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Spx500short

Mini-Rally?Well, Last week, I was right - until I was wrong. Thanks to CRM and a Fed Chairman talking about "only a .25 rate hike", the market was behaving as forecasted.\ Why blame CRM? Not only did it manage to pull up on the DJI, it pulled up on the S&P (Since it is calculated into both averages). So, here we are - new week, new data and the data changed from last week.. What do things look like? The signal generated is bullish, the forecasts are the coming week is between: (4326 - 4113) with a mean of 4159. The 5 period Stochastic still isn't showing full upward commitment from the index. This can change this week. The 5 period value still places the index in a position of indecision. It is still unsure of what is it going to do. The 2 period Stochastic is suggesting it is going to challenge it's 2 period high of 4052. Not a difficult task since the close (4045) is so near to the high. It is in consolidation between: 4052 and 3928. We know that 4052 is going to be challenged, but the close of the week might return to between these values if a reason to stay above doesn't materialize. Have you seen the economic situation? When we are grabbing on any good news for a short term rally. I guess the market is hunting the good stuff. Monthly S/R Range is: 4195 - 3491. Close was above to 8 period moving average. So prices are at a premium to the 8 week average - a bullish indication of things to come. Yet still at a discount to the 5 week (~1 month) average. I am still bearish - Need a monthly close above 4195 to change my mind. However - I am not immune to playing a mini-rally for fun and profits. If you are playing inverse ETFs, you may get stopped out this week. Yet, don't give up on the bear. The signs that it has left the market have not appeared yet. The FED speaks in a couple of weeks. Depending on what is said can break the consolidation. Then we go 2 months without hearing from the FED. Stay frosty! Keep your stops in place. This is going to be an interesting, if not wild week. -PriceProphet
SP:SPX
by priceprophet
SPX to find resistance at previous levels?US500 - Intraday - We look to Sell at 4014 (stop at 4034) Posted a Bullish Hammer Bottom on the Daily chart. Buying posted in Asia. Bespoke resistance is located at 4014. The previous swing high is located at 4018. A bullish reverse Head and Shoulders is forming. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 3942 and 3940 Resistance: 1014 / 4018 / 4030 Support: 3966 / 3942 / 3925 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDShort
by OANDA
SPX: First Down Then UpIt looks like the SPX has topped out temporarily. This woudn't be too farfetched as the previous couple uptrends lasted for 34, 36, 21, 23, 40, and 33 days. Right now, we're looking at a top which has been formed after 28 days. From the looks of it, its trying to form a falling channel. The properties of this pattern are: - Declining parralel support and resistance lines - Price oscilating between the support and resistance lines - Bottom at an important support zone - Going sideways after hitting the bottom, preferibly with a daily bullish divergence I'm still bullish on the SPX for 2023, but for now i'm expecting a small correction.
SP:SPXShort
by FetchTeam
1
SPX short term trend has turned negative.US500 - Intraday - We look to Sell at 4091 (stop at 4127) Price action has posted a bearish Outside Day and is negative for short-term sentiment. An overnight negative theme in Equities has led to a lower open this morning. Bespoke support is located at 3997. Previous support, now becomes resistance at 4091. Bespoke resistance is located at 4091. Our profit targets will be 4001 and 3991 Resistance: 4091 / 4155 / 4174 Support: 4051 / 3996 / 3974 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDShort
by OANDA
2
SPX to stall at trend line resistance.US500 - Intraday - We look to Sell at 4151 (stop at 4186) Trading within a Corrective Channel formation. Trend line resistance is located at 4154. Bespoke resistance is located at 4151. Preferred trade is to sell into rallies. The medium term bias is neutral. Our profit targets will be 4074 and 4041 Resistance: 4151 / 4154 / 4194 Support: 4074 / 4041 / 3979 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDShort
by OANDA
S&P500 Trading Ideas Ahead of the Fed 0.25 Rate HikeThe S&P500 is looking bearish ahead of the much awaited Fed Interest Rate decision later today. Sellers looks to be in control in anticipation for the rise in the USDX value. On the daily chart, MACD shows slightly overbought signs. Selling opportunities exist at the current price 4055 with tight stop loses around 4076. Should the USDX surge later today. The S&P500 may retrace to the 4025 mark, touching the trendline as indicated by the arrow. On the flip side should the USDX break below the 101.4 - which is unlikely - the buyers will be taking control once more.
VANTAGE:SP500Short
by ciryjuma008
SPX SHORT 2/1/2023DOA -Killzone Time: 8:30 AM -Session: London/New York -Time of Execution: 8:55 AM -Date: 2/1/2023 -Day of Week: Wednesday Morning Entry -POI: CHOCH 1Min -Risk to Reward: 1:5 -SL: 2.8 pts 28pips -TP: 10 pts 100pips -Position: Sell By Market Moral -ICT 2022 Mentorship Model -Opening Bell Liquidity Sweep -15min chart setup -Liquidity Swept, MSS Results -Target Reached -Price respected concept with SSLS & MSS -100pips secured Lesson -GREAT JOB!!! -Keep it up!!! -Way to be patient
OANDA:SPX500USDShort
by officialbocaintommy
SPX is getting close to it's target boxThis was the title of the last update, which got deleted by the tradingview: "SPX can still make a higher high next week - Jan 19th update" I cannot attach the image but will post it another place, look for info under my bio Since I get banned not even mentioning a site, I will post here only 1-3 times a week. I don't want to waste my time on bringing business to this site. SPX is near its completion move for the C wave up I have had for over than a week now. Targets are at 4065, 4090 and 4110 We close near the first one; tomorrow is the PCE numbers report, which should move the markets. But today, we didn't move on GDP numbers, when before, it was selling off on hot numbers. So the real move might not come till actually the Fed meeting on the 1st. We had a wall into the close, which is a bearish signal and usually ends up with a gap down the next day. As long as we won't exceed Dec high, I'm looking for a move down to 3700 handle if not more. Watch that yellow trendline, it's been a bear-bull line since 2009, and the price is still below it! Night
SP:SPX
by RealTima
5
Time For Bears To Feast? $SPY Heading to $385 By Feb. 10th.It seems like it's following the same pattern as the past two rallies. If you look closely, each time it rallied, the volume was declining and same is happening with the current rally as well. The first rally hit the bottom trendline in 36 days, the second rally hit the bottom trendline in 18 days (in exactly half the amount of days it took the first one to touch the trendline) and if the algos are following similar pattern we should see $385 by second week of Feb. Close above $405 invalidates this probability for me.
AMEX:SPYShort
by ritubpant
Continue...The increase in rates will begin to realize itself closer to March. FRS does everything right. Taking into account the Fed's policy for 2023, macroeconomic factors and banking policy, 2023 can easily become the year of the red candle or the continuation of the downtrend. Let's now go deeper into the economy and see what is happening in it now. We all know that the credit policy of the USA and the EU for individuals. the price is very profitable. Interest rates were very low, and housing loans were even negative. All this led to individuals grow lending themselves to the ceiling of their salaries. Not the way I teach you – to calculate only from net income – namely from a salary on paper. Due to the increase in interest rates, % on loans begin to grow and payments from individuals grow with them. All this, at a distance, will lead to the fact that many people will have to start selling their property in order to pay off their debts to banks.
SP:SPXShort
by Bull_Short_TG
1