Falling Channel Continuation tradeThe market has been in consolidation and formed a falling channel, now we have a breakout and 2 pullbacks, set your order at the higher high and go long WE ONLY TRADE PULLBACKSLongby KenyanAlphaUpdated 0
SPX500 ,,, UpdateThe chart has passed about 3 weeks climbing and after this rally and passing out of the all-time high, it seems it needs a small correction. The last candles have been small ones, and it shows they do not have enough power for rising. I am waiting for a small correction or probably a pullback to broken level while I sold some of my positions. by pardis221
SPX500 intraday dips continue to attract buyers.US500 - 24h expiry Buying pressure from 5714 resulted in all the initial daily selloff being recaptured. Broken out of the channel formation to the upside. Price action continues to trade around the all-time highs. Dips continue to attract buyers. We look to set longs in early trade for a further test of the fragile looking resistance. Our profit targets will be 5785 and 5800 Resistance: 5780 / 5784 / 5800 Support: 5745 / 5730 / 5714 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA4
Bearish Continuation Below 5748, Bullish Reversal Above 5785SPx Currently, as long as it remains below 5748, a decline towards 5732 is expected. A break below 5732 would open the door to further downside, targeting the bearish zone around 5675. However, a 4-hour candle close above 5785 would signal a bullish shift, with the potential to move toward 5850. Key Levels: Pivot Point: 5782 Resistance Levels: 5805, 5840, 5890 Support Levels: 5732, 5675, 5643 Trend Outlook: Bearish: Below 5782 Bullish: Above 5785Shortby SroshMayi6
S & P 500 SELL ANALYSIS DOUBLE TOP PATTERNHere on S & P 500 price just made a double top and has broken line 5718.55 which means there is a chance of falling and going for SHORT is needed with target profit of 5676.81 . Use money managementShortby FrankFx14Updated 228
$SPX Tomorrow’s Trading range Oct 1st 2024SP:SPX Tomorrow’s Trading range Oct 1st 2024 Alright, y’all… support is at 5700 and resistance is at ATH’s at 5767.37, the 35EMA is underneath us and we have an implied move of .66% Awwww yeah... by SPYder_QQQueen_Trading2
S&P500 updateSomeone still confused n looking for sells lols I've been sending this signals over n over again when they are growing soo that it get in your mind 🙃 n stop goo against them without proper confirmations let them reach targets my first target soon is 60k 100% I don't doubt my vision n my analysis I never mess even a single day#dont overthinking n goo against the trend without proper confirmations. Longby mulaudzimpho331
Weekly Outlook Sep 30 - Oct 4 $SPXAlthough you should never be bearish when SP:SPX breaks ATH, i think a short term minor sell off would be healthy given the bearish divergence forming on the daily. The 200D MA would be an ideal buying opportunity. However, its more likely we keep crawling to 6000 by SolenyaResearch0
sp500price will go down after the 24th of October, the price will increase. The turning point is 545800:36by Bill88NN112
The S&P 500 short term outlook is bullishThe S&P 500 ( SP:SPX AMEX:SPY ) daily chart is currently in a steady bull trend, with the price continuing to follow the ascending trendline. The Bollinger Bands are expanding, suggesting that the current momentum is likely to continue toward the 6000 area ( AMEX:DJIA NASDAQ:QQQ ) #stocks #Bullby TraderhrTrading3
SP500 - 1D Who will buy the most EXPENSIVE TULIP?SP500 - 1D Who will buy THE most expensive TULIP? The SP500 continues to rise unstoppably, reaching 5700. It is possible that it will continue to rise, but the question is how far. Technically, the rise is shaped like a megaphone and is currently touching the ceiling. In fact, it has broken the resistance and it is not clear how far it could continue to rise. On the other hand, looking at the chart, it is clear that sooner or later it has to correct. Pay attention to the US presidential elections. Maybe then it will turn around. Intermediate support zone: 4800 Once our strategy is defined, it is a matter of waiting to enter at the right time. TradeX Bot, you can configure BUY and SELL strategies on futures, so our way of approaching the market will offer us opportunities whether the market rises or falls. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the development process and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)Shortby DeuXfi1
S&P500: Bullish until the end of the year.Excellent bullish technicals on its 1D outlook for the S&P500 (RSI = 64.960, MACD = 69.000, ADX = 26.170), despite turning mostly sideways in the past trading days. However, having reached the HH trendline, we can see from the past two similar patterns that a consolidation is normal and as long as the 1D MA50 holds, the index is more likely to continue the uptrend. We are expecting a similar +15.00% rise (TP = 6,200) to close the year out. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope7
SP500We are with the sale of the S&P 500 stock and have identified the specific areas that we expect to reachShortby Alla_Jwaze2
S&P 500 INDEX - about dropping...SPx The price should break 5732 to be a bearish trend toward 56675 and 5643, the closing 4h candle above 5749 will touch 5784, and above it will be a bullish trend till 5891 Key Levels: Pivot Point: 5732 Resistance Levels: 5784, 5805, 5890 Support Levels: 5675, 5643, 5585 Trend Outlook: Bearish: Below 5,732 Bullish: Above 5,784 previous idea: Shortby SroshMayi9
Another weekly bearish divergence SP500I see another bearish divergence on weekly timeframe of SP500. It may take weeks to play it out, but it looks really ugly. Winter is coming?Shortby marcinkwiat19893
China euphoria and further cut expectationsFundamentals SPX - China stimulus news - Risk: Seasonality USD - Strong dovish remarks from Golsbee Technical & Other Setup: TC(B) Setup timeframe: 4h Trigger: 1h Medium-term: Up Long-term: Range Min target: 3R, Fib ext. level Risk: 0.5% Risk (R): 0.5RLongby Cherry94Updated 1
SPX500 H4 | Bullish uptrend to extend?SPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,709.32 which is a pullback support. Stop loss is at 5,670.00 which is a level that lies underneath the 23.6% Fibonacci retracement level. Take profit is at 5,825.45 which is a level that aligns with the 161.8% Fibonacci extension level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long03:40by FXCM115
