S&P 500 Index

SPCFD

SPX (Derived Data)

b123blee

Reference provided link for a description of this model. ** Read Disclaimer !! ** www.linkedin.com Brian K. Lee, MBA, PRM, CFA

ProfitHarvest

We dipped under the support channel for two days but climbed right back to exactly on the SELL line in the middle of the green support channel and bottom of the white upchannel. Big Money selling and reallocation seems to be outweighing the FOMO here (more stocks declining than advancing yet Price still climbing strong overall). It's ironic that my strangest...

alanmasters

The S&P 500 Index (SPX) is trading within a classic/textbook rising wedge... A bearish pattern. As a bearish pattern, this rising wedge is supported by bearish divergence on the MACD and RSI. Be ready as prices can easily drop. Namaste.

derzzycharts

Hey gang - thanks for the likes and subscribes! Well it has officially happened! The RSI has put in its second RSI bearish divergence on the chart. For some, this may mean nothing. For me, this means I take down some more risk! It’s all good to lock in gains. So today, I will be taking down another 1/3 of my position in SPY. Let’s have a look at the chart! So...

baderj85

Major RSI divergence, historically should be followed by a deep pullback unless that RSI trend line breaks

Nathan_Black

Hello my friends! Let’s do a complete multi time frame analysis (MTFA) today on SPX. The index performed incredibly well this week, which is surprising. But first, if you are new around here, I invite you to follow me to keep in touch with my analyses! And you’ll find some good stuff on my social media as well – link below. Ok, back to SPX, the trend is ...

AbansGlobalLimited

SPX500 continued its rally and hit 3353 levels yesterday. Futures are trading lower again around 3340 mark as we prepare to publish. It remains to be see how long the rally continues before bears are back. Bottom line, if the bearish structure need to hold, SPX500 should stay below 3400 mark and break lower. Immediate support is seen around the 3200 mark and a...

monzy

just an idea

TradersAITradingPlans

Jobs Number Good or Bad? It Depends! The jobs report numbers this morning could be viewed as positive or negative, depending on one's perspective. And, hence, the whipsaw in the index futures markets following the report. Structurally, there is no damage to the bullish bias in the S&P 500 index even if it might come under attack shortly. Until proven otherwise,...

Chloster

A scenario that I can see playing out with the SPX is very simple, identical price action to what was seen with the QQQ in the last couple months. Price is going to make quick work of the previous ATH not giving an inch to the short sellers, achieve a new ATH a few percent higher before tapping the previous ATH to launch the index to a yearly high of 3700.

traderdan59

Overnight session market has sold off to find support at Fibonacci 38.2% level. Any test of ETH Low would probably set direction for the day. Level to watch 3333 --- 3331 Reports to be aware: US:Wholesale Trade 10:00 AM ET US:Consumer Credit 3:00 PM ET

TradersAITradingPlans

LET THE RESULTS SPEAK FOR THE UTILITY OF OUR TRADING PLANS! See for yourself how our Morning Trading Plans have been doing for the last one month or one year or since started! Anyone can verify/cross-check the triggering of these trades from any source that provides charts and comparing the trades against the trading levels published in the morning. This is an...

antrap77

Comparison between 1929 crash and 2020 crash by matching the respective first lows (November 13th 1929 and March 22nd 2020). 1929 and 2020 data have been normalized before superimposing the charts...therefore increase or decrease are perfectly comparable Apparently even without FED intervention back then the reaction was very much the same on the way up...FOMO...

VincePrince

Hello Traders Investors And Community, welcome to this update-analysis where we are looking at the S&P 500 4-hour timeframe perspective, the recent events, the gap-fill occurred, what to consider now and what are possible outcomes further next times. The major gap which the index formed in the corona-breakdowns seen this year has been filled now properly as...

mjamikey

This reminds me of the 1990s dot-com bubble. However, we now live in different times and the NDX is nowhere near as overvalued as it was back in the 1990s. We must also take into account that the coronavirus pandemic has turned out to be a financially positive event for the tech industry as a whole while nearly all other sectors have been horribly affected (apart...

avka81

Large Megaphone Top. I wouldn't even short a the Double top at this point because how it went through the gap. Similar week or two and S&P500 will be at All Time Highs! Buy the Dips until that projection box 3487- 3662. It might not get there in a straight line.

Yuvalbr

macd heiken