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Spx500long

SPx 4H : Above 4395 will be more bullish SPx New forecast The price of the index rose yesterday and some positive trading appeared to stabilize above the level of 4353, trying to confirm the positive continuity and reaching 4395, which in turn currently constitutes a new resistance and stability above it will facilitate the task for the price to reach 4427 and 4445. Therefore the uptrend scenario will be remain valid and effective supported by moving average 50 that is continue to support the price towards higher , but to confirm the bullish trend should stable above 4395 and then our target will be activate , taking into account that stabilized under 4353 will force the price to make a correction before any new high. The expect range trading for today it will be between the resistance line 4395 and support line 4353. Additionally Today ,New York sessions will affect on the Indices . support line : 4370 , 4353 resistance line : 4395 , 4427 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:SPX500USDLong
by Arazmajeed
7
SPx500 remains positiveThe index price offered some recent positive trading yesterday , trying to confirm continued positive with repeated stability above support The above calls us to wait for the price to gather additional positive momentum to facilitate the task of surpassing the 4383 level and reaching the next key target positioned at 4402. Pivot Price: 4383 Resistance Price: 4402 & 4423 & 4464 support price: 4353 & 4328 & 4298 The general trend expected for today: bullish timeframe: 4H
OANDA:SPX500USDLong
by Evar_Mayi
SPx 4H :Above 4370 will support to rise SPx New forecast The price perfectly fulfills my last idea and price reached to our target +150 pip . The index price rose last week and reached to our targets and confirmed its move towards the upward path by rushing above the 4321 level. We expect the price to resume the upward attack, waiting for stability above the 4370 level to confirm the continuation of the upward trend. Therefore the upward scenario will be remain valid supported by moving average 50 ,but to confirm the bullish trend should stable above 4370 and then our target will be activate and will reach to 4395 and 4427, taking into account that breaching the support level 4354 will force the price to formed the negative correction and then will rise up . The expect range trading for today it will be between the resistance line 4395 and support line 4341. Additionally Today ,New York sessions will affect on the Indices . support line : 4354 , 4341 resistance line : 4370 , 4395 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:SPX500USDLong
by Arazmajeed
10
SPx 4H :Support further rise SPx New forecast The price of the index rose in yesterday’s trading with strong positive pressure as a result of its repeated stability above the support represented by the level of 4205. We notice the formation of an upward impulse, thus compensating for some of the losses achieved recently, to exceed the stable barrier near 4230. Therefore the upward trend scenario will be remain valid and effective supported by moving average 50 that is continue to support the price to rise up We will begin to expect more bullish corrective attempts, which may soon target the 4300 level, and surpassing it will reach 4325 also it is possible to do retest to 4230 and then rise up. The expect range trading for today it will be between the resistance line 4300 and support line 4230. Additionally Today ,New York sessions will affect on the Indices . support line : 4230 , 4205 resistance line : 4300 , 4325 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️h
OANDA:SPX500USDLong
by Arazmajeed
14
The S&P500 is preparing for an insane rallyHello Traders and Investors, My name is Philip and I am a German swing-trader with over 4 years of trading experience. I only trade the higher timeframes, preferably the monthly chart, because this allows me to capitalize on the major market swings. I view trading as a long term game over the next 20 years which will help me to build massive wealth - it is not a get rich quick scheme. ------------------------------------------------------------------- Today I want to share with you my outlook on the S&P500: Over the past almost 15 years the S&P500 has been respecting a super simple bullish trendline. Always when the S&P500 tested this level, we saw a major rally towards the upside. And now the S&P500 is about to retest this trendline again and I do expect another push higher. ------------------------------------------------------------------- Most of the people always follow the quick money. But the quick money is never the big money. They think that making 5% a month consistently is reasonable, which is one of the reasons why so many traders fail. The only think which you can control is your risk, everything else is unknown. Keep your long term vision!
SP:SPXLong
by basictradingtv
43
SPX is in an uptrend now Let's be honest. SPX is in an uptrend now. The price has been creating higher lows and higher highs. The downsloping trendline which was acting as a strong resistance in March 2023 was retested and confirmed as a support. Since then the price has been in the uptrend and in our opinion we are at the early stage of the new BULL MARKET. Yes, you hear it right: BULL market. The price remains above the ichimoku cloud and it looks like it's breaking the horizontal resistance. It will take time for a price to recover but let's be clear here: we don't expect new lows on SPX. There will be more corrections and pullbacks but overall 4800 -5000 is a target which in our opinion we may see in 2024/2025 What do you think? Do you agree? Leave your comment :)
SP:SPXLong
by vf_investment
12
If the S&P500 is to bounce, surely it should be today?We all know that global indices have been under pressure whilst the US dollar and bond yields scream higher. But with the S&P 500 respecting key levels of support and forming a bullish hammer on Wednesday, perhaps it is time for at least a sympathy bounce? Furthermore, the hammer low perfectly respected trend support and closed above the 200-day EMA, with a bullish RSI (2) that curled higher from oversold and the RSI (14) is itself nearing oversold. We're not looking for a strong risk-on rally, but a small bounce (perhaps towards the August lows of 4400 gap resistance level) may not be such a crazy idea. At which point we could seek evidence of a swing high and a potential break of trend support. Naturally, an immediate break of yesterday's low would also invalidate trend support and likely signal its next let lower.
TVC:SPXLong
by CityIndex