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Spxshort

SPX to hit 3802-17I missed am short, now waiting for 3802-17 to go long. Wont rule out a move down to 3750 tomorrow before FOMC The way I see it is that we will bottom today tomorrow and rally back to 3880+ after the FOMC decision, then completely erase the move by Fri. Should bottom on the 17th and rally up into EOM early Oct, then continue lower Dont try to trade this, very choppy designed to take both sides. I got chopped with stops here, now entered with short and exit at my 3802-17SPX level P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPXShort
by RealTima
6
SPX to retest broken trendline from the bottomMain resistance for the SPX is: - 3942 - 3952-60 Support cluster is still the same: - 3802-3817 - 3750-55 and much lower (check my last SPX update) Im currently long ES and some SPY calls and will be adding to my swing short NQ position tomorrow and ideally on Wednesday. - 3955 and 3975 are the 2 numbers where I will be adding to my short position. In case of a super bullish case (like the one in NQ going to 12700), next resistance level to short is: - 4025-35 So far Im looking for lower level, again please see my latest SPX update (link above) And I think there is one big move down is coming up very soon. Ideally we bottom on the 27-29th and rally hard into early Oct where we should see lower prices printed before this is over and another 11-14% rally starts Have a good night P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPX
by RealTima
4
SPX weekly closing day - Fri updateHi everyone! Im still battling with timing on the high and potential crash this/next month. We either bottom this month, we have interest rate decision on the 21st and then up into Oct 3rd week where the turn suppose to happen and last into EOM or even Nov. My timing showing a low in Oct/Nov. There is a chance for us to see 4425! but the lows we just had must hold, then that high will be early Oct. But there are several supper strong resistances to overtake: - 4085 - 4125-35 - 4308 - 4385SPX My fib calculation as well as previous calculations support this possible pathway, then the Oct/Nov low will be in 3240SPX zone!!! - There is also a 61.8 retracement at 3195SPX off 2020 Mar lows! - This move up will be a perfect C wave up of the bigger B wave in case we made A high in Aug (I have this pathway outlined in green count) My main count is still to hold 4125-35 and ideally stretch to 4200SPX before serious selling into EOM. - I have Panic month on Oct in SPX and Sep for the DOW. Interesting thing is SPX had a panic month on Sep as well, but cycles have moved it to Oct now. But I want to be open for a potential screw up of the bears and making the bulls believe we are on the pathway to ATHs (again). That alone will screw up so many! Ideally we make a higher monthly close in Sep and intraday high early Oct, then the cycles will match with the turn in Oct where we can have a huge sell into MidTerms. - Then we should rally into EOY to do a damage control and top out in Jan. Im still battling about Santa Rally as this year is completely different from others. - Also energy and food crisis in Europe might put a lot of pressure into the markets, unless there is a bigger war erupted and the European money will flow into the US. Which I do expect to happen next year or 2024... So lets talk about tomorrow, so I can go to sleep: Today's close was into the wall with last 10 min pump, that usually ends up in following day being red, at least first part of it. Also closed below intraday highs = not bullish. - Needs a gap up above 4020 (and ideally 4030) or we should see lower levels tomorrow. Im short into tomorrow from the close and some from AHs highs, half position. Last few weeks we dump big on Friday's, will it repeat tomorrow? My bet is yes. Tomorrow is a turning day! Ideally we see a higher low tomorrow and reverse hard into last hour or 2 of the day and never look back, that would setup a move for much higher next week Its VIX OPEX on Wed, triple witching week 200MA here on 4h chart is the ideal target for this move! - Or 4125-35 and ideal at 4200+ for the top of this move this month Tomorrow resistance is at: - first resistance 4020SPX - Main resistance to take 40350SPX - 4085SPX is the closing resistance for higher levels early next week The only real support I have now is low 3800 cluster, if we test 3885-3900 again it will slice it imo. So lets see if they can push it up and save the day before and at least the OPEX and the interest rate decision on the 21st. Have a good night! P.S. Dont forget to like my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
SP:SPX
by RealTima
8
SPX must take 3997 to continue higherVery important to get above 3992-97 tomorrow to continue this move up! If we reject it in am, very dangerous sign. Ideally we go up into that target, then retrace and go above 4k level. The price penetrated my support cluster zone (3910-50) and (very important) closed above all 4 supports we broke today, its bullish. The issue is, we need a confirmation and trade above Thursday close. Also the 3992-97 resistance zone! Last time we failed that test, the rest is history. So tomorrow numbers are going to be an important market mover imo, Projected high is on the 5th, low is on the 7th and high is on the 12-13th, ABC like move up is what Im expecting Main resistance is at 4025SPX and the 4076-80SPX Very important - the surprise is on the downside! This has a potential to crash hard, have stops! Have a good night
SP:SPX
by RealTima
25
US500 BEARISH OUTLOOKAfter the speech of Fed chairman Jerome Powell last Friday, on which he clearly stated that the main goal of Federal Reserve is to stabilize prices and will remain hawkish on interest rates, expectations of increased strength of the USD made big portion of the investors to sell their shares and increase the amount of dollars they are holding, which plummeted the price of S&P500. RSI indicator is below 30 level and MACD is below zero as well, which also indicates a bearish trend. The instrument broke the support at 4109 and continues to decline. If this pattern continues, the instrument might test its levels at 3940. Otherwise, if the trend reverses, the price might test levels at 4060. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
UShort
by legacyFXofficial
SPX hit 4308.50 target!Ideal target has been met! Watch to close below 4308.50, ideally we close red, tomorrow will be a bigger sell off with the bounce on the 18th. The target zone is at 4300-33, it can stretch into 20s, I will short it there, or short if we close below 4308.50 Timing should be right as per my last night update. I will post a zoomed out chart after the close with the expected pathway into Oct low. One thing to mention is I wont be holding any longs after end of this month! Sep can produce a good crash, you've been warned!
