SPX Aiming Lower LowsHi there,
The S&P 500 has pushed below the significant resistance level of 5821.54, with an immediate target at 5370.17 before reaching major support around the 5218 region. We could potentially see a further drop to 4500, with 4719.87 on the way.
It will require monitoring, and the bias is at 4026.79.
Happy Trading,
K.
Not trading advice
USSP500CFD trade ideas
Logarithmic channelsThe price has reached a support area at the bottom of the long-term logarithmic channel. If this area will not hold the price I see a possible spike to 5330 level which is 1.618 retracement of March 13 bottom - March 25 top. The price did the same retracement in October 2023. Pay attention that we have 1d positive divergence forming on RSI. We are bottoming, a crash is unlikely right now. The reversal will most likely happen this week.
SP500 may have already hit the low In the video I have shown an interesting relationship between past crashes on SP500 which shows we might have already hit the low are very close to it before we start next major rally.
Note: Even though the relationship I have shown holds true so far doesn't Guarantee it will in future as well as all patterns no matter how convincing get invalidated at some point.
Do not panic. Let's look for opportunity.Don't panic. Let's try to find the opportunity here. Let this be a place free of fear p0rn.
Yes, we bounced, but as you can see - we bounced at a perfectly logical place.
IF we go lower, where MIGHT the bottom be? Where might we get a major bounce? Let's assume this is something "historic". What I have indicated in the chart would be a crash worse than COVID, but not AS BAD as the Global Financial Crisis.
Take the long-term support (going back to GFC) and extend it out. Take the PRE-COVID high and extend it out. This may be an important coordinate, and even if we touch either of the lines, I would expect some bounce.
Let's see how it plays out.
STICK TO YOUR STRATEGY. Don't panic!
SPX500 – Nailed the Drop, Now Time to Fly?We’ve been calling for a decline—and the market delivered exactly as forecasted.
✅ 100% accuracy on the previous moves.
Now the structure is shifting, and signs are pointing to a strong rebound.
Wave count, momentum, and price action all align for the next bullish leg.
Time to flip the script. See you on the other side. 📈
SPX WEEKLY SUPPORTIn this chart, you can see the weekly volume supports and the key support points for each bounce and buy. We have not yet completed the weekly selling to determine the distribution
Potential Targets:
August 2023 Volume Area – ~5,076
2020 COVID Lows / Support Zone – ~4,370
2016 Trump Tariffs Level – ~3,641
2008 Financial Crisis Support – ~2,308
Look there is our bottom :)I loved my title :) haha if you're reading this: I intrigued you! And I made you read it. ☺️ thankyou!
Ok, This is what I think about why we might be near the bottom.
The 200 EMA on a weekly scale has been a very selective indicator to indicate this. Above, you can see how the chart touches the candle when the market is oversold (as indicated by RSI below). You can see that it repeats itself in sharp, spike-like, and short-term decline: marked by the yellow circles on the chart.
And finally, the volume indicates, with blue dot lines, the high and medium volume levels. There's no hay below. And we just entered HIGH :) This is going to get even more interesting... and sharp 😜 ✌🏼
So here’s what I’m doing: Not Panicking.This analysis is provided by Eden Bradfeld at BlackBull Research.
Listen, the US has survived the depression of WWI, the Great Depression, the depression of WWII, oil shocks, the dot com bubble, the GFC, the COVID-sell off. It’ll likely survive this.
In the scope of history, that $1 survived very well indeed. Panicking and running for the hills does not do so well. Winston Churchill was a great and flawed man but a terrible investor; he bought and sold shares prior to the 1929 crash in such speculative investments as mining companies, railways, and so on — most of them lost money (hence why Churchill continued to write at such a pace — to fund his Champagne-and-spec stock lifestyle). Hetty Green, on the other hand, (known as the “Queen of Wall Street”, managed to do very well her time — her quote?
I buy when things are low and no one wants them. I keep them until they go up, and people are crazy to get them.
Now, that’s something I can get behind.
Nobody wanted Meta a few years ago. I wrote an internal memo, close to its plummet in ‘22 (it got to $99 or so a share!). I wrote this:
ii) Yet what if we were to tell about about a company with this set of heuristics? Let’s call it “Company A”
Company A has a 31% return on equity and a 20% return on capital.
It has a net income margin of 37% and a FCF margin of 21%
Its income has a compounded annual growth rate over the last 5 years of 41%
If we add in numbers, now, let’s say the net income for 2020 was $29 billion, and $10 billion of that was used to repurchase stock from shareholders?
Let’s say the unlevered FCF is around $6 billion per quarter, and let’s say the debt to equity ratio is about 9x.
In other words, Company A is grows at a quick clip, and has done sustainably for the majority of its life. Its return on capital and return on equity would make any investor happy. Its FCF is an absolute machine.
Would you buy Company A?
