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Us500buy

US500 M15 / Expecting a rise until the price of 5000 💲Hello traders! This is my idea related to the US500 M15. The sellers' sentiment is still strong, and I expect a new ATH until the price of 5000 after that, I will look for a shot trade entry. It represents a good opportunity to look for a long trade entry. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
CAPITALCOM:US500Long
by GoodTradeST
US Market Technicals Ahead (28 June – 2 July 2021)The second quarter is ending. Global stocks are on track to post their second strongest H1 gains since the turn of the century, but the second half looks harder to predict. All eyes turn to the US employment report on Friday, with investors hopeful for signs of improvement in the labor market after two months of slower than expected jobs growth. Meanwhile, the ISM Manufacturing PMI survey should point to a strong pace of expansion in factory activity, not far from March's 37-year high and despite the ongoing supply constraints. President Joe Biden’s $1.2 trillion infrastructure deal will continue to boost U.S. markets, but other concerns remain. Elsewhere, OPEC+ meets on Thursday with expectation to offer guidance into the coalition's production plan. Energy traders are anticipating another production increase as the demand outlook continues to recover. Here’s what you need to know to start your week. S&P500 (US Market) The benchmark index $SPX rallies to all time high, posting a weekly gain of +3.17% (+131.8 points), closing at 4,285 level. It is important to remain cautious of last week's rally as volume displayed was lacking, and seasonality is still in play. End of quarter 'window dressing' by portfolio managers could be a reason for the 'mark-up'. $SPX have now rebounded off the breach of its 20D and 50DMA (key levels highlighted last week), remaining within the trend channel established since early November 2020. The immediate support to watch for $SPX this week is at 4,135 level; a pivot low confluence with trendline support break. Jobs report The June nonfarm payrolls report is expected to show that the economy added 675,000 new jobs, pushing the unemployment rate down to 5.7% from 5.8%. With concerns over rising inflation and the strength of the recovery to the fore of investors’ minds, markets will also be looking at other labor market statistics, including wage growth and labor force participation. Last week Federal Reserve Chairman Jerome Powell reiterated the central bank’s commitment to encouraging a "broad and inclusive" recovery in the labor market, adding that there is still a long way to go, and that support is still needed. Economic data Ahead of Friday’s jobs report, markets will get updates on pending home sales, ADP private sector payrolls, jobless claims and ISM manufacturing activity. The ISM data is likely to underline strains on the supply chain that are pushing up costs, boosting the chances that inflation will remain at higher levels for longer. OPEC+ meeting The Organization of the Petroleum Exporting Countries and allies, known as OPEC+ will hold a series of meeting in the coming week to review the situation in the global oil market ahead of an official meeting on Thursday. Thursday’s meeting is expected to result in another boost in output as the demand outlook continues to recover. Oil prices climbed to their highest since October 2018 on Friday, putting both benchmarks up for a fifth week in a row.
