Spx500short
SPX500 / US500 Bank Money Heist Plan On Bullish SideBonjour My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist SPX500 / US500 Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 30m timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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S&p 5400 coming Ai bubble popping as we speak 9/5 2024 NVDA books reflect sales to companies that now are under scrutiny geopolitics hot oil choppy avgo missed earnings rate cut drama the cooks at the BLS continue to chef it up with wild swings in reports and revisions all with the last US election in the rear view mirror
SPX forming a top?US500 - 24h expiry
Levels above 5630 continue to attract sellers.
The 161.8% Fibonacci extension is located at 5544 from 5650 to 5585.
Bespoke support is located at 5540.
Selling spikes offers good risk/reward.
Economic figures could adversley affect the short term technical picture.
We look to Sell at 5630 (stop at 5665)
Our profit targets will be 5540 and 5470
Resistance: 5630 / 5650 / 5680
Support: 5545 / 5540 / 5470
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.
S&P 500 Index (SPX) Analysis: Key Levels and Expectations.SP:SPX My Take:
Looking at the 4-hour chart of the S&P 500 Index, it's clear that we're approaching a critical juncture. The price recently rallied up to the $5,630 - $5,655 resistance zone, which has been a significant barrier in the past. However, this level has proven to be tough for the bulls to break through, and we're now seeing signs of potential exhaustion.
Key Levels:
Resistance:
$5,620 - $5,630: This is the zone where the price is currently facing resistance. It’s a crucial area to watch because a failure to break above it could result in a pullback.
Support:
$5,480 - $5,440: If we see a rejection from the current resistance, I'm expecting the price to retrace towards this support zone. This area has acted as a strong floor in the past, and it's likely where buyers might step in again.
Trendline Support:
The upward trendline, originating from the lows earlier this year, is still intact. This trendline could provide additional support around the $5,280 level if the price breaks through the aforementioned support zone.
Expectations:
Pullback Potential:
Given the current price action, I wouldn’t be surprised to see a pullback from this resistance zone. The first area I'll be watching for potential support is the $5,480 - $5,440 zone. A break below this could bring us down to test the trendline around $5,280.
Continuation of the Uptrend:
If the bulls manage to push through the $5,620 - $5,630 resistance zone, we could see a continuation of the uptrend with a possible target towards $5,700 and beyond. But for now, I’m leaning towards the possibility of a short-term pullback before any further upside.
Food for Thoughts:
Right now, I’m closely watching how the price reacts around this resistance zone. A pullback could offer a good buying opportunity, especially if it holds above the $5,480 - $5,440 support area. On the other hand, a strong breakout above $5,630 would signal that the bulls are in control and could push the market to new highs.
Stay tuned for more updates as the situation develops! Happy Trading from Deno Trading!
Is this a SELL SIGNAL for S&P 500 this week???Technical speaking, we have predicted that last week, the s&p 500 might started to rebound, since we've seen three to four bearish candles before trend reversal in the past pullbacks, and last week was the forth candle of this pullback. And it just moved as we've predicted.
And for now, the price is still rebounding from overall bearish market. So this week, we might pay close attention to the ending signal of this rebound, for example, the price be rejected by the resistance of previous low.
Key macroeconomic dates include the U.S. releasing the July PPI on August 13, the July CPI on August 14, and the so-called "dreaded" July retail sales data on August 15.
Also, Japan will release its Q2 GDP, likely stirring the pot again with yen carry trades.
In political news, the latest Financial Times poll shows Harris with a 1% lead over Trump in the presidential race.
I think from economic reports to the election, all could drive more volatility in U.S. stocks. Investors should keep a close eye on market movements and manage their risks accordingly.
Will the Stock Market Crash Continue? My Trading ideasOn the macro level, the Bank of Japan says it won't raise rates when the market's unstable, which helped calm the market this morning.
But rising tensions in the Middle East are making investors nervous.
I think in these shaky times, it's smart to spread out your investments and focus on safer bets like healthcare, consumer goods, and utilities.
You might also consider using options to protect against short-term losses.
Now let's check s&p 500 from technical aspect.
The price is moving in an overall bearish market, but recently, it be supported by previous high volume candle area.
Now the point we may need to pay attention is the yesterday's bearish engulfing pattern, since the price started to drop after this pattern of previous callback. Therefore, the price may continue to go bearish later.
