US500FU trade ideas
05/05 SPX Weekly Playbook - GEX Zone Outlook🔮 What-If Scenarios for This Week – Based on GEX Structure until Firday
Last week’s market momentum pushed the S&P 500 up by almost 3%, effectively erasing the price gap left behind on Liberation Day. The index also strung together nine straight days of gains—something we haven’t seen since late 2004.
Meanwhile, implied volatility dropped significantly, with the VIX touching its lowest level since the holiday, falling to around 22.5.
Several factors seem to have fueled this bullish tone, including a more measured approach from Trump on trade policies and strong quarterly results from major tech names like Microsoft and Meta.
Still, the nature of the buying raises questions—was this a thoughtful rotation, or just a broad sweep of optimism?
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🔄 Chop Zone: 5650 – 5670 (wide transition zone)
🔹 Gamma Flip: 5615
🔺 Key Call Wall: 5725 (5800 potential shift)
🔻 Key Put Wall: 5500 (5400 major support below)
🔼 Upside Path
IF > 5670 → transition cleared →
➡️ 5700 stall / reaction
IF > 5725 → call wall breached →
➡️ Path to 5750 / 5775 → stall at 5800 (largest net call OI)
IF > 5800 → gamma resistance breaks down →
➡️ 5825/5850 zone opens up
🔽 Downside Path
IF < 5615 → gamma flip triggered →
➡️ 5500 = battle zone (massive put wall + high negative GEX)
IF < 5500 → negative gamma squeeze likely →
➡️ Stall zone: 5450 → flush to 5400
IF < 5400 → high-volatility regime →
➡️ Possible acceleration to 5375 / 5340 depending on IV spike
⚖️ Neutral Setup
IF 5650–5670 holds → dealer hedging = balanced →
➡️ Ideal for non-directional spreads / theta plays
➡️ Wait for breakout confirmation above 5670 or below 5615
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🔍 Final Thoughts
We’ve seen a sharp rally since the Trump trade war scare, with barely any meaningful pullback. The market appears to be looking for one—as a breath. Based on current GEX positioning, there’s significantly more downside hedging than upside, especially in the mid-term May expirations.
That doesn’t necessarily mean we crash—but it does mean that moves lower can accelerate faster, while upward breakouts may require more energy or time. In this environment, consider:
Bearish or neutral spreads (put debit spreads, call credit spreads)
Volatility-based strategies
Avoiding naked upside trades unless we see a strong reclaim of 5725+
Stay safe and adapt—GEX doesn’t tell direction, but it does tell where the fire might start, beacuse of reflexting to hedging activity.
S&P500 Analysis 12-May-25 Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
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Recession? Weak. Let's Do a DepressionS&P pulled a fast one — but the real show might be just warming up.
Markets tease, bounce, tempt. And then — they punish.
After a sharp rebound, S&P500 is still below 6,150, with weak volumes. The recent rally looks more like a bear trap than a new impulse.
Trading note:
Possible short entries can be considered from current levels, with 50% now, 25% near 6,000, and 25% at 6,100. Stop-loss only after 4H close above 6,150. No clean levels below that — only noise and traps.
This market isn't about fundamentals. It's about desperation. Participants are chasing returns in a shrinking pie, taking on absurd risks.
And now, buckle up:
We are entering what might be the most dramatic market weeks in decades. This is setting up to be a mega-short, folks. Get ready for turbulence. Fasten your seatbelts.
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Important:
This is NOT a recommendation to trade. This is an extremely high-risk scenario shared for discussion purposes only. If you've already made such a mistake and entered, respect your money and risk management. Losses are much harder to recover than gains.
S&P 500 Index May Lose Upward MomentumS&P 500 Index May Lose Upward Momentum
Yesterday’s inflation data release held no major surprises, as the actual Consumer Price Index (CPI) figures came in close to analysts’ forecasts.
According to Forex Factory:
→ Annual CPI: actual = 2.3%, forecast = 2.4%, previous = 2.4%;
→ Monthly Core CPI: actual = 0.2%, forecast = 0.3%, previous = 0.1%.
Overall, stock indices rose yesterday, but according to media reports, this momentum may begin to slow in the near future:
→ UBS analysts downgraded their rating on US equities from “attractive” to “neutral” following the recovery from early April lows;
→ Goldman Sachs analysts believe that the US stock market rally could stall at current levels. In their view, the S&P 500 (US SPX 500 mini on FXOpen) is likely to reach 5900 over the next three months.
Technical Analysis of the E-Mini S&P 500 Chart
The chart provides more reasons to suggest that the current pace of growth may begin to slow.
Firstly, the index has entered a broad range between 5800 and 6120, where it spent a prolonged period during late 2024 and early 2025. This is a zone (highlighted in purple) where supply and demand previously reached a stable equilibrium — and similar balance could potentially emerge again.
Secondly:
→ the slope of the current upward channel (marked in black) appears excessively steep;
→ the RSI indicator points to a divergence;
→ the psychological level of 6000 may act as resistance.
Given the above, special attention should be paid to the scenario in which the S&P 500 (US SPX 500 mini on FXOpen) forms a short-term correction before the end of the month.
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.
US500 bearish 12 May - 16 May 2025S&P 500 Bearish Outlook: Targeting $5,100 Amid Rising Uncertainty
As of May 12, 2025, the S&P 500 (US500) stands at 5,661, reflecting a robust recovery from its April lows. However, I anticipate a bearish shift, projecting a decline towards the $5,100 level in the near term. Several converging factors underpin this outlook:
1. Anticipated Weakness in Core CPI Data
The upcoming release of the April Core Consumer Price Index (CPI) on May 13 is poised to be a pivotal event. While the year-over-year Core CPI is forecasted at 2.8%, matching the previous month's figure, the month-over-month increase is expected to rise to 0.3%, up from 0.1% in March. This acceleration suggests persistent inflationary pressures, potentially prompting the Federal Reserve to maintain or even tighten monetary policy, thereby exerting downward pressure on equities.
2. Deteriorating Market Sentiment and Forecasts
A notable shift in market sentiment is evident, with key indicators turning bearish. A prominent S&P 500 model has signaled its first bearish outlook since February 2022, reflecting growing investor apprehension. Additionally, leading financial institutions have revised their S&P 500 targets downward:
Goldman Sachs: Reduced from 6,500 to 5,700
RBC Capital Markets: Lowered from 6,600 to 5,500
Oppenheimer: Cut from 7,100 to 5,950
Yardeni Research: Adjusted from 7,000 to 6,000
These revisions underscore the mounting concerns over economic headwinds and market volatility.
3. Sectoral Divergence: Opportunities Amidst the Downturn
While the broader market faces challenges, certain sectors may exhibit resilience or even bullish tendencies:
Healthcare: Continues to serve as a defensive sector, with companies demonstrating solid quarterly results and reaffirming full-year guidance despite tariff impacts.
Energy Infrastructure: Firms like Enbridge and TC Energy benefit from long-term structural tailwinds, including rising energy demand and global energy security priorities.
Financials and Technology: Sectors represented by ETFs such as XLK and XLF are highlighted for their strong fundamentals and growth prospects.
Conversely, consumer discretionary sectors are showing signs of strain, with negative revenue surprises and companies like Harley-Davidson withdrawing their 2025 outlooks amid tariff uncertainties.
4. Implications of the US-UK Trade Deal
Recent developments in the US-UK trade agreement further contribute to market uncertainty. While the deal includes exemptions for certain British goods, such as aerospace components and a quota of 100,000 UK-made cars annually, it also maintains a baseline 10% tariff on foreign goods. This policy introduces complexity and potential cost pressures for multinational companies operating across borders.
Moreover, the agreement has faced criticism for being one-sided, with concerns that it may not adequately protect domestic industries or address broader trade imbalances. Such apprehensions can dampen investor confidence and contribute to market volatility.
The convergence of persistent inflation, cautious monetary policy, revised market forecasts, and the complexities introduced by recent trade agreements suggest a bearish trajectory for the S&P 500, with a potential decline towards $5,100. Investors should remain vigilant, monitoring sector-specific developments and macroeconomic indicators to navigate the evolving market landscape.
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.
Quick preview 5-13The Market is still 50+ points from the Bollinger Band, now that it's moved up. However, we're in a channel and a breakdown of the channel may be significant. Trend is still up and the bias is as well. If we are to break below the 200 ma and the 18 weekly, bears would have to step in very soon. Otherwise we will continue to push up.
S&P 500 - Sell in May, return anther day. The truth - 2025No doubt everyone has heard a variation of the phrase:
“Sell in May, return another day.”
In Wikipedia it is written:
“Sell in May and go away is an investment strategy for stocks based on a theory (sometimes known as the Halloween indicator) that the period from November to April inclusive has significantly stronger stock market growth on average than the other months. In such strategies, stock holdings are sold or minimised at about the start of May and the proceeds held in cash”
A public comment from last year:
“Over 100 years ago, the (practical) reason to sell in May and September, was to pay seasonal workers to seed the field (May) and to harvest (September). Caravans of landlords and farm owners went to New York to sell stocks and withdrew money from the banks to do payrolls
so for people without agricultural business, i'll say it's okay to hold in May”
If we are to take all this at face value then we should be unwinding our long term positions until the Autumn?
What does the chart say?
On the above monthly chart of the S&P 500 each vertical line marks the month of May going back to 2012. That is a dataset of 13 points.
The facts:
1) From the month of May onwards, 11 from 13 periods returned positive price action of not less than 10%. Selling in May was a bad choice.
2) 2015 and 2022 saw corrections of 15% from May onwards. However in both examples the correction was erased within 12 months as the index continued the uptrend.
In summary, 86% of the time a minimum return of 10% was seen before the year end. Amazing odds.
Furthermore, corrections up and until the end of April (like we’re now seeing) represented some of the best long opportunities.
Sell in May go away? I suggest it should be: Buy in June and watch it boom!
Ww
SNP500/EquitiesThe current macroeconomic backdrop, shaped by the Federal Reserve’s decision to hold interest rates steady at 4.25%–4.50%, highlights growing concerns over economic risks, particularly stemming from trade tensions and inflationary pressures triggered by tariffs. Despite a strong April jobs report, the Fed is signaling increased caution, warning that the risks of both higher inflation and higher unemployment have risen. Treasury yields are reflecting this shift in sentiment, with the 2-year yield falling to 3.76% and the 10-year yield at 4.29%, suggesting that markets are beginning to price in a slower growth environment and potential future rate cuts.
In this environment, real estate investments are proving resilient. The Real Estate Select Sector SPDR Fund (XLRE) is up +3.14% year-to-date, outperforming broader equity indices such as the S&P 500 (SPX), down –4.69%, and the Nasdaq 100 (NDX), down –6.19%. Real estate typically benefits from a stable or declining interest rate environment, as lower yields reduce the discount rate applied to property cash flows and enhance the appeal of steady income-generating assets like REITs. Additionally, real estate assets—especially in sectors like multi-family housing and industrial logistics—can provide some inflation protection through lease repricing and consistent demand.
By contrast, the broader equity markets are showing signs of strain. The S&P 500 and Nasdaq have delivered negative returns year-to-date, reflecting investor unease around earnings growth, margin pressures from tariffs, and general macroeconomic uncertainty. Defensive equity sectors are faring better—Financials (XLF) are up +2.75%, and Consumer Staples and Health Care are showing modest gains. Technology and cyclical sectors such as Materials (XLB –0.39%) and Energy (XLE –0.30%) are underperforming, indicating a rotation into safer assets. The VIX (Volatility Index) at 24.72 confirms heightened risk aversion among investors.
Given this backdrop, a prudent portfolio strategy for the next three to six months would prioritize capital preservation, income generation, and inflation protection. A recommended tactical allocation might include 30–35% in real estate, leveraging XLRE and potentially private REITs in stable segments. Allocating 25–30% to defensive equity sectors, such as financials and consumer staples, can provide exposure to more stable earnings. Exposure to high-beta sectors like technology should be limited to 10–15%, given continued volatility and valuation risks. Holding 20–25% in cash or short-term Treasuries provides flexibility, especially with yields still elevated, while a 5–10% allocation to alternatives such as gold (XAUUSD +28.90% YTD) or inflation-protected securities like TIPs adds a useful macro hedge.
