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Us500

Index struggles at Fibonacci resistance amid concerns.The index appears unable to break through its Fibonacci resistance, which is expected given the prolonged impulsive trend and upcoming elections, alongside rising 'no landing' fears. Earnings reports are solid, and with financials (XLF) looking strong, I'm not concerned. The financial sector often serves as a leading indicator for the broader index, so I view the current 2-3 week stagnation as normal. I still see the biggest opportunity in the AI narrative, and will look to buy during pullbacks.
AMEX:SPYLong
by Tolgaun6
DreamAnalysis | SPX500 at a Crossroads Key Trading Strategies✨ Today’s Focus: SPX500 (US500) – A Key Market Driver We dive into recent price movements and analyze critical market levels to identify potential trends. 📊 Current Market Overview: The price is currently consolidating within the Previous Weekly Range, showing little movement for now. However, it's important to note that the Previous Month's High (PMH) has already been taken, and the market needs to accumulate more liquidity before making a decisive move—hence the consolidation. 🔴 What to Expect: Short-Term vs. Long-Term Scenarios We'll explore both short-term and long-term outlooks, offering insights into bullish and bearish possibilities for day traders. 🗣 Short-Term Outlook: In the short term, we may see a retracement into the Fair Value Zone or the Equilibrium (50% of the range). However, without significant information from higher timeframes, it's best to wait for lower timeframe confirmations before entering a trade. 🗣 Long-Term Outlook: From a long-term perspective, the price may dip lower to absorb sell-side liquidity before continuing its upward trend. 🕓 Key Levels to Watch: Keep an eye on these levels, which could impact price action: - PMH: Previous Month High - PML: Previous Month Low - PWH: Previous Week High - PWL: Previous Week Low - BSL: Buy-Side Liquidity - SSL: Sell-Side Liquidity - Daily FVG: Fair Value Gap (Imbalance Zone) These levels highlight potential liquidity absorption points and areas where price might rebalance. Fair Value Gaps (FVGs) are key zones for potential retracement before the market resumes its trend. 🔔 1Hour Outlook: 📈 Bullish Scenario: For a bullish setup, we need the Previous Week Low (PWL) to be taken out, or we can use the lower timeframes to identify Sell-Side Liquidity (SSL) levels. Once price sweeps these liquidity levels, we can look for an entry model to target the Buy-Side Liquidity, such as the Previous Week High (PWH). 📉 Bearish Scenario: On the bearish side, lower timeframes are already offering potential entry models. With the monthly high (PMH) taken and a Smart Money Technique (SMT) divergence with the NASDAQ (US100), there’s a strong confluence for bearish continuation. 📝 Conclusion: Stay flexible as market conditions shift. Monitor these key levels and setups closely to fine-tune your strategy and seize high-probability trading opportunities. 🔮 Looking Ahead: Keep following as we track developments in NASDAQ, DXY, EUR/USD, and other major markets. Timely insights will be provided as trends unfold. ⚠️ Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always perform your own research and consult a licensed financial advisor before making any investment decisions.
CAPITALCOM:US500
by DreamAnalysis
S&P500 Has it topped?The S&P500 index (SPX) is ahead of critical crossroads for the short-term as the Bullish Megaphone pattern that is in effect since April 01, is showing strong signs of topping. Even though the price isn't on the top (Higher Highs trend-line) of the Megaphone, the 1D MACD formed a Bearish Cross today and practically is repeating the sequence of the index' previous Leg from April 19 to July 17, which ended also on a MACD Bearish Cross. As you can see besides the Bearish Cross, even the price action between the two fractals has gone through very similar phases. The current Bullish Leg is in the form of a Rising Wedge. Despite the Bearish Cross, the trend remains bullish within this pattern until the Wedge's bottom breaks. As a result, it is more likely to see at least 6000 next. If however the price breaks below the 1D MA50 (blue trend-line), we will have a confirmed sell signal at hand, based on which we will short and target 5600. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500
by TradingShot
S&P500: Best buy entry the 4H MA100.S&P500 is bullish on its 1D technical outlook (RSI = 62.185, MACD = 62.800, ADX = 52.249) but neutral on 4H, which given the long-term bullish trend, has started to ring the first buy signals. Technically though, a better opportunity would exist on the 4H MA100 and not the 4H MA50 which was just tested. In fact, the last HL of the 5 week Channel Up was priced on the 4H MA100 when the 4H RSI broke under 40.00 (bearish). We will buy when those conditions are fulfilled and aim for another +3.50% rise (TP = 6,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
7
