Us500R5472 S5352 S5403 The supply and demand are in US500 It is expected that interest rates will be lowered at the next Fed meeting. We await what Powell will do SUPPLY AND DAMAND Shortby qassimalharganPublished 0
SPX500 TAKE SELL NOW!!!!!!!!!Another perfect rejection again we had on spx am in and expecting another new lows am taking a sell off this zone at the moment selling till price creates new lows JOIN AND ENJOY Tell us your views..........Shortby CAPTAINFX2Published 1
SPX WeeklyProbability wise if we would have a deeper pullback on the markets this is the ultimate targetShortby GlassICEPublished 0
SPx 500 (consolidation movement )S&P 500 Analysis: Consolidation for today The S&P 500 reached the target we mentioned which is 5460 from 5491, however, the price today will consolidate between 5491 and 5460 till breaking Bullish Scenario: Stability above 5491 means will get 5512 and above it will get 5549 **Bearish Scenario:** As long as trades under 5491 will try to trade at the bearish zone toward 5460 and then should break that to continue the bearish trend toward 5438 Key Levels: - Pivot Line: 5491 - Resistance Levels: 5512, 5525, 5549 - Support Levels: 5460, 5438, 5409 Today's Expected Trading Range: The expected trading range is between the resistance at 5512 and the support at 5409by SroshMayiPublished 116
SP500 Short Term Sell IdeaH4 - Bearish trend pattern Currently it looks like a pullback is happening Until the two strong resistance zones hold my short term view remains bearish here.SShortby VladimirRibakovPublished 1
Analysis of the structure of the US500 on a lower time frameAnalysis of the structure of the US500 on a lower time frame Price tested a strong 60-minute structure zone near 5495. If the price develops below this zone the chances are very high that we can see US500 moving down to develop a bigger corrective pattern. We may see US500 testing 5400 again. This price development is in line with the bigger picture You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuniUpdated 4441
SPX 500's Technical Retreat: Support at 5,290?US SPX 500 – technical overview Longer-term technical studies are in the process of unwinding from overbought levels. There is now room for a pullback towards previous resistance turned support in the form of the previous record high from April around 5,290 before the market considers a run to another record high. R2 5679 – 16 July/Record high – Strong R1 5593 – 23 July high – Medium S1 5398 – 25 July low – Medium S2 5352 – 23 May high – Strong US SPX 500 – fundamental overview Though we have seen a healthy adjustment of investor expectations towards the amount of rate cuts in 2024, the market still hopes policy will end up erring more towards the investor friendly, accommodative side of things. This bet has kept stocks well bid into dips and consistently pushing record highs. Still, if there is a sense the Fed will need to be more sensitive towards erring on the side of higher rates, it could invite a much bigger disruption to stocks. Exclusive FX research from LMAX Group Market Strategist, Joel Krugerby BlackBull_MarketsPublished 2
Long trade Observed Price Action Sun 28th July 24 NY Session - 6:00 PM Buyside 1-minute TF entry Entry: 5471.9 Profit level: 5556.9 (1.51%) Stop level: 5460.1 (0.22%) Risk-Reward Ratio (RR): 7Longby davidjulien369Updated 0
SP500 triangleSlowly but surely the triangle correction is forming as expected. SP:SPX Shortby alapigaborPublished 1
Big week for earningsIt has been a feature, or perhaps more correctly a worry, of the US equity market that post-Covid gains have been driven by a small selection of tech stocks. Less than a month ago, the five largest corporations by market capitalisation, accounted for over 20% of the value of the S&P 500. Understandably, this concentration of risk caused many analysts to express their concerns, saying that this was an unhealthy, and potentially destabilising, situation. So the tech-led sell-off which greeted the benign CPI reading in mid-July had the potential to avalanche. Investors began to cut their exposure to the mega-caps. But there was no panic, as proceeds from high-priced tech were funnelled into small and mid-cap stocks, helping to boost the domestically-focused Russell 2000. This rotation has helped to broaden stock market gains, raising hopes that this year’s record-breaking bull run may still have plenty of upside. Even as the tech sell-off accelerated following last week’s poor Tesla numbers, and some disappointment from Alphabet, losses were offset by gains in smaller stocks. Last week the Russell 2000 added 3.5% while the NASDAQ 100 lost 2.1%. Is the ‘Great Rotation’ set to continue? It certainly faces a big test this week with four ‘Magnificent Seven’ constituents set to report: Microsoft tomorrow, Meta on Wednesday, Apple and Amazon on Thursday. Much depends on investor sentiment. Has the tech sector pulled back enough for investors to buy again, irrespective of earnings? Will further disappointments trigger another wave of selling? If the latter, will funds continue to pour into smaller stocks? There’s a lot to consider. And that’s before adding in monetary policy meetings from the Federal Reserve, Bank of Japan and Bank of England, and US Non-Farm Payrolls on Friday. This may prove to be the decisive week ahead of the summer’s main holiday month.by TradeNationPublished 3
SPX500 retest breakout The spx500 has broken the weekly bear channel, and will likely pivot retest, meanwhile bitcoin could follow. It's not financial advice Longby LucasP26Updated 332