Company A was Meta . You would’ve roughly made 4x or 5x’d your money if you’d bought around then. The point is, the fundamentals of a business matter, and right now there a quite a few exceptional businesses with good fundamentals trading at a good price. Alphabet (Google) trades at ~16x earnings. LVMH trades at ~18x earnings. And so on. Brown-Forman trades at ~15x earnings. These are all “inevitables” — Google will continue to be a dominant advertising platform, LVMH will continue to sell luxury, and Brown-Forman will continue to sell Jack Daniel’s and so on.
I talked to my ma in the weekend. She is not really a share person. Her portfolio is a bunch of “inevitables”. It’s done very well. She said “aren’t you worried about this stock market?”, and I said “You love supermarket shopping, Mum. If you see something at a 25% discount you buy it. You come home, and you’re delighted that you found some mince on special²”
She was like, “oh, that makes sense”.
The problem is you have a lot of people looking at charts and catching worry that the world will end. The world, I am delighted to say, has a magnificent disposition to carry on.
The SPX On Track To A New All-Time High In 2025 (6,958— Soon!)Do not let anybody distract you, do not allow yourself to be deceived. Know that the market is very resilient and this has been true for the longest time ever. The catastrophe that everybody is always expecting and is always due is never true. Ok, there was a correction, but that's it, from now on the market grows. That's just how it works.
Very, very strong bull markets, and the bear markets weak and short.
The S&P 500 Index (SPX) looks great right now and nothing can surpass the wisdom that comes from a chart. A chart cannot lie nor can mislead you in any way.
The charts have pure raw data, you can make your own interpretation of this data but there are no mistakes.
Here the chart shows a very strong higher low. The 0.5 Fib. retracement level was tested and it holds. Now, saying a "new All-Time High" might be speculation, but saying that prices will rise is simply how technical analysis works.
A low first pierced 0.5 and challenged 0.618 fib. The candle closed above and full green, the highest volume since 2010 and that is a clear signal that the correction reached its end.
The SPX is bullish now of course.
The next week we get a red week and this led to the present day, a higher low. A higher low is bullish and notice, the 0.618 level is no longer relevant. The correction that happened was really strong, there is absolutely no need for more.
So a strong correction developed and what comes next?
Prepare for a major rise, a new impulsive bullish wave.
The minimum target starts at 5,665. This is the resistance where the drop got started, this level needs to be tested based on TA. Depending on how this level is handled, we can extract how the market will continue to behave.
» I will make a prediction, the SPX will hit a new All-Time High in the coming months.
Thank you for reading.
Namaste.
S&P500 Index Intraday Trend Analysis for April 22, 2025Intraday Trend is Bullish with Resistance1 @ 5410 and Resistance2 @ 5507. Market Timing tool is bullish for the day and other indicators are in the green. Overall the S&P500 Index intraday trend is Bullish.
This is my view but not a recommendation to buy or sell. Traders are advised to do their own technical study before entering into the trade with proper risk management.
[D] SPX - 22.4.2025 (Scenario 1 & 2)To complement the earlier publish idea, I'm hereby adding another scenario as I'd feel dissatisfied with several candles being displaced. Both tell the same story as I'm fundamentally remain bearish over a prolonged period of time. I expect the things to get moving as soon as mid May for a major move. This year's summer time might hit different.
[D] SPX - 22.4.2024I felt like I wanted to post something positive amid the madness, although I remain bearish on SPX and USD since the beginning of 2024 - as my past predictions suggest. So far, the greatest businessman and dealmaker, Donald Trump has successfully outperformed on the time line most of the expectations that I deemed possible in a real-world setting. If that continues to hold true, it is possible that hereby - somewhat optimistic - prediction will again lag behind the reality on the scale of days to a couple of weeks. What I was hoping for, was a much welcomed break during the summer and a full-blown downfall into a recession afterwards. I'm much afraid, things I expected in 2026 might arrive considerably sooner.
S&P 500: Defensive Plays Dominate as Growth Sectors Falter- Key Insights: The S&P 500, currently priced at **5275.7**, reflects cautious
investor sentiment, with defensive sectors like **utilities**, **consumer
staples**, and **real estate** outperforming amid market volatility.
Elevated uncertainty is evident from higher VIX levels, driven by
geopolitical tensions, weak forward earnings guidance, and concerns about
growth sectors such as **technology** and **semiconductors**. Institutional
flows into safe-haven assets like **gold** signal limited risk appetite,
suggesting near-term weakness in equity markets.
- Price Targets: For the upcoming week, a cautious long position is suggested,
given support scenarios and stabilization prospects.
- **Target 1 (T1): $5380** (short-term resistance)
- **Target 2 (T2): $5450** (psychological level)
- **Stop Level 1 (S1): $5180**
- **Stop Level 2 (S2): $5135**
- Recent Performance: The S&P 500 displayed mixed performance, with defensive
sectors outperforming while growth sectors like technology lagged due to
pressures from macroeconomic factors. The broader equity landscape remains
volatile, as indicated by the elevated VIX readings and constrained trading
ranges in major indices such as the Russell 2000.
