Took SPX 500 LONG at 4260 Looking to Tag 4350 into Sediment
We can't go long on spx unless we break that blue area.
SPX needs to break 4245 to be bearish on this move, otherwise still in the trend channel. Watching 4248-52 level, can be a good r/r long there at least for a bounce with a stop below 45
Expected a high being hit today, we got it. Expected a close below 4308.5SPX, we got it. Expected a red close, got it only on NASDAQ and Small Caps. As long as we stay below 4340SPX we should see lower is my next expectation. VIX (see my update earlier) has a clear ISH pattern. Main support is 4177SPX Tomorrow must watch numbers are - 4285 and especially 75,...
SPX coming to the top resistance where it previously got rejected (2x). Also looking at a similar fractal, as well as de MACD showing similar movement. Price is either gonna go bullish here and breakout, or we're gonna see a big downwards move.. What do you think?
After news, the dollar fell sharply, which had a significant impact on price increase. Traders are very interested buy, price has strongly broken of key zones, looks likely to up 4350 or 4470.
Nothing much to add since my most recent updates. The price is in the target zone I had for a while now. Was expecting a good size pullback, never happened. Im still in some trapped ES short, as well as RTY from Fri close and some SPY puts. We got right into the Yellow dotted line I had for months now, its the main resistance line and right in our 4308SPX target...
...is highly unlikely. The chart above shows the entire price history of the S&P 500. Each candle is a 6-month period. The channel that you see is a regression channel. It shows how far above or below the mean the stock market is at a given time. At the close of 2021, the stock market hit the 2-sigma deviation from the mean. This is about as over-extended as...
Nothing much I can add, but few things: Lots of evidence of the market hitting the ceiling - SPX is at 61.8 fib retracement, very important to watch - Added a trendline off Feb 2020 and Sep 2020 highs, we are right at the resistance zone. - Main target (4308-30) is getting close to hit with no 4th wave pullback but relentless grind in a C wave up. - Weekly...
SPX500 has dropped 25% from its peak on Jan 22. It has recouped around 14.5% loss and it is above 200 EMA. The trend appears to have reversed. The market is in a bull phase now. It is safe to be long if the market is above 4,200 levels.
Well, that is the end of my first equity market short with price moving 17% (within the trade) - not bad for my first try. I'm sure that is pretty much unheard of and only possible in these turbulent times. Perhaps not the end and 3,300 is still viable but target was always March 2021 price range. Best, Hard Forky. November 2021:
spx 500 Index Analyst on 8/10/22 Today we're here to talk about the SPX 500 Index What's on the market now: Today the index is trading at 4198. And we saw a sharp increase in the index, after yesterday's short and short correction. The market still has the possibility of the index moving towards the level of 4280. But due to the large number of trading...
- VIX gave a long signal and short signal for the markets, same as we had on the 29th of July. Tomorrow we have a directional change as well as Fri with clear low on the 16th. I would like to see a good move lower starting tomorrow or Fri and a gap down on Monday. Volatility spike on Monday supports my view on this possible outcome. And then reversal day on...
Im watching 3992 and 3938-40SPX zone for a possible support zone by Aug 16th. Should stay below the broken channel and gap down tomorrow
SPX 500 LONG Inverted H&S Looking at SPX500 returning to Intraday R1 Resistance @ 4160 If market falls below 4100 trade is invalid...
Didnt do a weekend update, was no point, nothing new since the last updates. NQ hit it's resistance cluster I mentioned before, SPX did as well and even exceeded a bit, but now way below it. Resistance cluster is at 4160-77SPX, where 68 is the maj resistance on closing level Im going to watch 3992 and 3938-40SPX level for the support to hold and a push into EOM...
spx 500 Index Analyst on 08/05/22 Today we are here to talk about the SPX 500 index What's on the market now: Today the index is trading at 4151. And in the last trading week, we saw a sharp upward movement to our target zone of 4125. This is where a small correction caused by profit taking began.. Now the market is developing a steady movement, I expect...
Video analysis of the recent Price Action to the SPX500. Hope this helps anyone interested.