ID: 003 - PM02.26.2024 Next trade executed. 171 DTE. Trade construct is an unbalanced butterfly structure. Short Strikes DELTA -15 Happy Trading All! -kevinby KevinsUpdated 0
S&P500 ready to sell? Hi folks, it's my opinion on S&p500 Candle formation on 4H, 15 min shows signals that price go through 5075 zone for sweeping liquidity , be care that if price go throught 5120 zone strongly and close above it in 15min this analysis would be fail.Shortby somayehbasiri2
SPX: Fed implied volatility?Previous week was the one where the S & P 500 performed in an excellent manner, increasing its index value by 2.7%. The three-week losing track was finally broken, and the index ended the week at level of 5.124. For one more time, tech companies were the ones that were driving the market to the upside, especially after strong earnings from Microsoft and Alphabet. However, it should be noted that META was on a losing track of 10% due to its higher capital expenditures forecast. More earnings reports are set to be released in the week ahead, focusing on Amazon and Apple. In addition to the forthcoming earnings reports, it should be considered that the Fed's rate decision is set for May 1st. This might bring some further volatility to the markets, especially now, when markets are giving up on a previous Fed`s promise over three rate cuts till the end of this year. In this sense, investors are currently strongly focused on what the Fed has to say in an after the meeting statement. Then it will be clearer, whether the current market optimism for equities will hold also in the future period. by XBTFX13
SP500 Main targetSP500 is looking bearish, and i think we will see a major correction in the next weeks. I have my main target at $4.750, were the price could bounce back up. I will enter short with small size and i will add shorts if the price will go up, invalidation above actual highs at $5.300Shortby CryptoForexGem3
Bullish momentum picking upThe S&P 500 (US500) has made a bullish bounce off the pivot. Could this index continue climb higher towards the 1st resistance? Pivot: 4,956.50 1st Support: 4,847.20 1st Resistance: 5,223.68 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.ULongby ICmarkets2
5254 min target Money flow and AD basing with price action. In fact, I see an ascending triangle to 5254 min, fomo pushes it closer to 5300. There will monitor for a cup/handle completion. It's a flag breakout if AD breaks out from red line at bottom, which is a previous resistances sell off level.. this a 4hr chart, so expect lots of volatility this week..Longby moneyflow_trader232311
STOCKS ARE GOING DOWN!!!With the FX:SPX500 facing declines and more bearish setups since the past 5 weeks (or one Month) more of it is yet to come! According to my analysis and market perspective, The stock market would likely be hit with bearish signals and signs starting from the early days of may 2024. In a technical description, price has failed to rally above the last key level there for telling us it is heavy and weak to the extent of fighting a certain level since the early days of April before finally dropping on 15th April 2024. The current rally is just a famous formation; break and retest scenario. Price is expected to rally to the level or region which it broke out from then in confluence with a 4th touch of the descending trendline, and order block and Fibonacci golden zone. If all technical tools keep price below standards of the yellow bar (key level) by showing bearish signs, patterns or setups then we can conclude that the anticipated drop has begun! The Overall bus stop or take profit for this anticipated drop would be level 4591.61 which is roughly a 571 pip drop on SPX. Any bullish breakout to the upside and above the yellow bar would automatically regard this trade and bias as invalid and violated, please if that happens, flip bias to the upside and avoid selling!!!!! 𝗫𝗘𝗟𝗔 𝗨𝗡𝗜𝗩𝗘𝗥𝗦𝗜𝗧𝗬 ○ 𝗙𝗢𝗥𝗘𝗫 𝗖𝗥𝗨𝗜𝗦𝗘𝗥𝗦 @alexraphael00Shortby alexraphael5
tapda and power of 3 tapda and power of 3 entry test CAPITALCOM:US500 TAPDA Framework: TAPDA is a comprehensive framework used by traders to analyze various aspects of market behavior. Here's a breakdown of each component: Trend: This involves identifying the direction in which the market is moving. Traders typically use trend analysis tools like moving averages, trendlines, or price action patterns to determine the prevailing trend. Acceleration: Acceleration refers to the speed at which a trend is developing or changing. It helps traders gauge the momentum behind a trend. Acceleration indicators like MACD (Moving Average Convergence Divergence) or Rate of Change (ROC) can be used to assess momentum. Participation: Participation measures the breadth of market involvement in a trend. High participation suggests widespread agreement among market participants, reinforcing the strength of a trend. Traders often look at volume indicators or market breadth indicators to assess participation. Duration: Duration refers to the length of time a trend has been in place. Understanding the duration of a trend helps traders assess its maturity and potential for continuation or reversal. Adaptation: Adaptation involves the ability to adjust trading strategies in response to changing market conditions. Traders need to be flexible and adaptive to navigate evolving trends and market dynamics effectively. Power of Three Entry Model: The Power of Three entry model is a trading strategy that utilizes three key components to identify high-probability entry points: Trend Confirmation: The first component involves confirming the prevailing trend using technical analysis tools. This could include trendlines, moving averages, or chart patterns. Momentum Confirmation: The second component focuses on confirming momentum in the direction of the trend. Traders look for indicators like MACD, RSI (Relative Strength Index), or Stochastic Oscillator to validate momentum. Volume Confirmation: The third component involves confirming the strength of the move with volume analysis. Increasing volume accompanying price movement strengthens the validity of the trend and entry signal. Traders using the Power of Three entry model typically look for alignment between these three components before entering a trade. This alignment increases the likelihood of success by ensuring that multiple factors support the trade idea. When applying these concepts on TradingView, you can use various built-in indicators and drawing tools to analyze trends, momentum, volume, and market participation. Additionally, custom scripts can be developed to automate certain aspects of the analysis or to create unique indicators tailored to your specific trading strategy.Shortby lasinsraj9
An Important Bottom Could be Made on May 17, 2024Assuming the SPX continues to trend lower an important bottom could be made on 05/17/24. The bull phase from 01/05/24 to 03/28/24 was 57 trading days multiplied by the Fibonacci ratio of .618 equals 35 trading days. Adding 35 trading days to 03/28/24 targets 05/17/24 for a potential SPX turn. Shortby markrivest5
Another drop for SPX500USD?Hi traders, Last week SPX500USD made a correction up into the daily FVG. For next week this pair could drop again to finish the bigger correction down. But at the moment this pair is bullish. So wait for a change in orderflow to bearish to trade shorts. Trade idea: Wait for a change in orderflow to bearish to trade shorts. If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! EduwaveShortby EduwaveTrading0
S&P 500Hello dear traders, the S&P 500 has started to correct after a long period of ascent in its chart. We are looking for a good selling opportunity until the price reaches our order block, allowing us to repeat an excellent buying position for ourselves. I have explained in a very simple and smooth way on my chart where the liquidity is located! This liquidity, after hitting the powerful order block, will cause a severe correction. # Smart Money. # Liquidity. # Hunter. Shortby fereydoon119910
SPX, big pictureThis count has primary wave 1 peaking in October 2007, wave 2 a zigzag down to March 2009 low, wave 3 peaking in September 2018, wave 4 an expanded flat bottoming in March 2020 (COVID-19 low), and wave 5 peaking in January 2022. This would complete a full impulse from ATL to ATH. After January 2022 (which would be wave 2 of largest degree), I have what looks like an expanded flat, which I project to bottom in the 2750-3250 area. The bottom of the C wave should at least pierce below October 2022 bottom. Count assumes that top of B wave is complete at 5264.85.by discobiscuit6
Trump Will Set Rates If Electing. Potential Rally in EquityI thought we'd see the top. I couldn't see any way to print more money. No knobs or dials left. Until I saw multiple reports of Trump planning to oust Jpow, and nullify the separation between the US Federal Reserve and the US Government. That would mean that an elected Trump would control the interest rates. He wanted negative interest rates when he was in, and he has a plan to make that happen if elected. I'm expecting markets to rally next week. This will potentially have two effects: debase currency (embed inflation) and boost economic activity. It has another effect of subduing the bad debt risks from CRE and consumer debt as it makes the debt easy to service again. But it could devalue currencies globally as a lot of them are correlated to the USD even if they're not directly pegged. A lot of central banks are swapping dollar reserves for gold. And 20% of oil q1 was transacted without the dollar. Dropping rates would compound the downward pressure on the dollar. It makes some sense as an invisible tax that would reduce the US debt's real value as well. If inflation runs hot for a couple years, that would charge an "inflation tax" paid to the deficit. But it risks rattling consumer confidence. We'll see what happens. That would be wild to see.Longby decklyndubs3
SPX to 3000 over the next 450 daysReaching long term trend line and forming a cypher harmonic. highlighted a smaller similar fractal from 2018. Markets have made me, and almost everyone too rich over the past 1.5 years. and before that, even more so. This market peak will be looked back upon for its own specific bubbles, primarily Bitcoin, and every meme coin. Beanie babies, Madness. that will all disappear to. Berkshire Hathaway also has a weekly macd cross down, and that paired with one on SPX,NDX,DJI always spells disaster. its time for a cleansing. I am not shorting, But I am not in cash making interest. I would generally expect a 20% correction, and that really may be all we get, but it could be due for the big one. Shortby MikeMM4
SPX vs Consumer Staples Index XLP / SPX - Correlated!An interesting chart appears when you divide the Consumer Staples Index XLP by SPX. In 2000, XLP/SPX reached the bottom, the top in SPX was 153 days later. IMO, same thing will happen in 2024. Feb 1, 2024 XLP/SPX reached its bottom. 153 days later is in July 2024. Will July 2024 be the top in US + Crypto markets? Longby brian76832
