Get started
SP500 FutureSP500 FutureSP500 Future

SP500 Future

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

SP500FT trade ideas

SPX 500 Returns to All-Time HighsAfter two days of Trump’s official inauguration at the White House, the market maintains a short-term optimistic bias. This has allowed the price to rise by more than 1.5% as expectations grow for low-tax policies that could potentially boost domestic consumption in the United States. Steady Trend: The growing wave of buying positions has brought focus back to the long-term trend that has persisted in the stock index for several months. However, the price will now need to confront the resistance zone at all-time highs to confirm the bullish bias in the coming sessions. RSI: At the moment, the RSI line maintains a significant upward slope and marks levels above the neutral zone at 50. However, it is approaching the inflection point near the overbought zone marked by the 70 level of the indicator. RSI oscillations near this zone could begin to trigger bearish corrections in the actual resistance as an imbalance of long positions starts to emerge. Key Levels: 6.082: The most important short-term resistance level, coinciding with all-time highs and the upper Bollinger Band. Consistent oscillations above this level could set a new record high and reinforce the formation of the long-term bullish trend. 5.963: A nearby support level, located in the middle of the current small lateral range, which could serve as a resting point for future bearish corrections in price. 5.847: The definitive support level, where the latest market lows coincide with the barrier marked by the 100-period moving average. Persistent price oscillations below this level could jeopardize the current long-term bullish bias and pave the way for a fresh wave of selling pressure. By Julian Pineda, CFA - Market Analyst
FOREXCOM:SPX500
by FOREXcom
Weekly GEX Insights: 01/13 SPX dropTotal Correction? What Can an Options Trader Do in This Situation? How Far Might We Fall This Week? We’ll tackle these questions in this week’s options newsletter! It looks like the new president hasn’t even been sworn in yet, but the market is already reacting with fear to every statement he makes. Last week’s economic data didn’t help ease those concerns either. SPX Weekly Analysis Friday’s red candle set a bearish tone heading into this week. Everyone is predicting and pricing in a potential market apocalypse, and I keep getting the same question: “Greg, how far can we fall?” My answer remains the same: we can fall indefinitely—nobody can know for certain ahead of time. What we can do, however, is analyze our charts and use the our weekly GEX profile to identify the key levels, so we can better understand the market’s dynamics. Examining expirations through Friday, every NETGEX profile is negative , so we can expect volatile movements this week. We’re currently trading below the HVL level, which means that market makers are likely to move in tandem with retail traders. This typically results in bigger swings. We already saw this heightened volatility last week—just look at the size of the candles, and you can tell how quickly sentiment can shift. Below 5965 (the HVL level), we are in a high volatility zone what lies underneath? 1st Support Range: 5780–5800 5800: Currently the strongest PUT support level on the downside. A correction may pause here due to profit-taking. Right beneath this level is the previous gap-fill zone. Remember, these areas function as ranges rather than single lines, as I’ve highlighted down to 5780. This could easily be a take-profit target for traders playing gap fills—an approach that’s quite popular. 2nd Support Range: 5700–5650 (Very Strong) Starting at 5700: We encounter another robust PUT support zone. This area is reinforced by previous lows, previous highs, and the 4/8 grid boundary from our indicator. Even if nowhere else, many expect at least a local rebound to occur within these levels. Putting it all together, it’s clear that the weekly trading range is shaping up to be roughly between 5680 and 5965, expecting big & volatile moves. Remember, CPI and PPI data are coming out on Tuesday and Wednesday, which could trigger additional volatility. When looking at SPX, SPY, or /ES futures, my opinion is that the rapidly spiking implied volatility (IV) during a market drop, along with a PUT pricing skew, can present favorable opportunities for options traders. The distance to the strongest lower support zone is around 100–150 points, so you could: Trade directionally for the short term—hoping to be either right or wrong quickly, or Try to profit from the market situation in a more strategic way (which is what I typically do). Personally, I prefer the second approach: I’ll open short-term (a few days) credit put ratio spreads for a small credit, which gives me a wide breakeven range and a big “tent” on the downside.
