SPX long term buy SPX is showing a bullish setup on the weekly chart which can be interesting for long term traders that like to hold positions almost forgetting about them risking a little bit more. If you have any questions feel free to text me and I will answer as soon as possible Longby tommasomariacominiPublished 111
S7P500 IDEATIONMy Perspective on the S&P500 looking at previous pullbacks and trend direction. Seem quite straight forwardby DeaconCheese3088Published 1
Think the S&P can't go lower?The S&P trades well above the 50MA weekly, potentially overbought. Price action could work ifs way below the 200 MA. The risk to reward ratio may lead investors away from stocks and into bonds in favor of less but more assurable returns. Stocks have been all the rage since 2008 finacial collapse. The tide may have finally turned due to tight monetary policy by the Federal Reserve (i.e. no more low interest rates). TLDR - Investors are going to be risk averse by turtlebusterPublished 115
US500 MUTIPLE BREADTH CHARTSPX500 chart with 20/50/200 breadth indictors This tool is used to determine percentage of stocks above or below respective moving averages for relavant instrument by simtrader19aPublished 2
SPX - Decision Time - ATH or 5000?This coming week will be big. I see us hitting my Target 2 (5400) maybe Monday or Tuesday. we have PPI on Tuesday and Inflation on Wednesday which should send us onto target 3. Will it be ATH or as I'm leaning towards go down near the April low around 5000 where the 200DMA is sitting. I think it wants to tag the 200DMA before moving higher... Bad inflation this week could do it. We are also in Mercury Retrograde.. Which is usually negative in markets although we already dropped a lot. Plus we are also still in a bear new moon for another week.. so there is two negatives plus it looks like a nice bear flag is forming. What do you think? Heading to ATH or go down near 5K first then ATH? Shortby TheUniverse618Published 446
Massive Sentiment Swing (Bears vs Bulls Royal Rumble)Many traders were looking for answers this week. What just happened? The quick summary is the JPY carry trade was quickly unwinding and as the Nikkei 225 was dumping with the largest 2 day move (EVER) the JPY volatility increased. On top of that, the FED didn't cut rates in July (as expected) and elected to punt to September (with likely 25 bps cut forecasted). Unfortunately, Thursday Unemployment Claims were higher and Friday's Non-Farm was a massive whiff. This triggered concerns that the FED is now behind the curve and the economy is heading into a recession (Sahm Rule is undefeated as a predictor). Key takeaways from me this week - VIX made the 2nd largest single day spike (Friday to Monday), and 24 hrs later made the 1st largest single day retreat (Monday to Tuesday). As I explain in the video, eerily similar volatility event like we saw in 2017 into January 2018. History rhymes and 2017/2018 were very different economic times compared to today. The week ahead is a bit lighter on US earnings, but key news is PPI and CPI (Tue and Wed prints). I'll be watching the key equilibrium levels to see who gets the upper hand. Do bears attempt to push price lower and re-test the lows? Do bulls continue to rip after the outlier cleanse and we're back to all-time highs before the election or end of year? We'll find out. I'll be watching and trading and doing my best. Thanks for watching!!!29:47by ChrisPulverPublished 0
SPX ,,where to??it looks like we are hitting back to 5257!!! are we forming a head and shoulder pattern!Shortby saeedthubaitiPublished 112
Something wicked this way comesYou are looking at the end of an age. Wave 1-2 The Great depression. Wave 3-4 flat correction and represents the .com bubble and GFC. The next decade will be tough. Welcome the AI eraShortby MartyG-ODPublished 448
SP500 new ath before collapseSP:SPX Last time we dropped 35% on covid pandemic Now we have a correction 27% its more than enough Last impulse up till 2025 November can be in a range 5500 - 6200 Take profit and exit line on my custom indicator, all lines are dynamic Before we will see new trigger and end of 18 year property cycle Than we will see big correction to 3200-3000 "Buy line" on my custom indicator Based on my second indicator Market Mood we already 3 times passed white zone on indicator which called disbelief zone when the best time accumulate crypto, indexes, etc Last impulse will be slowly but surely and will end on euphoria before disaster conflict between USA and China, hunger, new pandemic. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! by Crypto4lightUpdated 3
S&P 500 Daily Chart Analysis For Week of Aug 9, 2024Technical Analysis and Outlook: The S&P 500 Index displayed severe downward movement during the current week's trading session as we blasted through Key Sup 5238 and completed our long-time flagged target, Inner Index Dip 5131. The resilient rebound occurs, and the current market price action rests at Mean Res 5345. The likelihood of interim downward pressure toward the Mean Support at 5280 exists before the index resumes its upward trajectory. However, the prevailing price action suggests a sustained uptrend toward the Inner Interim Index Rally 5443, possibly extending to Mean Res 5525. However, these attained targets are likely to exert downward pressure.by TradeSelecterPublished 2