And traders who are interested in short trading, like me, may be a good timing to watch now.
SPX500 to continue in the downward move?US500 - 24H expiry
Traded to the lowest level in 12 weeks.
We have a 78.6% Fibonacci pullback level of 5136 from 4930 to 5680.
There is no clear indication that the downward move is coming to an end.
The sequence for trading is lower lows and highs.
We look to set shorts at our bespoke indicator level (5273).
We look to Sell at 5273 (stop at 5321)
Our profit targets will be 5150 and 5136
Resistance: 5273 / 5338 / 5404
Support: 5175 / 5136 / 5091
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.
Eyeing the Key 0.618 Fibonacci Level Amid Rising Wedge BreakdownCurrent Price Action:
- The S&P 500 is currently trading around 5,346.55, having experienced a recent pullback.
- A significant decline of about 13.51% from the recent highs is indicated, bringing the index to around 4,703.08, which aligns with the 0.618 Fibonacci retracement level.
Fibonacci Retracement:
- The 0.618 Fibonacci level at approximately 4,703.08 is a critical area to watch. This level is typically considered a strong support zone in technical analysis, and a bounce from this level could be anticipated if buyers step in.
Rising Wedge Pattern:
- A rising wedge pattern has been identified, which is generally a bearish signal. This pattern suggests that the recent uptrend might be losing momentum and could lead to a significant price correction.
- The break below the lower trendline of the rising wedge confirms the bearish outlook, supporting the expectation that the price might head toward the 0.618 Fibonacci retracement level.
Support and Resistance Levels:
- Immediate support is seen at the 0.5 Fibonacci level around 4,887.58.
- The major support level to watch is the 0.618 Fibonacci retracement at 4,703.08.
- On the resistance side, the recent high near 5,669.34 acts as a critical resistance level. If the index manages to reverse and break above this level, it could invalidate the bearish scenario.
Technical Indicators:
- The moving averages are currently showing a downward slope, indicating bearish momentum.
- The EMA ribbons (colored bands) are compressing, suggesting a potential shift in trend.
Conclusion:
- Given the break of the rising wedge pattern and the target of the 0.618 Fibonacci retracement, the outlook for the S&P 500 appears bearish in the short term.
- Traders should watch for a potential bounce at the 0.618 level around 4,703.08, as it might serve as a strong support area.
- If the index fails to hold this level, further downside towards the 4,440 region could be expected.
U.S. Stocks' foreseeable goalsThe most important index for the reflection of the American Stocks market is the SP:SPX , so let's start with it. Unfortunately, now the chart of this index is not rich in models, so the current logic of movements in our opinion is described by the EXP model from July 30 on the daily timeframe👇
As long as the price is below the 4-point level (5 390.95), the target levels are 100% (5 125.93) and 200% (4 873.94). In case the price returns above the level of 4 point and goes beyond the trend line, there will be a second attempt to reach the target resistance level of 5 582.31 - the formally reached target of the impulse of August 1. It is necessary to mention that this pattern, despite being on the daily timeframe - is weak.
In addition, let's look at a chart of the NASDAQ:NDX - this index includes the 100 largest non-financial companies traded on the Nasdaq exchange, primarily technology stocks.
Consideration of this index is additionally interesting because most institutional managers consider BINANCE:BTCUSDT to be in the technology sector, so NASDAQ:NDX and BINANCE:BTCUSDT is often correlated.
First, let's look at the AMEXP model that formed in mid-March 2023 on the weekly timeframe and described the entire uptrend within the 2023-2024 period on this index👇
In this model we are primarily interested in the level of HP (18 289.68), currently acting as an extreme support on the weekly timeframe, and if the price can consolidate under this level, the next support will be the level of 100% (15 891.73).
More locally, on the daily timeframe, the current movement is described by the EXP model from July 24, where the price has already reached the first target level of 100% (18 355.48)👇
It is very interesting that now on NASDAQ:NDX the price has settled in the zone of 18 355.45-18 289.68 formed by 100% and HP levels and if we don't see a rebound soon and the price tries to consolidate under this zone, the next target level will be 17 296.42.
By the way, we do not exclude that the movement towards 17,296.42 will be accompanied by an attempt of CME:BTC1! to close the CME GEP at the level of $57,805👇