U
by jfsrevg
US Market Technicals Ahead (14 June – 18 June 2021) The Federal Reserve two-day policy meeting is the main event event for the markets this week, although the central bank is not expected to take any action but maintain an ultra-loose monetary stimulus. All eyes will turn to comments from Fed Chair Jerome Powell for clues about the central bank's latest view on inflation. While the outcome of the Fed meeting will take the limelight, investors will also be looking closely at economic data on U.S. retail sales and producer prices for an update on the strength of the economic recovery. Here is what you need to know to start your week. S&P500 (US Market) $SPX rose +0.41% (+17.4 points) for its third straight positive week, closing at a all time high level of 4,250. Investors are giving growth stocks another chance as bond yields come down. The 10-year Treasury went below 1.43% on Friday, a three-month low. Stock markets are likely to tread water, with investors reluctant to take new positions ahead of Wednesday’s Fed statement which will be scrutinized for clues regarding its timetable for raising interest rates. $SPX continues to reflect a minor bearish divergence as highlighted last week. The immediate support to watch for $SPX is now at 4,165, a breakdown of its classical support, along with 20D and 50D major moving averages. Fed meeting Investors will be zeroing in on the Fed's statement at the conclusion of its two-day policy meeting on Wednesday against a background of persistent concerns over whether inflation spikes could pressure the central bank to start tapering its stimulus sooner than expected. The Fed has repeatedly said that near-term price spikes will not translate into lasting inflation and Chairman Jerome Powell is expected to stick to this stance and reassure markets the Fed’s policy will remain accommodative. While inflation numbers are rising, the recovery in the labor market remain sluggish. The economy added 559,000 jobs last month after gains of just 278,000 in April. That left employment about 7.6 million jobs below its peak in February 2020. Most analysts are not expecting the Fed to begin discussing scaling back its asset purchase program before its annual conference in Jackson Hole, Wyoming, in late August. Economic data Away from Fed meeting, the U.S. is to release May data on retail sales and producer price inflation on Tuesday. Also out on Tuesday is industrial production data which will be closely watched amid issues over supply constraints and labor market shortages. This could translate into increases in producer price inflation. The economic calendar also features reports on housing starts and initial jobless claims. Data on Thursday showed the number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly 15 months as the reopening continues. Meme Stocks Mania Meme stocks could also remain in the headlines after a volatile ride last week. GameStop ($GME) hit a high of $344.66 Tuesday and dropped as low as $206.13 Friday before closing at $233.34 per share. Besides meme stocks, Treasuries could also be in focus after an unexpected slide in yields. There was a major move in the rate of the benchmark 10-year, watched most closely by investors, as it influences mortgages and other important lending rates.
ULong
by jfsrevg
US Market Technicals Ahead (7 June – 11 June 2021)Investors will keep a close eye on Thursday’s U.S. consumer price data amid concerns that rising inflation could prompt the Federal Reserve to begin pulling back on stimulus. The consumer price report for May will probably show the inflation rate rising to 4.6 percent, the highest since September 2008 and well above the Federal Reserve’s target of about 2 percent. Meme stocks look likely to continue to grip investors’ attention after a wild ride last week. Markets will also be monitoring the progress of President Joe Biden’s proposed $1.7 trillion infrastructure plan, which has already boosted the industrials and materials sectors this year, leaving many industrials and materials stocks vulnerable to a selloff if a large spending bill in Washington fails to materialize. Elsewhere, the European Central Bank (ECB) is to meet on Thursday and may discuss tapering stimulus. Here’s what you need to know to start your week. S&P500 (US Market) The benchmark index ($SPX) kicked off the 2nd half of 2021 on a positive note, gaining +0.55% (+23 points) during the week. $SPX remains less than a percentage point away from recapturing its all time high level of 4,245 level. The past two weeks of low market volatility have seen $SPX trading in a range less than 36 points, the lowest since April 2021. In the meanwhile, $SPX continues to reflect a minor bearish divergence within its falling price volatility along with daily trading volume on its up-days as highlighted since last week. The immediate support to watch for $SPX is now at 4,150, a breakdown to the lowest price level traded over the past two weeks. Inflation threat All eyes will be on the latest CPI data on Thursday, after a much stronger than expected inflation number sparked a selloff last month, as many worried rising price pressures could force the Fed to begin unwinding stimulus soon. Friday’s jobs report indicated that while jobs growth picked up from the previous month wage growth also accelerated. This could bolster the argument that higher inflation may persist rather than being transitory, as is currently viewed by the Fed. The inflation reading is one of the last major pieces of economic data ahead of the next Fed meeting on June 15-16 and Fed officials will be in their traditional blackout period during the coming week ahead of that meeting. The economic calendar also features Thursday’s figures on initial jobless claims, which fell below 