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US SPX 500

SPX500USD Is Bullish! Long! Take a look at our analysis for SPX500USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 5,676.2. The above observations make me that the market will inevitably achieve 5,784.8 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDLong
by SignalProvider
1
SPX500USD Will Move Higher! Long! Please, check our technical outlook for SPX500USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,664.8. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 5,801.1 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDLong
by SignalProvider
1
Why ORB + VWAP is Your New Best Friend in Trading -No, SeriouslySP:SPX Hey there, traders! Deno Trading here;👋 Stop feeling like the market is just a one big, mysterious puzzle, and felt you're missing the piece that makes everything click? Well, strap in, because today we're diving into the magic of the Open Range Breakout (ORB) strategy, sprinkled with a little VWAP (Volume Weighted Average Price) magic dust. Spoiler alert: This combo is like peanut butter and jelly for traders—simple, effective, and deliciously profitable. The Chart (aka "The Battlefield") Take a look at the chart above—our trusty S&P 500 on a 15-minute time frame. Notice those blue zones? That’s your ORB, the first 15-30 minutes of market action where all the cool kids (a.k.a. the big institutions) are making their moves. The VWAP line? That’s the referee, keeping everyone honest. Now, let’s break down why ORB works most of the time (we're not wizards, after all, just really good strategists). ORB: The Reliable Wingman Imagine ORB as your super-reliable wingman. It’s there at the start of the trading day, setting the boundaries. If the price breaks out of this range, it’s like getting the go-ahead from your wingman to approach—“Yeah, this one's a keeper.” In our chart, you can see how every time the price breaks above or below the ORB, it either rockets off to the moon 🌕 or dives deep into the abyss. And just like in life, we always want to go with the flow—if the price breaks out, we’re in for the ride. VWAP: The Truth Serum Now, let’s talk VWAP. Think of VWAP as the lie detector of the trading world. When the price is above VWAP, it’s like the market is saying, “I’m feeling good, let’s keep pushing higher.” Below VWAP? Well, it’s like the market’s had a rough night out, and it’s probably heading home early. In this chart, you’ll notice how the price interacts with VWAP after breaking out of the ORB. When the price stays above VWAP after a breakout, it’s a sign that the bulls are in control—cue the confetti! 🎉 But when it dips below, the bears start growling, and you might want to reconsider your long positions. Jokes Aside But Hey: ORB Always Works (Except When It Doesn’t) Let’s be real for a second—ORB mostly works. Kind of like how your Wi-Fi mostly works until you really need it. But when ORB does work, it’s like hitting the jackpot. You’re basically riding the wave that everyone else is trying to catch. And if it doesn’t work? Well, blame it on the market gremlins and move on. Why and Why again: ORB + VWAP = Trading BFFs Let me wrap up that if you’re not using ORB with VWAP, you’re missing out on a killer combo. These two are like Batman and Robin, or coffee and donuts—they just make sense together. So, the next time you’re staring at your charts, remember: Trust in the ORB, let VWAP be your guide, and don’t forget to laugh at the market’s little quirks and use the news as your catalysts. Because at the end of the day, trading should be fun, profitable, and maybe just a little bit magical. Now go forth and conquer those charts, my fellow traders! 🚀 Deno Trading in and out!
SP:SPX
by Deno_Trading
SPX forming a top?US500 - 24h expiry Levels above 5630 continue to attract sellers. The 161.8% Fibonacci extension is located at 5544 from 5650 to 5585. Bespoke support is located at 5540. Selling spikes offers good risk/reward. Economic figures could adversley affect the short term technical picture. We look to Sell at 5630 (stop at 5665) Our profit targets will be 5540 and 5470 Resistance: 5630 / 5650 / 5680 Support: 5545 / 5540 / 5470 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:SPX500USDShort
by OANDA
1
S&P 500 Index SPX To Rally FurtherThe S&P 500 index SPX is just 50 points away from breaching the previous all-time high. The minutes of the Fed’s July 30-31 meeting, released Wednesday, said the “vast majority” of policymakers “observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.” Traders had already considered it a certainty that the Fed will announce its first interest rate cut in four years when it meets in mid-September. SPX next targets: 5680 - 5825.
