S&P500Here we are looking to sell after the confirmation a support line breakout, retest and then we sell holding towards Targets 1 or 2, spoilt of choice for targets, up to you to decide and workout a safe and reliable SL.
US500.PRO.OTMS trade ideas
S&P 500 Index→Simple Analysis SP:SPX The S&P500 index (SPX) has had an excellent run since the time (August 28, see chart below) we introduced the following piece of analysis on the similarities between the 2015 - 2017 fractal and today's 2022 - 2024:
If it continues to replicate the past pattern into the 2018 fractal as well, then we may experience the last correction of the Bull Cycle around March 2025 towards the 1W MA50 (blue trend-line) as it happened in February - March 2018 and then the final rally to a new All Time High (ATH) towards the end of the year (October - December 2025).
What this pattern shows, and what we've presented to you as a possible scenario on previous analyses, is for a new Bear Cycle to begin in 2026, four years after the Inflation Crisis of 2022, that will once more test the 1W MA200 (orange trend-line), which is the market's long-term Support.
As a side-note to investors, it is important to understand that corrections are cyclical and crises systemic. Long-term, multi-year patterns like this, help us understand with a certain degree of efficiency, when to enter and when to exit. Timing is at times (especially on such long-term horizons), more important than pricing.
Bulls and Bears zone for 12-12-2024ETH session is testing yesterday's Low which could provide some sense of direction for the day.
Level to watch: 6079 --- 6081
SPX500/ Trades Between (ATH) ZoneS&P 500 Technical Analysis
The price has dropped from its all-time high (ATH) which is 6,099. It is currently trading within the ATH zone, which is located between 6,099 and 6,058, and continues to move toward 6,058.
For the bullish trend to be confirmed, the price must break the previous high resistance at 6,099 with a confirmed close of a 1H or 4H candle. This would pave the way for the price to reach a new all-time high (ATH) at 6,143.
The price is currently trading toward 6,058. If it breaks this level with a confirmed 4-hour candle close, the bearish trend will be activated, targeting the 6,022 level.
Key Levels:
Pivot Point: 6058
Resistance Levels: 6099, 6143, 6185
Support Levels: 6058, 6022, 5971
US500 evening updateBearish count for US500.
This count has price in wave (5) of ((5)), to complete impulse off 5 August low.
Again, not tagging median (red) line of pitchfork suggests bearish reversal.
Count valid below price of 6197, as ((1)) > ((3)) > ((5)).
S&P 500 Analysis: Bearish Momentum Ahead of CPI ReleaseS&P 500 Technical Analysis
The price dropped as we mentioned in the previous idea from 6058 and still has bearish momentum.
Now, as long as trades below 6058 touch 6022, stability under 6022 supports dropping toward 5971, especially if the CPI released is more than expected, which is 2.7%.
A 4-hour candle should close above 6058 to have a bullish trend until 6099, in the case of realizing CPI results in less than 2.7%.
Key Levels:
Pivot Point: 6058
Resistance Levels: 6073, 6099, 6145
Support Levels: 6022, 5971, 5932
Trend Outlook: Downward while below 6058
SPX500 H4 | Falling to pullback supportSPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 6,020.01 which is a pullback support.
Stop loss is at 5,950.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.
Take profit is at 6,102.21 which is a swing-high resistance.
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$SPX MONTHLY COUNTMonthly count of SPX currently on wave 5 and forming ending diagonal?
for daily and weekly structure im seeing a correction for wave 4 (red)
let's see how the story fold.
S&P 500: Technical Insights and Trend ForecastS&P 500 Technical Analysis
The price has dropped from its previous significant high and has already broken the key level at 6058. It is currently attempting to reclaim this level.
As long as trades below 6058 will touch 6022.
Bullish Scenario, A 4-hour candle close above 6058 will signal a potential reversal, targeting higher resistance levels.
Key Levels:
Pivot Point: 6058
Resistance Levels: 6073, 6099, 6145
Support Levels: 6022, 5971, 5932
Trend Outlook: The trend remains downward while the price is below 6058.
Previous idea:
Potential bullish bounce off pullback resistance?S&P500 (US500) is falling towards the pivot and could bounce to the 1st resistance which has been identified as a pullback resistance.
Pivot: 6,026.51
1st Support: 5,871.75
1st Resistance: 6,099.49
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Nightly $SPX / $SPY Predictions for 12.24.2024🔮
⏰10:00am
Richmond Manufacturing Index
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
US500US500 is in a possible distribution, which is a bearish pattern.
2025 will be more like a sideways action.
Good times for small caps!
US500 ShortUS500
SHORT
💎Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
⛔️INSTRUCTIONS 1:
Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss
⛔️INSTRUCTIONS 2:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
S&P 500 Outlook: Navigating Volatility with CautionRecent Performance: The S&P 500 has faced notable volatility recently, driven
by fluctuating Federal Reserve policies and various economic indicators.
Currently at 5930.85, the index reflects broader market trends that have
seen significant declines across major indices. Notably, only 25% of S&P
stocks are trading above their 50-day moving average, pointing to underlying
weakness despite some sectors demonstrating resilience, particularly
technology and consumer discretionary.
