Weekly indice analysis I believe the snap 500 and nas100 are done with the temporary trend to the upside, we are likely to see a continuous momentum to the downside. The price is from a premium price level , thus bouncing on the golden fib Zone. Longby FxMeister1
Live stream - Morning Market Review - 02 April 2024Join FXCM senior market specialist Russell Shor for the morning market review.24:14by FXCMUpdated 7
Live stream - Morning Market Review - 03 April 2024Join FXCM senior market specialist Russell Shor for the morning market review.22:04by FXCMUpdated 10
Live stream - Morning Market Review - 05 April 2024Join FXCM senior market specialist Russell Shor for the morning market review.21:31by FXCMUpdated 5
Live stream - Morning Market Review - 04 April 2024Join FXCM senior market specialist Russell Shor for the morning market review.21:18by FXCMUpdated 5
BUY SP500 - explained in detailTrader Tom, an investing.com technical analyst explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please join us and hit the boost button.Long04:23by Simply-Forex1
🚩🚩Test only for studyTest chart for practice only This chart not for entry only saving to see how wrong is my drew Thanksby Abdullaz_0
SPX MAY 2024 WEEK 2 OUTLOOK - Daily - bullish. a couple of days consolidation seems to be on the cards for SPX before another leg up. as long as it stays above 5099, we are bullish and looking to get involved in longs. Origin - bullish but in need of pullback. **5074.22 - 5115.46** is the key zone to look out for. we would like the price to come inside this area and then get absorbed. once that happens, we can drop down to trigger TF and look to get involved.Longby Osiris9921
S&P 500 (SPX) - May 6th Week Ahead (Bullish Harami!)S&P 500 (SPX) - May 6th Week Ahead Bullish Forecast This week, we've observed a bullish signal with a weekly harami candlestick pattern, indicating potential upward momentum. Here's the forecast for the week ahead: Short-term Outlook (May 6th Week): We anticipate the S&P 500 to continue its bullish momentum, aiming for new highs. The weekly harami bullish close suggests a reversal of previous downward sentiment, setting the stage for upward movement. Our short-term target is 5665 for the S&P 500. VIX Analysis: The VIX, currently around $12, may test lower levels this week, possibly dipping below $12. However, we may see temporary bounces around the $12 mark, possibly occurring a few more times before sustained downward movement. In the short term, expect fluctuations in the VIX, with potential tests around $12. Intermediate to Long-term Outlook (Most Likely Q4): Looking ahead to the intermediate to long term, particularly in Q4, we forecast further decline in VIX values. We anticipate sub-$12 levels, possibly down to $11.50 or lower, with multiple daily closes supporting this trend. Upon reaching these levels, we'll position ourselves for ultra-long UVIX/UVXY trades, employing laddered expirations ranging from one week to multiple weeks/months. We'll maintain directly held positions in anticipation of increased volatility, capitalizing on the VIX's movement. Summary: Short-term bullish sentiment prevails, with a target of 5665 for the S&P 500. VIX may test lower levels, potentially dipping below $12, with short-term fluctuations and possible bounces around this mark. In the intermediate to long term, expect a decline in VIX values towards sub-$12 levels, where we'll position ourselves for ultra-long trades.Longby candlestickninja1
Tracking the inversion of the yield curve US02Y - US10YThe inversion of the yield curve often serves as a reliable indicator, suggesting an impending increase in the likelihood of both recession and market downturns in the foreseeable future To track this inversion effectively, you can subtracting the interest rates of the 2-year US government bonds from those of the 10-year bonds TVC:US02Y - TVC:US10Y When this calculation yields a result above 0 percent, it indicates an inversion in the 2-year versus 10-year interest rates In 2022, when the current inversion of the yield curve began, the “experts” were constantly warning us of an immediate recession and market crash However, historical data reveals that significant market corrections typically materialize many months, if not years, following the yield curve inversion The upper chart depicting US02Y-US10Y, the black 0 line serves as a reference point. Meanwhile, the