SPX500 4hr Buy Stop💹 Indices:
📈 4hr Long Buy Stop
🎯 BUY STOP - 5630.8
💵 TAKE PROFIT - 5735.1
🔴 STOP LOSS - 5596.0
⚠️ Reminder: If price trades below the 10ema remember to cancel/close your buy stop position.
US500 trade ideas
Why ORB + VWAP is Your New Best Friend in Trading -No, SeriouslySP:SPX Hey there, traders! Deno Trading here;👋 Stop feeling like the market is just a one big, mysterious puzzle, and felt you're missing the piece that makes everything click? Well, strap in, because today we're diving into the magic of the Open Range Breakout (ORB) strategy, sprinkled with a little VWAP (Volume Weighted Average Price) magic dust. Spoiler alert: This combo is like peanut butter and jelly for traders—simple, effective, and deliciously profitable.
The Chart (aka "The Battlefield")
Take a look at the chart above—our trusty S&P 500 on a 15-minute time frame. Notice those blue zones? That’s your ORB, the first 15-30 minutes of market action where all the cool kids (a.k.a. the big institutions) are making their moves. The VWAP line? That’s the referee, keeping everyone honest.
Now, let’s break down why ORB works most of the time (we're not wizards, after all, just really good strategists).
ORB: The Reliable Wingman
Imagine ORB as your super-reliable wingman. It’s there at the start of the trading day, setting the boundaries. If the price breaks out of this range, it’s like getting the go-ahead from your wingman to approach—“Yeah, this one's a keeper.”
In our chart, you can see how every time the price breaks above or below the ORB, it either rockets off to the moon 🌕 or dives deep into the abyss. And just like in life, we always want to go with the flow—if the price breaks out, we’re in for the ride.
VWAP: The Truth Serum
Now, let’s talk VWAP. Think of VWAP as the lie detector of the trading world. When the price is above VWAP, it’s like the market is saying, “I’m feeling good, let’s keep pushing higher.” Below VWAP? Well, it’s like the market’s had a rough night out, and it’s probably heading home early.
In this chart, you’ll notice how the price interacts with VWAP after breaking out of the ORB. When the price stays above VWAP after a breakout, it’s a sign that the bulls are in control—cue the confetti! 🎉 But when it dips below, the bears start growling, and you might want to reconsider your long positions.
Jokes Aside But Hey: ORB Always Works (Except When It Doesn’t)
Let’s be real for a second—ORB mostly works. Kind of like how your Wi-Fi mostly works until you really need it. But when ORB does work, it’s like hitting the jackpot. You’re basically riding the wave that everyone else is trying to catch. And if it doesn’t work? Well, blame it on the market gremlins and move on.
Why and Why again: ORB + VWAP = Trading BFFs
Let me wrap up that if you’re not using ORB with VWAP, you’re missing out on a killer combo. These two are like Batman and Robin, or coffee and donuts—they just make sense together. So, the next time you’re staring at your charts, remember: Trust in the ORB, let VWAP be your guide, and don’t forget to laugh at the market’s little quirks and use the news as your catalysts. Because at the end of the day, trading should be fun, profitable, and maybe just a little bit magical.
Now go forth and conquer those charts, my fellow traders! 🚀 Deno Trading in and out!
Key stores of value over economic history: SP500 vs GoldWhen the pandemic shocked markets in 2020, the Fed quickly printed trillions of dollars (while purchasing bonds to support corporations and the government). As the U.S central bank’s balance sheet surged, so did the broad money supply in close parallel with stock markets and gold prices.
Unlike the Fed’s intervention during the Great Financial Crisis — plus a similarly unprecedented fiscal expansion — consumer prices spiked at the fastest pace since the 1970’s. Since 2019 (and even as far back as 1971 when the U.S. broke the dollar’s tie to gold), both gold and especially the S&P 500 have been reliable “stores of value.”
Since around 1970, both gold and the S&P 500 (which looks even more impressive accounting for dividends) are up nearly 7,000% versus a dollar designed to lose value every year. Granted there have also been several harrowing drawdowns for both the S&P 500 and gold. Meanwhile, consumer prices are up *only* 700% since the dollar lost its golden luster.
If history is any guide… It leaves us with a simple framework for wealth preservation: If you work hard to earn $10,000, don’t let it decay under your metaphorical mattress for multiple decades thereafter. Gold and the S&P 500 have historically been reliable assets to preserve wealth. However, timing is greatly important as well.
Opening (IRA): SPX Oct 18th -5590P/Nov 15th 5590P Calendar... for a 30.15 debit.
Comments: Opening a calendar here at or near ATH's and in (fairly) low IV.
