S&P 500 Breakdown Alert — Rising Wedge Reversal in Play!Today I want to share an S&P 500 index( SP:SPX ) analysis, as this index plays a major role in guiding correlated markets—especially crypto, and particularly Bitcoin( BINANCE:BTCUSDT ).
The S&P 500 index entered the Potential Reversal Zone(PRZ) and resistance zone($6,902_$6,875), where it began to fall.
The S&P 500 index also failed to form new Higher Highs(HH) and Higher Lows(HL), which signals weakening bullish momentum over the past 7 trading sessions.
From a classical technical-analysis perspective, it appears that the S&P 500 index has broken below the lower line of its rising wedge pattern, which is considered a bearish reversal pattern. The index is currently in the process of completing a pullback/retest of the broken structure.
My expectation is that the S&P 500 index may decline at least toward $6,823, and if important support lines break, we could see a deeper correction toward the measured move (target) of the rising-wedge pattern.
What’s your outlook on the S&P 500 index and the U.S. stock market?
First Target: $6,823
Second Target: $6,803
Stop Los(SL): $6,889(Worst)
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We should also keep in mind that several important US economic indicators will be released this week, which could significantly impact market direction. So be extra cautious with your positions, especially during data releases:
JOLTS Job Openings➡️09 December
Federal Funds Rate➡️10 December
FOMC Statement➡️10 December
FOMC Press Conference➡️10 December
Unemployment Claims➡️11 December
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📌S&P 500 Index Analyze (SPX500USD), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
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Spx500analysis
BUY SPX NOW...time to buySPX 500 is in a clear upwards channel and has broken the last bit of resistance (white trendline line shown) - this is a clear confirmation that the next target will be the next resistance zone to the upside shown above (this is a great buy trade opportunity) - Time to buy the SPX 500 now
BUY SPX NOW...time to buy nowSPX 500 is in a clear upwards channel and has broken the last bit of resistance (white trendline line shown) - this is a clear confirmation that the next target will be the next resistance zone to the upside shown above (this is a great buy trade opportunity) - Time to buy SPX 500
SPX500 Bullish Plan in Motion with SMA + Kijun Confirmation🚀 US500/SPX500 INDEX MARKET SWING TRADE MASTERCLASS 🎯
📊 ASSET: S&P 500 Index (US500 | SPX500)
Timeframe: 4H-Daily | Strategy Type: Swing Trade | Market Context: Bullish Pullback Confirmation
🎲 TRADE SETUP: THE "THIEF PROTOCOL" STRATEGY ⚡
✅ TECHNICAL CONFIRMATION
🔹 Primary Signal: Simple Moving Average (SMA) Pullback Retest
🔹 Secondary Confirmation: Kijun-sen (Ichimoku MA) Retest
🔹 Market Structure: Higher Lows Formation + Bullish Consolidation
🔹 Bias: LONG with Layered Entry Methodology
💰 ENTRY STRATEGY: MULTI-LAYER LIMIT ORDER APPROACH
The "Thief Layering Method" - Stack multiple buy limit orders for optimal risk distribution:
🟢 Layer 1 Entry: $6,750.00 - Initial Probe Entry (30% Position Allocation)
🟢 Layer 2 Entry: $6,800.00 - Aggressive Add (35% Position Allocation)
🟢 Layer 3 Entry: $6,850.00 - Final Confirmation Entry (35% Position Allocation)
Entry Flexibility: Adjust layers based on your account size & risk tolerance. Spread entries across pullback zones for superior fill pricing.
🛑 STOP LOSS MANAGEMENT
Recommended SL Level: $6,720.00 - Placed below the support trendline + SMA confluence
⚠️ IMPORTANT DISCLAIMER: Dear Traders! This is YOUR trading journey. We strongly recommend adjusting stop loss based on YOUR risk management rules. Account sizing is crucial - never risk more than 2-3% per trade. Your SL placement = YOUR decision, YOUR responsibility. Use proper position sizing ALWAYS.
🎯 PROFIT TARGET ZONES
Primary Target: $7,050.00 ⚡
📊 Technical Reasoning: This level represents strong resistance confluence zone, historical supply level in overbought territory, and creates a risk/reward sweet spot of 1:3+ return potential. Alert: Trap zone exists here - smart money reversal area confirmed.
Exit Strategy Recommendation: Close 50% of position at $7,000-7,020 to lock partial profits. Hold remaining 50% with trailing stop or until $7,050 for maximum upside capture. Lock profits incrementally to secure gains.
⚠️ CRITICAL REMINDER: Your profit target = YOUR choice! This TP represents technical confluence, but market conditions evolve. Trade YOUR plan, manage YOUR risk, protect YOUR capital.
🌍 CORRELATED PAIRS TO WATCH 🔗
📈 PRIMARY CORRELATIONS
1️⃣ QQQ (Nasdaq-100 ETF) - 0.99 Correlation 💻
This is the tech-heavy composition that typically leads SPX rallies. Current focus remains on AI/Mag7 momentum and overall growth stock sentiment. Key watch: QQQ strength = SPX bullish confirmation signal. When QQQ breaks out, SPX follows closely.
2️⃣ IWM (Russell 2000 ETF) - 0.95 Correlation 📍
Small-cap composition with high tariff sensitivity. Current status shows small-cap underperformance zones vulnerable to trade policy shifts. Trading tip: IWM weakness = Sector rotation risk, so watch for divergence from SPX strength.
3️⃣ DXY (US Dollar Index) - Inverse/Mixed Correlation 💵
Recent positive correlation emerging in 2025 market dynamics. Current dynamic shows dollar strength now sometimes supports equities due to policy-driven factors. Risk factor alert: DXY spike above 108 = potential SPX headwind to monitor.
📊 SECONDARY WATCH PAIRS
SPY (S&P 500 ETF) - Mirror of SPX, use for volume confirmation and institutional positioning.
DIA (Dow Jones ETF) - Large-cap value barometer, less tech-sensitive than QQQ, shows rotation signals.
VIX (Volatility Index) - Above 25 = caution mode, below 15 = complacency warning.
📱 KEY CORRELATION INSIGHTS FOR THIS TRADE
🔴 RED FLAGS - Watch These Closely:
VIX spiking above 30 signals potential fear spike. DXY breaking above 108 creates dollar strength pressure. QQQ failing to confirm breakout indicates tech weakness divergence. IWM hitting new lows signals broad market weakness.
🟢 GREEN LIGHTS - Trade Confirmation:
QQQ and SPX moving in sync above SMA is bullish. IWM holding key support levels confirms breadth. DXY consolidating means no headwind pressure building. VIX below 20 indicates low fear environment.
🎯 TRADE PSYCHOLOGY & EXECUTION TIPS
✅ Pre-Trade Checklist:
Confirm SMA pullback on 4H chart before entry. Verify Kijun retest on Ichimoku indicator. Check QQQ alignment for correlation confirmation. Monitor DXY to avoid strong dollar days. Set alerts at all 3 entry layers for execution readiness.
✅ During Trade Management:
Take partial profit at 50% move up to secure gains. Move SL to breakeven after hitting first target. Trail stop every 50-pip move in your favor. Document your execution for journal review and performance tracking.
🔥 TRADE EXECUTION SUMMARY
Signal Type: Bullish Pullback Retest ✅ Confirmed
Entry Method: 3-Layer Limit Orders 🎯 Optimized for Best Fill Pricing
SL Level: $6,720.00 🛑 Defined and Placed Below Support
TP Level: $7,050.00 🎯 Defined at Resistance Confluence
Risk/Reward Ratio: 1:3+ 💰 Favorable Trade Structure
Best Tradeable Window: Next 48-72 Hours ⏰ Active Setup Zone
Good Luck, Traders! 🚀 Trade Smart. Trade Safe. Trade Often.
Remember: Your SL = Your Protection | Your TP = Your Goal | Your Risk = Your Responsibility
#SPX500 #SwingTrade #TechnicalAnalysis #TradingIdea #S&P500 #MarketAnalysis #TradeSetup #RiskManagement
S&P 500 index Bull Run Continues — Symmetrical Triangle BreakoutThe S&P 500 index( SP:SPX ) has shown solid bullish momentum over the last 7 trading days, gaining more than +5% during this period.
The S&P 500 has once again moved back above Important Support lines, and it now appears to be breaking through a resistance line as well.
From a classical technical analysis perspective, the S&P 500 seems to be moving inside a symmetrical triangle pattern.
From an Elliott Wave standpoint, the S&P 500 looks to be completing Wave 4. A confirmed breakout above the upper line of the symmetrical triangle could validate the end of Wave 4.
I expect the S&P 500 to continue its upward movement and extend toward the Potential Reversal Zone(PRZ) and the Resistance zone ($6,902_$6,875).
What’s your view on the S&P 500 index and the broader U.S. stock market?
First Target: $6,859
Second Target: $6,887
Stop Los(SL): $6,774(Worst)
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌S&P 500 Index Analyze (SPX500USD), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
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SPX500: Bullish Push to 6927?As the previous analysis worked exactly as predicted, FX:SPX500 is eyeing a bullish breakout on the 4-hour chart , with price rebounding from a key support zone near recent lows , converging with potential entry area that could ignite upside momentum if buyers defend against dips. This setup suggests a continuation opportunity amid the ongoing uptrend, targeting higher resistance levels with favorable risk-reward.🔥
Entry between 6700–6720 for a long position. Targets at 6880 (first), 6927 (second). Set a stop loss at a close below 6643 to limit exposure, yielding a risk-reward ratio of approximately 1:2 to first target and up to 1:2.5 overall. Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the index's resilience near ATH.🌟
Fundamentally , the S&P 500 is pushing toward new highs in November 2025, driven by bets on Fed rate cuts and strong global demand, though underlying issues like market concentration (top 10 companies over 40% of the index) and recent weekly dips (~2%) highlight volatility. Positive factors include liquidity, consumer strength, and earnings growth, with forecasts eyeing upside to 7000 amid election stability and AI investments. 💡
📝 Trade Setup
🎯 Entry (Long):
6700 – 6720
🎯 Targets:
• TP1: 6880
• TP2: 6927
❌ Stop Loss:
• Any 4H candle close below 6643
⚖️ Risk-to-Reward:
• ~1:2 to the first target
• Up to 1:2.5 if full target is hit
👇 Share your thoughts below! 👇
NOV.30,2025 ANALYSIS ON SPX500 & NAS100 INDICES The monthly charts have printed hanging man candles and hence if the closing of next month candle is below the body of the candle, it will confirm that the rally is over and the next months have a bearish setup. Indicators also support the rally is over based on the weekly and daily charts on both indices.
The weekly candle looks bullish but since the volume is low it does not confirm the rally and is a market maker manipulation setup for retail traders. For shorts bias use tight stop loss, price should not exceed the invalidation levels noted in the video.
The daily charts also show a hidden bearish divergence on MACD Histogram bars, Stochastic cycle & Momentum at fib resistance of 0.786 retrace and Oct, 2023 fib extension of 1) for the SPX500 and fib 0.618 retrace for the NAS100. Daily Stoch cycles support shorts more than long. Price uprise since Wed, Nov 26th, has been on declining momentum, see MACD histogram on 4H. RSI is overbought on 4H with a hidden bearish divergence too.
So, I see more bearish signal on the indices than bullish continuation.
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NOV.23,2025 ANALYSIS- DXY, BTC, NAS100, SPX500, XAUUSD & XAGUSDDXY CAUTION: at weekly resistance but Uptrend with a huge bullish candle suggests continuation to the upside. I expect some sideway price action potential pullback to 99.365 level and then continuation to the upside target of 100.608. A break below 99.365 will invalidate upside targets.
BITCOIN: STILL BEARISH, All my initial bearish targets from previous analysis got smashed. BTC is now in a new bearish territory only finding support at the fib extension 1.618 from the $126,296 high. RSI is very oversold and potentially there could be a sideways price action around this level re-testing $80,524 this week. Ultimately the next bearish target is between $70k and $78k.
NAS100 & SPX500 BEARISH: Both indices closed with a strong bearish candle but found support around their 21EMA on the weekly chart. I observed some unconfirmed hidden divergence plus daily stochastics cycle lows so I expect some sideways consolidation and next leg down to targets of about $23,169 for Nas100 and $6,418 for SPX500.
GOLD & SILVER SIDEWAYS: Gold on the weekly chart showed only a doji candle consolidating price action but lower high of($4,194) confirmed on the chart. I envisage that this consolidation will continue into next week and finally breakdown to the $3,826 target. Silver has maintained the double tops on the weekly and daily charts. The lower high of $52.98 also suggest more downside price action with the initial target of $45 - $47 zone.
I hope my publications are helpful to your own analysis and perspective. Thank you and please show your support for these analysis with a boost or comment so it's shown to other traders. Have a great and profitable trading week and remember risk management is your first job as a trader. Cheers!!
S&P 500 Roadmap: Correction Rally Ending—Another Drop Is ComingAs I expected in the previous idea , the S&P 500 index( SP:SPX ) moved toward the broken Support lines and completed its pullback, reaching its targets.
