Get started

Spx500short

SPX 3768.48 - 1.34 % SHORT IDEA * STRUCTURE & BREAKOUT Hello everyone hope everyone had a good week, Here's a look at the S&P 500 from the 4H chart. * The index has been trading in a ascending channel which saw a breakout of structure and a retest of the structure * This move could signal continuation with the bears should momentum continue with the bears * watching to see if structure holds and if it does that changes the plan, significant moves with the bears trigger the trade. * follow your entry rules on entries * significant moves with the bears change the plan. * TIGHT SL lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
SP:SPXShort
by PULEMokhothu
2
SPX is drawing a perfect reversal harmonicThis is a speculative chart at the moment because none of these patterns are complete. SPX is drawing an ascending broadening wedge and we can expect a break down. SPX is also drawing a bullish butterfly pattern (78.6% on B, 161+261% on D) at 3480. So we could expect a fall and a bounce on 3480, around the 200 days MA (nice coincidence). Secondly, a touch on 3480 would trigger a 5-0 pattern, with a dead cat bounce up to 3770, followed by another lower down leg (3000-3200). This bearish scenario is valid as long as SPX doesnt break above the 20 days MA. And i would not recommend a call as long as it's below the 20 dma, as this MA gives the right direction most of the time.
OANDA:SPX500USDShort
by SebastienYC_FR
1
SPX - It might be time to face it [Bearish scenario]Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. A bullish scenario is needed, as well as a bearish, this is a game of patience. Bullish scenario here: Master Key for zones Blue = Monthly Purple = weekly Orange = Daily Magenta = 8 Hour Grey = 4hour Pink = 1 hour Rolling returns method: SPX is in need of a correctional Rolling returns - historical data . Using the base model of 3 year rolling returns, the simplified explanation of the model shows a 41/50 years have returned a positive growth. As opposed to 6 years of negative returns. With 2020 closing out 16.26% return . *Note - the 6 years where the rolling return is negative - the dot com bubble only stood to lose 6.2%* Est. SPX is in need of a correctional move using the monthly time frame, ideally the monthly close will indicate an array of imbalance with large wicks providing an indicator of a battle with for example a hammer candle, shooting star, doji, or long bodied and legged wick. This will provide a great amount of support of accumulation before an impending distribution from the monthly imbalance. It's a game of probabilities. SPX Weekly Bearish scenario Monthly imbalances Un-sustained rally Current picture - where a good Fibonacci short could take the price from a four hour perspective. 3721.XX was always a test zone for me. A four hour perspective of where price has moved from for the bullish scenario in the short term to a negative risk, however what price is actually doing is testing the monthly imbalance zone where the zone either breaks or rejects. This zone was a good test, however please note - the probability here is building up a profit take for buyers and an imbalance can cause the sellers to take over with the wick on the monthly close of February indicating the inefficiency is present. Taking a technical approach with the Fibonacci retracement, using the four hour, price has shown the start of the move - gathering a all time high pivot point, retracing to a low, forming the Fibonacci structure. Targets being said for the 3721 - is the imbalance, which is in between the short term Fibonacci retracement extension zones. However, price will test the low, look for a reversion pivot and continue the sell. The probability with be depending on the wick in focus where price has created a shooting start to 3834*.XX. US Bonds yield curve, accelerating the USD first U.S. bond yields gauging performance of the U.S. stock market, thereby reflecting the demand for the U.S. dollar in subsequence. Where investors move away from stocks and other high-risk investments, the new increased demand for “less-risky instruments” such as U.S. bonds and the safe-haven U.S. dollar pushes their prices higher against respective pairs. However, when it comes to the EUR USD - the Euro will show its weakness with the Remember: A rising bond yield is dollar appreciation. A falling bond yield is dollar devaluation Mirrors Edge EXY Vs DXY - looking here at the Euro Currency Index and the Dollar Currency Index, price has established some very defined levels - which have been marked in Purple - Refer to Master key for zone colours. With the impact of the DXY - the jaws are looking to close here, from a technical standpoint clear fresh movements are foreseeable with the probability of positional holds for Dollar buys and Euro sales based upon the chart. So long as price reverts back to a clear higher low formation on the EUR USD and respectively on the EXY with the DXY creating a defined point of higher lows, then the holds are clear to the imbalances