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E-mini S&P 500 Futures (CME) (OANDA EU Clients)

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US500.PRO.OTMS trade ideas

SPX500USD Is Bullish! Buy! Please, check our technical outlook for SPX500USD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,836.4. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,891.1 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDLong
by SignalProvider
1
The bulls need to reclaim 5815! Structurally, the SPX has printed a higher low compared to the previous day, with the weekly low at 5863 and the higher low at 5785. A break below 5800 opens the door to 5785; a break below 5785, implies an outside day with major support at 5765/5760. If bulls cannot reclaim the 5815/5825 zone, this would be interpreted as a backtest of the breakdown zone from Wednesday. Dealer Gamma remains more neutral than imbalanced, but flows are destabilizing. There is potential for significant directional or flash moves as dealers chase deltas, selling weakness and buying strength. Since VIX remains elevated, 19 and the Volatility Risk Premium (VRP) is at a premium, implied volatility could be an exacerbating factor in both directions. The upside is heavily dependent on a vol down environment. A reclaim of the 5815 Flip (dealer transition) often attracts volatility sellers, which could trigger a sharp upside squeeze. Vol crush Friday?
SP:SPX
by 0dteTraders
$SPX Analysis, Key Levels and Targets for 10.24.24OK, so in SPX, here we also closed right at the bottom of the implied move for the week, which is 5800. If you've been watching the videos you know how we got that number. That's the number right in the middle of the trading range. Above us, we have the 30-minute moving average and the 35 EMA; they are both in today's trading range, and the way they interact is very important. If the 35 EMA crosses underneath the 30-minute moving average, we have gone bearish. We could also bounce here, which futures suggest, and if the 35 EMA bounces on the 30-minute moving average, then we will resume upwards or keep consolidating here. As long as the 35EMA is above the 30min 200MA we are bullish on this timeframe. The top of the implied move is 5840, and 5850 on Friday's contract. If we do trade up today, I would be looking at 5845-5855 bear spreads. And if we drop, the one-hour 200 is underneath us, ready to catch us. The bottom of the implied move is 5750 and 5740 on Friday's contract. Here again, if we drop, I'll probably be looking at 5745-5735 bull put spreads. Also, guys I didn't add this to the chart above but we do have a bear gap at the very top of the training range from yesterday. GL today, y'all
SP:SPX
by SPYder_QQQueen_Trading
S&P 500 Is Higher Than Ever. Can Earnings Support the Growth?Tech giants are in the waiting room, prepping their financial updates while investors drool over prospects of AI-fueled revenues. The season kicked off with Wall Street banks posting some convincing numbers for the September quarter, painting an optimistic outlook for Corporate America’s biggest and brightest players. The S&P 500 is hot, hot, hot. Investors just can’t get enough of the 500-strong index and last Friday they pushed it to its 47th record closing high of the year. And they did it with finesse — on the eve of the 37th anniversary of the “Black Monday” market crash. (On Oct. 19, 1987, the S&P 500 wiped out a record 20% and the Nasdaq shed 12%.) Broadly, US indexes are having a bumper year, with most of them up double digits or more. With no time to waste, markets are shifting their attention to the looming slate of big tech earnings reports . Here’s what’s going to be turning heads this week: 📌 On Wednesday , EV maker Tesla TSLA will be the main character in the world of corporate updates. Wall Street is eyeballing earnings north of $25.4 billion, up from $23.4 billion in the year-ago quarter. Besides Elon Musk’s EV giant, Wednesday will bring earnings from Coca Cola KO , Boeing BA , IBM IBM and telecoms mainstays T-Mobile TMUS and AT&T T . 📌 On Thursday , the earnings roll keeps rolling in with e-commerce and cloud computing juggernaut Amazon AMZN reporting after the closing bell. But all that earnings action looks fairly light — wait till you see what’s cooking for next week. *drumroll please* … 🥁 The Magnificent Seven club of tech highflyers will be represented by four of its members. (Tesla and Amazon report the prior week and Nvidia NVDA reports in about a month from now.) 📌 On October 29 , Google parent Alphabet GOOGL is scheduled to report earnings figures. Shares of the tech heavyweight are up about 18% on the year but got stuck recently after the Department of Justice filed a range of possible changes aimed at reducing Google’s search dominance. 📌 On October 30 , Facebook parent Meta META and Microsoft MSFT will reveal how they fared in the three months through September. Mark Zuckerberg’s Meta flaunts a massive 65% year-to-date increase (and some new glow-up for its loose-shirt-wearing tech bro founder.) Microsoft, on the other hand, is up by a more modest clip of 12%. 📌 On October 31 , Apple AAPL will release its highly-anticipated earnings data that will include a glimpse into how well the new iPhone 16 is selling . Shares of Apple are up roughly 27% for the year. These seven mega-cap corporate giants are expected to show an 18% rise in third-quarter profits, according to Bloomberg Intelligence. If materialized, that would be substantially slower than the 36% seen in the second quarter. The sheer size of the pack accounts for about 30% of the total market cap of the S&P 500 (which not long ago celebrated its $50 trillion milestone .) Nvidia and Apple alone are worth more than $7 trillion combined. What’s on your radar for this earnings season? Are you waiting for a tech giant to dip or maybe you're after a bank stock or a car conglomerate? Share your comments below!
