02/15 Pre market planGetting back to markets today. we have a supply zone sitting 5019 - 5028 the price its rejecting there, but i would like to see a break under 5004 to play shorts targeting 4986 4980. lets see the open. open to new levels that forms during the day.by SrSovi0
My new #1 S&P 500 chart to all who may be interested.Always looking to improve...This is my new #1 MES1! chart that I am using. It uses 4 TV indicators as shown with default configuration and my old favorite shown as "DAP 2xTSL S" which is actually just two copies of TV "Accurate Swing Trading System - Ceyhun". My fingers are always crossed. Trade at your own risk!Longby anotherDAPTrader1
2/15 Thursday Trading Plan📊 Market Sentiment: Neutral to Bearish U.S. Economic Projections: Rosenberg's Recession Warning: Forecasts an 85% chance of a recession in 2024, highlighting financial conditions and the yield curve as critical indicators. Global Economic Outlook: Tight Monetary Policy Impact: The World Economic Situation and Prospects report underscores the impact of tight monetary policy and geopolitical uncertainty on global growth. Japan's Economic Status: Shift in Global Rankings: Japan's economy contracted, marking a technical recession and positioning it as the world's fourth-largest economy. Stock Market Movements: Market Optimism vs. Volatility: Despite recent gains, there's caution over volatility and market corrections tied to central bank actions. Cryptocurrency Market: Bitcoin's Resurgence: A significant recovery for Bitcoin, reflecting renewed investor confidence in cryptocurrencies. Corporate Earnings and Job Cuts: Mixed Corporate Sentiment: A strong earnings season faces pressure from potential rate cut delays and job cuts in response to economic conditions. Inflation and Monetary Policy: Central Bank Challenges: Inflation data has led to uncertainty about the Federal Reserve's rate cut timeline, impacting markets and treasury yields. Geopolitical Tensions: Stability Concerns: Ongoing conflicts and tensions underscore the importance of geopolitical stability for economic confidence. 📈 Trading Plan for Thursday: Support Levels to Watch: Key Supports: 5010, 4998-5000, and 4984, serving as crucial points for maintaining current market stability or signaling potential shifts. Resistance Levels to Watch: Critical Resistances: 5018 and 5034-36, acting as barriers to upward market movements and indicators of potential shifts in sentiment. Trading Strategy: Post-Inflation Data: The unexpected inflation report necessitates a cautious trading approach, with emphasis on navigating potential volatility. Bull Case: Monitoring the market's ability to maintain above 5010 and potentially reclaim key resistance levels for a continued rally. Bear Case: Preparation for a downward trend should key support levels, particularly 4998-5000, fail to hold, signaling deeper market corrections. Tactics: Focus on disciplined trading within identified support and resistance levels, prepared to adapt quickly to market volatility following economic data releases. 🛑 Disclaimer: This analysis is for educational purposes only and is not financial advice. Consult a professional financial advisor before making any trading decisions.Shortby spytradingpro552
S&P 500 Market Update - Fibonacci Harmonic PatternTeam - I took the Fibonacci Dragon Pattern long on todays DIP Up over 1400 now moving stop loss to break even - RISK FREE TRADE NOW DROP A LIKE and I will post more of these setupsLongby tradingwarzoneUpdated 5
S&P 500 Futures support and resistance 📜There are currently two levels on USD/CAD. One short level is 5020.00, where the weekly volume cluster is visible. The other level is the long level at 4945.00, where we can see the rejection of the lower price level.by Trader_Dale2
2024.02.14 ES AMS scenarioI anticipate one more leg to the upside => around 8.30 reversal to the downside. I anticipate corrective downside move for now. Shortby Yoo_CoolUpdated 0
2/14 Wednesday Trading Plan📊 Market Sentiment: Neutral to Bearish U.S. Economic Projections: Congressional Budget Office (CBO) Outlook: Projects a slowdown in 2024 with a potential rebound in 2025 as the Federal Reserve lowers rates. The 2024 deficit is anticipated to be smaller than previously estimated, indicating a cautious approach towards monetary policy. Stock Market Performance: Inflation's Impact: Unexpectedly high January inflation led to significant market corrections, with the Dow experiencing a notable drop. Tech stocks, including giants like Apple and Amazon, were particularly affected. Interest Rates and Inflation: Federal Reserve's Stance: The anticipation of the Fed's rate cuts has been postponed due to the inflation report, affecting Treasury yields and the overall market sentiment. Investment Trends and Strategies: 2024 Outlook: Analysts remain cautiously optimistic, with AI in finance, digital currencies, and sector-specific strategies being highlighted as key investment trends. Corporate News and Global Market Trends: Corporate Movements: Notable acquisitions and earnings reports, such as KKR's stake in Cotiviti and ABN AMRO's profit beat, influence market dynamics. Global shares showed mixed responses to U.S. inflation data. Recession Concerns and Geopolitical Factors: Economic Risks: Ongoing geopolitical conflicts and concerns over a potential recession in 2024 continue to pose uncertainties for the global economy. 