Spx500long
US 500 complete waves on daily and weaklymessy chart but a nice one to study the current structure of the mrket if you are looking at the waves!
SPX500 UPDATE with S/H/S-InverseHey tradomaniacs,
SPX500 is creating an S/H/S-Inverse-Pattern 👉
A break above the Neck-Zone could cause a clean bullish momentum as price is currently under a significant resistance-zone.
A trigger of stop-losses could attract more buyers to take action.
More risk-on-sentiment in the market would be awesome for our trades.
As you know, I can`t give you exact data for a trade as price varies from broker to broker❗️🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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SPX500 could MOVE UP soon!#UpdateHey tradomaniacs,
SPX500 aswell as other Indicies had a rough start into the day and we finally see some healthy retracements❗️
Looking at SPX500 you can see that price is re-testing a very interesting zone of a potential reversal 👉
Considering how weak the Forexmarket reacts to the global sell-off I really doubt that we are going to see a continuation of the current move, unless fundamentals by Powell will cause more uncertainy.
If SPX500 moves up from here we might see trend-continuations in the Forexmarket and strong pumps.
Let`s see what the Wallstreet is going to do.👌
S&P 500 Long PositionS&P 500 Long Position
🔵 Entry: $3,886.0
🟢 TP & RR: $3,929.1 (2.44)
⛔ Stop Loss: $3,868.3
REASONS FOR THE TRADE
✔️ Market Flow Green
✔️ Higher low on lower time frame
📝 I am expecting a small retracement upwards before price continues to go down. The second order I am looking to open is for a short at the $3,914.0 level.
SPX500 could move UP! Hey tradomaniacs,
Looking at SPX500 we can see a good rally after the expected fakeout#5 from yesterday 👉
As you can see we are currently re-testing the previous trendline of the entire weird and volatile correction.
If this level holds market could continue with its previous breakout and start a new rally!
If not.. SHORT IT ;-D
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
SPX - The Market in 3D - Long View ResistanceBig Tech is taking a snooze - Opex - Vix rolling off - going to need AAPL - AMZN - TSLA for 4000?
S&P500 Long SetupSPX500 Long Setup
🔵 Entry: $3,911.9
🟢 TP & RR: $3,954.0 (2.48)
⛔ Stop Loss: $3,894.9
REASONS FOR THE TRADE
✔️ Market Flow Indicator went green
✔️ Trade in direction of the trend
📝 Not much to analyse here aside that it's a trade based on my system. With that being said the price may drop down to the support level, where I will be looking to open a long order again.
SP500 & Channel.As you can see on these charts-the price is once again beating the channel resistance (purple dotted line). Perhaps the price will have to adjust to the level of $1950, equal to the Fibonacci correction of 0.618%. There is another more positive and desirable scenario for everyone - if there is very good news, the price will be able to gain a foothold above the purple line and go even higher-up to the pink dotted line.
CAN JEROME POWELL push stocks again?I expect jerome Powell du come up with mire fiscal stimulus due to worse NFP`s and important CORE CPI... SPX500 should go up if so!
SPX500 BUY SETUP!Hey tradomaniacs,
As you know I can`t give any exact data as explained in the past but here is eventually a great chance to buy SPX500 👉
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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S&P 500 Index (8H) / Elliott Wave Update / Tricky S&PAs a reminder, there is not overlap between green submicro W2 & W4 on the cash index which is the one that matters. There is no alternation as both structures are truncated ZZs (!). Remember that a guideline is NOT a rule. And yes, counting waves on the indices has been (very) tricky.
Please like and share if you appreciate this market update.
We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes.
Cryptos are updated every day of the week and on Saturday, if necessary.
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Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearih count in red.
S&P500 Long SetupSPX500 Long Setup
🔵 Entry: $3,868.7
🟢 TP & RR: $3,3936.1 (3.05)
⛔ Stop Loss: $3,846.6
REASONS FOR THE TRADE
✔️ Resistance turned into Support
✔️ Market Flow Indicator Oversold
📝 Stop Loss is a bit close, so feel free to adjust it. If we break down from that level I will be looking to open a short order.
SPX500 could MOVE UP again!Hey tradomaniacs,
SPX500 is re-testing a significant resistance-zone👉
A move above price-zone 3750 - 3760 could cause more bullish momentum as the previous move would turn out to be a fake.
Trend-Fan and strong-support-zone were holding showing a strong demand with high volatility, which is often a sign of reversal.
Watchout for potential volatility as reddet-group wallstreebets continues to push SILVER and stocks like TAAT.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!
CAN SPX500 break the KEY-Support-Zones?Hey tradomaniacs,
I will be very cautious today as the entire situation is a bit tricky.
Yesterdays statement by Jerome Powell has still been dovish, but kept its policy decision unchanged which could have been a dissapointment for those who expected more financial injections for the market.
Also important to note is that he ignored questions about asset-bubbles such as Bitcoin and Gamestop and said his business is to support the economy ignoring the fact that the FED has created one of the biggest bubbles in history.
The past has shown that this dishonesty causes uncertainy and so sell-offs in the stockmarket, which is boosting the US-Dollar
These moves can often reverse very quickly with upcoming news-flows as prices are getting cheaper and more attractive with these sell-offs, which is the reason why I hesitate to participate on these moves down by majors vs. USD.
Keep in mind that stimulus is still an important topic for the market and could quickly cause sudden euphoria.
For now I`m watching the stockmarket and want to see whether important key-support-zones can break or not 👉
If you don't know where you are, you don't know where you going.$spy 400\420c's for 3\19 and 4\16 (equal sized)
$qqq 330\350c's for 3\19 and 4\16 (equal sized)
SPX500 - distributionBefore the Chinese New Year.
I think we will go for a correction.
China is the engine of the global economy.
After the Chinese New Year I expect growth in all markets.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
Relentless S&P 500What to say about the relentless S&P, at the top of the market, there was a great absorption in the accumulation, causing the price of the asset in question to rise exponentially.
SPX500 could move UP now!Hey tradomaniacs,
SPX500 is currently re-testing the previous expanding triangle and could finish its retest soon.
Next impulse if confirmed could give us a great opportunity to buy this ridicoules rally.
We also use this corelation for our FX-Trading:
"Market is shaky as expected but not concerning to me as long as the FX-markets reaction is so weak to the current risk-off-mood.
Mondays are usually very bullish during the US-Session and SPX500 is currently in a retest-phase of the previous breakout 👉
DXY (US-DOLLAR-INDEX) is obviously gaining some strenght in a falling Stockmarket, but it all looks like a correction. US-DOLLAR is by the way very choppy today!"
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!
S&P 500 FUTURES 1D-TIMEFRAME ANALYSIS✨S&P 500 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the SPX500
My idea is that the index will go higher
T1
4500
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
SPX500 close to LongHi Traders,
This is our view on this cross for the next days.
#SPX500
BUY 3775
SL 3755
TP 3845
We remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if the rules of our strategy are strictly respected.
Any updates will be given in the comment section below.