Editors' picks
SP:SPX
by TradingView
13
S&P 500 Index - Already dropped and still...Technical Analysis: The price dropped after stabilizing below 5863 and is still running to get 5825 and 5781 If the price breaks and holds above the 5878 level, the next target would be the resistance line at around 5,939. On the downside, a rejection from the liquidity zone could send the price back down towards the support line near 5,825 or even further towards 5,781. Direction: Bearish: If the price fails to break above 5878 and 5,891 and the liquidity zone holds as resistance, the price will likely move towards 5,825 or lower. Bullish: If the price breaks and closes above 5,891, a bullish continuation towards 5,939 is expected. The overall bias is bearish unless there is a confirmed breakout above the liquidity zone. Key Levels: Pivot Point: 5837 Resistance Levels: 5865, 5891, 5915 Support Levels: 5812, 5781, 5761 Trend Outlook: Bearish below 5848 Bullish above 5878
OANDA:SPX500USDShort
by SroshMayi
SPX500USD Will Grow! Long! Please, check our technical outlook for SPX500USD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5,849.9. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5,898.0 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
OANDA:SPX500USDLong
by SignalProvider
1
SPX Grand Super Cycle- Possible Target $ 6000 to 7000There is no denial for a short-term pullback in the market, which will be healthy for the market. Also lots of speculation/leverage in the current market So the market maker may shake out the weak hands soon. If we see SPX in the quarterly chart Wave 1 started in 1976 and ended in 2000 which was around 26 years. Wave 2 was from 2001 to 2009. Total nine years for wave two corrections. Wave 3 started in 2009 and correction in 2020 March was quick just two months correction (Most probable it should not be wave 4 correction). This can be a nest (each wave is built of smaller waves and, at the same time, each wave is a part of a bigger wave) and wave II of a second nest. In my opinion, there would be two probable scenarios, the first one is SPX is still in wave three and it will go to 6000/7000 in this decades. As if we go with SPX Grand Super Cycle then- possible targets can be 4700 to 5000 or more before a major crash (Wave 4 correction multi-years) happen and after the wave 4 correction wave 5 targets can be 6000 to 7000 or more The second one is to complete wave 5 around 4600 to 5300 and 60-80 % crash to 1500 - 2000 So just remember a sharp correction/crash wouldn’t be the end of the world, it will be an opportunity to invest for the long term Trend-based fib extension support the first scenario. This is just my view please share your views in the comment section. Thank you Disclaimer This idea does not constitute financial advice. It is for educational purposes only,
TVC:SPXLong
by RNB98
2
S&P500: Best buy entry the 4H MA100.S&P500 is bullish on its 1D technical outlook (RSI = 62.185, MACD = 62.800, ADX = 52.249) but neutral on 4H, which given the long-term bullish trend, has started to ring the first buy signals. Technically though, a better opportunity would exist on the 4H MA100 and not the 4H MA50 which was just tested. In fact, the last HL of the 5 week Channel Up was priced on the 4H MA100 when the 4H RSI broke under 40.00 (bearish). We will buy when those conditions are fulfilled and aim for another +3.50% rise (TP = 6,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
7
US500 continues to trade around the all time highs.SPX500USD - 24H EXPIRY Price action continues to trade around the all-time highs. Posted mild net daily gains but all trading confined to the previous days range, an indecisive Inside Day. The 261.8% Fibonacci extension is located at 5901 from 5682 to 5766. Due to an Ending Wedge formation, we continue to treat extended gains with caution. Reverse trend line resistance comes in at 5898. We look to Buy at 5848 (stop at 5823) Our profit targets will be 5898 and 5905 Resistance: 5892 / 5898 / 5901 Support: 5848 / 5770 / 5766 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDLong
by OANDA
