Get started

Spx500short

28/10/2020 #SPX #ES_F looking for more sell, till I am wrongYesterday (27 Oct) #SPX #ES_F closed at the lows. It is still ranging now. Normally if we are to pullback, it should come quickly from open, but not so yet, thus probably we will sell in Europe session. But do note that 3402-3406 is a valued area of yesterday, there is always a probability we might pullback to there. That will present a low risk short level. Purple lines 3382 and 3390 are probably R. If you want to trade the pullback you can trade level to level, but as per my plan, the upside (above the blue zone) is limited - 3412 and 3420. Below support are 3364.8, 3350.8. If 3323.8 hits, it should present a low risk long level.
OANDA:SPX500USDShort
by FadeMeIfYouCan
How to trade SPX today.US500 - Intraday - We sold at 3410 (stop at 3426) A Doji style candle has been posted from the high. We are trading at overbought extremes. This is negative for sentiment and the downtrend has potential to return. Preferred trade is to sell into rallies. Levels close to the 38.2% pullback level of 3420 found sellers. Further downside is expected although we prefer to sell into rallies close to the 3410 level. Our profit targets will be 3365 and 3300 Resistance: 3507 / 3588 / 3690 Support: 3300 / 3210 / 3000
OANDA:SPX500USDShort
by Signal_Centre1
27/10/2020 SPX ES_F Let the sell continueMy post yesterday was titled "Let the crash begin?" Probably will be more apt without the ? We had a 100pts downmove then a pullback of 50pts. I still see further down; as I tweeted yesterday, no news is bad news. Blue zone is usually my buy/sell level.But given the large movement yesterday, I actually put in an orange zone. Be short below 3406 target 3382.8,3360-66 and even 3318. 3272, if we somehow reach there, will offer low risk buy level. Do nothing between 3413.6 and 3424. If price pullback to this deeper levell, 3424-28 is the level to hold. If rejected, lower targets as mentioned above will be in play. I will only want to look for longs above 3428, targetting 3448. 3458 should cap high of day - low risk sell level.
OANDA:SPX500USDShort
by FadeMeIfYouCan
S&P 500 short position/SPX SELL and DROP=SHORTSPX shows signs of serious weakness having on mind technical side of the story. TECHNICAL PART: - DAILY MACD BEARISH -WEEKLY MACD BEARISH -DAILY STOCH RSI BEARISH. -WEEKLY STOCK RSI BEARISH From technical side i don't have doubts that stock market will experience one more crash which will be followed by inflation of USD towards 1,26 and 1,35 instance over EUR. From fundamental side, S&P 500 had three technical years historticaly (continual growth since 2008-nowdays) followed by a big crash on January 30.th when index fell from 3400-2200 index points. THATS 12 YEARS OF CONTINUAL GROWTH APROXIMATELY, since 1 technological year equates to 4-5 calendar years. USD MADE TRIPLE JUMP IN TECHNOLOGICAL SECTION BRINGING TECHNOLOGY to 5 NM. THEREFORE, I DO EXPECT SIMULATIOUS DROP ON NDAQ AND DJI. Now, after this " butterfly pattern" manifests, index of this unsustainable price will bring #SPX index to 2400 points and lower levels including very top of it at 1867 level. GERMAN ECONOMY WILL FOLLOW, I've stated it in the other chart of mine : CLEAR YOUR POSITIONS. Cheers
TVC:SPXShort
by milanjelic
26/10/2020 ES_F SPX Let the crash begin?Price still ranging, in balance. 3 things which could affect the next move in SPX are the earning announcement, elections news, stimulus talk. On a broader picture, as per my tweet last week, I am seeing a set up for a bigger correction coming before end of year. Anyway for 26 Oct, look for longs only above 3460, targeting 3474, 3487. 3504 should cap high of day, offering low risk sell level. Below 3452, bias is to the downside, targeting 3426, 3400. 3382 should cap low of day, offering low risk buy level
OANDA:SPX500USDShort
by FadeMeIfYouCan
SPX Intraday Long Setup.US500 - Intraday - We look to Buy at 3440 (stop at 3418) Trading within a Corrective Channel formation. Prices have reacted from 3420. Our expectation now is for this swing higher to continue towards the top of the trend channel, to complete a correction before sellers return. Further upside is expected although we prefer to buy into dips close to the 3440 level. Uptrend support is located at 3430. Our profit targets will be 3497 and 3535 Resistance: 3507 / 3588 / 3690 Support: 3443 / 3400 / 3354
OANDA:SPX500USDLong
by Signal_Centre1
S&P 500: Potential Nine Percent Decline SetupS&P 500 decline in a five-wave contracting pattern knows as leading diagonal from its all-time high. It's labelled i-ii-iii-iv-v in wave (a). According to Elliot Wave theory, a three-wave correction follows every impulse move, that's the subsequent a-b-c zigzag move in SPX. The correction retraced more than 80% of the impulse, retested the upper boundary of the channel + daily demand zone. Price is expected to resumed in the direction of the major impulse after a correction. The decline in wave (c) has the potential to take wave (a) low and beyond. I will look for the break out of the parallel channel and green line for a conservative short entry while the red line is my short-term invalidation zone. What's your view on S&P 500? Let me know in the comment. Thanks, Veejahbee.