- Key Insights: Investors should remain cautious given the current market
conditions. The technology sector, exemplified by strong performances from
companies like Apple and Nvidia, appears to be a safe haven amid broader
declines. The focus should be on waiting for confirmation of potential
market reversals before making new investment commitments, given the
uncertain narratives around inflation and Federal Reserve policies.
- Expert Analysis: Analysts remain cautious about the S&P 500's immediate
trajectory. The prevailing sentiment is to be watchful for confirmations of
market changes, with emphasis on inflation dynamics and central bank
strategies heavily influencing market movements. Market experts continue to
monitor sector performance closely, noting that while technology shines,
financials lag behind with notable weakness.
- Price Targets: For next week, the key price targets and stop levels are as
follows:
- Next week targets: T1: 6000, T2: 6060
- Stop levels: S1: 5848, S2: 5770
The S&P 500 must stay above 5900 to indicate healthier market conditions, and
short traders should be vigilant as they consider market dynamics with potential
reversals in play.
- News Impact: Recent hawkish stances from the Federal Reserve, coupled with
economic data surrounding PCE inflation, have contributed to the S&P 500's
volatility. While there are glimmers of hope for a rally, the hovering risk
of recession remains. Increased consumer confidence and monitoring housing
market metrics will be crucial in assessing future movements within the
index.
Conclusion: Amid current market volatility, investors should adopt a cautious
approach, observing key support and resistance levels as the S&P 500 navigates
the complexities of end-of-year trading dynamics.
Major Indexes Face Downturn: What's Coming Next?◉ S&P 500 SP:SPX
● The long-term trendline support has been breached.
● The immediate support range is identified around the 5,650 to 5,700 levels.
◉ Nasdaq Composite NASDAQ:IXIC
● The Nasdaq Composite has rebounded from its long-term trendline support, demonstrating resilience amid economic uncertainty.
◉ NYSE Composite TVC:NYA
● The NYSE Composite has found support at its trendline and may bounce back from this important level.
◉ Dow Jones Industrial Average TVC:DJI
● After a consecutive decline over ten days, the index has surpassed its trendline support and is approaching the next support zone between 41,500 and 42,800.
Overall, all indices are anticipated to recover shortly, with expectations of robust performance from major stocks.
S&P 500 Technical Outlook: Pivot Points and Market TrendsUS Futures Rise Notably in Holiday-Shortened Week
US stock futures were significantly higher on Monday after the S&P 500 posted its largest gain since early November on Friday.
Technical Overview:
As long as the price trades above 5971, the bullish trend will continue with potential upward targets at 5995 and 6022.
However, if the price closes below 5971 on a 4-hour (4H) candle, a bearish move toward 5936 may follow.
Key Levels:
Pivot Point: 5971
Resistance Levels: 5995, 6022, 6053
Support Levels: 5936, 5919, 5895
Trend Outlook:
Downward by stability below 5971
Bullish Trend above 5971
UNFINISHED BUSINESS DOWN SOUTHFOREXCOM:SPX500 we have a daily wick fill in progress to the up side creating a FVG on the 4hour.. with that being said, looking for resistance area between 5985-6000 then a continuation back southbound to fill the 4 hour imbalance then travel back north.
SPX Ascending Wedge BreakSPX had a clean break and retest of its ascending wedge last week. It was a strong move back up off of 5850, but it rejected on the retest. Range is now from 5,850 to ATH.
Looking to see if bulls can reclaim that trendline or not. For now I'd be bullish above 5,850 and bearish below. Downside target would be the election gap fill and/or the previous ATH around 5,669. We're still near ATH so that will continue to be the upside target. Long confirmation would come if it reclaimed the wedge + the descending trendline above.
$SPX - idea from the historyI've just faced an unpublished idea about SP:SPX . Will publish it in the mid on the road. )
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view.
The S&P500 is struggling to reach its previous peak
The S&P500 is approaching the 5914-5892 support range on the one-hour timeframe after a price decline. This area acts as strong support due to previous reactions and a crossover with the 50% Fibonacci retracement level.
The price reaction to this support area indicates buyers’ willingness to increase their strength. The bullish candles that will form after hitting this level indicate a possible price reversal.
If this level holds, a move towards the targets of 6033 and then 6126 is possible in the short term. However, a break of the support level of 5892 could lead to a further decline and a drop to lower ranges. Traders should pay attention to the price reaction to these ranges as well as trading volume.
SPX500 Rebounds: Market Optimism or Fed Reassessment in Focus"The SPX500 is bouncing back from the FOMC sell-off, signaling market optimism or reassessment of the Fed's stance. Key drivers include rate expectations, upcoming economic data, and sector performance. Watch for sustained momentum or signs of caution.
SPXUSD Daily Has A Inverse Cup & Handle Hey fellow traders and followers! I have to point out a possible inverse cup & handle and targets if she plays out in SPX Oanda.
Breaking point on daily is 5881.6 after which would trigger bears to take over the show and bring us down to the measured move of 5751.3 area. If that area breaks after being tested with a fail we falllll ---
-----
--5643.3------------
Market sits in no man's land I like to call it being bulls and bears on both sides of this rope in a tug of war. Be very very cautious at this time as charts in bigger TF's are starting to spell( FALL )
Don't get hurt on this one as this fall will give you more than just a scrape on the knees, more like a broken leg or worse.
Trade with caution and best of luck in all your trades. Cheers!
