Spx500long
S&P500 - Quick Chart AnalysisFor what it's worth, I'm dropping a very basic analysis of the current price action for S&P500. It seems that the price is resting on the middle trend line of the descending channel.
The risk-takers might want to open a long order at the current level of $4,150 with a target at $4,400 and a stop loss below the recent lowest low, which is $4,060.
I personally will be trading with the trend and have an order set up at $4,400 to short the index. The stop loss is slightly above that level.
SPX and what you need to know..Well yesterday we saw a hugely important lesson for Traders on the SPX. Im sure many of them left a stop under the previous low as per usual...
Why is this unwise...? Well if you know how the markets work on a mass scale, it rather makes sense.
Entities with large amounts of money like good deals. They want to get in at the right time.
The volume of their trading size moves the market so much they put it in before the previous low. That's why stops get taken out.
Do not get yours taken out... Spread risk. Trade small. It will keep you happy..!
SXP500 Index: Stumbled and fell.Today we are here to talk about the SXP500 index.
Today: The index is trading at 4287. In the last trading session, we saw a sharp increase to the 4315 zone which I expected earlier here is a link to the idea.
What's on the market now:
Today the market will be in the phase of fixing the profit received yesterday. Globally, the market moves to the 3780 zone. And yesterday it formed a local peak at the price of 4308.
What are we waiting for today:
We are waiting for a movement to the level of 4220 and a further attempt to rise to 43 35.
What I recommend:
If you want to open short:
It is possible to open short positions only on rollbacks 4300 – 43 35, while limiting risks.
If you want to buy:
Longs are prohibited. Possible sharp movement to the zone 41 00
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time!
SXP500 Index! - Let's buy! (risky)Today we are here to talk about the SXP500 index.
Today: The index is trading at 42 15. This time we saw a sharp fall in after the correction to the 4220 zone that we expected earlier, here is a link to the idea.
What's on the market now:
Globally, the market is moving towards the 3780 zone. But now a local correction with a local top at 4320 is possible. However, we still have an important level And yesterday it formed a local bottom at the price of 4200.
What are we waiting for today:
Now we are waiting for the market to try to rise above 43 15. However, the market still has the possibility of a sharp price movement to the level of 41 00.
What I recommend:
If you want to open short:
Open short positions above the level of 4315, limit your losses.
If you want to buy:
Long positions are possible from the 42 20 level. Limit your losses to the latest bottom at 42 00.
If you want to ask a question about an idea:
If you would like to get more info, contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time!
SPX500 likely to MOVE UP!Hey tradomaniacs,
previous sell-offs due to the fact that the market realizes FED is not kidding with rate-hikes were pretty strong, but will probably correct soon as the sentiment is too bearish and has oversold the indicies such as SPX500 and NASDAQ100.
We will probably see a move up to attract more buyers in order to get more liquidity for the sellers.
So far the day has been a mess, buit the previous breakout did not cause another rally which is a strong indication for a reversal due to exthaustion by sellers at the bottom of the day.
Liquidity turned out to be pretty bullish as we head into the after-lunch-session and I could imagine to see a strong breakout here to the upside (short squeeze).
Let`s see what happens =)
Long SPXLong SPX at 4390
TP at 4600
SL (Not set in stone but a close below 4375 and I will walk away from this trade)
We have seen some bullish movement in SPX in the last few days as it has broken the downward trending channel. Yesterday, we saw a dive back to the 4390 lvl where I have entered this trade. The downward trending channel will now act as a support as well as the 4375 fibbo support level and I don't expect to see it close below this level.
Good luck - shout if you have any Q's :)
SPX Long Zone ApproachAfter looking at the SPX various times and taking note of the current risk sentiment in the market, its likely you waited for a fall after we looked at the potential room to drop to.
We are now approaching some key TECH areas and long zones to take and scale in to the market.
Remember, equities can have hard PB's. For this reason it is wise to Proportionate your longs and not over-expose. Long Zone identified is more feasible for those holding Trades longer term.
Bat Almost Complete SPX SPX - HTF bat almost complete in strong demand zone, will be looking for reversals on NAS/DOW when this completes, price is currently sitting at last small demand zone until the main zone, if this zone breaks we should get a clean fall to the demand and a nice reversal!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
SXP500 Index: let's try to buy with a profit.Today we are here to talk about the SXP500 index.
Today: The index is trading at 43 93. In the last trading session, we saw a price correction to the zone below 4415 and this is a little lower, I spoke about this earlier, here is a link to the idea.
What's on the market now:
The market is in sideways movement and has come to a critical point. Yesterday the market formed a local peak at the price of 45 13. Globally, the market is sandwiched between 2 levels - 1) 47 50 and 2) 37 80. Moreover, the market is likely to move to the level of 45 80, and we need to take this into account.
What are we waiting for today:
Today we are waiting for price stabilization, and movement to 44 50 and above. However, the probability of price movement to the level of 44 30 remains.
What I recommend:
If you want to open short:
It is better not to open a short position, a sharp upward price movement is possible.
If you want to buy:
Long positions are possible below 44 15. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, please contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time!
SXP500 Index: Down one step.Today we are here to talk about the SXP500 index.
Today:
The index is trading at 4459. In the last trading session, we saw the price rise to the level of 44 85, which I mentioned earlier here is a link to the idea.
What's on the market now:
The market is in lateral movement. Yesterday it formed a local peak at the price of 44 85.
What are we waiting for today:
Today we are waiting for the market to stabilize and move to the level of 44 15. However, there is still a possibility of the price moving to the level of 45 35.
What I recommend:
If you want to open short:
It's too late to open short positions. This should have been done yesterday at 44 85 and above.
If you want to buy:
Long positions are possible below 44 15. Limit your losses to the last low.
If you want to ask a question about an idea:
If you would like to get more info, please do not hesitate to contact me in the comments below.
And please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also take a look at my profile where you will find the full history of trading every day on the SPX 500. Contact me in 1 or 2 days for further trading advice.
Don't forget to subscribe to my channel.
I post SPX 500 analytics every day, so check back tomorrow!
See you next time!
BUY SPX500USD Good morning traders ! Today we woke up on a signal to buy SPX500USD, as you can see on the chart we had a high volume spring box ( as I call it in my method ) which is an enough signal to buy, then we got a confirmation to buy when the price broke the channel with a high vloume candle. Buy it now and take as much as you can from the market.
SL and TP place them on your own !
SPX Trading TodayIt is important to take note of the indecision and slight downside bias that is retained in the market.
This is the reason for the fall and stall and it is why you should give caution to longs you are taking. We are at Key support levels + Tech confluence, but we are also wary of where to market may fall to based and price action rules.
Trade Lightly at the current and below long zone(s).