SP:SPX
by TanukiTrade
US500 1. Weekly Timeframe 1. Ascending Parallel Channel & Middle Line • The US 500 has been moving in a broad rising channel. Respect for the midline (the “median” of that parallel channel) can indicate strong internal structure to the uptrend. • Price repeatedly holding near or above the 20 EMA on the weekly bolsters the view that buyers are active on dips. 2. Order Blocks • The 5800 area (per your chart scaling) served as a weekly order block where price reacted sharply upward, underlining that region as a significant support/demand zone. 3. Ichimoku • A bullish Ichimoku profile on the weekly suggests the higher timeframe trend remains up. Cloud support has not been violated. 4. Momentum & Capital Flows • RSI in the 60+ zone and a MACD that, while it’s in a “bearish waning” phase, is not strongly diverging from price yet. • CMF (Chaikin Money Flow) staying above zero indicates consistent capital inflows, reinforcing a buy-the-dips sentiment on the weekly timeframe. Weekly Summary The weekly trend remains structurally bullish, with dips finding support both at EMAs and near identified order blocks. Momentum is not overheated. Any near-term pullback would likely remain within the broader bullish framework unless it severely violates key structure or the 20/50 weekly EMAs. 2. Daily Timeframe 1. Channel Structures • You mentioned an ascending channel from the September low that was broken to the downside during the recent consolidation. Since that channel is now invalid, it’s prudent to monitor price action to see how a new channel or range might form. • The invalidation of a channel can simply mean the market has shifted into a different angle of attack—a new channel or wedge may emerge. 2. EMAs & Bollinger Bands • Despite the consolidation, the daily EMAs (particularly the 50 and 100) remain upward sloping, which is a hallmark of an intact bullish trend on a medium-term basis. • Multiple wicks into the 100 EMA, followed by strong closes back above shorter EMAs, highlight that area as reliable dynamic support. • Hovering in the upper Bollinger band region often correlates with bullish continuation, though it can also precede a near-term pullback if price spends too long “riding the band.” 3. Ichimoku • Price briefly dipped below the Cloud but has now pushed back inside it. Generally, a close back above the Ichimoku Cloud on the daily would be more definitive proof of renewed bullish momentum, so staying watchful here makes sense. 4. Daily Order Blocks • You mention the 5842 level and the possibility that the market “closed below” it but then reversed after tagging the 100 EMA. That underscores that not every technical zone breaks price conclusively; strong dynamic support (EMAs) and overall liquidity hunts can overshadow a single daily close below an order block. 5. Momentum Indicators • RSI’s move back over 50 is a bullish sign of momentum improvement, and the MACD turning positive again on the daily further underpins that reading. • However, your logic that a short push higher could trigger a contrarian fade (especially if the put-call ratio is extremely low) is consistent with typical overbought or euphoric conditions. Daily Summary Still leaning bullish with strong evidence of higher lows and reliable EMA bounces. A near-term pullback could be triggered by an overextension or liquidity sweep. However, dips may be limited or quickly bid up given that daily momentum has reasserted itself to the upside. 3. Four-Hour & Lower Timeframes 1. Recent Bearish Structure / Falling Triangle • You noted that price broke out of a near-term bearish pattern (descending wedge/triangle). • The typical post-breakout playbook suggests a retest is likely—this could coincide with the broad idea of not chasing the market. Let it come back, see if a retest holds, and then it’s a safer entry. 2. Order Blocks & Overextension • The next 4H order block (e.g., ~6056) may be a target on a momentum spurt. If that run materializes quickly, it can “tap” that level and then retrace. • On the 4H RSI or Stochastics, any overextension into 70-80 zone often leads to a temporary pause. The presence of a contrarian put-call ratio environment lends further credence to expecting a short-term fade. 3. One-Hour Minor Trendline • Price is riding a minor uptrend line. Intra-day, these lines can break quickly, sometimes triggering algorithmic or retail stops. You anticipate that break, a sell-off that then loses momentum (bearish momentum wanes), and the broader uptrend resumes. That is a classic scenario for trading the “fake breakdown” or retest to see if the higher-timeframe bullish structure is truly intact. Intraday Summary The short-term structure has turned positive after the recent breakout. However, be prepared for a retest or a quick liquidity sweep that fakes out short-term traders before resuming the uptrend. Patience is key; avoid FOMO entries. 