US500 | ES ready to short●Already rejected from Daily FVG.
●Context: Daily - IRL->ERL
●4H - IRL->ERL.
SPXM trade ideas
us500 daily /4h demand The story told here is simple. we have demand highlighted in yellow. based on 4h and daily timeframe
We have the novice area in light grey. this fair value. then we have supply above.
we have our limit set at demand with a target of 1:4.
TP is just below supply
SPX Monthly (RSI Bearish Divergence: Bear Market Confirmed!)➖ Sometimes we are strong on theory, we give you lots of text and content in relation to the charts and signals. This is done for your entertainment.
➖ At other times, we keep it extremely simple. This is done for your convenience.
👉 These are bearish patterns showing up on the S&P 500 Index chart.
➖ Monthly SPX chart: Higher high (2024 vs 2021), rising wedge and rounded top patterns.
➖ Monthly RSI strong bearish divergence: 2021 vs 2024
These signals are pointing toward a strong correction (bear-market).
Prepare accordingly.
Thank you for reading.
Namaste.
SP500 - Flipped Bearish after a long run!SP500 - Flipped Bearish after a long run!
It was a nice run, structure broke.
Have to re-take the blue downsloping angle before entertaining bullish positions.
S&P 500 Faces Deep Retracement Amid Global TensionsThe S&P 500, after reaching an almost all-time high of $5670, has begun a notable retracement. This decline follows a "Red Monday" and escalating geopolitical tensions, particularly the conflicts in the Middle East and the ongoing war between Russia and Ukraine. These factors have contributed to the current downward trend, triggering a deeper correction.
From a seasonal analysis perspective, this type of correction is both expected and well-documented. Historically, the S&P 500 has shown a tendency to experience retracements between July and the end of October, regardless of its preceding bullish trend. This pattern suggests that the current decline may not be an anomaly but rather part of a predictable cycle.
Investor fears and potential misinterpretations of the broader economic scenario could exacerbate this retracement. The psychological impact of global conflicts and economic uncertainty often leads to heightened market volatility and increased selling pressure.
Technically, we have identified key demand areas around $5000 and lower at $4900. These levels could serve as potential support zones where buyers may re-enter the market, providing a possible halt to the decline. Given the current market dynamics and seasonal patterns, we are strategically looking to open a short position, anticipating further downward movement in the S&P 500.
In summary, the S&P 500 is undergoing a significant correction influenced by global geopolitical tensions and historical seasonal patterns. While this retracement aligns with expected trends, it underscores the importance of careful market analysis and strategic positioning in response to evolving economic and geopolitical factors.
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S&P500 / Continued Volatility in the MarketsContinued Volatility in the Markets
Investors should brace themselves for continued market whiplash, as Thursday's trading session indicates that volatility remains a significant concern.
The S&P 500 (SPX) has stabilized within a bearish trend, targeting 4923 soon. The current volatility and technical indicators suggest bearish momentum.
Bullish Scenario:
For a shift to a bullish trend, the price needs to stabilize above 5260, potentially reaching 5291 and 5327.
Bearish Scenario:
As long as the price trades below 5214, the bearish trend is expected to continue toward 5130 and 5040.
Key Levels:
- Pivot Line: 5214
- Resistance Levels: 5260, 5281, 5327
- Support Levels: 5130, 5040, 4925
Today's Expected Trading Range: The price is anticipated to fluctuate between 5215 and 5130.
Direction: Downward
Will the Stock Market Crash Continue? My Trading ideasOn the macro level, the Bank of Japan says it won't raise rates when the market's unstable, which helped calm the market this morning.
But rising tensions in the Middle East are making investors nervous.
I think in these shaky times, it's smart to spread out your investments and focus on safer bets like healthcare, consumer goods, and utilities.
You might also consider using options to protect against short-term losses.
Now let's check s&p 500 from technical aspect.
The price is moving in an overall bearish market, but recently, it be supported by previous high volume candle area.
Now the point we may need to pay attention is the yesterday's bearish engulfing pattern, since the price started to drop after this pattern of previous callback. Therefore, the price may continue to go bearish later.
And traders who are interested in short trading, like me, may be a good timing to watch now.
SP500 (Y24.P2.Video).Trading setupsHi traders,
Diving into the lower time frames, we are looking for trading potentials setups.