170$ target for silver? Good morning everybody. 170$ target for silver? Read below and see how it is possible. I have not shown you this in a while, this is how macro cycles work for silver bull eras. 1) Spx breaks down priced in silver 2) Spx enters bear market with failed recoveries 3) Spx continues to depreciated priced in silver 4) Spx finally breaks out and enters a new bull era That last step is when silver peaks. Higher spx is before rolling over, higher silver price will be when it peaks. We aren't at step 1 yet! A repeat of 2000s run from here has a 170$ price tag attached to silver. #spx #silver #gold #cycles #maco #marketsby BadchartsPublished 4
SPX support become resistance test, monitoring 54505122 become strong support with next support 4850 and 4762 if 5122 broken let see 5450 retestLongby salvanostPublished 0
SPX are we bullish or bearish? The S&P 500 closed the weekly firmly. Finally putting in a high volume reversal, has the SPX bottomed here? One thing is for sure we are still putting in higher highs & higher lows on the weekly time frame. Until we see the markets give us that lower weekly high its still a tough market to short. We think about the decline in semis and megacaps after earnings...all eyes will be on NvDA near end of month. The markets have a strong chance at staying buoyamt into NVDA earnings. 04:11by Trading-CapitalPublished 0
SP500 - 1W - DOWN - SHSsp500 1W - DOWN H&S - HCH Everything points to the SP500 having a lot to correct. It is a time bomb about to explode and will affect all markets. Also the crypto market... It is possible that the BTC correction has not yet concluded. We will have to be very attentive to what happens because the dominoes can fall one after another.Shortby DeuXfiPublished 3
SPX 5600 BY FALL 2024 ?SP:SPX Economic Resilience: Despite various challenges, the U.S. economy has shown remarkable resilience. If this trend continues, it could support higher stock prices. Normalization of Interest Rates: The Federal Reserve’s normalization of interest rates, rather than aggressive tightening, could create a favorable environment for equities. If inflation continues to fall closer to the Fed’s 2% target, it might only require modest rate cuts. Consumer Spending Power: Consumers have maintained strong purchasing power, supported by high job security and a robust labor market. This continued consumption can drive corporate earnings higher. Big Tech Leadership: Big Tech companies have consistently delivered strong earnings and have been a significant driver of the S&P 500’s performance. Their growth prospects, particularly in areas like AI, remain strong. Earnings Growth: Analysts project solid earnings growth for the S&P 500, with estimates suggesting a significant increase in earnings per share (EPS) for 2024. Valuation Multiples: The valuation multiples for Big Tech and other sectors are seen as reasonable given their growth prospects. This supports higher price targets for the index. Historical Trends: Historical performance patterns, especially in presidential election years, suggest that the S&P 500 could see gains.Longby NYRUNSGLOBALPublished 0
SPX1. SPX Bear Pennant. 2. Short everything. 3. Panic coming in US Stocks Today and Monday.Shortby PistolPeteno1Published 226
Just look for what is outperforming the S&P 500The market started to rotate in early July to more conservative sectors and AMEX:DBA is showing that agricultural commodities have been outperforming stocks. The ratio SP:SPX / AMEX:DBA made a lower high starting August and then just days later broke a key support level. Then the AMEX:DBA broke above a downward trendline. Is this the start of new trend? At least it is in the short term. The are some stocks in the food industry that are looking good like NYSE:TSN and $INGR. Even NYSE:PPT is doing all time highs after a 20-year base!Longby dpuleo19Published 0
SPX daily Ichimoku CloudPrice already went through the daily Ichimoku cloud, a bearish sign we had not seen since the 2023 autumn. The daily Kijun, which acts as an anchor has also been traspassed to the downside, now remains at 5,380.Shortby j_arrietaPublished 3
SPX weekly Ichimoku cloudWeekly Kijun is right at 5,300, acting as a support. On the weekly chart, the Ichimoku cloud should act as major support at 4,900/5,000. Price already went through the daily Ichimoku cloud, a bearish sign we had not seen since the 2023 autumn. The daily Kijun, which acts as an anchor has also been traspassed to the downside, now remains at 5,380. Shortby j_arrietaPublished 3
Devil talking: SPX 4 Year Cycle top at 6666 on Dec2024Based on 4 YC, fractals and Recession worries what if we top after the elections for a Bear in 2025 spilling into 2026. A 50% distance from the 200 WMA gives us around 6666. Can we go there before the bust ? The third rate cut could be the nail in the coffin. Longby RogerSPublished 0
SPX, wave 4 correctionWave 4 of the correction, ABC and then downwards to the 5,000/4,920 support. Not only fits on an Elliot Wave patter, it is also where the market makers will switch from bullish no bearish, pushing the price further down if traspassedShortby j_arrietaPublished 5
Bulls and Bears zone for 08-09-2024After a great rally yesterday, traders might be taking profit today. Therefore, it could be a range bound day. Level to watch: 5338 --- 5336 by traderdan59Published 1
SPX500 Rising Wedge !SPX500 is trading in a local Downtrend and the price Has formed aRising Wedge pattern and we are Already seeing a bearish Breakout so we are Bearish biased and we Will be expecting A further move down ! Shortby kacim_elloittUpdated 5526