A pullback is expectedA pullback is expected but a rally into the open first looks probable. If the pullback looks strong, it could be a C wave down with another move to 5700+ after.
SPX500 trade ideas
S&P500 INTRADAY resistance at 5670Tech Surge Lifts Markets:
Strong earnings from Microsoft (+7.8%) and Meta (+6.2%) are driving early market optimism. Both beat revenue expectations, easing concerns about trade war impacts.
→ S&P 500 futures up over 1%.
Trade Deal Hopes:
Sentiment is boosted by signs that President Trump may soon announce initial trade agreements, reducing geopolitical risk.
Bank of Japan Dovish Shift:
The BoJ cut its growth forecast and delayed its inflation target, signaling caution.
Yen fell as much as 1.2%.
US-Ukraine Investment Deal:
The US secured privileged access to Ukraine’s natural resources, potentially helping ease tensions as part of broader efforts to end the war.
Earnings Watch:
Before Open: Mastercard, Estee Lauder, Eli Lilly, Moderna, McDonald’s
After Close: Apple, Amazon, Amgen, Airbnb, Reddit
Key Support and Resistance Levels
Resistance Level 1: 5670
Resistance Level 2: 5740
Resistance Level 3: 5820
Support Level 1: 5440
Support Level 2: 5385
Support Level 3: 5316
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 Play-by-Play: From Trap to Trend and Back AgainJust price, structure, and volume — tracked in real time.
🧠 Chart Breakdown:
✅ Early Short Trap / Failed Breakdown — Sellers tried to press lower early, but price held key levels and reversed. That shift became the foundation for the entire move that followed.
✅ Breakout Long Trigger — After reclaiming structure, price drove into new highs with strong follow-through. Volume confirmed the breakout.
⛔ Top Rejection — Price pushed into resistance but couldn’t hold. Momentum faded, candles hesitated, and sellers stepped in.
✅ Fib-Based Bounce — After the pullback, price responded cleanly off fib-based support. The bounce was sharp, and volume backed it.
✅ Steady Uptrend Structure — Price moved in an orderly fashion. Small pullbacks held structure, and volume stayed supportive — a textbook controlled climb.
⛔ Range Resistance — Price returned to a previously rejected zone. Wicks and hesitation reappeared.
👀 Current Breakout Watch — Price is testing that resistance again. A reclaim with strength signals continuation. Another fade? Let it go.
Always happy to be helpful.
SPX ready for the correctionhi traders,
This is probably not what most traders want to see but we must be realistic.
The monthly close is upon us and it's not gonna be a bullish close.
A lot of selling pressure and it may be just the beginning.
A 13 % correction on SPX is more than likely in my opinion.
If the price loses the upsloping support, we will see the mark-down pretty soon.
Stoch RSI suggests that the bears are taking control.
My target for SPX is between 5200 and 5000.
Get ready to buy cheap stocks and cheap crypto!
US500 - Long-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈US500 has been overall bullish trading within the rising channel marked in blue.
Moreover, it is retesting its previous all-time high at $4,800 and round number $5,000.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of previous ATH and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #US500 approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Please criticise on this strategy using SPXI have not backtested this strategy and to use the "REPLAY" button would costs me some money so you can say, it is biased since the candles were already formed ahead.
Strategy -
Time frame - 1H
Risk/Reward - Keep to 1:2 strictly
Example : Trade Setup 1
11 Apr 25 candles closed above 10 Apr 25 - LONG
SL at closing of 10 Apr
Profit target - 1 : 2
You can see that you are stopped out AFTER you set up Trade set up 2 (21 Apr red candle), ie 10 days later , you are in a LOSS position.
Trade setup 2 -
Long on 17 Apr
got stopped out on 21 Apr when it gapped down. See the power of having a SL else your losses will magnified overnight!!!!
So in this chart, there were 5 trades, 3 in profits and 2 in losses. Overall, you gained because your rewards are 2x so in this case you won 3 multiply by 2x = 6x but your losses are 1x or 3 multiply by 1x= 3x so nett off you gained 3x
I would avoid using leverage to trade and keep to the strict rules of 1- 2 trades per week and strictly 1:2 risk/reward ratio. Of course , if you manually watch the chart live (meaning you need to stay awake to glue on the computer)
you might gained more than 1:2 risk/reward but that is not the essence of this strategy.
