US500 Potential UpsidesHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5260 zone, US500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5260 support and resistance area. Trade safe, Joe.Longby JoeChampion2211
sell sp500 at the price u can get with many targetWIth all happens in the world and market are full crazy broking record high after records high and while Fed not cut rate yet. + US electrion in November + the Summer coming i think it have to have a legit pullback before US election and even if fed cute rate i think we wil be in buy the rumour "actually happening since month " and sell the news when it happens there 4-5 target..at each target you just put you stop loss at the last target in case it not go to final target u keep huge gain. so for the stopp lost..as we not have any resistance you can manage as your own Risk ratio. Personally i have a good balance and i wontmake any stop lost,but instead each 100 pips up i will aff 1lot in sell,coz this market is so crazy and i will take my cake at the end if the pullback not happens before us election i will update in comment what to doShortby corsicasia0
Nvidia are dictating spx price?! SHORT?????My reasoning is how nvidia bull run pushed s&p in a way that resembles each others charts. why is it so important? both amazon and s&p are printing a possible double top on the daily chart. Nvidia is trying to push further but it meets some resistance along the way (resembles a double top although higher high) it is possible, and i believe it very so. nvidia will pump higher until it reaches its last resistance. this would happen while the rest of the companies wont have strong movement: either sideways because nvidia is pushing and their preformance is trash or upwards because nvidia is pushing and their preformance isnt that terrible. that sort of movement would complete the second head well enough. what would happen is somewhat of a death cross - a reversal of trend while nvidia is pushing to its last resistance. at that point nvidia smart money would rake the profits and the selling spree will comence. the worse preformance companies who were in the shadows would be showing red from nvidia correction as reality hits in the face and so would spx500 would show a correction just like nvidia. This is only a story, a scenerio. i believe its a possiblility whole heartedly but its nothing than a story at the moment of writing this article. what to look for? 1.any chart in the spx that reminds spx in price action 2.nvidia finally hitting final resistance 3. ofc govermental reports 4. signs of trend reversals such as death cross etc. Be very aware of the market because this will move in a way most traders would not notice. until its way too late. Shortby Captainobvious5454Updated 0
S&P - Short Trade IdeaHere is a short trade idea on the S&P, using the SPX500USD chart. We are basically at all time highs right now. This short idea is based on buyside liquidity recently raided, and now looking to ride a retracement/reversal down to a Discount PD Array. There was a good-looking Unicorn setup that formed. Price is already in an entry area, but I've indicated a higher POI should price come up one more time (if we are ready to retrace). The targets are either Weekly BISIs, with the terminus at the beginning of the lowest Weekly BISI. Overall, a pretty straight-forward trade. Since this is the 4h, I will be looking for a lower timeframe manipulation at a Killzone during a likely day, or news event to confirm lower prices. - R2FShortby Road_2_Funded111
SPX Is Going Down! Sell! Here is our detailed technical review for SPX. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 5,304.15. Taking into consideration the structure & trend analysis, I believe that the market will reach 5,178.42 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider115
R2F Weekly Analysis - 26th May 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. Without any prior preparations on the chart, I'm going to go through various pairs, and giving a real-time view of how I perform my analysis on the weekends before the new week. I'll give my take on what has been happening, and what i'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it! If you are lazy to watch the video, which is your loss as you will miss how I analyse the market. Currently, the sentiment is still the same as last week's analysis. I am mostly keen to see how this monthly closes on the DXY. If we can close above the nearest Monthly gap and create new Weekly gaps higher, I would be keen to hunt for a short on XXXUSD pairs and longs on USDXXX pairs. If we do expand higher before the month is over, via a news event or convincing manipulation, then I would also be interested in the same as sooner or later I am anticipating a bullish USD. - R2FLong20:48by Road_2_Funded3