US500 continues to trade around the all time highs.SPX500USD - 24H EXPIRY Price action continues to trade around the all-time highs. Posted mild net daily gains but all trading confined to the previous days range, an indecisive Inside Day. The 261.8% Fibonacci extension is located at 5901 from 5682 to 5766. Due to an Ending Wedge formation, we continue to treat extended gains with caution. Reverse trend line resistance comes in at 5898. We look to Buy at 5848 (stop at 5823) Our profit targets will be 5898 and 5905 Resistance: 5892 / 5898 / 5901 Support: 5848 / 5770 / 5766 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDLong
by OANDA
S&P Bulls Hold Strong, But Is a Market Cooldown Coming?Last week wasn't particularly remarkable. Despite two bearish attacks (on Tuesday and Thursday), buyers still managed to push the market to a new historical high. It was somewhat concerning that they couldn’t sustain the high for even an hour after the open, but since the bearish movement didn’t gain momentum on Friday, the bulls still have the upper hand. We may see some consolidation in the upcoming weeks, as there are signs that the rally is approaching exhaustion (weakening of upthrust, weekly RSI entering the overbought zone, weakness in XLK). However, this market has repeatedly demonstrated its resilience and ability to exceed expectations. The long-term outlook remains bullish, but given these signals, it would be prudent for buyers to downsize their positions and refrain from selling PUTs. Mind TSLA report on Wednesday as it can cause some volatility and act as a trigger.
AMEX:SPY
by hermes_trisme
S&P500 If it holds this level, it can rise up to 6050.The S&P500 index (SPX) had a strong short-term pull-back yesterday, which is so far contained within the tight levels of a Channel Up pattern. The price is right at the bottom of it and if it holds, we can expect a strong rally continuation for the next 2 weeks, going into the U.S. elections. This sequence is so far similar to the previous Channel Up patterns that emerged after the price broke above the 4H MA50 (blue trend-line). Once broken, it held right until their tops, which were after a +6.50% rise. This is why, if this holds once more, we expect to see 6050 (+6.50% from the bottom) by the end of the month. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500Long
by TradingShot
1
S&P500 Major bullish break out took placeThe S&P500 index broke above the Rising Resistance that was the top trendline of the Rising Wedge. This transitions the price action from that pattern to the Channel Up, which has significant upside potential at the moment. Trading Plan: 1. Buy on the current market price. Targets: 1. 6080 (+7.25% rise, same as the last rally). Tips: 1. The RSI (4h) is overbought so expect the momentum to turn sideways for some days but that doesn't mean that the uptrend will stop. Similar thing happened during the previous bullish wave. Please like, follow and comment!!
CAPITALCOM:US500Long
by TradingBrokersView
S&P500 Consolidation almost over. Prepare for 6300 end of year.The S&P500 index (SPX) has been consolidating for roughly the past 3 weeks, significantly above its 1D MA50 (blue trend-line), which indicates that the long-term trend is not in danger. In fact, we believe that it has already entered a Channel Up structure, similar to November 2023 - March 2024. As you can see, in late November 2023 the index was also consolidating way above its 1D MA50 after a strong recovery from a -10.90% correction. This time the consolidation is exactly at the top of the previous High while then it was exactly below it. The 1D CCI sequences between the two fractals show that we are on the exact same position, posting bearish divergencies on the price's consolidation. As a result, we expect a smooth Channel Up expansion towards the end of the year (quick exception the natural volatility around the U.S. elections day) and our Target is 6300, which is the 2.0 Fibonacci extension level. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500Long
by TradingShot
7
Using VIX futures to manage equity risk over the US Election One-way traders can look at expected volatility and movement in the S&P500 over the US election volatility is by looking at the premium or the differential that VIX October futures hold over VIX November futures. Because the VIX index takes in a series of S&P500 options strikes that blend to create a 30-day implied volatility, the October VIX futures essentially looks at S&P500 volatility over the November US election. Therefore, the higher the premium for VIX October futures over November futures, the greater demand for volatility over the election and the greater the implied movement in US equity markets. This can be useful for traders who look at event risk and consider the propensity and extent of movement, and whether they want to hold exposures over that risk. The code in TradingView to use is - VXV2024-CBOE:VXX2024
CBOE:VXV2024
by Pepperstone