lower chart illustrates the drawdown of the S&P 500 SP:SPX in the last 35 years The picture shows that each time there was a drawdown of at least 15% after the end of the inversion of the yield curve The dashed blue lines represent the end of the inversion, indicating that a larger drawdown is more likely after the end of the yield curve inversion and not during the inversion I'll be diligently monitoring the current inversion once again. A breach below 0% would warrant a considerably more cautious approach to the markets Admittedly, such correlations aren't infallible, and their fruition can sometimes span several years Nevertheless, they hold merit from a cyclical perspective Should the inversion of the yield curve cease to be inverted around 2025, a recession and market correction following the 18.6-year real estate cycle would become increasingly likely This would also align with the anticipated correction in the crypto market, typically occurring within a 4-year cycleby OfficerDonut111
Weekly Forex Outlook Sun.May.5.2024 - Fri.May.10.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion10:25by unkn0wntrad3r111
SPX Monthly Movement 2024This provides a similar chart pattern in SPX in 2024 similar to 2023by wfmgift70
Critical 50-day MA resistanceThe risk on trade allowed equities to bounce off of their recent lows which saw the SPX test the 50-day MA resistance level of $5,130. A failed break above this resistance rate will allow the index to fall further onto the 38.2% fibo retracement level of $4,822. Shortby Goose960
A Traders’ Week Ahead Playbook: The tables have turned for riskWhile we await earnings from Nvidia (on 22 May) that will be influential on future market direction, we move into the tail-end of US quarterly earnings, but also past a dovish Fed meeting, a strong US ECI report and weaker-than-expected US nonfarm payrolls and 2 hefty bouts of MoF/BoJ intervention. Yet, despite these landmines, a gentle calm descends over financial markets – early last week the USD was threatening to trend higher, but now momentum shifts to the downside, with US Treasuries finding better buyers, US interest rate markets pricing close to two cuts by year-end, while the VIX index has pulled back to 13.5%, with the S&P500 closing above the 29 April high. By way of significant movers - aside from a lazy 25% w/w fall in Cocoa and a 32% w/w gain in Nat Gas – where NG needs to be on the radar given the breakout and the growing potential for a bullish trend to materialise, we see solid movement in the HK50 (closing 6.9% wow), while Bitcoin has rallied 10% off its lows and is eyeing a move back to the 50-day MA at 65,890. In FX, CADJPY saw the biggest 5-day percentage change, falling 3.6% w/w. The MAG7 equity names look to have regained their mojo, amid solid earnings and some lofty guidance for capex - suggesting growth and innovation remain at the core of their investment thesis, backed by renewed buybacks and some big names even rolling out dividends. China tech is also flying higher, where both Tencent and Alibaba have run hard of late and while overbought should be well supported into weakness. How the tables have turned, and the reassuring view from Fed Chair Jay Powell that policy is still “sufficiently restrictive” and “it’s unlikely the next policy move will be a hike” has reinvigorated the risk bulls. Add in a weaker US ISM services print and a moderation in US nonfarm payrolls (NFP) and the market has gained greater confidence that the US economy is not indeed overheating. Conviction levels may still be low, but the platform is in place for risky assets to move higher this week, notably if truce talks in Gaza gain real traction. Looking ahead and the landmines through which we navigate positions: US data is thin on the ground this coming week, with the senior loan officer survey on bank lending practices really the only economic event risk to be concerned with – traders can trade the KRE ETF (US Regional bank ETF) here and react to markets interpretation of the survey. We also get 11 speeches from Fed members, but until we get the US (April) CPI report on 15 May, I suspect traders will not be too concerned with holding risk over their respective views. It will be a lively week at a central bank level, with the RBA (on hold), BoE (on hold), Swedish Riksbank (skewed to cut), Banxico (cut) and Brazilian Central Bank (50bp cut) all meeting. We should