S&P500Looking for selling opportunity in this short term whilst watching NAS moves as well, in correlation with this pair. Shortby TheGreatestOne0
Forecasting S&P500The S&P 500 Index is a widely regarded benchmark for U.S. large-cap equities. It includes 500 leading companies and covers approximately 80% of available market capitalization. The index is market-cap-weighted, meaning companies with larger market capitalizations have a greater impact on the index's performance...by ITManager_US1
Hellena | SPX500 (4H): Long to resistance area 6117 (Wave “3”).Dear Colleagues, I believe that price will still make new highs. I expect that the wave “5” of the middle order is not yet complete. Perhaps the price will test the 50% Fibonacci level of 5847 and then start an upward movement to the resistance area of 6117 (Wave “3”). This correction may not happen, then it would mean that the price continued the wave “3”. Manage your capital correctly and competently! Only enter trades based on reliable patterns!Longby Hellena_TradeUpdated 161624
Bearish drop?S&P500 (US500) is reacting off the pivot and could drop to the 23.6% Fibonacci support. Pivot: 6,083.37 1st Support: 6,027.94 1st Resistance: 6,107.21 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.Shortby ICmarkets1110
Nightly $SPX / $SPY Predictions for 12.06.2024🔮 ⏰8:30am Average Hourly Earnings m/m Non-Farm Employment Change Unemployment Rate ⏰10:00am Prelim UoM Consumer Sentiment Prelim UoM Inflation Expectations #trading #stock #stockmarket #today #daytrading #swingtrading #charting #InvestingTips Shortby PogChan0
Waiting and Waiting For The Generational Top Man, SPX has really doubled since I first wrote about the possibility of a generational top in markets, back in 2018. In that time, have there been material improvements to our quality of life? Have economic conditions for the average person actually gotten better? Instead, it seems, market orchestrators are finding new ways to profit in the digital age - digital currencies, leverage on digital currencies, leverage on companies who buy digital currencies with leverage...more and more leverage. Extract more and more profit from people's attention. Gamify trading and our lived experiences. Looking at the long term monthly chart for SPX, historical crashes have had price drop below the 200 month Moving Average (teal). Price has also tended to gravitate towards that purple trendline eventually. It has not touched since 2009. Before 2009, it had not touched since 1982. That's 27 years. If we see a similar gap, we wouldn't see a generational bottom until 2036, or over a decade from now. Perhaps some caution should be exercised. Price has ventured to the top purple trendline. When price gets up there, it tends to appear overvalued, which may indicate that a mean reversion must occur. Here it is zoomed in, showing a weekly bearish divergence. There's also the Great Depression Fractal. This could easily (in hindsight) be a blowoff phase. Previous ideas about this are linked below. I was obviously off the mark when I first posted about this in 2018, but I still think it's work looking at, as a point of interest. Not as a prediction, per se, but as an example of how bad a crash could get at these levels. Once the Dow broke above the orange megaphone, price more than doubled before crashing. At current levels, price has now more than doubled from the breakout point. A number of external factors are at play - rising populism/authoritarianism, rising global conflict...all symptoms of challenges with resources. Things are shaky up here. Time will tell. Great resets offer great opportunities. This is meant for speculation only! -Victor Cobra Shortby VictorCobra118
US500 morning analysisBearish count for US500. The key level/resistance in this count is 6197; it allows 1>3>5 and a complete impulse off 5 August low. Pitchfork shows bullish weakness, with price falling out of its structure. If count plays out, risk/reward improves for a short opportunity.by discobiscuit0
Short SPXKeeping it simple on this rising wedge. Good RR right here. 2week expShortby michaelcardona115
