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
Nvidia Drives S&P 500 Market Cap Surge with 36% ContributionThe price has reached our target, as mentioned yesterday, with a gain of +1.20%, approximately $60. The SPX has recorded a new all-time high and continues to gain. It may retest down to 5347 before pushing up to 5378. Overall, it could potentially reach 5320 if it stabilizes below 5347. As long as it trades above 5320, an uptrend towards 5423 is expected. Bullish Scenario: If the price trades above 5347, it will continue its bullish trend toward 5378, and above that, it could reach 5423. Bearish Scenario: If it stabilizes below 5347, it may drop to 5320. Stabilizing below 5320 on a 1-hour candle could lead to a decline to 5301. Pivot Line: 5347 Resistance Lines: 5378, 5400, 5423 Support Lines: 5320, 5302, 5260 The price is expected to move between the support level of 5320 and the resistance level of 5423. previous idea: Nvidia Drives S&P 500 Market Cap Surge with 36% Contribution in 2024 Shares of US-based chipmaker Nvidia Inc. have had a stellar 2024, soaring nearly 150% and reaching new all-time highs. This impressive performance has significantly contributed to the $4.49 trillion (12%) increase in the S&P 500’s market capitalization, which now stands at $47.16 trillion. Nvidia’s remarkable gains have been a major driving force behind the S&P 500’s record-breaking achievements. The chipmaker's contribution alone accounts for 36% of the index’s market cap surge this year, highlighting its pivotal role in the broader market’s upward trajectory. In addition to Nvidia's impact, the S&P 500 has been bolstered by favorable economic indicators, including cooling jobs data, which has alleviated some inflationary pressures and supported continued market growth. As the S&P 500 hits new records, Nvidia's milestone of reaching a $3 trillion market cap underscores the significant influence of leading tech companies in shaping market trends and driving substantial gains across the board.Longby SroshMayi10
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
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
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
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
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
US500RSI indicates Bearish Divergence. Which means that at any time the market trend can change to LL and LH. Shortby SohailChaudharyUpdated 7
Bearish divergences building up everywhereEven though the SPX has broken to new all time highs (led by the nasdaq), it is not being supported by the internals. This might quite likely be a false breakout. Short04:21by markethunter888113
SPx (JOB OPPERTIOUNITIES) Strong Volatile Technical Analysis of SPx The price dropped from the price we mentioned in the previous idea and already stabilized under the support line which is 5260, so it is possible to touch 5226 and 5193 as well, Bearish Scenario: As long as the price remains below 5260, it is likely to decline towards 5226. 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. Pivot Line: 5260 Resistance Levels: 5301, 5321, 5350 Support Levels: 5226, 5193, 5170 Today’s expected trading range is between the support at 5193 and the resistance at 5320.by SroshMayiUpdated 7
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
$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
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
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: supported by jobs data Increasing unemployment is not suggesting that the economy is in its perfect shape, however, under current circumstances, markets are reacting positively to such news. This comes from their optimistic view that the rise in unemployment would push Fed officials to decrease interest rates and in this sense, create better conditions for the future growth of the economy. The S&P 500 started the previous week at the level of 5.238, however, during the week was in a bullish mood and hit new ATH on Friday's trading session, after posted jobs data in the US. New highest level reached was 5.371. The index is closing the week at the level of 5.346. This was another winning week of the index, with a weekly gain of 1.32%, supported by macro data and also robust corporate earnings, and tech companies. The week ahead brings FOMC meetings and rate decisions. Also Fed`s economic projections will be discussed. This might bring back some volatility on the markets, especially if Fed Chair Powell communicates any new information that the market did not price in the previous period. However, for the moment, investors' optimism still holds strongly over the course of the US economy in the coming period. by XBTFX4
Bearish Divergences everywhere part 2 Global indices are are not supporting this recent break to new all time highs (by the American indices). This is a negative divergence which is a warning sign as per historic signals. Short06:03by markethunter8883
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
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_F2
SPx-Stocks Set to Open Higher on Rate Cut Bets and Key Jobs DataStocks Poised to Open Higher Amid Increased Rate Cut Bets and Key U.S. Jobs Data U.S. rate futures indicate a 0.1% chance of a 25 basis point rate cut at the Fed’s monetary policy meeting later this month and a 14.5% probability of a 25 basis point rate cut at the July meeting. The highlight of the upcoming week will be the U.S. Nonfarm Payrolls report for May. Additionally, market participants will be closely monitoring other economic data releases, including U.S. JOLTs Job Openings, Factory Orders, ADP Nonfarm Employment Change, S&P Global Composite PMI, S&P Global Services PMI, ISM Non-Manufacturing PMI, Crude Oil Inventories, Exports, Imports, Initial Jobless Claims, Nonfarm Productivity, Unit Labor Costs, Average Hourly Earnings, Wholesale Inventories, and the Unemployment Rate. Technical Analysis of SPx The price is likely to attempt to reach 5306, after which it is expected to follow a bearish trend towards 5260. Overall, the price is anticipated to consolidate between 5306 and 5261 until a breakout occurs. Bearish Scenario: If the price remains below 5306, it is likely to decline towards 5260. Bullish Scenario: For a bullish trend to emerge, the price must stabilize above 5320, potentially pushing up to 5347. If the price surpasses this level, it may indicate the start of a new bullish trend with further gains. Pivot Line: 5305 Resistance Levels: 5320, 5347, 5390 Support Levels: 5260, 5226, 5193 Today’s expected trading range is between the support at 5260 and the resistance at 5320. Shortby SroshMayiUpdated 9
SPX ( ADP_ ISM )USSPX500 Tendency the price is under bearish pressure between 5,302 and 5,319 Turning level : The turning level between 5,302 and 5,319,so as long as the price below this level, there will be a bearish trend resistance level : Breaking the turning level 5,319 , the price will rise to 5,342, as long as the price stabilize this level ,there will be a new peaks support level : The trading stabilizing below 5,319 , the price will reach the support level 0f 5,241 and 5,193 corrective level : price will attempt 5,319 , correct itself before falling Economic :For today we have some news that will affect the market trend, such as ADP-ISM Shortby ArinaKarayi3
SPX500 Local Short!SPX500 went up to Retest the horizontal Resistance level of 5323.37 From where we will be Expecting a local Move down !Shortby kacim_elloittUpdated 2216