SPCUSD trade ideas
6 SPIRALS WEEK of 10/10 to 1017 MAJOR TURNThe chart posted is that of the SP 500 cash I have now placed the next set of gold ratio spirals ! LOOK to a Major Event and a Turn . I did want everyone to take a good look at July 11 to oct 10 2007 For a REASON best of trades WAVETIMER
S&P Rising wedge?Purely hypothetical and for academic purposes only...
Lose the rising wedge. Retest resistance. Form a double top.
The target is where the rising wedge began.
around a 25% drop from the highs.
If recession in the USA is unavoidable. This may play out.
SPX500 Potential Long!SPX500 is trading in an
Uptrend and indice is now
Making a pullback to
Retest a horizontal support
Of 5645.80 so after the retest
We will be expecting
A local bullish rebound !
Single digit correction is about to start till electionA single digit% correction is going to start from Mon or Tue till the presidential election.
S&P 500 Elliott Wave Count from October 2022The S&P 500 (SPX) may have completed or could soon complete an extended Elliott five wave pattern up from the October 2022 bottom.
Both weekly RSI and MACD have significant bearish divergences.
SP500In the 5-minute and 1-hour charts, we see a market in consolidation. This means that the previous upward movement is temporarily slowing down or pausing. When the price starts to consolidate, it is common for the market to make small corrections before continuing the main trend.
Market Insights: Why Now is the Time to Go Long on SPX500USDThe S&P 500 continues to show resilience, and my overall bias remains bullish. Several key fundamentals support this outlook:
1. Cooling inflation: Recent data suggests inflation is moderating, potentially easing pressure on the Federal Reserve.
2. Strong labor market: Unemployment remains low, supporting consumer spending and economic stability.
3. Technological advancements: Ongoing AI and tech innovations are driving productivity and growth across sectors.
4. Corporate earnings resilience: Many companies are adapting well to the current economic environment, maintaining profitability.
To capitalize on this bullish trend while managing risk, I'm utilizing probabilities in my chart analysis to identify optimal entry points for long positions.
12M:
2W:
12H:
I’d love to hear your thoughts on this trade idea! What are your views on SPX500USD? Feel free to share your insights and opinions below!
SPX500USD Is Bullish! Buy!
Please, check our technical outlook for SPX500USD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 5,711.6.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,801.4 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
SPX is history gonna repeat?Hello Birdies,
Seems like we are in a repeating pattern and the worst part is the pattern is of 2007 crash.
OMG, the tops and dates are so aligned it cant be a coincidence.
We have a top in July
Fed rates cuts in Sep
Now if it tops in Oct
We are doomed.
S&P500 ForecastingS&P 500 Forecasting: A Complex Task
Forecasting the S&P 500 index is a challenging endeavor due to the multitude of factors that influence its movement. These include economic indicators, corporate earnings, geopolitical events, investor sentiment, and market psychology.
Key Factors to Consider:
Economic Indicators:
GDP Growth: A strong economy generally supports stock prices.
Interest Rates: Rising interest rates can put downward pressure on stock prices, while falling rates can boost them.
Inflation: High inflation can erode corporate profits and investor confidence.
Corporate Earnings:
Profit Growth: Strong corporate earnings are often a positive sign for the stock market.
Earnings Expectations: The market's expectations for future earnings can influence stock prices.
Geopolitical Events:
Global Conflicts: Political instability or geopolitical tensions can create uncertainty and impact market sentiment.
Trade Wars: Trade disputes or tariffs can disrupt global supply chains and affect corporate profits.
Investor Sentiment:
Risk Appetite: Market sentiment can shift rapidly, influenced by factors like economic data, geopolitical events, and market psychology.
Fear and Greed Index: This indicator can provide insights into investor emotions.
Forecasting Methods:
Fundamental Analysis: This involves analyzing economic indicators, corporate earnings, and geopolitical events to assess the underlying value of the S&P 500.
Technical Analysis: This method uses historical price data and charts to identify patterns and trends that may predict future price movements.
Quantitative Analysis: This approach employs statistical models and algorithms to analyze large datasets and identify correlations between variables that may influence the S&P 500.
It's important to note that no forecasting method is foolproof. Stock markets are highly volatile, and unexpected events can significantly impact the S&P 500. A combination of fundamental, technical, and quantitative analysis can provide a more comprehensive understanding of market dynamics.
Would you like to explore any of these factors or methods in more detail? I can also provide information on specific forecasting tools or resources.
