Possible market correction has already startedGeopolitics and Trump's odd cabinet shuffle could bring some real volatility, and i see a correction may have already started. Here is a zoomed in count of what may just be a smaller ABC correction, but I believe it is the start of something bigger. Shortby Nathanael5
Beautiful $SPX price action, ascending triangleLONG TERM TREND: Neutral/Bearish TIMEFRAME: Intraday What a textbook ascending triangle pattern we're witnessing on SP:SPX today! 👀 Price action has been absolutely pristine, giving us multiple touches on both the ascending support trendline and the horizontal resistance. Each bounce off support has been getting progressively higher, while sellers continue defending that key overhead level - classic ascending triangle behavior. The swings within this pattern have been a trader's dream - offering clean entries and exits for those playing the range. We've seen buyers step in with conviction at each test of the rising support, leading to predictable bounces. However, there's a concerning development here... While ascending triangles are typically considered bullish continuation patterns, the momentum on each bounce is getting noticeably weaker. Volume has been declining throughout the pattern formation (a bearish divergence), and the last two tests of resistance showed significant rejection wicks. If this declining momentum continues, watch for a break below the ascending support line. Such a break would likely trigger a cascade of stops and could lead to an accelerated move lower. Key levels to watch would be 5950, 5940 and ultimately 5925. Remember to always manage risk and size positions appropriately. No pattern is guaranteed to play out as expected. What are your thoughts on this setup? #SPX #TechnicalAnalysis #ChartPatternsby TradeSniper_com115
S&P 500 (CME) may rise to 5977.00 - 6005.00 "carry trade"Pivot 5935.00 Our preference Long positions above 5935.00 with targets at 5977.00 & 6005.00 in extension. Alternative scenario Below 5935.00 look for further downside with 5907.00 & 5890.00 as targets. Comment The RSI is mixed and calls for caution. Supports and resistances 6038.00 6005.00 5977.00 5951.25 Last 5935.00 5907.00 5890.00 Number of asterisks represents the strength of support and resistance levels.Longby Daniel_Thompson3
S&P 500 Technical Outlook: Key Levels and Trend Reversal SignalsS&P 500 Technical Analysis The price exhibits bearish momentum as long as it trades below 5945, with potential downside targets at 5927, 5896, and 5863. For a bullish reversal, the price must break the current price by closing a 4-hour candle above 5945. If this occurs, the bullish trend could extend towards 5970. Key Levels: Pivot Point: 5945 Resistance Levels: 5970, 5989, 6020 Support Levels: 5898,5863, 5843 Trend Outlook: - Bullish Above 5945 - Bearish Below 5945 Shortby SroshMayiUpdated 11
Understanding the S&P 500's FundamentalsUnderstanding the S&P 500's Fundamentals The S&P 500 is a stock market index that tracks the performance of 500 large-cap U.S. companies. To understand its fundamentals, we need to delve into its components, key metrics, and influencing factors. Key Fundamental Metrics: Earnings per Share (EPS): This measures a company's profitability by dividing its net income by the number of outstanding shares. A higher EPS generally indicates a healthier company. Price-to-Earnings Ratio (P/E Ratio): This compares a company's current share price to its earnings per share. A lower P/E ratio may indicate a stock is undervalued. Dividend Yield: This is the annual dividend per share divided by the share price. It represents the return an investor receives from dividends. Price-to-Book Ratio (P/B Ratio): This compares a company's market value to its book value (assets minus liabilities). A lower P/B ratio may indicate a stock is undervalued. Debt-to-Equity Ratio: This measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates a healthier financial position. Factors Affecting the S&P 500: Economic Indicators: Factors like GDP growth, interest rates, inflation, and unemployment rates can significantly impact the performance of the S&P 500. Industry Trends: Changes in specific industries can affect the performance of certain S&P 500 components. Geopolitical Events: Global events such as wars, trade disputes, and political instability can create uncertainty and volatility in the market. Investor Sentiment: Market sentiment, driven by factors like news, economic data, and corporate earnings, can influence the overall direction of the S&P 500. How to Analyze the S&P 500's Fundamentals: Track Key Metrics: Monitor the overall P/E ratio, dividend yield, and other metrics to gauge the market's valuation. Analyze Economic Indicators: Pay attention to economic data releases, such as GDP reports, inflation figures, and interest rate decisions. Monitor Industry Trends: Stay informed about the performance of different sectors within the S&P 500. Consider Geopolitical Factors: Be aware of global events that could impact the market. Assess Investor Sentiment: Gauge market sentiment through news, social media, and analyst opinions. Where to Find Information: Financial News Websites: Websites like Bloomberg, Reuters, and CNBC provide real-time news and analysis. Financial Data Platforms: Platforms like Yahoo Finance, Google Finance, and Seeking Alpha offer detailed company and market data. Brokerage Accounts: Many brokerage accounts provide tools and research to analyze stocks and indices. By understanding these fundamental factors and using reliable sources of information, you can make informed decisions about investing in the S&P 500.by ITManager_US6
Nightly $SPX / $SPY Predictions for 11.22.2024🔮 ⏰9:45am Flash Manufacturing PMI Flash Services PMI ⏰10:00am Revised UoM Consumer Sentiment #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investingLongby PogChan1
