SPX is going short on the 10-minute chart analysis, I used fib and it's looking like there is a start for a correcting wave i don't know if it will happen but that seems the case for me. Shortby dmosi1114
SPX500 Local Short!SPX500 went up to Retest the horizontal Resistance level of 5313 From where we will be Expecting a local Move down!Shortby kacim_elloittUpdated 9
S&P 500, US500 Market Robbery Plan To make moneyMy Dear Robbers / Traders, This is our master plan to Heist S & P 500 Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. There is two plan to heist this market, Our target is Green Zone when market comes downside that is High risk Dangerous level MA act as a Dynamic Support & Order Block, So the Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Once Bull trend is formed in the green level we can start our buy plan to heist the market in buy direction, our Target is red zone. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.by Thief_TraderUpdated 113
SPx (Correction after rally or finished) Technical Analysis of SPx the price will move under the NFP and the Unemployment rate pressure, so the movement will be huge for the indices. Bullish Scenario: For a bullish trend to emerge, the price must stabilize above 5260, potentially pushing up to 5302. If the price surpasses this level, it may indicate the start of a new bullish trend of about 5347. but right now as long as the price trades above 5347 means will try to touch 5378 as well. Bearish Scenario: if the price breaks 5347 means will drop to touch 5320 and then downward should break the support zone which is 5301 to get 5259 Pivot Line: 5347 Resistance Levels: 5378, 5400, 5423 Support Levels: 5320, 5302, 5260 Today’s expected trading range is between the support at 5301 and the resistance at 5423. Market Concentration Hits Record Levels with Microsoft NASDAQ:MSFT , Nvidia NASDAQ:NVDA , and Apple NASDAQ:AAPL For the first time since at least 2000, three U.S. stocks—Microsoft Corp., Nvidia Corp., and Apple Inc.—now account for over 20% of the S&P 500's total value, according to Dow Jones Market Data. This means that these three companies alone are worth more than hundreds of other constituents combined, as highlighted by data from Bespoke Investment Group. Historically, increasing concentration in a few large-cap stocks has often coincided with stronger overall returns for the S&P 500. However, the rapid rise in the values of these tech giants is causing some concern among investors. Even those who have been bullish are starting to feel uneasy about the growing dominance of these few stocks within the index.Longby SroshMayi9
US500RSI indicates Bearish Divergence. Which means that at any time the market trend can change to LL and LH. Shortby SohailChaudharyUpdated 8
SPX500USD ( UPWARD PRESSURE )SPX500USD Tendency the price is a long in 5,327 Turning level : The turning 5,327, so as long as the price trending above this level, there will be a upward resistance level : trade above 5,327 , the price will up to 5,375, then trending in this level it will reach a new peak support level : braking a turning level 5,327 and stable this level ,the price will reach the support level of 5,300 and 5,252 , if the price stable below 5,300 , the price change direction to the downtrend corrective level : price will attempt 5,327 , correct itself before long , then create a new historical price * if the price trading above 5,327 for this week should be reach a new historical priceLongby ArinaKarayi112
SPX - Waiting for ADP and ISM SPx The price already pushed up and reached our price we mentioned which is 5301, due to the JOLTs result was Negative results, so today also we have ADP and ISM that remain Negative results expectation, so depending on the news expected the direction should be bullish trend, However, it tries to continue its bullish trend to get 5320, then the movement will be between 5320 and 5302 Bullish scenario: as long as the price trades above 5302 means will continue the bullish trend toward 5320 and above it will be 5347 Bearish scenario: should be stabilized under 5301 to get 5260, and stabilize 1h candle under 5260 means will drop to get 5226 Pivot line: 5302 Resistance line: 5320, 5347, 5390 Support line: 5260, 5226, 5193 The price will move between Support 5284 and Resistance 5347Longby SroshMayiUpdated 8
