Main Focus List EXT 8-13-24Going over the extended session Main Focus List. looking for RS/RW and how we should play our Main Core.
US500.F trade ideas
SPx Maintains Bullish Trend After Successful Retest, Targets5412S&P 500 Maintains Bullish Trend After Successful Retest, Targets 5412
The S&P 500 (SPX) has stabilized within a bullish trend by holding above 5,327, targeting 5,363 and 5,412 soon, especially after the successful retest it completed yesterday. The current volatility and technical indicators continue to suggest bullish momentum.
Bullish Scenario:
As long as the price trades above 5356, it will support a bullish trend toward 5412
Bearish Scenario:
the price should drop to stabilize under 5327 to be downtrend toward 5260
Key Levels:
- Pivot Line: 5356
- Resistance Levels: 5412, 5450, 5525
- Support Levels: 5327, 5260, 5214
Today's Expected Trading Range: The price is anticipated to fluctuate between 5291 and 5412.
Direction: looks bullish above 5327
S&P 500 Rising Wedge As the S&P 500 approaches 2400 ( Resistance Level) and interim Supply Zone, on the 4hr Chart we can see
1. Since last Friday price entering a consolidation, with progressive formation of Descending candles.
2. This structure looks a lot like a Rising Wedge. If not this, then it certainly is a rising channel,
which is usually in the context of an uptrend, a reversal signal.
3. Volume is continuously falling, even during the NY session. The Buying pressure is abating
The past 2 days has seen indecision in this market, and a spread that is 1/5th the ATR.
In the coming NY session , it will be interesting to see if 2400 is broken or rejected.
For now, the Wedge pattern suggests a breakdown to
1. The supporting trendline at 5275 (most likely)
2. Demand - at 5200 .
Weekly Outlook SPY Aug12-19SPY is still showing signs of a corrective phase - which is not a bad thing. We had a retest of 200 D MA last week. But a continuation of the correction can bring us to 4800. Labor market and CPI data will play a big factor on whether 200 D MA is broken or not.
SPX In The Cross Roads!Hey traders ! Hope you're having a good summer so far!
Let's dive into the SPX Oanda monthly chart to spot a continuous trend about to be constructed.
As the big money sets this market up for it's next move we have to wait for the completion of the footprints in order to follow the path to prosperity $$$
Here is the base build so far based on the monthly chart; A break above 5680.4 area paves the way to 6,023.7 area. If we break below 5011.9 area the bears will bring us down to 4541.2 area. After one of these moves happen the charts will have to reveal the next trading destination on the hit list.
During this construction expect lot's of trick moves and chop if we don't rocket into one direction or the other. Stay cool, stay calm while keeping your mouse in your palm.
SPX Bulls - Give up already ;) Do you need more Fibonacci or is this Fibonacci enough to let you bulls understand, you are trying to win a losing game (hhhhhh). I will accept defeat once the final Fibonacci speed resistance fan line has been beaten, but even then, I will be looking out for a double top.
In my opinion, this traffic zone is a desperate attempt of a trend continuation, however, there is no reason for this trend to continue currently. I think a test of the Jan 2022 highs will be enough to consider a macro reversal towards 7000, however, until then. Go to bed bulls - kappa? xD
SPX -S&P500 index has never broken this upper trendline in 150yrThe SPX -S&P500 index has NEVER broken this upper trendline in 150yr!!!
We are at the upper trendline limit on the S&P500 index going back a century and a half.
Is this time different?
us500 long positionI am looking for purchases in sp500 to follow the structure, I expect a breakout in 5m, and a bullish continuation by filling the pending liquidity zones
spx vs inflationI don't know how to make this any clearer.
There is no gold and silver bull era.
Not yet anyways.
#gold #silver #spx #inflation
SPX / SNP500🔍 SPX Analysis: Key Dates for Strategic Market Moves 🚀
The SPX chart reveals critical upcoming dates marked by green and red dashed lines, offering insights into potential market movements:
September 18, 2024 & December 31, 2024 - Green Lines: These dates indicate expected local lows, presenting potential opportunities for entering long positions or accumulating more exposure to the market.
November 11, 2024 & March 7, 2025 - Red Lines: Anticipate local peaks around these dates, which could be ideal for taking profits or reducing exposure as the market might face resistance or a pullback.
Looking further ahead, July 20, 2026, marks a significant long-term low, potentially offering the best entry point before the next major market cycle.
By aligning your trades with these key dates, you can optimize your strategy, taking advantage of anticipated market fluctuations. Stay informed and plan your moves wisely.
#SPX #MarketTiming #InvestmentStrategy #StockMarket
Key levels for potential movement US500At the moment the market is on a accumulation phase on macro. The real question here is to what extent we are on the beginning of a trend or to what extent this might be a FOBO?
