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Us500

ES1! SPX500USD 2023 MAY 15 WEEKCME_MINI:ES1! Are we seeing the bearish ascending triangle already? As with NQ, tendency to take rotational trades has diminished. Scenario Planning: 1) If market remain within 4163 - 4118 = No trade 2) Larger rotation 4198 - 4068 = trade at boundary of range Volume Analysis: Weekly: Lower vol down bar close off low = some demand present Daily: Lower vol down bar close off low = some demand present Price reaction levels: Short = Test and Reject | Long = Test and Accept 4303 4198 4163-4118 (No trade zone) 4065 Remember to like and follow if you find this useful. Have a profitable trading week. *For educational purpose only.
CME_MINI:ES1!
by paradox677
S&P500: 4H Death Cross forming and can be short term bullish.The S&P500 is on a tight 4H range with 4H technicals neutral (RSI = 47.011, MACD = 1.690, ADX = 20.555) inside the Megaphone pattern. By Tuesday we should see a 4H Death Cross completed, which even though technically bearish, it made a short term rebound on the last two occurencies. As long as S1 holds, we will target the top of the Megaphone (TP = 4,220). If the bottom of the Megaphone breaks, we will target the S2 (TP = 3,925). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
15
US500 H4 | Approaching 78.6% Fibo resistanceUS500 could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 4159.10 Why we like it: There is an overlap resistance that aligns with the 78.6% Fibonacci retracement Stop Loss: 4186.60 Why we like it: There is a swing-high resistance Take Profit: 4107.30 Why we like it: There is an overlap support close to the 50.0% Fibonacci retracement Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
UShort
by VantageMarkets
S&P500 Trade the Megaphone's breakoutThe S&P500 is trading inside a Megaphone pattern, which in December 2022 broke to the downside and hit Fibonacci 0.236 of the Channel Up. With the 1day MA50 supporting however for 40 straight days, it is equally probable to see an upward breakout. If the price crosses over the Megaphone, buy and target the top of the long term Channel Up at 4350. If it crosses under the Megaphone, sell and target the bottom at 3950. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US500
by TheCryptagon
10
US500 Will Collapse! SELL! My dear subscribers , US500 looks like it will make a good move, and here are the details: The price is coiling around a solid key level - 4125.0 Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Goal - 4097.9 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
CAPITALCOM:US500Short
by AnabelSignals
7
spx 900Good morning esteemed individuals, bag holders, and exit liquidity providers. In my previous post, I dissected the Dow Jones and received a plethora of animosity for it - thus, I have returned to impart additional truths upon the disgruntled boomer brethren, much to their chagrin. --- Within Elliott Wave Theory, the third and fifth waves typically exhibit a notable bearish divergence, as elegantly depicted in this 12-month chart. Higher degree Wave 4s often retrace to the territory of the preceding degree's Wave 4. To affirm the culmination of the 13-year movement spanning from 2009 to 2022, one may peruse my post below: Note that, at the time, I was observing the market through a rather conservative lens, failing to consider the myriad of appalling truths I have since unearthed regarding the system to which we all regrettably belong. --- What lies ahead surpasses the darkest depths of our current imaginations. You, the one in denial, shall bear the brunt of the impact. --Brace for the worst, and may fortune favor your 401k.
SP:SPX
by notoriousbids
2
ES1! H4 | Falling to 38.2% FiboES1! is pulling back towards a key overlap support and potentially reverse from this level. Price could hit our buy entry at 4072.50 and bounce up from here. Our stop loss will be at 4023.00. The take profit level will be at 4158.00 which is an overlap resistance. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
CME_MINI:ES1!Long
by Rockqet
US500 H4 | Falling to overlap supportUS500 is falling towards a key support level and reverse from here. We could see price bounce up to our take profit target. Entry: 4058.45 Why we like it: There is an overlap support at the recent swing-lows Stop Loss: 4016.35 Why we like it: There is an overlap support Take Profit: 4132.25 Why we like it: There is an overlap resistance that aligns with the 61.8% Fibonacci retracement Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
ULong
by VantageMarkets
S&P500 The weekly chart puts everything into perspectiveAlmost 2 months ago and the S&P500 (SPX) hasn't diverged from our original idea, after buying the bottom of the 6-month Channel Up: We believe that looking into the 1W (weekly) time-frame again will help at giving a fresh outlook and technically the best illustration of the current situation. First we narrowed the Channel Up to the candle bodies and treat the wicks as pressure points only. As you see, the 1W MA100 (green trend-line) is the key element here as it has been the Resistance since the 1W candle of August 22 2022. The price came very close to breaking it on three 1W candles: September 12 2022, January 30 2023 and last week (May 01 2023). Our trading plan is simple. If SPX closes a candle above the 1W MA100, we will buy the break-out and target the 4327 Resistance (August 16 High). Until then, we will wait for 4020 and buy at the bottom of the 1 month Megaphone pattern, approximately near the 1D MA200. In that case the bullish target will be the 4195 Resistance. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
U
by TradingShot
1
