Bulls and Bears zone for 09-26-2024Yesterday S&P 500 made ATH before pulling back and closing down for the day. Level to watch: 5830---5828 Report to watch: US: Pending Home Sales Index 10 AM ET by traderdan59Published 1
Potential long tradeWhat we have here is a triangle pattern followed by a breakout and deep pullback followed by the second pullback, now if the price creates a higher high from here, we can go long. WE ONLY TRADE PULLBACKSLongby KenyanAlphaUpdated 2
SPX500 Potential Long!SPX500 is trading in an Uptrend and indice is now Making a pullback to Retest a horizontal support Of 5645.80 so after the retest We will be expecting A local bullish rebound !Longby kacim_elloittUpdated 1111
[S&P 500] INSTITUTIONAL LEVELS FOR 25/09/2024SP:SPX Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and exit points - In this pair of lines with two colors are given (RED AND BLUE) - In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan) Stop Loss/Take Profit: Stop Loss - According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) ) - A short entry should use the opposite rules to a long entry Take Profit -When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit ) - Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry ) Timeframe: According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this) Risk Disclaimer: Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading. Engagement: Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together. What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders! Comment below and let's get the conversation started! Original Content: This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets. SP:SPX by tony_fx_smPublished 4
Analysis on the S&P 500 indexAnalysis on the S&P 500 index Asif Hassan Risan 23 september, 202409:44by Asif_Hassan_RisanPublished 113
S&P500 Bullish Wave CountI have been keeping this count and avoiding activating this count because of my bias. But recent events and how the market has been moving has forced my hand. I am showing this count on a weekly basis because there are issues with wave counting rules that shows up on the daily timeframe. Over here, what you see is that the 5th Aug fall is now a wave 4 on the highest level shown in this chart, and the move up since is a wave 5 move. This is consistent with the following events that are non-technical: 1. US debt ceiling removal until 1st Jan 2025. 2. US Presidential Election. 3. Sep Fed rate cut and probably further cut on or before the next FOMC. 4. China recent move that caused the Chinese and Hong Kong market to fly. The existing issues with IWM and Nasdaq still below peak and showing such divergence is still a going concern that we will need to continue to monitor. Longby yuchaosngPublished 1
More up for SPX500USDHi traders, Last week SPX500USD made a correction down and after that it went up again. SO next week we could see more upside for this pair. Trade idea: Wait for a change in orderflow to bullish again to trade longs. If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! EduwaveLongby EduwaveTradingPublished 110
Market Insights: Why Now is the Time to Go Long on SPX500USDThe S&P 500 continues to show resilience, and my overall bias remains bullish. Several key fundamentals support this outlook: 1. Cooling inflation: Recent data suggests inflation is moderating, potentially easing pressure on the Federal Reserve. 2. Strong labor market: Unemployment remains low, supporting consumer spending and economic stability. 3. Technological advancements: Ongoing AI and tech innovations are driving productivity and growth across sectors. 4. Corporate earnings resilience: Many companies are adapting well to the current economic environment, maintaining profitability. To capitalize on this bullish trend while managing risk, I'm utilizing probabilities in my chart analysis to identify optimal entry points for long positions. 12M: 2W: 12H: I’d love to hear your thoughts on this trade idea! What are your views on SPX500USD? Feel free to share your insights and opinions below!Longby Jasminex1x2Published 4
SPX500USD Is Bullish! Buy! Please, check our technical outlook for SPX500USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,711.6. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,801.4 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderPublished 113
SPX is history gonna repeat?Hello Birdies, Seems like we are in a repeating pattern and the worst part is the pattern is of 2007 crash. OMG, the tops and dates are so aligned it cant be a coincidence. We have a top in July Fed rates cuts in Sep Now if it tops in Oct We are doomed.by BlackBirdTradingPublished 1
S&P 500 Aiming For Lower LowsHello, On the daily chart, the S&P 500 is currently showing a bearish trend. The price is probably going to fall below 5458.08. Two price projections, with a leaning towards 4512.20, could then result from this decrease. Even if the bearish trend is still in place, some positive enthusiasm can be sparked by the latest news. Nonetheless, there is significant bearish pressure at the level of 5561.96, so bearish interests only until the break of (C) Happy Trading, K.Shortby KhiweUpdated 3
S&P 500 Daily Chart Analysis For Week of Sep 20, 2024Technical Analysis and Outlook: In the current week's trading sessions, the S&P 500 Index has demonstrated significant fluctuations, breaching the Mean Resistance level of 5648 and attaining the Inner Index Rally level of 5666 and the Key Resistance level of 5667. The index is on the verge of achieving the targeted Inner Index Rally at 5739. Yet, a potential retraction to 5620 in the upcoming week's session, with the prospect of further descent to the subsequent Mean Support indicated at 5552, could disrupt this progression. Conversely, an expected downward trend may be intercepted by the realization of a robust rebound to the Inner Index Rally at 5739, negating the anticipated decline. by TradeSelecterPublished 3