get a 25bp cut in Mexico, with a 50bp cut expected to the Brazilian Selic rate. The RBA meeting and Statement on Monetary policy will get big focus, and while the RBA will almost certainly keep rates at 4.35%, and continue to suggest “the board is not ruling anything in or out”, Aussie swaps price a near 40% chance of a hike by August (see pricing below), so many are expecting a modest shift in their commentary and a clearer roadmap to future hikes – if we don’t see that play out in the wording then we could see the AUD trade lower, notably vs the FX cross rates. The GBP navigates Thursday’s BoE meeting, with the broad consensus expecting a dovish split in the voting and a statement that justifies the view priced into interest rate pricing, where the BoE is expected to embark on its first cut in August. We also get UK Q1 GDP, a speech by BoE Chief Economist Huw Pill and 1-year inflation expectations from the DMP (Decision Makers Panel), and that could be looked at by some in the market. GBPJPY and GBPAUD shorts, EURGBP longs, were the preferred plays last week, and I still favour these staying in these positions. Wednesday’s Riksbank meeting puts the SEK (Swedish krona) firmly in play, with economists split on whether we see the Swedish central bank join the Swiss National Bank in starting its easing cycle. The SEK swaps market implies a 25bp cut at around 80% probability, so those holding SEK short positions will have some concern with that position over this event. The risk-to-reward trade-off favours short NOKSEK over the meeting, but a 25bp cut is a lineball call and as many will attest to, trading over news like this is more of an exercise in risk management, or for those running tactical or special situation strategies. We also see inflation prints in Mexico, Norway, Columbia, Chile, Brazil, and China. Trade data (Thursday – no set time) from China will also get a focus, with imports expected to increase by 4%. In Japan, I guess kudos go to the MoF/BoJ - they hit JPY shorts hard with two bouts on size intervention and as luck would have it, they’ve been given a helping hand from Jay Powell and the first below estimate NFP print since October 2023. Those using the JPY to fund a saturated carry position will almost certainly think twice about using the JPY tactically here in the near term, and until we see a better trend in the US data, or if we see a hotter US CPI print, USDJPY has scope for ¥150. Conversely, on the week, I’d be expecting the upside to be capped at ¥155 and would be selling rallies into ¥155.50. As always, an open mind to market movement (as price will always go to where it wants to go), and a dynamic approach to react will serve you well in this market. by Pepperstone5
US500According to the current data, we expect to see a rebound that could reach up to a price level of 5143.by ChartMakerProUpdated 1
Week 19 Analysis (06May) + Week 18 ReviewWelcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST! U19:24by Shadowing_The_Big_Boys3
SPX 5500Using history and other TA I clearly show that we are about to have another leg up on the stock market with the SPX reaching around 5500.Longby TheUniverse618Updated 117
Nice Bear Flag on S&P500!!!Bearish Flag on S&P (340 Points possible!) Resistance at 5150/5170. It's 0.618 Fib Retracement from 1st April highs. A perfect ratio for a flag. TDI is at 51 level. It's movement below the MA (yellow) and the trendline will confirm the downside momentum. SL over Resistance level at 5170/5175 or opt. over the 0.786 Fib level at ca. 5210. Target at the 0.382 Fib level (Nov. - April movement) at 4830 or the strong Support level right bellow at 4795/4800 (Jan 2024 and Jan 2022 highs). Watch for the news and the Earnings in the next few weeks. Good Trades!Shortby FiXTUX1
ELLIOT WAVE ANALYSISGood evening to all, after a wave A is followed by B which is developing, and can reach the reverse of A measured as AND 88.6% fibonatsi, that is 5200 to 5230 then we have a wave C which can reach from 4913 to 4765 and maybe even lower.by kronosmavrides8
SPX Roadmap Update March 2024Critical time ahead if there is to be a pullback. Likely Fed triggers final push before a potential reversalby NeonUpdated 2
