SPX - Headed lower in tandem with the Nasdaq 100 indexWe are bearish on the SPX as we expect more weakness in the U.S. economy. Our view is based upon the combination of bearish fundamental and technical factors. Accordingly, we would like to set a new price target for SPX at 3750 USD and 3500 USD.
Technical analysis - daily time frame
RSI is bearish. Stochastic and MACD are turning bearish. DM+ and DM- are bullish. Overall, the daily time frame is bearish.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame stays bearish.
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.
US500SHORT
⁉️ S&P500 (US500) - Market AnalysisHello traders!
⁉️This is my analysis on US100 .
Here we have the same scenario as on US30 and US100, as they are moving pretty the same. Expect the price to fill the imbalances and to reject from bearish orderblock.
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S & P 500: Selling On A RetracementS & P 500 – Cash: Selling On A Retracement
Price Action: Price moved higher from the Bullish Pin Bar + Inside Bar (Combo Setup) that had formed late last week (We did not consider trading this setup, nor did we mention it).
Price moved higher from the recent ultra-small Bullish Tailed Bar Signal that had formed over a week ago (We did not consider trading this signal).
Potential Trade Idea: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains below the 4100 – 4205 key resistance area (Event Area).
Jamie Gun2Head Idea - Selling SP500Trade Idea: Selling SP500
Reasoning: Running into resistance level, time for the sellers to step in
Entry Level: 3821
Take Profit Level: 3643
Stop Loss: 3858
Risk/Reward: 4.81:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
S&P 500 Weekly AnalysisS&P 500 on the daily chart. The market is still under the control of the bears. This mean that we have to look for selling opportunities more than the buy once. Let us see how the market will move on Monday.
US500 heading lower? US500
Intraday
We look to Sell at 3750 (stop at 3779)
We look to sell rallies. We look for losses to be extended today. There is scope for mild buying at the open but gains should be limited. Previous resistance located at 3759. Expect trading to remain mixed and volatile.
Our profit targets will be 3655 and 3601
Resistance: 3750 / 3821 / 4300
Support: 3693 / 3600 / 3500
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SPX short - Resistance at 4180 SPX retraced the last move down by 38% - and moved back to the old support of - 4150- 4180 where she bounced 3x in March -That is now resistance.
Both Oscillators (RSI and WaveTrend) have already turned down - making this a good case for a Bearish divergence...from that overbought position.
The Gann Fan and Fibs agree and I suspect SPX will follow the outer fan line down....that channel
SPX broke the VWAP line and did not recover above it ...so follow it down
The CPI number on Friday and the FOMC meeting next week ...will hopefully persuade the SPX I am RIGHT and now - Please give me back all the money I lost being early :-)
US500 ShortHey traders, in the coming week we are monitoring US500 for a selling opportunity around 4170 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
MONDAY OVERVIEW - Long term trade setups on US and DAXHi Traders,
This is my view for this week on:
- SPX500
- NAS100
- DAX
- EURUSD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
US500 A Confirmation Bear in ControlBull tried to be above the Weekly Broken Line but pushed down by Bear. Very strong push. This week candle is a confirmation of mighty bear in control. Question is, how far will bear traveling south??? Aiming 4000 next week?
S&P500 PRICE CONFIRMATION @4300 RESISTANCES&P500 - We can see lower lows formation and also price confirmed 4300 resistance zone once gain. It went down to break previous lows and bears are in the control. However, it is possible to see bullish move soon.
Hourly indicators and moving averages are giving us sell signal.
*Keep on mind that these indicators and moving averages don't predict future moves and many times can give wrong signals.
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on SP500 as price makes the draw on liquidity. Higher price action to be seen over there
What do you think ? Comment below..
US500 LONGS ACTIVE 📉📉📉Expecting bullish price action on SP500 as price makes the draw on liquidity on the weekly lows and should make a reversal move from there + h4/d1 imbalances bearish that should be filled asap.
What do you think ? Comment below..
S&P500, ES500 1M Where's a SUPPORT ?Let's analyze for a MONTH!
Let's zoom in on the TF to get a picture of the situation that is easier to evaluate.
Another month has passed, a historically good month like April which left big losses and gave way to the first $ 4.5k resistances.
May (historically one of the worst months) evening is the month of the Tapering, of the FED which will withdraw liquidity from the market by raising interest rates and above all the increasingly worse US and world data.
Looking for reversal points with SOLID SUPPORTS also helping us with the averages 20 (red), 50 (orange), 100 (yellow) and 200 (blue).
S1 $ 4.1K
S2 $ 3.6K
S3 $ 3.4k / $ 3.2k
(top before the covid crisis)
S4 $ 3.0 / $ 2.8k on the 100 average
S5 $ 2.3k on the 200 average (currently the least likely)
However, be careful to SHORT and give up the US market which often surprises arise in the worst moments.
We will follow through looking for major reversal points with reversal patterns and positively aggressive news.
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