Given that the S&P 500 index nowadays shows a significant correlation with the cryptocurrency market and Bitcoin( BINANCE:BTCUSDT ), it’s wise to pay even more attention to this index, as it can help us gauge the crypto market trends.
The S&P 500 is approaching a Resistance zone($6,675_$6,637), and considering the momentum of last weekend’s decline, it appears that this recent upward movement is merely a correction. Therefore, we should expect another decline in the S&P 500.
Since the U.S. dollar index( TVC:DXY ) is also likely to maintain an upward trend, the rise in the dollar can lead to more capital flowing into safer assets, potentially impacting the S&P 500 negatively.
The S&P 500 is also influenced by the US 10-Year Government Bond Yield( TVC:US10 ). If the US 10-Year Government Bond Yield trends upwards , then riskier assets like cryptocurrencies might go down more, and this, in turn, could also impact the S&P 500.
Considering all the above, I expect that the S&P 500 will at least test its Support zone($6,580_$6,490) again and, if that Support zone($6,580_$6,490) is broken, we could anticipate further declines in the U.S. stock market and the S&P 500.
First Target: $6,526
Second Target: $6,413
Stop Los(SL): $6,731
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌S&P 500 Index Analyze (SPX500USD), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
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SPX Idea 23.11.2025I also have several scenarios for SPX, unfortunately for this one, it's not possible otherwise. I would consider a potential short first when the SFP is above the weight at the price level of 6883 and then above the new ATH. I would open a long position at the level around Vwap 6453, where the daily level is also nearby, and then at the level of 6200, where the Vwap and weekly levels are located for context, and then a little lower, the Fibo level of 0.382.
SPX 500: Bullish Rebound to 6760?FX:SPX500 is priming for a bullish rebound on the 4-hour chart , where price has pulled back to a critical support zone following a sharp decline, forming a potential bounce setup amid a broader uptrend—highlighted by the rebound pattern near key levels that could ignite buying if buyers defend against further downside. This confluence at the support offers a high-reward long opportunity in the index's volatile range.
Entry zone between 6530-6550 for a buy position. Target at 6760 🎯near the resistance zone, delivering a risk-reward ratio greater than 1:4 .Set a stop loss on a close below 6500 📊 to manage risk effectively. Watch for confirmation via a strong bullish candle with rising volume above the entry, capitalizing on the index's resilience despite recent pressures🌟.
Fundamentally , the S&P 500 closed at around 6646.7 on November 19, 2025, down over 2% in November amid economic concerns and high valuations, particularly in AI stocks, with the index dipping below its 50-day moving average for the first time since April—yet historical patterns suggest a median 15% upside to 7710 over the next year if it follows median rebounds. Earnings growth remains robust at 16.9% YoY, beating estimates, supporting potential recovery despite tariff worries. 💡
📝 Trade Setup
🎯 Entry Zone (Buy): 6530 – 6550
🎯 Target:
• TP: 6760 (major resistance)
❌ Stop Loss: Close below 6500
⚖️ Risk-to-Reward: Greater than 1:4
What's your outlook on this rebound? Drop your thoughts below! 👇
NOV.9,2025 ANALYSIS ON DXY, BTC, NAS100, SPX500, XAUUSD & XAGUSDDXY CAUTION trading Below 55 EMA on 4H however 4H divergence at support zone is promising for uptrend continuation. Trend is still up on the daily chart and currently getting push back from the 200SMA. There are indicators supporting uptrend continuation such as the MACD histogram still up on weekly chart and unconfirmed RSI Bullish divergence on the 4H timeframe. A breakdown below 99.029 could target the 98.700 level next. However if the current support holds then our next target is 100.608 for the coming week and confirmation signal is a candle open and close above the 55 EMA on the 4H timeframe.
BTC BEARISH SIDEWAYS consolidating on the weekly 55 EMA support. While the weekly 55 EMA has acted as a support during previous rallies on BTC, I think this time is different until proven otherwise by the chart as there is no RSI divergence, MACD momentum signal similar to previous signals on the current weekly chart. A breakdown of the 55 EMA on the weekly chart is very likely to reach the triple tops target of $88,016. Trade cautiously until we breakout of the daily sideways channel described in the video presentation.
