S&P500 Long SetupSPX500 Long Setup
🔵 Entry: $3,868.7
🟢 TP & RR: $3,3936.1 (3.05)
⛔ Stop Loss: $3,846.6
REASONS FOR THE TRADE
✔️ Resistance turned into Support
✔️ Market Flow Indicator Oversold
📝 Stop Loss is a bit close, so feel free to adjust it. If we break down from that level I will be looking to open a short order.
Spx500signals
S&P 500 Short SetupS&P 500 Short Setup
Entry: $3,864.4
TP & RR: $3,750.7 (2.22)
Stop Loss: $3,915.7
REASONS FOR THE TRADE
Not much to discuss here, aside from the fact that we are looking to open a short position at an established resistance level. This is one of those trades that it's just too obvious, so I believe a lot of traders will be stacking orders there. When/If our position gets filled, we will be monitoring it and if volume continues to increase or we pierce that level convincingly, we may close the trade prematurely and potentially open a long trade.
S&P 500 Ascending Channel - Short SetupSPX500 Short Trade
Entry: $3,866.6
TP & RR: $3,840.5 (1.13)
Stop Loss: $3,889.7
REASONS FOR THE TRADE
Straight off the bat, you notice two things here - ascending channel and opening a position against the trend with what I consider a bad Risk:Reward Ratio of just over 1. However, I believe that price can form a double top with bearish divergence, retrace back to the lower trendline and then continue up. Of course, we will be looking to open a long order somewhere at the lower trendline.
Stop Loss is set pretty high in case there's a fakeout. However, we will close the position if there's a convincing close above the recent high.
S&P 500 Reaches a Level of Resistance - Short TradeSPX500 - Short Position(s)
Entries: $3,784.4 / 3826.8
TP & RR: $3,728.8 (3.29 / 4.12)
Stop Loss Levels: $3,801.3 / $3,850.6
REASONS FOR THE TRADE
I think it's time for the SPX500 to take a break from this bull run. As such, I am expecting that price will reach either of the two levels that I would like to short. The Risk:Reward Ratio is favorable and the Stop Loss is just above the invalidation levels.
Now, you may be wondering why the SL of the first short is not placed higher, somewhere around the second order's SL. The problem is in the Risk:Rewards Ratio. If I am to do that, I will need to adjust my position size to account for the bigger gap between entry and SL. Also, the RRR of 3.29 will fall down to 0.84. So, even if I short from the first level and the setup proves to be valid, I will increase my capital by less than 1%, compared to over 3% if I keep the trade as it is.
Even if the first setup is invalidated, and we open a profitable short on the second level, the profit of 4.12R will compensate for the 1R loss and we will be at a profit of 3.12R. Of course, it would be unpleasant to lose 1% of the account, but that's just how trading works. You either take the risk or you lose the chance.
On a side note, since it's Monday, I am not placing those as limit orders, rather I have set alerts at the levels. When we reach them I will look at the volume, the 1h candle close, and will update the idea. We don't want to blindly place orders and hope for the best.
S&P 500 FUTURES 1D-TIMEFRAME ANALYSIS✨S&P 500 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the SPX500
My idea is that the index will go higher
T1
4500
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
SPX's Daily Purchase/Sale filing for directors/officers ***The legendary Fidelity Investments manager Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” this guys is just simply smart.
***Beautiful data presented here very useful for long investors . Simple strategy, with every consideration you would usually take , just buy after these guys start buying : -) .
***No success rate here, just extremes reading here that's all
*** I wish Tradingview would add this to their indicators.
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***Trigger line to start watching for, for buying, is reading above 300:
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Date Reading
Mar, 16 2020 465
Aug, 10 2011 357
Mar, 10 2009 356
Dec, 1 2008 302
Nov, 28 2008 606
Oct, 14 2008 306
Nov, 13 2007 307
Nov, 20 2007 329
Aug, 6 2007 303
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***Trigger line to start watching for, for buying, reading between 200-300 :
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March 2, 2020 207
Dec, 11-26 2018 204*217* 229*220*226
Nov, 21 2018 215
Nov, 13 2018 250
Nov, 14 2016 217
Nov, 12 2015 202
Aug, 24 2015 239
Nov, 13 2012 220
Nov 12, 2009 204
Aug, 17 2007 295
May 11, 2004 212
May, 4 2004 216
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***Selling reading above 400 are reflected here Red Arrows
S&P 500 FUTURES 1D-TIMEFRAME ANALYSIS✨S&P 500 FUTURES 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for the S&P 500
My idea is that the index will go lower
broke down the 4 hours support sells offs start
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
S&P500 Trading PlanPattern: Triangle on 4H.
Signal: (A) Buy as long as the Higher Lows trend-line holds, (B) Sell if it breaks.
Target: (A) 3595 (just below the Lower Highs), (B) 3485 (just above the 4H MA200).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> johnmcal3
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S&P Trading PlanPattern: Bullish Megaphone on 4H.
Signal: Sell as the price is close to the Higher Highs trend-line of the pattern with the MACD flat.
Target: 3320 and if 3310 breaks, extension to 3270.
Most recent S&P trade:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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Shout-out to TradingShot's top TradingView donor this week ==> @cryptosworldunited
SPX500 WEEKLY FORECASTHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
S&P500 Sell SignalPattern: Ascending Triangle
Signal: Bearish as the price got rejected on the monthly Resistance and is printing a bearish MACD formation.
Target: 3090 (contact with the Higher Lows trend-line 1).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
SPX500USD Buy signal setupEnjoy a free signal
Trade at your own risk;
Know your risk to reward
We had a breakout of monthly S/R area and now market has come back down to retest the 12hr uptrend. If it holds, this shall play out.
Symbol: SPX500USD
BUY
Entry: $2950
Best entry: $2940
Stop Loss: $2920 (-$30 to -$20 from best entry)
Take profit: $3015 (+$65 to +$75 from best entry)
S&P500 Trading planPattern: Channel Up on 1D.
Signal: Initially bearish towards the Higher Low trend line of the Channel Up as the Rising Wedge that was supporting broke downwards. (A) If the Higher Low trend line holds it is bullish on the short term. If the 2625 Support breaks, it is bearish. The region in between those is a neutral zone.
Target: (A) 2800 (roughly where it can meet with the 1D MA50), (B) 2450 (just above the next Support).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **