SPX500 OutlookPAIR: Bullish Outlook: SPX500 has been breaking into new highs on our Weekly, Daily, and 4hr time frame. Price has made a nice valid pullback, we now need a valid-engulfing-pattern while staying above the 50ema. Keeping an eye on this Longby angelvalentinx2
What's S&P500 & Why Needs a Price CorrectionThe S&P 500 (Standard & Poor's 500) is a stock market index that tracks the performance of 500 of the largest publicly traded companies in the United States. It is widely regarded as one of the best indicators of the overall health of the U.S. stock market and the economy. The companies included in the index span a wide range of industries, including technology, healthcare, financials, and consumer goods, among others. The index is weighted by market capitalization, meaning larger companies have a greater impact on the index's performance. Why SP500 needs a Price Correction? A price correction occurs when the value of a stock or a market index, like the S&P 500, declines by a certain percentage, typically 10% or more, after a sustained period of upward movement. Corrections are a natural part of market cycles and can happen for several reasons. Here are a few reasons why stocks may need to go down in order to make a correction: 1. Overvaluation: When stocks become overvalued relative to their earnings, assets, or growth potential, a correction helps realign prices with their intrinsic value. Investors may have driven prices too high due to speculation or overly optimistic expectations, and a correction brings valuations back to more reasonable levels. 2. Market Euphoria and Excessive Risk-Taking: When the market experiences excessive optimism, driven by factors like low-interest rates, easy access to capital, or speculative trading, it can lead to inflated stock prices. A correction serves as a reality check, reducing excessive risk-taking and bringing prices back to sustainable levels. 3. Economic Slowdown or Uncertainty: Economic indicators like GDP growth, unemployment rates, or consumer spending can signal a slowdown. If the economy is weakening, companies may struggle to meet earnings expectations, leading to lower stock prices. A correction allows the market to adjust to a new economic reality. 4. Interest Rate Changes: Rising interest rates make borrowing more expensive and reduce corporate profits, which can lead to a market correction. Higher rates also make bonds more attractive relative to stocks, prompting investors to reallocate their portfolios, leading to downward pressure on stock prices. 5. Profit-Taking by Investors: After a strong market rally, investors may start taking profits, especially if they believe prices have peaked. This selling pressure can lead to a correction as stock prices adjust to lower levels. Conclusion Corrections are a necessary and healthy part of the market cycle, helping to prevent bubbles from forming and ensuring that stock prices reflect the underlying fundamentals of companies and the economy. Although corrections can be unsettling for investors, they often create buying opportunities and contribute to the long-term stability of the market.Shortby MiguelFTCurado333
SPX, Smaller time frame ViewIn my previous post on SPX, I have already share longer time frame view and i'm bullish on it. On a shorter timeframe, I feel the correction might be over in wave iv. We might head higher and make ATH in days to come. Kindly note, this is not a financial advise. I don't trade in options or futures, and don't recommend the same. Lets see how it plays out. Kindly like, subscribe and share if you like this idea. :)Longby coding_thoughts3
S&p500 There is weakness in the trend; however, it still has one final upward wave before entering a strong corrective phase.by Fares-egy222
SPX | Strongest Bearish Action Since 2022We are likely witnessing the very beginning, the start of the most dramatic crash since the year 2022. This will be the most steep, fast and brutal correction in several years. Don't get me wrong. I am not trying to scare anybody nor create panic, just sharing a simple truth based on data coming from the chart. Based on market cycle, price dynamics and TA experience. ➢ The SPX is about to resume its corrective phase. The three weeks up is called a "pull-back," a natural market "reaction," an "inverted correction," a "bounce," and so on. The thing is that this isn't an actual bullish move but the correction of a bearish move. Since this correction is over, the initial bearish move that started mid-July will resume. ➢ Basics, basics, basics. We have a lower high, this will lead to a lower low. ➢ Believe it or not, cry or scream, it doesn't matter... Down we go! ➢ Prepare for the crash. You have plenty of time. Thanks a lot for your support. Namaste.Shortby AlanSantana262662