NAS100 & SP500 BEARISH with 4H mom trending down. There is a support on the daily 55 EMA or weekly 9 EMA, but evidence supporting the bearish case is the MACD crossover and bearish histogram bars on daily charts. Weekly MACD and RSI signals serious divergences since July, 2025. My conclusion is that based on Bullish engulfing candle on 4H, I think there will be a bounce to the rise targets on the charts before dumping.
GOLD & SILVER SIDEWAYS: both consolidating in a pennant triangle on the 12H timeframe and I suggest it's best to wait for a breakout of the triangle for either a re-test of the all time highs to create a weekly divergence on the indicators or below the pennant triangle lows for the lower targets.
I did also examine the US10Y Yields as it affects both the dollar index and the equites market. The US10Y Yield seem to have bottomed it's downtrend on the 4H chart and currently consolidating above the 200 EMA and 55 EMA. I will be monitoring an uptick or a breakdown from this support zone.
These are my observation on the market this week and I thank you for visiting my publications.
Please give the publication a boost, comment with your insights and share with a trader you care about. They will thank you when it saves them from a bad trade or a missed opportunity. Have a profitable and great trading week. Cheers .
S&P 500 Reversal Roadmap: Second Bottom Forming at PRZ?As I expected in the previous idea , the S&P 500 index has indeed reached its targets after breaking through the Support lines .
Currently, the S&P 500 is approaching the Support zone($6,580_$6,490) , Potential Reversal Zone (PRZ) , and the 100_SMA(Daily) .
There’s a possibility of forming a second bottom and a descending channel in the S&P 500, suggesting that the second bottom could form near the PRZ .
From an Elliott Wave perspective, it seems that the S&P 500 is completing the microwave 5 of the microwave C of the main wave Y .
I expect that, after entering the PRZ or approaching the 100_SMA(Daily) , the S&P 500 will resume its upward movement and potentially rise to around $6,664 .
Note: The S&P 500 currently has a significant impact on the markets, especially cryptocurrencies like Bitcoin( BINANCE:BTCUSDT ). Therefore, a potential rise in the S&P 500 could positively influence Bitcoin as well.
First Target: $6,664
Second Target: $6,723
Stop Los(SL): $6,499
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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SPX500 Breakdown Warning: Major Supports— Bigger Crash Ahead?The S&P 500 index ( SP:SPX ) has become increasingly significant recently, and it has a notable impact on cryptocurrency markets, especially Bitcoin ( BINANCE:BTCUSDT ). Therefore, analyzing the S&P 500 not only benefits its own market but also enhances our understanding of related markets.
Fundamental Analysis:
Volume confirms distribution, while the ongoing U.S. government shutdown delays critical data (CPI, PPI), fueling uncertainty and risk-off sentiment. Fed’s hawkish pause on rate cuts and tech sector rotation (TSLA -6%( NASDAQ:TSLA ), NVDA -3.5%( NASDAQ:NVDA )) reinforce bearish momentum. Also, YTD performance now -3.2% in November — on pace for the worst monthly drop since 2008 (-7.5%
Technical Analysis:
From a technical perspective, the S&P 500 index is breaking the Support zone($6,773_$6,710) and moving near the Support lines and 50_SMA(Daily) . Given recent data, there’s a possibility that these supports may break.
Additionally, according to Elliott Wave Theory , we can expect more corrective waves ahead.
I expect the SPX500 index to decline to $6,633 after the support cluster is broken in the first step.
First Target: $6,633
Second Target: $6,583
Stop Los(SL): $6,815
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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S&P 500 at Make-or-Break Level – Bulls’ Last Chance!As I expected in the previous idea , the S&P 500 index ( SP:SPX ) has reached its target.
Given that the S&P 500 index has a strong correlation with other financial markets, especially Bitcoin ( BINANCE:BTCUSDT )—sometimes even tracking them candle-by-candle—it's a good idea to pay extra attention to the S&P 500 index these days.
Currently, the S&P 500 index is moving in a Heavy Support zone($6,775_$6,689) , although it entered this zone with a lot of downside momentum.
From a classic technical analysis perspective, there's still a chance that the descending broadening wedge pattern will hold. As long as this pattern isn't invalidated, we can still hope for at least a short-term bullish move.
From an Elliott Wave perspective , it seems like the S&P 500 index is completing the microwave 4 of the microwave C of the main wave Y within the descending broadening wedge.
I expect that after the next small dip, the S&P 500 index will start rising again from near the lower boundary of the wedge, the 50_SMA(Daily) , and Support lines .
Note: If the S&P 500 index falls below about $6,650, we should expect further downside. So let's keep an eye on that level.
