SPX S&P500 possible selloff? Bearish signalsI look at the indicators on both higher and lower timeframes (2hours respectively the daily timeframe) and i see strong sell signals doubled by both indicators.
It`s hard to predict the S&P, but it looks like a bearish continuation for the time being.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Spx500long
SP ABOUT TO GO PARABOLIC TO 3311 (Elliot Wave THEORY)There is a seismic shift about to happen. The news cycle is about to get very intense with covid and the election. Should you take my advice?? I'm only following the chart and filtering out the noise. There are peak bubble signs everywhere you can look. All time charts are at or near peak resistance for most global markets (Germany, Japan, USA...). I leave the decision to you, these are just my observations.
SP500 with very little noise gave a MASSIVE BUY SIGNAL by registering a new ALL TIME CLOSING HIGH by all of 5 points on Friday. It has bounced off support. The DOW has not yet its yellow line support, and the NASDAQ has bounced off already. It is yet to be seen if the DOW will also be able to bounce off support, or fail completely. Elliott wave Theory has SPY 381 tagged as the next target, and it would also be the target for the culmination of a 3 wave super cycle dating back to 1993. Dot com peak wave 1, 2008 low wave 2, 2020 Covid peak wave 3.
THEY WILL CRUSH VIX TO BRING IN ALL THE SIDELINE MONEY WHO THINK IT WILL BE SAFE TO ENTER ONCE THE FEBRUARY GAP CLOSES. INTENSE FOMO AS WE SMASH ANOTHER ALL TIME HIGH. MARKETS CRASH WHEN EVERY BEAR BECOMES A BULL, AND AAII SENTIMENT REACHES FULL BULLISHNESS.
Lockdowns will potentially come to trigger the peak sell off at SPY 381. They use the headline as an excuse to trigger the sell or buy around a technical level. But you knew that, right?
NASDAQ100 drops WHILE SPX500 goes up? Here is WHY!Hey tradomaniacs,
the current sell-off in NASDAQ100 and climb indicies such as SPX500 can be a bit confusing.
The pump is basically caused by news from Pfizer (PFE) and Biontech (BTNX) saying that the vaccine is 90% effective in combating COVID-19!
It`s kinda hard to evaluate the situation now as NASDAQ100 drops while growth-stocks go up.
This is kinda tricky for the US-DOLLAR which is very volatile for now.
FAANG-Stocks are suffering by the outlook t hat Corona is done with an upcoming vaccine.
Why is that?
Because FAANG -Stocks ( Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX); and Alphabet (GOOG) had their benefits from Corona as everyone was stuck at home, means people order a lot, watch Netflix and check social-medias.
Last week Jeff Bezos has sold is own Amazon-Stocks aswell so there might be more potential to the downside.
The TEC-HYPE could be over as prices are partially way too high.
❗️BE CAREFULL trading now as cashflow can be very chaotic❗️
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
SP500 (Y20.P4.E2)Macro.Bullish channelHi All,
From a monthly perspective, all looks bullish.
On the daily, there is a 2 scenarios, both are bullish:
a) a breakout to the upside from here and
b) more ranging movement in this area, chart below before breaking up to the upside. completing an elliot ABCDE symmetrical triangle of some sort.
Hence a medium macro bull flag or consolidation just under the main resistance.
Note: USD is more bearish tone than bullish in the short term. Chart below.
From a weekly perspective we have the following:
Daily chart, (a.chart)
Note: DXY, USD has pulled back recently which gives gains for stocks. Still in sync with my original post, link below
Please give me a like or tick for this posting;
Regards,
S.SAri
SPX Intraday Long Setup.US500 - Intraday - We bought at 3300 (stop at 3260)
A Doji style candle has been posted from the base.
Daily signals for sentiment are at oversold extremes.
This is positive for sentiment and the uptrend has potential to return.
Further upside is expected although we prefer to buy into dips close to the 3300 level.
Bullish divergence is expected to support prices.
