1m 3m 5m TF scalping with pivotsScalping with my pivot and mikes awesome set up for entry and exits Long06:58by DoubleDeez0
Future analysis S&P 500 2024 - 2030Observations: Time Frame: The chart spans from 1916 to around 2111, covering a broad historical and future projection range. Price Levels: The current price level is marked at 5,469.29. Future projections suggest significant price levels up to around 19,569.70 and even higher in the longer term. Technical Indicators: Fibonacci Retracement Levels: Multiple Fibonacci retracement levels are marked, indicating potential support and resistance levels. These levels are drawn from various historical highs and lows. Trend Lines and Channels: Orange dashed lines indicate trend channels showing the general upward trajectory of the market over time. Volume: The volume histogram at the bottom shows historical trading volume, with a notable increase in volume in recent years. There is a downward trend in volume in the most recent years. Projected Paths: Several projected paths are marked with potential future price movements, indicating possible bullish and bearish scenarios. Key Fibonacci Extensions: 1.618 Extension: Significant future resistance levels around 12,449.98 and 10,284.68. 0.618 Retracement: Critical retracement levels indicating support around 2,198.78. Analysis: Historical Context: The chart shows a strong long-term upward trend, characteristic of the S&P 500's historical performance. Major market events, such as the Great Depression, Dot-Com Bubble, and the 2008 Financial Crisis, are implicit in the data and reflected in the price movements. Current Trend: The current trend indicates a continuation of the upward movement, though the recent volume decrease suggests caution. Fibonacci Analysis: Fibonacci retracement levels suggest that if there is a correction, key support levels to watch would be around 2,198.78 (0.618 retracement). Fibonacci extension levels indicate potential future resistance at 12,449.98 and higher, marking optimistic long-term targets. Projection Scenarios: The chart outlines potential bullish scenarios where the S&P 500 could reach as high as 19,569.70 in the coming decades. Bearish scenarios show corrections to levels such as 4,398.47, aligning with historical support and resistance levels. Expert Opinion: Given the long-term perspective and historical performance of the S&P 500, the overall outlook remains bullish with potential for significant growth in the long run. However, the recent decrease in volume and the presence of key Fibonacci retracement levels suggest that investors should be cautious and prepared for potential corrections. Recommendations: Long-Term Investors: Maintain a bullish outlook with a focus on long-term growth. Monitor key support levels, especially around 2,198.78 and 4,398.47, for potential buying opportunities during corrections. Short-Term Traders: Pay attention to the recent volume trends and potential resistance levels. Consider taking profits at key Fibonacci extension levels and re-entering at retracement support levels. Risk Management: Use stop-loss orders to protect against significant downside movements. Diversify the portfolio to mitigate risks associated with potential market corrections. This analysis provides a comprehensive overview of the S&P 500's historical performance and future projections based on technical indicators visible in the chart.by crktrader0
Future analysis S&P 500 2024 - 2030Observations: Time Frame: The chart spans from 1916 to around 2111, covering a broad historical and future projection range. Price Levels: The current price level is marked at 5,469.29. Future projections suggest significant price levels up to around 19,569.70 and even higher in the longer term. Technical Indicators: Fibonacci Retracement Levels: Multiple Fibonacci retracement levels are marked, indicating potential support and resistance levels. These levels are drawn from various historical highs and lows. Trend Lines and Channels: Orange dashed lines indicate trend channels showing the general upward trajectory of the market over time. Volume: The volume histogram at the bottom shows historical trading volume, with a notable increase in volume in recent years. There is a downward trend in volume in the most recent years. Projected Paths: Several projected paths are marked with potential future price movements, indicating possible bullish and bearish scenarios. Key Fibonacci Extensions: 1.618 Extension: Significant future resistance levels around 12,449.98 and 10,284.68. 0.618 Retracement: Critical retracement levels indicating support around 2,198.78. Analysis: Historical Context: The chart shows a strong long-term upward trend, characteristic of the S&P 500's historical performance. Major market events, such as the Great Depression, Dot-Com Bubble, and the 2008 Financial Crisis, are implicit in the data and reflected in the price movements. Current Trend: The current trend indicates a continuation of the upward movement, though the recent volume decrease suggests caution. Fibonacci Analysis: Fibonacci retracement levels suggest that if there is a correction, key support levels to watch would be around 2,198.78 (0.618 retracement). Fibonacci extension levels indicate potential future resistance at 12,449.98 and higher, marking optimistic long-term targets. Projection Scenarios: The chart outlines potential bullish scenarios where the S&P 500 could reach as high as 19,569.70 in the coming decades. Bearish scenarios show corrections to levels such as 4,398.47, aligning with historical support and resistance levels. Expert Opinion: Given the long-term perspective and historical performance of the S&P 500, the overall outlook remains bullish with potential for significant growth in the long run. However, the recent decrease in volume and the presence of key Fibonacci retracement levels suggest that investors should be cautious and prepared for potential corrections. Recommendations: Long-Term Investors: Maintain a bullish outlook with a focus on long-term growth. Monitor key support levels, especially around 2,198.78 and 4,398.47, for potential buying opportunities during corrections. Short-Term Traders: Pay attention to the recent volume trends and potential resistance levels. Consider taking profits at key Fibonacci extension levels and re-entering at retracement support levels. Risk Management: Use stop-loss orders to protect against significant downside movements. Diversify the portfolio to mitigate risks associated with potential market corrections. This analysis provides a comprehensive overview of the S&P 500's historical performance and future projections based on technical indicators visible in the chart.by crktrader0
