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US500SHORT

The Bats are Looming "S&P500 US500 Short"Hi Everyone, Im very new. I just started trading recently, and only started learning technical patterns 2 weeks ago. Which is why i was surprised when i noticed something on the S&P500 that made me wonder whether i was doing something wrong, or has i just learnt the right patterns at the right time! There are alot of Bearish Patterns colliding 1. On the Short Term We have a Head and Shoulder / Double Top forming for April of 150 Points Height, if complete will result in a drop to 2650 2. From Mar 09, at 3100 (After the pullback from the 3400 drop zone) we formed a Bearish Harmonic Bat that is at point D with a 61.8% retracement at 2600 Zone! 3.From the Highs of 3400, we are forming another harmonic Gartley which traces the 2950 zone as leg B, the retrace of which also lands at 2600 Zone! 4. Elliot waves drawn from the base of decline indicate a C Wave Coming (Alternately on the larger frame it also shows 5 complete, going next to A, i cant be sure because im not the best with Elliot Waves) Since i don't see enough Fundamentals to warrant a large drop here is my Guess: Current TP: 2600 Zone Next 2 Weeks: News about the bad job numbers, China PEG Fears, China-US trade deal rumors, and the crash in oil price to around 15$ again will take the market down to 2600. Next 3-4 Months after that: Positive Virus Cure development news, Agreement on China-US trade deal, Oil Bounce back, and Economy Reopened will bring back the markets to around 3150. (At this point the larger Gartley Chart Completes) or it goes to 3400 to start the W After Elections : Covid Wave 2 + Economy not picking up + high unemployment still a concern + Debt and Bankruptcies + No more QE available brings the economy crashing down to a minimum of 1600-2200 As a new trader, im looking to learn and would love to hear your feedback. Also i would love to know, if this instance that i speak of turns true what happens with the USD/JPY. It falls right?
SShort
by adityag92
1
short #sp500 at 3180 with tp 1 at 3155 and tp 2 = 3130a very small correction sceneraio even we' think about Xmas rally i keep my position if he go to 3200 i add 1 lot and add a tp 3 at least at 3100 and 3035 my finak coz in fact the deal are not what expected marke and i bet on a TOP now or a bit up if market still wanna rally for xmas if market push up stock fpor free as he bought already the rumours and the new are done and lower than expected will mean its politic control the pmarket and this i no wantr to believe
OANDA:SPX500USDShort
by corsicasia
Short at 2942 with 3 target short term to 28201 - the eco data are worst more than expected 2- he like filled THE big gap 3 - he traced 61.8 fibo from the #COVID19 krach ,my target are not so far so i think its a good timing and a good trade with good gain to try 4 - he up much on Gilead treatment but in fact even a Vaccin will not erase what the economy is now and all her drama economic data like pmi ,Gdp and co so central bank are here but reality should back may i enter a bit early if is the case i will add 1 lot and update..also i will update down my target if he up much for now the stop lost is up to you i made it for me at 3010 yep is a bad ratrio but of course if he go there i will add 1 lot and so get more profiot when he will fall and also surely doiwn my target to 2700 even more...the level is unrealistic..cental bank cant replace economy even if market right now near mean nothing as is a big game ,liek lottery and annalysis near mean nothing coz of central bank and trump tweet
OANDA:SPX500USD
by corsicasia
SPX500 SELL SIGNAL Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Market-Sell: 2796,00 Stop-Loss: 2830,00 Target 1: 2759,00 Target 2: 2727,00 Target 3: 2680,00 Stop-Loss: 34 pips Risk: 1-2% Risk-Reward: 2,57 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
5
S&P500 SELL SIGNALHey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Type: Day-Swingtrade Market Sell: 2630,00 Stop-Loss: 2703,00 Target 1: 2566,00 Target 2: 2541,00 Target 3: 2477,00 Stop-Loss: 73 pips Risk: 1-2% Risk-Reward: 2,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
