The S&P 500 Death BedIn this analysis, we explore the potential consequences of a US debt ceiling default on the S&P 500, one of the most widely followed stock market indices. We believe that if the debt ceiling issue remains unresolved, we could witness a significant downside in the S&P 500, comparable to the crisis experienced in the US economy in 2008. Our analysis suggests a selling zone between 4,154.77 and 4,290.49, with an initial target of 3,090.41 and a final target of 2,034.79.
1. The US Debt Ceiling Crisis:
The US debt ceiling refers to the limit on the amount of debt the US government can incur. Failure to raise the debt ceiling can lead to a default, causing significant disruptions in financial markets and a potential decline in investor confidence.
2. Historical Parallels:
Drawing parallels to the 2008 financial crisis, which triggered a major downturn in the US economy, we anticipate a similar scenario if the debt ceiling issue remains unresolved. Such a crisis could have a substantial impact on the S&P 500, potentially leading to a significant downside movement.
3. Selling Zone and Potential Targets:
Our analysis identifies a selling zone between 4,154.77 and 4,290.49. This range represents a critical area of resistance and selling pressure for the S&P 500. Traders should pay close attention to price action within this zone as it could provide valuable insights into market sentiment.
Regarding potential targets, we project an initial target of 3,090.41. This level represents a significant decline from current market levels and aligns with historical support levels. Our final target is set at 2,034.79, signifying a more substantial downturn in the event of an extended debt ceiling crisis.
4. Impact of Debt Ceiling Default:
A debt ceiling default scenario could result in a loss of investor confidence, increased market volatility, and a potential flight to safe-haven assets. These factors, coupled with concerns about the US economy, could significantly impact the S&P 500 and contribute to a potential deathbed scenario.
While it is important to note that this analysis is based on the assumption of a debt ceiling default, traders and investors should remain vigilant about the potential risks associated with such a scenario. The S&P 500 death bed analysis suggests a selling zone between 4,154.77 and 4,290.49, with initial and final targets at 3,090.41 and 2,034.79, respectively. Traders are advised to exercise caution, implement appropriate risk management strategies, and closely monitor market developments to navigate potential challenges and capitalize on opportunities.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Trading involves risks, and traders should conduct their research and analysis before making any investment decisions.
Spxanalysis
spx500 Analysis Hey guys Looking at spx500 we can see we have some Solid Market Structure in play with some in effeciancies regarding price action and its left behind some imbalance or (gaps) in the market and we may see price action start to fill these gaps
now just because a gap has been created doesn't mean that its going to be filled there after it was created... price may take hours/days/ weeks or even Much longer to revisit these areas and mitigate the Gap
now from what we are currently seeing, looks like we're starting to see price reject somewhat here With the structure we have recently created and/or respected ( Please Check my Analysis for Possible Trade ideas
Disclaimer - past profits don't guarantee a future result... trading is risky and one can loose some or all of their trading capital!
Disclaimer - information shared is for educational and demo purposes only!!
ATTENTION: S&P 500 - Medium Term Right Side is DOWNTechnical Analysis:
- S&P is going to finish wave ((B)) in black in the next 2-4 weeks
- Short Term Right Side (H4) is turning up
- Medium Term Right Side is down to complete a wave II in red
Technical Information:
- Don't buy now S&P if you're a swing trader
- If you're a position trader please wait for wave II in red to be completed
$SPX at consolidation pace.$SPX currently trending at consolidation paste. No strong catalyst for monday for market to pump
but the momentum looks strong for bullish continuation.
1 hour & 4 hour chart the RSI at the overbought level.
expect a pull back soon. for now just ride the trend.
below is my price level for SPX calls and puts.
Calls: buy above 4143.30 sell at 4180.26+
Puts: buy below 4068.79 sell at 4008.24 or below
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SIDE NOTE:
- make sure that you setup a price alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
- sometimes, the fist 30 minute after of the opening bell is always volatile.
is either you can catch the move there. or wait for an 1 hour for better or cheaper price.
- as always if you have any question feel free to leave me a comment here.
if you're enjoying my ideas please don't forget to follow me or hit the like
to boost the post. thank you guys and see yall soon.
DeGRAM | SPX500 shortSPX is near the major resistance level and a psychological level of 42,000.
The market is consolidating on the daily timeframe .
Notice, how the price pulled back from the resistance in previous testing.
Price action created a bearish harmonic pattern .
We anticipate further consolidation and a rebound.
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SPX500 Elliott Waves Analysis (midterm Expectations)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Previous scenario with leading diagonal was invalidated,
I switched to an alternative scenario that we formed wave ii in the form of a flat (3-3-5) and now I am waiting for continuation of growth, with a minimum target of 4300
to confirm the current growth, we must get a five-waves upward impulse
Entry: market and lower
TP: 4300 and 4500
after first target move ur stop in breakeven
SL: ~3600
RR: 1 to 2
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SPX500 Elliott Waves Analysis (midterm Expectations)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
My Main scenario that we forming leading diagonal,
where right now we're in wave of iv,
after that i will wait final upward movement in zone 4200-4300 before starting correction.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
SPX500 Next MovePair : SPX500 Index
Description :
Bearish Channel in Short Term as an Corrective Pattern
Exp FIAT
Buying Divergence
Bullish Channel in Long Time Frame as a Corrective Pattern and Rejecting Previous Resistance Level
If it breaks the Resistance Level and Retest then Buy
Break of Structure
DeGRAM | SPX500 shortSPX is at major resistance and a psychological level of 42,000.
The market is consolidating between 36000 and 42000.