S&P 500: Riding the Wave of OptimismS&P 500: Riding the Wave of Optimism Amid Economic and Political Dynamics The S&P 500 continues its upward trajectory, buoyed by tech-driven gains and investor optimism, even as mixed economic data and geopolitical uncertainties loom. Here’s a deep dive into the current market landscape and what it means for the benchmark index. --- Economic and Market Drivers Tech-Led Rally and AI Optimism The S&P 500's performance has been significantly influenced by gains in the technology and AI sectors. Investors are betting on the transformative potential of AI, propelling stocks like Microsoft and Meta to the forefront. However, regulatory scrutiny, such as the FTC's probe into Microsoft's AI software sales, introduces a layer of uncertainty. Resilient Labor Market While the Challenger Layoffs report showed a slight uptick, JOLTS job openings rose to 7.744 million in October, indicating a stable labor market. This balance supports the Federal Reserve’s cautious approach to monetary policy, as Chair Jerome Powell reiterated the economy’s strength and gradual progress in reducing inflation. Mixed Economic Indicators - ISM Services PMI** fell to 52.1, below expectations of 55.7, suggesting a slowdown in service sector growth. - Durable goods orders increased by 0.3%, meeting expectations and reinforcing the narrative of economic stability. - Construction spending rose 0.4%, signaling robust investment activity. These data points reflect a U.S. economy navigating challenges while avoiding a hard landing—a scenario that fuels investor confidence. --- Federal Reserve Policy: A Turning Point? Fed officials, including John Williams and Christopher Waller, have hinted at the potential for a December rate cut, with futures markets pricing in a 74% likelihood of a 25-basis-point reduction. Inflation is expected to ease gradually, targeting 2% by 2025, but progress remains uneven. The Fed’s Beige Book also reported modest price increases and slightly higher economic activity, aligning with the central bank’s cautious optimism. This pivot towards monetary easing, coupled with balanced labor market conditions, is a positive signal for equities, particularly growth-oriented sectors. --- Corporate Highlights - Salesforce reported Q3 revenue of $9.44 billion, exceeding estimates, but missed on adjusted EPS, reflecting mixed investor sentiment. - Meta (Facebook) is aligning its strategies with evolving political landscapes, as CEO Mark Zuckerberg seeks to navigate regulatory and policy shifts. - Microsoft faces FTC scrutiny, a development that underscores the increasing regulatory challenges in the tech sector. Despite these challenges, corporate earnings have largely supported market valuations, adding another layer of support for the S&P 500. --- Seasonality and Sentiment December has historically been a strong month for the S&P 500, driven by: - Holiday-driven consumer spending. - Portfolio rebalancing. - End-of-year tax considerations. This seasonal strength aligns with the **Fear & Greed Index**, which currently stands at 56, indicating a greed-driven sentiment. Such sentiment often paves the way for further market upside, as investors are inclined to take on more risk in anticipation of future gains. --- Outlook: Optimism with Caution The S&P 500’s upward momentum is underpinned by strong tech-sector performance, resilient economic data, and seasonal tailwinds. However, challenges such as geopolitical risks, regulatory scrutiny, and uneven progress in disinflation could temper gains. With the Federal Reserve signaling flexibility and potential rate cuts, the market sentiment remains favorable. However, investors should remain vigilant, monitoring corporate earnings, economic releases, and geopolitical developments. In the near term, the S&P 500 appears poised to end the year on a strong note, but the path forward will depend on a delicate balance of economic stability and investor confidence.Longby InvestMate2
S&P500 lookin super tasty!!I think this is how it will be mamacitas! For now its going great!Longby G1D3onnUpdated 333
$SPX Today's Trading Range 12.5.24All right and in SPX today we have an implied move of 6055 to 6115 and that is from options The 30 day average volatility is quite a bit wider 6005 to 6165 Friday’s contract the implied movies between 6040 and 6130 We are at all-time high here. We made all-time high yesterday in that final candle, so that is our first level to know above that the top of the implied movie 6115, 6130 on Friday’s contract and because the 30 day average volatility is quite a bit wider than the implied move. I like to find a strike that’s in between those two and Today that is 6140 that would be likely the safest strike underneath us We do have the 35 EMA on the 30 minute timeframe. The 35 EMA is underneath the implied move which often signals a down or flat day right around that level. We also have that gap from yesterday which could use filling and 6055 is the bottom of the implied move. 60 Friday’s contract and again because the 30 day average volatility is much wider than the expected move. I like to add an extra strike in that case and that is 6030 for today.by SPYder_QQQueen_Trading0
