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Spx500forecast

SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2817 (78.6% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2616 (38.2% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:SPX500USDShort
by Tickmill
1
S&P 500 dead cat bounce and collision to 2400 points and lowerWhen talking about S&P 500 as per graph logg we could make conclusion that this was "dead cat bounce. Daily MACD confirms further bearish momentum. RSI turning against. Further fall is imminent to 2400 points. Important thing to say which is subjective opinion, but previous results add weight to expertise: * S&P500 suggested retracement at the Ocotber 2015 and on Janury/February 2016 being worth 1867 points. That was mathematically justified peak of S&P price index. Instead, we had " push" to 2.700 points. Presumably because Bezos bought Washington post 2013 while calling for buy of his shares. In practical terms after posting on twitter 15.th of November TA about S&P and NDAQ collision, people were in denial. However, index value fell from 2723 points bellow 2400 points making 11,5% fall X 24 trillion USD=2676 billion USD loss achieved on SPX from 15.th of November to end of December. Value of previous drop on SPX surpasses GDP of Germany, France, Italy or Russia. Now, we have pretty much same situation. After " dead cat bounce" i am expecting confirmation of 2400 level, therefore i would short it from this position with very narrow s/l placed. S&P 500 peaked by any parameter. Stochastic RSI turning against (peaked already) whether daily/weekly basis. MACD implies for weekly bullish crossover which might cause some kind of pump (therefore S/L is placed very near to 2720 index value). Having on mind that even current S&P500 index value is actually gifted price for uneducated, i would recommend every shareholder to clear his position in order to avoid buying on " right shoulder" SPX will continue to make lower highs (probably this one which will retrace back to 2400) points making 2500 billion US dollar loss and right after new lower high and further collision which could actually trigger massive selloff and price dumping whether we are talking about SPX, NDAQ or DJI. S&P500 index has no healthy grounds for this index value and further fall is imminent all the way down to 1867 points which is 33% additional fall in Index points. Money which is used for pumping index over " mathematically justified price peak=1867" points could now cause yo yo effect and cause massive reversal and selloff. As long banks or big holders are willing to pump price, it will be so, but, as time passes, it becomes more and more expensive to maintain artificial price as this one. Gold and silver are the only safe storage of value. Everything else will collide. Good luck to everyone.
SP:SPXShort
by milanjelic
57
S&P 500 - Sharp Fall, Distribution, Trapped Retail Traders I dont need to speak much on this one, please look at the previous data to help find a high probability outcome here. The world is in a shamble with PLENTY of fundamentals that are not positive right now, the stock market will crash its just a matter of time. As we can see we have had a nice recovery of 15% which is sitting right at an optimal entry point for retail traders to long, but actually a smart trader would be taking short positions here. Which is exactly what we are going to do. Short the S&P500. .705 Fibonacci Level (Optimal Trade Entry) *Shorting after a recovery ( Plenty of stops were taken out and retail traders believe the market is recovered and is looking healthy, when in reality institutions are dumping bags) Dont be fooled. The Sharp Move will follow.
OANDA:SPX500USD
by TheBigStepper
SPX500 breaking channel - Possible Big ShortSPX500 have been trading in a narrow range channel - so far it broke the base of the channel, expecting this market to break down which is more probable scenario to me at the moment, but if it doesn't then i am looking the top of the channel for a short trade. As this market is bearish trending and momentum on all across higher time frames supporting the view, so keep watching this market for a big trade opportunity. Trade Safe!
FX:SPX500Short
by UmarAbdurRehman
4
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2508 (100% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 2379 (61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:SPX500USDShort
by Tickmill
SPX approaching resistance, potential drop! SPX is approaching our first resistance at 2508 (100% fibonacci extension, 38.2% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 2375 (61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:SPX500USDShort
by Tickmill
SPX500 approaching support, potential bounce! SPX500 is approaching our first support at 2600 (100% Fibonacci extension, Horizontal swing low support, 76.4% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 2808 (61.8% Fibonacci retracement, Horizontal overlap resistance). Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
OANDA:SPX500USDLong
by Tickmill
Imminent Market Crash in 2019, S&P500 leads the way!S&P500 The Market has been enjoying a BULL RUN on a long-term bull market since the 2008 Financial Crisis . The main characteristics of a bull market is a slow rally market followed by with the last push parabolic where it will trap all the last minute and naive investors who are still going LONG for a market that will eventually see CORRECTION and RECESSION on a flat and low yield environment where prices no longer meet its growing demand and value output. Soon the market no longer able to increase in its market capitalization on growth should see a Double Top or Triple Top(FalseBreak) all-time high. Debts are piling up as usual and the market has been artificially inflated by cheap borrowing and ETFs support over the years. The market is still ranging on its TOP Trading Range and support may still be found on this low range, this low range support will protect its continuation of a bounce within this TOP Range. However, the moment the price closes below this key range support on this TOP Trading Range. We will witness the 10th year financial crisis that every BEAR and SHORT Sellers are waiting for. This heavy correction or bear market should be a quick and decisive one which may last less than a year or short. On a yearly candlestick, we are looking at a possible BEARISH ENGULFING candlestick with huge body% dominated by big players who are no longer willing to build long portfolios at current market price. So what may lead to this? China Debt Crisis of over-leveraging on borrowing on its global property market expansions, CHINA'S HOUSEHOLD DEBT HITS RECORD HIGH — AND IT'S STILL RISING. Dollar high-interest environment pushes equity to higher risk during a high-interest environment where money is better kept in treasury versus equities. Slow and Lower Yield global market environment, flee for cash and safe havens will once again be back in the picture as countries like JP and SWIT can no longer hold negative interest rate. The moment S&P500 give way on this support level, the entire market will meltdown just like how $Bitcoin or #Bitcoin breaks its 5700 support, the entire market cap will fall together as money will exit equities, options will be triggered, futures will change direction, and there will be an escalation of normal people's asset and net-worth tanking leading to more money panicking to move out of the equity and stock market. The global market has been a joke since the recent artificially inflated money game of cheap money and inflating the market with ETFs. Soon, everything will correct to where it should be. The panic will buy more during this crash and finally losing so much before it turns around. #Disclaimer Forecast only :). Good luck boys and happy new year - FTD.
SP:SPX
by FXBOX
SPX500 approaching resistance, potential drop! SPX500 is approaching our first resistance at 2822 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 2622 (100%, 61.8% Fibonacci extension, Horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:SPX500USDShort
by Tickmill
1
SPX500 approaching resistance, potential drop! SPX500 is approaching our first resistance at 2676 (horizontal pullback resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur pushing price down to our major support at 2600 (horizontal swing low support, 100%, 61.8% fibonacci extension, 78.6% fibonacci retracement, support level on 4h chart). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:SPX500USDShort
by Tickmill