Nasdaq 100 preps for next move after Trump winThe Nasdaq 100 has traded sideways this week, hovering around levels from last Friday. This is expected following Trump's victory, which saw the index generate a strong bullish surge of 5.84%. Traders now require consolidation or correction, which is precisely what we're observing. The default is for markets to pull back. Still, they can also move sideways, allowing indicators like the RSI to reach neutral levels and creating an environment where traders may feel ready to go long once the trend resumes upward.
Currently, we're watching this week's low at 5,965. If the index stays above this level, we could see a push toward Wednesday's high of 6,014, followed by a target of 16,664 based on the descending triangle pattern forming on the chart. However, if the index breaks below this week's low—a critical short-term level—the NASDAQ 100 could fall to 5,910. For now, though, this is not the primary scenario.
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US500.F trade ideas
SPX500 D1 | Falling to pullback supportSPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 5,876.68 which is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 23.6% and 50.0% retracement levels.
Stop loss is at 5,670.00 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 6,204.33 which is a level that aligns with the 100.0% Fibonacci projection level.
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S&P 500 Index Stabilises Near Resistance BlockS&P 500 Index Stabilises Near Resistance Block
The ATR indicator on the S&P 500’s 4-hour chart (US SPX 500 mini on FXOpen) currently shows a reduction in price volatility.
This drop in volatility can likely be attributed to:
→ The market having fully absorbed the impact of Trump’s recent presidential win;
→ No unexpected news from yesterday’s CPI report, which matched analysts’ inflation expectations.
Looking ahead, Morgan Stanley analysts believe the bull market could face challenges from:
→ A rise in treasury bond yields, potentially diverting investor funds;
→ A strengthening dollar, which could reduce export revenues for large companies;
→ Indicators suggesting stock valuations are becoming even more stretched.
Technical analysis of the S&P 500 chart (US SPX 500 mini on FXOpen) highlights that price is at a resistance zone created by:
→ The upper boundary of the upward blue channel, which began in early September;
→ The upper edge of the long-term ascending channel (shown in orange, previously charted in our S&P 500 analysis on October 14);
→ The psychological level of 6,000 points.
Given these factors, it’s reasonable to anticipate that bulls may encounter difficulties if they attempt to push past the 6,000 level.
A potential pullback may emerge following the S&P 500's 4% rise since early November—perhaps towards the channel’s median or lower boundary.
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SPX Nov 13SPX Nov 13 - demand and supply zones for the upcoming week. Please refer to the supply and demand zones for this chart.
S&P500 Is Approaching Key Support Level.Hey Traders, In today’s trading session, we’re keeping a close watch on the US500 for a potential buying opportunity around the 5800 zone. The index is currently trading in an uptrend, but we’re seeing it enter a corrective phase. This correction is bringing it back toward the 5800 support and resistance area, a critical zone that aligns with the broader upward trend.
The 5800 level could serve as a strong entry point, offering an opportunity to join the prevailing uptrend at a favorable price. If price action confirms support at this level, it may signal a potential rally continuation in line with the broader market momentum.
As always, ensure you manage risk and stay cautious in your entries.
Trade safe,
Joe
SPX Ratio on Stock600Hello,
A little comparison between two markets, the SP500 and the Stock600.
I made a little ratio to see where the money is going!
The result is clear, the currency is going to the USA and not to old Europe.
Does Europe still have a future, with 27 countries!
Your opinion interests me.
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
S&P 500: Inflation Concerns Weigh on Market Ahead of CPI Release S&P 500
Technical Analysis
The price dropped from its ATH and is continuing toward 5928 and 5891. This decline is driven by the upcoming CPI report, with the previous result at 2.4% and expectations at 2.6%. Given recent reports on job data and retail sales, there's a likelihood that CPI will exceed 2.6%, indicating higher inflation, which would negatively impact the indices market.
Alternatively, a 4H candle close above 5990 could signal a bullish movement toward 6027.
Key Levels:
Pivot Point: 5989
Resistance Levels: 6027, 6045, 6068
Support Levels: 5949, 5928, 5891
Trend Outlook:
- Bearish Trend while below 5989
- Bullish trend above 6027
S&P500 Eyeing 6180 on this diverging Channel Up.The S&P500 index (SPX) has been trading within a Channel Up pattern since the July 27 2023 High. More recently it has been following a shorter (dotted) Channel Up since the August 05 2024 Low, which made its most recent Higher Low on the 1D MA50 (blue trend-line) the day before the U.S. elections.
