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Sp500index

SP500 a short term uptrend 🦐SP500 on the 4h chart after the test of the weekly support at the 3840 structure started a series of higher highs higher lows move. The price that already tested a few times the 4000 level has retraced over a previous support area exactly at the 50% retracement and is now looking for a potential break . How can i approach this scenario? I will wait for the EU market session and monitor the price action for a possible break that will possibly happen in the US session and i will look for a nice long order according to the Plancton's strategy rules.
OANDA:SPX500USD
by InkyGrip
12
SPX Model Trading Plans for THU. 04/13"Inflation Peaked" Relief v/s "Recession Onset" Concern With the CPI and FOMC minutes almost confirming the cooling off of the inflation and potential "mild" recession, markets are on-and-off with the sense of relief for a day and with the sense of concern another day. The imminent earnings season should help decide which way the sentiment would settle towards. Until the earnings releases start flowing in earnest, choppy, directionless trading is to be expected. Positional Trading Models: Our positional models indicate no trading plans until otherwise published. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for THU. 04/13: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 4141, 4121, 4102, 4087, or 4076 with a 9-point trailing stop, and going short on a break below 4138, 4114, 4099, 4084, or 4070 with a 9-point trailing stop.  Models indicate no explicit exits for the day. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 11:16am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #fomc, #fed, #stocks, #futures, #inflation, #recession
SP:SPX
by TradersAIDotCom
SPX Model Trading Plans for TUE. 04/11Exuberant Pumping-up to Settle Back Into Reality? Day 7 In our trading plans published Tue. 04/04, we wrote: "With the quarter-end window dressing, and the new month beginning related artificial/seasonal boost to the markets behind us, the reality of the economy, inflation, and the interest rates soon to be driving the markets again. Whether it would be glass-half-full or glass-half-empty camp that leads remains to be seen. Our models indicate initial pressure to the downside.". We re-iterate the same view today, and until we change it. Positional Trading Models: Our positional models indicate no trading plans until otherwise published. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for TUE. 04/11: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 4141, 4121, 4112, 4102, 4087, or 4076 with a 9-point trailing stop, and going short on a break below 4138, 4118, 4099, 4084, or 4070 with a 9-point trailing stop.  Models indicate explicit long exit on a break below 4108, and no explicit short exits. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:46am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #fomc, #fed, #stocks, #futures, #inflation, #recession
SP:SPX
by TradersAIDotCom
The S&P 500 BottomTop of mind for investors and traders right now is whether or not the S&P 500 has reached its bottom. While this is an impossible question to answer and depends on which timeframe one is looking for a bottom, I will attempt to provide an general analysis below. First, the chart above is a quarterly chart (each candle represents a 3-month period) of the S&P 500. The pink line and shaded area represent periods of U.S. recessions as designated by data published by the Federal Reserve. The white line is the 20-period moving average. The 20-period moving average is the most commonly used reference point for the mean (average) price of the time period being analyzed. The 20-period moving average is also the mean of the Bollinger Bands, which are used to detect how over- or under-extended price is relative to its mean. GDP data suggest that we were technically in a recession in the first half of 2022. In the past 50 years, every recession has seen the S&P 500 revert down to its mean on the quarterly chart. Even the mild recession in the early 1990s, which hardly anyone remembers today, nearly tagged the mean. In fact, most recessions saw further downside movement. During the Dotcom Bust and the Great Recession the S&P 500 declined all the way to the lower Bollinger Band on the quarterly chart (as shown below). The current stagflationary period (where inflation is elevated and economic growth is low) is most similar to the stagflationary period of the 1970s. During this period, we had a series of intermittent recessions and a relatively flat stock market over a period of about a decade. As you can see in the chart below, during each recession, the S&P 500 bottomed at either the mean of the Bollinger Band or down at the lower band (on the quarterly chart). It was not until Paul Volcker sent interest rates to the moon that inflation finally ended in the early 1980s. Every yearly chart I've analyzed suggests we have entered into a period of stagflation and we will likely see higher inflation, higher unemployment, higher interest rates, and intermittent recessions for years to come. This is happening while the yearly S&P 500 Stochastic RSI oscillator is trending down sharply following more than a decade of rapid stock market expansion. So far as of writing, we have not reached the S&P 500 mean on the quarterly chart. There is an overwhelming likelihood that, at some point in the future, we will. Nonetheless, traders ought not to base their trades on slowly moving yearly charts, as even in a prolonged downturn there can be lucrative intermediate-term long opportunities. Indeed, the