SP:SPXLong
by AlyaAkram
S&P500 Ends 8-Day Streak as Markets Eye Fed Minutes Jackson HoleS&P 500 Snaps 8-Day Win Streak Ahead of Fed Minutes and Jackson Hole Uncertainty Market Reversal: Wall Street reversed course Tuesday, breaking recent winning streaks. Fed Minutes: The Federal Reserve will release minutes from its last meeting, where rates were held but future cuts hinted Jackson Hole: This week's Jackson Hole event could further shake up markets. S&P 500 Technical Analysis The price is currently consolidating between 5,584 and 5,620, awaiting a breakout. Bullish Scenario: If the price stabilizes above 5,620, confirmed by a 4-hour candle close, it could rise further toward 5,676. Bearish Scenario: If the price remains below 5584, it could lead to a corrective move down to 5525. Key Levels: - Pivot Line: 5584 - Resistance Lines: 5642, 5675, 5700 - Support Lines: 5553, 5525, 5491 Today's Expected Trading Range: The price is expected to fluctuate between 5525 and 5,675. Trend: Bullish momentum with potential correction.
OANDA:SPX500USDLong
by SroshMayi
SPX to continue in the upward move?SPX500USD - 24h expiry Continued upward momentum from 5544 resulted in the pair posting net daily gains yesterday. 5 positive daily performances in succession. The 261.8% Fibonacci extension is located at 5728 from 5094 to 5336. The previous swing high is located at 5680. Further upside is expected although we prefer to set longs at our bespoke support levels at 5566, resulting in improved risk/reward. We look to Buy at 5566 (stop at 5526) Our profit targets will be 5680 and 5728 Resistance: 5636 / 5680 / 5728 Support: 5566 / 5470 / 5440 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
SPX500USD ( TRADING ABOVE SUPPORT LEVEL(1) ) ( 4H )SPX500USD HELLO TRADERS Tendency, the price is under bullish pressure , until the price trading above support level (1) at 5,206 . Upward Zone : until the price trading above 5,206 , refers active upward zone , currently the price trading above turning level at 5,267 , to rising inside resistance zone between 5,344 & 5,411 , first thing for this rising reach of a resistance level (1) at 5,344 , by closing 4h candle above it easily reach next level at 5,411 , to confirm a rising , the price should be breaking resistance zone because in this zone have been many sales before . Downward Zone: should the price reserve and breaking turning level at 5,267 , indicates dropping to support level (1) around 5,206 , to confirm true decline , the price it will be breaking 5,267 , by closing 4h candle below it to reach support level (2) at 5,124 , called support zone have been buying increase in this zone before . Corrective level :Price may make a correction at 5,267 & 5,206 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 5,344 , 5,411 . SUPPORT LEVEL : 5,206 , 5,124 .
OANDA:SPX500USDLong
by ArinaKarayi
SPx - Stocks Rebound in a Dramatic TurnaroundStocks Rebound in a Dramatic Turnaround Global stocks rallied on Tuesday, partially reversing some of the previous day's significant declines. The market is expected to consolidate between 5,281 and 5,192. This advanced sentence retains the original meaning while using more sophisticated language. Bullish Scenario: For a shift to a bullish trend, the price needs to stabilize above 5320, potentially reaching 5372 and 5409. Bearish Scenario: As long as the price trades under 5281 means will continue the bearish trend toward 5195 and 5169 Key Levels: - Pivot Line: 5260 - Resistance Levels: 5281, 5320, 5372 - Support Levels: 5126, 5192, 5168 Today's Expected Trading Range: The price is anticipated to fluctuate between the resistance of 5285 and the support of 5121. previous idea:
OANDA:SPX500USDShort
by SroshMayi
Are We There Yet? A Market Top ExposeAfter re-calculations and re-assessing, I think I am ready to move forward. I have moved off my position that the 2022 correction was a Supercycle 2 correction and macro market top. I would be on the bandwagon the market is primed to move up indefinitely if not for the massive amounts of debt and cautious discretionary spending. I am still in the camp of prices and wages requiring a re-balance. Companies will have to lower their prices to meet customers at a more realistic price point. The companies that fail to get to that price point will go out of business. I am settling on the side of Supercycle I ending very soon and a larger corrective Supercycle II will take hold next. I am at this position due to the location of important wave 3s in the following chart: My wave 3 indicator at the bottom will paint a light blue background at potential wave 