Get started

Spx500forecast

SPX500USDThe S&P 500 pulled back just a bit on Tuesday, but then turned around to show signs of life again in order to form a hammer. If we can break above the top of that hammer, then we have some work to do in order to get long again. The 50-day EMA above is starting to reach lower, and it looks like we are seeing the 50-day EMA walks right along a downtrend line as well. In other words, it would make sense that we could see selling pressure. If we can break above that downtrend line though, that would obviously be a very bullish sign. The S&P 500 has a huge area just underneath that has a lot of order flow, with the 4250 level underneath offering significant support. In fact, if we were to break down below there, then I would be a buyer of puts as it could open up a bigger move to the downside. That is an area that has been very important as of late though, so I would anticipate that there should be plenty of buyers. In fact, we dipped into the trading region just above there and turned around so it could be the beginning of something a little bit more constructive. The US dollar could have its effect as well, because if the US dollar starts to skyrocket, sometimes that works against the value of stock markets. We are still very much in an uptrend but have been very choppy for a while. Because of this, I think we have a little bit of work to do in order to build up any type of momentum, and the next couple of days could be rather difficult. That does not mean that anything has changed, other than the fact that we may need to do a little bit of work. Because of this, do not get involved with a huge position, and only build up that position once the market starts to work out in your favor. The overall attitude of the market is higher over the longer term, and I think that is what we will eventually see. Adding more credence to the 4250 level is the fact that the 200-day EMA is starting to reach towards that area.
OANDA:SPX500USD
by SmoothJB
1
S&P 500 update after the Evergrande crisisHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ China Evergrande Group has missed a second bond coupon payment in as many weeks, renewing concerns over its ability to repay over $300 billion in liabilities. This Showed an instant effect on the market, the S&P 500 by dropping almost 2% today it went from 4377.41 to 4301.01 and because Evergrand seems to be heading into default and the grace period of 30 days has started, This could be the start of a big market crash that is similar to the Lehman brothers crises that caused the 2008 crash. Possible Scenarios for the market : Scenario 1 : The markets seem to be heading in a Bearish way that will cause a further drop in the market and the first stop will be the support level located at 4248.77 and from there the market will have a chance to stabilize but for that to happen the Bulls need to step in and gain control over the market in hope to prevent a further drop. If the Bulls were able to gain control then we will see a bounce of that support level that will lead the price back near the 4347.83 level. Scenario 2 : After the market reaches the first support at 4248.77, The bears most likely will not allow the Bulls to gain any control which will lead to a breakout of that level that will lead into a further drop possible leading into the 4191.93 levels which could be an early warning signs for a crash in the Economic world. Technical indicators show : 1) the market is below the 5 10 20 50 100 MA and EMA indicating a Bearish short/mid trend, and still above the 200 MA and EMA that indicates a Bullish Long-trend. 2) The RSI is at 34.17 showing weakness in the market with a strong chance that the indicator will go into the overbought zone. 3) The ADX is at 30.35 showing that the market is trending, with a negative crossover between DI+ (12.33) and DI- (36.94). Weekly Support & Resistance points : support Resistance 1) 4352.12 1) 4512.31 2) 4248.77 2) 4569.15 3) 4191.93 3) 4672.50 Fundamental point of view : Asian equities followed Wall Street sharply lower and bonds rallied on Friday, as risk sentiment soured amid growing worries that inflation may persist even after global growth has peaked. U.S. stock futures pointed to a 0.60% decline for the S&P 500, following a 1.19% drop in the index overnight that punctuated its worst month since March of last year. Federal Reserve Chair Jerome Powell said on Wednesday that resolving "tension" between high inflation and high unemployment is the Fed's most urgent issue, acknowledging a potential conflict between the U.S. central bank's two goals of stable prices and full employment. China has proved another particular worry for investors: the economy took a hit from regulatory curbs in the tech and property sectors and is now grappling with a power shortage that threatens to push up energy prices globally. According to reuters Concerns over China Evergrande Group have put investors on edge and added to recent worries over economic growth from the Delta variant. This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
SP:SPXShort
by GabiDahduh
SPX finds floating ground for nowHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The S&P 500 index traded below its 50-day moving average, its first major breach in more than six months. The S&P 500 was able to find a floating ground after teetering developer China Evergrande said it would pay some bond interest due on Thursday. Removing fears of a big and messy collapse that had scared investors. The Index price has dropped 2.6% in the last couple of days but now the market seems to be stabilizing and an increase in value might start bringing the SPX back into the Ascending Channel range. Possible Scenarios for the market if the China situation was resolved : Scenario 1 : If the Bulls were able to gather the force need to gain control then we will see an increase in the market that would reach the 4452.57 resistance level where we might have a small correction that will bring the price near the 4405.15 level before the index goes back into the Ascending Channel range. Scenario 2 : After a drop like that it could take a bit of time for the Bulls to go in and push the market up, in that time we will see the price reach the first support level located at 4308.11 where most likely the buyers will go in, but if they failed to support that line then we might see a bigger drop reaching the 4258.49 or even the 4211.07 support before going back up. Technical analysis show : 1) The market is below the 5 10 20 50 MA and EMA (Bearish Short-Term Trend) But still above the 100 and 200 MA and EMA (Bullish Long-Term Trend) 2) The RSI is at 33.48 it hasn't reached the overbought zone yet and its showing Weakness in the market 3) The ADX is at 22.13 showing that the market is trending with a Negative crossover between DI+ (10.06) and DI- (34.68) Daily Support & Resistance points : support Resistance 1) 4308.11 1) 4405.15 2) 4258.49 2) 4452.57 3) 4211.07 3) 4502.19 Weekly Support & Resistance points : support Resistance 1) 4409.33 1) 4475.22 2) 4385.67 2) 4517.45 3) 4343.44 3) 4541.11 Fundamental point of view : Bloomberg reports that Hengda Real Estate - the main unit of troubled Chinese property developer Evergrande - will make its Thursday bond coupon payment. This hardly means Evergrande is out of the woods - indeed a restructuring at some point still remains likely - but a disorderly unwind seems off the table at the moment. Concerns over China Evergrande Group have put investors on edge and added to recent worries over economic growth from the Delta variant. Persistent default fears overshadowed efforts by Evergrande's chairman to boost confidence in the firm on Tuesday, while Beijing showed no signs it would intervene to stem any effects across the global economy. Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease. According to Reuters This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