Notice, how the price pulled back from the resistance in previous testing.
Price action created a bearish harmonic pattern .
We anticipate further consolidation.
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SPX500 > Bullish Outlook is Very Likely if the Support HoldsThe SPX500 is trading in corrective mode ahead of tomorrow's Federal Reserve interest rate hike meeting, which is expected to impact the asset class' price. Currently trading at 4000, considered a crucial support level and psychological round number, the price may resume its bullish trend after a correction.
The stability of support levels at 4000 and 3990 depends on the Fed's rate decision. If rates are hiked more than 50 points, the market may turn bearish, and if support levels break, the price may retest the consolidation breakout's top. Key levels to watch include 4000 and 3990.
I would appreciate your support and opinion of this idea. Let's watch the level mentioned with an eagle eye.
SPX is getting close to it's target boxThis was the title of the last update, which got deleted by the tradingview:
"SPX can still make a higher high next week - Jan 19th update"
I cannot attach the image but will post it another place, look for info under my bio
Since I get banned not even mentioning a site, I will post here only 1-3 times a week.
I don't want to waste my time on bringing business to this site.
SPX is near its completion move for the C wave up I have had for over than a week now.
Targets are at 4065, 4090 and 4110
We close near the first one; tomorrow is the PCE numbers report, which should move the markets.
But today, we didn't move on GDP numbers, when before, it was selling off on hot numbers.
So the real move might not come till actually the Fed meeting on the 1st.
We had a wall into the close, which is a bearish signal and usually ends up with a gap down the next day.
As long as we won't exceed Dec high, I'm looking for a move down to 3700 handle if not more.
Watch that yellow trendline, it's been a bear-bull line since 2009, and the price is still below it!
Night
S&P500 Is Likely To Go LowerThe SPX made a false breakout. A false breakout means that the price attempted to break out of a pattern, or break support/resistance. The attempt is successful for a short amount of time, before the price goes back to where it was. This usually is a reversal signal.
For now i'm staying bearish, untill the price goes sideways or manages to break the resistance of the channel.
SPX has crossed 200 DMA for the fourth timeS&P500 has crossed above the 200 DMA for the fourth time.
It is a critical rejection zone that will decide the fate of bulls vs bears.
It would be better to wait for price to move above 4 % of 200 DMA before taking a bullish view due to the past rejections at 3.35% and 2.62% approximately.
I would consider 4,132 level to be safe for long trades and would stay bearish below this level.
SPX Daily TA Cautiously BullishSPXUSD daily guidance is cautiously bullish. Recommended ratio: 80% SPX, 20% Cash.
* GOLDEN CROSS WATCH . US December CPI came in 0.1% lower than in November (which saw a rise of 0.1% from October), whereas Core CPI came in 0.3% higher than in November (which saw a rise of 0.2% from October). The UofM Consumer Sentiment Index (Preliminary) for January is currently 64.6 , up from 59.7 in December. The current GDPNow US Q4 GDP estimate is 4.1% , up from 3.8% on 01/05/23.
It seems as though markets are pricing in a "turnaround in inflation", but with Russia/Ukraine and ongoing supply chain disruptions from China it is likely premature to make such an assessment. Additionally, CPI is conflated and this is largely because the cost of gas has been falling in recent months; this is due to to a combination of: weakening demand from China amidst record COVID cases and resulting lockdowns; a price cap on Russian oil; a dramatic slowing of travel in the winter season (US); and lingering effects of the US government tapping into the SPR. Russia deciding to ban oil exports to any organization or country supporting the $60 price cap begins on February 1st and the next OPEC meeting could result in a cut to production in effort to boost prices.
Cryptos are mixed. US Treasuries are up.
Key Upcoming Dates: US December PPI at 830AM EST 01/18; US December Retail Sales at 830AM EST 01/18; Next GDPNow US Q4 GDP Estimate 01/18; US Federal Reserve Beige Book at 2PM EST 01/18; US December Building Permits and Housing Starts at 830AM EST 01/19; US Federal Reserve Governor Lael Brainard (FOMC member) Speech at 1:15PM EST 01/19; US Federal Reserve Governor Christopher Waller (FOMC member) Speech at 1PM EST 01/20. *
Price is currently testing the 200MA at $4k as resistance. Volume remains Moderate (moderate) and has favored buyers for the last four sessions as Price trades in the Point of Control. Parabolic SAR flips bearish at $3810, this margin is mildly bearish. RSI is currently forming a soft peak at 61 as it approaches 68.42 resistance. Stochastic remains bullish and is currently trending sideways at max top (it can remain in this 'bullish autobahn' for a few sessions). MACD remains bullish and is currently trending up at 14.5 as it breaks above the uptrend line from March 2020, if it can sustain this momentum then it will likely test next resistance is at 33.08. ADX is currently trending up at 15 as Price continues to trend up, this is mildly bullish at the moment.
If Price is able to break above the 200MA with conviction, the next likely target is a retest of $4058 minor resistance . However, if Price is rejected here, it will likely test the 50AM at $3913 minor support . Mental Stop Loss: (two consecutive closes below) $3913 .
SXP500 Buy / Sell ??Pair :- SPX500 Index
Description :-
After CONSOLIDATION Phase it made a Long IMPULSE Move in Long Time Frame
We also have BREAK OF STRUCTURE
In Short Term we have Corrective Pattern " BULLISH CHANNEL " we need to wait until it Breaks the UTL or LTL
We need Strong Rejection / Breakout from DEMAND / SUPPORT then we can have a Clear Direction