SPX- Election SurpriseIf you follow us you know that we think SPX and markets in general are heading towards a generational top
And based the last months price action we think we know almost exactly when that top will complete:
NOVEMBER 2024
Prediction: It does not matter who wins the election..the market will begin to crash
MARK OUR WORDS
More up for SPX500USDHi traders,
Last week SPX500USD made a correction down and after that it went up again.
SO next week we could see more upside for this pair.
Trade idea: Wait for a change in orderflow to bullish again to trade longs.
If you want to learn more about wave analysis, please make sure to follow me, give a like 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. I do not provide signals.
Don't be emotional, just trade!
Eduwave
S&P 500 Daily Chart Analysis For Week of Sep 20, 2024Technical Analysis and Outlook:
In the current week's trading sessions, the S&P 500 Index has demonstrated significant fluctuations, breaching the Mean Resistance level of 5648 and attaining the Inner Index Rally level of 5666 and the Key Resistance level of 5667. The index is on the verge of achieving the targeted Inner Index Rally at 5739. Yet, a potential retraction to 5620 in the upcoming week's session, with the prospect of further descent to the subsequent Mean Support indicated at 5552, could disrupt this progression. Conversely, an expected downward trend may be intercepted by the realization of a robust rebound to the Inner Index Rally at 5739, negating the anticipated decline.
S&P 500 Aiming For Lower LowsHello,
On the daily chart, the S&P 500 is currently showing a bearish trend. The price is probably going to fall below 5458.08. Two price projections, with a leaning towards 4512.20, could then result from this decrease.
Even if the bearish trend is still in place, some positive enthusiasm can be sparked by the latest news. Nonetheless, there is significant bearish pressure at the level of 5561.96, so bearish interests only until the break of (C)
Happy Trading,
K.
Forecasting the S&P 500: A Complex TaskForecasting the S&P 500: A Complex Task
Forecasting the S&P 500, a major stock market index, is a challenging endeavor due to numerous factors influencing its movement. These include economic indicators, corporate earnings, interest rates, geopolitical events, and market sentiment.
Key Factors to Consider:
Economic Indicators:
Gross Domestic Product (GDP): Economic growth can positively impact stock prices.
Inflation: High inflation can negatively impact corporate profits and stock prices.
Unemployment Rate: A low unemployment rate generally indicates a strong economy and can support stock prices.
Corporate Earnings:
Profitability: Strong corporate earnings can drive stock prices higher.
Earnings Expectations: Market expectations for future earnings can influence stock prices.
Interest Rates:
Federal Reserve Policy: Interest rate changes by the Federal Reserve can significantly impact stock prices. Lower interest rates can stimulate economic activity and boost stock prices, while higher interest rates can slow down the economy and put downward pressure on stocks.
Geopolitical Events:
Global Events: Political instability, trade wars, or natural disasters can affect market sentiment and stock prices.
Market Sentiment:
Investor Confidence: Positive investor sentiment can drive stock prices upward, while negative sentiment can lead to declines.
Forecasting Methods:
Fundamental Analysis: This involves analyzing economic indicators, corporate earnings, and other factors to assess the underlying value of a stock or index.
Technical Analysis: This method uses historical price data and charts to identify patterns and trends that may predict future price movements.
Quantitative Analysis: This approach employs statistical models and algorithms to analyze large datasets and identify correlations between variables that may influence stock prices.
It's important to note that no forecasting method is foolproof. Stock markets are highly volatile, and unexpected events can significantly impact stock prices. A combination of fundamental, technical, and quantitative analysis can provide a more comprehensive understanding of market dynamics.
Would you like to explore any of these factors or methods in more detail? I can also provide information on specific forecasting tools or resources.
Forecasting the S&P 500Forecasting the S&P 500: A Complex Task
Forecasting the S&P 500, a major US stock market index, is a challenging endeavor due to the multitude of factors influencing its movement. These include economic indicators, corporate earnings, interest rates, geopolitical events, and investor sentiment.
Key Factors to Consider:
Economic Indicators:
GDP Growth: A strong economy generally supports stock prices.
Unemployment Rate: A low unemployment rate indicates a robust labor market, which can boost corporate profits and stock prices.
Inflation: High inflation can negatively impact corporate profits and stock prices due to increased costs.
Corporate Earnings:
Profit Growth: Strong corporate earnings growth can drive stock prices higher.
Earnings Expectations: Market expectations for future earnings play a significant role in stock price movements.
