I see in a 1W tf a reversal pattern I am waiting under the 5K .. not a financial advice , have a great trading dayShortby TradingLDiaPublished 0
S&P 500 SEAT AND RELAXS&P500 - this week not very good on index. So this week we relax first. Seat and sip the tea with profit last weekby TREND-TITANPublished 0
Could be a top here. Stop loss on this idea would be much tighter than shown. Just hard to show it visually. My entry here is 5650 and stop is 5683. I'd not think 5670 would break if we're making a high. If a high is made, even in a retracement a big drop is fair game here. Like the RR. Shortby holeyprofitUpdated 339
SPX500#SPX500 - H1 📣 Looking at the 1-hour timeframe, with a breakout of the conversion level around 5593, we can expect the index to rise towards the 5670 zone. ⛔️ Stop loss: 5540 On the other hand, a break below the 5540 zone could signal an opportunity to short the index with a target of 5450. ⛔️ Stop loss: 5593by FXSMARTTUpdated 4426
S&P 500 Correction Coming ???Looking at the chart patterns, it looks like we are starting an ABC correction. Given the fundaments, recent highs, and going into an election at the end of this year, I suspect this ABC correction scenario will play out. There is a bullish case which would be an interest rate drop and this could lift the markets higher, but given the recent highs, this could already be factored into the price. With the Bearish case, we are going into the election and markets hate uncertainty, plus a possible Black Swan Event or Cyber Security issues could cause a bear market and go into a big correction. For now, I suspect the ABC correction is highly possible. Shortby FinancialLibertiesPublished 3
S&P 500 Elliott wave expected correction and buy areasDue to completed 5 impulsive waves I expect a correction for the index. Red levels are very important. Black levels are related to Gann square of 9. Shortby heshamahliPublished 2
Main Focus List Review 7-24-24Going over our Main Focus List looking for signs where to trade and how to position for next sessions.09:01by BobbyS813Published 1
US500 - Decision Zone!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. US500 has been overall bullish trading within the rising channel marked in red. This week, US500 is in a correction phase and it is currently retesting the lower red trendline. 📈As long as the last low marked in red holds, we expect a bullish continuation. 📉 In parallel, if the last low in red is broken downward, a deeper correction towards the lower orange trendline and zone would be expected. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalystPublished 116
US500 Will Move Lower! Sell! Take a look at our analysis for US500. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5,563.4. Considering the today's price action, probabilities will be high to see a movement to 5,504.6. 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!Shortby SignalProviderUpdated 115
US500/NAS100 morning updateComparing bullish counts for US500 and NAS100, as they seem to be at similar points in their primary wave structures. I have both charts in wave 5 of (3) of ((5)). As of right now, I'm relying more on US30 and US2000, in terms of further rallies before wave 5 is near completion. NAS100 came very close (but did not officially tag) to its pitchfork median line, which may explain the profit taking and ~7% price drop since ATH. I do think that US500 will eventually tag its pitchfork median line as well, more likely in 2025.by discobiscuitPublished 0
Bulls and Bears zone for 07-24-2024Yesterday's price action suggests that Bears are still in control and plenty of supply left. Level to watch: 5547 --- 5545 News to Watch: US PMI Composite Flash 945 AM EST US New Home Sales 1000 AM EST US EIA Petroleum Status Report 1030 AM ESTby traderdan59Published 0
US500 / S&P 500 Money Heist Plan in Bearish sideMy Dear Robbers / Traders, This is our master plan to Heist US500 / S&P 500 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Shortby Thief_TraderUpdated 3
US500 - near to his supporting area? whats next??#US500 S&P... fantastic drop from your resistance area as we discussed in our previous idea and market placed low's around our supporting levels. now market is at his one of the most important supporting area that is 5485 around. keep close it because if market hold it then again buying expected from here. don't be lazy here and keep close. good luck trade wiselyby AdilHussain731333Published 0
The Bearish Cycle of SPX has begun.TL Overshort, rejected, recent price action(PA) has been bearish, the market seems to be overvalued. The AI rush will subside due to the lack of data storage, and questions about how to sustain energy consumption, among other concerns about the sustainability of the tech rush, remain. I think the tech industry will be the leading factor in the bearish cycle as the market continues finding lower levels from higher highs (HH). The forecast predicts a movement towards 4,400 points on the S&P 500 (SPX).Shortby achhPublished 114
