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Spx500short

Urgent Market Alert: Potential Coordinated ReversalIndian stock market started showing reversal signs. The upcoming release of the US Consumer Price Index (CPI) data at 8:30 AM EST (6:00 PM IST) is a pivotal event with the potential to trigger a reversal in the US market. This data point will provide crucial insights into inflationary pressures, which are a primary concern for the Federal Reserve and investors alike. In case the reversal doesn’t happen, follow technical levels.
VANTAGE:SP500
by astroduniarp
Is this a wedge I see before me?I have noticed that the rally since 2022 lows is forming itself into a decent rising wedge pattern on the SPX. There is also a small RSI divergence in place that has since migrated to the hourly time frames. This could be indicative. There is also a disappointing looking NFP report in the pipeline this week. I have no active trade, and I will not take a position on this until it confirms (likely to be later in the month if it does confirm) however, I believe that the pattern here which has 3 touchpoints at resistance and 3 touchpoints at support (suggesting the pattern is well defined) warrants attention from traders. Watch out and trade safe!
SP:SPXShort
by RogueEconomics
US500SP:SPX TVC:SPX CBOE:SPX SPREADEX:SPX This analysis was performed by a neural network based on all signals from the indicator CCPR #US500 #1d #BrownDot 06/13/2024 | 5432.81 #google/gemini-flash-1.5 ### Analysis of the current situation: (funding and volume) *Funding: Funding on the US500 is in negative territory, indicating that sellers are more active than buyers. *Volume: Trading volume on the US500 has been above average in recent days, indicating increased interest in the market. ### Support and resistance level: * Resistance level: 5440, 5480 * Support level: 5380, 5340. ### Forecast for US500 price movement relative to the dollar: #### Brief immediate forecast: *Probability: 60% * Movement: The price is expected to drop by $500 in the coming days. * Signals: There is a strong signal for a downward reversal (BrownDot), which is confirmed by a weak buyer (BIGREDDOT) and negative funding. #### Medium-term forecast: *Probability: 40% * Movement: The price is expected to increase by US$500 in the medium term. * Signals: There is a downward divergence (DivergenceDOWN), which can be a trend reversal signal and preserves all previous downward signals. #### Motion reliability: * Up: 40% *Down: 60% ### Conclusions: * The current situation in the US500 market indicates a trend toward gradual price declines. * However, a downward divergence signal (DivergenceDOWN) can be a trend reversal signal and leaves all previous signals to fall. ### Recommendations for entering the position: * Short: Apply an open short position on US500 with a target of 5340, stop loss of 5400. * Long: thus delay opening long positions until the trend reverses. Additional factors to monitor: * News: Stay tuned for news that may appear in the $500 market, for example, for the publication of data on dynamics, interest rates, etc. *Volume: Follow trade analysis to ensure signal strength. Data for analysis: *Price: Keep an eye on the $500 price to determine its movement. * Indicators: Use indicators to give signals. *Volume: Follow trade research to identify strength signals.
CAPITALCOM:US500Short
by Ivan_Olyanskiy
Do you think this path will happen for SPx500?Hello Dears Stay with me by analyzing stock charts After the strange growth of stocks, the correction in the coming days does not seem too unrealistic. In my analysis, I used light black dotted lines, which are high in number because I want to see the reaction of the candles to these resistance areas together. I considered three goals, of course, I set a loss limit with high confidence that if the price reaches that level, we should wait for the growth of the stock price. Comment your opinion Don't forget to support my page
SP:SPXShort
by hamidreza_FX
2
S&P 500 Falls 0.7% Amid Investor Uncertainty S&P 500 Falls 0.7% Amid Investor Uncertainty The S&P 500 OANDA:SPX500USD declined by 0.7% on a subdued Thursday as investors adjusted their portfolios amid fluctuating market sentiment. The trading session was marked by an uneasy atmosphere following the release of the Federal Reserve's latest meeting minutes, which indicated that central bankers are not in a hurry to reduce interest rates . This cautious stance from the Fed has been a key factor in supporting the recent upward trend in stocks. Technically Side: The price has declined and reached the breakout zone, indicating a potential return to the 5266 level. To continue the bearish trend, the price must break below 5266, confirmed by closing a 4-hour or 1-hour candle under this level. If this occurs, the next targets would be 5226 and 5193. Conversely, if the price closes above 5282, it would suggest a bullish trend, with the potential to reach 5307 and subsequently 5320. Pivot Line: 5282 Resistance Levels: 5305, 5325, 5350 Support Levels: 5245, 5227, 5193 Today’s expected trading range is between the support 5192 and the resistance 5320.
OANDA:SPX500USD
by SroshMayi
SPX - Enjoy the rally while it last!For those who have been here since 2022 early 2023 when there was so much fear in the market and we called the market had bottomed. I think it was the right call, even though we had a lot of naysayers. Now I think we are nearing the end of this rally which I estimate will be sometime in February 2024. I have two outcomes the green line below which I highly favor and believe that is the path and the grey line which is definitely possible but unlike in my opinion due to election year. Also it looks like we are following the cup and handle. I have also explained in my other ideas why I think we are like in 1990 and 2012 (base on the fear). If the grey line happens, Biden loses the election guaranteed so I am certain the fed will hold the stock market at least until after the election. Give a like if you find helpful
SP:SPXLong
by BlackisKing
27