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SPXUSD

SPX Outlook for this next two weeks.Perhaps there are a thousand more scenarios although I can see how the index has been losing momentum. Could it be that the market stimuli have not been sufficient and we are facing the continuation of the correction? I have drawn in yellow my main idea, that this is falling apart again. In another colour, a kind of orange, the idea that the market is still sleepy and that can go higher (I can not imagine how, but the probability exist. What are your thoughts? What part are you on? Thanks!
SP:SPX
by harribatu
1
SPX 500 | Be aware of the 200 MA | Cup & Handle PatternHey guys, Please support this idea with a LIKE or COMMENT if you find it useful. After an in-depht Analysis of the SPY and the Big players with the biggest Market Cap, i would like to share this with you: Today we saw a little Market weakness from AMZN, GOOGL, SHOP, NFLX,FB with a little sell off after we hit the overhead resistance. But the SPY seems strong and the levels intact. RSI also pointing forward. This could be a potential sign for a retracment from the 100 & 200 Moving Averages. That means we currently forming a new range where the market looks for a support which is has found at around 2700 Points. Be careful when we reach this level and we dont have market strength behind us. Then in my opinion we could see a pull back to around 2400 BUT remember PRICE ACTION tells the Story not the News. So if we get a Volume spike when approaching those upper levels its a good sign for staying Long and Optimistic with this specific Asset. Im staying LONG but with a tight stop loss to keep my gains!! Remmber this is only my Opinion and in no way financial Advise - Keep doing your own Research and never forget to keep a tight and proper risk managment in place. Thanks for taking your time to read this! Sincerly, Sebastian - Trading Experts EU TVC:SPX
SP:SPXLong
by Sebastian-TradingExpertsEU
Eurodollar and the SPX Short Quick Post VII haven't been the best at naming my SPX/Eurodollar posts, but it seems that this is my sixth post on the matter over the last yearish. So far my most accurate calls on a macro level have been using the movements in the eurodollar to predict what will happen with the S&P and therefor the broader market. I am going to start on the S& 500 and it is just going to be charting, the linked posts will show some more TA and indicators. The main chart shows a rising wedge on what looks to be a flagpole and a pennant with targets shown for full performance on both the wedge and flag pole. Price action slipped the wedge and support flipped to resistance if you do simple candlestick analysis on the main chart. SPXUSD, the almost 24/5 CFD on the S&P, has a horrendus amount of bearish divergence on the MACD, MACD histogram, and RSI. The hammers show what I expect to repeat rather soon. Likewise, the Eurodollar post shows the targets for a flagpole and pennant. this has the eurodollar going above 100, which means negative interestrates in what is in effect the true researve currency of the world, because it is the unregulated dollar outside of the US. Japan and China are extra-ordinarily exposed to the eurodollar so this will get interesting. Expect a lot of extra-ordinarily bad news out of those countries in the upcoming year. And that is relative to other countries going through the second great depression. Generally I would need a lot more confirmation of breakout on the eurodollar chart, but the macro-view is strong, and the chart fundamentals are strong that the eurodollar will at least reach the target on the symmetrical triangle. Conclusion I am bearish, very bearish. Not financial advice, as I am just a guy making and losing money learning how to chart and trade. I have been swing trading SPXU and SPXL to great effect but I cannot recommend it for most people unless you want to start grinding the fillings out of your teeth. I have already passed that phase, it wasn't a happy time.
SP:SPXShort
by This_Guhy
1
S&P500, Keep an eye on it to shortAs I published an early forecast on my channel (Tuesday 16th Apr.); This week we are expecting some evidence for the starting of the (possible) 3rd wave; Which has the potential to go to break the 2000 handle. I will update this idea when I found a nice trade setup. 💬 Please let me know your perspective on this Happy Trading & stay green! ✌️ ➖➖➖➖➖➖➖➖➖➖➖➖➖ 🔗 Check out the "Related ideas..." in the links below too ➖➖➖➖➖➖➖➖➖➖➖➖➖ 📌 Kindly note that Forexian is not a signal provider. The published idea is ONLY our views and analysis of the market! Forexian does not take any responsibility for your decisions and/or trades.
FOREXCOM:SPX500Short
by Forexian
S&P 500: Resistance not yet hitHello guys The SPX is still moving upwards in a rising wedge. As pointed out already in my last idea, it is likely we are going to continue moving upwards and we may hit resistance at around 2950 to 3000 points. As the smaller moving averages continue to rise I personally think the possibility of another huge drawdown is slowly decreasing. Even taking out the downtrend line on to a further high, the SPX still managed to break it and gain some distance after the apparent short term downwards trend. In the short term, the 0.5 and 0.618 as well as the 0 retracement are going to be areas of support, the 1000 MA on this 4h is probably going to be an area of resistance. For this week, my outlook on the S&P 500 is still rather bullish, even more than last week. Keep in mind I am not making any comments about fundamentals. Let me know what you think!
OANDA:SPX500USD
by pming