S&P500: Identical so far with 2018/20. October rally possible.S&P500 just turned bullish on its 1D technical outlook (RSI = 57.810, MACD = 53.820, ADX = 46.107) and that should give a new boost to the already bullish 1W timeframe (RSI = 63.805, MACD = 167.870, ADX = 40.687), which showcases the long term trend. And that long term price action can't be shown more effectively than on the 1W timeframe. We have spotted that the index is repeating the 2018-2020 trend. Starting with a Channel Down under the 1D MA50, the index recovered massively and when it slowed down on a Channel Up, the 1W RSI turned ranged. We are now where the past fractal started rising aggressively again on the October 21st 2019 1W MACD Bullish Cross, as last week it completed a new such Cross. With the support of the 1W MA50, it is more likely now to see a strong rally to the 2.5 Fibonacci extension, where the 2020 fractal abruptly stopped with the COVID market meltdown, which is an event that can't be put into chart analysis. This pattern shows that we have a clear target for early 2025 on the 2.5 Fib (TP = 6,500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:SPXLong
by InvestingScope
S&P bulls maintain control but no initiative yetLast week was characterized by controlled selling, with prices drifting down slowly as the market awaited the unemployment data released on Friday. As we can see on the daily chart, sellers were unable to close the day below the previous day's low, even after a significant sell-off on Tuesday. Once the unemployment data was published, alleviating concerns about a potential recession, the bulls regained control, and the week closed on a positive note. The next key objective for buyers is to break through the resistance around 574.7 . Given that this level has been retested multiple times, it's unlikely to hold. However, we still need to closely monitor the price's reaction to this level and observe what happens immediately after the breakout. The long-term outlook remains bullish. In the short term, there is still a high possibility that prices will continue consolidating within the 565–575 range , as the market remains influenced by political uncertainty in the U.S.
AMEX:SPY
by hermes_trisme
SPY 09/13Perfect followthrough, right on track for the blow-off top idea. Stoploss and TP are approximate and not recommendations. Expect volatility. Disclaimer: This idea is not intended as investment advice and should not be interpreted as an offer to sell or a recommendation to purchase any asset. Any decisions made based on the information presented in this idea are the sole responsibility of the individual. All investment decisions should be made independently, taking into account your financial situation and objectives.
AMEX:SPYLong
by variable_not_defined
S&P500 Fractal from 2019 points to a 6100 rally.The S&P500 (SPX) is absorbing all the negative news on the recent geopolitical unrest in the Middle East and could post its first red week after a streak of three green 1W candles. This shouldn't however make us lose our long-term perspective and a fractal from 2018 - 2020 comes to remind us why. As you can see, the 1W RSI sequence from July 24 2023 until now, is quite similar to the one from October 01 2018 - September 30 2019. The price actions between the two fractals are also similar. Both started with a bottom on (or near) the 1W MA200 (orange trend-line) and transitioned into a Bullish Megaphone. After the September 30 2019 Low, the index resumed the uptrend within a (green) Channel Up, which extended higher up until the COVID crash, which is of course a 1-in-100 year Black Swan event that couldn't have been predicted. If it weren't for that, the market would have at best tested the 1W MA50 (blue trend-line) for new buyers and then extended the bullish trend like it did after June 2020. In any case, we expect a similar behavior with a bullish continuation of +25.50% from the last Low (-3% lower like the 2019 rise was from its previous Bullish Leg). This gives us an end-of-year Target around 6100. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500Long
by TradingShot
S&P500 Consolidation before the next leg to 6000.The S&P500 index / US500 may have pulled back a little today but on the long term pattern, which is a Rising Megaphone, it only shows that it turned sideways. This ranged trading, is the consolidation that the previous leg up did after rebounding on the 0.618 Fib and the 1day MA50. The index is possibly repeating this pattern so what's next is a rally to the 1.618 Fib extension. Buy and target 6000. Follow us, like the idea and leave a comment below!!
CAPITALCOM:US500Long
by TheCryptagon
SPX500 intraday dips continue to attract buyers.US500 - 24h expiry Buying pressure from 5714 resulted in all the initial daily selloff being recaptured. Broken out of the channel formation to the upside. Price action continues to trade around the all-time highs. Dips continue to attract buyers. We look to set longs in early trade for a further test of the fragile looking resistance. Our profit targets will be 5785 and 5800 Resistance: 5780 / 5784 / 5800 Support: 5745 / 5730 / 5714 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDLong
by OANDA