US SPX 500
Go Long, Go Wealth (Microsoft)Microsoft made a significant move today. Based on my analysis, the price is expected to retrace to either the $438 or $429 level.
I anticipate that the price will stabilize at one of these levels before a potential reversal occurs.
Although I am not directly trading MSFT, I have invested in SPUS, which is following a similar trajectory.
SPX500USD Will Grow! Buy!
Take a look at our analysis for SPX500USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 5,665.3.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 5,860.7 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
SPX500 / US500 Bullish Robbery Plan To Make MoneyMy Dear Robbers / Traders,
This is our master plan to Heist SPX500 / US500 market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Stop Loss : Recent Swing Low using 4h timeframe
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
SPX500USD Will Go Up! Long!
Here is our detailed technical review for SPX500USD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 5,516.8.
Taking into consideration the structure & trend analysis, I believe that the market will reach 5,549.3 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
Tesla's Stellar Performance Ignites S&P 500 The U.S. stock market reached a new milestone on Tuesday, July 2nd, 2024, with the S&P 500 closing above 5,500 for the very first time. This historic achievement was fueled by a powerful surge in Tesla's stock price, coupled with positive signals from the Federal Reserve regarding potential interest rate adjustments.
Tesla, the electric vehicle (EV) leader, emerged as the star of the show. The company's stock price skyrocketed by over 10%, propelled by exceeding analyst expectations for their second-quarter deliveries. This impressive feat marked Tesla's second consecutive day of strong gains, solidifying investor confidence in the company's future prospects. The positive momentum surrounding Tesla not only propelled its own stock price but also had a ripple effect on the broader market, particularly the Nasdaq Composite. The tech-heavy index followed suit, closing at a record high itself, exceeding the 18,000 mark for the first time ever.
Beyond Tesla's individual performance, another significant factor contributed to the market's bullish sentiment. Federal Reserve Chair Jerome Powell, in a much-anticipated speech, hinted at the possibility of future rate cuts. This dovish stance from the Fed was met with enthusiasm by investors, as lower interest rates are generally seen as a positive catalyst for stock prices. Chair Powell's comments suggested that the Fed is cautiously optimistic about progress made in combating inflation, potentially paving the way for a more accommodative monetary policy in the near future.
The confluence of these events – Tesla's dominance, the Nasdaq's record highs, and the Fed's softening stance on inflation – created a perfect storm for the S&P 500 to breach the coveted 5,500 barrier. This milestone signifies a period of exceptional growth and resilience for the U.S. stock market. It's important to remember, however, that market triumphs are rarely linear. While the current outlook appears optimistic, there are always external forces that can influence market direction.
Looking Ahead: Sustainable Growth or Market Correction?
The question now on everyone's mind is whether this record-breaking rally can be sustained. Analysts hold varying perspectives. Some believe that the market's current momentum is a reflection of a robust and growing U.S. economy, with factors like strong corporate earnings and continued technological advancements fueling the rise. They argue that the S&P 500's ascent above 5,500 represents a new chapter in market history, and further growth is possible.
However, others express caution. They point to potential risks, such as ongoing geopolitical tensions, potential supply chain disruptions, and the possibility that inflation might not be definitively tamed. These factors, they argue, could trigger a market correction in the future.
Investor Takeaways: Navigating the Evolving Market Landscape
Regardless of one's specific viewpoint, this historic event serves as a crucial reminder for investors. It underscores the importance of conducting thorough research, maintaining a diversified portfolio, and having a long-term investment strategy. Investors should also stay informed about economic developments and adjust their strategies accordingly.
The S&P 500 breaching 5,500 is undoubtedly a significant milestone. It reflects a period of exceptional growth for the U.S. stock market, fueled by a combination of strong corporate performance, optimism about inflation, and potential adjustments in monetary policy. However, as with any market rally, there are always underlying risks to consider. By staying informed, maintaining a diversified portfolio, and adhering to a well-defined investment strategy, investors can navigate the evolving market landscape and potentially benefit from the current economic climate.
FewEveryone senses there is something coming, but nobody knows what it is. Regardless the markets will correct massively, technically because we haven't had a 0.61 fib correction in a decade, secondly because the bags are too heavy and everyone is bagholding, we need to shake those who call themselves diamond hands at +50% price discounts, i.e. cheaper prices.
Capital is excessively cheap, Attention is overpriced. Manual Labor is underpriced we are living in a bubble state, some call it 'the everything bubble'.
Call me bubble boy, chicken little, i don't care.
A Nuke is coming.
July Economic Calendar - IMPORTANT EventsIt’s going to be a busy month for the Chair of the Fed (Jerome Powell), who delivers a speech today and then will testify later this month in front of Congress to provide updates on monetary policy decisions. Will we gain clarity on the timing of potential rate cuts this year, and if they are even being considered?