Selling the front month 40 delta put and buying the back month same strike put. I'm indicating that the setup is bearish, but it's starting as basically neutral from a delta standpoint with the metrics being .08 long delta/13.22 theta, but will benefit from movement into the put strikes, as well as any accompanying IV expansion that occurs.
Peak profitability of this setup generally occurs when the stock price falls to the strikes near the expiration of the short option, but calculating the max profit is impossible due to the expiration of the short put leg before the long put leg coupled with any rolls of the short put that might be undertaken to reduce cost basis of the setup. Conversely, max loss starts out as what you paid to get filled for the setup, but you'll generally have a few rolling opportunities of the short put to reduce cost basis further in the event that it doesn't hit your take profit before the short put reaches expiration.
Here, I'll look to money/take/run at 10% of what I put it on for and look to roll out the front month on approaching worthless to the following week to reduce cost basis in the setup.
SPX500 Bullish Bias!SPX500 went down and
Made a retest of a horizontal
Support level of 5595.23
And as it is a strong level we
Will be expecting a local
Bullish rebound!
SPX forming a top?US500 - 24h expiry
Levels above 5630 continue to attract sellers.
The 161.8% Fibonacci extension is located at 5544 from 5650 to 5585.
Bespoke support is located at 5540.
Selling spikes offers good risk/reward.
Economic figures could adversley affect the short term technical picture.
We look to Sell at 5630 (stop at 5665)
Our profit targets will be 5540 and 5470
Resistance: 5630 / 5650 / 5680
Support: 5545 / 5540 / 5470
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.
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SPX versus Money Supply, impacts on gold, silver and oilOBJECTIVE AND UNBIASED ANALYSIS.
There never was a bull era for #gold, #silver or #crudeoil until the #Spx broke down versus #moneysupply.
This has not happened yet.
SP500 : Bearish : Similar patterns with the pastLook carefully at April 2005, October 2007 and Today. A "Sell Off" of 20% took place. History does not usually repeat itself, but in trading the phenomenon of cyclicals exists. It's just AMAZING! What do you think?!
In addition, the levels indicated are achievable in the medium term, 2-3 months;
In recent days, this is what happened at the macroeconomic level:
1-Jackson Hole
Result: No big impact on the markets: Dow Jones or techs.
2-NVIDIA long awaited:
Result: The action disappointed and went down
Minus 9.86% in total after closing and yesterday minus 6.38%.
Cause: Delay in the delivery of new chips, among others...
Will NVIDIA always explode the ceilings, while the competition arrives: AMD, GOOGLE, etc... with more efficient chips that do not heat up.
Technically the markets are OVERBOUGHT
so a return to the 38.2% or 50% of Fibonacci would be perfect for sellers, but also for buyers who would like to buy at a lower price!
I remind you that in trading we buy the bottoms and we sell the peaks!
Analysis of the S&P Index by the Mallicast TeamThe S&P Index, as one of the most important indices in global financial markets, has always attracted the attention of many investors and analysts. In recent periods, this index has experienced a significant upward trend; however, it has not yet been able to surpass its previous high. Nonetheless, technical and fundamental analyses suggest that the S&P Index may soon break through this ceiling and reach new levels. According to forecasts, this index is likely to reach a price of 6124 points. Such a move could indicate economic strength and high investor confidence in the market. Additionally, this upward movement could be seen as a sign of improving economic conditions and strengthening the profitability of major companies included in this index.
Analysis of the S&P Index by the Mallicast TeamThe S&P Index, as one of the most important indices in global financial markets, has always attracted the attention of many investors and analysts. In recent periods, this index has experienced a significant upward trend; however, it has not yet been able to surpass its previous high. Nonetheless, technical and fundamental analyses suggest that the S&P Index may soon break through this ceiling and reach new levels. According to forecasts, this index is likely to reach a price of 6124 points. Such a move could indicate economic strength and high investor confidence in the market. Additionally, this upward movement could be seen as a sign of improving economic conditions and strengthening the profitability of major companies included in this index.
S&P500 NeoWave IdeaP 500 NeoWave Idea: A Potential Elliott Wave Analysis
Disclaimer: While Elliott Wave Theory can provide valuable insights, it's essential to remember that it's a subjective analysis tool, and market movements can be unpredictable. Always conduct thorough research and consider multiple factors before making investment decisions.
SPX trendlines from back in 1929 - Crash?Simple remakable trendlines back from the 1929 peak. Is there a major resistance in the S&P500 and stock markets?