Keeping the frequency low tame your emotions (greed) of increasing your position size and risk/reward. What you want is CONSISTENCY not huge spike up and down. Don't think you can make 5x in a day and go on holidays for the next few days. You gotta put in the work (sufficient charting skills allow you to be more nimble and confident but not to inflate your ego by excessive trading).
I suggest paper trade for a good 1-2 months and see the results yourself BEFORE you say it work or doesn't. Paper trade is good especially for beginners but once you surpassed this stage, I think using your own money to trade is the real game. Staring at 10% loss is very real and some can take it well while others can't handle it and will manually adjust the SL or PT to modify the strategy. Keep it simple until you gained consistent profits.
As usual, please DYODD
Morning update 4-30The market looks bearish this morning, but pattern wise nothing has changed just yet. If we are truly bearish, 5550 will not be surpassed and the overall pattern will have changed.
S&P500 INTRADAY resistance at 5510A wave of earnings reports is due today, with Microsoft and Meta in focus. The tech sector remains under pressure, highlighted by a 15% drop in Super Micro Computer after disappointing results.
In Europe, banks are seeing strong revenue growth, benefiting from recent market volatility linked to Trump’s trade policies. However, Mercedes and Stellantis have joined the list of companies withdrawing guidance due to uncertainty.
Donald Trump has again criticized Fed Chair Jerome Powell and defended his tariff strategy during an event marking his 100th day in office. Investors are now awaiting key US data, including inflation and GDP figures.
Meanwhile, China’s factory activity has contracted to its lowest level since December 2023, signaling the early impact of US tariffs and increasing pressure for government stimulus.
US consumer companies are also sounding cautious, pointing to a weaker economic outlook ahead.
Key Support and Resistance Levels
Resistance Level 1: 5670
Resistance Level 2: 5740
Resistance Level 3: 5820
Support Level 1: 5380
Support Level 2: 5310
Support Level 3: 5236
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.
Will April Close with a Bang?You ever get that feeling the market’s just waiting for a reason to move?
That’s where we are.
It’s been a quiet start to the week – barely a pulse.
And Tuesday? One signal. Just one.
But it was a bullish pulse bar, and it paid.
Price is still coiling, compressing tighter, and Bollinger Bands are pinching harder than a crab on Red Bull.
We’re seeing the classic signs of range contraction – which usually means a range expansion is coming.
So what’s the move?
Stay bullish.
Stay patient.
And be ready to pounce the moment price breaks free.
Today’s calendar gives us a few nudges – ADP, GDP, ECI, PCE – nothing major, but enough to cause a wobble or spark.
The bias is bullish.
The system’s ready.
And if we break out of this pinch, I’m looking at 6106 on the swing.
Even a dip to 5400 wouldn’t change the structure – just another spot to reload the bulls.
Let’s finish April strong.
Let’s grab another one by the horns.
---
SPX Market View
Let’s call it like it is – the market’s been locked in a deep freeze.
Monday and Tuesday barely moved.
Why?
No real news. Month-end positioning. And a crowd of big players too busy doing their internal accounting gymnastics to push buttons.
But while it looked like nothing happened, Tuesday’s single bullish pulse bar delivered the goods.
One bar. One setup. One result: Profit.
Now as we roll into Wednesday, things get spicy – not because the economic data is explosive… but because compression like this doesn’t last.
The Bollinger Band width is pinched tighter than a tax refund cheque.
And we know what that means:
Tight range = pressure building.
Breakout = opportunity waiting.
So today’s plan?
Stay bullish until proven otherwise.
Use the pulse bar system to play range edges or trigger entries.
Look for breakout confirmation to ride it toward 6106.
Remain calm if we dip toward 5400 – structure still holds.
Economic data today (ADP Jobs, GDP, Employment Costs, and Core PCE) might trigger volatility, but it’s not about reacting to the numbers…
It’s about watching how price responds.
We’re not forecasting.
We’re not feeling.
We’re waiting for the setup – then pulling the trigger.
Price is whispering right now.
Soon, it’ll yell.
Be ready.