📈 Trading Plan for Wednesday: Support Levels to Watch: Critical Supports: 4928-33 and 4956, serving as pivotal points for market stability or indicating potential downward trends. Resistance Levels to Watch: Key Resistances: 4969-71 and 5018, acting as barriers to upward movement and indicators of market sentiment shifts. Trading Strategy: Post-Inflation Report: Given the market's reaction to the inflation data, traders should adopt a cautious approach, prioritizing capital preservation. Bull Case: Focus on the market's ability to reclaim key resistance levels, particularly 5018, for a potential rally towards 5057 and beyond. Bear Case: Prepare for further declines if support levels, especially 4928-33, fail to hold, potentially signaling deeper market corrections. Tactics: Emphasize disciplined trading within identified support and resistance levels, with readiness to adapt to market volatility post-inflation report. 🛑 Disclaimer: This analysis is for educational purposes only and is not financial advice. Always consult with a professional financial advisor before making trading decisions. Shortby spytradingpro0
S&P500 - 1st bullish expansion after strong test of absorption After the farmer strikes, the bearish iwf news from 30st of january the bearish cutting of a channel was absorbed as you can see by the expansion of the distant lines. The duration in lower areas was quite low and getting lower and lower as for now. Actually (after the CPI report) we get the lowest reading since weeks. the big money is taking oportunity of low prices, rotation is taking place. on the right you can see a 2h creek, it got broken to the upside and we can see a little expansion after the test of a very strong potential ice line (like David Weiss would call them). I think we will see market breadth going up the next days. The german market looks great . Best Luck for You all :) good tradin' <3Longby revilo19870
ES HTF Pivots and directional pathingES HTF Pivots and directional pathing Current Auction is between 4082-4088.50 and 4060-4055. We have seen supportive bids step in at our 4037 HVE (High Volume Edge) and should expect buyers to show interest there unless 4930 flips to resistance on a re-offer. BEAR PLAN IF sellers make 4030 resistance we look for the 4920-4916 20 Day POC to act as a magnet for price BULL PLAN IF buyers can make 4082 supportive on a re-bid we can look for a push up into the top of our previous 2 week balance 4997-5000 IF buyers are willing to transact and built out value at our 5000 level we can look for price to look up to our 5 Day POC at 5012 IF buyers are willing to push above and make 5012 supportive we can look for price to push to fill the RTH gap to 5033 by SigCharts0
/ES: Setting up for a Potential Move up From Support ZoneThe Futures market went down a lot after the CPI release and stopped at a congestion zone which may act as a support level. If it does, I think we could at least recover the $4995-$5000 area, which could be good for Bull Put VerticalsLongby RizeSenpaiUpdated 1
2024.0213 ES st sc final hour PMSI anticipate upside move. It is still to be a corrective but substantial to work with. Longby Yoo_CoolUpdated 0
ES UpdateRSI and MFI hit oversold on the 3 hr, but Europe looks bearish. If the market gaps down 2 days in a row, it'll fill that second gap. Gonna wait until open tomorow and possibly do an easy play like PCAR gap fill, lol. Yes, it left a gap this morning.by hungry_hippoUpdated 556
S&P500 in 2020 & 2024. OR ARE YOU READY FOR A NEW ONE SKYFALL!?Due to recent publications by TradingView Team and many other TradingViewers I wonder, how strong people still believe in 4-years inflation/ disinflation credit cycle, with their eternal BTC-to-the-Moon expectations. Okkkay, Google. Let it be.. Let it be... Each coin has two sides. Just remembered, how many Covid19-talking people were there in the room a couple months before it's happened in early 2020. The main graph is comparison between SP500 4 years ago and in nowadays. Similar, or not? - Time will show! // This is the end Hold your breath and count to ten Feel the Earth move and then Hear my heart burst again For this is the end I've drowned and dreamt this moment So overdue, I owe them Swept away, I'm stolen Let the sky fall When it crumbles We will stand tall Face it all together Let the sky fall When it crumbles We will stand tall Face it all together At Skyfall At Skyfall // Not an investment advice by PandorraUpdated 6
ES UpdateWOke up late, lol. Happens sometimes when I'm all cash. Anyways, there's the CPI numbers I cautioned against last week. Came in higher than expected so down goes the market. Definitely a bigger "dip" than I expected. Just posting the 3 hr chart because ES isn't oversold yet. My best guess is reversal tomorrow/Thu, then a pop on Friday on PPI numbers, but keep in mind that the forecast wasn't right for CPI numbers.... by hungry_hippoUpdated 3
AM Chop = Run on Stops after noonCME_MINI:ESH2024 Shorting the weaker asset, CME_MINI:NQH2024 hit a H1 PD Array & M5+M15 CISD Shorting inside an Opening range gap acting as a NWOG Shortby yamixtrr0
2024.02.13 ES st sc AMSI anticipate one more low and reversal for corrective upside retracement above LRS bs level. 8.30 news is to bring another leg down.by Yoo_CoolUpdated 0