sp500 Analysis 8_22Price rallied to Previous Days high and collapsed. News was a catalyst pushing price down with the bears. Heading towards previous days lows and targeting mondays.Shortby MrVizions_4211
S&P 500 Index SPX To Rally FurtherThe S&P 500 index SPX is just 50 points away from breaching the previous all-time high. The minutes of the Fed’s July 30-31 meeting, released Wednesday, said the “vast majority” of policymakers “observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.” Traders had already considered it a certainty that the Fed will announce its first interest rate cut in four years when it meets in mid-September. SPX next targets: 5680 - 5825.Longby AlyaAkram1
The S&P 500 Index Approaches Historic HighThe S&P 500 Index Approaches Historic High On 2 August, we analysed the S&P 500 (US SPX 500 mini on FXOpen) chart, where we: → Constructed an ascending channel A-B with a median line shown as a dotted line; → Highlighted the risk of a bearish breakout (as indicated by the red arrow). Since then: → The price dropped by more than 5% to the 5 August low, doubling the width of the A-B channel towards point C – the B line became the median of a wider channel. The index's decline was driven by recession fears, based on weak US labour market data; → However, the price then began to recover from the lower boundary of the wider channel, indicating that recession fears have subsided and the rally continues; → The price has now returned close to historical highs. Yesterday, the minutes from the FOMC meeting on 30-31 July were released, revealing that the vast majority of participants noted that if data continues to align with expectations, it might be appropriate to ease policy at the next meeting. The S&P 500 (US SPX 500 mini on FXOpen) index remained largely unchanged on this news – this indicates market participants' belief that interest rates will likely be cut in September, which would stimulate economic growth, company performance, and stock indices. Technical analysis of the S&P 500 (US SPX 500 mini on FXOpen) chart today shows that: → On 7-8 August, bears attempted to resume the downward trend but failed; → In mid-August, price action made the trendlines shown in purple relevant; → On 15 August, the B line was confidently broken (indicated by the blue arrow); → The dotted line is showing signs of resistance. Thus, it is reasonable to assume that bulls have regained control of the market after the sharp decline in the S&P 500 (US SPX 500 mini on FXOpen) in early August. If the sentiment remains unchanged, we could see attempts to reach a new historical high. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. by FXOpen229
S&P 500 / It's beginning to look a lot like rate cutsIt's beginning to look a lot like rate cuts S&P 500 Technical Analysis The price is currently consolidating between 5620 and 5675, awaiting a breakout. Bullish Scenario: Stability above 5620 means will touch 5642 and above it 5672 Bearish Scenario: If the price remains below 5620, it could lead to a corrective move down to 5584. Key Levels: - Pivot Line: 5620 - Resistance Lines: 5642, 5675, 5700 - Support Lines: 5584, 5553, 5525 Today's Expected Trading Range: The price is expected to fluctuate between 5584 and 5675. Trend: Bullish momentum Longby SroshMayi5
SPX. Heavy short after Unemployment Claims News? 22/August/24SPX500 will reach ATH again? Maybe today US Unemployment Claims data will give us an answer? Although US government have "announced" that don't be "shocked/shorted" as this time "the calculation" of US Unemployment Claims is "difference" than before..Shortby SteveTan331
The best trade can sometime be no trade!There’s a time to sit on your hands. Sometimes the best trade idea is to simply turn off the monitor, pack away your pens and paper, and go relax for a long weekend. (UK Bank Holiday Weekend) I am always long on US stocks; however, sometimes the market gets into a position when the risk to reward is not there. I look to follow market momentum, ideally early momentum. Yes, there has been a lot of momentum since the 'JPY carry unwind' at the start of August, and S&P500 has shown us momentum. Momentum usually comes in three stages: Early momentum: the best time to enter. High momentum: high RR trades. Stretched momentum: be cautious. Trading with momentum will always yield a higher RR, in my opinion, and my trade thesis is still in play. So why stay flat? Jackson Hole Symposium! Usually, I’m chilled with economic releases, but this event’s making me