SPX still bullish with the Hull SuiteTrend is still bullish. Shows support at 4800 and then 4600 from recent price action and also historical price action with the Volume Profile by Geedubya770
Potential Short on SPXPX is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline and retest of support before taking a position with stoploss at last swing high and target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.Shortby jason_rpprt0
SPX - Possible Elliott Wave CountJust for entertainment :) - Work of pure fiction and magic No financial adviceShortby mi_khanUpdated 6
S&P 500 INTRADAY LEVELS FOR 06/03/2024BUY ABOVE - 5092 SL - 5083 TARGETS - 5100,5110,5120 SELL BELOW - 5077 SL - 5083 TARGETS - 5066,5057,5047 NO TRADE ZONE - 5130 to 5140 Previous Day High - 5110 Previous Day Low - 5057 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JP7
$SPY $SPX $3500 Target 🎯 Wild but expected by myself. Careful out there friends. Very simple trade here. Take your time, short bounces. BMRs can be violent. Make sure to buy time.Shortby TazmanianTrader1
$SPY $SPX $4600 Target 🎯 This is going to get interesting. I find myself lazy to post charts but also wanting credit for the Gold in my brain. Its time ⌚ Shortby TazmanianTrader1
SPX500 Strong Support Ahead!SPX500 keeps falling down And SPX500 is now locally Oversold so I think that After the price hits The horizontal support Below at 4940 we will See a local bullish correction!Longby kacim_elloittUpdated 2228
SPX - Doomsday to 3k?SPX could be making a larger irregular ABC (flat) (Elliott wave) correction with target around 3k (or lower). Or this could just be my imagination. - Work of pure fiction and magic NOT a financial advice :)Shortby mi_khanUpdated 227
SPYdeasJust documenting the pattern so i can study it later but this breakout is goian tell us a lot about the direction. Backtest and hold we in, break the support and backtest the high again and fail, watch out below.by RonPon21
S&P 500: Bullish Charge or Short-Term Hiccup?The S&P 500 continues its upward climb after breaking key resistance levels. The Ichimoku cloud paints a bullish picture, but a recent MACD crossover hints at a potential slowdown in momentum. A retracement might be on the horizon before the next leg up. Remember, the S&P 500 often moves in tandem with the crypto market, so keep an eye on that space as well. Key levels: Resistance: 4100, 4200 Support: 4000, 3900 This is not financial advice. Please do your own research before making any investment decisions. #S&P500 #StockMarket #Analysisby ChartSavant2
SPX Possible Fib Extensions WeeklyDon't listen to me, I've sucked at trading this squeeze market. And that's all we get right now. Looks like failure of key levels, then sudden reversals and surges. You can't really plan for those. Even on futures, we shoot through Vwap and keep going, often without retests. Blind trading much of the time right now. Or high risk in the least. So, I think this is THE week. And I don't know what it will do. Either we go up and top off by the theoretical rate cut in June, or we take a dump to revisit the rally base. Personally, I see no selling pressure, just lazy back testing. But entries... that's another story. Longby CaptainLogikUpdated 1
$AAPL on sale?? Clearance tags everywhere!Alright, let's break down what's happening with Apple's stock ( NASDAQ:AAPL ) using an analogy related to an Apple product being on sale. Imagine you're walking into a big tech store, and you spot Apple products on clearance, with discount tags everywhere. The iPhone you're eyeing is usually priced at $184, but now it's on sale for $170. That's quite a deal, right? Now, let's apply this to the stock market. Currently, Apple's stock is trading at $170, which is lower than its usual value of $184 at the time of this writing. However, we shouldn't just jump to conclusions. Stock prices, like the cost of an Apple product, tend to fluctuate around their average value. Sometimes they're higher, sometimes lower. Looking at the charts, it seems like Apple's stock is experiencing a bit of a wholesale situation. There's more supply than demand at the moment, which is why the price has dropped to $175. However, historically, the average value where Apple tends to hover is around $184. Now, let's talk about support and resistance, which are like the foundation and ceiling of