S&P Analysis London was volatile but not clear thing in price action. I will focus only on Newyork session So that means Only session trade No day trade No weekly trade.by asadw0054111
S&P 500: Inflation and Volatility on the Road to New HighsThe recent release of the U.S. Consumer Price Index (CPI) showed that core inflation unexpectedly rose from 3.2% to 3.3% in September, raising concerns about a possible reaction from the Federal Reserve (Fed). Investors fear that this increase could pressure the Fed to adopt a less dovish stance, even if that means hurting the labor market and the broader economy. The market reacted in a mixed fashion. The S&P 500 closed slightly down 0.21%, after a session marked by hesitation and volatility. However, despite weak employment data and high inflation, US futures showed a slight uptrend, suggesting that the market is not yet convinced of a radical change in Fed policy. In the bond market, two-year bond yields rose above 4%, while the dollar index ended the day virtually unchanged. Today's Economic News in the U.S. Several key U.S. reports are expected today, which could impact all three indices. Notable among them are the New York State Manufacturing Index, the NOPA Crush Report, and Consumer Inflation Expectations. There will also be bond auctions, and investors will be watching for comments from Fed member Philip Kugler. Dow Jones Industrial Average (DJI): The Dow Jones fell 0.14%, affected by losses in sectors such as telecommunications and industry. Among the most affected, Boeing fell 1.84% and Home Depot lost 1.47%. On the other hand, Amazon rose 0.80%. S&P 500: The S&P 500 also posted losses of 0.21%, with sectors such as energy and technology showing large fluctuations. CrowdStrike Holdings rose 5.58%, while First Solar fell 9.29%. Nasdaq Composite: The Nasdaq retreated just 0.04%, driven by the positive performance of BloomZ Inc. which rose an impressive 87.36%, although JetAI fell 11.77%. Looking at the S&P500 (Ticker AT: USA500) , the index has moved sideways since June 17, on September 19 it pierced double price resistance. On the other hand the long term channel tells us that it has moved through the mean of the channel on the upside. Its RSI is 60.79% and the Check Point is around 5476 points. If we look at the cross of averages, the 200 average is below the 100 and 50 averages. The bolinger bands seem to be narrowing which may show a possible bullish continuation signal towards the high of 5800 points. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. ULongby ActivTrades2
SPx /Reversal from All-Time High: Key Levels at 5781Technical Analysis: The price has reversed from the all-time high recorded yesterday, stabilizing below 5781. This decline suggests a potential drop to the 5756 and 5732 levels. Alternatively, a bullish trend may be triggered if a 4-hour candle closes above 5781. Key Levels: Pivot Point: 5781 Resistance Levels: 5820, 5863, 5891 Support Levels: 5759, 5732, 5708 Trend Outlook: Bearish below 5781 Bullish above 5781 Shortby SroshMayi119
SPX Will Go Lower! Sell! Take a look at our analysis for SPX. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 5,780.02. The above observations make me that the market will inevitably achieve 5,678.77 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider223
Sp500 between 6500 to 7500 by Summer 2025My TA indicates that Sp500 is in two rising channeles supported by the 100DMA and the 50DMA. Apart from those DMAs, these two rising channels are acting as a support, which makes me believe that we are going to see a final blow-off top that will drag Sp500 to 20% increase from now. This will also help stock market and crypto reach new ATHs. Once this price action is reached we will probably see a continue sell off for a few years.Longby josemanuelmaestrerodriguez0
$SPX Tomorrow’s Implied Move for PPISP:SPX Tomorrow’s Implied Move for PPI Alright, y’all. Implied move over here for tomorrow is between 5740 (and the 30min 200MA is just underneath that to 5820 (which is just above all time highs. We consolidated back to the 35EMA and if that holds, look up to ATH’s and possibly even to 5820. I’ll be looking to 5835?5845 bear call spreads, and 5840/5850 bear call spreads to the upside. If we break the 35EMA then look to the 30min 200MA and if we get to that then I’ll be looking at 5715/5710 bull put spreads on the day, and 5720/5710 bull put spreads as well as a back up. Here we are also holding above the rate cut gap after FOMC. It’s my opinion that we need to go in there and test it for real support but so far we’re bullish - watch Stupid Willy here for either a return to the green or a breakdown here to the 30min 200 on the day. — Storm update: I’m so good, but I don’t have power so I can’t make videos until that’s fixed. Until then I’ll be posting charts here when I can. 🙌🏼 by SPYder_QQQueen_Trading1