S&P500 INDEX: Growth Will Continue! S&P formed a cute cup & handle formation after quite a strong bearish movement on this week. A bullish breakout of the neckline of the pattern is an important sign of strength of the buyers. I think that the Index will keep growing next week. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader1110
SPX - Engulfing CandleIt needs a fresh High above 5342 to negate the Engulfing Bearish Candle!by TexasSadr0
Long Term IdeaHuge up and handle pattern playing out on the weekly chart. With a break over the .786 and now trying to push above the handle trend line. What does everyone else think?Longby CamG1234Updated 0
The correction down for SPX500USD has startedHi traders, Last week SPX500USD went up a little more but dropped on Thursday just like I've said in the outlook last week. So now the correction has started we have to wait for the finish of it. Trade idea: Wait for the finish of a correction down to trade longs. 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! Eduwaveby EduwaveTrading3
S&P 500 CUP & HANDLEHello Traders and welcome! Let's take a look at the S&P 500 today. The price has formed a cup and handle on its weekly chart, successfully breaking above the breakout level of 4815.92. Levels to consider are 38%: 5325.92, where partial profit could be taken, and this level might be used as support in the near future. Further targets are 62%: 5634.84 and 79%: 5857.40. Longby TradeChartPatternsLikeTheProsUpdated 2214
S&P 500 Daily Chart Analysis For Week of May 24, 2024Technical Analysis and Outlook: The S&P 500 reached our projected Outer Index Rally at 5342 and then quickly retraced as part of the primary reignited squeeze move path. It is unlikely that it will drop to the primary down target Mean Support at 5221. However, it may continue to advance towards the completed Outer Index Rally at 5342, the Inner Index Rally at 5408, and the next Outer Index Rally at 5450. The secondary reignited squeeze triggering points are at specified destination pinpoints.by TradeSelecter1
What’s Next for the S&P 500?The S&P 500 tried to break out yesterday, but got rejected at the highs. Some traders might view the resulting bearish outside day as a potential reversal pattern. How much damage was actually done? The first pattern on today’s chart is the March 28 peak of 5265. Notice how SPX made a new high by crossing this level on May 15. Yesterday’s pullback tested it and prices have bounced today. That may suggest old resistance is becoming new support. Second, this chart includes our MA speed custom study. It shows the rate of change for the 10-day simple moving average. Notice how the oscillator jumped as the index recovered in early May. This sharp acceleration resembled the move in early November as the current bull run began. Third is the relatively tight consolidation following the surge. That’s similar to other moments in late 2023. It may reflect a lack of selling pressure. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.by TradeStation17
Learn from the Pros: Trading Quotes from Trading LegendsSpeculation is as old as the hills, says one of the world’s best traders of all time, Jesse Livermore. In this blog, we give you the best quotes by the best traders — use them to get inspired and realize that success in trading is possible. Paul Tudor Jones, hedge fund manager, founder of Tudor : “I always believe that prices move first and fundamentals come second.” “If I have positions going against me, I get right out; if they are going for me, I keep them. Risk control is the most important thing in trading.” “I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.” Stanley Druckenmiller, family office manager, founder of Duquesne: “I don't really like hedging. To me, if something needs to be hedged, you shouldn't have a position in it.” “I like putting all my eggs in one basket and then watching the basket very carefully.” “Soros has taught me that when you have tremendous conviction on a trade, you have to go for the jugular. It takes courage to be a pig. It takes courage to ride a profit with huge leverage.” George Soros, hedge fund manager, founder of Soros Fund Management : “It's not whether you're right or wrong, but how much money you make when you're right and how much you lose when you're wrong.” “Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.” “My peculiarity is that I don't have a particular style of investing or, more exactly, I try to change my style to fit the conditions.” Ray Dalio, hedge fund manager, founder of Bridgewater Associates : “In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep money.” “Diversifying well is the most important thing you need to do in order to invest well.” “To make money in the markets, you have to think independently and be humble.” Jesse Livermore, stock trader, portrayed in “Reminiscences of a Stock Operator”: “It never was my thinking that made the big money for me. It was always my sitting.” “It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.” “There is nothing new on Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.” Let’s hear from you! What’s your favorite trading quote or maybe a favorite trader? Let us know in the comments!Editors' picksby TradingView99545