A speculative perspective on bull run Hello traders & seniors & passionate new ones like me , I wanted to share with you this methodology I use to keep or withdraw my trust in a macro trend. I use Fibonacci levels , combined with how strong RSI is to cross or reach those levels. As per chart, for testing next levels (on Fibonacci), RSI is falling , which indicates to me that , for taking long term trades, or holding assets, we need to either hedge our risk or give ourselves a regular reality check for exiting the trades & assets with profit, while reaching times next year where trend can go sideways or reverse, or if fundamentals support even go for new highs. Rough guess March to June 2025 will be critical time for us to review our overall market sentiment. Our over-all market sentiment impacts our trades very much even on smaller time frames. We might be grounded on 4 hour or daily, but our trading consciousness comes from macro time frames. by arfien0
S&P 500 Targets: Continuation of Record-Breaking Gains Amid MacrTechnical Analysis The S&P 500 cash index, depicted on its daily chart, has extended its record-breaking trajectory by decisively breaching the prior resistance level of 6,031.24. This movement has prolonged the established bullish trend, guiding prices towards a critical resistance level at 6,110.21, corresponding with the 141.40% Fibonacci extension. A continuation of this bullish momentum could see buyers break through this resistance, subsequently targeting higher levels at 6,149.12 and eventually 6,221.99. Conversely, should sellers regain momentum, initially targeting the key support level at 5,840.49, a confirmed breakdown below this support would signal a potential shift in sentiment. Key Events to Watch The weekly jobless claims and U.S. trade balance reports are expected to provide further insights into the resilience of the economy. In addition, all eyes are on the non-farm payrolls report due on Friday, which will be instrumental in assessing the extent to which robust corporate growth has translated into labor market strength. Longby Errante2
$SPX Yesterday's Price Action RECAPSo I was unable to make a video tonight, so this is a recap of yesterday‘s price action. We did open SPX with a gap above previous all-time highs, and then we pushed to the top of the implied move, which was 607. So another day of all-time highs. If you had sold spreads today at 6080/6090 would’ve closed down about -33% And if you sold 6085/6095 those would’ve closed up about 66%. And 6090/6100 would be up 100% And if buying premium 6080 or 6085 would have been the winning strike by SPYder_QQQueen_Trading1
Noah or The Boy Who Cried Wolf?When I first started posting on Tradingview I was primarily focused on the broader markets and my expectation that we were nearing a generational top in multiple markets. In fact, by our estimation we should be the near the completion of a bull market that began at the bottom of the Great Depression lows. I knew based on the price structure that the move up off the Covid lows would likely be the final move up to complete this generational bull market. I anticipated the 5000 level being significant so once I saw the pullback at 4800 in 2022 start, I began watching for its conclusion and the subsequent retracement back towards the high. I did not expect the market to make a new high so I publicly begin calling out that a possible top was in back in May 2023: Of course as we know the markets did not top and we have been on an almost parabolic rise since. While the size of this rally is unexpected, its resiliency is not. ALL bull markets die while clawing and grasping for every last scrap of liquidity. With that in mind as the market reached critical junctions we prudently and publicly told people that a top could be imminent and to be extremely careful. Yes, we added a healthy dose of hyperbole on the top. We felt that was necessary to hopefully shake whoever may see it out their drunken love with this bull market long enough to consider that the market was at extremes at almost every key metric...and you should pay attention!!! Now we are at the point where I feel I need to make another bold public call: SPX will most likely top at the 6400ish level sometime by January 15th 2025 We expect the decline that follows to feel "crash-like" from a sentiment perspective. Something similar to what we experienced, feeling wise, during the covid decline. We expect the decline to last throughout 2025 into 2026 with price bottoming south of 4000 in the 3800 region (we will post more defined targets later). So as you go through my posting history you will definitely see times where I have felt strongly that a top was imminent. You may think to yourself, "This guy is a crazy permabear who uses Elliott Wave mumbo jumbo to crystal-ball the market..no way he's right". And you know what..maybe you are right. But you have to ask yourself: Am I, metaphorically, the child from the story, "The boy who cried wolf", or Noah from the biblical account of the flood? They both in their own way were screaming that "the sky was falling"...but one was actually telling the truth. Shortby Heartbeat_Trading7747