400,000 in last week’s release for the first time since the start of the pandemic. Meme stock frenzy The wild ride for meme stocks looks set to continue, after AMC ($AMC) shares ended last week with gains of more than 80% despite falling more than 6% on Friday. AMC has been at the center of a fresh wave of buying by retail investors who hyped the stock in forums such as Reddit’s WallStreetBets, breathing new life into a phenomenon that began with January’s more than 1,600% gain in GameStop ($GME). AMC, which was on the brink of bankruptcy not long ago, on Thursday completed its second share offering in three days, cashing in on a nearly 400% surge in its share price since mid-May. But most analysts say that the scale of the rally is out of line with AMC’s fundamentals and high valuations on the meme stock names are unlikely to last. There are no actively managed stock funds among AMC’S 20 largest shareholders, according to Refinitiv data, leaving open the risk that a shift in retail investor opinion could quickly sink its shares. Infrastructure deal Market participants will be closely following negotiations between Democrats and Republicans in Washington over President Joe Biden’s proposed $1.7 trillion infrastructure deal. Transportation Secretary Pete Buttigieg had said the White House sees Monday – when Congress returns from a one-week break – as a critical date to see progress in talks. Expectations of government spending on infrastructure have already boosted value stocks this year, particularly the industrials and materials sectors, which have both gained around 20% since the start of the year, against a 12.5% gain for the S&P 500. Those large gains may leave many industrials and materials stocks vulnerable to a selloff if a large spending bill in Washington fails to materialize. ECB dilemma The ECB meets on Thursday and will release its updated growth forecasts for 2021 and 2022. Policymakers will debate whether to prolong their support for the euro zone recovery through emergency stimulus, a decision that will hinge on how strong they believe the region’s economic recovery is. Recent dovish comments by several ECB policymakers have highlighted the risks of premature tightening. Any indication from ECB head Christine Lagarde that the debate on tapering is getting underway could push euro zone bond yields still higher and undermine the economic recovery in the bloc.
ULong
by jfsrevg
US Market Technicals Ahead (31 May – 4 June 2021)In a week shortened by Monday’s Memorial Day holiday, Investors' focus turns to the May's nonfarm payrolls report to see if the unexpectedly weak April employment report was just a one-time blip Meanwhile, the ISM PMI surveys should signal solid manufacturing and service growth rates during May, on the back of the country's re-opening efforts, the ongoing government support. Energy traders will be eyeing Tuesday’s OPEC+ meeting and the euro zone is to release inflation data against a backdrop of concerns over what rising price pressures could mean for expansionary monetary policy. Here is what you need to know to start your week S&P500 (US Market) The benchmark index ($SPX) erased all losses for the month of May, re-gaining +1.07% (+44.4 points) during the week. $SPX have successfully broke out of its sideway box range channel that was highlighted last week, infusing clarity on its short term trading direction for the month of June. $SPX is currently just 20 points away (+1.00%) from its all time high level of 4,245 level. In the meanwhile, $SPX is reflecting a minor two weeks bearish divergence within its falling price volatility along with daily trading volume on its up-days. The immediate support to watch for $SPX is remains at 4,110 level, a potential renewed test of both 20D and 50D moving averages. May jobs report could echo April weakness Friday’s May jobs report will indicate whether the unexpected weakness seen in the April jobs report was a one-off or the start of a more persistent slowdown the labor market recovery. The economy is expected to have added 650,000 new jobs in May. Just 266,000 jobs were created in April, far short of the nearly one million expected. The economy is still more than 8 million jobs short of where it was before the pandemic. Economists generally are still expecting strong job growth in the months to come, as the economy reopens. ISM PMIs, Fed speakers ISM manufacturing data is scheduled for release on Tuesday, followed by ISM services data on Thursday. Both readings are expected to be strong, but to highlight supply chain issues that are leading to shortages and higher prices. ADP nonfarm payrolls data is due on Thursday, one day later than usual due to Monday’s holiday, along with the weekly figures on initial jobless claims. The Fed’s beige book on the economy is due out on Wednesday and several Federal Reserve officials are scheduled to speak during the week, including Chair Jerome Powell. The Fed Chair will participate in a panel at a climate change conference on Friday together with International Monetary Fund chief Kristalina Georgieva and European Central Bank President Christine Lagarde. Wary stock market Stock market investors will be closely watching economic data and comments from Fed officials amid ongoing concerns the central bank may begin to pull back on its massive stimulus measures as price pressures rise. Inflation concerns have persisted for several weeks and weighed on growth names, pulling down the tech-heavy Nasdaq, which posted its first monthly decline since October. Volatility has risen even as the S&P 500 has rebounded to less than 1% below its May 7 record high, and the index saw its smallest monthly gain in the past four in May. The U.S. stock market will be closed on Monday for the Memorial Day holiday.