quarterly mean (20-period moving average) moves up over time, and when we do revert down to it, that price may be higher than the current price. Here are some other arguments for why we may have seen an intermediate-term bottom of the S&P 500 -- First, seasonality: As you can see in the seasonality chart below, the month of June often puts in the low for the year, which is sometimes retested in the August through October period (highlighted in yellow). Second, Fibonacci levels: As you can see, June's price action bounced off an important Fibonacci level. Price is also technically being supported on the third Fibonacci spiral from the Great Depression high as shown below (though this is precarious when viewed on the yearly timeframe). Third, the intermediate term oscillators are starting to create a bias of momentum to the upside as shown in the chart below. Fourth, the chart of the ticker S5TH is breaking out. The S5TH ticker simply represents the number of stocks in the S&P 500 that are above their 200 day moving average. This is extraordinarily bullish and a warning signal to those holding short positions. Fifth, there has been a clear bullish breakout of the Advance Decline Line (ADL), as shown in the chart below. The advance-decline line is a technical indicator that plots the difference between the number of advancing and declining stocks on a daily basis. The advance-decline line is used to show market sentiment, as it tells traders whether there are more stocks rising or falling. Right now it is signaling a bullish reversal. There are other bullish signals occurring as well, such as improving sentiment in the Put-Call Ratio and in the Fear-Greed Index. Although all of these indicators are turning bullish. We still need to see the VIX break down below its trend line and the dollar index (DXY) to start declining, the latter of which will likely happen. About a month ago, I questioned whether the DXY would top at its Fibonacci level, and indeed it formed an upper wick and came right back down to this level before the close of July, forming a bearish inverted hammer. There were many dollar index bulls who thought at the time that I was being ridiculous, but the charts were showing clear bearish divergence and there was very little chance that the dollar index (DXY) would blast past this important Fibonacci level while being so over-extended. I ignore all noise in the market and focus solely on what chart is saying. Charts are mathematical, statistical, and predictable. Charts also do not lie. While anything can happen, it's quite certain that the coming months and years will be quite a roller coaster. There are very few people who are prepared for the magnitude of stock market decline that could happen now that unlimited quantitative easing is no longer sustainable. I'll be posting updates along the way. Look first, then leap!
SP:SPX
by SpyMasterTrades
41
S&P 500 Index Analyze !!!S&P 500 has been moving on Ascending Channel for about 12 years😱. S&P 500 had an Impulse wave with an Extended 3rd Wave . When wave 3 is extended , we can use from Elliott Wave Fibonacci Retracement and Extension Guidelines of extended waves : 🔅 If wave 3 is extended , waves 1 and 5 are often nearly equal in magnitude and duration.= This guideline is running correctly on my chart✅ = The end of the main wave 5 (Zone): 4505 until 4182 🔅If wave 3 is extended , then wave 4 often ends at the level of sub-wave 4 of 3 and is quite shallow (retraces 23.6% – 38.2% of wave 3). This guideline is running correctly on my chart✅ 🔴 Heavy Resistance Zone : 5817 until 5348 . S&P 500 Index Analyze Timeframe 2 Weeks ( Log Scale ) ❗️ Note ❗️: I expect that S&P 500 would go down at least until the middle line of ascending Channel . Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SP:SPXShort
by pejman_zwin
2
SPX Model Trading Plans for MON. 04/10Exuberant Pumping-up to Settle Back Into Reality? Day 6 In our trading plans published yesterday, Tue. 04/04, we wrote: "With the quarter-end window dressing, and the new month beginning related artificial/seasonal boost to the markets behind us, the reality of the economy, inflation, and the interest rates soon to be driving the markets again. Whether it would be glass-half-full or glass-half-empty camp that leads remains to be seen. Our models indicate initial pressure to the downside.". We re-iterate the same view today, and until we change it. Positional Trading Models: Our positional models indicate no trading plans until otherwise published.  By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for MON. 04/10: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 4141, 4116, 4087, or 4077 with a 9-point trailing stop, and going short on a break below 4138, 4099, 4084, or 4072 with a 9-point trailing stop.  Models indicate explicit long exit on a break below 4109, and explicit short exit on a break above 4093 or 4053. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 09:31am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #fomc, #fed, #stocks, #futures, #inflation, #recession
SP:SPX
by TradersAIDotCom
Waiting for confirmations to short ES - SP500 - US500 Hello Everyone, This is my analysis about the SP500, since we're having a bad data on the PMI Services and if Friday delivers a bad interpretation of the NFP news, i want to see a retracement into the premium key levels and see in a lower timeframes a confirmation of a bearish move, then i'll proceed to short and targeting the fair value area and a lower prices. This is not a financial advice, the idea is for study purposes. In any case, it is not meant to give you a signal. This is just a way for me to read the markets.