SPX500 continuation loweIn last two days we got decent size of a pullback right to the 240 min intervals. As for now we starting to have MA crossing down again and could have possible continuation to the movement downwards as we still extended off the weekly levels. Suggestions to trade: wait for the gap to be filled, then enter at the upper support lines with signals. UShortby SergienkoDanielPublished 111
SPX500 TAKE SELL ENTRY NOW!!!!!!!!SPX made a breakouts from the sell side liquidity with a price rejections from the fvg zone on 4h time frame am taking a sell entry now holding to create new lows JOIN AND ENJOY Tell us your views.........Shortby CAPTAINFX2Published 114
S&P 500 Uptrend Survives - Peak Earnings Season on TapUnlike the Nasdaq 100, the S&P 500 has managed to keep it's near-term uptrend intact, painting a potentially bullish picture for the broad index. The next two weeks sees over 60% of the index's earnings get reported, offering major potential for volatility in individual names, especially among the "Magnificent 7" stocks that are so heavily weighted in the index. As long as previous-resistance-turned-support at 5490 holds, the path of least resistance will remain to the topside. -MWby FOREXcomPublished 1
BUY SET UPIf the market closes out of the previous zone, then we have us a nice buy breakout setup for the continuation of the uptrend.by abeshaw97Published 0
SELL SET UP If the market closes back inside this zone , then I will be looking for the sell. want to make. From a technical standpoint this could be a nice set up for the newsShortby abeshaw97Published 0
SPx / BREAKOUT, Pivot ZoneS&P 500 Analysis: Reached to the breakout zone The price dropped and reached the breakout zone between 5550 and 5525, to confirm the right direction should close 4h candle above or below it. Bullish Scenario: The bullish trend will be activated by stabilizing above 5550 to get 5580 and above 5585 will get 5620. Bearish Scenario: For a downtrend, the price will touch 5525 and then should stabilize under 5525 to be downtrend till 5491 Key Levels: - Pivot Line: 5550 - Resistance Levels: 5580, 5620, 5640 - Support Levels: 5525, 5491, 5460 Today's Expected Trading Range: The expected trading range is between the resistance at 5585 and the support at 5460.by SroshMayiUpdated 5
Alphabet and Tesla - Q2 earnings get seriousUS stock index futures were mixed in early trade this morning. This followed a positive session across all the majors yesterday with strong gains for both the tech-heavy NASDAQ 100 (+1.6%) and the mid-cap, domestically-focused Russell 2000 (+1.7%). Investors will be relieved by the turnaround in fortunes following a general sell-off in the latter half of last week. This saw all the major indices give back a chunk of recent gains. As far as the NASDAQ was concerned, this took the index down to its lowest level so far this month. Prior to last week’s sell-off, there had been much talk over the rotation in equities which followed a better-than-expected CPI inflation report earlier in July. Investors rushed to take profits in the big techy market leaders, and reinvested the proceeds in many of the mid-cap constituents of the Russell 2000. Current discussions focus on whether that rotation is set to continue, as investors look forward to interest rate cuts, and seek out value away from the giant corporations which have driven market gains for so long. Of course, if the rotation were to continue, we should expect further declines in the mega caps, and more of a bounce in small caps. That isn’t what we’re currently seeing. Instead, it looks as if the stock market rally is broadening out. The pullback in tech proved to be a buying opportunity, and investors continue to push money into those long-neglected, and potentially undervalued, areas of the market. That could be a bullish signal. But it could also suggest an investing environment where money is thrown around with abandon, signalling that the bull market may be on its last legs. Where you sit on this could depend on whether you think this month’s sharp rally in regional banks is a rational response to an undervalued chunk of the market, or a reckless gamble. Tonight sees the release of earnings from Magnificent Seven members, Alphabet and Tesla. Comments, or a lack of them, over forward guidance may be key. by TradeNationPublished 2
S&P 500- BUYDaily: V spike Reversal off the EMA Awaiting NYSE 9:30 Opening for entry, buy above the Previous Daily High Longby Jeremiah_CapitalPublished 1
S&P500 Bullish ConfluenceS&P500 Daily Chart We can see strong uptrend here and price keeps forming new higher lows. It is currently testing bullish trendline with a bullish engulfing, so it is reasonable to expect bullish move. We can also see stoch. RSI "buy" signal ✅ Longby SanShonePublished 8