us500 trade ideaUS500, high chance that correction continues until it reaches at the median line, previous swing high and strong resistance.
Once price has reached the level, we will have a nice opportunity to open a short pos.
Spx500short
US500/SPX enters into a bear market The last time this happened was in 2018 but the market some how management to rally which resulted in a false breakout.
In 2020 the market came back to this level and spiked around this area before turning into an almost 2 year rally.
2007 was a different story as market broke structure and the result was a sell of that lasted one year.
What will happen in 2022? Will the bulls take control and result in the SPX hitting another all time high.
Or will we see similar events of what happened in 2007 which resulted in a huge sell off that one year.
sell at 3898 and take profit at 3833 so 1.70% 65 full ptsoverbought short time frame
near filled/or filled the gap of 13 june
he have much power btu i not think he wil go much up than now before back to 3833 pts
if he go up like 3950 pts i not put a stop loss but add 1 lot and so when he back to my enter pts 3898 so i will cut both and will be in big gain also.. if he go up liek crazey and i m wrong so i will not be alone and it will be much crazy
SPX must close above 3800 for tomorrow to continue upWatching the close here.
Its really must close above yesterday's lows, above 3801SPX for tomorrow to continue this move.
Failing closing above 3800 wont be good going into EOW tomorrow, below 3780 will be bearish for tomorrow's open imo
Must save the day with EOD squeeze. Closing above 3825 will be perfect for tomorrow's continuation
SXP500 Index: Big game ahead. Are you ready?Today we are here to talk about the SPX 500 index
What's on the market now:
The index is trading at 3818. In the previous trading session, we saw price stabilization. However, in my opinion, although the correction actually took place from the last local maximum, the correction has not yet reached its local bottom in the region of 3780 - 3750.
Today we are waiting:
Today, I expect the market to decline to the 3780 - 3750 zone. We may see an increase in the market decline, but if the market can turn around and the correction is broken, then the market will continue to rise to the level of 4050.
What I recommend:
If you want to go short:
It is too early to open short positions now, it is better to open them from the level of 4050, limit your losses.
If you want to buy:
It is better to refuse to buy the index and stocks now, the index has not yet reached its bottom in the region of 3750 - 3700.
If there is a positive mood in the market from the level of 3750 - 3700, then you can buy, limiting your losses.
If you are not in the market:
If you are out of the market. I recommend that you try to go short around 4050. But if you want to buy, then I recommend that you go long from the 3700 level. Remember to always limit your losses.
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SPX not a bullish looking to my eyesThis is not a bullish close to my eyes, the whole day was just a consolidation.
The only good thing I see is holding 3800, so if we gap below 3799 overnight, then we will see 3760 next. Mid support is at 3780, low support is at 3734
Next support is not till 3662 and below!
Looking for that low to be bought and rally into Fri close.
Note this - closing below 3992 on monthly level will get us to 3200 next!!! So very important day tomorrow. And from where we are now its quite a distance to close above that number!
More pain is coming into the market next month! It seems that the rally will come after the July low. Im still looking at 4300+ but want 3500 to get hit first
P.S. There is a higher chance of seeing 3662SPX then 3992SPX, we are really at the no mans land now, pick you side 50/50 here. I would prefer lower first and run to 4017-20SPX after.
Its all about gaping down below 3799 and gaping up above 3840SPX tomorrow
SXP500 Index: Reversal of the 3750 - will it be?Today we are here to talk about the SPX 500 index
Today: The index is trading at 3821 and in the last trading session we saw the development of the correction I talked about earlier. Here is a link to the idea.
Today at the beginning of the trading day I expect the stabilization of the movement, and then the subsequent movement of the price to the level of 3735 - 3700. I believe that the market has dropped to the zone 3750 and there will try to turn to 40 00. However, if the market of this level, further market movement in the zone 3550 - 3480 is possible.
Today we are waiting for:
Today, as yesterday, I expect the market to decline in the zone 3780 - 3750, but if this trend is broken, the market will continue to grow to the level of 4050-4000
What I recommend:
If you want to open the short:
It is better to open short positions from the level of 4010 - 4050, but limit your losses.
If you want to buy:
Buying is too risky now. However, if the market is a positive scenario, you can enter the market from the level of 3750 - 3700.
If you are not in the market:
If you are out of market. I recommend you open short positions from the level of 4010 - 40 50. But if you want to buy, I recommend you to open a long position from the level of 37 00.
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Analytics spx 500 index: Complex correction, new look.Today we are here to talk about the SPX 500 index
Today: The index is trading at 3900 and yesterday we saw the stabilization of the market that I expected earlier. Here is a link to the idea.
Today I expect a continuation of the developing correction. However, this will not be a real sharp drop, although the decline will be significant. I believe that the market has fallen to the 3750 zone and will try to turn around there to go to 4000. This will be the positive scenario that I talked about yesterday. However, such a development, although it is joyful in itself, does not cancel the further correction to the 3550 - 3480 zone. But this is still about the future, but today I am waiting for the next one.
Today we are waiting:
Today, I expect the market to decline to the 3780-3750 zone, however, if this trend is broken, the market will continue its growth to the level of 4050-4000
What I recommend:
If you want to go short:
It is better to open short positions from the level of 4010 - 4050, but limit your losses.
If you want to buy:
Buying is now too risky in the market. However, if there is a positive scenario on the market, then you can enter the market from the level of 3700. If you want to buy, it is better to wait for a favorable price.
If you are not in the market:
You can try to go short from the 4010 level or wait until the market hits a local low around 3700 and then buy, but limit your losses.
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500 index: Russia's default is a new challenge for the markets.Today we are here to talk about the SPX 500 index
Today: The index is trading at 3911 and we saw a sharp rise yesterday. During the last trading session, the market moved into the expected zone at the level of 3850 and consolidated significantly above it. Here is a link to the idea.
Today: I expect the development of a correction in the market and price stabilization. However, if this does not happen and there is a positive mood in the market, then the level of 4050 will become the closest zone to a reversal.
Today we are waiting:
Today, I expect the market to stabilize. Possibly with rap at its opening.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 40 50, but limit your losses.
I continue to hold a short position from 3850 and advise everyone to limit your losses.
If you want to buy:
Buying is now too risky in the market. If you want to buy, it is better to wait for the market bottom around 3550 - 3480 and buy there.
If you are not in the market:
You can try to go short from the 4050 level or wait until the market bottoms around 3550 - 3480 and then buy.
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ES is at Bull/Bear lineES is at Bull/Bear line, hit 110 MA and 50% retracement. A real test of who is in charge is right here.
As well as ABC move up with perfect 100% extension hit on the SPX close.
Jumping over the 110MA and test from the above will be a good sign of continuation of this move.
There is also a possible fakeout to watch.
A perfect place for a pause of this move up and some retracement.
An ABC move up to 4017SPX or so is what Im looking for with A being done and we get to test 3730-40 zone before the continuation higher.
Ideally we see the whole move going into the 4th of July weekend!
Im slightly short as of close, kinda risky trade as this can just continue extending to 1.618
Will send a separate email with more charts to those who are on the email list.
Enjoy your weekend, lots of volatility is coming after the 28th, so prepare for huge moves both ways
SPX must close the gap or it will be very bearish imoSo far so good from yesterday's update, we gaped up and the longs must be very profitable to those who followed.
Must close the gap today or Monday, otherwise this could be a stop run and the target will be 3585-90SPX (fibs agree if we top here)
Otherwise another breakout on Monday would do it and the main resistance is at 3970-90SPX, which will be heavy shorted by me
Watching the close of the gap now, which is super close @ 3900.16
SPX 500 index: local peak at 3850 - key turning point: Today we're here to talk about the SPX 500 index
Today: The index is trading at 3795 and yesterday we saw the market attempt to move up to the 3850 level. Here is a link to the idea. Today, market participants will continue to push the market to the 38 50 zone. Where I expect the formation of a new local peak.
