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Us500signals

S&P500 Does the 'Megaphone of Death' compare to that of 1990s?Last week I looked into S&P's monthly chart for clues on the long-term trend (see chart below). Most indicators point towards a new Bull Phase despite the general bearish sentiment in the market this week. ** The 'Megaphone of Death' ** I went a time-frame lower into 1W and found something I wanted to share with you. S&P500 recovered slowly after the 1987 Black Monday crash and before the aggressive Bull Phase of the late 1990s, it had a turbulent period within a Megaphone pattern in the early 1990s. That volatile period resembles the price action since early 2018, which has formed the pattern I previously called 'Megaphone of Death'. The past two plus years have also marked a turbulent period for the markets (after an uninterrupted growth phase of 10 years since the subprime crisis) as the U.S. - China trade war and the COVID pandemic issued Lower Low corrections from the Higher Highs (thus creating the Megaphone). ** Will history repeat itself? ** As you see both Megaphones are fairly similar, their Highs and Lows match. Currently we are on the (g) leg. If history is repeated, the correction of these past few weeks should be over soon and the following quarters should see Higher Highs and Higher Lows. What do you think? Are you a buyer or a seller on this one? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
SP:SPX
by TradingShot
18
S&P500 Buy SignalPattern: Rectangle into an Ascending Triangle. Signal: Buy as the price is consolidating on the Higher Low trend-line. Target: 3,425 (right below the Resistance). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
FOREXCOM:SPX500Long
by TradingShot
1
SPX500 STACKING long PositionsHey tradomaniacs, SPX500 looks very bullish to me as the previous fakeouts have created a double-bottom-pattern. These fakeouts were the perfect moves to washout these massive crows of robin-hood-traders. The current option-market is full of these retailers who are taking the liquidity for the big players. To get this liquidity big players are forced to manipulate the market to the downside in order to hunt the stop-losses. When I look at the market-depth (on daily basis) I can see accumulation of volume and these SL-Hunt-Moves as the sellers instantly get aborbed by the ALGOs. Economy is also recovering well so far which is why I expect more momentum to the upside. As always I will manage this trade very aggressively, especially ahead the FOMC-meeting today. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDLong
by Trading2ez
2
S&P We may be starting a new 10 year Bull Cycle!S&P's weakness in recent weeks has got many thinking that the rally since the March correction is over and that maybe a new round of selling is ahead of us. On such occasions I have found it extremely useful to consult very long-term time-frames (such as the 1M in this instance) and look how similar patterns traded in the past. As you see on the current study, the current phase we are in resembles the post Black Monday (1987) price action (even though the recovery after the March COVID collapse has been quicker than that of Black Monday's). What preceded the two events is also identical as displayed by the a-b-c-d sequence. After the (d) leg that breached the 1M MA200, a long term bullish cycle started that was interrupted violently by Black Monday. That is very similar to how S&P traded after the 2000 Dot Com crash and subprime collapse (a-b-c-d) leading to a long term bullish cycle that was violently cut by the COVID sell-off. The RSI and LMACD (as we are on the logarithmic scale) also print similar readings. If history repeats itself, S&P is not ahead of another sell-off but instead has much greater probabilities of being at the very start of a new 10 year Bull Market! Do you agree with that? Of course it has to be said that there was no pandemic back then nor catastrophic economy lockdowns. But it has to be said that catalysts in Economics may come in different shapes while having the exact same impact/ weight on the market and peoples' psychology. After all it is psychology with fear and greed that is moving the stock markets. So are you feel we are ahead of a new Bull Cycle or are you selling, expecting a new bearish hit? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
SP:SPXLong
by TradingShot
20
S&P The 0.618 Fibonacci is the keyThe current sequence on S&P has been seen before, in fact in late June. It was again a Channel Down on the 4H chart with the MACD on a somewhat Inverse Head and Shoulders formation. The June fractal failed to break above the 0.618 Fibonacci and the Channel made one more Lower Low before the smooth and sustainable 2 month bull run took place. Coincidentally S&P failed to break the 0.618 Fibonacci today and naturally got rejected. It is obvious that this holds the key to a potentially new sustainable rally, otherwise we might see a new Lower Low within the Channel. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> CITIZENCAINE
FOREXCOM:SPX500
by TradingShot
4
S&P500 Trading PlanPattern: Channel Up on 4H. Signal: (A) Bullish as long as the price trades above the middle (white line) of the Channel Up, (B) Bearish if it breaks below. Target: (A) 3600 (Higher High of the Channel), (B) 3450 (within the 0.5 Fibonacci and former accumulation level). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
OANDA:SPX500USD
by TradingShot
3
sell at 3449 with 3 tp within 48hsell #sp500 at 3449 with 3 tp within 48h ,so much overbough and #jacksonhole #symposium coming also there a bit euphoria with #china #tradedeal while it should be sell the rumour and #spx500 overperform #nasdaq #DowJones #usdjpy #eurusd #audusd #audjpy #uscad #xauusd #nzdusd also it can bed much more down make 2 separate lot and take profit on the first at tp 2 as exemple and let run the other with a manual trailing stop,like every 10 pts you down your stop wich you placed a bit down from the entry point for secure gain and no lost
OANDA:SPX500USDShort
by corsicasia
S&P500 Sell SignalPattern: Higher Lows on 4H. Signal: Sell as the price has completed a +2.20% bullish leg. Target: 3375 (0.618 Fibonacci retracement level). Most recent S&P trade: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> @scheplick
OANDA:SPX500USDShort
by TradingShot
2