So, there are potentially 2 scenarios. First, if it breaks 5361 it will give more confidence that this might be the start of the trend. Second, if it breaks 5297, it will be a FOBO and the potential objective might be up to 5175. PEPPERSTONE:US500
SPX500 MULTIPLE BREADTH CHARTBreadth Charts are utilized to ascertain by percentage the number of stocks within the index are above or below the relevant moving average
This example reflect SPX500 with Breath chart 20/50/200
Thin Markets Unnerve Traders: What to Know About Summer TradingLow trading volume is the market theme of the summer, which is driving investors to question their knowledge and ability to move in and out of markets. Forex, stocks, commodities and even crypto — they all seem more volatile during the summer quarter and there’s a reason for that.
Big-shot traders ditch the trading desks for margaritas, espresso martinis and tan on the Amalfi coast while algo trading gets to slosh around billions of dollars. The result — thin liquidity sinks trades every now and then.
August Trading Shakes and Stirs Markets
The summer months have rolled in and with them a heightened feeling of unease has swept global markets. From a rally in the Japanese yen , to a big meltdown in stocks and crypto market carnage , asset classes got shook from this one market characteristic — volume .
Thinning trading volumes disrupted the usual market rhythm, ushering in an environment dominated by increased volatility and unpredictable swings. Low volumes have the tendency to amplify price declines and increases.
Illiquid August conditions may turn a rather normal move into a violent swing. Fewer shares traded means that a trading instrument is more susceptible to sharp price movements as there are fewer participants to absorb the trades.
Panic Selling and the Carry Trade
A volatility storm swept Japan’s stock market last week, throwing it into its worst single-day performance since 1987. Japan’s broad-based index Nikkei NI225 crumbled 12.4% in a single session while US stocks slumped 3%. Wall Street’s fear gauge, the VIX index of volatility VIX , shot up more than 50% to its highest level in 2020 when the pandemic was wreaking havoc.
A day later, Japan bounced up 10% and the S&P 500 jumped 1%. The VIX shot lower by 28%. Japan ended up in the spotlight due to the unwinding of what’s called the “carry trade” — big hedge funds had borrowed trillions of cheap Japanese yen at near-zero interest rates to buy stocks or jam the cash into Treasury bills that pay a 5% interest. Risk-free.
What’s not to like? The yen’s rise, for one. The sharp appreciation of the yen sent panicked carry traders scrambling to dump their holdings and repay their yen debt, which was getting more expensive.
It’s the Algos’ Market, We All Live In It
In August, traders typically exchange about 9.3 billion of US shares a day. Compared to March, where 13.2 billion shares change hands a day, that’s a 30% decrease in trading volume. Apparently, Wall Street does get a break from trading. Or does it?
The stock market and the currency market, in particular, are dominated by and large by computer-trading algorithms that execute trades at lightning speed based on pre-programmed criteria. These algorithms, or simply algos, are allowed to process huge amounts of data and react to market conditions in milliseconds.
While this can create efficiency and liquidity in normal market conditions, during periods of low volume — such as the summer months — they can contribute to increased volatility, especially if they are levered to the tune of 15, 20, 30 times.
A single large order or a sudden piece of news can trigger a cascade of algorithmic responses, leading to rapid and sometimes exaggerated price movements. In other words, when these algos make a decision, that’s when volatility goes through the roof. Pair it with low volumes and you’ve got an explosion (or implosion) of prices.
How to Survive Wild Markets?
Given the unique challenges of summer trading, traders need to adjust their strategies accordingly. Here are some tips that can help.
Lower Position Sizes : In a thin market, large positions can be harder to exit without moving the market (especially if you’ve loaded up on illiquid meme coins). Reducing position sizes can help mitigate this risk.
Wider Stops : With increased volatility, it may be necessary to widen stop-loss orders to avoid getting wiped out by intraday market noise.
Focus on Liquidity : Stick to trading more liquid instruments where possible, as these will typically be less affected by the summer slowdown. Hint: forex is the most liquid market.
Keep an Eye on Economic Data : Summer doesn’t stop economic data releases , which can lead to outsized market reactions in a light market. Stay informed.
Patience and Discipline : Summer trading requires patience and discipline. The temptation to overtrade in a quiet market can lead to mistakes. It’s often better to wait for clearer setups rather than forcing trades in a challenging environment. While you're waiting for the right moment to step in, test your strategies and find the best moves for future trades.
What Do You Think?
Summer trading presents a unique set of challenges that can unnerve even the most experienced traders. Thin markets, increased volatility, and the dominant role of algorithmic trading create an environment where caution is paramount.
How do you handle volatile markets in thin trading? Let us know in the comments and let’s spin up a nice discussion!
DIVERGENFCE IN SP500 WEEKLY CHARTThere seems to be a bearish divergence on the weekly chart. So no pormissing, since also the divergence appears on DJI average index.