Looking forward, real estate is likely to remain attractive if the Fed maintains a dovish tilt or initiates rate cuts later in the year. Sectors with strong fundamentals, such as housing and logistics, should continue to perform well. Equities, however, are expected to remain volatile, with upside capped unless trade uncertainty is resolved or corporate earnings show resilience. Investors should favor value-oriented, dividend-paying stocks with lower volatility. Meanwhile, the U.S. dollar may soften gradually as rate expectations fall and inflation hedges rise in importance, further supporting real asset classes.
The final rally or the beginning of hyper-inflation? This is an ascending wedge, (65% chance of a break to the downside statistically,) that the S&P500 has been trading in for it's entire life cycle. All historical data points to a final topping process as market makers head back for the top trend to liquidate short positions that took positions on the last plunge.
The former sell-off showed no signs of big money taking full exit from the market as it was quite gradual; allowing short positions to stack at back tests of key resistance areas. Therefore, it stands to reason that the oversold daily RSI was going to allow for a powerful bounce to catch shorts off guard. The market will not sell off largely until shorts have capitulated as exchanges and banks load up for a final rally to completely remove those positions and sell new highs. when this happens, there will be no gradual dump but, instead, a red waterfall with news about hyperbolic, impending disasters coming out after the largest institutions push the sell button.
Breaking that top trend on the 3 month logarithmic chart would be a first in market history and denote hyper-inflation followed by the coming crash being even more violent then anyone believes is possible. It is a good time to start scaling out of the market little by little.
Bullish S&P500The S&P 500 is showing strong behavior again today, which suggests investors remain optimistic about the market's overall direction.
That said, the price is starting to look overextended from the 10 EMA and is now touching the Bollinger Bands. This usually signals that a pullback is likely, even if it's just a minor one to the 10 EMA. Of course, we can never predict exactly how the market will move—but when that pullback happens, it often brings better entry opportunities on individual stocks, helping us position ourselves more effectively.
As always, remember that trading carries risk. Be mindful with your entries and apply solid risk and money management to protect your capital and avoid being wiped out by unexpected market moves.
$SPX / $SPY - Decision point reached at resistanceWhilst SP:SPX is looking healthier above its MAs, it printed a swing failure pattern (SFP) on the daily into the prior support (now resistance zone) which aligns with a swing symmetry from the news swing in early April. Price is sitting on the 61.8 fib, and is also rejecting the 100 EMA.
If shorts want to take charge, this is the place to do it.
STOCKS | MARKET WATCH | Why Long-Term Investing Still Wins🤯 The start of 2025 was a bit of a rollercoaster for stocks.
Global markets got seriously rattled in the first few months by some sudden jitters. When President Trump announced those aggressive tariffs, it caused significant concern among investors, sending stock markets tumbling and prompting a flight to safety. Like Reuters said, April was "epic" for crazy market swings – the VIX fear index shot up to levels we hadn't seen since 2020 and 2008, and then just as quickly dropped back down. Markets went wild.
But then, by late April, the panic kind of ... disappeared. Once President Trump paused the implementation of the most severe tariffs, stocks bounced back pretty sharply. The S&P 500 recovered most of what it lost. After that nasty drop, it ended April only about 5% lower than it started the year. The Nasdaq, with all its tech stocks, pretty much ended the month where it began. So, after all that drama, major US stock markets weren't far from their all-time highs, showing how fast that "fear" can vanish.
📊 How key indexes did
S&P 500 (USA): 📉 Dipped in early April but bounced back late. Ended April around -5% for the year, after almost hitting a bear market.
Nasdaq Composite (USA): 📉 Similar story. Tanked on the tariff scare, then rallied when things calmed down, ending April pretty much flat for the year.
MSCI World (Global developed markets): 🤷♂️ Had its ups and downs along with the US markets. By the end of April, it was pretty much flat for the year – no big moves for the overall world index.
MSCI Emerging Markets: 📉 Didn't do as well as developed markets. Asian stocks, especially, took a hit early April because of trade war worries, so this index lagged, even though it recovered a bit by the end of the month.
FTSE/JSE All-Share (South Africa): 🇿🇦 The odd one out! The JSE jumped about +5% in the first three months of 2025, mainly thanks to mining stocks. It even hit a record high in March. The April craziness shook it up too, but because it did so well earlier, it was still slightly up for the year by late April.