OANDA:SPX500USDShort
by Veejahbee
7
15/10/2020 #SPX #ES_F sell!Just re-posting this as my original post 12 hours back is hidden for including my Twitter handle! oops I trade by identifying spot on daily turning point levels everyday for many instruments, including #SPX. Set price levels near these levels and trade when opportunity comes. New to #tradingview. Will be providing my intraday levels for some of the instruments here on a daily basis, as I have done for some followers on twitter. ------------------------------------------------------------------------------------------------------------------------------------------------------------- #SPX #ES_F is over-extended. Yesterday's down move signals more down move to come. #NASDAQ $QQQ correction is clearer, and it should bring #SPX $SPY along with it. Bias is down below 3500, targeting 3454. Break of 3448 will bring 3420, which should cap low of day - low risk long level. Go long only above 3500, targeting 3520. 3535 will cap high of day - low risk short level. Comment: Slight correction to the above. 3420 is a near term support. 3382.8 should be the cap of the lows instead. Comment: 3454 (3448.5 in fact) hit and level holding for now. We might have a minor pullback now before further down. Comment: 3448-3454 level holding and oversold. Better to re-short at higher price. Look for short entries at 3470 Comment: 3470 perfect entry. 7pts down move on 1 pt MAE
OANDA:SPX500USDShort
by FadeMeIfYouCan
SPX500 with Expected correction.US500 - Intraday We look to Sell We are trading at overbought extremes. Momentum is stalling with the posting of new highs and indicates bearish divergence. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. We have a 78.6% Fibonacci pullback level of 3507 from 3588 to 3210. We have a 61.8% Fibonacci pullback level of 3444 from 3588 to 3210. Preferred trade is to sell into rallies. Our profit targets will be 3444 and 3420 Resistance: 3508 / 3526 / 3536 Support: 3490 / 3485 / 3444
TVC:SPXShort
by Signal_Centre1
1
Why the Biggest Crash Is Nearing (Beyond Fundamentals) - Part 2The SPX (SNP500 Index) monthly chart has been giving clear signals in the past with regard to overall changes in trend. With all of those trends taken into consideration, we can see an extremely similar situation with the current price action. As we also take into account for current political, geopolitical, COVID-19, and tech stock inflation factors, we can assume that no rally is sustainable without a correction. Keep in mind, this is only an observation by using the simple bearish and bullish divergences. A bearish divergence occurs when the price action by candles, shows a higher high, while the oscillator for the RSI shows a lower high - indicating that price momentum has died off. I also show in the chart that it's possible to identify key points when the market is showing demand for the stock market even if it's in a downtrend, where the general public might assume the major crash is coming - this is a bullish divergence - The 2008 recession was signaled by a clear bearish divergence on the weekly, and even the monthly. This took months to play out, but with each rise, you could have bought in and still profited with a high average. Following the financial crisis, the 2009 bottom and reversal into a 9 year bull market was signaled by a strong bullish divergence on the weekly. - When many thought the market was crashing in early 2016, a strong bullish divergence showed that selling momentum was done and that a bullish continuation would resume. This was due to the confirmation of a bullish divergence on the price action. It meant that there was CLEAR demand for cheaper prices. Current Sentiment shows that a large bearish divergence on the monthly chart is forming and we may be in a bear market until proven otherwise.
TVC:SPXShort
by XForceGlobal
14
S&P500 3356.8 - 0.66 % SHORT IDEA * PRICE ACTION, PULL BACK TRADHELLO EVERYONE Here's an idea on the S&P500 which is currently in an uptrend on higher time-frames but saw some losses in momentum in the last couple of days, targeting this pull back from higher time-frames. On the DAILY time-frames the index broke the 50 M.A and is currently retesting this moving average and support level now resistance level 3401.8 now will be looking for a continuation of this pull back with the bears on the index. hope this idea assists in anyway on your trading of the S&P 500. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ 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.
OANDA:SPX500USDShort
by PULEMokhothu