S&P500 Potential UpsidesHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5350 zone, S&P500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5350 support and resistance area. Trade safe, Joe.Longby JoeChampionPublished 4439
SPX-Markets Brace for a Critical Week: Earnings and Fed DecisionS&P 500 Analysis: Bearish Area in correction case The S&P 500 has corrected to its resistance level at 5,490. The next move is likely a test of 5,460, with a need for stabilization below this level to confirm a downward trend. Bullish Scenario: Stability above 5491 means will get 5512 and above it will get 5549 Bearish Scenario: The price will touch 5460 and then should close 4h candle below that, to be downward till 5438 and 5410 Key Levels: - Pivot Line: 5478 - Resistance Levels: 5491, 5525, 5512 - Support Levels: 5438, 5409, 5372 Today's Expected Trading Range: The expected trading range is between the resistance at 5512 and the support at 5409a. ------- Markets Brace for a Critical Week: Earnings and Fed Decision The S&P 500 faces its busiest week of earnings season as major tech companies report Q2 results amid market pessimism following Tesla's profit slump and Alphabet's lackluster earnings. Key reports include: Microsoft ( NASDAQ:MSFT ): Expected $64 billion in revenue (Tuesday) Meta Platforms ( NASDAQ:META ): Guidance suggests $36.5-$39 billion in revenue (Wednesday) Apple ( NASDAQ:AAPL ) and Amazon ( NASDAQ:AMZN ): Reporting on Thursday The performance of these tech giants, part of the "Magnificent Seven," is crucial to reignite investor confidence, especially in light of recent market volatility and the importance of artificial intelligence adoption. In parallel, the Federal Reserve will announce its interest rate decision on Wednesday, with markets keenly awaiting any indications of future rate cuts despite expectations of a rate hold.by SroshMayiPublished 2
SPX500 H1 | Pullback resistance at 61.8% Fibonacci retracementSPX500 is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 5,511.90 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 5,562.00 which is a level that sits above the 78.6% Fibonacci retracement level and an overlap resistance. Take profit is at 5,446.83 which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:37by FXCMPublished 1
SPX500 SELL NOW!!!!!!!!SPX been running over 70pips from my first entry analysis i got a perfect price rejections now on the fvg zone holding the price to see a new lows again am in on sell..... JOIN AND ENJOY TELL US YOUR VIEWS.........Shortby CAPTAINFX2Published 1
Hellena | SPX500 (4H): Long to resistance area 5684. Dear Colleagues, I believe that the price will still continue its upward movement. I believe that we are witnessing the development of a five-wave impulse and very soon the price will start moving in wave “5”. I expect that the price will either start its upward movement immediately or after a deeper correction to the area of 5477. After that I expect to reach the resistance area of 5684. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Longby Hellena_TradeUpdated 4412
SPX: a rate cut in (not) expectedThe oversold sentiment was holding the stock market during the previous week, however, the soft PCE report on Friday, brought back some optimism. The investors continue to be focused on the economic cycle movement, where small-cap indices gained during the week, while tech heavy indices were on a losing track. In this sense, Russell 2000 gained 1.67% during the week. The S&P 500 started the week around the level of 5.566, however, the lowest weekly level reached was 5.400. The index is ending the week at the level of 5.459. The industrial and materials stocks are currently in focus of investors, in anticipation that the environment of decreased interest rates would help these businesses in the future period. The tech companies included in the S&P 500 gained around 1% during the week. The main macro driver of the stock market during the previous week was the PCE Index posted on Friday. The headline PCE was increased by 0.1% on a monthly basis and 2.5% y/y which was fully in line with the market estimates. The analysts are currently anticipating more rate cuts during this year, as inflation is evidently slowing down. The FOMC meeting is scheduled for the week ahead, where some further investors re-positioning might be expected, based on Fed`s rhetoric in an after-the-meeting conference. by XBTFXPublished 9
Bearish reversal of 61.8% Fibonacci resistance?S&P500 (US500) is rising towards the pivot which acts as an overlap resistance and could reverse to the 1st support which is a pullback support. Pivot: 5,505.37 1st Support: 5,410.33 1st Resistance: 5,576.08 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.UShortby ICmarketsPublished 12
