SPX against Monetary policyThis gives another perspective, this time based on price action against monetary policy! As we move towards a looser monetary policy, with rate cuts, expansion of money supply and wait for itโฆ.QE, we can see the market having a lot of room to runโฆ Longby Macro-Traders-Strategies224
Phase D? US500 - ESIn todays market, it seems that the marke might potentially be making phase D at macro. However, C's projection is already reached but at macro it still has room for movement. Potential exits on lime lines. PEPPERSTONE:US500 by XMONCAYOX80
All symbol ideas share weeklyUpdate randomly, DXY, EUR, JPY, GBP, CHF, CAD, AUD etc... 04:27by dennyroyy3210
S&P 500 -CROSS THROUGH THE BOX3 Weeks: Note that S&P Close Below the sma and made what is called Cross through the Box (Fake Out)... On 7 days nice 1-2 RTM, hence expecting Retracement and TP at the 3 Weeks previous High Longby Jeremiah_Capital1
Buying and Selling area SPX500Hi ! Buying and Selling area SPX500 OANDA:SPX500USD by LONG_BITUpdated 2
SPx / Futures Maintain Bullish Trend as Market Awaits Futures Steady Ahead of Key Inflation Report The price has advanced, successfully reaching our target, with momentum still driving toward 5,491 and 5,525. Bullish Scenario: As long as the price trades above 5,460, the bullish trend is expected to continue toward 5,491 and 5,525. Bearish Scenario: Stability below 5,458, confirmed by a 4-hour candle close, could support a decline towards 5,409 and potentially further to 5,372. *Key Levels: - Pivot Line: 5,458 - Resistance Levels: 5491, 5525, 5584 - Support Levels: 5409, 5372, 5320 Today's Expected Trading Range: The price is anticipated to fluctuate between 5,409 and 5,525. Tendency: Bullish momentum Longby SroshMayi6
SNP500 / SPX ๐ SPX Analysis: Navigating the Upcoming Market Movements ๐ The SPX chart presents key dates that traders should focus on: September 18, 2024 & December 3, 2024 & February 3, 2025 - Green Lines: These dates indicate potential local lows. These could offer strategic opportunities for accumulating positions as the market is likely to bounce back from these points. November 11, 2024 & March 10, 2025 - Red Lines: These dates are projected to be local peaks. Traders should consider taking profits around these times, as the market could face resistance or start to decline. Currently, the SPX is in a downtrend, with a potential reversal expected around September 18, 2024. This could be an optimal point for re-entering the market or adding to existing positions. #SPX #StockMarket #MarketAnalysis #Trading #Investing #S&P500Shortby trushkovskiy0
S&P 500 BUY ANALYSIS Here on S&P 500 price has been going uptrend and now form a support around level of 5425.8 so is likely to continue going up and expected profit target is around level of 5588.8 . Use money managementLongby FrankFx142
SPX500,,, defeat of resistance The chart has received to the resistance zone. In my idea, passing of this area could be start of a new uptrend. Totally market is emotional these days and every prediction can be failed easily. The negative aspect of the market is that very high and low is formed by moving of big caps. I will be convinced if i see a good confirmation above 5500 for getting new buying positions. Longby pardis6
SP500 AnalysisPrice has been buying since unemployment news last Thursday August 8th, which was the catalyst to begin the move to get buyers back in markets. Breaking last weeks high on Monday still moving. Wednesday was choppy but still saw the Dump and Pump set up after Cpi News that tricked out sellers and quickly went to the topside. Price can go either way. Looking to see price run up to 5494 and wait for a sell confirmation around there. Check out my Profile for more info!! Good Luck!. Risk Management First!by MrVizions_4210
S&P500 from the Elliot Wave perspective, BEAR should continueFrom EW perspective, it's at the a-b-c correction for the wave B now, means next possible movement is to the downside to complete it's wave C. However the B could possibly extended to the next fibo levels, i just opened my partial sell from this level and i am looking for average sell if the price goes higher. CHEERS!Shortby steveivan4
Double Fibo 5395Coincidence of 0.50 retracement from ATH drop and 0.62 of last selloff leg both smack on at 5395. Got 5371 today, so close, Iran surprised us, again. PPI, CPI prints coming this week, Tues and Weds. Any further disappointment > big dump. Be Real Carefull about Longs!Shortby DaddySawbucksUpdated 1110
SPY/QQQ Plan Your Trade For 8-14 : SPY 8 Day ForecastAt the request of one of my followers, he asked what to expect going forward into next week for his swing trading efforts. That is one of the great things about my SPY Cycle Patterns - they can assist in "what may happen" if we consider them somewhat accurate and reflect future price bar characteristics. So, to help him and others, I looked at the rest of this week and next week to highlight what I believe is the most logical outcome for the SPY for the next eight trading days. I will warn you that my expectations may not efficiently represent price range (or price target objectives). I've learned that I may expect price to move to a level or area and watch it move well beyond my expected target levels. So, be aware that price may rally or contract well beyond the levels I'm showing on this chart. What should be somewhat accurate is the SPY Cycle Pattern prediction of how price will react each day. I find these Cycle Patterns to be about 75-85% accurate as long as some outside news or crisis event drives prices in some panic trend. That said, here is an outline of what I expect to see happen over the next 8+ days on the SPY. I hope you enjoy it. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long16:03by BradMatheny2
Is this all just a range based butterfly? The rally over the last days has been impressive but the structure of the two parabolic legs and choppiness in the middle is consistent with a bearish harmonic. This gives us a real decision point here. Harmonics can be highly accurate in forecasting major moves. If this is a successful harmonic, the implied forecast of it would be a move down to 4660. In a strong smooth style. On a move of this scale, that would usually mean bad news to drive it. Failure of the harmonic as a reversal pattern strong tilts bias towards 5650. But if this is just a bull trap - this must just be the top of it. Shortby holeyprofit7747