2/13 Tuesday Trading Plan📊 Market Sentiment: Neutral to Bearish Catalyst: The latest CPI results will be released this morning at 8:30 AM (EST). U.S. Economic Projections: Congressional Budget Office (CBO): Forecasts slower economic growth in 2024 with unemployment rising due to tight monetary policy, but expects growth rebound in 2025 as Federal Reserve lowers interest rates. Global Stock Market Movements: Fluctuations observed with the S&P 500 reaching record highs, driven by optimism and big tech performance. Nikkei 225 also sees significant gains. Interest Rates and Inflation: Inflation easing may lead Federal Reserve to begin rate cuts later in the year, fostering hope for resolution against inflation. Investment Trends and Strategies: Trends focus on AI's impact on finance, performance of digital and cryptocurrencies, and outlook for tech and ESG funds. AI in Finance: Vanguard incorporates AI into quant stock funds, highlighting the trend of AI integration into investment strategies. International Developments: Prime Minister Narendra Modi's engagements in the UAE and Qatar aim to deepen bilateral ties. Corporate Bonds and Insurance: U.S. investment-grade corporate bonds expected to offer impressive returns in 2024, while insurers may focus on margins over growth. UK Market and Employment: The UK's unemployment rate falls, indicating a tight job market. Wage growth and unemployment trends remain critical. 📈 Trading Plan for Tuesday: Support Levels to Watch: Critical Supports: 5034, 5018-20, and 4959, indicating pivotal points for maintaining bullish momentum or indicating potential bearish shifts. Resistance Levels to Watch: Key Resistances: 5048-50, 5057, and 5070-76, serving as potential targets for upward movement or reversal points for bearish trends. Trading Strategy: CPI Day Caution: Emphasize capital preservation, acknowledging potential volatility from CPI data release. Bull Case: Focus on holding above 5018-20 for bullish continuation, eyeing targets at 5057 and 5076-80. Bear Case: Watch for breach below 5018-20, indicating a shift towards bearish sentiment and potential deeper sell-off. Tactics: Emphasize disciplined trading within identified support and resistance levels, with cautious engagement in new positions given expected market volatility from CPI data. 🛑 Disclaimer: This analysis is for educational purposes only and is not financial advice. Always consult with a professional financial advisor before making trading decisions.Shortby spytradingpro0
Combined US Index potential breakdown imminentHere is how I see it... 1. MACD Bearish divergence on both MACD and VolDiv and being extended further, increases probability of a retracement happening; 2. Sequential counts completed... retrace ent could begin within the next 5 candles; 3. Candlestick pattern shows a toppish doji; 4. SG10Y heads up for volatility and retracement incoming, So there... heads up!!! Going down for a good bit.Shortby Auguraltrader1
ESH2024 - CPI - RTH Market StructureCME_MINI:ESH2024 Never try to predict CPI & trade based on that if we have a clear RTH MMXM But hey, CPI can do anything right ? 5002.50 stops on the book to be filled Tomorrow or ThursdayShortby yamixtrr111
a daily price action after hour update - sp500Good evening and i hope you are well. Today we witnessed a perfect bull trap above the recent new all time highs for US markets. Here is the most important quote from my weekly outlook i posted yesterday: We already ranged at the highs for some time now and for most indexes it’s just a higher high and now i expect a major trend reversal. Hence the title, the bear awaking. The higher highs maybe higher than i anticipated, yet the thesis was and is perfect and if bears can get follow through the next days, the highs are in for maybe a decade. sp500 Quote from yesterday’s weekly outlook: We could easily see a 200 point drop to the daily 20ema because no one wants to be left holding the bag buying at the ath and the market is overdue for some sort of minor correction. Bears wont get a bigger one until we have traded more sideways at the highs. Biggest question now is the monthly close and if bears manage to close it below 5000, i think its very likely that the highs are in for the year. Targets for the bears next week are 5000, 4950, 4900. Market rallied hard and fell harder afterwards to close below Friday’s close. Perfect bull trap. bull case: Bulls made another ath and have many support lines to buy from. As long as they keep it above 5025, bulls are still in control. They want to trade back up from the lower bull channel trend lines for at least a retest of 5050 or 5066. bear case: Bears stepped aside for the opening rally to a new ath, just to aggressively sell the double top bar 13 at 5065. The sell off was strong enough to expect a second leg and a measured move would bring us right back to 5000. They trapped many late bulls and many more will have stops around 5020/5000. So if bears can generate good follow through, we might see more big profit taking. Next target below 5000 is the daily 20ema around 4940. short term: sideways to down medium-long term: medium-long term: down - what would change that? two consecutive daily closes above 5100 trade of the day: long from the open because it was right at the 1h 20ema and bar 9 was a good 15m bull signal bar and short bar 13 (was a perfect double top on the 5m chart)Shortby priceactiontds0
2024.02.12 PMS ES st scI anticipate upside and reversal later. The new high is possible but less likely that upside retracement. Once the price gets into the target for upside retracement I will start to look for signs of reversal to the downside. by Yoo_CoolUpdated 0
A nice day to buy some puts~It's the third time for index hitting the 2/1 line and so a nice chance for the remaining short sellers to show some power!Shortby fibretracementgann2
2024.02.12 ES st scI anticipate some downside move fist. The reversal to the upside later and move to the new daily highs. The first target is 5050.75 Longby Yoo_CoolUpdated 0