S&P 500 Index - Double Top ReversalThe Price has given a breakout from double Top neckline at 5445 Sellers will remain in control below necline support. Before forming double Top, we have observed Bearish divergence. The downtrend is expected to remain valid till 5382Shortby mhamzasaeedm0
SPX 500 (Counter Trend)SPX 500 After the appearance of the EXT Buy BBMA signal at 51214, the price made BMS several times until it entered 5500, next week it looks like there will be a slight pullback so we can take advantage of this momentum to short to the 5.10 ema low (white) or 25 ema (blue) area.Shortby ARMMFXUpdated 0
S&P 500 index might print a weekly bearish divergenceS&P 500 index might print a weekly bearish divergence between the March 25th high and the current high. Key word: might. It isn’t there yet but watch out for it. by teknodimension230
Analysis of the S&P 500 (SPX) as of June 24, 2024. Here's an expert-level breakdown of the key components and potential trading strategies: Chart Elements: Elliott Wave Analysis The chart includes Elliott Wave counts, indicating the different waves (impulse and corrective) within the overall market movement. These are critical for understanding the market cycle. The chart shows a completed five-wave impulse sequence followed by a corrective wave pattern. Fibonacci Retracement Levels Key Fibonacci levels are plotted, showing potential support and resistance zones. Notable Fibonacci levels include: 0.618 retracement at 5246.52 0.78 retracement at 5124.68 1.0 extension at 5444.87 1.618 extension at 5840.50 Liquidation Levels Liquidation levels indicate areas where a significant number of stop-loss orders may be placed, which can trigger rapid price movements if these levels are reached. Volume Profile (Bottom) The volume profile provides insight into the trading volume at different price levels, helping to identify support and resistance zones. Analysis: Current Price Action The S&P 500 is currently trading at 5464.61, which is near the recent high. The market appears to be in the midst of a corrective wave (indicated as wave (4) in the Elliott Wave count). Support and Resistance Immediate support levels are noted around the Fibonacci retracement levels at 5246.52 and 5124.68. Resistance is observed at the recent high around 5444.87 and the 1.618 extension level at 5840.50. Volume Analysis The volume profile shows significant trading activity around the 5100-5300 range, indicating strong support in this area. Potential Trading Strategies: Bullish Scenario If the S&P 500 breaks above the 5444.87 resistance level with strong volume, it may continue to the next target at 5840.50. A sustained move above 5444.87 could validate the continuation of the upward trend. Bearish Scenario If the S&P 500 fails to hold above 5444.87 and breaks below 5246.52, it may test lower levels at 5124.68. A drop below 5124.68 could signal a deeper correction, potentially towards the support zone around 5000. Neutral/Range-Bound Scenario Given the current consolidation, traders might consider range trading strategies, buying near support levels around 5246.52 and selling near resistance levels around 5444.87. Risk Management: Stop-Loss: Place stop-loss orders below key support levels in case of a downward breakout. Take-Profit: Set take-profit levels near the identified resistance zones for long positions and support zones for short positions. Conclusion: Monitor the price action around the Fibonacci and Elliott Wave levels for potential breakouts or reversals. Pay attention to volume spikes which can validate breakouts or breakdowns. Adjust trading strategies based on the prevailing trend and key technical levels outlined. This comprehensive analysis should help you make informed trading decisions based on the current technical outlook for the S&P 500. by crktrader0
Are you ready for some exciting news from the stock market?Buckle Up for a Potential Downturn in the Stock Market The S&P 500 might be headed for a reversal, despite the recent optimism. Here's why: Reaching the Peak? Previous CALL The S&P 500's surge could be nearing its end, potentially marking the conclusion of wave 5 in an Elliott Wave pattern. This signifies a potential peak before a correction. The rising wedge formation on the chart hints at a loss of momentum and a possible reversal. Weakening Strength: The bullish breakout narrative might be losing steam. The retest of the previous resistance zone could be a failed attempt to establish new support, indicating a potential breakdown. Bearish divergence is emerging between the price and the Relative Strength Index (RSI). This means the RSI is not confirming the price highs, suggesting weakening buying pressure. Shallow Corrections, Not Bullish Signs: Recent shallow corrections might not be a sign of strength, but rather a characteristic of a topping pattern before a decline. Trading Volume: While high trading volume accompanied the breakout, it's crucial to monitor if it can be sustained during the retest. Lower volume during the retest could signal a weakening