S&P500 INDEX (US500): Time to Recover It looks like US500 is ready to recover after the yesterday's crazy bearish movement. We may see a pullback at least to 5940/ ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader116
S&P500 hit the MA50 (1d). Huge buy signal.S&P500 hit today its MA50 (1d) following the Fed Rate announcement. At the same time, it is testing the bottom of August's Channel Up. As long as it closes daily inside the pattern, this is a strong buy opportunity. Trading Plan: 1. Buy on the current market price. Targets: 1. 6200 (+5.75% rise similar to the previous one). Tips: 1. The RSI (1d) hit its 3 month Support Zone. If it reverses on it, that might be an even better signal for a buy entry. Please like, follow and comment!! Notes: Past trading plan: Longby TradingBrokersView2221
US500Hello friends This is the resistance area that you see, if the price reaches there and the fall is confirmed, we expect a downward step from it to the specified range. Be successful and profitable.Shortby TheHunters_CompanyUpdated 7
S&P 500 - sidewaysUS stock indices finished lower on Tuesday with the broad-based, domestically-focused Russell 2000 leading the decline. The Russell represents US mid-to-smaller-cap stocks, and closed down 1.2%. It has now lost over 5% since making a fresh all-time high three weeks ago, after rallying 11% in the aftermath of Trump’s election victory in early November. The Dow has dropped around 3.5% from its own record high in early December. Yesterday’s loss meant that the old school, price-weighted index has registered nine successive losing sessions, its worst run in over six years. In contrast, the S&P 500 continues to consolidate just below all-time highs, while the NASDAQ 100 posted its own record high on Monday. Tech stocks continue to garner investor interest, despite their considerable outperformance in 2024. This morning, Tesla dropped 3%, pulling back a touch from its own all-time high hit on Monday. This followed news that the EV giant’s Shanghai plant manager is leaving the company. In contrast, NVIDIA jumped 3%, bouncing off the nine week low hit yesterday. Longer term US Treasury yields continue to creep up. The yield on the 10-year is back to a fresh four week high, above 4.40% and closing in on the potentially problematic level above 4.50%. This level could prove to be a headwind for equities. Bond yields will be in sharp focus this evening as the Federal Reserve announces its final rate decision of the year. The consensus expectation is that the Fed’s FOMC will cut by 25 basis points, taking the Fed Funds rate to 4.50% for a total 100 basis points-worth of rate cuts this year, beginning in September. But likely of greater importance will be the FOMC’s quarterly Summary of Economic Projections (SEP) where members give their forecasts for GDP growth, unemployment, inflation and the Fed Funds rate for next year and beyond. This will provide a set of guidelines for investors who currently predict just 50 basis points of additional cuts in 2025. Contrast this with September’s SEP when the FOMC forecast 100 basis points-worth of cuts next year. Fed Chair Jerome Powell will also host a press conference which will be of great interest to market participants. The prevailing view is that the Fed will accompany the rate cut with hawkish comments, indicating that it’s time to take a pause in loosening monetary policy. This seems wise, given the incoming Trump administration, the recent uptick in inflation, decent US economic growth and the strength of the US stock market. by TradeNation3
NEW IDEA FOR S&P500The S&P 500 index is engaged in channel ceiling resistance at 6084 points on the four-hour timeframe, and given the bullish tendencies of the Alligator indicator, there is a possibility of the price increasing to the 161.8% Fibo resistance at 6150 points.Longby arongroups3
S&P500 entering a new Bull Cycle according to the Dollar IndexThe S&P500 index (SPX) has been rising aggressively since the October 2022 market bottom, as it recovered from the Inflation Crisis of 2022. Despite the All Time Highs (ATH) that it is currently trading at, we have strong evidence based on the U.S. Dollar Index (DXY) that it is entering a new, more structured Bull Cycle. As you can see on this cross chart analysis on the 1W time-frame, the market has been on a multi-year uptrend with clear Phases, ever since the March 2009 bottom of the 2008 U.S. Housing Crisis. At the same time, the DXY (blue trend-line) initiated its own Channel Up. Every time the DXY bottomed, the S&P500 transitioned from the more aggressive, recovery