Spx500analysis
SPX500 WEEKLY FORECASTHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
SPX500 BullishAll indexes are currently bullish which indicate longs, SPX500 has broken previous support and is now consolidating, unless the market is going to crash soon (strong probability) this is a perfect opportunity to get into a either short term or long term buy once it breaks consolidation as a 2nd confirmation.
SPX500 valuation action:A continues fall - price directly slop from 3224 to 2995.
It can see that when there is continue fall price bounce up-to 100 points.
The price was trading near the support line that became the strong point for breakout.
It can be seen that the price can move near the support line that is support become resistance.
As we can see there is not a strong point for any support below 2973 price can fall still down.
SPX500 Thinking out loud - Price projectionsJust my thought will change nothing on my day trading, but just talking to myself, what is possible. Every big correction, and problems, we had the second drop, and lower low.
SPX Bullish and Steady - Re-entering Pre-Covid 19 ChannelTaking a look at the lower trend line dating back to 2016, you'll see obvious esistance levels, and the two out of balance areas. One being Covuid-19. We were quick to recover and re-enter that Channel. Yesterday, bottom of that trend line was hit around 3,000 and is slowly recovering from that bounce. Set you're fibs and find a good entry. Don't let the bears get you down. Go long for the long run.
SPX500USD Buy signal setupEnjoy a free signal
Trade at your own risk;
Know your risk to reward
We had a breakout of monthly S/R area and now market has come back down to retest the 12hr uptrend. If it holds, this shall play out.
Symbol: SPX500USD
BUY
Entry: $2950
Best entry: $2940
Stop Loss: $2920 (-$30 to -$20 from best entry)
Take profit: $3015 (+$65 to +$75 from best entry)
SPX500USD Buy SIgnal SetupEnjoy a free signal
Trade at your own risk;
Know your risk to reward
We had a breakout of monthly S/R area and now market has come back down to retest the resistance. If it holds, this shall play out.
Symbol: SPX500USD
BUY
Entry: $2940
Best entry: $2935
Sl: $2920 (-200 to -150 pips from best entry)
TP: $2980 (+400 to +450 pips from best entry)
TP2: $3015 (+750 to +800 pips from best entry)
SPX500 Sell Signal setupHeres my analysis on SPX500USD before the week gets started.
enjoy a free signal.
trade at your own risk.
SELL
Symbol: SPX500USD
Entry: $2875 (Sell limit)
Best Entry: $2895 (Sell limit)
Stop Loss: $2915 (-400 to -200 pips from B.E.)
Take Profit: $2820 (+550 to +750 pips from B.E.)
Take Profit 2: $2760 (+1150 to +1350 pips from B.E.)
SPX500, what's next?What's next on #SPX500?
First of all: to be honest, before today we were pretty much sure it would reach 3000 Area.
Now, something is changed, obviously.
As the bullish trendline was broken on 2900 we turned our trades on a short view and we made a very good profit, as you can see on our free Telegram Channel but
once broken the important level in 2830, we cannot think about long trades.
So we wait for the same level is retested again to open another short position until 2777 area.
If broken as well, we wait for it to reach the previous point 4 of Elliot Wave visible on the daily timeframe.
Target 2730.
Critical Move For The Markets. (SPX)We are watching this compression point currently under this horizontal Resistance level.
Paying attention to the upward support that we are approaching after breaking our first price average as the candle crosses over the black line.
We hold that as bearish movement.
Would like to see it crack and have a nice Retracement.
50% short. Playing roughly 3% stop-loss, we will stay on top of it and see how she wants to move.
Have an awesome trading week! Cheers. ✌😁✌
#SPX ANALYSIS.. We see head and shoulders pattern in daily chart of #SPX, also ma10 and ma20 turned their directions to negative.. We can easily say that there are some bearish signs for #SPX.. It is likely that the price will go down.. We will wait and see..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
SPX INTERESTING LEVELS ON WATCHSPX IS SNCE CORONAVIRUS QUARANTINE CORELATED SINCE FED IS PRINTING MONEY EVERY THURSDAY TO BOTH INSTRUMENTS, CURRENTLY PRICE SITTING AT BOTTOM CHANNEL+ DAILY EMA
pRICE BROKE LOWS WITH BEING BELOW 200+50, POSSIBLE LH TO SELL, IF CURRENT LOW BREAKS WITH THAT DAILY EMA+CHANNEL WE SHOULD CONTINUE LOWER
SPX500: Sell the BreakoutHi Traders,
In the coming weeks, SPX500 will be entering an elongated series of corrective structures before we can see next impulse rally. In the interim, I'm expecting price to push lower in an ABC structure. Look to join short positions when price confirms.
Regards
Wave Theorist
SPX500 Trendlines - Fib Projections - Levels of importanceWe have levels of importance as you can see. The middle one is 0.618 from April 2019, a very important level. Other is price projections, with levels of importance, I expect bounce (at least small), from every level on the chart, as you can see it worked so far.
SPX500hey guys, here my SPX500 idea for the next days
i see the price forming the correction B on 1D, price should complete a whole wave before to drop forming C
i believe this pair will give buys on B and sells on C
my first tp will be around the green square i marked up where i think x -1 will be completed, then i will go long till 5 which would b complete B
SPX Outlook for this next two weeks.Perhaps there are a thousand more scenarios although I can see how the index has been losing momentum. Could it be that the market stimuli have not been sufficient and we are facing the continuation of the correction?
I have drawn in yellow my main idea, that this is falling apart again. In another colour, a kind of orange, the idea that the market is still sleepy and that can go higher (I can not imagine how, but the probability exist.
What are your thoughts? What part are you on?
Thanks!
SPX500 scenarioOur view on #SPX500:
Price reacted very well on the last Fibo Zone in 2900 Area.
The next one is around 3000 and we're sure the price is going to reach that zone and bouncing downside to 2900 Area.
This is a possible short trade.
We only have to wait for a confirmation for a long trade to area 2900.
It seems a Wave pattern is consolidating. We only need to know where the point 4 will be.
Which channel will be confirmed? Time Analysis suggests us we will discover it on Monday!