SP:SPX
by GabiDahduh
SPX500: my multi-time frame analysisHi Traders, This is my view on this pair for the next days on #SPX500 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pit from Trading Kitchen
FX:SPX500
by kitchen_trading
SPX500: my multi-time frame analysisHi Traders, This is my view on this pair for the next days on #SPX500 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pit from Trading Kitchen
FX:SPX500Long
by kitchen_trading
2
S&P 500 Short The Dow Jones Industrial Average and S&P 500 Index just suffered five straight days of losses and their worst weekly performance since wait for it June. www.cnbc.com We taking this trade based on TECHNICAL ANAYSIS and FUNAMENTAL ANALYSIS, We expecting the pair to CLOSE the GAP before a Bullish continuation. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like, follow and share for more useful content
SP:SPXShort
by Pro-Trading-Africa
SPX500USDIt's likely that we will see a little bit of a pullback as we are at the top of the range. The S&P 500 has rallied a bit during the course of the trading session on Thursday before turning around to form a bit of a shooting star. The candlestick of course is very bearish, and it is worth noting that the NASDAQ 100 has formed something along the lines of a “evening star.” That of course is a negative sign, suggesting that perhaps stocks are going to roll over. To the downside, the uptrend line continues offer support, right along with the 50 day EMA. Beyond that, the 4500 level before they are also offer support, so I think it is only a matter of time before we see some type of bounce. We have been in an uptrend, and I think that does not change anytime soon, so therefore it is only a matter of time before buyers get in on dips and take advantage of “cheap stocks.” After all, this has been a bit of a “buy on the dip” type of market for ages, especially as the Federal Reserve continues to offer cheap money for traders to indulge in. Despite the fact that there has been talk of tapering later this year, the reality is that there is no real sense of them raising interest rates anytime soon. If we were to turn around a break above the top of the shooting star, then the market is likely to go looking towards the 4600 level, as the market tends to move in 200 point increments. After that, it will be interesting to see where we go next, but it is very possible it could be 4800. There is always the negative turn of events, and that would be something that I would play via puts, because flat-out shorting the S&P 500 has been a very dangerous thing to do for ages, and as a result it is difficult to imagine a scenario where I would actually do that. You look at the chart and you could see a plainly carved out up trending channel, so as long as that remains in effect, it tells you where you are going to be a buyer and perhaps take a significant amount of profits along the way. Because of this, as we are at the top of the range is likely that we will see a little bit of a pullback.
OANDA:SPX500USDShort
by SmoothJB
The S&P Bullish trend is still ActiveHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The Bullish trend that started in November where the SPX index started moving up in an Ascending Channel is not stopping yet. The trend is still giving Bullish signals where we kept getting higher highs and higher lows. The S&P 500 index booked fresh record closes on Thursday, despite falling from the session’s best levels, ahead of a highly anticipated August employment report on Friday. The index price is still not showing any signs of weakness and most likely the Index movement for the next period of time will be like this : If we look at the chart and where the market is right now we see that every time the SPX hit the upper end of the Ascending channel it always dropped into the middle range of the Channel, We probably won't see a big Bullish breakout in the Index right now, so the price most likely will be dropping this week a bit and it will be headed near the first support line at 4474.64 and if the Bears were able to gain more control then it could reach the second support at 4439.92 where the major Bull power will be and where the bounce back up will happen that would get the index above the resistance zone between 4528.74 - 4548.12. Technical indicators are showing this : The S&P 500 index is trending above the 5 10 20 50 100 and 200 MA and EMA ( Bullish Sign) The MACD is above the 0 line showing that the market is in a Bullish state, With a positive crossover between The MACD line and The Signal line. The STOCH indicator is in the overbought zone, With a positive crossover between %K (95.00) and %D (92.84). *The overbought zone indicates that the price might drop down. The Ultimate Oscillator is at 79.95 sitting in the overbought zone. The overbought zone indicates that the price might drop down. Support & Resistance points : Support/Resistance 1) 4474.64 1) 4528.74 2) 4439.92 2) 4548.12 3) 4420.54 3) 4582.84 Fundamental point of view : On Thursday, the S&P 500 rose to records on the back of better-than-expected jobless claims data. The initial filings for unemployment insurance fell to their lowest levels since March 2020. The Labor Department reported first-time jobless claims totaled 340,000 for the week ended Aug. 28, compared with the 345,000 estimate. The S&P 500 climbed 0.3%, hitting its 54th record closing high of 2021. Investors are now looking ahead to August’s nonfarm payrolls report — released Friday morning — which could give clues about how fast the Federal Reserve will remove easy monetary policy. Economists polled by Dow Jones expect 720,000 jobs were added in the month, down from 943,000 jobs added in July. The unemployment rate is expected to dip to 5.2%, compared to 5.4% in July. According to CNBC Markets This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
SP:SPXLong
by GabiDahduh