600? Not so fast!Hi Traders! Well here we are.. ATH... tomorrow is the 2007 ATH top anniversary 10-11-07. My idea is we get a pullback here to the .5 fib or double bottom around mid month. People will think we are crashing due to it pulling back on the same date.... Except I see us bouncing on a double bottom and off to the races.. Back to ATH around the election then we will keep going to 600 and beyond. I see a nice rally thru at least EOY... Let's see what happens :)Shortby TheUniverse6185512
S&P500 Looks bullishSPX indicators and traditional correlations showing correction but price being stubborn to go down. The previous RSI pattern of higher lows was bullish (inverse) divergent to price action, while the current set of RSI higher lows is not divergent. I think the next target is 6000 and higher.Longby JOE007_Bitfinex1
Inflation Report Set to Drive Market; Key Levels for both sideTechnical Analysis: Today’s inflation report is anticipated to drive significant market movements, particularly following unanimous agreement among Fed members to cut rates by 50 basis points. A CPI release exceeding 2.3% is expected to support a bearish trend towards 5,732. Conversely, a CPI below 2.3% would likely drive a bullish trend, targeting 5,863. Additionally, stability above 5,784 would reinforce a bullish outlook, while a close below this level on the 4-hour candle could prompt a decline toward 5,732. Key Levels: Pivot Point: 5784 Resistance Levels: 5820, 5863, 5891 Support Levels: 5759, 5732, 5708 Trend Outlook: Bearish below 5784 Bullish above 5784 by SroshMayi4
S&P500 INDEX (US500): Bullish Trend Continue US500 broke and closed above a resistance line of a horizontal range yesterday on a daily and updated the All-Time High. It confirms the dominance of the buyers and indicates a highly probable continuation of the uptrend. Next resistance - 5850 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader112
SPX500 H4 | Bullish uptrend to extend higher?SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,786.80 which is a pullback support. Stop loss is at 5,769.00 which is a level that lies underneath an overlap support and the 23.6% Fibonacci retracement level. Take profit is at 5,825.77 which is a level that aligns with the 78.6% Fibonacci projection 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. 62% 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% 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.Long03:42by FXCM1
[SPX] Breakout mini rectangleSP:SPX is on the move. After completion of cup & handle pattern, the price has since retest & bounce back up. Now the price is managed to close above the mini rectangle. The first price target would be 5,900 before heading to C&H target at 6,200. Cherio...Longby moressay1
SPX Short: Seeking PeakThe new high has forced me to recount the last wave and forced me to bring back the original count where I had expected another wave in the early days of October. This has definitely dragged on for too long. Now, let me first say this: there is an alternate count that I am holding that has a scary price target just slightly more than 6000 for SPX. So if I am wrong, CUT THE SHORT POSITION. With that, let me continue. As you can see over in this chart, I will bring your attention to the following: 1. A huge wedge for primary wave 5 itself in Yellow. 2. An internal wave for wave 5 of 5 in Green. 3. A Fibonacci extension that is projected from wave 1 of intermediate wave 5 to the entire intermediate wave 5 (blue wave). 4. An ending diagonal for wave 5 of intermediate wave 5, drawn in green minor wave. 5. The breakdown of the ending diagonal using corrective a-b-c waves in purple (there is no 1-2-3 waves in TradingView for usage). 6. RSI is extended overbought region. From the above, my primary count is that we should see SPX peaking this week. There are 2 potential peak points: 1. Fibonacci extension level of 5802. 2. The upper trendline of the wedges which will be around 5820. The above 2 price points are potential entry points. An alternate way for short entry will be to wait for a reversal candle. You also see in this chart a purple breakdown line. This line can be used if you are a strong hand waiting for the final confirmation of the break and can withstand volatility. Good luck!Shortby yuchaosng447