ULong
by jfsrevg
US Market Technicals Ahead (10 May – 14 May 2021)It is a relatively busy week ahead in the US on the economic data front, as investors will turn their attention to U.S. inflation figures in the coming week after Friday’s surprisingly disappointing April jobs report. Signs of rising inflation pressures could reignite the debate over how soon the Federal Reserve may begin to tighten monetary policy. Energy traders will be monitoring the shutdown of the largest U.S. fuel pipeline leading to an increase in gasoline and oil prices.. The tug of war between value and growth will likely continue in the equities market as earnings season winds down. Here is what you need to know to start your week. S&P500 (US Market) The benchmark index ($SPX) traded higher with a gain +1.08% (+45.2 points), recovering most of the week losses with a single Friday session as disappointing payroll report eased worries about Federal Reserve reducing its support anytime soon. $SPX is currently at all time high of 4,236 level. $SPX daily price action have successfully broke out of its consolidation highlighted, with implied volatility remains stabilized from its low of 40 points/day that was highlighted last week. The immediate support to watch for $SPX remains at 4,110 level, a minor classical support level turned trend channel support. Inflation fears Wednesday’s consumer price index figures for April get top billing on the U.S. economic calendar this week amid concerns among investors that rising price pressures could prompt the Fed to start scaling back monetary support measures sooner. While inflation is on the rise, Fed policymakers have repeatedly said the increase is due to temporary factors. The inflation numbers are coming in the wake of data on Friday showing U.S. job growth slowed sharply last month, with the economy adding just 266,000 jobs, far short of forecasts for 978,000. The unexpectedly weak data raised doubts over the expectations of some investors that the Fed could start tapering stimulus measures later this year. Pipeline shutdown Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network, without saying when it would reopen, after a cyber-attack involving ransomware on Friday. Colonial is the main source of gasoline for the East Coast and also serves some of the largest U.S. airports. The incident has highlighted how vulnerable U.S. energy infrastructure is to hackers. A prolonged outage of the network could trigger price increases at gasoline pumps ahead of peak summer driving season, a potential blow to U.S. consumers and the economy as pandemic restrictions are eased. The outage could also potentially affect oil refineries on the Gulf Coast if refiners are forced to reduce crude processing because part of the distribution system is offline. Stocks tug of war While some tech stocks got a boost Friday in the wake of the disappointing jobs report, some portfolio managers say that blow-out earnings from several large tech companies over the last few weeks are not enough to keep making outsized bets on the sector. Instead, those fund managers say that they are continuing to rotate into value and cyclical stocks - whose fortunes are closely tied to economic conditions - in anticipation that the economic recovery will be longer and more gradual than originally anticipated. That trend looks set to continue and investors will also be looking at quarterly results from companies such as Disney ($DIS), Marriott ($MAR), Airbnb ($ABNB) and Tyson Foods ($:TSN), as a first-quarter earnings season which has been notable for far higher-than-expected profits winds down.
