Bulls and Bears zone for 07-24-2024Yesterday's price action suggests that Bears are still in control and plenty of supply left. Level to watch: 5547 --- 5545 News to Watch: US PMI Composite Flash 945 AM EST US New Home Sales 1000 AM EST US EIA Petroleum Status Report 1030 AM ESTby traderdan59Published 0
US500 / S&P 500 Money Heist Plan in Bearish sideMy Dear Robbers / Traders, This is our master plan to Heist US500 / S&P 500 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Shortby Thief_TraderUpdated 3
US500 - near to his supporting area? whats next??#US500 S&P... fantastic drop from your resistance area as we discussed in our previous idea and market placed low's around our supporting levels. now market is at his one of the most important supporting area that is 5485 around. keep close it because if market hold it then again buying expected from here. don't be lazy here and keep close. good luck trade wiselyby AdilHussain731333Published 0
The Bearish Cycle of SPX has begun.TL Overshort, rejected, recent price action(PA) has been bearish, the market seems to be overvalued. The AI rush will subside due to the lack of data storage, and questions about how to sustain energy consumption, among other concerns about the sustainability of the tech rush, remain. I think the tech industry will be the leading factor in the bearish cycle as the market continues finding lower levels from higher highs (HH). The forecast predicts a movement towards 4,400 points on the S&P 500 (SPX).Shortby achhPublished 114
SPX500 continuation loweIn last two days we got decent size of a pullback right to the 240 min intervals. As for now we starting to have MA crossing down again and could have possible continuation to the movement downwards as we still extended off the weekly levels. Suggestions to trade: wait for the gap to be filled, then enter at the upper support lines with signals. UShortby SergienkoDanielPublished 111
SPX500 TAKE SELL ENTRY NOW!!!!!!!!SPX made a breakouts from the sell side liquidity with a price rejections from the fvg zone on 4h time frame am taking a sell entry now holding to create new lows JOIN AND ENJOY Tell us your views.........Shortby CAPTAINFX2Published 114
S&P 500 Uptrend Survives - Peak Earnings Season on TapUnlike the Nasdaq 100, the S&P 500 has managed to keep it's near-term uptrend intact, painting a potentially bullish picture for the broad index. The next two weeks sees over 60% of the index's earnings get reported, offering major potential for volatility in individual names, especially among the "Magnificent 7" stocks that are so heavily weighted in the index. As long as previous-resistance-turned-support at 5490 holds, the path of least resistance will remain to the topside. -MWby FOREXcomPublished 1
BUY SET UPIf the market closes out of the previous zone, then we have us a nice buy breakout setup for the continuation of the uptrend.by abeshaw97Published 0
SELL SET UP If the market closes back inside this zone , then I will be looking for the sell. want to make. From a technical standpoint this could be a nice set up for the newsShortby abeshaw97Published 0
SPx / BREAKOUT, Pivot ZoneS&P 500 Analysis: Reached to the breakout zone The price dropped and reached the breakout zone between 5550 and 5525, to confirm the right direction should close 4h candle above or below it. Bullish Scenario: The bullish trend will be activated by stabilizing above 5550 to get 5580 and above 5585 will get 5620. Bearish Scenario: For a downtrend, the price will touch 5525 and then should stabilize under 5525 to be downtrend till 5491 Key Levels: - Pivot Line: 5550 - Resistance Levels: 5580, 5620, 5640 - Support Levels: 5525, 5491, 5460 Today's Expected Trading Range: The expected trading range is between the resistance at 5585 and the support at 5460.by SroshMayiUpdated 5
Alphabet and Tesla - Q2 earnings get seriousUS stock index futures were mixed in early trade this morning. This followed a positive session across all the majors yesterday with strong gains for both the tech-heavy NASDAQ 100 (+1.6%) and the mid-cap, domestically-focused Russell 2000 (+1.7%). Investors will be relieved by the turnaround in fortunes following a general sell-off in the latter half of last week. This saw all the major indices give back a chunk of recent gains. As far as the NASDAQ was concerned, this took the index down to its lowest level so far this month. Prior to last week’s sell-off, there had been much talk over the rotation in equities which followed a better-than-expected CPI inflation report earlier in July. Investors rushed to take profits in the big techy market leaders, and reinvested the proceeds in many of the mid-cap constituents of the Russell 2000. Current discussions focus on whether that rotation is set to continue, as investors look forward to interest rate cuts, and seek out value away from the giant corporations which have driven market gains for so long. Of course, if the rotation were to continue, we should expect further declines in the mega caps, and more of a bounce in small caps. That isn’t what we’re currently seeing. Instead, it looks as if the stock market rally is broadening out. The pullback in tech proved to be a buying opportunity, and investors continue to push money into those long-neglected, and potentially undervalued, areas of the market. That could be a bullish signal. But it could also suggest an investing environment where money is thrown around with abandon, signalling that the bull market may be on its last legs. Where you sit on this could depend on whether you think this month’s sharp rally in regional banks is a rational response to an undervalued chunk of the market, or a reckless gamble. Tonight sees the release of earnings from Magnificent Seven members, Alphabet and Tesla. Comments, or a lack of them, over forward guidance may be key. by TradeNationPublished 2