S&P500 v USD since 2008. Cheap dollar guarantees stock expansionThis is a cross chart analysis between the S&P500 index (SPX) and the U.S. Dollar Index (DXY) since the 2008 Housing Crisis. Ahead of widely anticipated Fed rate cut next month, it is useful to see how the Dollar has impacted from its perspective the stock market on a multi-year basis.
As you can see, the DXY has been trading within a Channel Up since the 2009 Housing Crisis bottom. At the moment it is under the Resistance of the Lower Highs trend-line (dashed) and a rate cut should apply even stronger selling pressure and keep it under. There is still some wayt to go until it hits the bottom of the Channel Up again.
We believe that the stock market is at the point where it finishes the recovery phase (blue Arc) and will enter the expansion phase (green Channel Up), at the beginning of next year. As a result, a rate cut and as a matter of fact a series of rate cuts by the Fed, will do wonders on S&P500, giving investors steady long-term opportunities to buy low and sell high within a strictured Channel.
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Next months up or down?If tomorrow forming Dragonfly Doji probably we will see long bearish. If tomorrow forming nice hammer then going up.
S&P500 Sets a new target for 2024Logic; Reacent correction with pessimism created more energy for the bulls
We are in 'C' wave of final blow up, 6100 is reachable before nov'24
Happy BULLS
Bulls and Bears zone for 08-29-2024S&P is trying to rally during ETH session.
Any test of yesterday's High could provide direction for the day.
Level to watch: 5626 ---5624
Reports to watch:
Pending Home Sales Index 10 AM ET
EIA Natural Gas Report 10:30 AM ET
End of the Era for S&P?Higher degree waves have been plotted here.
Are we in the distribution area now?
This is question we need to find the answer for.
Regards
SPX500 Local Short!SPX500 has hit a horizontal
Resistance level of 5637.19
And we are already seeing a
Bearish reaction so we will
Be expecting a further
Bearish correction !
S&P 500 Set for Downward Trend as Investors Eye Economic DataStocks Rise Before the Open as Investors Await U.S. Economic Data
S&P 500 Technical Analysis:
The price recently Rejected its support zone and has subsequently rebounded, indicating a potential retest.
The current outlook suggests that as long as the price remains below 5620, a bearish trend is likely to develop, to 5584. A break below this level could trigger a more substantial bearish move.
Conversely, if the price stabilizes above 5620, it may rise to 5644, and sustaining above 5644 could lead to a move towards an all-time high (ATH).
Today's GDP data release is anticipated to have a negative impact on the indices if the figures do not meet expectations.
Key Levels:
Pivot Line: 5620
Resistance Levels: 5644, 5675, 5709
Support Levels: 5584, 5525, 5491
Expected Trading Range for Today: The price is likely to fluctuate between 5644 and 5525.
Trend: Downward Movement
US500 - SWING SHORT ideaPrice made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
Record Money Funds: Wall Street Breathes CautionMoney funds have reached an all-time high of $6.24 trillion in assets, evidencing investor caution in the face of an uncertain economic environment. Despite recommendations to rotate into longer duration bonds due to impending interest rate cuts by the Federal Reserve, many investors and companies are keeping their capital in money market funds for safety, with 60% of this capital coming from corporate treasuries that avoid investing in capex due to uncertainty.
In the US, the market is closely following the release of second quarter GDP, a crucial piece of data that could directly impact the performance of the S&P 500, which has recently shown volatility. Losses on Wall Street continue, with the S&P 500 closing the last session down 0.6%, reflecting the uncertainty dominating the market. The current highs are at 5,672.72 points, while the most recent price closed at 5,581.63 points. The checkpoint is at 5,473.73 points, and the relative strength index (RSI) indicates slight overbought at 56.51%. Today, jobless claims data and statements from FOMC members are expected, which could influence investors' expectations and the future direction of the S&P 500. If the index manages to please investors we could see a further piercing of the current high, if this does not happen it is possible that the price will fall back to the POC zone which coincides with the range that has formed since early June.
Meanwhile, in Europe, the Eurogroup will meet to assess the continent's economic situation, and any statement could alter the perception of economic stability. Meanwhile, cryptocurrencies remain highly volatile, and gold and coffee futures continue to move noticeably. This overall picture keeps investors in a defensive posture, seeking safe havens while closely watching every piece of economic and financial data that could influence global markets. With the previous day's positive closing of the main European markets the CAC40, DAX, IBEX35, FTSE MIB and EUROSTOXX50 except for the FTSE 100 which closed with losses.
Ion Jauregui - ActivTrades Analyst
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SPX Just about to start the bear.Looking at the day we are as bearish as we can begin to be.
pay attention to what happens next.