Takeaway? Global stocks were jumpy, but they mostly recovered. By late April, most major indexes were close to where they started the year. South Africa's market was the exception, having a good first quarter that helped it weather the April storm.
⏳ Staying invested beats trying to be a stock Wizard
All this back and forth can make investors nervous. You start thinking, "Should I just sell now before it drops even more?" But history usually says that's the wrong move. Just sticking with it usually works out better than trying to guess the market's next move. BlackRock's iShares recently pointed out that "waiting for the 'right time' to invest might mean missing out on the best days," while staying invested lets you benefit from that "compounding" thing and get through the short-term bumps. Simply put, if you sit on the sidelines during big swings, you often miss the big rebound days. One study even showed that if you missed just the five best market days over 20 years, you'd end up with way less money than someone who just stayed in the market.
The legendary investor Charlie Munger put it simply: "The first rule of compounding: never interrupt it unnecessarily." Trying to jump in and out of the market around all the volatility is super tough – the biggest up days often follow right after the biggest down days. On the other hand, patient investors who just ride out the noise tend to grab more of those long-term gains. After all, with compounding, those small gains build on each other over time.
💰 The awesome power of compounding over time
Compounding basically means the sooner you invest and the longer you stay invested, the more your returns build on each other like a snowball rolling downhill. For example, the total return JSE All-Share index was up almost 23% over the last year. That kind of gain shows how just staying invested during good times can really grow your wealth. If you'd panicked and pulled out, you would have missed most of that growth. Over longer periods, like 5 to 10 years, the JSE has almost always gone up. The big lesson is that it's about "time in the market," not trying to "time the market," that really makes your returns grow and smooths out those bumps along the way.
🌍 What's driving the markets and the economy
There were a few big things happening that explain why the markets moved the way they did.
🇺🇸 US GDP Slowdown: The US economy actually shrank a bit in the first quarter of 2025. A lot of people blamed this on a big surge in imports as businesses bought stuff ahead of those potential President Trump tariffs. Even though this news spooked the stock market briefly in late April, underlying consumer spending was still looking pretty decent.
📈 US Company Profits: On the bright side, US companies reported some pretty strong profits. Analysts were expecting good growth in earnings for the S&P 500 in the first quarter, even with the economic slowdown. And it turned out even better – a lot of companies beat expectations, and overall earnings were up quite a bit from last year. This helped keep stock prices from falling too much during the pullbacks.
🇪🇺 European Spending Boost: In Europe, governments are starting to spend more. Germany, for example, proposed a huge fund for infrastructure and energy. The EU is also loosening its spending rules and increasing defense budgets. Some experts think this could actually boost Europe's economic growth a bit each year, which would mean better profits for European companies. Some even think European companies might see faster profit growth than US companies in the next few years because of this spending.
🇨🇳 Asia and Trade Wars: Asia was the weak spot. China's economy showed some signs of trouble, with a survey suggesting its manufacturing activity might have shrunk in April after a couple of months of growth. This seemed to be a direct result of the US tariffs. Asian stock markets took a hit on the tariff news, which dragged down the overall emerging markets index. Basically, tariffs and trade tensions hurt growth in Asia and its markets, which then affected returns in emerging markets globally.
✅ The bottom line
Early 2025 reminded us that markets can freak out quickly – but they can often bounce back just as fast. The swings felt scary, but history tells us that just sticking with your investments usually pays off. Major stock markets are pretty much where they were a few months ago, while economies and company earnings are still moving forward. For long-term investors, that wild week in April just reinforced an old lesson: stay invested and let compounding do its thing. As some experts say, "get invested and stay invested" because the most volatile times often have the biggest market gains. By sticking to your plan, you avoid missing those big up days when the "fear" fades and markets recover.
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SP:SPX
Sources: Recent market reports and data including the April SATRIX 2025 market newsletter “Once Again, Volatility Blinked and Fear Lost., nasdaq.com, reuters.com, ishares.com, insight.factset.com, reuters.com, iol.co.za
Down for SPX500USDHi traders,
Last week SPX500USD did not close below the Daily FVG and broke the Weekly FVG. Now the trend has changed to bullish but price is moving very slow. This could indicate a leading diagonal (wave 1).