4. Seasonality & Macro Considerations 1. January Barometer • The adage goes: “As goes January, so goes the year.” While not a guaranteed prophecy, a strong January often sets a bullish tone for the year. • We’re seeing typical January volatility. The fact it’s net positive so far supports an overall bullish tilt for 2025 (in your chart’s labeling). 2. Put-Call Ratio • A low (or persistently dropping) put-call ratio can be a contrarian indicator. Extreme complacency in the options market sometimes precedes short-term pullbacks, even if the bigger trend remains bullish. 3. Economic Backdrop & Earnings • While you haven’t delved deeply into fundamentals or macro, remember that news flow (earnings, rate expectations, etc.) can disrupt purely technical plays. • If the fundamental backdrop remains supportive, it can help keep corrections shallow. Overall Synthesis analysis points to a medium- to long-term uptrend that is intact (weekly and daily) while acknowledging a near-term risk of an overextension or liquidity sweep (4H and below). The best general approach to avoid FOMO is: 1. Stay Aligned with the Higher Trend • The weekly/daily structure and indicators (EMAs, RSI, MACD) lean bullish, so buying dips is generally more favorable than trying to short. 2. Wait for a Retest or Waning Bearish Momentum on Lower Timeframes • Confirmation after a minor pullback, retest of a broken trendline, or a known support (like the 4H or 1H EMAs, Ichimoku Cloud bottom, or an order block) is more reliable than chasing. 3. Manage Risk • Even if everything looks bullish, the market can and will surprise. Ensure stop-losses are strategically placed below a key structural level (e.g., below the 100 EMA on daily or a prior pivot low). 4. Seasonality Provides a Tailwind • A positive January frequently begets further strength in equities. However, remain mindful that short-term bouts of volatility are common in any bullish trend. technical picture: it’s a bullish environment on higher timeframes, with only short-term signals hinting at a possible pullback. The key is patience—focus on a tactical entry when (or if) the market dips rather than FOMO buying into the overextension. If no dip comes and it runs higher, wait for the next consolidation pattern to form and enter on that next, higher low.
CAPITALCOM:US500Long
by EliteMarketAnalysis
Two Daily Gaps attract market for pullbackAlthough S&P500 is within uptrend, recent days has left two clearly visible gaps behind. That means that it is highly possible that SPX will come back to cover those gaps in the near future, before it continue uptrend (if it will). Same picture at NDX chart with two 4H gaps. I take this idea to apply to all markets including crypto. While chances to resume higher timeframe uptrend are valid for Bitcoin, Stock Indices will most probably influence it's short term price action.
TVC:SPX
by WiseAnalyze
Nightly $SPX / $SPY Predictions for 1.21.2024🔮 📅 Tue Jan 21 🗓️ Day 2 📍 WEF Annual Meetings 📅 Wed Jan 22 🗓️ Day 3 📍 WEF Annual Meetings 📅 Thu Jan 23 🗓️ Day 4 📍 WEF Annual Meetings ⏰ 8:30am 📊 Unemployment Claims: 220K (prev: 217K) ⏰ 11:00am 🛢️ Crude Oil Inventories: -2.0M 📅 Fri Jan 24 🗓️ Day 5 📍 WEF Annual Meetings ⏰ 9:45am 📊 Flash Manufacturing PMI: 49.4 📊 Flash Services PMI: 56.8 ⏰ 10:00am 📊 Existing Home Sales: 4.19M (prev: 4.15M) 📊 Revised UoM Consumer Sentiment: 73.2 💡 Market Insights: 📈 GAP ABOVE HPZ: On a gap up, we will get pinned down at HPZ back into the EEZ. 📊 OPEN WITHIN EEZ: A lot of resistance overhead. Markets should cool down after the gaps from last week. Small rally into fade downwards. 📉 GAP BELOW HCZ: We will likely get a small bounce and hold. #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
SP:SPXShort
by PogChan
Trump Returns to the White House: Tariffs EyedToday’s inauguration is undoubtedly a big event for traders, analysts, and the global economy. Everyone is watching. Let’s be frank: regardless of your opinion of Donald Trump or his proposed policies, his Presidential election win over Democrat candidate Kamala Harris on 5 November 2024 was nothing short of remarkable. It was a sweeping victory, and Trump returns to the White House today. Trump’s inauguration is expected to begin at 5:00 pm GMT (midday EST) and marks the start of his second term in office. Robust Economy Provides ‘Tariff’ Legroom for Trump While tariffs are undoubtedly inbound, it is unclear what plans Trump will pursue and when he will implement these strategies. Investors are concerned that imposing tariffs could stoke inflation and hinder consumption (and consequently put the brakes on economic growth). According to the latest data (December 2024), we have seen an uptick in US