---
Expert Insights:
Mistake #1: Assuming news equals movement.
Just because data drops doesn’t mean price pops.
Fix: Always wait for price confirmation. Pulse bars > economic guesses.
Mistake #2: Ditching the bias at the first wobble.
A dip isn’t a collapse.
Fix: Know your structure. Dips to 5400 are still within a bullish regime.
Mistake #3: Forgetting the role of compression.
Tight ranges often precede big shifts.
Fix: Don’t ignore the squeeze. Bollinger Band pinch = breakout fuel.
---
Rumour Has It…
In a desperate bid to solve market stagnation, Wall Street has reportedly hired a motivational speaker named Terry the Turnaround Candle.
His credentials?
He once convinced a doji to become a dragonfly.
Sources say he opens every session with, “Are you going to let that Bollinger Band define you?!”
Meanwhile, the Fed is beta-testing new AI price models based on squirrel hoarding patterns in Central Park.
Traders remain cautiously optimistic.
Squirrels remain heavily long acorns.
This section is entirely made-up satire. Probably.
---
Fun Fact
Did You Know?
The term “month-end rebalancing” sounds official… but it’s really just fund managers shuffling things around so their spreadsheets look prettier.
They often trim winners, pad laggards, and balance sector weights.
But in low-volume markets like this week, even tiny shifts can cause weird little waves that trigger setups.
So when price “randomly” spikes or dips late in the session on month’s end?
It’s often not news – it’s bookkeeping chaos in disguise.
Which is why we trust setups, not headlines.
Grab Some Points To Upside In SPX/USD $$$Hey fellow traders and followers!
How go's the profits so far? Market movin & groovin to the beat of the Orange drum.
I'm here to help if you are having any troubles or confusion with SPX. Let's have a quick look.
We have a V pattern in the 1hr chart so let's trade this baby!
Breakline is 5530.3 so we wait to see a break above before getting long. Pattern support is around 5510, a break below that price area would likely cancel out the bullishness of this pattern so keep eyes on that. Daily low support sits around 5484.9. A break below that support spells a short down for 29 points. A break above the breakline is a long good for around 29 points. RSI is 55.77 (Bulla). Easy money if the V gets flyin $$$.
Don't listen to any news or rumors, listen to your charts. Wait! Did you hear that? Your 1hr chart is whispering something about easy money if you pay close attention to the numbers and the rules laid out within.
Hey! best of luck in all your trades people ! Wishing all of you prosperous trades. $$$
S&P500 repeating the 2019 recovery-Can hit 7000.The S&P500 index (SPX) is making a remarkable recovery as it completed yet another strong 1W green candle last week following the rebound on its Higher Lows Zone, near the 1W MA200 (orange trend-line).
This is a mirror price action with the last 1W MA200 rebound of the 2016 - 2019 Bullish Megaphone pattern, which not only recovered its previous All Time High (ATH) but also peaked on the 1.618 Fibonacci extension before the eventual 2020 COVID crash.
As a result, we believe that a 7000 Target is a very plausible one on the long-term.
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💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
SPX500: Short Setup Brewing!SPX500 is currently consolidating above the key volume node at 5,480.85, showing resilience after a sharp pullback last week. Price action remains inside a rising channel, but the steeper trendline has been broken, hinting at possible loss of momentum.
🔹 Key Observations:
Price is testing the lower trendline support—a breakdown here could trigger a move toward 5,400.
Volume profile shows heavy interest at 5,480, with a potential volume gap below that could accelerate downside.
VWAP support is intact for now, supporting a neutral-to-bullish bias.
A breakout above 5,530 would confirm bullish continuation and likely test 5,560+.
📈 Bias: Neutral to Bullish
📉 Breakdown Trigger: Below 5,480
📊 Probability Estimates:
Bullish breakout: 55%
Bearish breakdown: 45%
Watching closely for resolution at this inflection point. Patience until direction confirms.
💬 What’s your bias—bulls or bears?
#SPX500 #ES1 #S&P500 #VolumeProfile #TechnicalAnalysis #FOMC #VWAP #TrendlineBreak
S&P500 INTRADAY resistance at 5510Earnings season heats up with major companies like Visa, Coca-Cola, Starbucks, UPS, and Pfizer reporting results. In Europe, HSBC announced a $3 billion share buyback, while BP shares dropped due to weaker cash flow.