Today we are waiting:
Today, like yesterday, we are waiting for an attempt to move to the level of 3830 - 38 50.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 38 35, but limit your losses.
If you want to buy:
Buying now is too risky. If you want to buy, it is better to wait for the bottom of the market around 3550 - 3480 and buy there.
If you are not in the market:
You can try to go short from the 3835 level or wait until the market bottoms around 3550 - 3480 and then buy.
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Also remember to contact me in 2 or 3 days for further trading advice.
Don't forget to like it, it really motivates me to share my market knowledge and subscribe to me, and you will always be aware of the movement of the SPX 500 index.
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SPX 500 index: On top of the hill - Last attempt to take 3850. Today we're here to talk about the SPX 500 index
Today: The index is trading at 3759 and in the last two trading sessions we have seen a move towards my previously anticipated target zone at 3785. Here is a link to the idea. Currently, the market is in the equilibrium zone, where participants must decide where the local peak will be. There is still a possibility of price movement to the level of 3830-3850 on the market, but this isn't necessary.
Today we are waiting:
Today we are waiting for an attempt to move to the level of 3830 - 3850. There is a probability of such an event on the market, but this probability is not high, and if this attempt is broken, then I expect a sharp movement to 3550 - 3480.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 38 35, but limit your losses.
If you want to buy:
Buying now is too risky. If you want to buy, it is better to wait for the bottom of the market in the region of 3550 - 3480 and buy there.
If you are not in the market:
You can try to go short from the 3835 level or wait until the market bottoms around 3550 - 3480 and then buy.
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Also remember to contact me in 2 or 3 days for further trading advice.
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500 index: On the way down - ready for the bounce: Today we're here to talk about the SPX 500 index
Today: The index is trading at 3674 and we saw stabilization in the last trading session. Now the market is in the zone of consolidation with subsequent exit from it to the level of 3550 - 3480. Negative phenomena continue to be observed on the market. Bulk sales are still ahead.
Today we are waiting:
Today we are waiting for an attempt to move to the level of 37 40 - 37 85. The last trading session was only able to consolidate market participants. But if this attempt is broken, then I expect a sharp move to 35 50 - 34 80
What I recommend:
If you want to go short:
It is better to open short positions from the level of 37 85, but limit your losses.
If you want to buy:
Buying now is too risky. If you want to buy, it is better to wait for the bottom of the market around 3550 - 3480 and buy there.
If you are not in the market:
You can try to go short from the 3785 level or wait until the market bottoms around 3550-3480 and then buy.
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SXP 500 index: New pivot point Today we're here to talk about the SPX 500 index
Today: The index is trading at 3666 and in the last trading session we saw a sharp drop from the local high that I mentioned earlier, here is a link to the idea. Now is the worst time to buy in the market. The market is still waiting for big sales.
Today we are waiting:
Today we are waiting for an attempt to move to the level of 37 40 - 37 85. But if this movement is broken, then we will see a further fall of the market to the level of 35 50.
What I recommend:
If you want to go short:
It is better to open short positions from the level of 37 40 - 37 85, but limit your losses.
If you want to buy:
Shopping now is too risky. If you want to buy it is better to wait for the bottom of the market around 35 25 and buy there.
If you are not in the market:
You can try to go short from the 37 85 level or wait until the market bottoms around 3550-3500 and then buy.
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Also remember to contact me in 2 or 3 days for further trading advice.
Don't forget to like it, it really motivates me to share my market knowledge.
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SPX resuming decline to 3500 from H&S patternAfter a traceback and hitting neckline resistance, the SPX rapidly resumed its decline to the head and shoulders break target of 3500 as shown on this chart.
Failing to hold that line will result in a further decline to the 3200 level.
Looking at overwold RSI WEEKLY levels, i would venture to guess that we'd see a bounce (to what extend, i do not know) around either of these two areas.
But in order for there to be a complete reversal, we will need to see the VIX hit 50 or higher before there is total capitulation.
But without this, we may see continued, griding decline.
We also want to see a rise of RSI off the bottoms in order for this to happen as well.