S&P 500- BUYDaily: V spike Reversal off the EMA Awaiting NYSE 9:30 Opening for entry, buy above the Previous Daily High Longby Jeremiah_CapitalPublished 1
S&P500 Bullish ConfluenceS&P500 Daily Chart We can see strong uptrend here and price keeps forming new higher lows. It is currently testing bullish trendline with a bullish engulfing, so it is reasonable to expect bullish move. We can also see stoch. RSI "buy" signal ✅ Longby SanShonePublished 8
Going Long on S&P500US500 has reversed the bearish trend respecting a very strong trendline on daily tf, adding a bullish divergence and the formation of HH and HL is the confirmation of an uptrend expected. Therefore going long on US500Longby mustafabaig99Published 0
SPX500 ... WHERE WILL SHE GOSPX500 started the week pushing up. Sundays and Mondays are always a hit or miss especially with indexes unless there is news. I'm expecting a moderate start to whichever moves she chooses. Honestly, we have to wait for candle closing and follow structure through.by SamShootaPublished 0
Bullishif you couldn't open entry from the bottom, now is a good time to buy againLongby tselmegFOREXPublished 222
Bearish reversal?S&P500 (US500) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support which is an overlap support. Pivot: 5,579.54 1st Support: 5,504.68 1st Resistance: 5,617.52 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 6
SPX ending its pullback. Ready for new highs?As per highest volume in last few days we got a demand bar right off the monthly support line. The price action now decides if we continue moving higher, or if it wants to have a more deeper pullback. Suggestion to taking longs after pullbacks to the 240 or 30 min signals. ULongby SergienkoDanielPublished 2
Crash incoming in 2025-2026That's exactly the classic which happened in 1970. The market have been for a long time extended too much and much of the rich guys already took alot of profits these last months alone. So be aware of itShortby cryptodamsi_Published 223
S&P500 - Was this already the all time high?SP:SPX is still massively bullish on the smaller timeframes despite retesting strong resistance. Sometimes trading can be soo simple but yet rewarding. You simply have to buy the S&P500 at support and sell your position at resistance. At the moment, the S&P500 is once again retesting a resistance trendline, which has been pushing price lower for more than 14 years and there is just an extraordinary high chance that we will again see a rejection. Don't say I did't warn you! Levels to watch: $5.600, $4.800 Keep your long term vision, Philip - BasicTradingShort03:43by basictradingtvPublished 9941
S&P500: Never a CoincidenceAs one of the most traded indexes in the world this asset has consistently respected the Fibonacci levels based on it's last local low. Considering how aggressively price is moving up now & how pessimistic the market was the last few years I think it's likely we climb higher. It's important to see how it reacts to these levels a resistance levels to look for exhaustion but overall the trend is strongly bullishLongby sachu_blessyouPublished 1
Sharing ICT 1:2RR TradeBuy Side LQ Grabbed. Now going to grab SSL. Easy 1:3RR trade but we will take partial profit at 1:2RRShortby ahmdilyasPublished 1
SPX: a blue-screen traumaThe major event during the previous week had nothing to do with financial markets, however, it led to a loss of investors confidence. Namely, an unfortunate situation occurred with an update of the Microsoft operating system, where many users were experiencing technical issues with the use of their computers based on the MS operating system. Considering that some of those users were governments, airplane companies, banks, payment systems, hospitals, to name a few, the western world had to stop for the moment on Friday on its historically largest IT outage. Engineers from Microsoft and CrowdStrike managed relatively swiftly to solve the issue, but the damage was done, and was reflected on the price of shares of both companies. MSFT went down from $455 to $432 traded on Friday. For some time now there are more emerging discussions among analysts and economists whether the tech companies have reached their maximum potential at this economic round? There are also discussions whether it is time for investors to turn to small-cap companies, which have the biggest potential for growth in the environment of decreased interest rates. The S&P 500 reached another all time highest level during the previous week at the level of 5.667, however, at this point the index started its stronger correction, ending the week at the level of 5.505. A dip of 1.97% on a weekly level marked its worst performing week since April this year. As investors are weighing their next move and transfer of funds, some further increased volatility of the index is quite probable in the coming period. by XBTFXPublished 8