Crypto in June - How BTC responds
June saw significant volatility across the crypto market. Bitcoin fluctuated between price highs above $70,000 and lows of around $60,000, with substantial movement around 4 June when Bitcoin peaked above $71,000, before declining on 6 June and continuing a downward trend and falling to levels last seen in May. ETH and altcoins followed along, with Ethereum down approximately 11% in June . Pulling it back to the US markets, some analysts argue that the fluctuations was largely driven by uncertainty surrounding inflation data. The drop to $60k could likely be due to the reducing likelihood of multiple interest rate cuts by the Federal Reserve Bank this year, contrary to earlier investor anticipations (causing hesitation and a cautious approach).
Upcoming Events that could Affect Markets:
❗ Tuesday, 2 July 📢 Jerome Powell speech
Federal Reserve Chair Jerome Powell will provide an economic overview today, outlining current monetary policies. He will answers questions and the outcome of this speech can significantly impact financial markets and investor sentiment.
❗Wednesday, 3 July 📢 Federal Open Market Committee (FOMC)
The upcoming FOMC minutes are expected to provide more details on the Federal Reserve's decision to keep interest rates unchanged, and its revised economic projections. Key points could include the reasons behind the more hawkish stance on rate cuts, and the implications of updated forecasts for unemployment and inflation.
❗Friday, 5 July📢 US Unemployment Rate
The US unemployment rate is a key indicator of economic health, influencing consumer spending, corporate profits and the social sentiment. During May the US jobs sector added 272,000 jobs, further casting doubt on the rate cuts in the US this year.
❗Tuesday, 9 July 📢 Fed Chair Powell testimony
Jerome Powell is set to discuss the state of the economy, monetary policy decisions, and also outline future policy intentions in his twice-a-year testimony in front of Congress.
❗Thursday, 11 July 📢 US Inflation Figures
The year-on-year and month-on-month inflation numbers provide crucial insights into purchasing power trends, influencing market expectations for interest rates and the overall economic outlook. The Consumer Price Index (CPI) climbed 0.2% in May, the smallest advance in core CPI since October 2023.
Take extra caution when over the next few weeks as volatility will be likely depending on the outcome of these events.
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ECONOMICS:USINTR FRED:UNRATE ECONOMICS:USIRYY
SPX500USD Will Move Lower! Short!
Please, check our technical outlook for SPX500USD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 5,476.9.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 5,438.5 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
SPX500USD Is Bullish! Buy!
Please, check our technical outlook for SPX500USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 5,525.4.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5,670.1 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!
SPX500USD Is Very Bearish! Short!
Here is our detailed technical review for SPX500USD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 5,469.2.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 5,438.7 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
Monthly SELL Divergence on S&P 500Check out this Super Steep RSI Sell Divergence on the S&P 500... This is a long term issue for the market. The indicator is making lower highs while price keeps making higher highs. This creates a paradox, a vacuum, a discrepancy, etc.... This is the most important chart to watch IMHO for the medium term.
SPX500USD Will Go Up! Long!
Here is our detailed technical review for SPX500USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 5,430.7.
Taking into consideration the structure & trend analysis, I believe that the market will reach 5,568.2 level soon.
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!
$SPY range $479-$529, the path to the top (and bear market)AMEX:SPY looks to be showing signs of weakness here. Thinking that we could see the first large decline of the year into one of the support levels below $479-$495. Breaking the trend line would be the trigger.
If that happens and we do get a low, then I think we'll have one final rally to the upper resistance levels between $525-$530.
Another possibility, is we just continue upwards to the top resistance levels and then decline after. Idea of a range is you want to buy the lows (supports on chart) and sell the highs (resistances chart).
Regardless of the path we take, we're nearing a top in the market and after we hit those top levels, I expect a large decline lower (one that takes us past the prior 2022 lows).
Ultimately looking for SPY to reach the $280-300 level by the end of 2024. But let's save that analysis after we see what happens in this range.
SPX500USD Is Very 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 approaching a key horizontal level 5,386.5.
Considering the today's price action, probabilities will be high to see a movement to 5,439.7.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
SPX500USD Is Very Bullish! Long!
Here is our detailed technical review 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 5,339.5.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,407.5 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
S&P 500, US500 Market Robbery Plan To make moneyMy Dear Robbers / Traders,
This is our master plan to Heist S & P 500 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. There is two plan to heist this market, Our target is Green Zone when market comes downside that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Once Bull trend is formed in the green level we can start our buy plan to heist the market in buy direction, our Target is red zone.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.