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Spx500analysis

Why ORB + VWAP is Your New Best Friend in Trading -No, SeriouslySP:SPX Hey there, traders! Deno Trading here;👋 Stop feeling like the market is just a one big, mysterious puzzle, and felt you're missing the piece that makes everything click? Well, strap in, because today we're diving into the magic of the Open Range Breakout (ORB) strategy, sprinkled with a little VWAP (Volume Weighted Average Price) magic dust. Spoiler alert: This combo is like peanut butter and jelly for traders—simple, effective, and deliciously profitable. The Chart (aka "The Battlefield") Take a look at the chart above—our trusty S&P 500 on a 15-minute time frame. Notice those blue zones? That’s your ORB, the first 15-30 minutes of market action where all the cool kids (a.k.a. the big institutions) are making their moves. The VWAP line? That’s the referee, keeping everyone honest. Now, let’s break down why ORB works most of the time (we're not wizards, after all, just really good strategists). ORB: The Reliable Wingman Imagine ORB as your super-reliable wingman. It’s there at the start of the trading day, setting the boundaries. If the price breaks out of this range, it’s like getting the go-ahead from your wingman to approach—“Yeah, this one's a keeper.” In our chart, you can see how every time the price breaks above or below the ORB, it either rockets off to the moon 🌕 or dives deep into the abyss. And just like in life, we always want to go with the flow—if the price breaks out, we’re in for the ride. VWAP: The Truth Serum Now, let’s talk VWAP. Think of VWAP as the lie detector of the trading world. When the price is above VWAP, it’s like the market is saying, “I’m feeling good, let’s keep pushing higher.” Below VWAP? Well, it’s like the market’s had a rough night out, and it’s probably heading home early. In this chart, you’ll notice how the price interacts with VWAP after breaking out of the ORB. When the price stays above VWAP after a breakout, it’s a sign that the bulls are in control—cue the confetti! 🎉 But when it dips below, the bears start growling, and you might want to reconsider your long positions. Jokes Aside But Hey: ORB Always Works (Except When It Doesn’t) Let’s be real for a second—ORB mostly works. Kind of like how your Wi-Fi mostly works until you really need it. But when ORB does work, it’s like hitting the jackpot. You’re basically riding the wave that everyone else is trying to catch. And if it doesn’t work? Well, blame it on the market gremlins and move on. Why and Why again: ORB + VWAP = Trading BFFs Let me wrap up that if you’re not using ORB with VWAP, you’re missing out on a killer combo. These two are like Batman and Robin, or coffee and donuts—they just make sense together. So, the next time you’re staring at your charts, remember: Trust in the ORB, let VWAP be your guide, and don’t forget to laugh at the market’s little quirks and use the news as your catalysts. Because at the end of the day, trading should be fun, profitable, and maybe just a little bit magical. Now go forth and conquer those charts, my fellow traders! 🚀 Deno Trading in and out!
SP:SPX
by Deno_Trading
SPX Analysis by Deno Trading: Key Levels to Watch ForMy Take: Looking at the 4-hour chart of the S&P 500 Index, it's clear that we're approaching a critical juncture. The price recently rallied up to the $5,620 - $5,630 resistance zone, which has been a significant barrier in the past. However, this level has proven to be tough for the bulls to break through, and we're now seeing signs of potential exhaustion. Key Levels: Resistance: $5,620 - $5,630: This is the zone where the price is currently facing resistance. It’s a crucial area to watch because a failure to break above it could result in a pullback. Support: $5,480 - $5,440: If we see a rejection from the current resistance, I'm expecting the price to retrace towards this support zone. This area has acted as a strong floor in the past, and it's likely where buyers might step in again. Trendline Support: The upward trendline, originating from the lows earlier this year, is still intact. This trendline could provide additional support around the $5,280 level if the price breaks through the aforementioned support zone. Expectations: Pullback Potential: Given the current price action, I wouldn’t be surprised to see a pullback from this resistance zone. The first area I'll be watching for potential support is the $5,480 - $5,440 zone. A break below this could bring us down to test the trendline around $5,280. Continuation of the Uptrend: If the bulls manage to push through the $5,620 - $5,630 resistance zone, we could see a continuation of the uptrend with a possible target towards $5,700 and beyond. But for now, I’m leaning towards the possibility of a short-term pullback before any further upside. Final Thoughts: Right now, I’m closely watching how the price reacts around this resistance zone. A pullback could offer a good buying opportunity, especially if it holds above the $5,480 - $5,440 support area. On the other hand, a strong breakout above $5,630 would signal that the bulls are in control and could push the market to new highs. This is a video coverage of an analysis that I did yesterday. Stay Positive!
