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SP 500 Cash Index / US Dollar

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Are Stocks Topping for Now?The S&P 500 has had a dramatic run, with gains in the last six weeks and 10 of the last 11 months. But will the run continue? The first pattern on today’s chart is last week’s low around 5804. The index crossed under it and stayed there yesterday, producing a lower low on the weekly chart. Ending the week below that level could resemble moments like late-July or early April, when pullbacks followed. Second, the index got rejected at or near highs on October 15 and 17. Those solid candles (marked with white arrows) may reflect selling pressures. MACD also turned lower and prices closed below the 8-day exponential moving average, which could suggest momentum is slowing. Next, the Nasdaq-100 stalled below its July peak. Does that reflect exhaustion among the biggest stocks in the market? This lethargic price action in the big growth names contrasts with Treasury yields pushing higher. That may also be a risk to equities and risk assets in general. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
SP:SPX
by TradeStation
SPX to turnaround?US500 - 24h expiry Broken out of the wedge to the downside. The formation has a measured move target of 5773. An overnight positive theme in Equities has led to a higher open this morning. Expect trading to remain mixed and volatile. The sequence for trading is lower lows and highs. We look to Sell at 5847 (stop at 5865) Our profit targets will be 5802 and 5792 Resistance: 5845 / 5847 / 5857 Support: 5815 / 5800 / 5785 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDShort
by OANDA
Price Reversal at Key Support with Consolidation ExpectedTechnical Analysis: The price has reached the previously identified support zone and has once again reversed its course. At present, it is anticipated that the price will attempt to reach 5,863, provided it continues to trade above the 5,824 and 5,800 levels. However, the price is likely to remain in a consolidation phase between 5,863 and 5,824 until a decisive breakout occurs. Key Levels: Pivot Point: 5837 Resistance Levels: 5863, 5891, 5939 Support Levels: 5824, 5812, 5781 Trend Outlook: Bearish below 5824 Bullish above 5824
OANDA:SPX500USDLong
by SroshMayi
Why Buying High and Selling Low Hurts Your PortfolioStock trading can be a pathway to wealth, but it requires a disciplined approach and a deep understanding of market dynamics. One of the most common errors traders make is buying high and selling low. This mistake, driven by emotions like greed and fear, occurs when traders buy stocks at peak prices due to hype, only to sell them later at a loss when panic sets in. This fundamental error not only undermines trading performance but also runs counter to the basic principle of buying low and selling high. Understanding the Classic Mistake "Buying high and selling low" refers to purchasing stocks at elevated prices, often driven by market euphoria, and selling them at lower prices out of panic during a downturn. For example, consider a trader who buys tech stocks during a strong rally, expecting continued gains. When the market corrects and prices drop, the trader panics and sells at a loss, embodying the classic mistake. SPX Chart Daily with RSI Indicator Psychological and Emotional Triggers The root cause of buying high and selling low often lies in emotional and psychological triggers: --Greed: This can push traders to chase rising stocks, leading to buying at inflated prices. --Fear: Panic can set in during downturns, prompting traders to sell prematurely to avoid further losses. --Cognitive Biases: FOMO (fear of missing out) and loss aversion further exacerbate this behavior, clouding judgment and increasing the likelihood of impulsive trading decisions. Trading with divergences is a powerful tool for identifying potential reversals. Why It’s a Problem The impact of buying high and selling low can be devastating. Repeated losses from this mistake can erode capital, reduce recovery potential, and derail long-term financial goals. --Market Timing Issues: Poor timing, especially in volatile markets, often leads to buying during uptrends and selling during downtrends. --Profitability Impact: The repeated pattern of trading against the trend limits profitability, making it harder to grow wealth over time. Identifying the Mistake in Practice Recognizing this mistake early is crucial. Common scenarios include: --Bull Markets: FOMO can drive traders to buy during rallies, often at inflated prices. --Market Corrections: Panic selling during downturns leads to locking in losses, even if the stock rebounds soon after. Warning Signs include overbought/oversold conditions, excessive market hype, and impulsive decisions based on emotional reactions. Strategies to Avoid Buying High and Selling Low To avoid this mistake, traders must employ a disciplined approach: --Develop a Trading Plan: Set clear entry/exit criteria, define risk management rules, and commit to the plan even during volatility. --Use Technical Analysis: Tools like Moving Averages and RSI help identify overbought/oversold conditions, guiding better entry/exit decisions. RSI as Technical Tool on Nasdaq NQ1! --Set Stop Loss and Take Profit Levels: These predefined levels limit potential losses and lock in gains, preventing emotional decisions. Psychological and Behavioral Adjustments Improving trading performance involves managing emotions and making rational decisions: --Managing Emotions: Techniques like journaling and mindfulness can help traders remain calm and focused. --Improving Decision-Making: Objective analysis, regular review of trades, and checklists can ensure systematic, data-driven decision-making. Conclusion The mistake of buying high and selling low is a common pitfall in stock trading, driven by emotional biases and poor timing. By understanding this mistake, developing a solid trading plan, using technical tools, and setting Stop Loss/Take Profit levels, traders can significantly reduce losses and enhance profitability. Implementing disciplined practices and improving decision-making processes are key to overcoming this classic error and achieving long-term trading success.