The rally that followed since, hit the top of the 1-year Channel Up but the current 2-day red streak may not be a rejection to the new Bearish Leg (red Channels) as the (dotted) diverging Channel Up is on its 2nd Bullish Leg. If it is similar in strength to the September - October one, then we expect to see 6180 short-term.
As you can see, every Bullish Leg of the 1 year Channel Up has consisted of two smaller buy highly symmetric Bullish Legs, all of which look very similar with each other (black sequences).
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charts breakdownMarket Overview: The has been trading within a over the past . Currently, we’re seeing significant activity around the level at , which has been tested multiple times. Volume analysis indicates activity, suggesting .
Key Technical Levels:
Resistance Level: – This has acted as a cap for recent upward moves.
Support Level: – A key area where buyers have historically stepped in, providing support.
Trendline Support/Resistance: .
Moving Averages: – Currently, the price is trading these averages, indicating momentum.
Technical Indicators:
RSI (Relative Strength Index): Currently at , suggesting conditions. This could imply that the market may soon .
MACD (Moving Average Convergence Divergence):
Volume Profile: Volume is near the level, indicating .
Potential Trade Setups:
Breakout Trade (if price breaches resistance): Consider entering a long position if the price closes above . A stop-loss could be set below , targeting .
Reversal Trade (if price approaches support): A potential long position near , with a tight stop-loss just below, targeting a return to .
Mean Reversion Strategy: With RSI nearing overbought/oversold levels, there’s potential for a pullback towards the mean, particularly if price encounters a strong resistance/support area.
Risk Management:
Use a stop-loss on each trade.
Given recent volatility, consider a wider stop-loss to avoid whipsaw action but still within reasonable risk parameters.
Adjust position sizes based on volatility and adherence to trading rules.
Conclusion: The shows momentum with key support and resistance levels identified. Traders may find potential opportunities based on setups. Monitoring volume and price action closely at these levels will be crucial to confirming any trade entries.
Bullish bounce?US500 is falling towards the pivot and could bounce to the pullback resistance.
Pivot: 5,925.30
1st Support: 5,872.30
1st Resistance: 6,018.10
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The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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S&P 500 prospects A significant number of companies in the S&P Index are invested in developing and innovating, especially in the technology sector. With the development of artificial intelligence (AI), we expect to see not just growth, but a real boom in the market, as AI promises to revolutionize many industries. The changes associated with AI can affect the efficiency of business processes, the creation of new products and services, and the competitiveness of companies.
In addition, current economic policies characterized by low interest rates play a key role in this scenario. Low rates make the cost of borrowing much easier, which stimulates both economic activity and investment. Businesses can expand, invest in research and development, and at the same time consumers can afford to spend more, further supporting economic growth.
This combination of factors, from the innovative power of tech giants to favorable monetary policy, creates a unique environment for significant growth in the S&P 500 Index. Investment in AI is expected to not only increase, but also lead to the creation of new markets and business models, which could provide sustainable and long-term growth for the economy and, by extension, for stocks.
Analyzing the current market trends through the prism of technical analysis, we notice that the chart shows a structure resembling the formation of the fifth wave within the Elliott Wave Theory. Our forecasts and mathematical calculations indicate that this wave may peak at approximately $6100.
In addition, we observe that market prices are firmly positioned above the significant level of the 200-day exponential moving average (EMA), which is traditionally considered a sign of an uptrend or bull market. This indicator emphasizes the stability of the current uptrend.
Additional confirmation that the $6,100 level is a promising level for profit taking is the extended Fibonacci level of 1,618.
Best wishes, Horban Brothers.
S&P500 short: last warning This is a follow up to the same idea that I've recently posted. The reason is the same: top of channel rejection, and Elliott Waves completion.
Stocks, BTC & Gold .. my view! Price action after Donald Trumps win shows us the following:
1. Market (Stocks) are in a risk ON mode
2. BTC is following stocks and is also in a risk ON mode
3. Gold is going back to its historical safe haven status or risk OFF mode
So IMHO market is pulling out money from Gold and investing in Stocks and Crypto.
IF my observation and logic is correct then should there be a retracement in Stocks then you will see a correction in Crypto and rebound in Gold
In the picture you can observe a comparison between S&P and BTC. And you know gold has been going in the other direction.
What if.....I was just trolling but I kinda like it.