PEPPERSTONE:US500Short
by UnknownUnicorn35944623
1
SPX RALLY CONTINUESAll indicators are showing a continuous rally on the SPX. Despite closing lower on Tuesday and Wednesday, the index rebound in the next two trading days and almost managed to reach the opening levels from Tuesday. Both MACD and RSI are confirming the bullish trend, with MACD histogram being above zero and RSI above 50 neutral line. If this scenario continues, the price might reach levels of 4312.In the opposite scenario, as a pivot point might be viewed the price of 4000, after it new lows of 3925 might be reached. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
PEPPERSTONE:US500Long
by legacyFXofficial
THE Bear Market Bottom UpdateLast year on July 4th I published a timeline of the overall bear market cycle (Attached below in Related Ideas and titled "Theory 3 of 3 for SPX--MOST LIKELY"). This will provide an update on a chart that can be reflected on in the future by “playing the bars” for full veracity. The projection was made in early July when the market was trading at 3825 and the low at that point had been 3636.87. Market analysts were calling stating the bottom was in and the market will continue up beyond 4818. My analysis said otherwise. Some believe new market highs (above 4818) are near, while I know the hurt has not even happened yet. After the early summer of 2023, I still expect an overall decline to the end of 2024 or as late as the first quarter of 2025. The end of Cycle wave A was initially projected for October 18, 2022 with a low around 3175. The actual low was 3491 on October 13. Cycle wave B was projected to top around July 18, 2023 near 4600. With updated data, I have dropped the top for Cycle wave B to 4400 and sped up the end date to mid-June 2023. Cycle wave C’s bottom was projected for March 13, 2025 around 2400. While I still have a projected bottom at 2400, this is likely to change once Cycle wave B is complete and each Primary wave inside of Cycle C completes as well. The earlier end dates for Cycles A and B have moved the final bear market bottom toward the end of 2024 at this time. Continue to follow as we muddle through this bear market where there is always something to be gained.
SP:SPXShort
by StockSignaler
New top this week, new bottom next weekMinor wave 4 should now be over leaving Minor wave 5 and the end of Intermediate wave 1 to occur by midweek. All a strong majority of models have the top at 2-3 days which equates to a top on Tuesday or Wednesday this week. Wednesday morning is the CPI report which could be the catalyst for the next short-term market drop. The report is premarket and therefore Minor wave 5 tops before the close on Tuesday. The most specific models point to a top around 4172, although the dataset does not contain enough points of reference to ensure a strong certainty. The next set of data points to a high between 4145-4159. While the broad set of data points to a high between 4169-4229. At the very least the index should drive above Minor wave 3 which topped at 4133.13. A top around 4150 is fair and achievable over the next two days. A move above 4190 is less likely. After Intermediate wave 1 concludes, Intermediate wave 2 should push the market down for about a week, but likely less than 2 full weeks (10 trading days). If wave 1 finishes on Tuesday with a top at 4160, Intermediate wave 1 would have lasted 20 trading days and gained 351.14 points from top to bottom. The following is a projection of Intermediate wave 2 based on the estimates for the end of Intermediate wave 1. Based on historical waves ending in 2BC2, Intermediate wave 2 could last 4 or 10 days with a bottom between 3947-4042. Based on waves ending in BC2, wave 2 could last 4, 6, 10, or 11 days with a bottom 3886-3953. Lastly the broader dataset based on waves ending in C2 indicate a duration of 4-7 or 10 days with a bottom between 3852-4002. For now, I will project the bottom around 3950 over 6 trading days which would be April 19. This would mean the index gives up a little over 200 points over a week of trading. This would require an average drop of 35 points per day which this market is easily capable of completing. The day of the CPI report would likely see more than this while other days could see less or slight gains. I will continue to monitor and provide new estimates as the waves complete.