SP:SPXEducation
by FOREXN1
3
$SPX Analysis, Key Levels and Targets for 10.24.24OK, so in SPX, here we also closed right at the bottom of the implied move for the week, which is 5800. If you've been watching the videos you know how we got that number. That's the number right in the middle of the trading range. Above us, we have the 30-minute moving average and the 35 EMA; they are both in today's trading range, and the way they interact is very important. If the 35 EMA crosses underneath the 30-minute moving average, we have gone bearish. We could also bounce here, which futures suggest, and if the 35 EMA bounces on the 30-minute moving average, then we will resume upwards or keep consolidating here. As long as the 35EMA is above the 30min 200MA we are bullish on this timeframe. The top of the implied move is 5840, and 5850 on Friday's contract. If we do trade up today, I would be looking at 5845-5855 bear spreads. And if we drop, the one-hour 200 is underneath us, ready to catch us. The bottom of the implied move is 5750 and 5740 on Friday's contract. Here again, if we drop, I'll probably be looking at 5745-5735 bull put spreads. Also, guys I didn't add this to the chart above but we do have a bear gap at the very top of the training range from yesterday. GL today, y'all
SP:SPX
by SPYder_QQQueen_Trading
S&P 500: Temporary correction due to rising bond yields?The U.S. stock market, especially the S&P 500, has experienced a recent correction due to rising 10-year Treasury yields, which have reached their highest level since July. While this increase has put pressure on stocks, some analysts believe the impact could be temporary. The S&P 500(Ticker AT:USA500), which has shown positive performance in 2024, continues to be driven by a strong economy and solid corporate results. Despite the recent downturn, there is optimism about the market's upside potential, especially in cyclical sectors such as financials and industrials. The expectation is that economic growth and corporate earnings will continue to support the index, despite concerns about higher bond yields. The rise in yields reflects the strength of the U.S. economy, which has raised concerns among some investors, but does not appear to be enough of an obstacle to slow the market's long-term rally. In recent years, the market has shown resilience in the face of high yields, suggesting that this correction may only be a temporary adjustment. Sectors with upside potential based on the context of recent market movements: 1. Technology: o Technology companies such as Apple, Microsoft, and Nvidia remain key, especially with the growth of artificial intelligence, semiconductors, and demand for cloud software and services. 2. Energy: o With the rise of renewable energy and the global energy transition, companies like ExxonMobil (in the traditional sector) and NextEra Energy (in clean energy) may have upside potential in this environment. 3. Healthcare: o Biotech and pharmaceutical companies such as Pfizer and Johnson & Johnson maintain an attractive profile thanks to innovation in medical treatments and the stability of the sector. 4. Financials: o Banks and insurers tend to benefit from rising Treasury yields, with companies like JPMorgan Chase or Bank of America being in a good position to take advantage of a strong economic environment. 5. Industrials: o With global infrastructure improving and demand picking up, companies like Caterpillar and Honeywell have room for growth. 6. Real Estate: o Despite interest rate sensitivity, companies like Prologis (logistics real estate) are well positioned for an environment of expanding logistics needs, driven by e-commerce. Looking at the S&P500 chart, it is currently located in the upper zone of the channel at 5,827.90 points near the historical high of 5,886.35 points. The initial support zone of the current impulse is located at 5,151.97 points, with other support zones above that position the last support at 5,636.80 points. The price bell control point (POC) is located precisely in this zone. It would not be unusual to see the index looking for 6,000 points and executing a healthy price correction in the direction of the indicated control point. If this price were to be pierced to the downside, the next control zone would be located at 5,398.75 points. At the moment, it appears that bonds seem to be exerting more pressure than expected, the strong economy could keep the index in this bullish directionality. In summary, although the rise in Treasury yields has impacted the S&P 500, the uptrend is expected to continue, driven by a favorable economic environment and solid corporate earnings. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
ULong
by ActivTrades
2
S&P500 This pull back is an excellent buy opportunity.S&P500 is pulling back intraday but remains over the MA50 (1d). The bullish trend is intact and is being guided by this long term Channel Up since the 2022 bottom. The price is right nowjust over the 0.382 Fib Channel level, which isn't overbought by any means. Trading Plan: 1. Buy on the current market price. Targets: 1. 6000 (the 0.618 Fib level). Tips: 1. The RSI (1d) is about to touch its Rising Support, a pattern very similar to the March - June 2023 Rising Support. The two fractals look identical even on price terms. This also indicates a continuation of the bullish trend. Please like, follow and comment!!