S&P 500 (SPX500) Weekly Market Outlook: Index in Focus: S&P 500 (SPX500) Timeframe: Weekly and Daily Key Technical Patterns: Ascending Trendline on the Daily timeframe Major Correction Zone below 5,000 level Analysis: Daily Ascending Trendline: SPX500 has been moving within a strong uptrend, as indicated by the ascending trendline on the daily timeframe. However, the price has reached a crucial resistance zone just under 6,000. This level is critical, as a rejection here could signal a significant corrective phase. Correction Zone and Targets: The chart suggests that the market is poised for a deep correction if the price breaks the trendline. The first downside target lies at the 5,000 level, which is a psychological support, and further movement could push the index down to the 4,844.37 area, as seen on the chart. Trade Setup: Given the possible rejection near 6,000 and the break of the ascending trendline, we are focusing on sell opportunities in anticipation of a larger market correction. Key Targets: First Target (TP1): 5,000 (psychological level) Second Target (TP2): 4,844.37 (next major support) If the price continues below these levels, we could see an even deeper correction into the lower trendline zones. Conclusion: The S&P 500 is at a critical point where it faces potential downside pressure. Similar to the USD/JPY setup, this index is showing signs of a major correction as momentum weakens near key resistance levels. Keep an eye on the 5,000 level for possible support, but be ready for a bearish move if that level breaks. Stay vigilant for selling opportunities on pullbacks during the week!
FX:SPX500Short
by eddychuksuniversity
13
GEX levels of SPX for Weekly Option TradersAlthough the SPX is currently trading within a relatively neutral positive gamma range, it’s worth taking a closer look at what the week might hold. This week, SPX is moving between critical resistance and support levels, which are showing significant options activity. The 5900 level is the key CALL resistance, acting as the gamma wall for the next 7 days (7DTE) . This suggests that as long as the price remains below this level, it will face strong resistance in moving higher. If the market breaks through this level, it could signal a bullish breakout, leading to increased turbulence. 🟨 DETAILED VIEW: In case of a breakout, keep an eye on the second weaker CALL wall at 5925 and the third weaker CALL wall at 5940, which are the next potential resistance levels once the market moves past the 5900 gamma wall. These levels could play a pivotal role in the price’s upward movement and indicate further buying pressure. 🔶 HVL Level and Gamma Environment: 5830 The 5830 level represents the High Volatility Level (HVL), which determines whether we are in a positive or negative gamma environment. If SPX closes below this level, we enter the negative gamma zone, which could lead to increased market volatility. This could result in sharper price movements during the week if this level does not hold. In that case, the PUT supports come into focus. The 5750 level marks the strongest PUT support, providing substantial downward support for the market. However, before reaching this level, it’s important to consider the emerging PUT wall at 5765, which may stop the price from falling lower. This could act as an intermediate support, slowing or even halting a decline before the 5750 level comes into play. 🔶 Implied Volatility and Time-Based Strategic Opportunities NOW The decrease in implied volatility, as shown by the IV and IVx indicators, signals a calmer market environment. Based on IV rank and average IV levels, volatility is running lower, which presents good opportunities for various spread strategies, especially time spreads that can be optimized between the 11/01 and 11/04 time frame. Key levels above could fuel further market movement throughout the week if a breakout occurs. CALL/PUT gamma levels on the options chain strongly outline the potential resistance and support levels, but these levels can change dynamically, especially if SPX breaks through the 5900 level. 🔶 SPX Key Levels This Week: 5900 CALL resistance – Main gamma wall, strong resistance. 5925 and 5940 – Second and third weaker CALL walls, offering additional resistance if broken. 5830 HVL – Key level determining the gamma environment. 5765 PUT wall – Emerging intermediate PUT support, which could slow a decline. 5750 PUT support – Strongest PUT gamma wall and support. Keep these levels in mind throughout the week, as they will likely influence market movements and the volatility environment. By applying the right options strategies, this information can help you structure profitable positions.
