS and Gazpromneft RUS:SIBN are by far the most direct and aggressive move taken so far by Washington or any other Western power.
Together, the two companies shipped about 970,000 barrels of oil per day by sea in 2024, and their inclusion on the list will be a cause for concern for refineries in India as well as state-owned companies in China.
Putting their seaborne flows in context, that’s more than the global supply glut the International Energy Agency predicts for 2025. It’s also nearly 30% of Russia’s seaborne exports.
No one is suggesting that either company’s shipments will be completely shut down, but the fact that they are under sanctions, as well as other measures announced, means that supply chain disruptions and supply shortages cannot be ruled out.
Global markets, which were also hit by the December NFP report, reacted as expected.
The Nasdaq-100 immediately fell about 1%, the U.S. dollar index TVC:DXY rocketed to the moon while the yield on 10-year U.S. Treasury bonds TVC:TNX jumped nearly 10 basis points to 4.785%, its highest since October 2023.
Futures on the Dow Jones Industrial Average - a benchmark for the global economy - ended last week lower for a sixth straight week, while Bitcoin BITSTAMP:BTCUSD Bears are already dreaming to enter a Bear Market, approaching a 20% decline from the highs of around $108,000 reached in December 2024.
The technical main graph is dedicated specifically to WTI oil futures (the contract following the expiring one), and supported by the averages of the 5- and 10-year SMA.
It points to the reversal of the disinflationary time span seen in the previous two and a half years, from mid-2022.
// Don't say "hop" , before you throned 😏
Hellena | SPX500 (4H): SHORT to the area of 50% Fibo lvl (5972).Colleagues, I believe that price is completing wave “1” and I believe that a correction in wave “2” is inevitable.
I expect the price to reach the area of 38.2% - 50% Fibonacci levels (5972.9). I believe that a small update of the maximum of wave “1” is possible.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
#202504 - priceactiontds - weekly update - sp500Good Evening and I hope you are well.
comment: Bulls got another two bigger legs up which now makes it 5. Question now is, how likely is a continuation before a deeper pull-back? I do think Friday’s price action could have been the start of a wider profit taking by more bulls but until the bull channel is clearly broken and we have traded consecutive bars below the 4h 20ema, it won’t mean much. In the past 3 months we had very strong looking legs up, followed by deep pull-backs and we have not made a meaningful higher high since 2024-11-11. It’s reasonable to assume that we can hit 6200 before turning but I have big doubts about more upside beyond.
current market cycle: trading range
key levels: 5800 - 6200
bull case: Bulls made 140 points on the week with 5 clear legs up. Buying above 6130 is just bad no matter how you put it. Scalps ok but we have been in this trading range for 3 months now. Bulls want to print another ath and 6200 is the logical target. As long as the bull channel holds, they are favored and in control. Once we start closing gaps below again, more bulls will likely take profits.
Invalidation is below 5790.
bear case: Bears didn’t do much the past week but we are at big resistance again and shorts are great from a risk:reward perspective. The upside potential is probably limited to 6200/6300 but the downside is clear with 5800. For now you can only short this if you are willing to scale in higher, otherwise you have to wait for better selling pressure and a break of the bull trend line.
Invalidation is above 6300.
short term: Neutral 6100 - 6200, bearish below for 6000 and depending on how we get there, either wait for a lower high or we might continue down.
medium-long term - Update from 2025-01-26: Ultimately 5200-5300 in 2025. For now we are stuck in a range 5800 - 6200.
current swing trade: None
chart update: Adjusted targets and added the current bull channel and two big gaps.
S&P 500 Daily Chart Analysis For Week of Jan 24, 2025Technical Analysis and Outlook:
During this week's trading session, the S&P 500 successfully achieved our predefined target of Outer Index Rally, 6123, corresponding to the Key Resistance established at 6090. The market is currently exhibiting a phase of consolidation, as the bullish trend appears to be transiently suspended following the conclusion of the outer index rally. It is, however, essential to acknowledge that the absence of a significant corrective pullback may facilitate the re-initiation of a bullish trajectory toward additional rally targets. Such a development would position the market advantageously for the forthcoming phase of the bullish trend.
S&P 500: Bullish Breakout or False Move?Chart Analysis:
The S&P 500 is at a critical juncture, trading just below a significant horizontal resistance level near 6,114.
1️⃣ Key Resistance Level:
The horizontal level at 6,114 represents a pivotal resistance, as prior attempts to breach this zone were met with selling pressure.
A successful breakout above this level could signal further upside potential and a continuation of the bullish trend.
2️⃣ Moving Averages:
50-day SMA (blue): Rising around 5,980, providing dynamic support and reflecting sustained upward momentum.
200-day SMA (red): Trending upward near 5,628, confirming the long-term bullish trend.
3️⃣ Momentum Indicators:
RSI: Hovering near 65, indicating strong bullish momentum but approaching overbought conditions.
MACD: Bullish momentum remains intact, with the MACD line rising and staying above the zero line.
What to Watch:
Traders should monitor for a confirmed breakout above 6,114 on increased volume to validate further upside potential.
Failure to break above this resistance could lead to a retracement toward the 50-day SMA or previous support levels.
Keep an eye on RSI for any bearish divergence or signs of momentum weakening.
The S&P 500 is at a make-or-break level, and its reaction at 6,114 will determine the next directional move.
-MW
SPY/QQQ Plan Your Trade For 1-24 : CRUSH patternToday's CRUSH pattern should resolve as a very big and very volatile price move. Based on my experience with CRUSH patterns, I believe today's move will be to the downside.
The current trend is bullish/up (over the past 3+ days) and the SPY has just closed at a new closing price ATH.
The QQQ is still below ATH levels and is moving cleanly in an EPP Flagging channel.
I believe the SPY will stall out and revert downward today - essentially touching the new ATH levels yesterday, then rolling downward into my 1-20 through 1-23 topping pattern.
Gold and Silver are moving strongly higher today as metals finally start to hedge against global risk factors. Get ready, I see metals moving much higher over the next 60 to 90+ days.
BTCUSD has moved into a dual flagging pattern that I believe will resolve to the downside by about 9AM PT (12 noon ET). If my analysis is correct, this breakdown in BTCUSD could be the catalyst for a broader market downturn.
It sure looks like today is going to be a great day for traders.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Dollar down, Metals, Miners, Crude Up! SPX new high, Bitcoin???Premarket US dollar down while precious metals and mining stocks get a bid higher. SPX closes above 6118$ making new record high. Crude oil gets a minor bounce, can it retrace to $77? What is Bitcoin doing next? Will it close higher or sell off from here? That is the question.