Spx500idea
S&P 500 1W-TIMEFRAME ANALYSISS&P 500 1W-TIMEFRAME ANALYSIS
Hello ladies and gentlemen
This is my new idea for SPX
the price will test 3130 daily support
My idea shows the possibility of breaking this support
But be relaxed
Real support is between 2970 and 3030 It would be good to test it
From there we will start the bull market
I hope my idea is clear
Support me by like and share
Good luck
SPX / M2 paints a very different picture of the global marketThis chart shows the SPX/M2 and essentially paints a picture of the SPX when accounting for inflation.
All the "gains" made in the time following the 2008 crash, after factoring inflation in, simply put price or "value" back to where it peaked.
How interesting that the 2020 crash should occur at such a pivotal TA level, forming a near perfect sweep of highs and double top.
From this view, it looks as though the price action following the 2020 march lows is simply amounts to a bearish retest.
Will be an interesting one to watch as the money printer fires up yet another round of QE.
Brrrr, brrrr, brrrr.....
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
SPX (S&P 500) - Potential Pullback In PlayThe SPX (S&P 500 index) has been in a uptrend, making a series of higher-highs and higher-lows in price.
A potential pullback play is forming, and the price could fall to the horizontal support levels or support trendline.
Support levels: 3162.39 and 3131.83 and 3024.60.
Resistance levels: 3234.47 and 3263.00 and 3328.58.
__________________________________________________________________________________________________
Thanks for checking out this chart idea. Click Like, Follow, and always remember: NO FOMO.
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: 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.