- Expert Analysis: Analysts recommend defensive positioning, favoring sectors
like **utilities** and real estate, as investors grapple with recessionary
risks and inflation concerns. Technology and semiconductor stocks,
particularly **Nvidia** and **AMD**, face headwinds from regulatory
restrictions and trade tensions with China. Federal Reserve statements
suggest potential rate cuts later in the year, but near-term hawkishness
persists, given inflationary pressures.
- News Impact: Key earnings reports from **Tesla**, **Google**, **Intel**, and
**Boeing** could drive sentiment shifts. Tesla's results may influence
market trends heavily, reinforcing key technical levels. Additionally,
renewed U.S.-China trade concerns over semiconductor tariffs add
uncertainty. A weakening U.S. dollar favors safe-haven assets such as
**gold**, while geopolitical risks and economic softness point to limited
upside for risk assets in the near term.
A Broader Market Review...As we have all seen within the last month or so, the U.S. equity markets have been getting the worst ass whooping since 2020. And as much as we'd like to forget that absolute disaster, it does bring to thought the idea of buying general market funds (such as AMEX:SPY , NASDAQ:QQQ , or AMEX:DIA ) to gain a nice entry into the next bull market, whenever that may be. However, not everything is all smooth sailing. The unfortunate part of this market downturn is that no amount of technical astrology fortune-telling analysis could have predicted the market's reaction to the tariffs being levied on foreign nations. So we need to put our big-boy pants on and look at the market as if it isn't some automatic wealth generating pattern that points north-east all day long.
Let's start with the tariffs. Firstly, we know there has been a 90 day pause on all conforming countries most notably leaving out China. It's not like that's anything special, just almost all our crap is made there. Unfortunately, we are observing what may be the greatest economic error of our lifetimes.
For those who are lost, foreign governments DO NOT pay for the tariffs in the way we are told. The U.S. Government levies the tariffs on the exporter (Chinese companies in this case), who then pass it on to the buyer of the goods (think Walmart, Target, Apple, etc.), who then pass those charges onto YOU... Enjoy!
So with an attempt at a full blown trade war, which the U.S. cannot win nor even has the industrial strength or infrastructure to compete, we can expect the markets to completely do a Bald Eagle courtship nosedive into new lows as observed a few weeks ago. But what will the Creature from Jekyll Island think of this?
Well miraculously, Fed chairman Jerome Powell claimed that the Fed will NOT allow the tariffs to exacerbate inflation into new highs. Get that, the Federal Reserve will not allow economic movements that raise prices on an importing nation ( that's the United States by the way), to raise prices anymore. While he's at it, how about we just get no inflation ever since it's just that simple?
And as if that wasn't enough, Donald Trump called for Jerome Powell to lower rates for some reason, saying that Powell was too late on his economic movement at the Fed. As it turns out, our plan for strengthening the economy is to.... weaken the dollar? Not sure why that's the case but at least we will be able to borrow more money at a cheaper price, as if the United States doesn't already have a debt problem. The Fed lowering rates would of course open the possibility of getting yet another wave of quantitative easing which will most likely be observed further down the road. Another round of QE, along with rate cuts, will of course send the equity markets to new highs on top of a weaker dollar.
Speaking of a weaker dollar, we should lastly talk about the TVC:DXY which measures the comparative strength of the U.S. Dollar to other currencies. As it turns out in this scenario, the dollar is getting weaker and weaker every day, meaning that people are running from U.S. Debt like it's the plague. If we were going to get a weaker dollar, at least could we have a higher market to offset our inevitable losses? I guess not...
Here is the TVC:DXY 1D looking back into late 2024.
Lastly for what to expect out of the market. If the trade situation will all the tariffs and this neo-cold war cool down, we might see some tariff pauses or lowering which will of course fire the market into new highs. However, if the situation doesn't cool, our debt yields rise, the market is going to go south faster than a Canadian in December. On a positive note, macroeconomic events move slowly, so it should be clear when a turnaround is coming...
S&P Outlook for the Coming WeekS&P 500 Update – April 20, 2025
We’re still in a confirmed weekly downtrend (though we have paused our decline), and the daily chart is showing signs of indecision. The sharp bounce on April 9 created a large green candle, and price action since then has been stuck inside that day’s range, forming inside bars and signaling continued indecision.
Key Points:
Trendlines: We remain under multiple downtrend lines (drawn from both the weekly and daily timeframes), as well as all major moving averages.
Resistance: The April 9 high around 5458 has now been rejected twice.
Support: We’re currently holding above the short-term uptrend line off the April 7 pivot near 5265. Buyers have defended this level for several days in a row.
Neutral Zone: Until we break below this rising trendline or reclaim the EMAs and downtrend lines, this remains a choppy, sideways range.
This is a tough environment for swing traders. There’s opportunity on lower timeframes, but without clear direction, larger trades carry more risk. Stay patient, watch for a break in either direction, and keep size light if you choose to participate.