Weekly Recap & Market Forecast $SPX (July 28th —>Aug 2nd)**DIYWallST Weekly Recap & Market Forecast** --- Hello Investors! 🌟 This week was marked by significant economic and political developments, driving volatility in global stock markets. Let’s dive into the key events that shaped the financial landscape. 📈 **Market Overview:** The week began with a surprise rate cut by China’s PBOC, but this was quickly overshadowed by President Biden’s announcement that he was dropping out of the race. The Democratic Party swiftly rallied around Kamala Harris, with endorsements pouring in from state governors and, ultimately, the Obamas. By the end of the week, Harris appeared to have secured the nomination. The political developments contributed to a 'Trump-trade' sentiment, with small-cap value stocks continuing to outperform mega-cap technology shares. The cool June CPI and subsequent soft data points have also fueled expectations of Fed rate cuts later this year, underpinning this market rotation. The US yield curve steepened notably, with the 2-10 year spread popping above -15 bps, while the VIX rose sharply through Thursday. A letter from former NY Fed President Dudley may have increased investors’ expectations for a Fed rate cut. The Bank of Canada cut rates for the second straight meeting, while global PMI readings indicated some softening, particularly outside the services sector. Pulte’s home orders fell short of analyst expectations, and June existing home sales missed targets despite rising supply levels. Richmond Fed data was weak, and several major industrial and chemical companies cut their outlooks. June PCE data indicated “further progress” for the Fed, echoing concerns about discretionary spending and a softening consumer pushing back against price hikes. **Stock Market Performance:** - 📉 S&P 500: Down by 0.8% - 📈 Dow Jones: Up by 0.8% - 📉 NASDAQ: Down by 2.1% - 📈 Russell 2000: Up by 3.3% **Economic Indicators:** - **US Yield Curve:** Steepened significantly with the 2-10 year spread popping above -15 bps. - **June Existing Home Sales:** Missed expectations despite rising supply levels. - **Richmond Fed Data:** Indicated economic weakness. - **June PCE Data:** Showed progress in cooling inflation. - **Bitcoin Prices:** Climbed ~5% ahead of Former President Trump’s appearance at a crypto conference. - **Dollar and Yen:** The dollar remained steady, while the Yen rose amid speculation of a potential BOJ rate hike. **Corporate News:** - **Google and Tesla:** Earnings reports did little to curtail volatility. Tesla missed estimates and Google’s YouTube ad revenues fell short, leading to a decline in AI enthusiasm as Google's AI monetization efforts didn't meet investor expectations. - **Ford Motor:** Shares tumbled after a significant earnings miss, with the company continuing to lose money on each EV it produces. - **3M:** Shares surged after posting a big earnings beat, despite noting softness in consumer discretionary demand and mixed industrial end markets. **Looking Ahead:** Next week will feature several key events: - **Fed Rate Decision** - **Powell Press Conference** - **U.S. Jobs Report** - **Earnings Reports:** Microsoft ( NASDAQ:MSFT ), Apple ( NASDAQ:AAPL ), Meta ( NASDAQ:META ), Amazon ( NASDAQ:AMZN ), Intel ( NASDAQ:INTC ), ExxonMobil ( NYSE:XOM ), Chevron ( NYSE:CVX ), Boeing ( NYSE:BA ), and McDonald's ( NYSE:MCD ). As we look forward, these developments will be crucial in shaping market sentiment and guiding investment decisions. If you have any questions or need further insights, feel free to reach out. Here’s to another week of informed investing and strategic decision-making! 🌟 ### **Market Forecast (Updated 07/28/2024)** **SPX** - TSLA reported poorly on their earnings + weak guidance from GOOGL drove the market down. Money continued to Rotate into Small Caps from tech sector last week. With FOMC this week, we could potentially see a bottom in the market by Friday as we are pretty oversold at this point. Next resistance $5505 and $5653 Next support $5423 and 5285 Weekly Sentiment = Oversold **Chart Analysis:** () **Dollar Index:** DXY-Currently, the market is looking at 2-3 rate cuts by the end of the year, But we should get a clear picture from FOMC chair this week on exactly what they are thinking. JPY is also starting to gain strength, Both of these things could weaken the DXY. Next resistance $104.78 Support $104 Sentiment = Crossover to downside **Put to call Ratio: 1.15—> 1.28 Next FOMC date: July 31, 2024** **Fear & Greed Index: 49—>45** ! (prod-files-secure.s3.us-west-2.amazonaws.com) **BTC:** Crypto market has been pretty strong and testing resistance, Trump spoke very highly of crypto as well but he also flip-flops a lot. The key thing to watch here is the Dollar index, if that continues to drop, we could see btc test new highs. However, we have a huge trendline at 68k and if we can break over it, it could start a bigger bull run as well. Google our "DIYWALLST 2024 Crypto Forecast" for our favorite alt coins.05:50by WallSt007Published 1
S&P 500 index ,,, support zone The chart is on the support zone, and it could be end of 2 weeks correction. The last two days the volume of the trades was significant as a sign of returning. Based on my strategy, a new trend will be started if only the level of 5500 will be broken by a good bullish candle, preferably without upper shadow. The negative point on this correction is the size of bearish candles. forming large bearish candles may cause more correction. I will get my decision about 30 min before the Bell. by pardisPublished 117
SPX | About to correct the market | My 2 cents Elliott WavesWe look closely on SPY. I think we need one more high then it would be it. Watch all tech stocks, Nvidia and Bitcoin. Just opinion. Don't hurt me. :D Shortby thienlovvPublished 1
Short trade Observed Price Action Sun 28th July 24 NY Session - 6:45 PM Sellside 1 min TF Entry Entry: 5466.6 Profit Level: 5429.4 (0.68%) Stop Level: 5471.9 (0.10%) RR: 7.02Shortby davidjulien369Updated 0
SP500, log scale, 1929-nowThis is a crash scenario, where we reached millenium wave 4, after 1929 millenium wave 2. SP:SPX Shortby alapigaborPublished 112