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S&P 500 Daily Chart Analysis For Week of April 21, 2023Technical Analysis and Outlook The Spooz, in choppy trading this week, managed to advance to near our Key Res 4180 by creating weak Mean Res 4156. A pullback to Mean Sup 4090 is possible before reigniting the rally to Mean Res 4156 and Key Res 4180 and rallying substantially to Outer Index Rally 4230 as specified in the Daily Chart Analysis For the Week since February 3. The Outer Index Rally 4230 completion will trigger a pivotal pullback to inverted Key Res 4180.
SP:SPX
by TradeSelecter
2
S&P 500 Daily Chart Analysis For Week of April 14, 2023Technical Analysis and Outlook The Spooz, in choppy trading this week, managed to obsolete our outstanding target area - Mean Res 4126. The re-establishment of an upward trend will aim to obsolete Mean Res 4145 and punch through to Key Res 4180 and vital Outer Index Rally 4230 as specified in the Daily Chart Analysis For the Week of February 3. On the downside, there might be a significant pullback to Mean Sup 4090 before propelling renewed rally. The Outer Index Rally completion will trigger a pivotal pullback to inverted Mean Res 4145, considered the first Mean Support level.
SP:SPX
by TradeSelecter
SP 500 where next ?Good day everyone. well as you see in charts if USA and other big players haven't found any way out for current political and financial issue, we will see a capitulation on Stock Markets specially in USA .. so be careful. so next target will be at 2000 pts area which will be marked technically in Elliot Wave Structure WAVE C !!! More Geopolitical and Financial information would help you to understand current world financial tension. inflation rate: The inflation rate in the United States has been on the rise in recent months, reaching a 40-year high in November 2021. The consumer price index (CPI), which measures the cost of goods and services, increased by 6.2% year-over-year, the highest rate since 1982. This is largely due to supply chain disruptions, labor shortages, and high demand for goods and services. Effects on the S&P 500 Charts: Inflation has a significant impact on the stock market, including the S&P 500 index. The S&P 500 index is composed of 500 large-cap stocks, and its performance is often seen as a reflection of the overall health of the US economy. As inflation rises, it can lead to higher interest rates, which can negatively impact the stock market. One way inflation affects the S&P 500 is through its effect on corporate earnings. Inflation can increase the cost of raw materials, labor, and other expenses for companies, which can ultimately lead to lower profits. This, in turn, can lead to a decline in stock prices and a drop in the S&P 500 index. Moreover, inflation can also affect investor sentiment and market volatility. As inflation rises, investors may become more cautious and less willing to take risks. This can lead to increased volatility in the stock market, with larger price swings in both directions. Conclusion: In conclusion, inflation is a key economic indicator that can have significant effects on the S&P 500 index and the overall US economy. As inflation continues to rise, it is important for investors to pay attention to its effects on corporate earnings and investor sentiment. Understanding these dynamics can help investors make informed decisions and better navigate the current market environment. it is important to note that predicting the future movements of the stock market can be challenging, as it is influenced by a wide range of factors. However, it is clear that the current inflation and other political and economic tensions are likely to continue to have an impact on the S&P 500 index in the coming months. It is important for investors to stay informed, exercise caution, and consider diversifying their portfolios to mitigate risk.
SP:SPX
by Htback
1
Sell From First Candle 15/09/2014 - 04/10/2022 Low was 423 weeks. Expected bottom at 08/05/2023 a during of 451 weeks from Origin. 423/451 Variation Vector Magnitude from 28/09/2015 low -26/10/2020 Top = 372.73 units Time distance from 28/09/2015 low - 04/10/2022 Bottom = 369 weeks (-3 weeks) Vector Magnitude from 26/10/2020 Top - 04/10/2022 Bottom = 282 units Price units from 26/10/2020 Top - Expected Low = -279 points (-3 points) 26/10/2020 Top price = 319.32 USD with +262.11 points range Total points range from Zero= 319.32 1/3*319.32 = 279 points at USD 39.92 price unit From origin 15/09/2014-26/10/2020 Top = 319 weeks 319*1.4142 = 451 weeks. Use tight SL
NYSE:BABAShort
by WU_WEI-CAPITAL
2