inflation. Year-on-year (YY), CPI inflation (Consumer Price Index) rose for a third consecutive month to 2.9%, PPI inflation (Producer Price Index) also increased for a third straight month to 3.3%, and the US Federal Reserve’s (Fed) primary measure of inflation, the PCE Index (Personal Consumption Expenditures), is hovering just north of the Fed’s 2.0% inflation target at 2.4% (for November 2024). This, coupled with real US GDP (Gross Domestic Product) running at an annualised rate of 3.1% in Q3 24 and jobs data showing that the US economy added 256,000 new payrolls in December 2024, reveals Trump has legroom (some ‘cover’ if you will) to impose tariffs early on in his tenure. Trump Tariff ‘Threats’ So Far Speculation regarding the possibility of as many as 100 executive orders being signed today has been circulating the wires. Plenty of ambiguity is unquestionably present heading into today’s event, and the market dislikes uncertainty. Concerning tariff ‘plans’, Trump has floated several possible approaches, including 100% tariffs against BRICS countries (Brazil, Russia, India, China, and South Africa) unless their governments commit to the US dollar (USD), as well as tariff threats against Canada, China, and Mexico. Trump voiced intentions of introducing 25% tariffs on goods from Canada and Mexico and adding an additional 10% tariff on goods from China. What Will I Be Watching Today? Today, I will primarily be looking for any direction on tariffs, particularly concerning Canada, Mexico, and China. Let’s assume Trump follows through on his threats to Canada and Mexico. A 25% tariff (or more) applied on goods from Canada and Mexico will prompt upside in currency pairs like the USD/CAD (US dollar versus the Canadian dollar) and USD/MXN (US dollar versus the Mexican peso) – for those who monitor implied volatility, check out USD/CAD; we are at levels not seen since early 2023! A 25% tariff on the aforesaid countries will also likely trigger a bid in the US Dollar Index and absorb offers around major resistance at 109.33. In contrast, major US equity indexes are expected to take a hit in this scenario. Another observation I feel needs some consideration is the USD positioning heading into this event. The USD is particularly stretched to the upside for those who monitor COT data (Commitment of Traders report). However, although this may be the case, I still expect USD outperformance on the back of 25% tariffs. Nevertheless, were Trump to pursue a lower tariff rate for Canada and Mexico or not to pursue tariffs at all, a considerable unwind in USD longs is possible, and downside in USD/CAD, USD/MXN, as well as the US Dollar Index, would be on the table (upside in US equities). A situation without tariffs would create considerable volatility and open the door to shorting opportunities in key currency pairs. Regarding China, if Trump were to follow through and impose a 10% additional tariff, this would likely send USD/CNY northbound (US dollar versus the Chinese yuan). Additionally, I expect the AUD/USD (Australian dollar versus the US dollar) and NZD/USD (New Zealand dollar versus the US dollar) pairs to trade lower, given their trading relationships with China. I also believe US and Chinese equity markets will sell off. Less than a 10% tariff or no tariffs on China would likely underpin AUD/USD, NZD/USD, and the noted equity markets (but weigh on the USD/CNY). Looking closely at the S&P 500, you will note that longer-term weekly action ended last Friday in the shape of a bullish engulfing formation, following a shallow correction from all-time highs of 6,099. This, together with the clear-cut uptrend and daily price climbing above its 50-day simple moving average at 5,967 (and a lack of obvious daily resistance), places bulls in a favourable position to challenge all-time highs, technically speaking. Written by FP Markets Market Analyst Aaron Hill
SP:SPXLong
by FPMarkets
$SPX Exit Stage LeftWe have several things going on with the SP:SPX Right now. Some say its a bullflag, Some say it's a head and shoulders. The simplest explanation often being the best, SP:SPX is testing a downtrend line that was formed as a result of price action continuously rejecting at a Supply Level. Price is consolidating, however with the aggressive short attack on the SP:SPX at the close Friday, valuations being in the clouds and meme coin holders being rugged by world leaders, I would say there is a more than fair chance all this stupidity marks a top. With a very dubious and undecided CCI, weather we break above first or break lower first does not matter. We are going down. First target is a closing of that huge Wide open space at 5850. Then Liquidity at 5700 and a third target at 5400. We will see after that. Don't forget to Short the NSE:BANKNIFTY too...