phase (blue Arc pattern) of the Bear Cycle to a more structured (green) Channel Up. As long as the DXY remains below its (dashed) Lower Highs trend-line, the uptrend of the Channel Up is being extended. Once broken, the stock market starts to form a top, which is natural as a strong/ expensive dollar is far from ideal for buying risky assets like stocks. In any case, it appears that the DXY bottomed in late September 2024 and rebounded aggressively. This is rebound is the exact behavior it has when the previous two (green) Channel Up patterns started. As a result, we believe that the S&P500 has ahead of it around 4 years of growth within this Channel Up, whose pull-backs/ corrections will be the cyclical buy opportunities. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot21
SPX 500 Fractal #SPX500 | #SPX | #US500 Fractal for SPX - US 500 Index, do you see a massive CRASH coming or i am wrong ?Shortby AlmuhandesKSA1
S&P500 5 month Channel Up bottomed. Bullish reversal started.S&P500 / US500 is trading inside a Channel Up since the August 5th bottom. Wednesday's Fed fueled correction crossed under the 1day MA50 but stabilized yesterday and today found support over the 1day MA100 and rebounded. This low is very close to the bottom of the Channel Up and the 1day MA100 was the level that supported the early September pull back. The 1day RSI is also reversing, and the 3 times it posted a similar pattern inside the Channel Up, it was a bottom. Buy and target 6200 (+7.10% from the bottom). Previous chart: Follow us, like the idea and leave a comment below!!Longby TheCryptagon4
Divided America, recession incomingthis just caught my eyes, a textbook abc pattern, and it can be an EW wave 5 which is equal to wave3, in that case, America will enter a recession . for now it's not high probability, when it becomes so , I will publish setups(and this is not a setup). Shortby trollist1
Perhaps a 'Santa Rally' is just one step away to begin in 2024Stock markets often enjoy a seasonal share boost during the festive period. It's been two unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally. Shares have much wide, breather and better performance so far in 2024, amid trade and geopolitical tensions, high inflation and high interest rate. So... while children are compiling their Christmas lists, traders also want some sweet candies. Traditionally, festive cheer and holiday household spending make the markets more optimistic during the holiday season, boosting investor portfolios. But will 2024 follow the trend? The "Santa rally", a term coined in 1972 by Yale Hirsch, the founder of the Stock Trader’s Almanac, "describes a tendency for the stock market to go up by 1% to 2%" over final five trading days of the outgoing year and the first two of the new one, said Forbes Advisor . This period has "historically" shown higher stock prices in the S&P 500 SP:SPX 79.2% of the time, says Investopedia . What drives the Santa rally? Reasons for the Santa rally are vary and one explanation is the cheery "end of year mood" that means investors are in more of a "buying temperament" rather than selling shares, which pushes up stock prices Will there be a Santa rally this year? Probably, Yes. September quarter capped off the best 12-months return (+36.36%) for S&P500 Index since the pandemic stock market recovery in 2020, so there are a lot of hopes that stars will align, and momentum in the markets, helped by declining U.S. interest rate, will push prices higher in the run-up to Christmas. Sure, there is "no guarantee", though. Sometimes it happens. Sometimes it is not. The odds of a Santa rally may be in your favor, but the "best option" (author's opinion) is to do nothing, remain invested and be "pleasantly surprised" by another strong month by the new year. The main technical graph for S&P500 Index says that we right now.. already somewhere above to 6'000 points for SPX Index, and just one step to break it out to reach the next one half-a-mile, i.e. 6'500 points by the end of the year. Just follow the major upside trend, that's been taken earlier this summer. And that is all. Merry Christmas y'all, TradingViewers! See you in a Happy New 2025 Year! 💖💖 by PandorraUpdated 333
Critical Levels in S&P 500 Index this weekNavigating the S&P 500: What to Watch This Christmas Week If you look at the S&P 500's technical chart, you'll notice something intriguing: Friday's rebound wasn't just any rebound — it came with a surge in volume. The Index is flirting with its 50-day Moving Average, a key indicator with investors on edge. As long as macroeconomic data doesn’t throw any curveballs, there's a promising outlook for a festive rally in the stock market this Christmas week. My eyes are on the 6,000 mark for the SPX as a pivotal point. If the momentum continues, we might even see it touch 6,100, which could be the ceiling for this bullish run.by IrinaTK110
