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Spx500forecast

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.
OANDA:SPX500USDShort
by kitchen_trading
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!
SP:SPX
by harribatu
1
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!
OANDA:SPX500USDLong
by kitchen_trading
SPX500 SELL SIGNAL Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Market-Sell: 2796,00 Stop-Loss: 2830,00 Target 1: 2759,00 Target 2: 2727,00 Target 3: 2680,00 Stop-Loss: 34 pips Risk: 1-2% Risk-Reward: 2,57 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
5
S&P 500 INDEX (SPX) WeeklyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
SP:SPX
by Dinjin
1
S&P 500 INDEX (SPX) MonthlyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
SP:SPX
by Dinjin
SPX500 Bigger Picture Points Below 1450!SPX500 has formed a major top at 3400 levels, and a larger degree Head and Shoulder might be in the making already. A decade old trend line support was broken earlier when SPX500 dropped from 3400 to 2191, Wave (1) on chart. The subsequent rally has been sharp but it is nothing but a counter trend, which could terminate around 2850/2930 zone, Wave (2) on chart. Head is 3400, Neckline was 2345, Left Shoulder around 2900 and Right Shoulder as Wave (2) termination. Let us prepare to go short again towards 1400 levels. Strategy: Short around 2800/2900, stop 3400, targeting 1400. Legal Disclaimer: This article is not investment advice. The data provided is for marketing material purposes and is not intended to confuse nor guide our clients on trading decisions. Any investment activity performed is perceived to be a self-directed decision. Exclusive Markets is not liable for losses that may occur because of a decision made after reading the information published on our research page or any other media. Risk Warning: Trading the capital markets is risky therefore further knowledge and experience may be required. Apply appropriate risk and money management always and ensure the implementation of safe leverage.
TVC:SPXShort
by ExclusiveMarkets
Optimism is good but (1500-1600) can't be ignoredStocks markets, risk assets, Cryptos are rallying (maybe recovering is a better term) as markets participants try to price in a possible slowdown in the COVID-19 pandemic. But, even if the Pandemic miraculously disappeared today, the massive economic shock won't disappear anytime soon. Major indices all over the world have already plummeted into Bear Territories and the recent rally is simply a correction. In fact, if you look at previous bear markets, you will find plenty of temporary Bullish rallies within the larger Bearish move. So, I would advise everyone not to get carried away by this. This, of course, doesn't mean that you shouldn't buy good value stocks. In fact, I have already bought some stocks last month and I plan on investing in good value stocks over the next 12-20 months and hold them till the end of the next Bull market. In the next few months, we will be dealing with bad economic data, a bigger than 2008 recession(probably), job cuts. So, such rallies as the one we are seeing now will be sold aggressively and markets will plummet into fresh lows. Until a 50%-55% drop has happened, we can't start thinking about bottom formation. And in my opinion, we are at least 18-36 months away from that.
SP:SPXShort
by TraderAvDM
11