In Canada, the Liberal Party is set to win a fourth term, but likely without a majority, which could lead to a coalition-style government.
Meanwhile, the Trump administration plans to ease auto tariffs on foreign parts used in U.S.-made vehicles, boosting Ford and GM shares in premarket trading.
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: 5670
Resistance Level 2: 5740
Resistance Level 3: 5820
Support Level 1: 5380
Support Level 2: 5310
Support Level 3: 5236
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.
SPX500 (4H) LONG POSITIONGreeting there traders this is my idea on SP500 and it is Long.
We can clearly see a recovery from the “Support Area” (yellow zone), after a wave formation (probably a completed Elliott Wave correction).
You are currently in a very impulsive uptrend.
Momentum looks strong, with no major retracements — meaning that buyers would currently be in a dominating position.
Key Levels
Support Level (red): 5.019 – 5.091
This is the “ultima ratio” zone where the price made a strong rebound.
Softer Support: 5.276 – 5.282 (where you are now)
This is the zone of possible correction, as you marked.
Resistance/Target: 6.150 – 6.156
If the current trend holds and there is no major retracement below 5,250, it is very likely that we will test the 6,000–6,150 level in the coming days.
The price is currently in a “blast-off” phase — if volume remains strong, you can hit the TP as early as late April or early May.
I predict that we have started an uptrend towards a new ATH. I believe that the market will start to "fly" already on Monday or Tuesday. Possible catalysts: Trump strikes a deal with China, announces a pause in the trade war, or Powell responds with an emergency rate cut.
My goal is mid $6,000 to low $7,000 by July 4th (maybe sooner). After that I expect a 60-70% drop.
SPX500 H4 | Potential bullish bounceSPX500 could fall towards an overlap support and potentially bounce off this level to climb higher.
Buy entry is at 5,546.94 which is an overlap support.
Stop loss is at 5,440.00 which is a level that lies underneath an overlap support.
Take profit is at 5,789.71 which is a swing-high resistance.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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.
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Please be advised that the information presented on TradingView is provided to Tradu (‘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.
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Trading the Impulse Rally Retracement — Price and Time Symmetry Fundamental —
Trend is observed from an impulse run’s lowest/highest point and projected outwards in symmetrical fibonacci retracement via price/time from the first reversal candle to the end of the rally, creating crosshairs. These ‘crosshairs’ visually represent the trending ‘price distribution projection’ in price/time symmetry.
Using this concept, I draw a ‘projection trend line’ from the bottom or top of the impulse run thru the projected 78.6% price/time retracement value, to identify the price distribution structure in a linear form.
Now to introduce my STOP LOSS TRIANGLE.
This is a concept of decaying price and time as an underlying move towards our theoretical projection, where if the underlying enters our built faded cross-section, the SL is triggered to avoid sideways consolidation and decaying contract premiums.
This ‘right’ triangle that is ‘sclene’ by nature is created by taking the furthest projection in price/time symmetry (78.6%) and drawing a vertically placed straight line to the highest/lowest point in the rally previously identified. Here, I create a ‘right triangle’ by turning 90 degrees towards my final point, which is made by the nearest projection in price/time symmetry (38.2%). In its entirety, this forms the stop loss triangle
Bull in a China Shop. The S&P 500 Index After 100 Days of TrumpPresident Donald Trump's first 100 days in office were the worst for the stock market in any postwar four-year U.S. presidential cycle since the 1970s.
The S&P 500's 7.9% drop from Trump's inauguration on Jan. 20 to the close on April 25 is the second-worst first 100 days since President Richard Nixon's second term.
Nixon, after taking office as President of the United States (for the second time) on January 20, 1973, witnessed the S&P 500 index fall by 9.9% in his first 100 days in office, due to the unsuccessful economic measures he took to combat inflation, which led to the recession of 1973-1975 when the S&P 500 index losses of nearly to 50 percent.
It all started in January 1973 in the best soap opera traditions of Wall Street, at the historical peaks of the S&P 500 index..