SPX500, PLAN 05/06After finding a new ATH on Thursday May 23, the price of the S&P500 fell by 3%. I was a seller at the end of last week and the beginning of this week. However, we've now reached some interesting levels that could signal a change in trend (CHoCH). Initially, EQHs will be sought at $5302. But for me, the real CHoCH is at $5326 (the zone where I'll go back to buying). If we look at the H1 chart, we can see that the price has returned to the OTE zone before starting to rise again. This supports my idea of a potential return to the upside, and why not back to the ATH... Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think! Happy trading and a great week :) Longby InfiniteY8
SPX rising wedge into electionsClear rising wedge here supporting a slow summer meltup continuation into 5555-5638 area before election / breakdown before election Plan is to play the wedge for continued upside into 5555+ Will flip short if 5179 is lost. If 5179 falls then a short to 4750-4820 begins.by Jovan888110
Two Conflicting Patterns Form on S&P 500 During the last seven trading sessions, the S&P 500 has formed two candle patterns. With these patterns directly opposing each other, let’s explore which pattern is best placed to win out over the coming weeks. Start with the Bigger Picture Before we get into the individual price patterns, it is always a valuable exercise to zoom out on your price chart and start with the bigger picture. When we do this on the S&P 500, we see a market that has been locked in an uptrend since autumn 2023. After a deep retracement in April, the S&P 500 resumed this uptrend in May – retesting and briefly surpassing the highs reached in March. The March highs mark a key line in the sand for the short-term health of the S&P’s uptrend. S&P 500 Daily Candle Chart: Zoom Out Past performance is not a reliable indicator of future results Two Opposing Price Patterns Zooming into the daily candle chart highlights the two opposing price patterns that have formed on the S&P 500 during the last seven sessions: 1. Bearish Engulfing Pattern: On 23rd May, the S&P printed a large bearish engulfing candle which eclipsed the prior five days’ worth of trading ranges. The top of the bearish engulfing pattern now represents a key level of resistance for the market. 2. Bullish Engulfing Hammer Candle: On 31st May, the S&P formed a bullish engulfing hammer candle pattern. This pattern is a hybrid of the bullish engulfing and bullish hammer candle patterns. The low of this pattern now represents a key level of support for the market. S&P 500 Daily Candle Chart: Zoom In Past performance is not a reliable indicator of future results Which Pattern Will Win Out? Whilst we’re asking the question, the beauty of short-term trading is that we don’t need to care about the answer. The patterns have created two key levels in the market from which we can construct trade plans which represent a series of ‘if – then’ scenarios. For example: IF: the market retests the key support level created by the bullish engulfing and forms a bullish reversal pattern on a lower timeframe. THEN: I could look to initiate a long position with a stop below support. This is just one example of how you can use key levels created by higher timeframe patterns to construct trade plans that allow you to focus on executing trades on lower timeframes. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. by Capitalcom227
SPX500USD ( UPWARD )SPX500USD Tendency the price is a long in 5,327 Turning level : The turning 5,327, so as long as the price trending above this level, there will be a bullish trend resistance level : trade above 5,327 , the price will up to 5,375, then trending in this level touch a 5,400 support level : braking a turning level 5,327 and stable this level ,the price will reach the support level of 5,300 and 5,252 corrective level : price will attempt 5,327 , correct itself before long , then create a new historical price Longby ArinaKarayi4
Fed Expected to Hold Rates Amid Mixed Economic IndicatorsFed Expected to Hold Rates Amid Mixed Economic Indicators Focus on CPI Data and Rate Decision: Wednesday's U.S. Consumer Price Index (CPI) data and the Federal Reserve's interest rate decision are in the spotlight. This follows rate cuts by the Bank of Canada and the European Central Bank last week. However, the Fed is not expected to follow suit—at least not immediately. CPI Growth Expectations: U.S. CPI growth for May is anticipated to remain steady at 3.4% year-over-year. Energy prices likely declined in May as oil prices edged lower, while core CPI (excluding food and energy) is expected to decrease slightly to 3.5% from 3.6% in April. This reflects a more normal 0.2% month-over-month increase. Additionally, home rent price growth is projected to slow, alongside a decrease in the core services ex-rent measure that Fed policymakers closely monitor. In April, this measure increased by 0.4%, down from an average of 0.7% per month over the first quarter of the year. Inflation Pressure