sp500 wyckoffanalysing on the weekly and daily chart i see an accumulation forming and the formation of a sos , bullish outlook for the start of week however next week could bring a bearish end so take care when approaching the daily poi not financial adviceLongby sayrylparraUpdated 112
Weekly Outlook - 27/04/2024Last week brought huge earnings reports for some of the big US tech companies, with mixed reactions. We saw META lose 7% during the previous week after a great earnings report, and Alphabet (GOOG) soaring 10% on Friday. Next week, we will see earnings from Amazon (Tuesday) and Apple on Thursday as well as other large cap earnings reports. Will the market be pricing in higher earnings off the back of last week's form? First, let's observe the broader markets... S&P 500 SPX looks to have created a bearish break of structure. I am anticipating a retrace into the pattern, at approximately $5,200 (around a 2% up move), at which point, the price may look to reverse to the downside. We can find confirmation for this on the RSI, where the momentum, which was holding at ~40, was broken and bulls are clearly losing power for the time being. DXY The DXY (or dollar index) is inversely correlated to the S&P 500. To put it simply: dollar goes up; stocks go down, and vice versa. In this image, you can see that the DXY has broken down from the highs and is looking to retrace. We have already seen a throwback into the consolidation pattern, and are now looking for the dollar to retrace...thereby adding confluence to the fact that stocks will see a rise in the early days of the week AAPL For AAPL, it is simple. A break below $165.67 would cause a major impulse to the downside, targetting ~$149.50. However, with current momentum, what I believe is more likely is a retrace to between $186 and $191 (an increase of nearly 10% and 13% respectively). For this to happen, a clean break of the swing high at 178.36 would need to occur. That's all for this market outlook. In conclusion, I am looking for a declining dollar and rising stocks in the early part of next week. Let me know what you think. Cheersby joshuashepherd8771
140 years of spx price in goldThis very rare event only happened 3 previous times in 140 years! Bookmark this chart, as it's one of the most important macro cycle chart out there. #Spx priced in #Gold's 7 year rate of change giving a very clear indication that a precious metals bull era can embark. Oh man!by Badcharts8
The market is growing emotionalYesterday’s financial print in the United States revealed a notable decrease in the GDP growth rate on a quarterly basis, coming down from 3.4% in 4Q23 to only 1.6% in 1Q24. This figure was well below market expectations of 2.5%, which spooked investors and led to a sudden drop across U.S. stock market indices. Nevertheless, by the market close, the SPX recovered all of its losses and staged a rally following the announcement of Alphabet and Microsoft’s earnings in the aftermarket. Both companies reported good results, seeing revenues and net income rise by significant percentages on an annual basis. Amid Alphabet’s plans to conduct a share buyback worth $70 billion and pay the first dividend ever to its investors, the company’s shares rose by more than 12%. Meanwhile, the reaction to Microsoft’s results was more subdued, with shares soaring slightly more than 2%. However, despite stocks soaring after the closing bell, the continuous S&P 500 E-mini Futures showed that the price failed to break above the 20-day and the 50-day SMA, which just recently produced a bearish crossover; both of these moving averages continue to act as important resistance levels. In addition to that, although RSI, MACD, and Stochastic reversed to the upside on the daily chart (after the preceding weakness in stocks), they are not necessarily outright bullish yet. The overall picture is mixed. Illustration 1.01 Illustration 1.01 depicts the 1-minute chart of the ES1! (S&P 500 E-mini Futures). Yellow arrows highlight the time of financial print release and earnings announcement. Illustration 1.02 The illustration above shows the daily graph of the ES1! (S&P 500 E-mini Futures) and two simple moving averages, the 20-day SMA and the 50-day SMA. The yellow arrow indicates a bearish crossover between the 20-day SMA and 50-day SMA, a typically bearish sign. One interesting thing to note here is that despite the broader market rising after the big earnings announcement after the closing bell, the ES1! has not broken above the mentioned moving averages. Technical analysis gauge Daily time frame = Bearish (turning neutral) Weekly time frame = Bearish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of multiple indicators. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade. by TradersweeklyUpdated 12
S&P 500 Daily Chart Analysis For Week of April 26, 2024Technical Analysis and Outlook: The index reached our Mean Res 5057 and valiantly surpassed it, indicating further upside potential to the Inner Index Rally target marked at 5175. From that point on, turning downwards to Mean Sup 5013 is a strong possibility. A further down trajectory is marked as Outer Index Dip 4865. by TradeSelecter1
SPX ReversalSPX has formed an inverse head and shoulder pattern in the presence of divergence signal which indicates a trend reversalLongby ruba_hasan960
Key zone SP500 - ES //30.5-point stm. Keep an eye on $NQKeep an eye on $NQ_F it's leading the reversal and is at better Resistance. Intermediate Neutral-Bearish by southsiderealtrade1