stock prices. Think of $184 as the value where the stock finds its balance. $176, on the other hand, used to be a resistance point (like a ceiling), but if the stock closes above it consistently, it could become a new support level (like a floor). Our targets are set at $180 area and $198. These are the points where we expect the stock to move if everything goes as planned. We're looking to enter the market when we see higher highs being created, indicating that the stock is gaining momentum. Comments: Please comment below with your spending range on Apple products and the number of Apple shares you would own based on your spending and the current stock price. Let's see how much of Apple's pie everyone could potentially own! P.S. The numbers are ranges not definite. Due to change daily. Longby ImmaculateTony114
SPX500Pair : SPX500 Index Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Long Time Frame and Rejection from Upper Trend Line Break of Structure RSI - Divergence Impulse Correction Impulseby ForexDetective4
SPX500USD - LONG (leap) 1Htrying lower timeframes (1h) enter price -5142.5 stop loss -5123.8 take profit -5179 trying swing 10 high low strategy DETAILS: the price was inside a tunnel then broke strongly did retest and went up , now at the 1h timeframe there is swing 10 high I am waiting for the breakout to occur , I put a fib the TP is at the 0.6Longby omeramran67Updated 1
SPX 500 can move up by hitting the entry pointSPX 500 can move up by hitting the entry point EIGHTCAP:SPX500 Longby alirezadehghan13720
SPX Uptrend - Time to retest?Ascending wedge resistance tested again, pullback due to less rate cut optimism, or fake move once again?by StockPickingEnthusiast110
SPX - Up and RunningThe S&P 500 is up and running in iii of 3 wave. The equality level is at 4690. The rally should see broad participation from all sectors as speculators continue to unwind from record short positions.Longby Shivam_GabaUpdated 3
Gold near all time highs turns spx/gold ratio lowerspx/gold is a way to measure the value of stocks compared to real commodity metal instead of printable dollars. Gold is a "safe haven" for many reasons including that once its in your hand you own it and no one is your counterparty. Dollars depend on the federal reserve and the supply of dollars circulating. When you hold gold, you hold a real commodity that has tradable value that should rise over time as more dollars are printed to fund the government debt mountain. Gold has two ways to win, 1. inflation, 2. demand for safety. 1.If the Fed choose to create some inflation to allow the fed to burn down the US national debt, then gold should in theory become more popular as a dollar hedge. Geopolitical stress might also help this inflation or high spending case and support the case for dollar hedges like gold. 2.If instead of inflation, a sell off or deflationary correction, we might see demand for cash and safety assets as the herd of investors seek safety all at the same time. Marketcaps are too large for all the cash and gold that is available, so again this case should also help gold and safe haven assets. Keep an eye on the spx to gold ratio along with the other indices in gold terms to see which way history plays out.by optionfarmers3
Bigger Picture (bearish) OutlookMarket believes we are out of the woods, and have achieved a soft landing. This time is not different. This a Fed Relief Rally, which will come to an end sooner than later. (End Q1 - Q2 2024). Charted out a couple of potential paths and turning dates. When everyone is in agreement, typically what you find is something very different happens instead. Shortby WealthyPegasus1
S&P 500 INTRADAY LEVELS FOR 05/03/2024BUY ABOVE - 5140 SL - 5130 TARGETS - 5150,5160,5170 SELL BELOW - 5130 SL - 5140 TARGETS - 5120,5110,5100 NO TRADE ZONE - 5130 to 5140 Previous Day High - 5150 Previous Day Low - 5130 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JP4
SPX FORECASTMARKET PHASE BLACKBULL:SPX500 is in a weekly uptrend, fueled by a daily timeframe expansion taking place. AREA OF VALUE We can expect a volatility contraction where lows will form, and therefore allow sell side liquidity to be created (sell stops, shorts, stop losses) below this corrective structure. TRADE No trade. Waiting for a corrective structure and creation of an area of value. by MankzUpdated 111