SP:SPX
by TanukiTrade
5
]S&P 500 Sets a Record: Six Weeks of Steady GainsThe S&P 500 Index has set a new record by completing its sixth consecutive week of gains, a feat that underscores its strength in 2024. With this performance, the index has recorded its 46th and 47th highest closes of the year, underscoring the market's resilience amid challenging economic conditions. Continued S&P 500 Successes The S&P 500's positive streak has been driven by a number of factors, including encouraging financial results from large corporations, which has fostered a climate of confidence among investors. This steady growth reflects renewed optimism about the ongoing economic recovery. Dow Jones milestones Meanwhile, the Dow Jones Industrial Average has surpassed the 43,000-point mark, reaching multiple record closes along the way. This performance highlights the strength of large company stocks, which have played a key role in the overall market advance. Growth Drivers The S&P 500's rise has been fueled by several elements. A positive retail sales report has improved market sentiment, while expectations that the Federal Reserve may achieve a “soft landing” have strengthened confidence in the economy. In addition, the performance of financial institutions such as Morgan Stanley, JPMorgan and Goldman Sachs has indicated a pickup in investment banking activity. Instability in the Technology Sector However, the technology sector has shown some volatility. ASML disappointed by failing to meet quarterly order expectations. However, an outstanding report from Taiwan Semiconductor Manufacturing (TSM) revived optimism in the sector, reinvigorating artificial intelligence-related trading. Technical Outlook S&P 500 (Ticker AT: USA500) has been moving in a sideways range initiated in May, which was pierced as of September 18 to new highs returning to the long-term trend that can move the index up to 6,000 points with a current high of 5,886.35 points. The control zones show a value in the zone of 5,471 points precisely within this lateral range, sustained by a support at 5,398 points where it has bounced twice. The RSI indicates a slight overbought of 65.18% which could indicate a continuation of the index's growth. The golden crossover indicator indicated an entry from August 13. Golden crossovers occur when the 50-day SMA crosses above the 200-day SMA, indicating a definite uptrend. This trend shows no signs of ending at the moment, so the bullish expansion may last at least until the issuance of the next nonfarm payrolls and fed adjustments. Looking Ahead This week is anticipated to be a key one, with a series of earnings reports from major companies, including electric vehicle manufacturer Tesla. These results could significantly influence the performance of the S&P 500 and other stock indices. The combination of an upbeat macroeconomic outlook and positive financial results suggests that the S&P 500 will continue its upward trajectory. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
ULong
by ActivTrades
SPX: not ready to slow downThe S&P 500 counts the sixth straight week of winning streaks, and seems ready to count for more. During the previous week a fresh new all time highest level was reached at the level of 5.876. Only during the previous week the index gained 0,96%. Tech companies were again in the center of the market attention. The environment of decreasing interest rates and posted positive quarterly results of companies included in the index, continue to be main drivers of investors optimism. As per analysts comments, the 75% of companies which posted quarterly results have beaten market expectations, which was another positive boost for the index. On the opposite side are some analysts who are noting that such moves of equities are “atypical” for the election year. Normally, the equity market will post some volatility prior to elections, considering that the US is only three weeks away from the final election day. On the other side are analysts who are more oriented toward the economical background of such strong moves. Namely, they are noting that the ongoing surge in equities is partially due to government deficit spending, as it is currently 14% higher from the same period last year.
SP:SPX
by XBTFX