SPY/QQQ Plan Your Trade For 5-22 : Inside Breakaway CountertrendToday's Inside Breakaway in Countertrend mode suggests the markets may attempt to move downward - away from the recent highs.
I believe the SPY/QQQ will move into a sideways/consolidation range over the next 3-5+ trading days before attempting to make any big moves. We have a holiday-shortened trad
About S&P 500 Index
Standard & Poor’s 500 is an American stock market index consisting of 500 large companies having common stock listed on the NYSE or NASDAQ and their market capitalizations. It captures approximately 80% coverage of available market capitalization. Because it includes both growth stocks and value stocks it is one of the most followed equity indices and is considered to be one of the best representations of the U.S. stock market and a trend indicator for the U.S. economy. S&P introduced its first index in 1923 and its present day form on March 4,1957. It was developed and continues to maintained by S&P Dow Jones Indices, a joint venture majority owned by McGraw Hill Financial.
Top 10 Rookie Trading Mistakes (And How to Laugh at Your Own)So you’ve just discovered trading. Maybe it started with a Reddit thread. Maybe someone said “trading Nvidia NASDAQ:NVDA is like printing money.” Or maybe you just liked the name “Shiba Inu” and figured memecoins was a good investment thesis.
Either way, welcome. This is where dreams are made,
This Guy has arrows down to 4400My last market update ended up receiving a comment from a Trading View user that seemingly was mocking the fact that my shorter-term chart posted in an update to my followers had directional arrows down to the approximate area of ES 4400.
Here's my longer-term expectations. If some didn't like 4400
US500 at a Crossroads: Diamond Pattern in PlayUS500 at a Crossroads: Diamond Pattern in Play
US500 is forming a small diamond pattern, but the risk is high since the pattern is still developing and could evolve further.
The price shows signs of a decline, but a strong breakout is needed to confirm the movement.
Diamond patterns are typicall
The Macro Importance of the 4.23 Breakout or Fake-outWe are at an incredibly interesting and unique point in SPX. I am fascinated to see how this ends up resolving.
Based on everything I know, these things predict extreme trend events come next.
First let's take a moment to qualify the idea the 4.23 is going to be important. The idea of using a lin
Is minor B done?In my last post…” We Have a Full Pattern into The Target Box” … I stated, “I am now looking for a 5-wave pattern to develop to the downside, followed by a 3-wave retrace, that in the coming weeks can take us back out of the target box to the downside.”
That pattern may have begun today in the very m
US500: Bullish Trend Holds Despite Moody’s DowngradeUS500: Bullish Trend Holds Despite Moody’s Downgrade
On Sunday, Moody’s downgraded U.S. debt to AA1, citing rising interest costs and unsustainable debt growth. They noted that U.S. debt funding costs are much higher compared to similar economies, with interest payments significantly exceeding tho
Full Bear Break PlansToday we took out our second important support level and have sold off strong under it. We're in a rally as I write this but it's still inside the expected corrective range.
We still have not net where I'd expect critical supports to be around 5500 but at this point KI feel we do have enough info
US500 | Potential Wyckoff Reaccumulation UnfoldingThe US500 appears to be working through a classic Wyckoff reaccumulation phase following a strong rally during price mark-up. After a swift move upward, price formed what looks like a Buying Climax , followed by an Automatic Reaction (AR) and now an Upthrust at the recent highs.
So far, volume
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
S&P 500 Index reached its highest quote on Feb 19, 2025 — 6,148.4 USD. See more data on the S&P 500 Index chart.
The lowest ever quote of S&P 500 Index is 665.6 USD. It was reached on Mar 6, 2009. See more data on the S&P 500 Index chart.
S&P 500 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy S&P 500 Index futures or funds or invest in its components.