Nightly $SPX / $SPY Predictions for 11.22.2024🔮 ⏰9:45am Flash Manufacturing PMI Flash Services PMI ⏰10:00am Revised UoM Consumer Sentiment #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investingLongby PogChan1
Bubble everything - 2024-NOV-13Taking into account "bubble everything" theory and ~18-years cycle on financial markets + on top of that ~4-years cycle in crypto markets ... we have roughly 6-7 ATH on everything. Then bubble will start bursting. Housing markets will need 4-7 years to visit new bottoms. Stocks & crypto will need ~1 year to catch new bottoms. What's going to be the trigger to bubble everything burst?Longby tgregUpdated 1
Great trade in SPY!!!For an aggressive trader, you can buy now and place your stop at $5848, which is a safe zone because if the market falls below this price, the bull market would also be invalidated. My target would be $6193, which is the last leg plotted at the bottom of the pivot. To support this position, we observe that the SPX has pulled back to the 0.5 Fibonacci zone and the previous high, and the stochastic is in the oversold area. This trade offers a 4% gain and a 1.77% loss.Longby igorwolwacz1
SPX500 eyes on 5792 then 5901: possible TOP at Golden Genesis 2%New record highs again and still going? Might pull back a bit from here, 5792.00 Then likely to hit Golden Geneis at 5901.08 Be VERY careful here, might be some violence. =========================================by EuroMotifUpdated 11
Bulls And Bears zone for 11-21-2024On a daily chart, which gap is going to be filled in S&P 500 first. One on down side or upside. Level to watch: 5966 ---5964 Report to watch: US Existing Home Sales 10:00 AM ETby traderdan590
SP500 Short trading opportunity(day-to-overnight-trading) 1I expect a drop of about 20+- points all the way down to 5295 from 5310+- Stop Loss 5322+-, take profit is 5295+-. I am risking nothing but if I had not traded today I would possibly have risked 1 unit of the Micro E-mini S&P 500 Index Futures (MES).Shortby ricomisterUpdated 2
NAS 100 Execution , Taken out at break even The luck was just not in my side , My TP was missed in just a Tick but the trade management was top notch and that is what am learning to do well , This was An A setup for me and a low because of the low hanging objective but I wanted to see the market deep more like 10 handles below the sell side liqudity , If you will be seeing this past 30th, my subscription will have expired I just had one month subscription so am asking someone of goodwill if he /she can gift me a subscription so I can compete on the leap completion , Thank you .Long10:39by murimilm20220
SPX500 (bullish and bearish targets)Everything is still fine, Trump and Elon will fix this! Or will they blame the democrats if this goes wrong? Bullish targets in red and the bearish targets in blue. Time will tellby Ronbaten1
S&P500 INDEX (US500): One More Bullish Confirmation S&P500 leaves one more bullish clue after a recent test of a daily support. This time, the price managed to violate a resistance line of a falling parallel channel. With a high probability, the index will reach 5954 level soon. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader229
US500 Will Go Higher! Long! Please, check our technical outlook for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 5,902.9. Taking into consideration the structure & trend analysis, I believe that the market will reach 6,123.9 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider114
S&P500 - Bullish ConfluencesA lot of bullish confluences can be found on this chart. A bullish divergence, bullish candlestick pattern - three white soldiers also and candles respecting EMA 9. We might see a sell pressure and a retracement but the direction is up.Longby ShahzaibNaveed2
S&P500 - UptrendMajor Resistance: 6020 Major Support: 5831 If the trend continues to break 6020 we can enter the bullish side trade. There are no signs of reversal as of now. It is safe to assume the trend is on the upsideLongby ShahzaibNaveed1
S&P500 - DTF UptrendMajor Resistance: 6020 Major Support: 5702 If the trend continues to break 6020 we can enter the bullish side trade. There are no signs of reversal as of now. It is safe to assume the trend is on the upsideLongby ShahzaibNaveed0
S&P500 - Parallel ChannelThere's a continuous parallel channel towards the bullish side. Bounce on Fib levels 0.618, 0.50, 0.382, and 0.236, and continuing the trend is a strong bullish sign towards an uptrend. A bearish divergence on the RSI oscillator nut looks invalidated as it took a dip for several weeks.Longby ShahzaibNaveed0
Market Snapshot - MSTR is a monster + NVDA earnings and HedgingNVDA beat top and bottom estimates after market today. Due to it's 3.58T market cap, let's see where the SPY/QQQ are trading Thursday post NVDA earnings. MSTR making headlines as one of the top traded stocks (behind NVDA) and it continues to surge and even outperform BTC in a big way - great gains but be careful of the rocket ship runs because they tend to end violently. I also spend time reviewing my full watchlist in stocks, options, futures, and forex. Thanks for watching!!!30:14by ChrisPulver112
Nightly $SPX / $SPY Predictions for 11.21.2024🔮 ⏰8:30am Unemployment Claims Philly Fed Manufacturing Index ⏰10:00am Existing Home Sales #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investingby PogChan1
S&P500: Bottom formed on the 4H MA200. Target 6,140.The S&P500 is neutral on its 1D technical outlook (RSI = 51.959, MACD = 37.160, ADX = 31.912) as it is on a sideways trade forming the new bottom of the Channel Up between the 4H MA50 and 4H MA200. The 1D RSI is on a bullish divergence that was present on both prior bottoms. Both rose by at least +5.30% after. That rise projection from the bottom is our target (TP = 6,140). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope1111