Fears from banking sector might be about to spread elsewhereFollowing the last FOMC meeting, notable developments in the stock market took place. First, volatility increased significantly among regional banks, seeing shares of companies like PacWest Bancorp, Western Alliance, Metropolitan Bank, and Home Street plunging by high double-digits. These declines, however, did not last long, and financial institutions recovered much of their post-FOMC losses in the past three trading sessions. Then yesterday, these companies soared during the pre-market and got sold off during the regular trading hours. Interestingly, these erratic moves follow Jerome Powell’s reassurance (from a week ago) that the banking system is “safe and sound” and making progress toward recovery. While this might be true for major banks that are well-positioned to weather the storm, regional banks are still at risk of spreading contagion that can lead to a domino effect (similar to the one we saw last year in the cryptocurrency market with the bust of Celsius Network, Voyager, FTX, etc.). As a result, this might lead to more broad fear in the markets, especially once more economic indicators will start to worsen. On the topic of these indicators, so far, an extremely low level of unemployment has been used as an excuse by many economists to say there is no recession ahead (despite history being full of examples when extremely low unemployment preceded the start of a recession). Therefore, we do not consider low unemployment a reliable indicator to assess that the U.S. economy will dodge a recession (also bear in mind that a person not actively seeking a job is not counted as unemployed). Overall, we would say that labor market data show a lot of discrepancies that could suggest otherwise (a growing number of continuous jobless claims, a declining number of multiple jobholders, etc.). In addition to that, rate hikes tend to affect the economy with a lag (often noted as a lag of between 6 to 18 months), meaning the economy still has not felt the effect of the number of previous rate hikes, at least since November 2022 (equal to at least 100 basis points). With the FED’s target of a 2% inflation rate still being very distant, we think interest rates will be required to be held higher for much longer than the market is pricing in at the moment. In fact, we believe there is still a very high chance there won’t be any rate cuts in 2023. Accordingly, we expect this realization among investors to lead to a big repricing event we mentioned before. As such, our price target for SPX stays at $3,500. Illustration 1.01 Illustration 1.01 shows the price action of particular banking stocks in yesterday’s pre-market. Illustration 1.02 Illustration 1.02 displays the unemployment rate in the United States. Yellow arrows indicate extremely low levels of unemployment that preceded lasting periods of elevated unemployment. Technical analysis gauge Daily time frame = Neutral/Slightly bearish Weekly time frame = Neutral *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Illustration 1.03 Illustration 1.03 shows continuous jobless claims. The metric is up approximately 40% since September 2022 and about 10% since the start of 2023. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
SP:SPXShort
by Tradersweekly
15
50 years of chop.good morning, --- what if i told you right now, that the stock market was about to enter into a 50 year correction? you'd probably dismiss it right away and go about your day, and that's natural, i get it. --- i'm not here to appease to your overall bias - in fact, i am here to directly oppose it. --- what i'm bringing to you today, is the idea of the completion of the primary third wave in the stock market. >if one looks at the yearly picture, one will notice a bearish divergence between the intermediate 3rd and 5th wave, of the primary degree wave (3). >this is highly indicative that the wave has indeed been completed. --- i am estimating that the 4th wave takes roughly 50 years to complete, and i theorize that it has begun as of the recent top in 2022. the original author of this idea was robert pretcher (the writer of elliott wave theory principle), this idea was initially introduced to me by my mentor, @bitdoctor a few years back. it has lingered in my mind through out the years, it has haunted me every single day as i have been looking for ways to confirm or find a way to invalidate it. as of today, i believe i have the necessary data to prove their original theory to be in fact, true. --- >this doesn't mean that we can't make a new high, in fact that is not what i'm trying to say here at all. >what i'm simply stating here, is that there's an extremely high probability that the stock market is going to move sideways for the next 50 years. >i might even be early a few years here, so please don't use this idea as any kind of financial advice, because quite frankly - it is very far from it. --- the minimum downside target for the macro fourth wave, is the previous degree wave 4 territory, which in this case sits between : $7,000 -12,000. 🍒
TVC:DJI
by notoriousbids
4
S&P500: The Megaphone gave us the perfect BuyThe S&P500 gave us the buy entry we were seeking at the bottom of the Megaphone, which happened to be on the 1D MA50 as well, a standard support level on uptrends. The 1D technicals are neutral (RSI = 52.091, MACD = 17.390, ADX = 22.702) which indicates that there is upside potential to this move. On our latest trading plan we set a TP = 4,200 and this is intact. On the long term the Channel Up is targeting R2 (TP = 4,330) which is the August 16th 2022 High. If the price pulls back we will buy on S2 (3,925). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
14