SP500 Climbs to 56th Record High of2024:Bullish MomentumContinueS&P 500 Technical Analysis The S&P 500 has soared to its 56th record high of 2024, closing at an impressive 6,070! The index's relentless rally shows no signs of slowing, marking yet another historic milestone as anticipated in our previous analysis. At present, the market exhibits strong bullish momentum, pointing toward a potential move to a significant resistance zone around 6,140. As long as the S&P 500 remains above 6,060, the bullish trajectory is likely to persist, with upward targets at 6,104 and 6,143. However, a decisive 4-hour candle close below 6,058 could shift sentiment to bearish, potentially driving the index toward the 6,022 level. Key Levels: Pivot Point: 6058 Resistance Levels: 6104, 6143, 6185 Support Levels: 6022, 5971, 5932 Trend Outlook: The broader trend remains firmly bullish, underpinned by strong momentum and the recent record-breaking performance. Longby SroshMayiUpdated 5
Final Post: The Collapse Is Brewing🚨 Final Warning: The Collapse is Brewing 🚨 The market is flashing unmistakable warning signals. If you’re still clinging to the idea of endless upside, it’s time to confront the data. Here are the key reasons why the market is on the brink of a major crash: 1. Record Dumb Money Investment, Consumer Debt, and Reckless Behavior Small traders, often referred to as “dumb money,” are more heavily invested in equities than ever in recorded financial history. Historically, these traders are most bullish at market tops, while smart money—like institutional investors—are quietly exiting. A prime example is Warren Buffett and Berkshire Hathaway. Buffett, widely regarded as one of the greatest investors of all time, has been signaling caution through his actions. Berkshire Hathaway is on track to finish its second straight year as a net seller of stocks, unloading a record $133.2 billion in equities through the first three quarters of 2024. The majority of these sales came from its largest holding, Apple (AAPL), generating over $125 billion in proceeds. Buffett's reluctance to reinvest that capital is a significant red flag. Even more telling, Berkshire has not repurchased any of its own stock this year for the first time in six years, signaling that Buffett believes even Berkshire itself is overvalued. This aligns with his famous adage: “Be fearful when others are greedy, and greedy when others are fearful.” At the same time, households are drowning in record levels of debt. Credit card balances have surged to all-time highs, and auto loan delinquencies are near record levels, signaling that consumers are stretched to the brink. Meanwhile, households have allocated more of their portfolios to equities than ever before, reaching record levels of stock investments as a percentage of total household equity. This dangerous combination of overleveraged consumer spending and peak exposure to equities creates the perfect storm. When the market begins to fall, liquidity issues and forced selling could accelerate the crash dramatically. 2. Elliott Wave Analysis: A Probable Turning Point When Wave 3 is extended, Wave 5 is typically shorter and often mirrors the length of Wave 1. In the chart above, I highlight a potential key target at 6,104.51 on the SPX, where Minor Wave 5 will equal 161.8% of Minor Wave 1. This level represents a probable turning point, as Wave 5 is unlikely to extend much further given the size of Wave 3 and the guideline concerning Wave 3 extensions. Additionally, the Minor Wave 1-3 trendline, shown on the chart, is a critical resistance level and a reliable predictor for pinpointing the end of Wave 5. This trendline suggests that Wave 5 is ending very soon, most likely by the end of the year. 3. Uninverted Yield Curve (After a Record Inversion) Buffetts favorite recession indicator! The yield curve has recently uninverted, a historically flawless predictor of recessions. But this time, it spent a record amount of time inverted, signaling extreme stress in the financial system. There is a strong historical correlation between the length of the inversion and the severity and length of the subsequent recession. With this inversion lasting longer than any in recorded history, the implications for the economy could be catastrophic. Final Thoughts The writing is on the wall. With record dumb money investment, Elliott Wave pattern nearing completion, a recently uninverted yield curve after a record inversion, and record consumer debt, the market is primed for a crash. Banks are sitting on over $500 billion in unrealized losses—and that’s just what we know of. The cracks in the financial system are growing, and in 2025, we should prepare for a 40-50% correction in US equities and banking failures across the globe. Greed and recklessness have reached unsustainable levels. History shows that these excesses are always punished, and this time will be no different. Stay cautious—this is your final warning. There will be no other post.Shortby BardiniCapital4412