Our profit targets will be 3415 and 3507
Resistance: 3400 / 3507 / 3588
Support: 3300 / 3210 / 3000
SPX500 BUY IDEA #DaytradeHey tradomaniacs,
welcome to a new free trading-setup.
This is meant to be a preparation for you. As always we will have to wait for a confirmation!
SPX500: Daytrade-Preparation
Notice:
Identified lots of buyers with the retest in market-depth but market overall very shaky!
Low risk and aggressive management or stay out! Market very tricky!
Waiting for more bullish confluence with the current retest.
Market-Buy: 3298,00
Stop-Loss: 3270,00
Target 1: 3327,00
Target 2: 3343,00
Target 3: 3365,00
Stop-Loss: 28 pips
Risk: 0,5% - 1%
Risk-Reward: 2,35
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. :-)
SP500 will dump again? What the next position?Hi everyone!
We have a lot of panic sales for each market for the last few days. As you know US market growth lasts 10 years, and of course, in one day we will open great short positions, but not today!
Is it really a very cute thing, when people can try to open short positions in a growing market. Technical analysis it's great, but needs to take into consideration fundamental parameters also.
For the last few month, I am closed few profit positions, and base on my historical winrate for the SP500 I will have a few more. So the best position now it's waiting :) I don't' have any position for the SP500 market.
What we are wait for?
We are waiting for a few scenarios.
If we will see close 1D above 3415.4, we are ready to go with a long position.
If we will see close 1D below 3226.3, we need to wait again and take a look at the fundamental parameters, because it's maybe a good position for short.
Emotions in this situation are very bad. Don't try to catch all small moves (save your money), we will most likely see consolidation in the near future (1-2 weeks). Our task is to be in the right direction at the right time. And the best situation if your strategy will say you this!
Please, let me know what do you think, and if you are interested in the next position for SP500, just follow me and I will update this idea.
Spx500 Break and retest entryS&P looking like its making a morning star at the 61.8% on the Fibonacci and the retest zone. Going to target the previous high.
SPX wave (5) bullish Though no updates on the current wave count, the S&P corrective wave (4) with support levels at 3464 and 3413 setting up for an increase into wave (5). Focus is on one remaining push into 3600-3700 level wave 5 fib/upside zone. Expect this terminal rally into our final resistance zone into Nov-Dec. The daily count shows an impulsive 5 waves targeting larger degree wave (5)
SPX500 Long SetupPrice will come into this area and find support as it will be a 15min HL and a double bottom on the 5 min at a previous HL. Easy pips you enter here
SPX Intraday Long Setup.US500 - Intraday - We look to Buy at 3440 (stop at 3418)
Trading within a Corrective Channel formation.
Prices have reacted from 3420.
Our expectation now is for this swing higher to continue towards the top of the trend channel, to complete a correction before sellers return.
Further upside is expected although we prefer to buy into dips close to the 3440 level.
Uptrend support is located at 3430.
Our profit targets will be 3497 and 3535
Resistance: 3507 / 3588 / 3690
Support: 3443 / 3400 / 3354
SPX Stonks "only go up"Spx at key levels and the economy is extremely shaken, we need to see some positive talks about stimulus and covid 19 has to slow down. The elections are almost at our door step and my prediction is business as usual until the election, stonks will go up until further notice.
Good luck!
Next stop $3580.
SPX Setup Rebound to 3500 area.US500 - Short term - We look to Buy a break of 3469 (stop at 3455)
We are trading at oversold extremes. Prices have reacted from 3442. Bespoke resistance is located at 3469. A break of 3469 is needed to confirm follow through bullish momentum. We have a 61.8% Fibonacci pullback level of 3509 from 3550 to 3442. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 3509 and 3520
Resistance: 3469 / 3496 / 3509
Support: 3465 / 3460 / 3455
SPX AND THE BIG SHORT To understand very we the recent violent movement in this market, we have to come back to the basics that's why i choose the Fibonacci to support our view with golden numbers, i based this analysis from the past important bullish trend ,now if you are already in a short position, you have to double up your position, the first target now is the level of 3465.1 and the second is 3366.5