S&P500 (SPX500): Classic Bullish ReversalThe 📈SPX500 showed strong support at a horizontal demand area on the 4-hour chart. A clear rejection and the formation of a cup and handle pattern suggest that buyers will likely drive prices up. The target levels to watch for are 5,418 and 5,481.Longby linofx18816
SPX: cancelled recessionFear of recession was one of the major drivers behind the US equity market's significant drop two weeks ago, however, Monday brought a change in the mood. The markets started to be relaxed that the recession time is still not on the schedule of the US economy, and that they might continue with an optimistic view on future earnings. Still, something has changed in terms that many investors are currently more precautious when returning to the equity market is in question. Analysts are currently revisiting their projections, in which sense, BCA is projecting that the S&P 500 might reach 3.750 by 2025 amid slowdown in the world economy and collapse of the carry trade in the Yen. At the same time analysts from Wells Fargo noted to investors “buy stocks, not the stock market”, remaining with a forecasted 5.535 for the S&P 500 as of the end of this year. The S&P 500 performed in a strong manner during the week, with a move from 5.130 points up to 5.344 as of the end of the week, gaining around 4% for the week. Although it sounds like a huge weekly gain, it should be taken into consideration that previously, the index lost 10% from its recent all time highest level. The tech companies were again the ones which led the market to the upside. META was up by 5% on Friday, while pharmaceutical Eli Lilly was trading higher by 11%, due to revised earnings to the upside till the end of this year. Although the recession is cancelled for the moment, still, some precaution in further anticipation of the S&P 500 moves to the upside should be taken with precaution. by XBTFX8
Is this a SELL SIGNAL for S&P 500 this week???Technical speaking, we have predicted that last week, the s&p 500 might started to rebound, since we've seen three to four bearish candles before trend reversal in the past pullbacks, and last week was the forth candle of this pullback. And it just moved as we've predicted. And for now, the price is still rebounding from overall bearish market. So this week, we might pay close attention to the ending signal of this rebound, for example, the price be rejected by the resistance of previous low. Key macroeconomic dates include the U.S. releasing the July PPI on August 13, the July CPI on August 14, and the so-called "dreaded" July retail sales data on August 15. Also, Japan will release its Q2 GDP, likely stirring the pot again with yen carry trades. In political news, the latest Financial Times poll shows Harris with a 1% lead over Trump in the presidential race. I think from economic reports to the election, all could drive more volatility in U.S. stocks. Investors should keep a close eye on market movements and manage their risks accordingly. Shortby xugina781
Nsp 500I research nasdaq 500 and in conclusion the twitch are just way to complicated it need to be simplify by a robot not just some ai.Longby stewypunk331
SPX: Possible Completion of Wave 1After further analysis, I believe we have completed larger Wave 1 down and have began Wave 2 up. The reason for my change of my opinion is the current prices have surpassed the 0.382 retracement for which wave 4 should reject and begin Wave 5. I see Wave 4 of larger wave 1 ended on Aug 7 and wave 5 of larger Wave 1 ended later that same day. If we are in larger wave 2, expect a full Wave 2 to complete at the 0.618 retracement of wave 1 at 5490. This target aligns well with the resistance we saw the last week of July. At that point, we will begin wave 1 of larger Wave 3 down.by FiboTrader12
SPX long term buy SPX is showing a bullish setup on the weekly chart which can be interesting for long term traders that like to hold positions almost forgetting about them risking a little bit more. If you have any questions feel free to text me and I will answer as soon as possible Longby tommasomariacomini111
S7P500 IDEATIONMy Perspective on the S&P500 looking at previous pullbacks and trend direction. Seem quite straight forwardby DeaconCheese30881
Think the S&P can't go lower?The S&P trades well above the 50MA weekly, potentially overbought. Price action could work ifs way below the 200 MA. The risk to reward ratio may lead investors away from stocks and into bonds in favor of less but more assurable returns. Stocks have been all the rage since 2008 finacial collapse. The tide may have finally turned due to tight monetary policy by the Federal Reserve (i.e. no more low interest rates). TLDR - Investors are going to be risk averse by turtlebuster115
US500 MUTIPLE BREADTH CHARTSPX500 chart with 20/50/200 breadth indictors This tool is used to determine percentage of stocks above or below respective moving averages for relavant instrument by simtrader19a2
SPX - Decision Time - ATH or 5000?This coming week will be big. I see us hitting my Target 2 (5400) maybe Monday or Tuesday. we have PPI on Tuesday and Inflation on Wednesday which should send us onto target 3. Will it be ATH or as I'm leaning towards go down near the April low around 5000 where the 200DMA is sitting. I think it wants to tag the 200DMA before moving higher... Bad inflation this week could do it. We are also in Mercury Retrograde.. Which is usually negative in markets although we already dropped a lot. Plus we are also still in a bear new moon for another week.. so there is two negatives plus it looks like a nice bear flag is forming. What do you think? Heading to ATH or go down near 5K first then ATH? Shortby TheUniverse618446
