15-11 EURGBP15-11 EURGBP We are early here. An uptrend of this pair. The current GDP growth figure from the UK is -0.1% which is a deterioration of the economy. We execute a buy here with a long range linked to it starting at 0.83470.
US500.PRO.OTMS trade ideas
Correction neededS and P 500 looks oversold having been dropping for a few days. The previous established highs will be the target, simultaneously becoming potential selling regions if the bullish pressures cools down.
S&P Bearish ContinuationLast week begun a bearish move i am expecting price to continue down for now, bias is subject to change upon negating factors
S&P500 INDEX (US500): Your Trading Plan Explained
S&P500 index is testing a recently broken daily horizontal resistance.
With a high probability, it turned into support.
To buy the market with a confirmation, pay attention to a double bottom
pattern on a 4H.
If the price breaks and closes above 5899, it will give us a strong bullish confirmation.
The market will go up at least to 5954 level then.
If the price drops lower and sets a new lower low, the setup will be invalid.
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SPX 500 Cup completed handle formation SPX500 has been creating a rounding bottom form 2021 to 2024 and we have tested the neckline we are expected to created a handle and retest 4350 and then it should push towards 5400-6200 range in the next few months.
S&P 500 weekly timeframeS&P 500 in g of G of diametric aiming for ~8000 in 2026-27 and ~11000-13000 for 2029-2030
So every correction would be temporary until then
S&P 500 Insights: Consolidation and Breakout ScenariosThe S&P 500 experienced a notable decline of approximately 2.5% over the past week.
Current price action suggests a period of consolidation within the range of 5863 to 5896 before a decisive breakout.
Key Scenario Analysis:
Bullish Breakout: A confirmed close above 5896 on a 4-hour or 1-hour candle will signal renewed bullish momentum, targeting an initial move toward 5927.
Bearish Continuation: Conversely, a confirmed close below 5863, particularly on at least a 1-hour timeframe, is expected to trigger a bearish extension toward 5803.
Key Levels
Pivot Point: 5896
Resistance Levels: 5927, 5969, 6002
Support Levels: 5863, 5833, 5803
Trend Outlook:
- Bearish Trend Below 5663
- Bullish Trend Above 5896
previous idea:
S&P500 completed a 0.5 Fib correction. Strong buy opportunity.The S&P500 index (SPX) reached on Friday the 0.5 Fibonacci retracement level, a technical correction that started after the price made a Higher High at the top of the 2-month Channel Up. The 1D MA50 (blue trend-line) has been tested (and held) already on the day of the U.S. elections, so now we are technically still on the new Bullish Leg of the pattern.
As you can see, since the April 19 2024 bottom and the start of the even longer Bullish Megaphone pattern, every time a pull-back stopped within the 0.382 - 0.5 Fib range, the index resumed the bullish trend towards the -0.618 Fib extension. The 1D MACD with its Bullish and Bearish Crosses, is also illustrating this symmetry.
As a result, we believe that the current pull-back is over and we are now targeting 6210, which is within to potential -0.618 Fib targets.
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SPX: post-election reality checkThe post-election reality check was evident on the US equity markets during the previous week. Although the first week was marked with euphoria over potential tax cuts, still, the second week was marked with concerns over the rising US treasury yields. The S&P 500 started the week at the level of 6.005, but ended it at 5.870. A specific hit came from the pharmaceutical industry, after the appointment of R.F. Kennedy Junior as a leader of the US Department of Health and Human Services in the new administration, who was vaccine-sceptic during the pandemic period. The largest pharmaceutical and biotech companies were traded around 5% lower on this news. The market-favourite largest tech companies were down around 2%. Of course, the only company that gained during the week was Tesla, which was traded around 3% higher on a weekly basis.
The market reaction to a new US administration and potential changes which it can bring to the US macro and geopolitical standing, will most certainly continue in the coming period, as analysts are noting. In this sense, further volatility on the equity markets might be expected. Still, aspects of Feds influence should not be overseen. Regardless of current post-election hype, the Fed is the one which holds the strings of the US economy, and markets are still very sensitive to comments from Fed Chair Powell. His latest view that the “Fed is not in a hurry to cut interest rates” has been priced with a negative sentiment.
Sell OpportunityPotential Trade Setup:
Short Position: The analysis suggests a short trade idea based on the rejection at the top and the weakening momentum.
Entry: Around $5,875.57 (current level).
Stop Loss: Above recent highs (potentially around $6,036).
Take Profit: Targeting a move down to $5,448.32, which is a 7.27% decline from the current price.
Risk-Reward Ratio: The setup targets a significant downside move, making it a potentially high-reward trade, assuming a well-placed stop loss.
Analysis Breakdown:
Current Price Action:
The S&P 500 is currently at $5,875.57 after a significant upward trend.
There is a visible rejection near a recent high, suggesting a potential reversal or pullback.
Volume Profile:
The volume profile on the left indicates areas of high trading activity (high liquidity zones).
Strong volume nodes can be seen at the $5,560 level, which may act as a support area during a pullback.