SP:SPXShort
by Midgar-
SPX: on a tricky pathDuring the previous two weeks, the US equity market went through a short term correction, amid investors fears that the Fed might halt further cuts of interest rates during the course of this year, due to stronger than expected jobs market and potential surge in inflation in the US. The December inflation figures were posted during the previous week, which showed that the inflation in the US was held below market expectations, which brought back some optimism among investors. The S&P 500 recovered from losses, and ended the week at the level of 5.996. However, the question still remains if the index took a path toward the upside, or is this only a short term optimism? An inauguration of the new US Administration is scheduled for January 20th, where the markets will closely watch what measures will be actually taken within the first week, from all the promises from the pre-election period. The most challenging move is the one related to trade tariffs with China, which might bring some negative impact to the US economy. In this sense, Monday will be a day to watch during the week ahead. For one more week, tech stocks were in the focus of market attention during the previous week. Tesla stocks gained over 3% for the week, followed by other big tech companies and the semiconductor industry. The only stock that is still struggling to regain market cap is Apple, whose shares were hit by news that Apple is losing market share in China due to strong competition from local smartphone producers. Banking sector was also closely watched, as they posted quarterly results. As their earnings were higher from expectations, the stocks of major US banks gained significantly within the week. Goldman Sachs and CITI Group were traded higher by roughly 12%, while JPMorgan was traded higher by 8%. For the week ahead, Monday is the day to watch. After the President-elect won the US elections in November, the market reacted in a positive manner. Whether this optimism will continue to hold after his inauguration is to be seen during the week ahead.
SP:SPX
by XBTFX
US500/SPX500 "Standard & Poor" Indices Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US500 / SPX500" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉 Entry 📈 : You can enter a Bull trade after the breakout of MA level 5960 (OR) Entry in Pullback 5820 Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level. Goal 🎯: 6000.00 (or) escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Fundamental Outlook 📰🗞️ Expected Trend: The US500/S&P500 index is expected to move in a bullish trend. Drivers of the Trend: The bullish trend is driven by: Strong US economic growth Low interest rates A potential rebound in corporate earnings Current Price: The current price of the S&P 500 is around 5802. Client Sentiment: 51% of client accounts are holding long positions on this market. Top Risers: Some of the top risers in the US500 index include stocks with percentage changes of: 27.55% 5.8% 32.96% Top Fallers: Some of the top fallers in the US500 index include stocks with percentage changes of: -26.21% -17.09% -49.06% Dow Jones Index: The Dow Jones index has been holding support, despite rising yields putting pressure on global indices. Earnings Growth: The S&P 500 is expected to report its strongest earnings growth since Q4 2021, with an 11.9% increase. Market Sentiment: Bullish Sentiment: 60% of traders and investors are bullish on the US500/S&P500, expecting the market to continue its upward trend. Bearish Sentiment: 30% of traders and investors are bearish on the US500/S&P500, expecting the market to pull back or reverse its trend. Neutral Sentiment: 10% of traders and investors are neutral on the US500/S&P500, waiting for more information or confirmation before making a trade. Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
ICMARKETS:US500Long
by Thief_Trader
US Stocks Surge as Trump Takes Office: Will the Rally Continue?The US stock market is buzzing with excitement as President-elect Donald Trump's inauguration on January 20 approaches. On Friday, January 17, the major indices saw significant gains, with: ● S&P 500 SP:SPX rose 59 points, or 1% ● Dow Jones Industrial Average TVC:DJI increased 335 points, or 0.8% ● Nasdaq composite NASDAQ:IXIC surged 292 points, or 1.5% ◉ Major Sector Driving Gains The technology sector, particularly the "Magnificent Seven" stocks, has been instrumental in this upward momentum. ◉ Investor Sentiment Investors are optimistic about Trump's policies, but concerned about potential inflationary pressures. Experts believe Trump's administration could lead to significant growth due to: 1. Increased Government Stimulus: Trump's background as a real estate developer may result in policies designed to stimulate economic growth. 2. Technological Innovation: Rapid advancements in technology are expected to create new industries and opportunities. 3. Lower Interest Rates: There is speculation that Trump may implement lower interest rates to further encourage economic expansion. Overall, the market is cautiously optimistic, with investors closely monitoring Trump's policies.