S&P500 Possible Reversal ZoneHey guys, Kind of new here but I thought I'd throw this up as my first post to see what people thought about situation we're in right now. From a technical standpoint, the 2600-2700 range looks pretty tough to me for the following reasons: - Elliot Wave Theory . Four of the five waves that make up an Elliot wave have been completed, it is not unexpected that another should follow soon to continue into the downtrend. - 20 EMA Touch . The S&P500 is yet to touch the daily 20 EMA since the downtrend began, but I'm sure it will provide some kind of resistance. - Daily Trend line . This trend line is still fresh and yet to be tested. Although, it should be noted that the trend line is very steep and even if the S&P500 does continue to respect that trend line, it would be surprising for it to keep falling at that rate (~800 points/month) in the future. - 0.382 Fibonacci Retracement Level . The Fibonacci retracement level 0.382 lines up perfectly with the 2650 zone mentioned before. The 0.382 fib level has provided some level of resistance (not drawn on my chart) in the past, during the second wave of the cycle. Also, wave 2 peaked at a Fib retracement level of 0.5 when drawing the Fib line from the peak of the S&P500 in the middle of February to the low of wave 1. Additionally, when a Fib retracement is then drawn from the peak of Wave 2 to the lowest point on wave 3 (not drawn on my chart at the time), the 0.5 fib level aligns very well with the same 2650 zone. - Support/Resistance Level . The 2650-2750 level has also shown signs of being a point of support and resistance in the past. This is more evident on smaller time frames (4hr/1hr). I'm not certain on this level being a reversal zone, but the technicals seem to indicate that this point is very strong, so it should at least provide a fair bit of resistance. I will be looking for chart patterns on lower time frames like double tops or H&S for a safer entry. It seems like this whole crash is happening in fast forward because of the COVID-19 pandemic. It also doesn't look like the virus is slowing down too much, even with many countries around the world attempting to lockdown. That's just my thoughts on the market right now. I'm by no means an expert so please don't blindly follow my analysis. Please let me know what you guys think in the comments as I am always interested in receiving constructive criticism and understanding other people's perspectives. Cheers
OANDA:SPX500USDShort
by cocopops8
2
S&P500 SELL SIGNALHey tradomaniacs, welcome to another free signal! Type: Daytrade Notice: We split this trade in two position each with 50% position-size. Position 1: Market Sell-Order: 2870,00 Stop-Loss: 2995,00 (125 pips) Risk-Reward: 2,0 Position 2: Sell-Limit 2950,00 Stop-Loss: 3075,00 (125 pips) Risk-Reward: 2,0 Target: 2615 Risk: 1-2% ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
SPX500 SHORT TRADE SETUPHey tradomaniacs, welcome to another free signal! Important: Manage this one aggressively since we are trading against the primary trend. ----------------------------- Type: DAy-Swingtrade Market Sell: 3270,0 Stop-Loss: 3303,0 Target 1: 3238,5 Target 2: 3217,5 Target 3: 3182,0 Stop-Loss: 33 Pips Risk: 1-2% Risk-Reward: 2,75 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USDShort
by Trading2ez
2
Possible next "Short" target after first sell offThe S&P is caught between: Resistance region (27.12.-08.01.) AND the Pivot Point (daily): ~3,270 Support region (27.12.-08.01.) AND EMA 50 (daily): ~3,215 If we see, that the S&P has difficulties to move above, close above and stay above the 3,270, we would have another good short opportunity. Nevertheless, there is also a good chance that the S&P will move first towards the 3,270 within the next 1-2 trading sessions and then starts to develop momentum in order to move below the 3,215. In any case I would update the trading idea. My preferred TP would be 3,160 which is the EMA 90 (daily) and the 38 retracement of the last leg (of the AB=CD pattern). Good luck to all of you & as always, be patient (I keep telling this to myself, every time :).
OANDA:SPX500USDShort
by Chimbarosa
short at 3002.5 for possibility double top monthlyi short it at 3002.5 spychological level for 2 different way 1 possinility of double to monthly 2 investor will go on holidays like cannes,monacao,french riviera ect..so will cut them profit AND IS OKAY POWELL MADE IT UP BUT WHAT ABOUT CHINA HE SAY HIMSELF IT WEIGHT ON US..TCHH anyway every 1 tp taken i adjust my trailing top to the first tp i no made a Stop los on this trade as my trailing stop will do it alone also is much overbought in short time so my first tp can be reached and made my stop at near my entry point
OANDA:SPX500USDShort
by corsicasia
4