S&P 500 Index
Here is our detailed technical review for SPX500USD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5188.9. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5282.3 level. P.S Please, note that...
SPX500 went down sharply And the SPX is locally oversold So as we are already seeing a Bullish rebound from the Horizontal support level of 5015 A further move up is to be expected !
Using inverse powers of phi to form an harmonic grid. Peak a view. Cheers, Keops
SP500 reached a strong reversal area where price reacted in the previous week. I was expecting a little pump in my previous ideas, and honestly i wasn't expecting it to rise so much. But i am holding my short trades and i am adding more here, consider i expect a selloff this month. First target the support zone at 4990
Hello everyone, as title says, today I would like to speak about the S&P500 and its market valuation in the current economic environment. Since I prefer to study and analyze markets on higher time frames rather than day-to-day, this Case Study is based on quarter outlook (3M chart), to capture most of the available information using metrics that have...
Our friend Fibonacci is showing up a possible next move for SPX. Actually is ranging exactly on the 1.618 level of the last leg, and usually this level to a retrace till the level 1. There we could probably see a reversal that could lead the price into the resistance area at 5250, but it's probably too early for that
SPX500USD has been undergoing some bullish momentum over the last few days. This may lead to a potential push to the $5350 region over the next few days. Further movement will take time to tell; but overall it’s currently looking good. All 4 of our Core YinYang Oscillators and exhibiting Bullish Momentum; however since there is such low Volume, it’s hard to...
Last weeks levels provided to be partly actionable and price has immediately responded (See attached post). Comfortable holding this 50% long position with stop/target untouched. Will be looking for opportunities to buy the other 50% and increase risk as I'm confident in the bullish sentiment after last weeks Feds statement. I hold an underlying belief that the...
Two years after my last big short on SPX, the price has once again reached the top of the ascending channel. Based on this scenario , the expectation is that SPX will peak within the next two months , around early May 2024. Initial target 4,800, stretch 4,400 Incidentally, Bitcoin appears poised to surpass its 2021 all-time high, during which Bitcoin peaked...
Pair : SPX500 Index Description : Consolidation Phase Completed " 1234 " Impulsive Waves Break of Structure and Retracement Fibonacci Level - 61.80% Exp Fiat as an Corrective Pattern in Short Time Frame
Please, check our technical outlook for SPX500USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 5078.5. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
Everyone senses there is something coming, but nobody knows what it is. Regardless the markets will correct massively, technically because we haven't had a 0.61 fib correction in a decade, secondly because the bags are too heavy and everyone is bagholding, we need to shake those who call themselves diamond hands at +50% price discounts, i.e. cheaper...
SP500 is on track and is following the idea i shared some days ago. I expect a continuation of the drop till the 4800-4900 area, and probably the target will be hit in May/June. Here i will look for longs to hold till Q4 2024. Updates will follow
Logarithm. Large timeframe 1 week. On the chart a big bowl, you can say already with a handle, the price is testing the resistance of the previous market highs for the 3rd time (entering this zone). Breaking through it, this resistance will become a very strong support during the pumping (probability no more). Simplifying the complex is the key to...
By Wolrd Forex Traders Hello 👋 "G old Market Analysis 💡📊👀 4H Time Frame Chart 📉🕒 _Bearish Signal ⚠️👎_ We're seeing a potential short opportunity in the Gold market, with a current price of 2354. Our target is 2300, which is a key support level. A breakout below this level could lead to a significant price decrease 📉💸! _Analysis 🤔📊_ The 4H time frame...
Institutional Tactics analysis 1;3+ Risk reward setup This my inclution to the setup if you like my content and signals please Follow and comment Hit the like button and show some love wish you good luck and good trading
Please, check our technical outlook for SPX500USD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 5110.2. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 5146.0 level. P.S The term oversold refers to a...
AMEX:SPY looks to be showing signs of weakness here. Thinking that we could see the first large decline of the year into one of the support levels below $479-$495. Breaking the trend line would be the trigger. If that happens and we do get a low, then I think we'll have one final rally to the upper resistance levels between $525-$530. Another possibility, is...