SPX / SPY / ESM5 - Resistance levels aheadSPX is looking healthier above its shorter term MAs, particular with two closes above the 21 and downward trend line. There are still plenty of resistance areas ahead, including key fib levels, a gap fill, 100 and 200 down-sloping EMAs, and a swing symmetry level.
SPX trade ideas
$SPX Urgent! My <3 & My Soul: Slow Bleed Crash to 3k by Q4 26' Do be warned. Very important post here. I put my heart and soul into this. I made a video earlier and then it got deleted by accident, so I made a less happy one right after. I've got news for all the bulls and investors out there that feel they will be able to continue buying every single dip out there. Get ready for the dip that keeps dipping. Big names already cracking heavy. NASDAQ:META NASDAQ:TSLA NASDAQ:AMD NASDAQ:NVDA to name a few. Big tech is getting cleaned out and layoffs are on the rise. Tariffs create huge amounts of uncertainty. I don't feel like this is rocket science. Buffet is all cash. 89% of Hedge Fund managers believe the US market is the most expensive its ever been and Tutes have been selling at the highest rate ever before. I think it's time the US finally gets a shake down. Bullish conditioning has been running rampant, and I've seen Social Media Accounts discourage charting and only paying attention to price action? Price action involves the entire collective, not just one Timeframe. Anyways, here's an overlay from 01' ... the only one I could find that matches. Says short 560 around May 7th and then take profits around 500 again. Let's make this a nice one. Calls till 560 into May then flip to Puts into June. From then short 530 every time you can. $450 is My first target after we break previous lows. I will update as we go. Have a good one yall.
S&P 500 Daily Chart Analysis For Week of April 25, 2025Technical Analysis and Outlook:
In this week's trading session, the Index did steady to higher prices, distancing itself from the rendered obsolete Mean Resistance level of 5455 and targeting the next significant mark identified as Outer Index Rally 5550. This trend lays the groundwork for a continued upward movement; however, there is also a considerable risk of a sharp pullback to the Mean Support level of 5370 after reaching the Outer Index Rally at 5550.
Contrariwise, it is essential to acknowledge the possibility of upward momentum continuation resulting in meeting the primary target Outer Index Rally 5550 by challenging the Mean Resistance of 5672 and extending toward additional levels: Mean Resistance 5778 and Outer Index Rally 5945.
S&P 500: Defensive Plays Dominate as Growth Sectors Falter- Key Insights: The S&P 500, currently priced at **5275.7**, reflects cautious
investor sentiment, with defensive sectors like **utilities**, **consumer
staples**, and **real estate** outperforming amid market volatility.
Elevated uncertainty is evident from higher VIX levels, driven by
geopolitical tensions, weak forward earnings guidance, and concerns about
growth sectors such as **technology** and **semiconductors**. Institutional
flows into safe-haven assets like **gold** signal limited risk appetite,
suggesting near-term weakness in equity markets.
- Price Targets: For the upcoming week, a cautious long position is suggested,
given support scenarios and stabilization prospects.
- **Target 1 (T1): $5380** (short-term resistance)
- **Target 2 (T2): $5450** (psychological level)
- **Stop Level 1 (S1): $5180**
- **Stop Level 2 (S2): $5135**
- Recent Performance: The S&P 500 displayed mixed performance, with defensive
sectors outperforming while growth sectors like technology lagged due to
pressures from macroeconomic factors. The broader equity landscape remains
volatile, as indicated by the elevated VIX readings and constrained trading
ranges in major indices such as the Russell 2000.
- Expert Analysis: Analysts recommend defensive positioning, favoring sectors
like **utilities** and real estate, as investors grapple with recessionary
risks and inflation concerns. Technology and semiconductor stocks,
particularly **Nvidia** and **AMD**, face headwinds from regulatory
restrictions and trade tensions with China. Federal Reserve statements
suggest potential rate cuts later in the year, but near-term hawkishness
persists, given inflationary pressures.
- News Impact: Key earnings reports from **Tesla**, **Google**, **Intel**, and
**Boeing** could drive sentiment shifts. Tesla's results may influence
market trends heavily, reinforcing key technical levels. Additionally,
renewed U.S.-China trade concerns over semiconductor tariffs add
uncertainty. A weakening U.S. dollar favors safe-haven assets such as
**gold**, while geopolitical risks and economic softness point to limited
upside for risk assets in the near term.
S&P500 INTRADAY resistance at 5510Global Trade & Geopolitics
China may suspend steep tariffs on some U.S. imports, like medical equipment and ethane, to ease pressure on key industries—hinting at a more pragmatic trade stance.
Apple plans to shift most U.S. iPhone production to India by late next year, while Walmart is helping Chinese exporters sell locally—both reflecting efforts to reduce reliance on China.
U.S.-Russia-Ukraine: The U.S. will push for Russia to recognize Ukraine’s right to its own military in any peace deal. However, Trump suggests Ukraine may have to cede some territory. Meanwhile, reduced U.S. aid is increasing Ukraine’s exposure to Russian cyberattacks.