ULong
by jfsrevg
US Market Technicals Ahead (12 Apr – 16 Apr 2021)Price volatility is expected to pick up this week. First-quarter earnings season gets underway with updates expected from major banks such as JPMorgan Chase ($JPM), Citigroup ($C) and Wells Fargo ($WFC). While results are expected to be fairly strong, most will be watching to see what companies say about the outlook for the current quarter and the rest of the year, given expectations for faster economic growth. On the economic data front, U.S. consumer price inflation (Tuesday) and retail sales (Thursday) will be the biggest data points of the week. Global financial markets will also pay close attention to comments from a Fed Chair Jerome Powell at the Economic Club of Washington on Wednesday, for additional insight into the outlook for monetary policy in the months ahead. Elsewhere, in Asia, China will become the first major economy to report first-quarter growth data when it publishes highly anticipated GDP numbers. Here is what you need to know to start your week. S&P500 (US Market) The benchmark index ($SPX) furthered its ascend with a gain of +2.12% (+85.5 points) for the week, establishing an all time high closing of 4,122 level. This was aligned with our weekly market analysis highlighted last week. It is important to note that the past week of daily incremental price action on $SPX has reflected a clear Bearish Divergence with its transactional volume. A price retracement upon a eutrophic rally beyond the structure of a technical trend channel is always imminent on such scenario. However, the hypothesis of a short term correction for $SPX would remain healthy and strong for the bullish sentiment of the index. With price volatility expected to pick up this week due to the series of major economic events, the immediate support to watch for $SPX is at 4,030 level, a trendline resistance turned support level. U.S. 1Q Earnings Season Kicks Off The first quarter earnings season on Wall Street will kick off in the coming week, with banking giants JPMorgan Chase ($JPM), Goldman Sachs ($GS), and Wells Fargo ($WFC) all set to release their latest quarterly results on Wednesday. Earnings from Bank of America ($BAC), Citigroup ($C), and Blackrock ($BLK) are then due on Thursday, followed by Morgan Stanley ($MS) on Friday. Overall, Q1 earnings are expected to have jumped nearly 25% year-over-year, according to Refinitiv. That would be the biggest quarterly gain since 3Q 2018, when tax cuts under former President Donald Trump drove a surge in profit growth. Financials are expected to show one of the biggest earnings gains, up 75.6% year-on-year, while materials are seen up 45.4%. U.S. Consumer Price Inflation (CPI) CPI is expected to have risen 0.5% last month and 2.5% over the prior year, according to estimates. If confirmed, it would mark the fastest increase in eight months. Excluding the cost of food and fuel, core inflation is projected to climb 0.2% from a month earlier and 1.6% on a year-over-year basis, a tad faster than the 1.3% increase registered in February. Rising inflation expectations helped spark a first-quarter selloff in Treasuries that drove yields to pre-pandemic highs in recent sessions. U.S. Retail Sales The consensus forecast is that the report will show retail sales jumped 5.5%, rebounding from February’s steep decline of 3%, which was the biggest drop since April 2020. Excluding the automobile sector, sales are expected to rise 4.8%, snapping back from a drop of 2.7% in the preceding month. Fed Speakers A number of Fed speeches will get market attention in the week ahead, as traders watch for further clues on interest rates. Topping the agenda will be remarks from Fed Chair Jerome Powell who will be speaking on Wednesday at an Economic Club of Washington event. The Fed chair has reiterated lately that any emergence of inflation should be temporary and that the central bank will keep its accommodative policies in place for a long time. China 1Q Gross Domestic Product (GDP) China will post its first quarter gross domestic product (GDP) on Friday morning. The data is expected to show the world’s second-largest economy grew 18.8% in the first three months of 2021 when compared to the year-ago period, accelerating from the previous quarter’s 6.5% pace. Besides the GDP report, the Asian nation will also publish data on March trade balance, industrial production, retail sales, unemployment, and fixed asset investment. China’s economy has shown signs of improvement in recent months, with activity rebounding to pre-pandemic levels thanks to a resurgence in global manufacturing and a sharp recovery in domestic spending.
UShort
by jfsrevg
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