CAPITALCOM:US500Long
by TradingBrokersView
4
S&P500 Index -Liquidity Zone consolidationTechnical Analysis: The price is currently trading within a liquidity zone between 5,849 and 5,891, showing consolidation. A retest of this liquidity zone is likely, with a potential rejection if the price fails to break above 5,891. If the price breaks and holds above the 5,891 level, the next target would be the resistance line at around 5,939. On the downside, a rejection from the liquidity zone could send the price back down towards the support line near 5,825 or even further towards 5,781. Correct Direction: Bearish: If the price fails to break above 5,891 and the liquidity zone holds as resistance, the price is likely to move towards 5,825 or lower. Bullish: If the price breaks and closes above 5,891, a bullish continuation towards 5,939 is expected. The overall bias is bearish unless there is a confirmed breakout above the liquidity zone. Key Levels: Pivot Point: 5863 Resistance Levels: 5891, 5915, 5939 Support Levels: 5836, 5807, 5781 Trend Outlook: Bearish below 5863 Bullish above 5891
OANDA:SPX500USD
by SroshMayi
DreamAnalysis | SPX500 at a Crossroads Key Trading Strategies✨ Today’s Focus: SPX500 (US500) – A Key Market Driver We dive into recent price movements and analyze critical market levels to identify potential trends. 📊 Current Market Overview: The price is currently consolidating within the Previous Weekly Range, showing little movement for now. However, it's important to note that the Previous Month's High (PMH) has already been taken, and the market needs to accumulate more liquidity before making a decisive move—hence the consolidation. 🔴 What to Expect: Short-Term vs. Long-Term Scenarios We'll explore both short-term and long-term outlooks, offering insights into bullish and bearish possibilities for day traders. 🗣 Short-Term Outlook: In the short term, we may see a retracement into the Fair Value Zone or the Equilibrium (50% of the range). However, without significant information from higher timeframes, it's best to wait for lower timeframe confirmations before entering a trade. 🗣 Long-Term Outlook: From a long-term perspective, the price may dip lower to absorb sell-side liquidity before continuing its upward trend. 🕓 Key Levels to Watch: Keep an eye on these levels, which could impact price action: - PMH: Previous Month High - PML: Previous Month Low - PWH: Previous Week High - PWL: Previous Week Low - BSL: Buy-Side Liquidity - SSL: Sell-Side Liquidity - Daily FVG: Fair Value Gap (Imbalance Zone) These levels highlight potential liquidity absorption points and areas where price might rebalance. Fair Value Gaps (FVGs) are key zones for potential retracement before the market resumes its trend. 🔔 1Hour Outlook: 📈 Bullish Scenario: For a bullish setup, we need the Previous Week Low (PWL) to be taken out, or we can use the lower timeframes to identify Sell-Side Liquidity (SSL) levels. Once price sweeps these liquidity levels, we can look for an entry model to target the Buy-Side Liquidity, such as the Previous Week High (PWH). 📉 Bearish Scenario: On the bearish side, lower timeframes are already offering potential entry models. With the monthly high (PMH) taken and a Smart Money Technique (SMT) divergence with the NASDAQ (US100), there’s a strong confluence for bearish continuation. 📝 Conclusion: Stay flexible as market conditions shift. Monitor these key levels and setups closely to fine-tune your strategy and seize high-probability trading opportunities. 🔮 Looking Ahead: Keep following as we track developments in NASDAQ, DXY, EUR/USD, and other major markets. Timely insights will be provided as trends unfold. ⚠️ Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always perform your own research and consult a licensed financial advisor before making any investment decisions.
CAPITALCOM:US500
by DreamAnalysis
S&P500 Has it topped?The S&P500 index (SPX) is ahead of critical crossroads for the short-term as the Bullish Megaphone pattern that is in effect since April 01, is showing strong signs of topping. Even though the price isn't on the top (Higher Highs trend-line) of the Megaphone, the 1D MACD formed a Bearish Cross today and practically is repeating the sequence of the index' previous Leg from April 19 to July 17, which ended also on a MACD Bearish Cross. As you can see besides the Bearish Cross, even the price action between the two fractals has gone through very similar phases. The current Bullish Leg is in the form of a Rising Wedge. Despite the Bearish Cross, the trend remains bullish within this pattern until the Wedge's bottom breaks. As a result, it is more likely to see at least 6000 next. If however the price breaks below the 1D MA50 (blue trend-line), we will have a confirmed sell signal at hand, based on which we will short and target 5600. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500
by TradingShot
$SPX Analysis, Key Levels & Targets for 10.23.24Tomorrow’s implied move in SPX is between 5815 and 5885. That range comes from options and the 30-day average daily volatility, which aligns with Thursday’s implied move of 5805 to 5895. The first level to watch is the 35 EMA, which is cutting right across the trading range. It was below us at yesterday’s close, but depending on where futures open, it could be to the upside. Definitely keep an eye on that level. The next level of resistance is around 5870. We briefly got above this level to make all-time highs at 5878.37, and we’ve seen it hold as resistance before and after making those all-time highs last week. If we get above 5870, the next target is the all-time high, with 5885 as the top of the implied move. 5895 is the top of the implied move on Thursday’s contract. To the downside, if we can’t hold the 35 EMA, the next level to watch is 5825, which acted as support on both Monday and Tuesday. Below that, 5815 is the bottom of the implied move, and 5805 is the bottom of Thursday’s implied move. We also have the 30-minute 200 MA near the bottom of the trading range for the next two days, and with momentum still positive, that level could give us a technical bounce. Pair that with the support from last week around 5815, and it’s a good spot for a potential bounce.
SP:SPX
by SPYder_QQQueen_Trading