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Spxshort

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
SPX 500 index: local peak at 3850 - key turning point: Today we're here to talk about the SPX 500 index Today: The index is trading at 3795 and yesterday we saw the market attempt to move up to the 3850 level. Here is a link to the idea. Today, market participants will continue to push the market to the 38 50 zone. Where I expect the formation of a new local peak. Today we are waiting: Today, like yesterday, we are waiting for an attempt to move to the level of 3830 - 38 50. What I recommend: If you want to go short: It is better to open short positions from the level of 38 35, but limit your losses. If you want to buy: Buying now is too risky. If you want to buy, it is better to wait for the bottom of the market around 3550 - 3480 and buy there. If you are not in the market: You can try to go short from the 3835 level or wait until the market bottoms around 3550 - 3480 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge and subscribe to me, and you will always be aware of the movement of the SPX 500 index. See you next time! Bye!
SP:SPXShort
by kvatoo_FX
3
Understanding The SPXThe hot focus at the moment is on the FED and their MPC decisions. We are seeing now that the rising of rates is to SLOW the economy and drag inflation down. The problem is this is rarely ever a fast process and markets can drift for a long time to the downside. Market crashes can last a long while and it is important to trade IN LINE with sentiment. There is no good lumping in when the sentiment surrounding the particular Asset Class you are Trading is poor. Take decisions on your size in a risky market. Understand what is going on and trade accordingly. This is how you maintain solvency and profitability regardless of the swing in market price.
CME_MINI:ES1!
by WillSebastian
SPX short term is bearish, medium term is bullish!SPX is simple here, short 4165-80 Zone, buy low 3900 for the move up to 4300! Im looking for a bottom early in a week, ideally by Tuesday and move up to at east 4215SPX and ideally to 4300 before a test of 3885-90SPX On the other hand we could see 3885-90SPX next week or pre-Fed and move up to 4300+ into early July high Buy zone for tomorrow with stops! - 4060-65SPX - 4055SPX light level of support - 3927; 3908SPX - 3885-90SPX is the main buy zone - 3850 and 34 must hold on any try or it falls apart (main support, not expected to get hit any time soon) Short - 4175-70SPX and 4215-25, no short above 4225, next target is 4300
SP:SPXShort
by RealTima
1
SPX/USD Daily TA Neutral BearishSPX/USD Daily neutral with a bearish bias. *Janet, Jerome and Joe all got together yesterday and it's fair to say they all agree they want more pain before more gain ("do anything it takes to bring down inflation"), and they want it mainly to be done through monetary policy (Fed). Fed also started rolling off TS and MBS today.* Recommended ratio: 40% SPX, 60% Cash. Price is currently trending down at $4100 after being rejected by $4175 resistance on the first test. Volume remains moderate and is on track to favor sellers for two consecutive sessions. Parabolic SAR flips bearish at $3869, this margin is neutral at the moment. RSI is currently trending down at 50.24 after getting rejected on a retest of 52.68 resistance. Stochastic is currently crossing over bearish at 91. MACD is currently testing the uptrend line from March 2020 at -44 after breaking out above -76.22 minor resistance. ADX is currently trending down at 23 as Price is attempting to continue rallying, this is mildly bullish at the moment. If Price is able to bounce here then it will likely retest $4175 resistance before attempting to test the upper trendline of the descending channel from November 2021 at ~$4400. However, if Price continues to break down here then it will likely retest the lower trendline of the descending channel at $4000 before potentially falling lower. Mental Stop Loss: (two consecutive closes above) $4175.
SP:SPX
by dailytaguy
SPX Planned Formation Update 5/23/22Right now we are experiencing the early stages of a big breakdown on the SPX I say this based on the formation provided, which has even been produced on a smaller scale for observation on the SPX chart A break down like this will be disastrous, but not the end of the world The formation provides bottom points along the dot come bubble, 08 crisis and what is yet to come. The Aptiv chart shows also a great representation of this within the Fibonacci circle, with a big extension (similar to that on SPX) leading to big downfalls to complete the broadening wedge pattern I have made charts of this in the past please check them out Above is the smaller formation VS the larger formation we can see on the Monthly timeframe Above is the original post
TVC:SPXShort
by Bixley
1
SPX500 index: Let's go to 3910 today!Today we are here to talk about the SPX500 index. What's on the market now: The index is trading at 40 13. And in the last trading session, we saw the price stabilize, as I expected earlier, here is a link to the idea. Globally, the index is moving towards the level of 3830 - 3780. What are we waiting for today: Today we expect a decline to the level of 39 00, and then an attempt to rise to 4100. If the movement to 41 00 is canceled, then we expect a sharp move to the 37 80 zone What I recommend: If you want to open short: I recommend you go short above 4100. If you want to avoid risk, going short above 4145 seems to me the safest. If you want to buy: Long positions are possible from the 3910 level, limit your losses. If you outside the market: You can sell above 4100 or wait until the market bottoms around 3820-3780. Like and subscribe, thanks! Also remember to contact me in 1 or 2 days for further trading advice. See you next time!
SP:SPXShort
by kvatoo_FX
1