take a step back for a few days. In its most simplistic form, I believe the market is front running this event, less than 1% from ATH, a major level plus approaching short term stretched momentum. The general assumption being that Fed Chair Powell will give the market what it wants, some warm words implying rate cuts. = liquidity and cheap money = buy everything. This is good, right? Well, yes and no. Long-term, it’s great. Shorter term ‘buy the rumour, sell the fact’ is not great. The potential good news may be capped; what else can he say that the market hasn’t priced in? However, if JP is dovish or signals some caution, there could be a bigger pullback, skewing the RR on a trade. Remember, the market moves in ebbs and flows . A quick visual look at the chart shows, SPX, doesn’t stretch too far from the 20 SMA before pulling back. Avoid trading into major levels ! One of my rules. I’ll be waiting for a clean break above 5675, SPX to pullback, and then looking for new momentum. OR a sharp correction, and again, wait for early momentum after the pullback. Avoid FOMO, have your rules, and be confident. If the market moves 5% without me, so be it. I’ll wait for a pullback! Look for high-probability trades and avoid the stress of low probability. Keep trading simple. Keep macro simpler. by SACT_CAPITAL4
biggest CRASH IN HISTORY !!!!!!!!!!!!!we are trading to a very close rage to the top of this whole market the crash will be to these prices, but it may extend to more than 80 % crash if the wave B passed the Top THIS IS THE OVERVIEW AND NEED SOME TIME . Shortby llchartistll221
Buy using probabilityThe way probability distribution works is most common the result - higher the result on the bell curve and rare events are on the bottom of curve. On strong markets, prices rarely ever sit still at pivotal levels like 200dma or high VIX. Here we also saw higher lows, market only had two directions (crash or bull). If you know how markets work (or the drivers) this was a high probability entry. Sometimes accumulating VIX points to pressure building up and steam is being taken out from markets? "Prices are result of Supply-Demand dynamics". I would argue that big players benefit from buying low and defending peaks (as they got nothing to lose). would argue they lose by not buying low. This is a theoretical idea to give you perspective on strategy?by citsvar0
S&P 500 Index (SPX) Analysis: Key Levels and Expectations.SP:SPX My Take: Looking at the 4-hour chart of the S&P 500 Index, it's clear that we're approaching a critical juncture. The price recently rallied up to the $5,630 - $5,655 resistance zone, which has been a significant barrier in the past. However, this level has proven to be tough for the bulls to break through, and we're now seeing signs of potential exhaustion. Key Levels: Resistance: $5,620 - $5,630: This is the zone where the price is currently facing resistance. It’s a crucial area to watch because a failure to break above it could result in a pullback. Support: $5,480 - $5,440: If we see a rejection from the current resistance, I'm expecting the price to retrace towards this support zone. This area has acted as a strong floor in the past, and it's likely where buyers might step in again. Trendline Support: The upward trendline, originating from the lows earlier this year, is still intact. This trendline could provide additional support around the $5,280 level if the price breaks through the aforementioned support zone. Expectations: Pullback Potential: Given the current price action, I wouldn’t be surprised to see a pullback from this resistance zone. The first area I'll be watching for potential support is the $5,480 - $5,440 zone. A break below this could bring us down to test the trendline around $5,280. Continuation of the Uptrend: If the bulls manage to push through the $5,620 - $5,630 resistance zone, we could see a continuation of the uptrend with a possible target towards $5,700 and beyond. But for now, I’m leaning towards the possibility of a short-term pullback before any further upside. Food for Thoughts: Right now, I’m closely watching how the price reacts around this resistance zone. A pullback could offer a good buying opportunity, especially if it holds above the $5,480 - $5,440 support area. On the other hand, a strong breakout above $5,630 would signal that the bulls are in control and could push the market to new highs. Stay tuned for more updates as the situation develops! Happy Trading from Deno Trading!by Deno_Trading4
indices expected movement Indices expected movement based on elliot wave mapping method and corellation with market dynamic. im using the timing also in a mapping to sycncro all the movement .Longby BudakNakalAcademy0