Market Impact:
Watch for shifts in trade-sensitive sectors, supply chain plays (especially in tech), and defense stocks as geopolitical risk evolves.
Key Support and Resistance Levels
Resistance Level 1: 5510
Resistance Level 2: 5660
Resistance Level 3: 5790
Support Level 1: 5110
Support Level 2: 4950
Support Level 3: 4815
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
SPX path forwardThe SPX appears to be transitioning out of Wave 4 and initiating Wave 5 of the current Elliott Wave cycle. This breakout from Wave 4 suggests the final leg of the broader impulsive structure is underway, typically characterized by renewed momentum and trader interest.
At this stage, we can expect a pullback or bounce near the previous Wave 3 low, which often acts as a key support level during the early stages of Wave 5 development. Should this level hold, price action is likely to resume downward, completing Wave 5 within the projected target zone.
Downside targets for Wave 5 completion are currently in the 4,700 to 4,600 range, aligning with a typical Fibonacci extension (0.618–1.0 of Wave 1 through Wave 3) and previous structure zones that may offer confluence.
US500 BULLISH SYMMETRICAL TRIANGLEhi
Fundamental view
The **US500 index** dropped due to several key factors affecting the U.S. stock market:
📉 **Tech Stock Decline** – Technology stocks faced heavy pressure, especially after **Nvidia** plunged **6.9%** due to U.S. restrictions on AI chip exports to China. Other stocks like **AMD (-7.3%)** and **Micron Technology (-2.4%)** also fell.
💰 **Federal Reserve Uncertainty** – Remarks from **Fed Chair Jerome Powell** raised concerns in the market. Powell warned that new tariffs could trigger higher inflation and slow economic growth, making investors uncertain about interest rate policies.
🛍️ **Surge in Retail Sales** – Retail sales jumped **1.4%** in March as consumers rushed to buy before new tariffs took effect. This highlights economic uncertainty, pushing investors to sell their stocks.
Overall, a mix of trade tensions, uncertain monetary policy, and a tech stock sell-off caused the **US500 index to drop 120.93 points (-2.24%)** on **April 16, 2025**.
Technical view
Yes, the **bullish symmetrical triangle** pattern is often a strong signal for upward price movement. When the price moves within this pattern, it usually indicates a **tightening volatility** before a **breakout**, which can present a good market entry opportunity.
🔍 **Breakout Confirmation**
1️⃣ Increased trading volume when price breaks above the **upper trendline**.
2️⃣ A closing candle above the **triangle resistance** for a valid signal.
3️⃣ Price targets can be measured using the pattern’s initial height as a projection.
📈 **Potential Price Movement**
If the breakout happens, the price could surge toward the next **resistance level**. However, if the breakout fails and price moves below support, the pattern could turn **bearish**.
Warren Buffett famously said, “Be greedy when others are fearful.”
good luck
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
US500 Bullish Momentum Boosted by Tariff ExemptionsUS500 Bullish Momentum Boosted by Tariff Exemptions
The US500 index may continue its upward trend after President Trump announced exemptions for smartphones, computers, and other tech products from new tariffs.
This decision eased market concerns, especially for companies like Apple, which rely heavily on manufacturing in China.
Trump had previously imposed steep tariffs on Chinese imports, but the exemptions now include semiconductors, solar cells, TV displays, and data storage devices. These changes could support further bullish movement in the market.
You may watch the analysis for further details!
Thank you!
Stock Markets Consolidate Ahead of the HolidaysStock Markets Consolidate Ahead of the Holidays
A lull is expected on the financial markets today due to a shortened trading week related to the Easter holiday celebrations.
It is reasonable to assume that traders will get a “breather” after a news-heavy April, which caused a volatile “shakeout” in the stock markets.
US Stock Markets
On Wednesday, Federal Reserve Chair Jerome Powell was both cautious and somewhat aggressive in his forecasts regarding US monetary policy, stating that Trump’s tariffs could delay the achievement of inflation targets.
In response, US President Donald Trump accused Powell of “playing politics”, hinting at his possible dismissal.
European Stock Markets
On Thursday, the ECB cut interest rates for the seventh time in the past 12 months, and European Central Bank President Christine Lagarde left the door open for further easing.
Analysts had expected a rate cut from 2.65% to 2.40%, so the financial markets reacted relatively calmly to the ECB’s decision.
Technical Analysis of the S&P 500 Chart (US SPX 500 mini on FXOpen)
On the charts of European and US stock indices today, a narrowing triangle pattern is forming, indicating a balance between supply and demand — in other words, price is more efficiently factoring in all influencing elements.
On the S&P 500 chart (US SPX 500 mini on FXOpen), the triangle is highlighted in grey. The ADX and ATR indicators are trending downwards, which underlines signs of consolidation.
From a bearish perspective, the market is in a downtrend (marked by the red trend channel) — but from a bullish point of view, price is in the upper half of the channel.
Although the situation appears “reassuring”, the long weekend may bring a string of high-impact statements from the White House, which could disrupt the balance and lead to a breakout from the triangle.