SPX500: Long-Term Growth Ahead!Hello, The SPX500 is likely to see further growth. While short-term fluctuations are anticipated, the long-term outlook remains bullish, with new highs expected in the future! TradeWithTheTrend3344 by TradeWithTheTrend33441
my next trade for esmufjsdofkjsdipcjksdjcpksdjfpksdjfpsdpfpdosfkposfposdkpofksdplckpsdl;fShortby card2211111
$SPX The results in SPX for Oct. 8thSo in last night's video, this was the trading range - and this is the result. We took it right to the top of the implied move. Look at the setup here - Stupid willy below was green over green, so bullish set up there, and the 35EMA was above the 30min 200 average and in the support zone in the bottom half. We had a fully bullish set up and continued that heading into CPI tomorrow. We closed out that last bear gap and we made new all time highs. by SPYder_QQQueen_Trading2
S&P 500 SELL ANALYSIS RISING WEDGE PATTERNHere on S&P 500 price just form a rising wedge pattern so there is a chance of moving down more if price break line 5784.67 and so going for SHORT is needed with the target profit of 5756.79 and 5718.34 . Use money managementShortby FrankFx14222
Title: Ascending Triangle on the S&P 500"Currently, we’re seeing an ascending triangle forming on the S&P 500. This pattern typically indicates a potential change in momentum. However, we're also noticing a clear bearish divergence on the 4-hour TDI (Traders Dynamic Index), which could suggest that upward momentum is weakening. The key scenario to watch for is if the price fails to close above the upper trendline. As long as we don't get a candle body close above that resistance level, the pattern may remain intact. It’s crucial to remember that this is not financial advice, and the pattern could still become invalid if market conditions change. However, there is a chance that this could signal a top formation."Shortby Christian_1605101021
S&P 500 Bull Breakout: What Is Next?A strong daily bullish close hold could open the door for another bull rally on S&P500Longby ChartsEmpire01223
US500/NAS100 morning updateBullish counts for US500 and NAS100, less bullish counts in red. For extended wave (3), price needs to get above 6066.3 for US500 and 21737.6 for NAS100. Bullish on US500 as long as price remains above 5657.6 support.by discobiscuit0
S&P 500 Index analysis 2024/10/09SP:SPX Hey everyone, I just got back from a trip. Sorry it's been a while since my last analysis. How's everyone been doing in the markets lately? Notice: The points are only valid from 2024/10/09 to 2024/10/20 What we have now? 1. Current price: 5760 2. The key support and resistances level: 5770 5590 5450 5300 Future Price movement 70% chance : The day level shows strong momentum, and we expect the price to make a slight correction before pushing toward 5770, or even breaking through that level. 30% chance : Moving back to 5590 and start moving back from 5590 to 5450. Trade safe!Longby DrkeezySSGcup224
S&P 500 probes key resistanceThe S&P 500 has been quite resilient despite the Chinese stock market sell-off, raised geopolitical risks in the Middle East, uncertainty over the upcoming earnings results and not to mention US presidential election. You would think that these risk events would weigh on risk appetite somewhat but so far this hasn't been the case. Still, be on the look out for a possible reversal sign as the index tests this key zone starting around 5755ish to around 5665ish. A potential reversal here will not be too surprising. But as traders we will need to see evidence of a bearish reversal here before looking for any bearish trades. If the index breaks the trend line on this hourly chart or more to the point, goes below 5733, the most recent low, then that could be the trigger I am looking for. Should that happen, then we could see a run towards liquidity that would now be resting below recent lows circa 5672. By Fawad Razaqzada, market analyst with FOREX.comby FOREXcom2
October drop for the stock market ?FOMC meeting in a few hours time. Price has moved up just a bit since my last post about closing positions and taking profits. If price spikes above and BOS to the downside, we might start to see the October drop. October is generally the worse month for stock market ( according to historic datas ) Price has been in a consolidation phase for the past 2 weeks. Some big move is coming. Shortby willisloyefx222