SP:SPX
by Deno_Trading
S&P 500 Index (SPX) Analysis: Key Levels and Expectations.SP:SPX My Take: Looking at the 4-hour chart of the S&P 500 Index, it's clear that we're approaching a critical juncture. The price recently rallied up to the $5,630 - $5,655 resistance zone, which has been a significant barrier in the past. However, this level has proven to be tough for the bulls to break through, and we're now seeing signs of potential exhaustion. Key Levels: Resistance: $5,620 - $5,630: This is the zone where the price is currently facing resistance. It’s a crucial area to watch because a failure to break above it could result in a pullback. Support: $5,480 - $5,440: If we see a rejection from the current resistance, I'm expecting the price to retrace towards this support zone. This area has acted as a strong floor in the past, and it's likely where buyers might step in again. Trendline Support: The upward trendline, originating from the lows earlier this year, is still intact. This trendline could provide additional support around the $5,280 level if the price breaks through the aforementioned support zone. Expectations: Pullback Potential: Given the current price action, I wouldn’t be surprised to see a pullback from this resistance zone. The first area I'll be watching for potential support is the $5,480 - $5,440 zone. A break below this could bring us down to test the trendline around $5,280. Continuation of the Uptrend: If the bulls manage to push through the $5,620 - $5,630 resistance zone, we could see a continuation of the uptrend with a possible target towards $5,700 and beyond. But for now, I’m leaning towards the possibility of a short-term pullback before any further upside. Food for Thoughts: Right now, I’m closely watching how the price reacts around this resistance zone. A pullback could offer a good buying opportunity, especially if it holds above the $5,480 - $5,440 support area. On the other hand, a strong breakout above $5,630 would signal that the bulls are in control and could push the market to new highs. Stay tuned for more updates as the situation develops! Happy Trading from Deno Trading!
SP:SPX
by Deno_Trading
Is this a SELL SIGNAL for S&P 500 this week???Technical speaking, we have predicted that last week, the s&p 500 might started to rebound, since we've seen three to four bearish candles before trend reversal in the past pullbacks, and last week was the forth candle of this pullback. And it just moved as we've predicted. And for now, the price is still rebounding from overall bearish market. So this week, we might pay close attention to the ending signal of this rebound, for example, the price be rejected by the resistance of previous low. Key macroeconomic dates include the U.S. releasing the July PPI on August 13, the July CPI on August 14, and the so-called "dreaded" July retail sales data on August 15. Also, Japan will release its Q2 GDP, likely stirring the pot again with yen carry trades. In political news, the latest Financial Times poll shows Harris with a 1% lead over Trump in the presidential race. I think from economic reports to the election, all could drive more volatility in U.S. stocks. Investors should keep a close eye on market movements and manage their risks accordingly.
SP:SPXShort
by xugina78
Will the Stock Market Crash Continue? My Trading ideasOn the macro level, the Bank of Japan says it won't raise rates when the market's unstable, which helped calm the market this morning. But rising tensions in the Middle East are making investors nervous. I think in these shaky times, it's smart to spread out your investments and focus on safer bets like healthcare, consumer goods, and utilities. You might also consider using options to protect against short-term losses. Now let's check s&p 500 from technical aspect. The price is moving in an overall bearish market, but recently, it be supported by previous high volume candle area. Now the point we may need to pay attention is the yesterday's bearish engulfing pattern, since the price started to drop after this pattern of previous callback. Therefore, the price may continue to go bearish later. And traders who are interested in short trading, like me, may be a good timing to watch now.