Big channelLooks like S&P is heading towards the top of a big channel that began from October 2023 low. This is an attempt to predict when and where it would happen, which is approximately on November 18 at 6115.Longby SupergalacticUpdated 3
Hellena | SPX500 (4H): Short to support area 5846.5.Colleagues, I assume that price is completing a five-wave upward movement. I believe that the price may reach the resistance area of 6181.6 then I will consider only downward movement in correction to the area of 5846.5. It is possible that the price will immediately start moving towards this area, but this is a more risky plan. Still, I would like to see the completion of all waves “5” in one place! Manage your capital correctly and competently! Only enter trades based on reliable patterns!Shortby Hellena_TradeUpdated 171742
SPX500 Will Go Up! Long! Take a look at our analysis for SPX500. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 5,900.98. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5,967.79 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider2221
S&P 500 Bullish Outlook Pending Sustained Break Above 1M PPHello, VANTAGE:SP500 has closed above the 1-month pivot point, signaling potential for further upside, even though sellers are currently exerting strong pressure. What we need now is a sustained position above the 1-month pivot point, and if that occurs, we could be in for a significant move upward! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33443
S&P 500 Daily Chart Analysis For Week of Dec 20, 2024Technical Analysis and Outlook: During this week's trading, the S&P 500 index exhibited considerable volatility after reaching our critical support level of Mean Support 5870. Subsequently, it demonstrated a robust upward recovery. This development is anticipated to facilitate the impending phase of the renewed interim rebound, with the objective of retesting the Key Resistance level at 6090, thereby paving the way for continuing the bullish trend. However, it is crucial to recognize that a retest of the Mean Support 5870 remains a great possibility.by TradeSelecter1
Market SnapshotQuestions I've been asking myself lately: Is my Bank safe? If the market crashes will they survive? While they fight for survival is my money at risk being with them? Do I have enough money saved so that if my job decides my services are no longer needed my family is not immediately or permanently at risk? What's the safest vehicle to put my money in a highly inflationary environment? What's the safest vehicle in a deflationary environment? What if the price of oil doubles over the next 5 years? You really need to buy more gold and silver (not a question just talking to myself) How will I take advantage of the housing crash that's looming? Why haven't you opened a family trust yet and put all of your assets under the care of? Shortby Heartbeat_TradingUpdated 13
SP500 / Bearish Momentum is under control...S&P 500 Technical Analysis The price dropped another 1.7% and still has bearish momentum. As long as it trades below 5863, it will touch 5803 and 5781. so the consolidation will be between 5863 and 5781 till breaking, it is possible to do a correction till 5863 and then will drop. Key Levels: Pivot Point: 5835 Resistance Levels: 5863, 5894, 5932 Support Levels: 5803, 5781, 5734 Trend Outlook: Downward by stability below 5863 Bullish correction toward 5863 previous idea: Shortby SroshMayi2
S&P should trade towards 5700 now. Intraday Update: The SPX breakdown should target an equal leg move towards the 5700 level, especially given that the bounce was a shallow 38% retrace this week at 5948. Shortby ForexAnalytixPipczar112
Accumulating VOO ETF This is the ETF that I am invested in for the long haul......So, if my prediction is right, this fall to close the gap would provide a good opportunity to add more. Last night , 3% fall is pretty scary , due to Fed's announcement of rate cut so it might not play out as I had shown in this chart. That means, after closing the gap, there is a possibility that it might falls further......... Please DYODDLongby dchua19691
$SPX / $SPY Predictions for 12.20.2024🔮 ⏰8:30am Core PCE Price Index m/m ⏰10:00am Revised UoM Consumer Sentiment #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investingLongby PogChan2