SP:SPX
by StockSignaler
04/10/2023 $spy Supply and Demand Zones and BreakoutsPlease note that I am not a financial advisor and this is not investment advice. You should do your own research and consult a professional before making any trading decisions. Based on the 15-minute intraday chart of SPDR S&P 500 ETF (SPY) as of April 7, 2021, here is my analysis: Supply Zone: $409.50 - $410.00 Demand Zone: $405.50 - $406.00 These zones are based on the price action that occurred before the strong moves in either direction. A supply zone is where sellers outnumber buyers and push the price down, while a demand zone is where buyers outnumber sellers and push the price up12. Support and Resistance: The current support level is around $408.00, which was tested several times on April 7 and held as a floor for the price. The current resistance level is around $409.50, which was also tested several times on April 7 and acted as a ceiling for the price. If the price breaks above the resistance level and the supply zone, the next potential supply zone could be around $411.00 - $411.50, which was the previous high on March 17. If the price breaks below the support level and the demand zone, the next potential demand zone could be around $403.00 - $403.50, which was the previous low on April 5. Technical Analysis: The SPY is trading above its 50-period and 200-period moving averages on the 15-minute chart, indicating an overall bullish trend. However, the price has been consolidating in a narrow range between $408.00 and $409.50 for most of April 7, suggesting a lack of momentum and direction. The MACD indicator is hovering around zero, showing no clear signal of a trend change. The RSI indicator is also near 50, indicating a neutral market condition. Fundamental Analysis: The SPY tracks the performance of the S&P 500 index, which is a broad measure of the US stock market. The S&P 500 index has been hitting new record highs recently, driven by optimism about the economic recovery from the pandemic, vaccine rollouts, stimulus measures, and corporate earnings. However, some risks and challenges remain, such as rising inflation expectations, higher bond yields, geopolitical tensions, and potential tax hikes. News and Events: Some of the recent news and events that may have an impact on the SPY are: The Federal Reserve released the minutes of its March meeting on April 7, which showed that most policymakers agreed to keep monetary policy accommodative until the economy reaches its goals of maximum employment and inflation3. The US trade deficit widened to a record high of $71.1 billion in February, as imports surged while exports declined due to severe winter weather4. President Joe Biden announced a HKEX:2 trillion infrastructure plan on March 31, which aims to boost spending on roads, bridges, broadband, clean energy, and other projects over eight years5. The US added 916,000 jobs in March, beating expectations and signaling a strong rebound in the labor market. The unemployment rate fell to 6%, while the labor force participation rate rose to 61.5%6. Sentiment Analysis: The sentiment analysis is based on the social media activity and opinions of traders and investors about the SPY. According to Stocktwits.com, a popular platform for stock market discussions, the SPY has a bullish sentiment score of 63%, as of April 77. This means that more users are positive than negative about the SPY’s outlook. According to Tradingview.com, another popular platform for chart analysis and trading ideas, the SPY has a buy signal based on technical indicators, as of April 78. This means that most indicators are suggesting an upward movement for the SPY. Quantitative Analysis: The quantitative analysis is based on some statistical measures and ratios that can help evaluate the SPY’s performance and valuation. According to Yahoo Finance3, some of these measures are: Price-to-Earnings Ratio (P/E): 40.67 Price-to-Book Ratio (P/B): 4.28 Price-to-Sales Ratio (P/S): 3.02 Dividend Yield: 1.36% Beta: 1.00 Sharpe Ratio: 0.96 Sortino Ratio: 1.46 These measures and ratios can help compare the SPY with other ETFs or stocks in terms of profitability, growth, risk, and valuation. Generally, higher ratios indicate better performance and lower ratios indicate worse performance. However, these ratios should not be used in isolation and should be considered along with other factors such as market conditions, fundamentals, and technical.