SP:SPXLong
by NaranjCapital
Down for SPX500USDHi traders, Last week SPX500USD did exactly what I've said in my outlook. On Monday it dropped impulsive to the downside and after it reached the Daily FVG it correctively went up again. On Friday it started the next move down. So next week we could see the finish of the corrective move down into the lower 4H FVG and after that more upside. Or if it breaks the low from the (orange) Y-wave, the correction down becomes bigger. Let's see what the market does and react. Trade idea: Wait for the bigger correction down to finish and a change in orderflow to bullish again. After that you could trade longs. If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals. Don't be emotional, just trade! Eduwave
OANDA:SPX500USDLong
by EduwaveTrading
S&P500 is back on trackAfter a turbulent week, S&P 500 is recovering, displaying resilience and improving risk appetite. Both market strength and breadth are improving, and in spite of tech stocks having taken a hit, financial and communication sectors lead the rally. With new earnings week coming in, S&P500 is on the rising track with an open road to achieving 6200 zone: the borderline of Bollinger Bands indicator with a parameter of 20. Political narratives play on the side of growth, though create additional concerns, but market seems to be more focusing on growth. Always do your own reserch and manage risk at all times!
CAPITALCOM:US500Long
by Stanislav_Bernukhov_Exness
Nightly $SPX / $SPY Scenarios for 1.31.2025🔮 📅 Fri Jan 31 ⏰ 8:30am 📊 Core PCE Price Index m/m: 0.2% (prev: 0.1%) 📊 Employment Cost Index q/q: 0.9% (prev: 0.8%) 💡 Market Scenarios: 📈 GAP ABOVE HPZ: A further gap up would lead to it holding a little, then chopping down into EEZ. Watch for resistance in the Hedge Pressure Zone before any reversal. 📊 OPEN WITHIN EEZ: Slight move higher from earnings, then drop lower into 6055. Expect some chop and potential liquidity sweeps before continuation. 📉 GAP BELOW HCZ: Consolidate lower into the Hedge Cushion Zone, then pump back higher. A strong bounce is likely if price interacts with the Weekly Hedge Cushion and liquidity builds up. #trading #stock #stockmarket #today #daytrading #charting #trendtao
SP:SPX
by PogChan
A much needed resting day within a bullish backdrop for $SPXIdeally, I would like to see a few more days of resting / corrective activity, following 6 straight days of range expansion, and a prior pivot high is a logical place for a dip or an inside day. Let's look at sector-by-sector analysis, using The Strat method: 1) Look at the colour of the candle on each timeframe to determine who is in control: bulls or bears✅ 2) Make sure the top sectors of CBOE:SPX are confirming the index-level picture. Currently AMEX:XLY is showing some discord. Okay ✅ but something to watch for. 3) Make sure the lower timeframe timeframes confirm the thesis of the higher timeframes. They should be aligned to avoid chop. All green on the month. ✅
CBOE:SPXLong
by gkretinin