S&P500 Inflation below 3% 1st time since 2021! Must the FED cut?The U.S. Consumer Price Index (CPI) was reported today below 3% for the first time since April 13 2021! This means that Inflation (red trend-line) is getting closer to the Fed's desired benchmark, coming in contrast with the fears of an economic slowdown last week. On today's S&P500 (SPX) analysis we examine the effect of an Inflation drop on the market. As you can see, the sudden drop on the Inflation Rate in mid-2022 was followed by a sideways trend in the past year (since July 2023). This is not the first time we see such consolidation after a strong decline. In fact, the most similar pattern to today's is the post August 2012 consolidation on Inflation. The similarities don't stop there. As this chart is our well-known 'S&P500 +10 year Cheatsheet' which we have published in the past and updated numerous times, we can see that the index has most likely entered the 2nd phase (green Rectangle) of its cyclical expansion (Channel Up), that tends to lead to a cooling Bear Phase in the form of a Megaphone. The current 1W RSI pattern is also similar to post 2013. As a result, we expect the index to resume the uptrend and even hit 6900 at least as it will be a +95.84% rise (similar to 2011 - 2014). Regarding the Fed, and whether or not they should cut the interest rates in September, we believe that this will be welcomed, especially on a 1 year basis, as it will stimulate the economy with inflation getting as close to the Fed's target as possible. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ 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. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot101040
SPX500 Will Go Down! SPX500 is going up To retest a strong horizontal Resistance level of 5401.12 And as the indces is in the Downtrend we are bearish biased So after the retest we will be Expecting a bearish continuation !Shortby kacim_elloittUpdated 131350
S&P Bearish case - Multi year shows risk of top / market crash?Please see chart notes I am wrong if we get a blow off top back up and over the top of channel but if it falls back then this long term chart works. Its tough to get out at the top unless you are hedged now Market crashes typically come in late aug / Sep / Oct so just be careful out there We have not dropped back recently to test the Weekly 200 EMA for a long time, even longer for a big set back. May be relatively better to go to Gold as it showing strength. If you are aggressive move into an inverse hedge fund like XXX - Inverse Nasdaq Tech etc Other Index confirmation: DJIA also has a top against channel / Japan looks in trouble / India looks like end of banana and China has broken down already. Sentiment indicators compared with times just before crashes are mostly higher signaling worst case now than they were before prior crashes I want to be long but need to be very cautious now due to late Aug / Sep / Oct potential crash with all this JPYUSD carry trade unwinding it could reveal further risk off / have a deeper issueShortby William_Playfair1
S&P 500 Update: Entered a Long Position TodayToday, I entered a long position on the S&P 500. The reason? We hit the take profit target earlier this week, which justifies a counter-trend trade back to the weekly central pivot. Timing is key, and with this setup, the potential for a strong move back to the pivot makes it a solid opportunity. Letโs see how this plays out! Stay tuned for more updates and happy trading! ๐นLongby Mike_SnDUpdated 116
SPX Crash On The Way? We Will Know SoonSPX is at a critical junction How price handles this region will determine if we head significantly lower...soon Or head to one more high and then head significantly lower by Heartbeat_Trading2
SP500 1D | UpdateAfter closing above the dark blue box as I expected, price reached the purple box and the pMO area. If it fails to reclaim this area, the $5,300 level and lower regions could be tested again. Happy Tradingby thenurixx0
SPX - Quick Update (08/14/2024)SPX did have an uptrending day yesterday and we're now positioned. Managing risk is an important part of the game and I don't recommend taking risky trades. If you are in this for the long haul (and you should be!), then you need to be able to understand what managing risk is. Let me take a moment to explain something. I was a heavy buyer back on August 5th on the massive dive. Now all of those assets are up significantly. NVDA is up 20% from where I bought it. CRWD was a beaten down stock that I picked up and it's almost up almost 20% as well. My short positions, in a bull market, are to hedge against my long positions. Only risk what you're willing to lose and when you enter a trade, understand that the money you're putting at risk may go away. If your trade is invalidated, cut the loss and move on, but don't keep trying over and over again, otherwise you'll be trying to short the market like many did in Q2-Q4 2020. Two daily closes above the 61.8 invalidates this trade and I'll retreat on my hedge, while still keeping the gains from all my equity positions. Take it one day at a time with a methodical approach and don't rush it. You'll be glad you waited for the right trade. Have a great day everyone!Short04:58by bitdoctor4
Main Focus List REview EXT 8-14-24Going over our Main focus list EXT times looking for trading setups and opportunities 10 Minutes09:37by BobbyS8130
CPI Report in Focus: Futures Steady, Key Levels to WatchFutures Steady Ahead of Key Inflation Report The price has pushed up and reached our target successfully, with momentum still aiming for 5,460 and 5,491. Todayโs CPI report is expected to significantly impact market movements. Bullish Scenario: The price is likely to attempt reaching 5,460, with further movement depending on the CPI result. If the CPI comes in below 3.00%, this could drive the price higher. Bearish Scenario: A CPI reading of 3.00% or higher could trigger a decline, with the price potentially falling to 5,409 and 5,372. Key Levels: - Pivot Line: 5,460 - Resistance Levels: 5491, 5539, 5584 - Support Levels: 5409, 5,72, 5320 Today's Expected Trading Range: The price is anticipated to fluctuate between 5,372 and 5,491. previous idea: Shortby SroshMayi8