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Spx500analysis

SPX longer term updateThis is a quick update with levels of importance. I will update in more detail those who are on my email list, cant do it all. So I think we will see a really this week and I have 2 targets - 3880 and 3960-90SPX Both are good for the lower lows to come sometime mid of the month, ideal bottom target is July 14-18th. The top in 3960-90 zone actually better fit with expected by me 3500 test. 3500 is a very important level and failure of that level will get us to 3200 very quickly. Off that expected low, Im expecting a good size rally, maybe a month or month an half (into end of Aug) all the way to 4300 and maybe even 4425SPX. From there we will see either 3200 or 2900-2800 (depends on the July bottom 3500 and 3200 respectfully) sometime in Oct. That low alone will be a one big A wave of the correction and the bigger B wave will go up into Jan and final low might come in Mar of 2023, unless its really extended and we wont see the low till 2024. But its too far out to speculate at this point. So my this week trading plan is to exit longs at 3880 and it taken out re-enter to ride to 3960-90 zone and then I will be naked short for the trip down to 3500 zone. If we lucky to see 3750-60 tomorrow, then I will be long for the trip to 3880 at min.
SP:SPX
by RealTima
3
ES is at Bull/Bear lineES is at Bull/Bear line, hit 110 MA and 50% retracement. A real test of who is in charge is right here. As well as ABC move up with perfect 100% extension hit on the SPX close. Jumping over the 110MA and test from the above will be a good sign of continuation of this move. There is also a possible fakeout to watch. A perfect place for a pause of this move up and some retracement. An ABC move up to 4017SPX or so is what Im looking for with A being done and we get to test 3730-40 zone before the continuation higher. Ideally we see the whole move going into the 4th of July weekend! Im slightly short as of close, kinda risky trade as this can just continue extending to 1.618 Will send a separate email with more charts to those who are on the email list. Enjoy your weekend, lots of volatility is coming after the 28th, so prepare for huge moves both ways
CME_MINI:ES1!
by RealTima
12
SPX must close the gap or it will be very bearish imoSo far so good from yesterday's update, we gaped up and the longs must be very profitable to those who followed. Must close the gap today or Monday, otherwise this could be a stop run and the target will be 3585-90SPX (fibs agree if we top here) Otherwise another breakout on Monday would do it and the main resistance is at 3970-90SPX, which will be heavy shorted by me Watching the close of the gap now, which is super close @ 3900.16
SP:SPX
by RealTima
7
SPX - RSI Analysis Two periods can be observed on the RSI for SPX on this 3Monthly chart A downward trend which correlates with a sideways move on the relative timeframe And a small uptrend that correlates with sharper growth on the SPX, these begin within the green circle These green circles show very comparative structures, however one is during an up period, while the current one is during a sideways trend period Price will very likely continue through the up channel on this larger timeframe
TVC:SPX
by Bixley
1
SPX Long Term View 4300 becomes the main resistanceMy weekend update is a day early, I will update those who are on my list with a bit more details on shorter time frame view tomorrow. We are in a bear market and those 5500 callers got destroyed all the way down calling every bottom from Jan. This is my long term view and I think we have bottomed here today or super close to it! I got targets for the potential bottom left, all SPX: - 3643 (came super close to it today) - 3688.50 - 3555 We clearly had 5 down or A completed on this move! Now the time for the B (still think this will be an ABC correction going into Mar of 2023) My main target now is 4300, down from 4425. Extension target now is 4425-45 down from 4600 110MA (descending every day) becomes the main magnet for the move up to hit at least I got 2 main targets to hit for the C, one in Oct/Nov of this year and next one is Mar of 2023. Ideally we see the first target hit and then some sort of damage control move into the EOY close and finish up in to 2600 handle (2800 at min) in Q1 of 2023. I was saying for a while now, that the whole move from 2020 will be erased this year, its getting supper close to it now! That yellow dotted line is line in sand for the bears and bulls, break it above and test it from the top will make me change my view to the whole view and look higher. Before it happens its the main line Im paying attention to now. Have a nice day P.S. next week should rally up and ideally we make a higher low end of the month before the window dressing rally