Its making me type stuff for me to post this idea. Lets see how many words it needs
SPX500 Bullish Momentum Post-ElectionHello,
VANTAGE:SP500 has responded positively to the election results, and further bullish movement is anticipated, though minor fluctuations may occur. The 1W pivot point could potentially be tested. A cross and sustained move above the 1D pivot point would signal an immediate continuation of the bullish momentum.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
SPX in daily charts Hello
It's been a while the I am thinking to close my trading view page. If I am explaining it is to make a plan for some ideas I have published. It means that I have published a few ideas that might happen and because they are in big time frame I need to give a plan for next steps when I am not here anymore so please let me know if any of my ideas that was helpful for you.
For this chart I predict another correction as wave IV and then last rise as wave V. This scenario would take a few months and then we might have a deep correction.
Another scenario is to make higher levels and then we see a main correction.
I expect deeper corrections for this movement.
For investors, I recommend not to invest in stocks for long terms and please consider that these highs that main indices are experiencing comes from a minority high cap companies.
For traders, it does not matter where market goes (short is mostly better) and they will find a way to make profits.
Be safe and Happy.
SP500 Sell Idea Take advantage of expected market weakness by identifying and executing a well-timed short trade that aligns with bearish technical and macroeconomic factors. The aim is to enter at a high point (near resistance) and exit at a lower point.
Warning maybe in order?A lot of bullish sentiment out there but the rally is not confirmed. See the negative divergence marked on the bottom of the chart.
Also running into long term trend line and confluence of Fib values converging around soon.
SPX500 TREND LINES, PIVOT and APEX POINT VIEWThe SPX500 if manage to close above the last high of 5670 on Daily TF then expect the price to hit the TL.R at 5764 from where the prices can fall back a bit and then move for the next target to TL.B2 at 5810 and if it closes above that point then you can expect the price to move to take over the PIVOT R3 at 61110, but if it is rejected then expect the price to fall towards PIVOT R2. Trend Line green and TL.R form a widening channel. If the price fall back the TL.B1 and Closes Below Pivot R2, then Expect the price bounce from the Trend line green. The main scenario of the price action shows that if the price is not rejected from the previous high of 5670, then price will surely lead to take over the TL.R and TL.B2. On Contrary if price rejected sharply from the TL.B2 and closes below PIVOT R2, then price may continue to fall towards PIVOT R1. Please leave your comments and your suggestions. Expected Movement for the rest of the year will be in between the two apex points 5410 and 5747. Any Voilation of these points will determine the further direction of the SPX price movement.
6000 hit, possible topping area ahead. Watch out.(M) Top of ascending channel, pretty high TD count and surfing upper Bollinger band. Watch out for possible fakeout and bearish divergences in the making. Some tricky months ahead.
S&P 500 INDEX to 6000 before mid 2023Firstly a big thank you for taking me past the 10k likes on Tradingview. That’s a great milestone and tells me the ideas must be appreciated. If it is okay with you I’ll continue to share them freely.
As a thank you for taking my ideas past this milestone I want to share the idea that will challenge 95% of those reading. You will just not believe what is about to happen in the following 6-9 months. Use this idea as a cheat code to take you to the 5% club.
It is highly probable the market will rip higher and I’m betting on a new all time high before the middle of next year in the area of 6000. Then we can have our recession.
Still reading? Or have you gone straight to the comments for some club 95% ‘you mad bro’ comments?
What’s the evidence? There’s technical and fundamental. Firstly the technical on the above weekly chart:
1) A ‘great buy’ signal has printed. Look left.
2) Every year that ends with a ‘2’ for the last 70 years has beautiful symmetry with its roots in pi-cycle theory, but I’ll not go into that here, just accept it.
Each of the annual charts below are the last 70 years with years ending in a ‘2’ with the vertical lines approximately identifying a 12 month window.
1952 -
1962 -
1972 -
1982 -
1992 -
2002 -
2012 -
And finally 2022 - see a pattern?
The Fundamentals
1) Mid-term elections - the FED will not crash the market with up and coming mid-term elections. They never have in the above years.
2) Insider trading - The people making the decisions / your glorious leaders, they are actually buying the dip:
“U.S. House speaker Pelosi discloses trades in Apple and Microsoft”
Source: www.reuters.com
This is not an isolated event.
3) Sentiment is at the lowest it has been for 40 years! Not even 2008 comes close. People are so bearish right now that it is actually bullish.
4) The Put / Call ratio. The number of retail traders ‘short’ on the market is at levels not seen since August 2020. Remember then? The world was ending then too.
5) The ‘Put/Call’ ratio is printing bearish divergence just as it was back in August 2020. The market ripped higher afterwards.
Well that’s it - Hope you enjoyed, this took some hours of study and preparation.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: 6 to 9 months
Return: 50-80%