S&P 500 Wave Analysis 4 December 2024 - S&P 500 broke round resistance level 6000.00 - Likely to rise to resistance level 6130.00 S&P 500 index continues to rise steadily after breaking the round resistance level 6000.00, which stopped the earlier upward impulse wave at the start of November. The breakout of the resistance level 6000.00 accelerated the active minor impulse wave 3 of the intermediate impulse wave (3) from August. Given the strong daily uptrend, S&P 500 index can be expected to rise in the active extended daily Wedge toward the next resistance level 6130.00, target price for the completion of the active impulse wave 3. Longby FxProGlobal0
S&P500 short: wave 3 = wave 1Take note that this is CFD where prices includes non regular trading hours and thus allows for this count (prices using only rth can't have this count as wave 3 is the shortest wave in SPX and SPY). I am attempting a short here as I believe that there is a chance that we are reaching the peak this week and this is as good as any to attempt a low risk short. A 10 points stop loss should be good.Shortby yuchaosng112
Probable s&p 500 movements due to consensus analysys for 2025Given all analist predictions for 2025 linear regression, log term channel and slowing of growthby GlebNikitin0
Bulls and Bears zone for 12-04-2024It seems that Bulls keep buying and there is no end to this rally. However, all good things come to an end, it is just matter of time. Level to watch: 6084 --- 6082 Reports to watch: US Factory Orders 10:00 AM US Jerome Powell Speaks 1:40 PM US Beige Book 2:00 PMby traderdan591
S&P 500: BEARISH DIVERGENCE ALERT – Is This Time Different? Alright, listen up, my chart-watching warriors! 🎯✨ We’ve got ourselves a spicy situation on the S&P 500 Weekly Chart, and it’s SCREAMING caution right now. 🚨 The big question? “Is this time different?” Spoiler alert: Probably not. Let’s break it down 👇: 🚨 Bearish Divergence 101 First, let’s talk about the elephant in the room: BEARISH RSI DIVERGENCE. 📊 Price is making higher highs. (Woohoo, right? Wrong. 😬) 💔 RSI is making lower highs. (Oof. 🛑) This is like your car’s engine light coming on while you’re flooring it. Yeah, it’s fun for now, but guess what? You’re headed for trouble. 💀 Déjà Vu? History Doesn’t Lie! Let’s roll back the tape: 1️⃣ Feb 2020: Bearish divergence showed up. Result? BOOM – the COVID crash. 💥📉 2️⃣ Jan 2022: Another divergence. What happened? The market went full bear mode for a year. 🐻🔥 And now? Here we are in Dec 2024, and the exact same pattern is rearing its ugly head. Do we really think this time is different? I don’t think so. 👀 The Bearish Setup: 📈 Trendline Resistance: We’re right at the top of a multi-year rising trendline. This is a make-or-break zone. 💔 RSI Downtrend: The RSI is already sloping down, showing weakening momentum. Buyers are running out of gas. ⛽️💨 💡 Translation: This rally’s on borrowed time, folks. 🔥 George’s Hot Take: This is what I call a “SELL THE RIP” scenario. Here’s the plan: 1️⃣ Watch for a rejection near the current highs (6,050–6,100). 2️⃣ If we break below 5,800, it’s GAME OVER – bears take the wheel. 🐻 3️⃣ Targets? 5,400 is in the cards, and if things get ugly, we could be staring at 5,200. BUT WAIT… IS THIS TIME DIFFERENT? 🤔 You’ll hear the permabulls saying, “Oh, the market is resilient, blah blah.” Sure. But guess what? Patterns don’t lie. If this divergence plays out like it has TWICE before, we’re looking at some serious downside. Don’t fight the charts, fam. 📉 Final Thoughts from the Bear Cave: 🐻 The S&P 500 is flashing warning signs loud and clear. This isn’t the time to be a hero. Play it smart: Tighten stops. 🚦 Hedge your longs. 🛡️ Be ready to SHORT if we break support. 🎯 Let’s see how this plays out, but remember: The charts always win. 👑 Trade safe, my legends. ✌️Shortby EdgeDotForex6639
SP 500 heading into resistance?Hi Guys, The SP 500 is slowly grinding higher and higher with every call for a top being dismissed by bulls as the index continually keeps creating all time high after all time high. Price is currently heading towards an zrea where we may find some selling pressure. The red box on the chart is that area and it contains the 2.0 retracement of the bear market high to low. That zone also coincides with the trendline drawn across the top Daily RSI is showing divergence but not in overbought but 4hr is showing overbought and divergence Lower timeframe entries may provide nice risk to reward trades. Safe Trading all.by elyask1201