$SPX Analysis, Key Levels & Targets for Payroll Ok - today’s trading range, and it’s a wide one. We have the FOMC rate cut upgag in today’s range, and also ATH’s. The 35EMA and the 30min 200MA are front and center in the middle of the trading range. It looks fun, y’all. 1hr 200MA down at the bottom of the FOMC gap… anyone looking at that hoping for a drop for a nice bounce there? What are your thoughts? Have fun today, y'all 💃🏻by SPYder_QQQueen_TradingPublished 0
spxSpx has been in an uptrend for a long time. It was recently using the 5,660 level as a resistance area. It has now broken that resistance and is now using it as support. It is possible that we will see new highs with the upcoming election results and balance sheets.Longby foxforex3Published 0
S&P MACRO BULLISH 2025Hello RSI 50 macro analysis show a break in the trendline, and a short period for retest before making continuation like in 2017, the patterns are identical. We are in the begging of a new increase of M2 Money Supply, big stimulus around the world, so be bullish and optimistic. The vertical yellow line are the Halving Bitcoin Cycles, the election years. Like always, in the second part of October things come to uptrend right away. The chart is having the Gaussin Channel and Pi Cycle for bitcoin. Bullish forward to 2025, toward the red trenline on the chart, making new highs until reach it and then...taking all out of the markets.Longby cipriancodauPublished 0
Is cheap valuation a reason to buy ?Valuation can remain cheap for months and years without any decent increase in share price. So on its own , it is not a good barometer to purchase it. However, given the QE stimulus/rescue package that the Chinese Government has rolled out a week ago and creating more chaos and euphoria amongst the institution and retail investors worldwide, I would say this combo is definitely giving the stock market (HSI, CSI300) like morphine to a cancer patient. Over 8% rally in a single day ! We are not referring to the individual stock but the index as a whole and this is BIG news, never happen since 2008. Now we compare the two index against the others , we can clearly see how high India, Taiwan and US have gone up thus far. At 30x earnings, US is definitely overvalued. But, just because it is overvalued, it does mean the share price will keep tumbling down immediately. Not to forget, this is the election year and October is a boring/down month but towards Nov/Dec, whoever wins, we can expect another surge in the stock market in US. Next year, what is going to happen , your guess is as good as mine. Returning to HK and China market, we can see they are cheap in terms of valuation , 4.5 years bear market and the consumer confidence is at all time low. Socially, this is not good for the government and the risk of a liquidity trap can be high. That is, government continue to pump money into the economy but consumers refuse to spend , taking only the vouchers to spend and that's it, causing no real growth to the market. The fear is employment market is bad, wages are not increasing, AI are replacing jobs (and creating ), only and main asset for wealth accumulation - property is at all time low. So, form your own decision and allocate your capital to China . Longby dchua1969Published 0
Bulls and Bears zone for 10-03-2024Yesterday traders tried to rally but ended in a range bound day. Any test of yesterday's Close could provide direction for the day. Level to watch: 5748 --- 5746 Reports to watch: PMI Composite Final 9:45AM Factory Orders 10:00 AMby traderdan59Published 0
long term the snp never dies (your retirement funds it)just posting some fun patterns. patterns seen: megaphone. (bullish) This chart pattern consists of higher-highs and lower-lows on both sides and requires a total of five (5) swings, testing each side two (2) times. We also define the middle of this chart pattern as the ‘mid-line’ which is used for taking profit-targets. Megaphone patterns are ideal for following the long-term-trend; however, you can also use these patterns for counter-trend trading opportunities as well. cup n handle (into)/ascending triangle (bullish) An ascending triangle is a strong pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming .An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop-loss level. It may be contrasted with a descending triangle Longby dead4586Updated 1
Falling Channel Continuation tradeThe market has been in consolidation and formed a falling channel, now we have a breakout and 2 pullbacks, set your order at the higher high and go long WE ONLY TRADE PULLBACKSLongby KenyanAlphaUpdated 0
Weekly Outlook Sep 30 - Oct 4 $SPXAlthough you should never be bearish when SP:SPX breaks ATH, i think a short term minor sell off would be healthy given the bearish divergence forming on the daily. The 200D MA would be an ideal buying opportunity. However, its more likely we keep crawling to 6000 by SolenyaResearchPublished 0
SP500 - 1D Who will buy the most EXPENSIVE TULIP?SP500 - 1D Who will buy THE most expensive TULIP? The SP500 continues to rise unstoppably, reaching 5700. It is possible that it will continue to rise, but the question is how far. Technically, the rise is shaped like a megaphone and is currently touching the ceiling. In fact, it has broken the resistance and it is not clear how far it could continue to rise. On the other hand, looking at the chart, it is clear that sooner or later it has to correct. Pay attention to the US presidential elections. Maybe then it will turn around. Intermediate support zone: 4800 Once our strategy is defined, it is a matter of waiting to enter at the right time. TradeX Bot, you can configure BUY and SELL strategies on futures, so our way of approaching the market will offer us opportunities whether the market rises or falls. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the development process and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)Shortby DeuXfiPublished 1