AMEX:SPY
by DailyTradeSetups
SPX Model Trading Plans for WED. 04/05Exuberant Pumping-up to Settle Back Into Reality? Day 2 In our trading plans published yesterday, Tue. 04/04, we wrote: "With the quarter-end window dressing, and the new month beginning related artificial/seasonal boost to the markets behind us, the reality of the economy, inflation, and the interest rates soon to be driving the markets again. Whether it would be glass-half-full or glass-half-empty camp that leads remains to be seen. Our models indicate initial pressure to the downside.". We re-iterate the same view today, and until we change it. Positional Trading Models: As per our trading plans published yesterday, Tue. 04/04: "Our positional models are indicating early signs of bearishness, and are monitoring for a potential short signal". For today, our positional models indicate going short on a break below 4085 with a hard stop at 4116, and a trailing stop of 30 points. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for WED. 04/05: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 4113,  4104, 4068, or 4052 with a 9-point trailing stop, and going short on a break below 4110, 4097, 4063, or 4049 with a 9-point trailing stop.  Models indicate explicit long exit on a break below 4147, and explicit short exit on a break above 4094 or 4066. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 10:10am ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #fomc, #fed, #newhigh, #stocks, #futures, #inflation, #powell, #economy, #interestrates
SP:SPX
by TradersAIDotCom
Didn't you say "head and shoulders"? Hi all. I wanted to not only find important signs on the 1M chart, but also experiment with 1D chart. I know so many people have a literal skin itch until they find the head and shoulders on the chart. Once head and shoulders are found, life becomes much easier and the chart makes sense. Ditz-bums! Here is a strikingly similar story with SPX, some peoples have found the head and shoulders last days... But long-awaited explosive up breakout did not happen. So, man… What happened? A downchannel happened probadly. Yes, it wasn't exactly a confirmed channel, but now we have a rejection of its upper boundary and we can see the thing better. I just have one question for you and for myself. Could it be a three-drive pattern? Because, if I am sure the candles have nowhere to go out of the channel, only to renew new bottom, then this is the most informative pattern for us i think. Of the usual indicators, I've left the Ichimoku and we see a remarkable long thin neck pointing to a nice easy break down spot. This further confirms the possibility. VIX has been squeeze and squeeze and similarly gives every reason to think in that direction. Bitcoin on a hard FOMO buying going in opposition to SPX move. Not to romanticise it, so far Bitcoin has never shown lasting independence from global market conditions. Then the possible duration of this leg is down to ~3350. 
 Well, now the cursing will begin in the comments. I am not encouraging anyone to do anything. You all have your own heads.
SP:SPX
by averkie_skila
10
Exuberant Pumping-up to Settle Back Into Reality?Exuberant Pumping-up to Settle Back Into Reality? With the quarter-end window dressing, and the new month beginning related artificial/seasonal boost to the markets behind us, the reality of the economy, inflation, and the interest rates soon to be driving the markets again. Whether it would be glass-half-full or glass-half-empty camp that leads remains to be seen. Our models indicate initial pressure to the downside. Positional Trading Models: Our positional models are indicating early signs of bearishness, and are monitoring for a potential short signal. For now, no trading plans for the day. By definition, positional trading models may carry the positions overnight and over multiple days, and hence assume trading an instrument that trades beyond the regular session, with the trailing stops - if any - being active in the overnight session. Intraday/Aggressive Models: Our aggressive, intraday models indicate the trading plans below for today. Trading Plans for TUE. 04/04: Aggressive Intraday Models: For today, our aggressive intraday models indicate going long on a break above 4131, 4121, 4101, or 4085 with a 9-point trailing stop, and going short on a break below 4128, 4117, 4098, 4094, or 4081 with a 9-point trailing stop.  Models indicate explicit long exit on a break below 4147, and explicit short exit on a break above 4063. Models also indicate a break-even hard stop once a trade gets into a 4-point profit level. Models indicate taking these signals from 12:01pm ET or later. By definition the intraday models do not hold any positions overnight - the models exit any open position at the close of the last bar (3:59pm bar or 4:00pm bar, depending on your platform's bar timing convention). To avoid getting whipsawed, use at least a 5-minute closing or a higher time frame (a 1-minute if you know what you are doing) - depending on your risk tolerance and trading style - to determine the signals. (WHAT IS THE CREDIBILITY and the PERFORMANCE OF OUR MODEL TRADING PLANS over the LAST WEEK, LAST MONTH, LAST YEAR? Please check for yourself how our pre-published model trades have performed so far! Seeing is believing!)  NOTES - HOW TO INTERPRET/USE THESE TRADING PLANS: (i) The trading levels identified are derived from our A.I. Powered Quant Models. Depending on the market conditions, these may or may not correspond to any specific indicator(s). (ii) These trading plans may be used to trade in any instrument that tracks the S&P 500 Index (e.g., ETFs such as SPY, derivatives such as futures and options on futures, and SPX options), triggered by the price levels in the Index. The results of these indicated trades would vary widely depending on the timeframe you use (tick chart, 1 minute, or 5 minute, or 15 minute or 60 minute etc.), the quality of your broker's execution, any slippages, your trading commissions and many other factors. (iii) These are NOT trading recommendations for any individual(s) and may or may not be suitable to your own financial objectives and risk tolerance - USE these ONLY as educational tools to inform and educate your own trading decisions, at your own risk. #spx, #spx500, #spy, #sp500, #esmini, #indextrading, #daytrading, #models, #tradingplans, #outlook, #economy, #bear, #yields, #fomc, #fed, #newhigh, #stocks, #futures, #inflation, #powell, #economy, #interestrates
SP:SPX
by TradersAIDotCom