SPX - Historical View vs Current ViewSlightly longer video today. If you're not interested in the historical view, you can start roughly half way through. The SPX is certainly starting to show even more signs that we're in a phase where something is ending. On higher timeframes, there are potentially several more years ahead of upside, and trying to catch tops can be a fools game, so take great care if you are hedging positions. The 50 DAY SIMPLE MOVING AVERAGE (SMA) is the key here. We found support on that in late July, then broke down in early August and we broke the 100 day SMA as well. This showed significant signs of weakness, however we made several tests of that 100 day moving average and broke above it. It appeared we would also break back down when we approached that 50 day SMA, but the very next day, there was a significant gap that was formed. Gap and go - so far we've continued moving up from there. Yesterday was the first red day in 6 trading days and we've basically been trending up ever since the bottom on August 5th. As long as we keep trading above that 50 day SMA,I think generally speaking markets will continue to climb a bit. IF we break through new all-time-highs, the next logical target would be about 5900, which I would expect significant resistance as that is a highly anticipated algo target from a fibonacci extension standpoint as well as a nice round psychological number. One day at a time. Have a great day. :-)Long07:44by bitdoctor5
SP500 Analysis 8_21Price is looking to try and reach previous day highs but is struggling. Looking for shorts below 5600 level to take to Monday sell side liquidity. Bulls have been pushing price higher last 2 days. will see what happens around 10 am. Good luck trading. Risk Mngt. Check my profile for more info.Shortby MrVizions_421221
S&P500 Ends 8-Day Streak as Markets Eye Fed Minutes Jackson HoleS&P 500 Snaps 8-Day Win Streak Ahead of Fed Minutes and Jackson Hole Uncertainty Market Reversal: Wall Street reversed course Tuesday, breaking recent winning streaks. Fed Minutes: The Federal Reserve will release minutes from its last meeting, where rates were held but future cuts hinted Jackson Hole: This week's Jackson Hole event could further shake up markets. S&P 500 Technical Analysis The price is currently consolidating between 5,584 and 5,620, awaiting a breakout. Bullish Scenario: If the price stabilizes above 5,620, confirmed by a 4-hour candle close, it could rise further toward 5,676. Bearish Scenario: If the price remains below 5584, it could lead to a corrective move down to 5525. Key Levels: - Pivot Line: 5584 - Resistance Lines: 5642, 5675, 5700 - Support Lines: 5553, 5525, 5491 Today's Expected Trading Range: The price is expected to fluctuate between 5525 and 5,675. Trend: Bullish momentum with potential correction.Longby SroshMayi8
S&P500 This is how it will reach 6000.The S&P500 index (SPX) has recovered almost all of its losses since its July 16 All Time High (ATH), firmly establishing again itself above the 1D MA50 (blue trend-line), which is the usual short-term Support level during uptrends. The underlying pattern is a Channel Up and every time the index breaks above a former Resistance level (such as the current ATH), it consolidates for a few days and retests it as a Support, before starting the next wave of the Bullish Leg. As a result, we expect the index to break above 5670 soon and then turn sideways, sustained above it for 1-2 weeks. By the end of October we are targeting for a 6000 Higher High at the top of the long-term Channel Up pattern. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot2223
SP500 MAJOR RECESSION COMING...The unemployment rate has been steadily rising for the past year, which as seen on the comparison regularly precedes major economic downturn. Shortby rtlustymen4413
SPX500 BULLISH-Looking for buys on a 4HR +OB. - First we need sell side to be taken out before or around 9:00am NYC time. - Then on a 1mins to 5mins chart we want to see Sell PDRAYS being violented - After that any MSS formed within 1mins to 5mins chart we take buysLongby cloudy_Blank_1
The analysis of the US500 index by the Mallicast team In the analysis of the US500 on the daily timeframe, the upward trend can potentially continue up to the level of 6139.60. However, after reaching the price of 5665.6, a correction towards the 0.5 Fibonacci level is possible, and following that, the upward trend is expected to resume.Longby mallicast1
S&P 500 Potential Resistance $5618.74 21.08.2024 Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby Stuart_Cowell0