Smoothie in One Hand, Chart in the Other: Your Vacation ManualSome traders bring a beach read. Others bring their TradingView charts.
It’s the heat of the summer and we figured, why not take it easy with a breeze of lightweight lines to pair with your mezcal espresso martini? Let’s talk about how to relax while still watching the markets.
🏄♂️ Market Neve
S&P 500 Bullish Rounding Bottom in PlayS&P 500 continues its upward trajectory, supported by a clearly defined rounding bottom formation. Price has successfully broken above the neckline resistance, followed by a technical pullback which was met with a strong buy reaction, validating this zone as a key demand area.
This pullback area no
Markets on Fire: Stock Indexes Pop, but Will Big Tech Deliver?S&P 500 and Nasdaq set records. Now it's up to big tech to justify that.
Talk about forward-looking valuation. Tech companies’ valuations are largely based on future potential rather than current performance. And that’s what we’re seeing right now getting priced in across the big indexes.
You’d
S&P500’s Bullish Island Turns Risky: Elliott Wave Says “Top”The S&P500 Index( SP:SPX ) started to rise and even created a new All-Time High(ATH=$6,428) with the help of the Bullish Long Island Pattern , as I published in my previous idea on May 14, 2025 .
The S&P500 Index is currently moving near the Potential Reversal Zone(PRZ) , upper line of the
Correction Ahead? SP500 Prints Reversal Signal at Key Resistance📘 This market moves like a textbook chart
SP500 is acting like a perfect case study from a trading manual. Back in early April, the index dipped just below 5,000, right into a confluence support zone ( I had spoken about this at the time ) – formed by the long-term ascending trendline and the 202
SP500 reinforcing a bearish short-term trendThe S&P 500 retreated in the final session of July, weighed down by renewed tariff concerns and ongoing uncertainty surrounding the Fed’s next policy move. Despite the late pullback, the index remains positive for the month overall.
From a technical perspective, the index has declined approximately
S&P 500 Obeying Elliott Wave TheoryThis is an update of a previous publication. A Flat occurred for Wave 2(Green) and if Wave 3 is over, we can expect a Zigzag for Wave 4. Zigzags have 3 waves. A confirmation at its current location will trigger a sell for Wave 4(Green).
For more information on the same, go to:
A pullback planThe upper trendline starts from Jan 2022 peak. It was broken on normal scale but still holds on log scale. The price may top here or may go higher. In a very bullish scenario the price may bounce much higher from an upper 1W FVG, but I think it will be broken soon. In any case I see a strong support
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
SP 500 Cash Index / US Dollar reached its highest quote on Jul 31, 2025 — 6,436.65 USD. See more data on the SP 500 Cash Index / US Dollar chart.
The lowest ever quote of SP 500 Cash Index / US Dollar is 3,806.37 USD. It was reached on Mar 13, 2023. See more data on the SP 500 Cash Index / US Dollar chart.
SP 500 Cash Index / US Dollar is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy SP 500 Cash Index / US Dollar futures or funds or invest in its components.