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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S&P500: Rebound S&P 500 futures managed to stage a modest rebound in yesterday’s session and are now showing renewed upward momentum. In our primary scenario, we expect magenta wave (5) to continue climbing and to ultimately mark a final high that completes the larger blue wave (III). Afterward, we anticipate a corrective phase via magenta wave (A), which should pull the index toward support at 6,371 points. However, if prices drop directly below the 6,371 points support, our alternative scenario will come into play. In that case, the alternative wave alt.(4) would likely extend further downward, finding its low within the magenta alternative Target Zone between 6,055 and 5,822 points.
S&P 500 at Critical Support – Last Line of Defense?Since the S&P 500 index( SP:SPX ) is one of the key indicators in the financial markets, and it’s been highly correlated with parallel markets recently, it's always a good idea to keep an eye on its analysis.
Now, for example, Bitcoin ( BINANCE:BTCUSDT ) started to decline as the S&P 500 index dropped, and right now the S&P 500 index is at a pretty critical Support zone($6,774_$6,689) and Support lines. It's essentially moving right around its last line of hope.
From an Elliott Wave theory perspective, in this current zone, the S&P 500 index could be completing the Triple Three Correction(WXYXZ)=main wave 4.
Looking ahead, we might expect the S&P 500 index to climb up toward its Resistance zone($6,894_$6,859). And given the current positioning, the risk-to-reward ratio looks quite favorable—as long as you keep a reasonable stop loss in place and practice good risk management.
Note: if these Support lines break downward, we could see further declines in the S&P 500 index and in those correlated markets as well. So it's definitely something to monitor closely.
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SPX | Daily Analysis #11 - 4 November 2025Hello and Welcome back to DP
Review and News Coverage:
As mentioned in the previous daily analysis, the market saw a nice decline — even breaking through the 6811 area and reaching down to 6766. There wasn’t any major news driving the move; it seems the market simply took a breather to gather strength for the next potential rally.
Now that the past move is complete, our focus shifts forward. Tomorrow brings key economic events — NFP (Non-Farm Payrolls) and PMI data — both of which are likely to bring significant volatility to the market.
1H Time Frame Technical Analysis:
At the moment, this bull run could face resistance around the 6826 area. From there, a short-term correction toward the 6800 zone is possible (6811 is no longer relevant).
Personally, I believe the recent downside move has finished, and we should now start looking for buy opportunities. If the price retraces and holds above 6800, it could open the door for long entries and a continuation of the bullish move.
Summary:
• Resistance: 6826
• Support: 6800
• Bias: Bullish (Buy on dips)
• Key Events Tomorrow: NFP & PMI — expect high volatility
Disclaimer:
This content is for informational purposes only and does not constitute financial or investment advice. © DIBAPRISM
Amir D.Kohn
1.6 FIB Ceiling - Stock market correction soon in NOV/DEC.You can apply 1.6 FIB to FAANG or QQQ for high probability ceilings. VIX "structure" (pattern) or setup also indicates it. Stocks forming a sharp "wedge drop", extension from 50dma.
Bullish near term (probably?), correction in NOV/DEC.
I wonder if the first 5 (monthly) trading days in NOV are not volatile AF. 😂
S&P 500 Bulls Back in Control – New All-Time High Ahead?As I expected in my previous idea , the S&P 500 index( SP:SPX ) pulled back from its Resistance lines and hit its target.
Right now, the S&P 500 index is in the process of breaking through a Resistance zone($6,894_$6,859). Just a few hours ago, it successfully broke above the upper line of a descending channel , which is a positive sign for a renewed upward move .
From an Elliott Wave perspective, it seems that the S&P 500 index has completed its main wave four, and after breaking this Resistance zone($6,894_$6,859) , we can anticipate the start of a main wave 5 .
I expect that once the S&P 500 index breaks through this Resistance zone($6,894_$6,859) , it will likely climb at least up to the next Resistance lines and the Potential Reversal Zone (PRZ) .
Note: The cryptocurrency market, and especially Bitcoin( BINANCE:BTCUSDT ), has been highly correlated with the S&P 500 index these weeks.
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SPX - clear bullish signs ahead..SPX Has recently tested major support levels but struggled to break through below and bounced back up to the upside. The price also broke through the resistance trendline to the upside which is a major clear sign that SPX will be hitting the next upward target (fibonacci extension) shown on the chart






