breakout. Target: Revisit of Support or Lower The 4,800 target might be overly optimistic . A revisit of the previous support level, or even a breakdown below that, is a more likely scenario based on the technical indicators. Remember: Technical analysis is just one piece of the puzzle. Always use it alongside other forms of analysis and avoid making investment decisions solely based on this information. Stay Cautious: This analysis suggests a potential shift towards a bearish market. Be vigilant and manage your investments accordingly. Chachain KEYWORDS stock market, market analysis, market trend, index, technical analysis, breakout, support, resistance, trading strategy, bullish, bearish, trading indicators, RSI, trading volume, investment, investment strategy, investment decision, financial market, market performance, economic growth, market outlook, market forecast, market news, market update, market sentiment, market volatility, market movement, market prediction, market opportunity, market risk, market chart, market data, market insights, market commentary.Shortby Anoinvest0
Even a dummy should understand thisWroking on a perfect 3 point trend touch on monthly bearish divergence. A multi-generational crash is coming. All of this while we have the longest period 10 yr bond yield curve inversion in market history and 10% of stocks holding 75% of the entire stock market cap as in 1929 before the great depression. Hold at your own risk and find out why they say don't invest more then you're willing to lose. Best case scenario for BTC would be USDT.D revisiting it's weekly bottom trend on the linear but momentum oscillators are sharply down and NDQ weekly has a gravestone doji. Look to Nvidia to be the determinant factor for bounces and remember that, when it dumps, algorithms will sell everything.Shortby fishguru730
SPX road to 6300 in 2027In my weekly chat I showed bullish and bearish cycle starting from 2100 low in 2020: so I expect a deep correction starting from june-july to march-april 2025 targeting 4200 area before restarting bullish trend to target 6300-6400 area in 2027 by mpd0
You should be able to undesrstand this even if you're dumbMoonbois due to get the biggest disappointment since 1929 unless the top trend on the monthly RSI is broken and invalidated. Given the bearish divergence forming on the SPX in the monthly time frame, the hammer candle on the NDQ, and the 10 yr bonds back testing a potential break out, being all in on the market at this point is just dumber then a box of rocks. There is a potential for Nvidia to take a bounce off of the .786 on the hourly and put in a shoulder but momentum is visibly turning negative and I don't recommend anything other then taking quick swings.Shortby fishguru730
24 06 Short ESChart showing important levels from ellias wave and my preferred entry for a short, but keeping mind open for a buy. Shortby PropStephh0
Bearish Div on monthly?Until we get a 3rd touch on the RSI trend and a reversal it isn't confirmed... but what are the chances of an invalidation on the monthly? Tread carefully people.Shortby fishguru730
7 DTE on SPX, a bread and butter Dorian Trader tradeBeen a bit since my last SPX trade, here are the details: 7 DTE Iron Condor Net Credit -5350 +5340 -5560 +5570 $135 on $872.13 capitol allocated or 15% gain. Will watch closely, have alerts set on 5370 & 5535by leongaban0
3M SPX/USCPILargest equity crash, inflation adjusted, is around the corner. This will coincide with the bull market in commodities.Shortby Tristonr_0
Apple's Massive Divergence: Fluke? or Warning of Imminent Crash?Since Mid-December the Tech-Giant Apple appears to have fallen out of favor with investors as of late with the lawsuits piling up & rampant selling, while other tech companies & etfs as a whole continue to either grind or rally higher, which makes some sense with the AI Boom (Bubble) continuing on, but doesn't make sense because apple should be benefiting from something like this because historically apple & spy/qqq have for the past 10+ years had near 1:1 correlation, Which brings up an interesting discussion: could this be an isolated incident with a single company while leaving the overall market intact? or is this a warning sign to an eventual large selloff or even ai bubble bust/crash? by CryptoGuy234Updated 1
Blow off top coming to 7500 by June 2025Two rising channels. One quite wide and the other one narrow. Both point to a target between 6500 to 7400 pips on Sp500. My guess is that even after election we are going to see a massive rally to 1000 more pips on Sp500 You must know what happens next.Long01:25by josemanuelmaestrerodriguez0
US 500 ShortOn the 1-hour chart, I see a short possibility on the SP500. This trade is against the prevailing trend, but 1:2.5 RR makes it worth a shot. The trade remains valid until the current 1-hour down wick is retested.Shortby TradebyRoss0
SPX long term chartIn my view SPX target from 2020 low @2100 is 6400; Critical area in my point of view is 5500-5530 where a bearish correction could occur to target 4250 area where the long term bullish trend will resume to 6400 target in 2027; If 5530 area will be broken then SPC could target 6400 in March 2025. I will short spx @5500 stop loss 5550 target 4250.by mpdUpdated 0
US500 (S&P): Trend in daily time framePlease pay special attention to the very accurate trends, rectangles, and colored levels. Its a very sensitive setup, please be careful. BEST, MTby MT_TUpdated 0
The SPX may be at key resistance Intraday Update: The SPX has reached the 161% extension of the April high/low and channel resistance. RSI is obviously overbought and divergent, but that has not mattered at all in this bull trend. by ForexAnalytixPipczar0
A Possible Path for SPX 500 to top around 6000A Possible Path for SPX 500 to top around 6000 This is a conjecture of mine of how this bull market could endby coolingla0