Interest Rates:
Federal Reserve Policy: The Federal Reserve's monetary policy decisions, particularly interest rate changes, can have a substantial impact on stock prices. Rising interest rates can make borrowing more expensive for businesses and reduce the attractiveness of stocks relative to bonds.
Geopolitical Events:
Global Events: Political instability, trade wars, or natural disasters can affect market sentiment and stock prices.
Investor Sentiment:
Risk Appetite: Market sentiment can shift rapidly, influencing stock prices. During periods of risk aversion, investors may be more likely to sell stocks.
Forecasting Methods:
Fundamental Analysis: This method involves analyzing economic indicators, corporate earnings, and other factors to assess the underlying value of stocks.
Technical Analysis: This approach uses historical price data and charts to identify patterns and trends that may predict future price movements.
Quantitative Analysis: This method employs statistical models and algorithms to analyze large datasets and identify correlations between variables that may influence stock prices.
It's important to note that no forecasting method is foolproof. Stock markets are highly volatile, and unexpected events can significantly impact prices. A combination of fundamental, technical, and quantitative analysis can provide a more comprehensive understanding of market dynamics.
Would you like to explore any of these factors or methods in more detail? I can also provide information on specific forecasting tools or resources.
S&P500 INDEX (US500) Important Bullish BreakoutThe US500 achieved a new record high yesterday, closing above an important intraday resistance level.
This may suggest continued growth, with the next resistance target expected to be around the psychological level of 5800.
Why Non-farm Payrolls Matter to TradersThe Non-Farm Payroll (NFP) report is often followed closely by sophisticated traders, but new traders often seem to overlook it. In today’s TradingView educational post, we’ll explain what NFPs are and why they matter.
The NFP report is a crucial monthly indicator that shows the net number of jobs added in the U.S. during the previous month, excluding those in farming, private households, and non-profit organizations. This report gives a clear-cut view of private sector jobs and how they’re growing or shrinking. Traders can often use this data to forecast Federal Reserve actions, such as adjusting interest rates.
Why does the Federal Reserve care about NFP reports? And by extension, why should traders care? The Federal Reserve (the Fed) has a dual mandate: to support maximum employment and ensure price stability in the U.S. economy. Consequently, the Fed reviews NFP reports when making decisions about interest rate policies. Strong employment data might prompt the Fed to raise interest rates, while weak data could lead to rate cuts.
The question now becomes: how do forex traders deal with NFP reports? It’s crucial to note that an NFP release can often lead to increased volatility in USD markets, making trading in that window riskier than usual. Experienced forex traders with open positions are generally prepared for the heightened volatility that NFP releases can bring. This volatility typically comes with larger spreads, volume increases, and potential liquidations or margin calls due to sudden market moves.
Because of this, some traders opt to close all open positions before an NFP release, re-entering the market afterward. Others may choose to avoid trading during these periods altogether. The first market reaction can be unpredictable, with computer programs, scalpers, and high frequency trading often dominating the initial action the second the report is released.
So, let’s review everything we’ve discussed here: the NFP report gives insights into the private sector economy, specifically looking at how many jobs were added in the US the previous month. The Fed looks to the NFP report to understand the current labor market, and traders watch the NFP report for reasons such as:
1. US Dollar strength or weakness
2. Insights into what the Fed might do next
3. Volatility, spread, and volume spikes
4. Risk management
5. Preparing a game plan for before and after the report
Thanks for reading our latest educational post about becoming a swing trader! Be sure to follow us for more updates and educational resources like this.
Major correction risk of #SPX #spx SP:SPX index has broken the trend line in early August. Tested the trendline to reclaim the uptrend but declined and now about to have a bearish retest. If this bearish retest succeeds, then we may talk about the major correction phase of #sp500
S&P500 INDEX (US500) Important Bullish BreakoutThe US500 reached a new record high yesterday and closed above a key intraday resistance level.
This could signal the possibility of continued growth, with the next resistance level expected to be around 5800 Psychological level.
Weekly Market Wrap With Gary Thomson: 16 - 20 SeptemberWeekly Market Wrap With Gary Thomson: S&P 500, Fed Cuts Interest Rates, US Dollar, S&P/ASX 200 Index
Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.
- S&P 500 Sets Record Ahead of Fed Decision
- Fed Cuts Interest Rates by 0.5%
- Dollar Trades Mixed after Fed Rate Cut
- Australian S&P/ASX 200 Index Hits All-Time High
Stay in the know and empower yourself with our short, yet power-packed video. Watch it now and stay updated with FXOpen. Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.
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