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Spx500short

ES(SPX)Bulltrap? may fall 30% to 3400 if H&S neck@4128 is lostMy thesis: The pandemic drop was 35%. The sentiment now is even more bearish. So I use that drop as a fractal to guide me where SPX may react at certain critical levels going forward. BEARISH CASE: I super-impose the pandemic top onto the recent wave b turning top at 4640. SPX fell but bounced from 3800 but was rejected by 4200 with the oversold RSI already turning down. 4200 is approximately where the weekly ema10 & the violet VWAP from 4640 top is located. It means the average price of those who bought at 4640 is still at a loss. SPX is also rejected by the base of the Ichimuko cloud. The reason I said this may be just a bulltrap is because 4128 is the neckline of the H&S pattern from 4808 ATH. SPX many times overshoots previous highs, trapping buyers before turning down. 4200 technically is still inside the zone where SPX may be rejected by the neck. If the 4200 to 4000 zone does not hold in the next few days, then the measured move of H&S may play out pulling SPX down to 3400(a 30% drop from ATH). Other strong supports are 3500 (27%drop to 0.50 Fib retracement from pandemic low to ATH & also approximately WMA200). 3200 is a 34% drop to 0.618 Fib. (Remember the pandemic fractal is also a 35% drop).The downtrend continues & 3800 may not hold this time. BULLISH CASE: there may be some consolidation in the next few weeks within the 4200 to 4000 zone before SPX gains strength to BO above the 24Jan first low @4212. This also is a BO above the falling wedge. Price action may follow the fractal to break a new high in early 2023 reaching the 5200 to 5250 red zone. (A 1.618 Fib of the H&S height). Not trading advice
CME_MINI:ES1!
by xtremerider8
SPX US STOCK MARKET CRASHPoliticians, Illuminatii love crisis. In fact, they are the ones creating the crisis like wars, health pandemic, ..... Financial Crisis like 2008 was one of their favourite. The sign were here: - Stock market overheated. - Real estate and housing bubble - Crypto bubble. As much as I love to see Bitcoin detach from Stock market however, all of shitcoins, NFTs hype have to go to their true value: 0. People may pick up Bitcoin from the ash of the another financial burn like 2008.
SP:SPXShort
by Hai10Year
1
SPX Planned Formation Update 5/23/22Right now we are experiencing the early stages of a big breakdown on the SPX I say this based on the formation provided, which has even been produced on a smaller scale for observation on the SPX chart A break down like this will be disastrous, but not the end of the world The formation provides bottom points along the dot come bubble, 08 crisis and what is yet to come. The Aptiv chart shows also a great representation of this within the Fibonacci circle, with a big extension (similar to that on SPX) leading to big downfalls to complete the broadening wedge pattern I have made charts of this in the past please check them out Above is the smaller formation VS the larger formation we can see on the Monthly timeframe Above is the original post
TVC:SPXShort
by Bixley
1
SPX 500 index: Local peak is close. Today we're here to talk about the SPX 500 index What's on the market now: The index is trading at 40 88. And in the last trading session we saw a move to 41 00 which I mentioned earlier, here's a link to the idea. Today we are waiting: Today we are waiting for a movement to the level 41 25, but before that the market can still visit the level 39 60 What I recommend: If you want to go short: I recommend you go short above 4125, limit your losses. If you want to buy: Long positions are possible from below 3960, limit your losses. If you are not in the market: You need to wait for the next bottom or peak. You can go short above 4125 or buy below 3960. Like and subscribe, thanks! Also remember to contact me in 1 or 2 days for further trading advice. See you next time!
SP:SPXShort
by kvatoo_FX
SPX500 likely to continue sell-offHey tradomaniacs, SPX500 is about to re-test a very important resistance-zone which can provide bearish confluence and so another sell-off. So far fundamentals are still pretty hawkish which should not be good for equities, especially since Jerome admitted it might be painfull to "softland" the economy. However, previous upmoves were probably just a result of an oversold market as the volume has been very thin and moment not very convincing. Good hance to short soon imo! What do yu think?
FX:SPX500Short
by Trading2ez
2
SPX 500 index: Is the market ready to show us 4100Today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 40 08. And in the last trading session, we have a flat correction. Today we wait: If yesterday's flat correction ends. And today we can expect the market to move to the level of 41 05. But if the market continues yesterday's correction, then we expect its bottom at the level of 39 30. What I recommend: If you want to open short: I recommend that you go short above 4100. If you want to avoid risk, shorting above 4145 seems to me the safest. If you want to buy: Long positions are possible from the 3930 level, limit your losses. If you outside the market: You can sell above 4100 or wait until the market bottoms out at 3820-3780 and buy there. Like and subscribe, thanks! Also remember to contact me in 1 or 2 days for further trading advice. See you next time!
SP:SPXShort
by kvatoo_FX
SXP 500 index: Will there be stabilization by 4030 today?Today we are here to talk about the SXP 500 index. Today: The index is trading at 3930. In the last trading session, we saw a new bottom of the market at 3858. Since there is no profit taking in the market for players, this tells me that the stop of this fall will be at the level of 3820 - 3740. What's on the market now: Globally, the index goes to the level of 38 20 - 37 40 What are we waiting for today: An attempt to stabilize the price to 40 35 and the entry of new players into the market, and then the continuation of the price movement to the level of 3820 - 37 40 What I recommend: If you want to go short: It is better to open short positions from the level of 40 35, limit your losses. If you want to buy: Long positions are possible below 3820 - 3740, limit your losses. If you outside the market: You can sell from 4050 or wait until the market bottoms around 3820-3740. If you want to ask a question about an idea: If you would like more information, please contact me in the comments below. Also take a look at my profile for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice. Like and subscribe, thanks! See you next time.
SP:SPXLong
by kvatoo_FX
6
SXP 500 index: 3850 - 3780 May bottomToday we are here to talk about the SXP 500 index. Today: The index is trading at 3935. The market went down sharply in the last trading session. Since there is no profit fixation in the market for players, this tells me that the stop of this fall will be at the level of 38 00 - 37 80 What's on the market now: Globally, the index goes to 3850, which I mentioned earlier, but since the movement occurs with a small rollback, I expect an acceleration of the fall and a market bottom in the region of 38 00 - 37 80 What are we waiting for today: Continuation of movement to the level of 3850 - 3780 What I recommend: If you want to go short: It is better to open short positions from the level of 4000, limit your losses. If you want to buy: Long positions are possible below 3850 - 3780, limit your losses. If you outside the market: You can sell from 4000 or wait until the market bottoms around 3850-3780. If you want to ask a question about an idea: If you'd like more information, 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 for a full SPX 500 daily trading history. Contact me in 1 or 2 days for further trading advice. Like and subscribe, thanks! See you next time.
SP:SPXShort
by kvatoo_FX
6