It is not out of the question that the bulls may seize the initiative and challenge the upper boundary of the channel in an attempt to lay the groundwork for an upward trend (shown in blue lines).
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SPXGiven the escalating tariff pressures, it's clear that this scenario is unsustainable for any economy in the long term. I anticipate a resolution to the US-China trade issue within the next few weeks to months.
The current market correction is likely a reflection of the accumulated negative impacts from Trump's second term, and from a technical analysis perspective, further downside levels are indicated on the charts.
However, looking at the broader, four-year horizon of Trump's presidency, there are several potentially bullish factors, including tax cuts, financial deregulation, continued Fed dovishness, and the possibility of renewed quantitative easing.
stuck between 2 trend lines!Boost and follow for more 🔥SPX is holding trend support, resistance = support is also showing up. push higher into trend resistance can happen from here.
maybe we get a break of the trend resistance sometimes in the next few weeks.. this seems like a choppy week with no crazy moves
chart request from @sweatytrigger
S&P500 – Bullish Setup Into Major Top!We expect a strong rally on the S&P 500 starting next week. Based on our timing models and wave structure, we believe a major top is likely to be formed on one of the following key dates:
📅 April 22nd, April 24th, or April 29th, 2025
🔹 Rally Targets:
• First Target: $5,630
• Second Target: $5,787
• Third Target: $6,000 (upper range projection)
This move is part of a final leg up before we anticipate a major reversal and strong downward move, potentially marking a significant turning point for the broader market.
🧠 We are currently positioned to capture this upside and will reassess risk closely as we approach the above-mentioned dates. Precision matters — and so does timing.
S&P500 1D Death Cross formed! Market COLLAPSE or Bear TRAP? The S&P500 index (SPX) is attempting to recover from the April 07 2025 market low, following the 90-day Tariff pause.
Last Thursday however it formed a Death Cross on the 1D time-frame, he first since May 11 2022, which was during the last Inflation Crisis correction. That was nothing like the current crash though as it was a technical 1-year Bear Cycle in contrast to today which is a flash crash inflicted by Trump's tariffs.
What looks though most similar to today is the 2020 COVID crash. Equally fast and brutal, that sell-off also took place under an extreme pressure environment of uncertainty (economic lockdowns) which the world has never seen, similar to today's tariffs that admittedly have put (for the moment) an end to the U.S. - China trade.
The COVID crash phase also formed a 1D Death Cross just 4 days after the March 23 2020 bottom. Last Thursday's 1D Death Cross came also just 3 days after the April 07 2025 Low. If this pattern of extreme market shock is a repetitive model under such fundamental events, then the stock market has bottomed. And if it follows the exact same recovery pattern as post-COVID, then it may reach the 1.1 Fibonacci extension at 6300 in a little over 5 months (162 days).
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SPX: Eye of The StormIn a hurricane the EYE of the storm is region of "calm" and even blue skies
To the unaware, the break in the clouds and the blues skies may bring a sense of relief that "the worst is over"
But the informed know that the OTHER SIDE of the storm is coming and the worst has yet to happen
IMO the aforementioned scenario accurately describes what we are about to see in markets
The Administration is slowly backing off the more severe of the tariffs
Over the weekend they removed tariffs on major electronics and associated components coming from China which should bring a sense of relief to markets
We will most likely see continued softening on the worst of the tariffs as the administration grapples with the true reality of things: MARKETS ARE IN TROUBLE
This softening will give the appearance that things will be OK and we may even see markets rally to new ALL TIME HIGHS
But a rally to new ATHs will be akin to the "eye of the storm" as just like with a Hurricane..the other side of the storm is coming
SPX Fractal Expansion: New Highs Ahead Despite FearAs of April 14, 2025, the CBOE:SPX is exhibiting a clear fractal expansion, suggesting the beginning of a new bullish leg. The recent correction, which caused widespread panic, appears to have completed a fractal cycle reset, with price respecting historical support near 4704 and forming a new fractal edge around 5300.
Despite the fear-driven selloff, momentum indicators like RSI and MACD show signs of bottoming, and volume surged on rebound days, confirming strong institutional buying. The price is now testing temporary resistance at 5878, with a path open to reclaim all-time highs (6100+).
Global & Technical Tailwinds
Technical momentum is recovering across timeframes, with positive divergence on stochastic oscillators.
Breadth is improving: More stocks are participating in the rally, reflecting internal strength.
Sentiment has flipped: The VIX has cooled from panic levels (above 45), and investor fear is easing.
Macro support: Inflation is declining, and central banks are signaling potential rate cuts by late 2025.
Earnings outlook remains solid, and analysts forecast SPX to end 2025 around 6500–7100.
🔍Conclusion
The SPX is carving out a fractal mirror of past bullish reversals, reinforced by strong macro and technical context. Barring unexpected shocks, the index is likely to break above resistance and push toward new highs, even as residual fear lingers. The setup favors buying dips within this emerging structure.