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SXP

S&P Kissed 5000 levelUSD: S&P 500 at 5000 US asset markets are having a good few weeks. Equity benchmarks are pushing up to fresh highs and last night's US 10-year Treasury auction saw decent demand. Leading the charge in US equities has been the big tech stocks. Just looking across the consensus price targets of the 'magnificent seven', the targets remain anywhere from 6% (AAPL) to 20% (AMZN) above last night's closing levels. The only one of the seven with a lower price target is Nvidia, where this year's 50% rally has overshot a price target largely there since last summer. Whether the psychological 5000 level in the S&P 500 now proves something of a hurdle remains to be seen. But from the equity analyst community anyway, the consensus is that there is more to come. After the Fed/Powell pushed back hard on a rate cut in March, and, the payrolls data reinforced the message, the market's attention is shifting to the May meeting probabilities. We believe the Fed’s hiking cycle is complete and that the Fed will remain on hold at the current Fed funds rate range of 5.25-5.5% until the first 25bp cut in May, after which we expect 25bp cuts in June, July, and September followed by quarterly cuts until the terminal rate range reaches 3.25-3.5% in September 2025, although the risks are skewed toward a June start to rate cuts. On balance sheet policy, we expect the Fed to announce that it will start tapering the pace of balance sheet runoff in May and to end runoff in 1Q25.
OANDA:SPX500USDShort
by Elite_Forex
BUY SXPUSDT 🟢🚀 Premium Crypto Signal Alert! 📈 🔔 Signal: BUY Asset: SXPUSDT 📈 Technical Analysis: The SXPUSDT pair has generated a strong buy signal as it closed above the 200-day moving average, indicating a robust bullish trend and it has demonstrated remarkable strength by consistently staying above 0.40 for an extended period, establishing a solid support point. 📊 Trade Details: Entry Point: Current market level "≈0.40" Target 1: 0.90 Target 2: 2.6 📈 Trade Analysis: The 200-day moving average crossover signals a potential upward momentum. Sustained trading above 0.40 showcases a substantial support level, enhancing the overall bullish outlook. Targets of 0.90, and 2.6 present lucrative profit potential. 💡 Risk Management: - Only use 5%-10% of your capital for this trade to mitigate risks. - Do not invest your full capital; it's important to diversify and manage risk exposure. - Consider setting a stop-loss at an appropriate level to protect your investment by regularly monitoring and adjusting levels as needed. - Successful trading requires patience. Allow the trade to develop and avoid impulsive decisions. 🔄 Additional Buy Zone: - Be prepared to identify and utilize another buy zone if market conditions require it. Flexibility is key in adapting to changing trends. ⚠️ Spot Trading vs. Futures: - Spot trading is a safer and more controlled approach, allowing for better risk management compared to the higher volatility and speculative nature of futures trading. - Exercise caution and consider the potential risks associated with leveraged instruments. 🚨 Disclaimer: Trading involves risks, and past performance does not guarantee future results. Exercise caution and conduct your research before making any financial decisions.
Long
by obeiibra
SXPUSDT Double Fibonacci Resistance and Potential GainsSXPUSDT showcases a transition from supply to demand zones, successfully respected within its price action. Notably, the bounce off the 61.8% Fibonacci retracement level, coupled with the subsequent rebound from the 38.2% support and the clean bounce off the simple uptrend trendline, indicates the initiation of an upward wave. As a result, our forecast anticipates SolarNetwork to persist in its upward trajectory towards the double Fibonacci resistance area near $0.54. Should this level be attained, traders and investors could secure a solid 30% gain.
Long
by CryptoPAMM
SXP/USDT Bullish horizons? 👀 🚀 SXP Today analysis 💎 Paradisers, take note of the promising developments with SXPUSDT, as it exhibits a compelling bullish pattern. The asset has recently surpassed a key supply level, hinting at a heightened likelihood of a bullish trajectory. 💎 Observing its historical performance, SXPUSDT has consistently adhered to its trendline, breaking above it to initiate an upward trend. Currently, it's making strides above the .3630 supply level, suggesting a potential move to challenge the bearish Order Block. 💎 While some market newcomers might be considering short positions at this juncture, astute traders should stay informed and ahead of the curve. 💎 Should SXPLUSDT falter in maintaining its upward momentum, a bullish resurgence from the .2944 level could be on the cards. However, a break below this point may lead to a significant bearish movement.
Long
by MyCryptoParadise
SXP USDT Trade Alert - It's Not Too Late! 🚀 SXP USDT Trade Alert - It's Not Too Late! 🚀 Trade Analysis: Entry Point: Apologies for the late update, but it's not too late to enter a long position. Trade Details: Pair: SXP/USDT Action: Buy Entry Price: Current market price 🎯 Profit Targets: Target 1: 0.2789 🎯 Target 2: 0.2883 🚀 Target 3: 0.2967 💰 Target 4: 0.3040 🚁 Risk Management: Protect your investment with a Stop Loss at 0.2609 ⛔ Opportunity knocks, even now! 📈🚀🌟💼🌠
Long
by Bitxer_PK
SXP/USDT Poised for Bullish Journey | SXP Analysis Today💎Paradisers, focus on SXPUSDT! We've noticed its unwavering stance, firmly anchored at a key support level, and primed for a potential upward swing. 💎In the past, SXP has been operating under a distinct descending trendline, which has repeatedly acted as a significant barrier. Yet, a recent momentum shift saw it breaking away from this confining trendline. 💎As it currently retests its support, we're optimistic about its prospects to challenge the 0.3669 resistance once again. If it breaches this mark, the gateway to an elevated resistance zone opens up. 💎Conversely, if SXP undercuts the support, a continued bearish trajectory might be on the horizon. 💎Enhance your trading decisions for Solar with ParadiseFamilyVIP. Dive into our expert perspectives on SXP and other potential tokens, elevating your crypto strategy.
Long
by MyCryptoParadise_Simon
SXP/USDT Zone for Bullish Turnaround?SXP today analysis 🚀💎 Attention Paradise! Keep your eyes peeled as we’ve observed SXPUSDT operating in a demand zone, gearing up for a possible bullish transformation! 💎 Diving deep into this analysis, we’ve noticed it’s forming a falling wedge pattern and is on the brink of a breakout. If the price pierces through the channel upwards, we can expect a substantial bullish movement for SXP. 💎 On the flip side, if the price breaches strong support, we foresee a potential downward shift in price. 💎 In either scenario, if you’re contemplating a trade, ensure to implement a proper stop loss and approach the trade with prudence and discernment! Stay sharp and make your moves with informed precision and insight! 🌴
Long
by MyCryptoParadise_Simon
SXP BUY/LONG SETUP (1D)SXP has entered an uptrend after a very large decline from where I put "The start of the upward movement" on the chart. It has formed bullish CHs and BOS and has undergone a correction after hitting important resistance. It has formed a liquidity pool in the lower range, which by collecting this pool and hitting the OB, which is our order block and the origin of the upward movement, can move towards the announced targets. I specified the targets and invalidation level. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
2
🔥 SXP Crazy Bounce Idea: Support + Bullish DivergenceSXP seems to have found (temporary) support alongside the diagonal purple support line drawn on the chart. This reversal trade idea is based on the idea that this support will hold and cause a bounce, helped by the bullish divergence that's apparent on the RSI. The high of the last couple of days is around 0.335, so we're going to wait for a daily candle to close above that area to initiate the trade. Stop under the recent lows. With a target at the April highs we can construct a very good trade with extremely high Risk-Reward.
Long
by FieryTrading
16