Spx500analysis
SPX500 UPDATE with S/H/S-InverseHey tradomaniacs,
SPX500 is creating an S/H/S-Inverse-Pattern 👉
A break above the Neck-Zone could cause a clean bullish momentum as price is currently under a significant resistance-zone.
A trigger of stop-losses could attract more buyers to take action.
More risk-on-sentiment in the market would be awesome for our trades.
As you know, I can`t give you exact data for a trade as price varies from broker to broker❗️🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Short term perspective: Will SPX continue its fall?Markets have been driven by interest rate move in recent days. Expecting SPX to continue its weakness over the next few days.
But could there be bottom-fishing? I think it is likely.
Looking for price to retrace down to 3830 levels before rebounding back to 3900.
Let me know your thoughts.
SPX500 could MOVE UP soon!#UpdateHey tradomaniacs,
SPX500 aswell as other Indicies had a rough start into the day and we finally see some healthy retracements❗️
Looking at SPX500 you can see that price is re-testing a very interesting zone of a potential reversal 👉
Considering how weak the Forexmarket reacts to the global sell-off I really doubt that we are going to see a continuation of the current move, unless fundamentals by Powell will cause more uncertainy.
If SPX500 moves up from here we might see trend-continuations in the Forexmarket and strong pumps.
Let`s see what the Wallstreet is going to do.👌
S&P 500 Long PositionS&P 500 Long Position
🔵 Entry: $3,886.0
🟢 TP & RR: $3,929.1 (2.44)
⛔ Stop Loss: $3,868.3
REASONS FOR THE TRADE
✔️ Market Flow Green
✔️ Higher low on lower time frame
📝 I am expecting a small retracement upwards before price continues to go down. The second order I am looking to open is for a short at the $3,914.0 level.
SPX500 could move UP! Hey tradomaniacs,
Looking at SPX500 we can see a good rally after the expected fakeout#5 from yesterday 👉
As you can see we are currently re-testing the previous trendline of the entire weird and volatile correction.
If this level holds market could continue with its previous breakout and start a new rally!
If not.. SHORT IT ;-D
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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SPX500 COULD get PROBLEMS!Hey tradomaniacs,
YIELDS are still in focus and could cause problems for the stock-markets.
Why is that so important?
First of all you have to know that there is a difference between capital market rates and the Federal Funds Rate.
The Federal Funds Rate is an control mechanism to keep inflation, demand, supply and more economy related points balanced.
Capital markets refer to the places where savings and investments are moved between suppliers of capital and those who are in need of capital.
The rate of the capital market depends on the current risk which is increasing with the inflation.
Example:
Let`s say you borrow money to a customer with a duration of 1 year.
In this time-period you expect inflation to increase, means the money that you will earn with this deal will have less value than now.
As a compensation you claim a higher interest-rate in order to compensate the depreciation 👉 This is basically why YIELDS are currently rising!
Additionally you claim a bonus for special risk as higher inflation could cause a payment default of your customer.
This shows that Central Banks have way less impact on capital market rates, hence it is way harder to predict when YIELDS stop rising.
Why could that be a problem for stocks? Inflation is good isn`t it?
Simply because rising interes-rates mean less demand in credits due to higher expenses 👉 Less investment 👉 Less consume
When you look at this context you could assume that we kinda stuck in a loop.
1️⃣ FED prints money and causes inflation 👉 Bad for dollar and good for stocks
2️⃣ Capital market rates rise due to inflation 👉 Good for dollar and bad for stocks
...and so on...
I hope this helps you to understand why the current market is so choppy.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
SPX500USD 2021 Feb 15 Week
OANDA:SPX500USD
SPX500USD 2021 Feb 15 Week
Red/Green zones = preferred entry
Grey = price rotation zones
Last week's long targets
3938 = reached
3913 = reached
Support1 = 3905
Support2 = 3885
Support3 = 3868.8
Demand has come in, will maintain long on dip as long as buy volume can be sustained,
or on rest of 3931 level.
If in the near future reversal price action occurs and close below 3930.90,
then will consider change in direction to short.