Measures: The diffusion index, which gauges the breadth of inflation pressures, has shown little improvement recently. Fed policymakers believe the current interest rates are restrictive enough to eventually bring inflation back to the 2% target. Firm U.S. employment numbers in May, including a slight increase in wage growth, indicate no immediate pressure on the Fed to lower rates. Interest Rate Outlook: Our base case scenario suggests that the Fed will not be in a position to cut interest rates until December. This assumption hinges on the expectation that economic growth and inflation will slow in the coming months. Technical Analysis: SP500 Index Outlook Weekly Chart Analysis: The SP500 index recently retested its support line at 5260, stabilizing in a bullish zone. This suggests a continuation of the upward trend towards targets of 5423 and 5500, particularly if the CPI comes in below 3.4%. Bullish Scenario: As long as the price remains above 5260, the bullish trend is expected to continue, targeting 5425 and 5500, potentially reaching a new all-time high. Bearish Scenario: For a bearish trend to emerge, the price must fall below the support line at 5260, which could then lead to targets of 5040 and 4923. Key Levels: Pivot Price: 5320 Support Levels: 5260, 5193, 4930 Resistance Levels: 5423, 5520, 5600 Trading Range: The price is anticipated to fluctuate between the resistance at 5525 and the support at 5260. Overall Tendency: The outlook appears bullish.Longby SroshMayi5
SPX Continues Bullish Trend After RetestSPX Continues Bullish Trend After Retest The SPX has completed its retest and subsequently pushed higher, maintaining its bullish trend. As long as the index trades above the key levels of 5347 and 5320, the bullish momentum is expected to continue. This week, the SPX is projected to reach the initial target of 5378, with the potential to advance further towards 5423. Bullish Scenario: the price has a bullish trend to reach 5378 as long as trades above 5347, breaking 5378 means will continue the bullish trend to get 5423 Bearish Scenario: If the price trades below 5347, it indicates a potential drop towards 5320. A breach of 5320 could further lead to 5301. Stabilizing below 5301 would activate the bearish area, with the next target at 5260. Key Level - Pivot Line: 5347 - Resistance Levels: 5378, 5400, 5423 - Support Levels: 5320, 5301, 5260 Today's Expected Trading Range: - Support: 5320 - Resistance: 5420 In summary, maintaining a position above 5347 favors a bullish outlook, aiming for higher resistance levels. Conversely, trading below 5347 suggests a bearish trend, with potential support targets at 5320 and 5301.Longby SroshMayi5
SPX 5500My median Target for the SPX is still 5500. Using channels, Fibs, Elliot Wave, and volume colored bars I show where I believe the SPX is headed for next. It just needs some more fuel.. How it gets it I'm not sure I just know its destination. I also used TA to determine we are in fact still pointed up... Remember...When things look bleakest that's when you should buy.Longby TheUniverse618112
Bearish Divergence On The S&P 500Hey! I see bearish divergence on the S&P 500. Expecting a pullback here. This will make crypto drop. Stay safe everyone. - DalinShortby High_Altitude_Investing115
Market Crash - SPX Ascending Wedge From 2018.Not only do we have bearish patterns on some shorter term time frames, but we're also seeing it on much larger term time frames as well. This is yet another ascending wedge, but this time it's one that has formed over a 5-6 year period. If it is broken to the downside, the move will most likely be substantial, but it may take a while. Analyzing a 1 week chart showing the past 20 years is a completely different story than what you would see on a 1hr chart showing the last 20 days. www.investopedia.comShortby AdvancedPlays3
S&P500 - Possible Short Term Top in. OANDA:SPX500USD is looking like its in the end of the move higher. Thursday/Friday were very slow after the early week rally even with NFPs giving things a spike. now we look for Monday to give us some clues for the next move. Option 1 - We get a move down to 5320 before one more high up to 5400 area. Option 2 - The top is in on this run from the April low and we get a deeper PB down towards 5200 followed by another ATH around 5500. Option 3 - But less likely, it holds Fridays lows and we get one more run up to 5400 then a deeper correction. Things to watch going into this week with Inflation data Wednesday/Thursday and the next Interest rate decision out of the US Wednesday were they are expected to keep things at the same level. I will also post expected intra-day movements throughout the week. Enjoy the week, watch for Monday clues. by L_FUpdated 2
