Hello traders,The price currently needs new negative momentum to enable it to resume the negative attack to soon target the 4183 level, and then let us wait for it to attack the 50% Fibonacci retracement level positioned near 4138.
Pivot Price: 4215
Resistance prices: 4265 & 4302 & 4346
Support prices: 4183 & 4138 & 4098
The expected general trend for today:...
Yesterday we observed a good rejection off of daily zone from SPX. now we wait for it to pull back to the daily zones coinciding with 8 EMA and the time base low AVWAP (red) and reject it.
inside value day today, so if it breaks PD VAH, there can be long opportunities but not interested in that today..
rest of the technical details are in the chart.
The market has recently exhibited a series of bearish indications, suggesting potential further downside for the SPX:
Price Action: The market gapped down after September 20th and hasn't recovered those levels.
Short-Term Moving Averages: The 50-day moving average recently crossed below the 21-day, indicating a potential short-term downtrend. Moreover, the price...
SPx500
if it falls above 4310 in this direction will rise to 4337 then 4361 then 4383
but if it is below 4310 the direction will go down 4278 , 4253 then 4227
Pivot Price: 4310
Resistance prices: 4337 & 4361 & 4383
Support prices: 4278 & 4253 & 4227
timeframe:4
Let's be honest. SPX is in an uptrend now. The price has been creating higher lows and higher highs. The downsloping trendline which was acting as a strong resistance in March 2023 was retested and confirmed as a support. Since then the price has been in the uptrend and in our opinion we are at the early stage of the new BULL MARKET.
Yes, you hear it right: BULL...
SPx500
if it falls above 4265 in this direction will rise to 4288 then 4312 then 4334
but if it is below 4265 the direction will go down 4219 , 4197 then 4177
Pivot Price: 4265
Resistance prices: 4288 & 4312 & 4334
Support prices: 4219 & 4197 & 4177
The expected trading range for today is between 4219 and 4288
timeframe:4
SPx500
if it falls above 4265 in this direction will rise to 4288 then 4312 then 4334
but if it is below 4265 the direction will go down 4219 , 4197 then 4177
Pivot Price: 4265
Resistance prices: 4288 & 4312 & 4334
Support prices: 4219 & 4197 & 4177
The expected trading range for today is between 4219 and 4288
timeframe:4
SPX 500
Lower highs now for the last two months and higher lows still bearish here till break the highs at the $4333 area, the target is the next low on the left at $4100
Hello Everyone. I want share my idea about S&P 500 which will be signal for next week.
After Some pretty bearish momentum we got rejection from daily support. i think S&P will continue fall and i will try to catch that moment, for that i identify liquidity swings which gave me perfect entry area after used my Fibonacci levels, Fibonacci 78.60LVL and daily...
SPX\S&P500
W1 – the third wave pattern has formed. The previous week closed with the level consolidating and the 1st wave breaking through (4334.4) – global targets 4045 – 3800.
What can you expect?
You can consider an entry from breaking through the level of 4277 to continue the movement down to the levels of 4092. Having canceled the movement, the price...
SPx500
if it falls above 4309 in this direction will rise to 4334 then 4353 then 4375
but if it is below 4309 the direction will go down 4279 ,4259 then 4240
Pivot Price: 4271
Resistance prices: 4334 & 4353 & 4375
Support prices: 4279 & 4259 & 4240
timeframe:4H
I believe that SPDN will form a new all-time low in Q4 with a drop below $13.90. For those who are bearish on the S&P, I drew the key price targets on the way up for those who are long SPDN. For now the EMA ribbon is acting as an area of resistance and a red resistance line that intersects with the yellow resistance zone. These are short-term resistance levels to monitor.
SPx500
if it falls above 4271 in this direction will rise to 4290 then 4309 then 4334
but if it is below 4271 the direction will go down 4254 ,4232 then 4213
Pivot Price: 4271
Resistance prices: 4290 & 4309 & 4334
Support prices: 4254 & 4232 & 4213
timeframe:4H
SPx500
if it falls above 4316 in this direction will rise to 4334 then 4353 then 4394
but if it is below 4316 the direction will go down 4304 then 4286 then 4254
Pivot Price: 4316
Resistance prices: 4334 & 4353 & 4394
Support prices: 4304 & 4286 & 4254
timeframe:4H
Hi Everyone,
A summary of the last 5 recessions since 1981... These recessions triggered declines of at least 20%. The Great Recession from December 2007 to June 2009 was the one that most affected the market with a decrease of about 57%. Regarding macroeconomics, the Americans are currently implementing a monetary tightening policies and have announced a final...
The SP500 index continues to rise as long as it remains above the 20-week moving average, but this may be coming to an end. Weekly closes below $4436 will create a negative outlook. A correction could push the index down to the 100-week moving average of $4160. But as long as the index remains above $4436, the rise will continue.