SP:SPXShort
by RealTima
2
SPX gap fill is at 4300.16, maj resisatcne is at 4308.50Its a turning day tomorrow, the 16th, expect it to be an intraday or a closing high. Super close to the Gap Fill at 4300.16 and my main target/resisatnce at 4308.50. Had that number since Jun, didnt expect it to get hit mid of Aug but EOM or first days of Sep. Timing for the low is on Aug 26th and I expect 4010-30 to hold! Might get to 4050-60SPX only, will calculate target when I see that we topped. 4200 will have to be lost at min, today this number could rise. This Fri Max Pain is at 405 SPY, something to watch! So I was thinking if we see a low on the 26th, then there is a high chance we stretch into the Sep OPEX for bear max pain and suck every bull in at 4425-35SPX. That was my ideal target before we saw lower in June, now its secondary target.
SP:SPXShort
by RealTima
13
SPX is at 100% extension still see the whole move as bear rally- VIX gave a long signal and short signal for the markets, same as we had on the 29th of July. Tomorrow we have a directional change as well as Fri with clear low on the 16th. I would like to see a good move lower starting tomorrow or Fri and a gap down on Monday. Volatility spike on Monday supports my view on this possible outcome. And then reversal day on Tuesday with lower low in am and higher close then Monday to mark a temp bottom. Im swing short both ES (under the water) and NQ AH's. I did trade NQ and ES on the long side last night and woke up to some very nice gains, happy with seeing a good long setup last night. So my paper loss on the ES short was very well offset today, not counting every day day trading. Im fine holding those shorts with no stop for now. Can we extend, 100% we can if it wants too and my ideal target still seats at 4308-30SPX. Please note that we are supper close to my min target I had for second month now - 4225SPX (very close and I wont be upset that we wont hit it:). I didn't expect that we get there on a straight line with such low pullbacks, but we did. And I'm trapped with some swing ES short for second week now (which is fine with me as I day trade through the day with NQ and make all that paper loss back with both long and short trades, like I did from last night entry) My downside targets are the same - 4012-28 and ideal 3992 and 3950SPX. All we need is to break 4125SPX Important levels (on closing level) for tomorrow and rest of the week to watch are: Support, Daily: - Maj is at 4135 and then 4079 on closing level - Air below 4079 all the way to 3860-70SPX and 3810-20SPX Weekly: - There is only one support on weekly level and its at 3636SPX Resistance Daily - Maj is at 4308SPX - Air above 4308 all the way till 4460SPX! Weekly Resistance is at 4385SPX I will update NQ chart tomorrow, it was updated to those who are on my email list though. Enjoy/Share/Like
SP:SPXShort
by RealTima
2
SPX 500 IdeaThis set up is based on objective price action that the market does daily. Once you know the timeframe when the algorithm will operate and run on its MICRO Program ( a short list of actions that engage for a specific area of liquidity or to a time where an imbalance can be filled), then you can pinpoint exact candle pattern clues that give us the edge when price will begin to trend from areas of INSTITUTIONAL STRUCTURE (Gaps found on the 1hr and Daily are great starting points) In the Morning Zone price will leave clues. Watch for bullish fake out moves right before 12am EST 12am-2am price will reach fast and furiously for BUY SIDE LIQUIDITY. (This is the FakeOUT.) The True bias will present for a short entry. Price should not come back to your entry. Set a 10 pip SL as your Safety Net. Now lets see if price follows the script! Never over leverage. Trust Your Trade Set Up. Have Fun! I Am Pro Trading Made Simple
BLACKBULL:SPX500Short
by Master-Jedi-Trader