..But less than two years later it quickly grew into a Western with a good dose of Horror, because the scenario of a 2-fold reduction of the S&P 500 index was unheard those times for financial tycoons and ordinary onlookers on the street, since the Great Depression of the 1930s, that is, for the entire post-war time span since World War II ended, or almost for forty years.
Nixon later resigned in 1974 amid the Watergate scandal.
On average, the S&P 500 rises 2.1% in the first 100 days of any president's term, according to CFRA, based on data from election years 1944 through 2020.
The severity of the stock market slide early in Trump's presidency stands in stark contrast to the initial "The Future is Bright as Never" euphoria following his election victory in November, when the S&P 500 jumped to all-time highs on the belief that Mr. Trump would shake off the clouds, end the war in Ukraine overnight, and deliver long-awaited tax cuts and deregulation.
Growth slowed and then, alas, plummeted as Trump used his first days in office to push other campaign promises that investors took less seriously, notably an aggressive approach to trade that many fear will fuel inflation and push the U.S. into recession.
The S&P 500 fell sharply in April, losing 10% in just two days and briefly entering a bear market after Trump announced “reciprocal” tariffs, amid a national emergency that gave him free rein to push through tariffs without congressional oversight.
Then Trump began yanking the tariff switch back and forth, reversing part of that tariff decision and giving countries a 90-day window to renegotiate, calming some investor fears.
Many fear more downside is ahead.
Everyone is looking for a bottom. But it could just be a bear market rally, a short-term bounce of sorts.
And it's not certain that we're out of the woods yet, given the lack of clarity and ongoing uncertainty in Washington.
Time will tell only...
--
Best 'China shop' wishes,
@PandorraResearch Team
Economy - Moving ForwardWhat's expected of the economy?
For 2025, the stock market started strong, the three major U.S. indexes soared to its all-time highs, putting confidence in retail investors.
End of Q1, we've seen a shift in the market due to tariffs and the start of a trade war. Why are the tariffs bad for the U.S. economy?
The biggest problem with tariffs is that it could drive higher prices in consumer goods through "taxes" in imported goods. It also causes disruption in supply chain, slower economic growth, retaliation from foreign countries, etc. The economic data also shows signs of a possible recession.
Not everything is lost.
Asian countries such as Japan, Korea, and Indian are taking in the lead in trade talks with Donald Trump. China has given exemptions to certain U.S. goods in order to ease the trade war, leading to a potential trade talks with the economy giants, the U.S. The 90 day reciprocal tariffs are also an opening for talks.
Let's see how it goes.
S&P500: Buying accelerating as the bottom is confirmed.S&P500 is neutral on its 1D technical outlook (RSI = 52.628, MACD = -41.490, ADX = 32.588) as it has been volatile during the day but on the long-term, it has resumed the bullish trend, making a strong recovery last week. The bottom is now confirmed (above the 1W MA200) and as the oversold 1W RSI was bought, the index eyes a +28.50% rise on the medium term, same as in early 2024. This falls practically on the previous ATH level (TP = 6,150).
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Bearish drop?S&P500 is reacting off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 5,510.94
Why we like it:
There is an overlap resistance level.
Stop loss: 5,665.52
Why we like it:
There is a pullback resistance.
Take profit: 5,324.97
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
S&P 500 Rips Into Resistance- Bulls on NoticeThe S&P 500 has rallied more than 15.6% off the lows with the bull now testing confluent resistance at 5531/43 - a region defined by the 78.6% retracement of the monthly range and the April high-day close. Note that a three-point resistance slope converges on this threshold and the immediate advance may be vulnerable while below.
Initial support rests with the 4/22 reversal close at 5285 - losses below this threshold would threaten another bout of selling towards the yearly low-day close (LDC) near 5061 .
A topside breach / close above this hurdle exposes the monthly open at 5600 and the 61.8% retracement of the decline off the record highs at 5634 - look for a larger reaction there IF reached.
Bottom line : The index is testing resistance here- losses would need to be limited to 5285 IF price is heading higher on this stretch with a close above 5434 needed to clear the way for the next leg of the advance.
-MB
Long @ 5400Today price pushed to SR zone and rejected. Potential daily chart trendline + smaller set of daily fibs show that price could pullback to around 5400 before making another attempt at todays high.