USSPX ( BULLISH TREND PRESSURE )USSPX Tendency the price is a long in 5,336 Turning level : The turning 5,336, so as long as the price trending above this level, there will be a bullish trend resistance level : trade above 5,336 , the price will up to 5,375, then trending in this level touch a 5,400 support level : braking a turning level 5,336 ,the price will reach the support level of 5,300 and 5,252 corrective level : price will attempt 5,336 , correct itself before long , then create a new historical price Longby ArinaKarayi4
SP500 Index Technical AnalysisSP500 Index Technical Analysis The SP500 index appears poised for a retest of the 5320 level. A break below 5320 would likely lead the index to touch 5301. Bullish Scenario: For the bullish trend to continue, the price must stabilize above 5347. If it does, the next target will be 5375. Breaking through 5375 could lead to new record highs. Bearish Scenario: If the price trades below 5347, it indicates a potential drop towards 5320. A breach of 5320 could further lead to 5301. Stabilizing below 5301 would activate the bearish area, with the next target at 5260. Key Levels: - Pivot Line: 5347 - Resistance Levels: 5378, 5400, 5423 - Support Levels: 5320, 5301, 5260 Today's Expected Trading Range: - Support: 5301 - Resistance: 5375 In summary, maintaining a position above 5347 favors a bullish outlook, aiming for higher resistance levels. Conversely, trading below 5347 suggests a bearish trend, with potential support targets at 5320 and 5301.by SroshMayi4
$SPX Trading Range for 6.10.24 for Day Traders SP:SPX Trading Range for 6.10.24 for Day Traders So I am looking for a way to get the transcripts from my nightly video on to here but for tonight no success so if you need the video walkthrough it’s on tonight’s the video. I will work on that for sure, though!! No economic data today, but Wednesday we have CPI & FOMC, Thursday we have PPI, and Friday Consumer Sentiment and Industrial Inflation Happy Trading today, y’all!!Shortby SPYder_QQQueen_Trading2
$SPY $SPX $QQQ Analysis, Key Levels & Targets for DAY Traders AMEX:SPY SP:SPX NASDAQ:QQQ Analysis, Key Levels & Targets for DAY Traders Today’s Trading range is pretty wide — or widER than I would expect with the VIX crush we got on Friday!! 47 dollars in each direction and we closed on Friday just underneath the 30min 200MA after a WILD bounce off of the 1hr 200MA (labelled) ATH’s are in today’s trading range. Personally, I will be looking for shorting opportunities here but what are you guys looking at? A full walkthrough of today’s trading range (and all daily ranges) on last night’s video!! GL today, y’all!! Shortby SPYder_QQQueen_Trading228
Do you think this path will happen for SPx500?Hello Dears Stay with me by analyzing stock charts After the strange growth of stocks, the correction in the coming days does not seem too unrealistic. In my analysis, I used light black dotted lines, which are high in number because I want to see the reaction of the candles to these resistance areas together. I considered three goals, of course, I set a loss limit with high confidence that if the price reaches that level, we should wait for the growth of the stock price. Comment your opinion Don't forget to support my pageShortby hamidreza_FX227
Are we heading into euphoria or a technical reset?Here we can clearly see that the market structure keeps trending up, in very aggressive manners. Many technical resets have been made, and recently we went through one that lasted almost the entire Biden administration. Even though this reset is great for price action, it seems that it is quickly becoming parabolic. If price continues to behave in this manner, then we could be headed into euphoria. It's crazy to think that the yield curve has been inverted for this long. Failure to reset technicals could bring us into a period with great short term yield. This could potentially captivate novice traders to become overconfident. Start paying attention to people around you if we keep on trending upward. Is your common foe suddenly talking about stocks and investments? I personally don't feel that way yet. But I can't deny the excitement people feel of finally reaching new time highs. I'm not saying we are heading into a crash right now. But technicals and fundamentals are beginning to line up for what seems to be extreme optimism with flashing warning signs. I don't feel too confident in this market and would prefer to be buying at lower prices and see price trend up slower. A reset is necessary, or else we will be headed into an unhealthy and very violent uptrend.Longby DarkMessiah7772