Bullish Momentum in S&P 500 as Market Stabilizes Above 5327Bullish Momentum in S&P 500 as Market Stabilizes Above 5327
The S&P 500 (SPX) has stabilized within a bullish trend by stabilizing above 5327, targeting 5363 and 5412 soon. The current volatility and technical indicators suggest bullish momentum.
Bullish Scenario:
As long as the price trades above 5327 will support a bullish trend toward 5412
Bearish Scenario:
the price should drop to stabilize under 5327 to be downtrend toward 5260
Key Levels:
- Pivot Line: 5327
- Resistance Levels: 5365, 5412, 5450
- Support Levels: 5291, 5260, 5214
Today's Expected Trading Range: The price is anticipated to fluctuate between 5291 and 5412.
Direction : looks bullish above 5327
240812 Market OutlookLast two weeks adjustment was aligned with the rise in Unemployment Rate and associated worries about the possible US economic slowdown.
A week ago gap was closed last Friday, but there still remain another gap on Aug-2, which slightly increase the probability of further rise in US stocks.
The focus of this week is inflation data from US, including PPI on Tue, Inflation Rate on Wed and Retail Sales on Thu. Additionally, investors should pay attention to Initial Claims on Thu and Michigan Consumer Sentiment on Fri.
S&P500 - Possible Rise#trading_idea #US500
#US500 - Key Moment
On the daily chart, it’s visible that the price is testing a key resistance level at 5360. The MA(100) is already slightly lower. Traders have bought the recent dip. A Bullish Engulfing candlestick pattern has formed. At the same time, the Stochastic indicator suggests a possible continuation of the asset’s upward movement.
🔼We might see a break of the 5360 key level, with a possible further rise to 5402 and 5449.
🔽Alternatively, the price may down back to test 5297 support.
😎 Hit "👍" if you believe the price will rise and "👎" if you foresee it dropping.
S&P500 (SPX500): Classic Bullish ReversalThe 📈SPX500 showed strong support at a horizontal demand area on the 4-hour chart.
A clear rejection and the formation of a cup and handle pattern suggest that buyers will likely drive prices up.
The target levels to watch for are 5,418 and 5,481.
SPX: cancelled recessionFear of recession was one of the major drivers behind the US equity market's significant drop two weeks ago, however, Monday brought a change in the mood. The markets started to be relaxed that the recession time is still not on the schedule of the US economy, and that they might continue with an optimistic view on future earnings. Still, something has changed in terms that many investors are currently more precautious when returning to the equity market is in question. Analysts are currently revisiting their projections, in which sense, BCA is projecting that the S&P 500 might reach 3.750 by 2025 amid slowdown in the world economy and collapse of the carry trade in the Yen. At the same time analysts from Wells Fargo noted to investors “buy stocks, not the stock market”, remaining with a forecasted 5.535 for the S&P 500 as of the end of this year.
The S&P 500 performed in a strong manner during the week, with a move from 5.130 points up to 5.344 as of the end of the week, gaining around 4% for the week. Although it sounds like a huge weekly gain, it should be taken into consideration that previously, the index lost 10% from its recent all time highest level. The tech companies were again the ones which led the market to the upside. META was up by 5% on Friday, while pharmaceutical Eli Lilly was trading higher by 11%, due to revised earnings to the upside till the end of this year. Although the recession is cancelled for the moment, still, some precaution in further anticipation of the S&P 500 moves to the upside should be taken with precaution.
Is this a SELL SIGNAL for S&P 500 this week???Technical speaking, we have predicted that last week, the s&p 500 might started to rebound, since we've seen three to four bearish candles before trend reversal in the past pullbacks, and last week was the forth candle of this pullback. And it just moved as we've predicted.
And for now, the price is still rebounding from overall bearish market. So this week, we might pay close attention to the ending signal of this rebound, for example, the price be rejected by the resistance of previous low.
Key macroeconomic dates include the U.S. releasing the July PPI on August 13, the July CPI on August 14, and the so-called "dreaded" July retail sales data on August 15.
Also, Japan will release its Q2 GDP, likely stirring the pot again with yen carry trades.
In political news, the latest Financial Times poll shows Harris with a 1% lead over Trump in the presidential race.
I think from economic reports to the election, all could drive more volatility in U.S. stocks. Investors should keep a close eye on market movements and manage their risks accordingly.
Nsp 500I research nasdaq 500 and in conclusion the twitch are just way to complicated it need to be simplify by a robot not just some ai.
SPX: Possible Completion of Wave 1After further analysis, I believe we have completed larger Wave 1 down and have began Wave 2 up. The reason for my change of my opinion is the current prices have surpassed the 0.382 retracement for which wave 4 should reject and begin Wave 5. I see Wave 4 of larger wave 1 ended on Aug 7 and wave 5 of larger Wave 1 ended later that same day. If we are in larger wave 2, expect a full Wave 2 to complete at the 0.618 retracement of wave 1 at 5490. This target aligns well with the resistance we saw the last week of July. At that point, we will begin wave 1 of larger Wave 3 down.