S&P 500 analysis in Daily chart.Hello I have decided to share this chart as simp,e as I can because I just want to mention its markings. There is an alternative counting for this charrt that say this last upward trend was wave 5 (Primary) and then bearish market will start. I do not want to be dogmatic but it is not so possible because : - wave 4 primary corrected more than what I can accept it as an wave4. - all market and most importantly main symbols that have the the main part of the market cap is going upward. - Dollar is also getting powered What I have counted is wave 1 and 2 in extension forms but every thing is possible in this damn market and just need to wait and see and then decide. For this chart I think we will see a correction as wave 2 primary of wave 3 cycle of wave 3 super-cycle (Extensions). Please let me know your ideas. Thanks Longby AMA_FXUpdated 9
SPX500 respect all gaps, VIHello! This chart highlighted the major things which that is the (Gap + VI) respected and resistance many time ..by Mohammed-Ageeli0
HERE´S HOW YOU OUTPERFORM THE S&P500S&P 500 Index 4Hour Timeframe RSI Moving Average Elliot Waves Overall Summary Hello and welcome back everybody! I hope you are doing good at today's monthly close! We are watching a 13$ S&P500 gain this month, which is absolutely crazy! Gains were possible, though the cliff to the downside looks scary as hell. Mixed feelings everywhere, uncertainty, fear but kind of hope- very ambivalent mental condition everywhere. Since 22% of the whole SP500 Index is divided into the six FAANG companies (Facebook, Amazon, Apple, Netflix, Google(Alphabet)) and Microsoft, these are the drivers of the US markets right now. Oil, as well as touristic, hotel, and accommodation markets took big hits, while a few made gains, which has led to the recent bull market/recovery from all-time high/coronadump. Well, today I´d like to show you something I just have read about recently, it is the Elliot Wave counting technique. As you guys know, I do not give too much about technical analysis systems and techniques, but it is worth trying out and see why they have become such popular. As you can see, in the ABC-Correction, which is part of the wave counting, the number A marks the all-time high, number B marks the bounce, and C marks the very last low the SPX at 2190. As you already noticed, the price is coming near the 200MA (Moving Average of the past 200 candles). Historically the top has been a little lower of it, but a few times it actually broke it for a short period of time, after which a massive decline/selloff followed. RSI looking good, not oversold, but testing the market strength of all-time high. So the market is strong basically, even though volume declines since the bull market started. Spikes here and there happen, but nothing which delivers serious information about it respectively to make predictions out of it. What does it mean for us? 1. The top might have been reached already, though tonight after market close Apple and Amazon gonna present their earnings, which possibly leads to a temporary boost of the market while looking at the monthly close and the end of the reporting season! :) At that point, when the bull market of the last month started, we set our first wave up to the number 1, which continues to 5. We do not know how high 5 will be nor if we already hit the "fifth Wave". Afterward, in most cases, people count ABC and call that an ABC-Correction - whatever it is. You know, in technical analysis, if you wanna fit something to a chart, you fit it. Since lines, shapes, and whatever seem to be fit perfectly, in most it is not. So look at them, but do not trust them too much. Furthermore, Elliot waves and other techniques are instruments, to describe what happened and make predictions out of it. Nobody can tell the future, nobody knows what is gonna happen in the coming days, weeks, and months. Personally I am bearish since Q1 might have been "still ok" when talking about earnings, even though many took big losses, but I think upcoming reporting seasons of Q2 and Q3 will be a devastating disaster. That is it already for today, hope it brightened up your view on the market :-) Keep you, safe guys, make sure to wash hands and whatever, you know what you gotta do! Be careful with your funds and I´d like to know what do you think? Will we see a bearish Q2 and Q3 or did the new bull market of the decade already kick in? Just tell me in the comment section!! If the content pleased you, make sure to hit the like button or leave a follow, would help a lot! Best, Roman Shortby GER-Quality-TradesUpdated 3321