SPX: boosted by lower inflationThe Fed's rate cut and further slowdown of the US inflation boosted the US equity markets, where S&P 500 reached the newly fresh all-time highest level as of the end of the previous week. The highest weekly level reached was 5.761, while the index is closing the week at the level of 5.738. Released inflation data showed that the Fed's favorite inflation gauge, the PCE index slowed down further to the level of 2,2% y/y in August, below market consensus, which increased sentiment in investors that the Fed might confidently cut rates further during the year. On the other hand, the environment of decreasing interest rates will be supportive to business, increasing expectations of higher profitability in the coming period. Analysts are noting that, with a cooling inflation, the Fed might now fully focus on the labor market in the coming period, and expect a positive impact for the further strengthening of the US economy. Aside from the tech companies, the materials sector especially gained during the week, adding a 3,4% to the value of stocks in this sector for the week. There are analysts who are pointing that the financial sector might also gain in the coming period, with an increase in lending activity. by XBTFX8
S&P 500 Weakness Relative to Gold?In this weekly chart of the S&P 500 Index denominated in gold (SPX/XAU), I’m observing a noticeable loss of momentum (relative to gold prices). This is evidenced by the decreasing gap between the 50 EMA (Exponential Moving Average) and the 130 EMA at the latest local high compared to the previous one. Additionally, there is a shift in the 'behavior' of these moving averages — they have entered a phase of 'indecision' regarding trend direction. This is quite significant because, for decades, these moving averages have reliably provided a single crossover, followed by a clean multi-year trend. The last period when there were as many crossovers between the 50 and 130 EMAs within such a short time span was between early 1967 and late 1971. The period marked by the final MA-crossover of that range ultimately led to a dramatic decline of about 95% relative to gold, lasting approximately 8 years and 5 months, culminating in a bottom in January 1980. I also see additional evidence in the form of price struggling to hold above the 38.2% Fibonacci retracement level from the major cycle peak of late 2000. While price did break above this level several times in 2021 and even managed to hold above it for about six weeks (late November 2021 through early January 2022), it has since failed to reclaim that level. The most recent attempt in February of this year led to a rejection that resulted in a 16% decline over the subsequent eight weeks. Currently, the price relative to gold remains about 15% below that critical level. If we consider that a 72% decline in the S&P 500 (relative to gold) would be required to revisit the major cycle low seen in early September 2011, it’s clear that there’s significant room for downward movement. It’s important to note that the S&P 500 could continue delivering positive returns in nominal terms for years to come, regardless of how it performs against gold. The point here is to highlight a potential argument for relative weakness in the S&P 500 when compared to gold, which has been a strong performer so far this year. If this chart is indicative of broader trends, gold has a good chance to continue outperforming, even if this index continues to grind upward.by JamesBrown0
SPX 6000Can't believe I missed this buy signal on the fib, super high vol buyback. The doomsday retracement is going to be the election cycle bull run. Let's see how this plays out.Longby Osmanomics1
WHAT'S NEXT FOR THE STOCK MARKET? (September 29, 2024)A deep dive analysis on the S&P 500, looking back at over 60+ years of price action and data... to put together a comprehensive picture of the many different scenarios that could unfold in the stock market in the coming years and decades. I know this is a very different type of video, but I hope it gives you a decent level of value!19:59by Jonalius1
S&P 500 Daily Chart Analysis For Week of Sep 27, 2024Technical Analysis and Outlook: The S&P 500 Index has recently exhibited a classic gap-fill pattern, reaching 5739 with an adjusted Index Rally to 5763 during the current week's trading sessions. However, there is a strong likelihood of a retracement to the newly established Mean Support at 5700 in the upcoming week. This potential retracement could lead to a further descent to the subsequent Mean Support level at 5620, potentially disrupting the current trajectory. Conversely, a substantial rebound to the Outer Index Rally at 5840 may intercept an anticipated downward trend, nullifying the projected decline. by TradeSelecter4
Upthrust After Distribution (UTAD) or Wall of Worry?On the 4-hour chart following Jerome Powell’s recent rate cut announcement, the price action was not as strong as expected. While some media outlets labeled this as part of the “wall of worry,” where markets continue climbing despite negative sentiment, I observed signs of a potential Upthrust After Distribution (UTAD) based on Wyckoff’s distribution schematic. The structure of the price, combined with key volume dynamics, led me to question whether this gradual upward movement was a true continuation or a deceptive distribution phase. Although the price has managed to sit just above the all-time high for multiple days, it hasn’t done so in a particularly strong way. Bearish divergences in the MACD and RSI indicate underlying weakness, and volume has remained light, signaling distribution rather than accumulation. While both a wall of worry and a UTAD can feature a slow grind upward, a wall of worry is typically supported by steady buying. In contrast, a UTAD appears similar but ultimately traps buyers before reversing sharply. The key difference here is the lack of strong follow-through above resistance and the mounting signs of exhaustion. In conclusion, despite the price holding slightly above the all-time high, the weak volume, bearish divergences, and fragile nature of this level suggest that we are more likely seeing a UTAD than a wall of worry. These factors point to distribution, and I expect a potential market reversal in the near term.Shortby DHF823