Have a safe and profitable trading week.
Like and follow if you find this useful : )
Gong Hei Fatt Choi & Happy Chinese New Year to my Chinese friends!
S&P500 Long SetupSPX500 Long Setup
🔵 Entry: $3,911.9
🟢 TP & RR: $3,954.0 (2.48)
⛔ Stop Loss: $3,894.9
REASONS FOR THE TRADE
✔️ Market Flow Indicator went green
✔️ Trade in direction of the trend
📝 Not much to analyse here aside that it's a trade based on my system. With that being said the price may drop down to the support level, where I will be looking to open a long order again.
S&P500 Long SetupSPX500 Long Setup
🔵 Entry: $3,868.7
🟢 TP & RR: $3,3936.1 (3.05)
⛔ Stop Loss: $3,846.6
REASONS FOR THE TRADE
✔️ Resistance turned into Support
✔️ Market Flow Indicator Oversold
📝 Stop Loss is a bit close, so feel free to adjust it. If we break down from that level I will be looking to open a short order.
S&P 500 Short SetupS&P 500 Short Setup
Entry: $3,864.4
TP & RR: $3,750.7 (2.22)
Stop Loss: $3,915.7
REASONS FOR THE TRADE
Not much to discuss here, aside from the fact that we are looking to open a short position at an established resistance level. This is one of those trades that it's just too obvious, so I believe a lot of traders will be stacking orders there. When/If our position gets filled, we will be monitoring it and if volume continues to increase or we pierce that level convincingly, we may close the trade prematurely and potentially open a long trade.
SPX500 could MOVE UP again!Hey tradomaniacs,
SPX500 is re-testing a significant resistance-zone👉
A move above price-zone 3750 - 3760 could cause more bullish momentum as the previous move would turn out to be a fake.
Trend-Fan and strong-support-zone were holding showing a strong demand with high volatility, which is often a sign of reversal.
Watchout for potential volatility as reddet-group wallstreebets continues to push SILVER and stocks like TAAT.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!
CAN SPX500 break the KEY-Support-Zones?Hey tradomaniacs,
I will be very cautious today as the entire situation is a bit tricky.
Yesterdays statement by Jerome Powell has still been dovish, but kept its policy decision unchanged which could have been a dissapointment for those who expected more financial injections for the market.
Also important to note is that he ignored questions about asset-bubbles such as Bitcoin and Gamestop and said his business is to support the economy ignoring the fact that the FED has created one of the biggest bubbles in history.
The past has shown that this dishonesty causes uncertainy and so sell-offs in the stockmarket, which is boosting the US-Dollar
These moves can often reverse very quickly with upcoming news-flows as prices are getting cheaper and more attractive with these sell-offs, which is the reason why I hesitate to participate on these moves down by majors vs. USD.
Keep in mind that stimulus is still an important topic for the market and could quickly cause sudden euphoria.
For now I`m watching the stockmarket and want to see whether important key-support-zones can break or not 👉
SPX500 quick intraday short for tomorrowHi Traders,
This is our view on this cross for the next days.
#SPX500
SELL 3834
SL 3848
TP 3820
We remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if the rules of our strategy are strictly respected.
Eventually, any updates will be given in the comment section below
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Trading Kitchen
SPX500 - distributionBefore the Chinese New Year.
I think we will go for a correction.
China is the engine of the global economy.
After the Chinese New Year I expect growth in all markets.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
SPX500USD 2021 Jan 25 Week
SPX500USD 2021 Jan 25 Week
After the recent high showing supply, 2nd last bar again is a sign of weakness.
Besides, it has fallen out of channel and
If price broke 3820 and it becomes resistance
and let's see if a lower high is formed to confirm change in trend in the near term.
Resistant3 = 3927.5
Resistant2 = 3883.90 - 3894.20
Resistant1 = 3862 - 3869
Support1 = 3820 - 3833
Support2 = 3774.5 - 3784
Support3 = 3723.5 - 3728
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Have a safe and successful trading week ahead. OANDA:SPX500USD