SP:SPX
by RealTima
29
SPX rejected both 3710 and 3730SPX support, tomorrow will gap upSPX rejected both 3710 and 3730SPX support. Maj daily support was 3710. Tomorrow should gap up. There is a chance we still see my 3696.50 tomorrow, but in idea we should gap up tomorrow and repeat the Mar Fed day. Im out from 80% of my short, and keeping only core longs going into the FED day. SPX gaps to close are: - 3900 - 4017 Failure getting above 3957 after the FED will get us another washout to 3665-68SPX Ideally we gap up tomorrow and make a higher low after the announcement. As the hike is already priced in imo
SP:SPX
by RealTima
5
SPX500 Entries + Exits for FREE (Best Reverse Strat)The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
OANDA:SPX500USD
by ExclusivelyFX
SPX is looking for the 5th down or completing the C wave downIm not an EWT expert but this looks to me like completing the 5th down or the C wave of the bigger A wave down! THIS IS THE BEAR MARKET!!! 6th month and rolling now. All those 5500 coo-laid smokers were destroyed 6 months straight! Typically the bear market is lasting 2 years, I expect the maj low in Q1 next year. Its 6th onth now, so this move down should follow by a very strong rally soon (Mar like) The FED is on Wednesday and I will not be in short or be short on that day or maybe even since Tuesday! We closed below 3909SPX on Friday, targets 3850 or lower (warning email was send to my email list people second part of Fri). ES already below 3855 3855 is the maj resistance now with following 3885-4k zone. I got several targets for this move down: - 3805-09SPX maj support - 3765-80SPX Some other calculations are pointing for much lower levels! - 3665SPX level and, - 3555!!! Something to be open mined to. Ideally we hold 3800 handle, below is very bed! Notes from the chart 4170-90SPX is the main resistances now Resistance - 3855; 3885-4kSPX (must hold for continuation lower) - Low target for tomorrow 3805-09, 3780SPX - Buy if seen in am, dont buy if we see higher first - 3818-20SPX mid support, - 3805-09 and then 3765-80 zone is the maj support zone Buy zone for tomorrow with stops! - 3805-09SPX - 3850 and 34 must hold on any try or it falls apart (main support, not expected to get hit any time soon) Short - no short on the FED day or even after Tuesday - 3855SPX and 3885-4k, no short above 4025 - Low (intraday) was on the 12th (about to get renewed); - Long from 3855-65SPX zone (email was sent when the price was at 3867-68SPX) Larger ABC pathway down into Oct/Nov low or more of the year is in play imo Final target in 3000-3200SPX zone Potential 5 waves down is forming! Next mid Jun low can be lower low! Have to be careful with sizing
SP:SPXShort
by RealTima
4
SPX is on the way to 3885SPXWell we blow all of the supports I was looking to hold. I got also stopped on my NQ short at 12330Jun right before the move. ES was short but covered at 54. Im seating on my hands and looking for 3885-89SPX to hit to go long. We should bottom before the FED next week and rally hard to 4300 into July 4th, maybe even 4425SPX 4215SPX will the be the main target on that move up. Supports on the SPX are 3929, 3908 and 3885-89SPX Weekly support which must hold is 3853SPX, closing below will get us to low 3800 and ultimately to 3775SPX. My view is that we will hold 3885SPX, but dont rule out a test 0f 3850. Ideally we just blast from am lows and finish the move down on Monday/Tuesday.
SP:SPX
by RealTima
7
SPX is set a last test lower before a rally upSo far so good from the other day update. We should test 4090SPX at the open with ideal test of 4077 and 4062SPX and hold today. Holding 4060-75SPX level will produce a good support for a move up to 4215-25SPX and ideally all the way to 4300. After the next high this week or early next, will set us up for a move down to 3885SPX test! Only after 3885SPX tested, we will have a nice multi week rally all the way to 4425-45SPX and possibly even 4600. Dont get trapped!
SP:SPX
by RealTima
12