SP:SPXShort
by xugina78
Eyeing the Key 0.618 Fibonacci Level Amid Rising Wedge BreakdownCurrent Price Action: - The S&P 500 is currently trading around 5,346.55, having experienced a recent pullback. - A significant decline of about 13.51% from the recent highs is indicated, bringing the index to around 4,703.08, which aligns with the 0.618 Fibonacci retracement level. Fibonacci Retracement: - The 0.618 Fibonacci level at approximately 4,703.08 is a critical area to watch. This level is typically considered a strong support zone in technical analysis, and a bounce from this level could be anticipated if buyers step in. Rising Wedge Pattern: - A rising wedge pattern has been identified, which is generally a bearish signal. This pattern suggests that the recent uptrend might be losing momentum and could lead to a significant price correction. - The break below the lower trendline of the rising wedge confirms the bearish outlook, supporting the expectation that the price might head toward the 0.618 Fibonacci retracement level. Support and Resistance Levels: - Immediate support is seen at the 0.5 Fibonacci level around 4,887.58. - The major support level to watch is the 0.618 Fibonacci retracement at 4,703.08. - On the resistance side, the recent high near 5,669.34 acts as a critical resistance level. If the index manages to reverse and break above this level, it could invalidate the bearish scenario. Technical Indicators: - The moving averages are currently showing a downward slope, indicating bearish momentum. - The EMA ribbons (colored bands) are compressing, suggesting a potential shift in trend. Conclusion: - Given the break of the rising wedge pattern and the target of the 0.618 Fibonacci retracement, the outlook for the S&P 500 appears bearish in the short term. - Traders should watch for a potential bounce at the 0.618 level around 4,703.08, as it might serve as a strong support area. - If the index fails to hold this level, further downside towards the 4,440 region could be expected.
TVC:SPXShort
by CryptoFallen
2
SPX broke the trend line with a gap. Time to sell rallies?Since April, the SPX has risen around 15%, and since November's low, it has increased by almost 40%. This is quite significant for such an index, making us wonder if this rise is fundamentally justified (in my opinion, it is not). But, as they say, "trade what you see, not what you think". What we saw was a strong upward move. However, keeping this expression in mind, we also observed a breakdown with a gap yesterday, which was not filled during the day, indicating a "gap and run." My preferred strategy for the index is to sell on eventual rallies above 5500, with a target at 5250. This strategy would be negated by a new all-time high (ATH).
SP:SPXShort
by Mihai_Iacob
8
SPX500USD ( TRADE BELOW RESISTANCE TRENDLINE ) ( 4H )SPX500USD HELLO TRADERS Tendency the price trade below resistance trendline , indicates the price is under bearish pressure TURNING LEVEL : there is a blue line around 5,596 , indicates if the price trade below this level reach a support level , but if the breaking turning level reach a resistance level NEW RESISTANCE LEVEL: there is a green line around 5,625 , it indicates the progress of the index SUPPORT LEVEL : there is a red line around 5,544 , indicates buying have already increase this level , and in this level create a demand zone PRICE MOVEMNET : the price stabilizing below turning level around 5,596 , in my opinion until the price trade below turning level , reach a support level at 5,544 , then breaking this level reach a next target at 5,503 , if the price breaking turning level create a new resistance level at 5,625 and 5,661 TARGET LEVEL : RESISTANCE LEVEL : 5,625 and 5,661 SUPPORT LEVEL : 5,544 , 5,503
OANDA:SPX500USDShort
by ArinaKarayi
SPX500 / US500 Bullish Robbery Plan To Make MoneyMy Dear Robbers / Traders, This is our master plan to Heist SPX500 / US500 market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Stop Loss : Recent Swing Low using 4h timeframe Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
EIGHTCAP:SPX500Long
by Thief_Trader