Massive Sentiment Swing (Bears vs Bulls Royal Rumble)Many traders were looking for answers this week. What just happened? The quick summary is the JPY carry trade was quickly unwinding and as the Nikkei 225 was dumping with the largest 2 day move (EVER) the JPY volatility increased. On top of that, the FED didn't cut rates in July (as expected) and elected to punt to September (with likely 25 bps cut forecasted). Unfortunately, Thursday Unemployment Claims were higher and Friday's Non-Farm was a massive whiff. This triggered concerns that the FED is now behind the curve and the economy is heading into a recession (Sahm Rule is undefeated as a predictor). Key takeaways from me this week - VIX made the 2nd largest single day spike (Friday to Monday), and 24 hrs later made the 1st largest single day retreat (Monday to Tuesday). As I explain in the video, eerily similar volatility event like we saw in 2017 into January 2018. History rhymes and 2017/2018 were very different economic times compared to today. The week ahead is a bit lighter on US earnings, but key news is PPI and CPI (Tue and Wed prints). I'll be watching the key equilibrium levels to see who gets the upper hand. Do bears attempt to push price lower and re-test the lows? Do bulls continue to rip after the outlier cleanse and we're back to all-time highs before the election or end of year? We'll find out. I'll be watching and trading and doing my best. Thanks for watching!!!29:47by ChrisPulver0
SPX ,,where to??it looks like we are hitting back to 5257!!! are we forming a head and shoulder pattern!Shortby saeedthubaiti112
Something wicked this way comesYou are looking at the end of an age. Wave 1-2 The Great depression. Wave 3-4 flat correction and represents the .com bubble and GFC. The next decade will be tough. Welcome the AI eraShortby MartyG-OD448
SP500 new ath before collapseSP:SPX Last time we dropped 35% on covid pandemic Now we have a correction 27% its more than enough Last impulse up till 2025 November can be in a range 5500 - 6200 Take profit and exit line on my custom indicator, all lines are dynamic Before we will see new trigger and end of 18 year property cycle Than we will see big correction to 3200-3000 "Buy line" on my custom indicator Based on my second indicator Market Mood we already 3 times passed white zone on indicator which called disbelief zone when the best time accumulate crypto, indexes, etc Last impulse will be slowly but surely and will end on euphoria before disaster conflict between USA and China, hunger, new pandemic. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! by Crypto4lightUpdated 3
S&P 500 Daily Chart Analysis For Week of Aug 9, 2024Technical Analysis and Outlook: The S&P 500 Index displayed severe downward movement during the current week's trading session as we blasted through Key Sup 5238 and completed our long-time flagged target, Inner Index Dip 5131. The resilient rebound occurs, and the current market price action rests at Mean Res 5345. The likelihood of interim downward pressure toward the Mean Support at 5280 exists before the index resumes its upward trajectory. However, the prevailing price action suggests a sustained uptrend toward the Inner Interim Index Rally 5443, possibly extending to Mean Res 5525. However, these attained targets are likely to exert downward pressure.by TradeSelecter2
170$ target for silver? Good morning everybody. 170$ target for silver? Read below and see how it is possible. I have not shown you this in a while, this is how macro cycles work for silver bull eras. 1) Spx breaks down priced in silver 2) Spx enters bear market with failed recoveries 3) Spx continues to depreciated priced in silver 4) Spx finally breaks out and enters a new bull era That last step is when silver peaks. Higher spx is before rolling over, higher silver price will be when it peaks. We aren't at step 1 yet! A repeat of 2000s run from here has a 170$ price tag attached to silver. #spx #silver #gold #cycles #maco #marketsby Badcharts4
SPX support become resistance test, monitoring 54505122 become strong support with next support 4850 and 4762 if 5122 broken let see 5450 retestLongby salvanost0
SPX are we bullish or bearish? The S&P 500 closed the weekly firmly. Finally putting in a high volume reversal, has the SPX bottomed here? One thing is for sure we are still putting in higher highs & higher lows on the weekly time frame. Until we see the markets give us that lower weekly high its still a tough market to short. We think about the decline in semis and megacaps after earnings...all eyes will be on NvDA near end of month. The markets have a strong chance at staying buoyamt into NVDA earnings. 04:11by Trading-Capital0
SP500 - 1W - DOWN - SHSsp500 1W - DOWN H&S - HCH Everything points to the SP500 having a lot to correct. It is a time bomb about to explode and will affect all markets. Also the crypto market... It is possible that the BTC correction has not yet concluded. We will have to be very attentive to what happens because the dominoes can fall one after another.Shortby DeuXfi3
SPX 5600 BY FALL 2024 ?SP:SPX Economic Resilience: Despite various challenges, the U.S. economy has shown remarkable resilience. If this trend continues, it could support higher stock prices. Normalization of Interest Rates: The Federal Reserve’s normalization of interest rates, rather than aggressive tightening, could create a favorable environment for equities. If inflation continues to fall closer to the Fed’s 2% target, it might only require modest rate cuts. Consumer Spending Power: Consumers have maintained strong purchasing power, supported by high job security and a robust labor market. This continued consumption can drive corporate earnings higher. Big Tech Leadership: Big Tech companies have consistently delivered strong earnings and have been a significant driver of the S&P 500’s performance. Their growth prospects, particularly in areas like AI, remain strong. Earnings Growth: Analysts project solid earnings growth for the S&P 500, with estimates suggesting a significant increase in earnings per share (EPS) for 2024. Valuation Multiples: The valuation multiples for Big Tech and other sectors are seen as reasonable given their growth prospects. This supports higher price targets for the index. Historical Trends: Historical performance patterns, especially in presidential election years, suggest that the S&P 500 could see gains.Longby NYRUNSGLOBAL0
SPX1. SPX Bear Pennant. 2. Short everything. 3. Panic coming in US Stocks Today and Monday.Shortby PistolPeteno1226
Just look for what is outperforming the S&P 500The market started to rotate in early July to more conservative sectors and AMEX:DBA is showing that agricultural commodities have been outperforming stocks. The ratio SP:SPX / AMEX:DBA made a lower high starting August and then just days later broke a key support level. Then the AMEX:DBA broke above a downward trendline. Is this the start of new trend? At least it is in the short term. The are some stocks in the food industry that are looking good like NYSE:TSN and $INGR. Even NYSE:PPT is doing all time highs after a 20-year base!Longby dpuleo190