So next week we could see a (corrective) move down from the Daily FVG above.
Let's see what the market does and react.
Trade idea: Wait for price come into the Daily FVG above and a change in orderflow to bearish, a small impulse wave down and a small correction up on a lower timeframe to trade (short term) shorts.
If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
SPX500 local top at 5700? Serious retrace could hit 5500SPX back to its "Liberation Day" highs and possible end of local wave.
Local 4.236 fib at 5700.72 may have marked end of this wave up.
Dip targets include the various green fibs but major target 5505.42
Green Zone below is a MUST HOLD or we return to Bear Markets.
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Previous Charts below
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Major TOP call:
Liberation Day top call:
Tariff Relief road map:
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Hellena | SPX500 (4H): LONG to resistance area of 5682.Colleagues, I think that the deep downward movement is over and at the moment I expect an upward movement in a five-wave impulse. At the moment I expect a correction in wave “2” to the area of 5100, after which I expect the development of wave “3” at least to the resistance area of 5682.
There are two possible ways to enter the position:
1) Market entry
2) Pending Limit Orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Market has shifted to a lower rising channel. Correction dueI believe the market has discounted the tariff effect and now shifted to a lower channel.
If that is the case, then a normal correction of 5% is imminent, as it encounters multiple resistance trendlines. The inflation (CPI) numbers on 13 May could be a catalyst
Tag ‘n Turn → Bear Mode EngagedV-Shape Reversal Confirms Short Bias
You ever see a setup pull a fakeout, tease a breakout, then pivot perfectly back into your system?
That was yesterday.
The Tag ‘n Turn gave us another clean swing exit off the upper Bollinger Band, and while I was ready to defer the next entry, a tidy little V-shaped reversal handed us the confirmation we needed. We’re back bearish. Levels are set. Now we let the market do its thing.
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SPX Market View
Let’s unpack the sequence.
Price ran up into the upper Bollinger Band and triggered the final legs of our overnight swings. That was the cash-out point – system clean, profits booked.
But I wasn’t diving into the next setup just yet.
Why?
Because it looked like the start of a Bollinger breakout – the kind that breaks the pinch and rips higher. So I paused. Waited.
Then came the V-shaped reversal – clear as day within 2 hours.
Entry happened late in the day, around the same level the mechanical Tag ‘n Turn would have fired. No edge lost. Just added confirmation.
Now? The system is officially bearish again, with a firm rejection at highs and a sharp drive lower that flipped the tone of the day and the bias on the chart.
Today’s key levels:
5620 = GEX flip zone
Also where we bounced up post-FOMC
5680 = resistance zone – could mark today’s top
We’re back in the pre-FOMC chop zone.
The plan:
Bearish until price tells us otherwise
Hedge levels marked
No chase
Wait for price to hit our zone
Let the system print
Expert Insights:
Jumping the gun on reversals – wait for structure, not assumptions.
Chasing breakouts too early – pinch points often fake before they break.
Skipping levels – 5620 and 5680 matter. Mark them or risk regret.
Overmanaging overnight trades – exits were planned. Trust the system.
Forcing direction changes – confirmation > prediction. The system knows.
Satirical cartoon showing confirmation over prediction.
Rumour Has It…
Word is the SPX reversal was caused by a rogue intern at the Fed who mistook the breakout chart for a bowl of ramen and tried to stir it with a mouse. After rebooting TradingView, they accidentally submitted a bearish policy note to Bloomberg. The market reversed out of pure confusion.
This is entirely made-up satire. Probably!
Breaking scoops courtesy of the Financial Nuts Newswire-because who needs sanity?
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Fun Fact
The term “V-shaped reversal” originated in early floor trading days when chalkboard analysts would literally sketch a V on the board as a real-time note to floor brokers. That visual shorthand became one of the most recognized intraday patterns in trading – a pattern that still works in a world of tickers, bots, and zero-DTE.
Moment of Truth for the S&P and Overall MarketsSeeing quite a significant Head and Shoulders pattern form now.
We've had a strong rally back up after the plunge.
Now we are testing the 50d SMA.
If we can't hold above this, things could get really bad.
If this Head and Shoulders sees follow through to the downside, we could be seeing a very significant bear market over the next year or so.
Critical point here!!!