3s. Close gaps between painted backgrounds are common at wave 3 of 3s as is observed by the yellow line around August 2021. The strongest point on the RSI and my wave 3 indicator generally occurs at wave 3 of 3 of 3 (and more levels of 3) which occurred with the white line in January 2018. Additional wave 3 indicators occurred in late 2013 and early 2014 which were likely in the fifth wave of Cycle wave 1. Based on this premise, Cycle wave 3 likely ended in January 2022 and the October low was Cycle wave 4. This would put the market in Cycle wave 5 currently. Cycle wave 1 lasted 5-6 years, while wave 3 did the same. Cycle wave 5 does not have to last long, but there is always a chance it does something similar. Currently, we are just over a year and a half into this wave which may be too quick for it to end. So far we can see a 5 wave structure on the weekly chart. In this 5 wave structure, wave 1 had a wave extension, likely indicating waves 3 and 5 will be shorter in length. The wave 3 indicator has a gap between painted backgrounds in March of this year indicating this was possibly wave 3 and wave 3 of 3. Wave 4 likely bottomed with the low in April. This would place us currently in wave 5. The main question is if all five of these waves are Primary waves inside of the final cycle wave or if these are Intermediate waves inside of the First Primary wave. The pullback in consumer spending has me believing we are closer to the end of a major cycle instead of in the early stages of a multi-year bullish cycle. Additionally, even though the year over year inflation rate is no longer as high of a number, inflation has not actually declined yet as prices continue constantly go up. Furthermore, the year over year inflation rate remains higher than the year over year retail sales numbers. If things were healthy as the talking heads make it seem, retail sales rate should be higher than the rate of inflation as this would show people are spending more money than they are losing to inflation. This is not the case which is why I think a major re-balancing (and yes recession) must still occur. I could be wrong as I have been, or my inaccuracies have been delayed to this point. In trying to identify the current wave 5, I have switched over to the SPX500USD chart to find potential wave 3s and 3 of 3s. The major wave 3s in this fifth wave are identified by the vertical white lines. It looks like the wave extension once again resides in the first wave. Wave 3 of 3 for wave 1 was on May 7th. Wave 3 of 3 of 3 was on June 6, and wave 3 ended on June 12. If these are true, the major fourth wave likely ended at the June 14 low. This once again places us currently in the fifth wave. This is the fifth wave of a wave 5. The question remains as to how large will the next correction be. The current top on the SPX500USD chart is 5530 from June 28th, but it will likely change before week's end with potential decreases in holiday trading volume. On the main chart, I have plotted out potential Fib levels (noted on the right side) for a fifth wave extension if Cycle wave 3 ran from the 2016 low to the January 2022 top. 123.6% of this movement is where we currently are and can be a potential major wave 5 end point. The next Fib of interest would be 138.20% which is near 5967 (indicating much more bullish activity ahead). Regardless, a downturn is likely coming soon. If it starts within the next few weeks, the bottom could occur within the next 2-3 years. If the market blows past the current top, we will likely have a few more years of upward movement followed by a 3-5 year drop thereafter. A large drop now will not be great, but the economies of the country and world could "right themselves" in a quicker manner which would be best for everyone instead of longer and more drawn out. We shall see what happens, as I have been wrong plenty of times in the past. I can keep calling for a drop and will eventually be correct, but the batting average would not even be worthy of the minor leagues.
SP:SPXShort
by StockSignaler
1
SPX500 to continue in the downward move?US500 - 24H expiry Traded to the lowest level in 12 weeks. We have a 78.6% Fibonacci pullback level of 5136 from 4930 to 5680. There is no clear indication that the downward move is coming to an end. The sequence for trading is lower lows and highs. We look to set shorts at our bespoke indicator level (5273). We look to Sell at 5273 (stop at 5321) Our profit targets will be 5150 and 5136 Resistance: 5273 / 5338 / 5404 Support: 5175 / 5136 / 5091 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:SPX500USDShort
by OANDA