stated. Cross Analysis; USD JPY VS DXY VS Debt instruments - Impact Simplified - U.S. bond yields gauge the performance of the U.S. stock market, thereby reflecting the demand for the U.S. dollar in subsequence. Where investors move away from stocks and other high-risk investments, the new increased demand for “less-risky instruments” such as U.S. bonds and the safe-haven U.S. dollar pushes their prices higher against respective pairs. However, when it comes to the USD JPY - the Yen will show it's weakness. Remember: A rising bond yield is dollar appreciation. A falling bond yield is dollar devaluation. Inflation further analysis: Keep an eye on the SPX with Inflation ETF vs SPX500 . If you as a trader are interested in the price ratio of Shiller P/E ratio , the market is at this moment 35.83x, with low inflation at the moment, the bulls are on the run. Watch this space Gold discounted See here for the imbalances on Gold . This can help adjust the situation upon the USD. Why is gold falling? Well simply put volatile situations where the return of XAU maintains no yield, the Dollar however does Yield through interest rates. Gold will look to fall to level of around $1500 before examining next where the price is to move next. Do you enjoy the setups? 10 years combined analysis experience in capital markets Focus on technical output not fundamentals Position and swing trades Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, Team LVPA MMXXI
TVC:SPXShort
by LupaCapital
2
SPX BearishBased on the fundamentals, we believe the stimulus has already been priced into the markets. Technically, we are seeing lower highs and lower lows. Both the technicals and fundamentals give us reason to be short SPX (only for short term). If you have heard the famous saying, "buy the rumor, sell the news" then you can tell that this may be one of those instances. The stimulus news came after Biden alerted the country that stimulus checks will be sent out. That is when assets started seeing some volatility and we believe the volatility will increase as the week progresses, mainly to the downside. Adding hedges such as puts may be a great decision in times of uncertainty. We believe the uptrend will resume when SPX hits either one of the bottom targets. Trade safe. - HH
TVC:SPXShort
by HH_Analysts
7
It doesn't get much more obvious than this.Chances are good that the charts for AMEX:SPY and TVC:SPX will continue to print repeated patterns. They have been doing so for an entire year, so I don't expect them to suddenly change trajectory. I honestly expect the market to crash within a week--if not tomorrow--judging by this fractal. And although it is not shown in this post, there is also major bearish divergence on the RSI for the weekly and monthly charts and bullish divergence on the same timeframes for the VIX . It sure will be interesting to watch. Good luck to all.
OANDA:SPX500USDShort
by CLAIR_V0YANT
6
SPX500 could move UP! Hey tradomaniacs, Looking at SPX500 we can see a good rally after the expected fakeout#5 from yesterday 👉 As you can see we are currently re-testing the previous trendline of the entire weird and volatile correction. If this level holds market could continue with its previous breakout and start a new rally! If not.. SHORT IT ;-D LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
OANDA:SPX500USD
by Trading2ez
10
DOGE is just another PnD.Like it or not , but Doge have no intrinsic value or good fundamentals (crypto style : like limited supply at least at btc) and just another Pump and Dump scheme. This is the cherry on the cake that still was not eaten like $GME, $AMC, $TLRY and bunch of other penny stocks. All of this remind me a bit of 1929, 2000 when retail fomo is so insane , that they long everything and shoe shining average Joe gives you trading advice about markets. Why this is happening? Probably corona virus and money printing. Will it last long? No. Frenzy will be over right when there will be no more lockdowns(will be frontrunned probably few months in advance. I'd say spring/summer 2021 most likely), and all this new tik-tok traders will end up devastated and bankrupt. Bankers will force gov to hike rates on dxy and collect that credits back forcing people into another finance depression. Yes , it's a bubble burst scenario and it will happen sooner or later. Ponzies ain't lasts forever and you're all know it.
Short
by WagsCapital
Short MarketThe market has reached its all time high creating a new higher high which can be treated as a resistance @3941.1 for now. The RSI suggests that the market has been heavily overbought on 30m chart and a recorrection is to be expected. On 4hr chart the support level 3896.8 is constantly being tested and looks like the market will test this level one more time before making yet another bullish move. If bears break the supp levels expect the market to test zone @3877.7 to 3868.5 supp level. Else the long move is to be assumed go up to 4017.0. Supp levels: 3918.0 3894.5 --> getting weak 3877.7 to 3868.5 --> strong supp zone
UShort
by mupaul17