Support and Resistance Levels:
Resistance: Key levels are marked around $6,016 and $6,036, representing recent highs.
Support: There are several support levels, with the critical zone highlighted at $5,560.47. Below this, the next support is seen at $5,446.54 and $5,359.70.
Trend Line:
The trend line shows a break or a test of the uptrend, which could indicate a bearish move if the index fails to hold above it.
Squeeze Momentum Indicator:
The Squeeze Momentum Indicator at the bottom is green, indicating bullish momentum, but there are signs of slowing momentum, which could precede a pullback.
spx longall stocks look like to gain more power to upside
5980 is my max target. but possibly go up further more until end of this month.
I see some bearish signal in october but before it is bullish
Nightly $SPX / $SPY Predictions for 11.18.2024 🔮
🔑Key Market Events:
🛍️ Earnings: NYSE:WMT (11/19), NYSE:TGT & NASDAQ:NVDA (11/20), NYSE:DE (11/21)
📈 Consumer Sentiment (11/22)
Weekly Recap & Market Forecast $SPX (Nov 17th—> Nov 22th)SPX - Powell changed his narrative on rate cuts, He came out and said he doesn't expect any rate cuts next month because economy is strong and inflation is starting to tick up again. Market started to decline due to new narrative because small businesses desperately needs rate cuts and cheaper loans.
Next resistance: 6,003 and 6,017
Next support: 5,773 followed by 5,640
Weekly Sentiment: Bearish
Bullish bounce off 50% Fibonacci support?US500 is reacting off the pivot and could rise to the 1st resistance level which is a pullback resistance.
Pivot: 5,868.86
1st Support: 5,772.69
1st Resistance: 6,011.91
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Is Trump Derangement Syndrome About to Hit Financial Markets?As the possibility of a second Trump presidency looms, some Democrats appear to be experiencing heightened anxiety, sometimes referred to colloquially as "Trump Derangement Syndrome." This anxiety, partly fueled by their own apprehensions and partly by controversial statements and actions from Trump and his supporters, could have ripple effects on financial markets.
Concerns range from geopolitical shifts—such as the fear that Trump might adopt a less supportive stance toward Ukraine in its conflict with Russia—to domestic instability arising from Trump's rhetoric or potential policy moves. Some also worry about economic upheaval, including possible budget impasses tied to proposals like those in the Project 2025 framework, which outlines substantial fiscal changes, including federal spending cuts and restructuring the Federal Reserve. Discussions around alternative monetary systems, such as a gold-backed dollar advocated by figures like Ron Paul, further amplify these concerns.
While these scenarios remain speculative, they underscore a broader anxiety among Democrats about Trump’s influence, which they often see as destabilizing. Historically, political uncertainty has influenced market behavior, and some investors may act sooner rather than later to hedge against perceived risks.
Market SnapshotMarkets are progressing as expected
Still expecting one final push higher before this bull market turns over
Us500 buy signal Bullish on h4 and daily timeframe
Retest of weekly high for entry confirmation
1:3 rr trade
SPX, evening analysisBig picture SPX analysis.
This certainly looks terrifying... implies move back to 2009 low.
Should be fun!
Bigger correction for SPX500USDHi traders,
Last week my analysis of SPX500USD was right again.
After the finish of wave 5, we saw the start of the bigger correction down.
So for next week we could see more downside for this pair after a (small) correction up into the Daily FVG lower.
Trade idea: Wait for a correction up on a lower timeframe and trade (short term) shorts.
If you want to see more from my 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 trade signals.
Don't be emotional, just trade!
Eduwave
SPX500Forex trading involves higher leverage (up to 50:1) and 24/5 market access, focusing on currency pair movements affected by economic data, interest rates, and geopolitical events - the key risk is that high leverage can quickly amplify losses, plus overnight positions face swap fees and gap risks during major news. Stock trading typically offers lower leverage (2:1 to 4:1), operates during exchange hours, and focuses on company fundamentals, earnings, and broader market sentiment - main risks include earnings surprises, market volatility, and lower liquidity in individual stocks compared to major forex pairs, while key advantages include better transparency through public financial reports and generally lower spreads than exotic forex pairs.
we gonna hold this channel ?Depends on the wider geo-economic factors. Trumps run-up to the presidency. Fingers crossed for a smooth ride.
$SPX Who Did That?One thing is for sure, the market programmed their algo's to draw the Republican Elephant all over the SP:SPX charts and stampede away with retailer profits.
Come Monday we will rally off this line of gap support and head up to sweep liquidity at previous highs. Once we grab the liquidity we will really find out who is in charge.
Elephants, or Donkey's?
S&P Hits All-Time Highs: Reversal Incoming?The S&P has hit an all-time high, breaking previous records. However, the chart suggests a potential reversal as it struggles to break the resistance at the 0.5 Fibonacci level ($6,019.68). Currently, the S&P is holding at the support level of $5,862.46. To maintain its bullish momentum, it must stay above this support. If it fails, the next support level is $5,772.72. A breakdown below these levels could trigger a broader market decline.
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