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US SPX 500

US500 to turnaround today?US500 - Intraday Price action has formed an expanding wedge formation. The medium term bias remains bullish. Trend line support is located at 4145. Trend line resistance is located at 4345. A break of 4172 is needed to confirm follow through bullish momentum. We look to Buy a break of 4172 (stop at 4132) Our profit targets will be 4272 and 4292 Resistance: 4172 / 4257 / 4345 Support: 4145 / 4127 / 4100 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDLong
by OANDA
Big corporations rolling over after months of relentless risingThe current earnings season in the United States brought forth intriguing results. Nevertheless, we have seen some adverse reactions to relatively good results. For example, Alphabet (Google) lost about 10% following its quarterly earnings on Tuesday, despite its revenues and net income soaring (YoY) in 3Q23 by a significant margin (though it is important to note that the company missed some of the analysts’ estimates). Based on multiple observations, we might be at the brink of rollover in the highly capitalized corporations (following months of relentless climb higher). This potential rollover represents a significant danger to the performance of the U.S. stock market indices (which were driven to heights mainly by these large companies). Now, they might start being responsible for driving them down. With that said, we want to bring attention to the small caps, particularly Russel 2000. Unlike SPX or NDX, this index has not gone through an immense rally over the past year (something many people chose to ignore, calling for a genuine bull market). In fact, RUT is down about 6.7% year-to-date, telling us a completely different story about the health of the economy than SPX or NDX. In addition, we would argue that a lot of economic data reflects a better picture of the economy than reality suggests. As a result, we want to raise a word of caution to market participants. Illustration 1.01 The picture above shows the daily chart of Russel 2000. The index is hovering just slightly above the 2022 lows. Illustration 1.02 Illustration 1.02 displays the chart of Alphabet, Amazon, Apple, and NVIDIA. Technical analysis gauge Daily time frame = Bearish Weekly time frame = Bearish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
SP:SPXShort
by Tradersweekly
DXY : Located in the recession border zoneHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DXY chart) If it rises above the 105.664-106.416 range and maintains the upward trend, the investment market is expected to fall into a recession. Accordingly, the key is whether the price can fall below the 105.664-106.416 range and maintain the downward trend. -------------------------------------------- (SPX500USD chart) On the 1D chart, it is falling below the HA-Low indicator, showing a short-term downward trend. However, since it has not fallen below the HA-Low indicator on the 1W chart or 1M chart, it cannot be said that it has yet turned into a downward trend from a mid- to long-term perspective. Therefore, it is expected that it will rise above 4369.8 to break out of the short-term downtrend. ------------------------------------------------- (NAS100USD chart) The NAS100USD chart does not show a short-term downtrend yet. Therefore, the key is whether it can rise above 14797.1 and maintain the upward trend. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
TVC:DXY
by readCrypto
1
(NAS100USD) Volatility Period: Around October 24thHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DXY chart) The key is whether it can meet resistance and decline around 105.664-106.416. --------------------------------------- (SPX500USD chart) To break out of the short-term downtrend, it must rise above 4369.8. If it falls below 4280.2, there is a possibility of a downward trend in the mid-term. ---------------------------------------- (NAS100USD chart) It seems difficult to say that the current movement has turned into a downward trend. However, if it falls below 14797.1 around October 24th and shows resistance, there is a possibility that it will turn into a short-term downward trend. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
OANDA:NAS100USD
by readCrypto
The S&P500 is preparing for an insane rallyHello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience. I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings. I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme. ------------------------------------------------------------------- Today I want to share with you my outlook on the S&P500: Over the past almost 15 years the S&P500 has been respecting a super simple bullish trendline. Always when the S&P500 tested this level, we saw a major rally towards the upside. And now the S&P500 is about to retest this trendline again and I do expect another push higher. ------------------------------------------------------------------- Most of the people always follow the quick money. But the quick money is never the big money. They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail. The only think which you can control is your risk, everything else is unknown. Keep your long term vision!
SP:SPXLong
by basictradingtv
43
DXY: Need to check if it can fall below 105.664-106.416Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (DXY chart) The key is whether the price can fall below the 105.664-106.416 range and maintain the downward trend. If this is not the case and the upward trend continues, the investment market is likely to enter a recession. ----------------------------------------- (SPX500USD chart) At the point where SPX500USD is currently located, the key is whether it can rise above the HA-High indicator, which is where the finger is pointing, and whether it can be maintained. If it falls below 4142.5, there is a high possibility of a downward trend even from a long-term perspective, so caution is required. (1D chart) In order to turn into an upward trend, it must receive support and rise in the 4369.8-4476.0 range. ---------------------------------------------- (NAS100USD chart) As explained on the SPX500USD chart, the key is whether it can rise above the HA-High indicator and be maintained. (1D chart) It is showing a movement almost similar to that of the SPX500USD chart, but the HA-Low indicator has not yet risen and been created on the 1D chart. This means that the strength of the rise and the upward trend are still strong. Accordingly, we need to check whether a new wave is created around October 24th. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
TVC:DXY
by readCrypto
/ES: Bearish Bat Still Targeting $4250 or Lower/ES formed another level of MACD Bearish Divergence near the HOP of this Bearish Bat, and from the $4,400 level of interest after briefly peaking above it. During the PPI release, it has peaked back above it again, but on what seems to be less relative strength, so I overall suspect that it will fail from here and come down to test $4,350, and if that level doesn't hold, then it will likely go all the way down to the lower support range of $4,250, where it will then be in danger of breaking below the trading range entirely, which would take it potentially to or even below $4,000 really fast.
CME_MINI:ES1!Short
by RizeSenpai
SPX is in an uptrend now Let's be honest. SPX is in an uptrend now. The price has been creating higher lows and higher highs. The downsloping trendline which was acting as a strong resistance in March 2023 was retested and confirmed as a support. Since then the price has been in the uptrend and in our opinion we are at the early stage of the new BULL MARKET. Yes, you hear it right: BULL market. The price remains above the ichimoku cloud and it looks like it's breaking the horizontal resistance. It will take time for a price to recover but let's be clear here: we don't expect new lows on SPX. There will be more corrections and pullbacks but overall 4800 -5000 is a target which in our opinion we may see in 2024/2025 What do you think? Do you agree? Leave your comment :)
SP:SPXLong
by vf_investment
12
Can S&P 500 Maintain Uptrend After Hitting Resistance at 4,320?Mechanical aspects of the market took over on Friday after the surprise job report. The job growth was nearly double what was expected, while unemployment and wage growth were basically within the same range they had been for months. So, if there is progress in the labor market softening, it is tough to find, and the pace at which wage growth is coming down is way too slow to meet the Fed’s 2% inflation target anytime soon. The Fed needs wage growth closer to 3%, which is still over 4%. And while this job data alone isn’t likely enough to raise rates in November, it just pushes out the timeline for rates to stay higher.
SP:SPXLong
by DEXWireNews