S&P 500 Index

(Derived Data)

SPX SPCFD

(Derived Data)

AlanSantana

This is a purely technical analysis. We have some strong bearish signals coming out of the S&P 500 Index (SPX) chart. First, we have a rising wedge, marked with orange dotted lines which tend to close bearish (this pattern can lead to a drop). A peak was hit in May, we now have a higher high but bearish divergence is strong. Bearish Divergence with the MACD...

Collapse69

I might be just a simple man, but when my balls feel itchy I know it's something coming.

ElliottWaveStats

My system shots 72% Top Probability at the current high of 4,260.00 (wave v of 3 may be).Then a correction seems likely, targeting down to 4,035.00 zone when a strong 78% Bottom Probability Box is waiting to pull up prices, ending (possibly) the wave 4 correction, and starting wave 5 (uptrend continuation). Let´s see what happens.

HavalMamar

SXP500

NaughtyPines

... for a 2.05 debit. Comments: In for 4.10 (See Post Below), hit my order to take profit at 50% max today with 25 days to go. $205 profit. 4.47% ROC for 18 days' "work" (90.6% annualized).

QFXForexEducation

Target 4181.9

Big_Mike716

My super smart highly educated fin twit buddy is telling me 4400 is coming b4 any pull back. But IDK TBH I see the waves as complete and W4 should ensue very soon. So Im just open my LT trades and I am trading in and out quickly as we all know from EW wave 4 can be brutal. Or can be quickly bought up so this uncertain aspect of stocks leaves me kinda on the side...

VandycKing

This is pure text book play. Could the plummeting start from the double top or point B (irregular correction point) ? Either way, price would more likely correct to wave 4 region. This is a high probability set up. Disclaimer: This is not a financial advise. This is my way of sharing my trade ideas with the community and any decisions you make from this are...

TKProphet

I entered in a sell on SPX after the rejection at resistance. We're looking at these levels as potential pull back areas, with a 3% risk. Be safe happy trading.

Trendsharks

The S&P 500 index is currently developing a Bearish Crab pattern, which represents a classic reversal pattern. Bears can sell at the peak of the pattern in anticipation of a correction to one of the three Fibonacci retracement levels.

VovaNapas

Hi Everyone, Sharing my thoughts on S&P 500 using a couple of my favorite tools. The blue vertical lines are Fibonacci time zones, and you can use them in similar way that you use Fib retracement levels. When you connect two similar events (like declines in Jan'18 and Oct'18, you will get extrapolated series of dates when this trend can come back. As you can...

KingAsh123

My target is 4900 this year before the crash. Pole target is near the exact of the Fibonacci 1 to 1 number. The indicators have room for a squeeze. This summer will be hot :) REOPENING!!! The effects of the printing will be felt later...

bersipa

We may have bad global news for humanity in 2020. Worse news than the Corona virus outbreak in 2019. World financial charts warn us. I hope this news is not a new world war

03:23

kizer777

watch video for details

TradingShot

This is S&P on the log scale of the 1M (monthly) time-frame. Since the Great Depression, the index has entered a Channel Up that never stopped/ broke to the downside to this date. In particular, I have distinguished this pattern into 3 key landmarks: 1) When the price broke below the 1M MA200 (orange trend-line) but made a bottom on the Higher Lows trend-line of...

GreenCandleTrading-GCT

Y wave completed? EDT in the last wave?? RSI Weekly chart looks bearish to me... Selling at the breakout of the green trend line... GOODLUCK

georgelpatterson4

I am expecting a pull back of 10%+ soon...not trying to call a top...but there appears to be little momentum and follow thru on the recent ATH...and we appear to be in an ending diagonal on SPX. This with the recent decline in 10 yr yields and today's spike in the DXY (dollar) tells me that there is fear creeping into the market...if this takes hold a sell off...

DjAlex3000

90 Year Channel formation began in 1931 after Great Depression Crash and has been strong support and resistance throughout this century. In addition this structure analysis coincides with a theory that this is possibly "the end" of a multi-layered cycle based on generational, and psychological patterns described by various writers and analysts. Point 1: A...