All the best.
S.SAri
SPX500The S&P 500 is showing a stair-step upward movement, primarily rebounding during non-active U.S. trading sessions. Key factors to watch:
- The market tends to recover when the U.S. session is closed, and corrects slightly when it reopens. This is due to residual selling pressure from retail investors during active hours.
- Strong resistance is seen around 5400 points, where previous declines started. A potential pullback to test support around 5100-5200 would create an ideal setup for a more robust rebound.
- Potential Iran-Israel conflict could create short-term volatility around August 12, potentially triggering a market pullback.
- Upcoming data on August 14 will influence market movements. Expected low inflation supports future rate cuts, providing a favorable environment for long-term growth.
#ES #SP500 (Y24.P2.E1). A few scenariosHi traders,
I did short the rising wedge and now took profit. This can play out in a few scenarios in my opinion and its difficult to say.
Scenario 1) We have our selling climax that go the AR and this could be looking for our ST test phase B as part of the accumulation structure OR
Scenario 2) its creating a macro bear flag of some sort and we are saying here, a channel in orange for now, Part of a 5 wave count rather than a 3 wave count.
We have our ABC count confirmed as C hits our 1.618 fib extension but is it a 5 wave count. Bitcoin is in the same scenario in this perspective. Difficult for anyone to say.
So I will just trade the range until the puzzle is clearer.
All the best,
S.SARI
CUP and HANDLE Target hit - profit taking
ABC correction
Is it a wave 5 to the downside
Potential reversal scenario
SPX500 ,, UPDATE CHARTDowntrend
Unfortunately, I am not too optimistic about the chart and while it’s inside a downtrend, I will not get any buying position. All the time big bearish or bullish candles have a lot of signs for us.
In the chart you can see several big bearish candles that show the market is not reliable to buy something. Every movement toward up could be a correction in this downtrend.
The next support is about the 5000 and then the area between 4700-4900 will be a very strong zone, hope not goes there.
SP500 - Call / LongThis technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! 📈💼🚀
S&P500 INDEX (SPX500USD): Bearish Continuation Confirmed?!↪️I spotted several indicators suggesting a downward trend on the S&P500 Index.
However, there has been a double top formation, with the price breaking both the neckline and a support line of a rising wedge.
These signals point to a potential return to a bearish trend, and I anticipate a continuation of this trend down to 5,100.
Be prepared for new sharp falls for the S&P500 and the Nasdaq.The technical picture for the S&P500 and the Nasdaq Composite does not look good, and it looks like the S&P500 is heading back into its previous rising trend (cf. chart here) and that there could be a further correction down to around 4,700 points.
The S&P500 is now testing technical resistance around the 5,350 level, and looks set to fall back now from that level. It is a bad sign for the further development in the days and weeks to come.
It is difficult to see that this will not go further down and down towards the 4,700 level for the S&P500, and preferably down towards the 14,000 level for the Nasdaq Composite.
At least that is what the technical picture now indicates for the S&P500 and Nasdaq Composite.
The oil price (Brent Spot) seems to be able to break down from a very large head and shoulder formation soon, and that could cause a sharp fall from today around USD 78.00 to preferably down towards USD 40.00 - 50.00.
It is about fear of recession, and as you know, everything is connected. If there is a recession now, and fundamental key figures come in that confirm that the US and other countries are entering a recession, then both the stock markets and oil prices will fall sharply from current levels.
I would be very cautious for a while here, and as I interpret the technical picture for both the S&P500, the Nasdaq Composite and the oil price. It doesn't look good technically here now.
5000 for SPXStart of wave 5.
Extensions of wave 3 to the 161.8%, retracement of wave 1 38%, retracement of wave 3 50%.
PT 5,000 points
S&P 500 LongUS 500 CFD
The target projection for the S&P results in a target of 5428, which is in the area of the 70% Fibonci retracement.
It would be quite possible for the price to test the low again in the 5090 area. But for this trade I assume that a good premium area will be reached first.
I open a long trade with 2 entry points.
A market order and a second limit order. The risk is distributed across both positions.
Target 1 = 61.8 Retracement
Target 2 = 70.0 Retracement
Risk Reward Trade 1 = 1/1
Risk Reward Trade 2 = 1/2.07