SP500 Short trading opportunity(swing-trading) 1I expect a swing of about 70 points+- all the way down to 5200 The USA Federal Reserve has indicated that it won't be cutting interest rates anytime soon, I think this was a bit unexpected and not entirely priced in before so we should see some decline of the value of the SP500 Index. However I can assume only short term, don't know the longer term implications of this that is why I am only aiming for a small downtrend at the very least. Stop Loss 5295+- (or 5305+-), take profit is 5200+-. I am risking $27500+- dollars in a Short Position, I will lose $100+- if it hits the stop loss and make around $465 if it hits my take profit.Shortby ricomisterUpdated 2
7 DTE on SPX (Mar 30th expiry)Selling my wings at the 10 delta this time. -5215 +5205 / -5395 +5405 Mar 30th Expiry 150 Premium - 7.13 commission & fees 850 Allocated capital 16.81% gain on capitalby leongabanUpdated 0
SPX500 potential buy the dip opportunityYesterday the SPX500 dropped around 0.8%. this sets up an interesting dynamic where short-term traders may look to capitalize. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com) : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com) : Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.Long02:37by FXCM3
Need Confirmation B-wave is completeI posted an idea for SPX500USD and SPY a couple weeks ago saying I was legging into July puts because we are nearing a major top. That top is likely in, but here is the confirmation I am looking for to signal a larger degree B-wave has completed: - Expect small bounce to around 5283 - Then drop to 5215-5240 ** If this occurs, and is followed by a bounce to 5292-5293, it will set up for a iii wave down to 5110 by early to mid June 2024 to confirm a larger degree C wave is in progress with end goal 4600-4700 by end of July 2024.Shortby JerryManders15158
Tops Not In...I see a lot of fear in markets and many thinking a top may be in...I really struggle seeing how for many reasons and I think we got more up left till this party ends.Longby Swoop6116
S&P 500 Falls 0.7% Amid Investor Uncertainty S&P 500 Falls 0.7% Amid Investor Uncertainty The S&P 500 OANDA:SPX500USD declined by 0.7% on a subdued Thursday as investors adjusted their portfolios amid fluctuating market sentiment. The trading session was marked by an uneasy atmosphere following the release of the Federal Reserve's latest meeting minutes, which indicated that central bankers are not in a hurry to reduce interest rates . This cautious stance from the Fed has been a key factor in supporting the recent upward trend in stocks. Technically Side: The price has declined and reached the breakout zone, indicating a potential return to the 5266 level. To continue the bearish trend, the price must break below 5266, confirmed by closing a 4-hour or 1-hour candle under this level. If this occurs, the next targets would be 5226 and 5193. Conversely, if the price closes above 5282, it would suggest a bullish trend, with the potential to reach 5307 and subsequently 5320. Pivot Line: 5282 Resistance Levels: 5305, 5325, 5350 Support Levels: 5245, 5227, 5193 Today’s expected trading range is between the support 5192 and the resistance 5320.by SroshMayi5
SPX Is Going Down! Sell! Take a look at our analysis for SPX. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 5,303.24. Considering the today's price action, probabilities will be high to see a movement to 5,089.73. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 336
S&P 500 Analysis: Good News is Bad NewsS&P 500 Analysis: Good News is Bad News Yesterday, S&P Global reported its Purchasing Managers' Index (PMI) values for the US, which exceeded expectations. According to ForexFactory: → Manufacturing PMI: actual = 50.9; expected = 50.0; previous = 50.0. → Services PMI: actual = 54.8 (the highest value since May 2023); expected = 51.2; previous = 51.3. However, the high PMI values, indicating a healthy economy, led to a drop in the stock index. The S&P 500 index (US SPX 500 mini on FXOpen) fell by more than 1.5% following the publication. What explains this case of "good news is bad news"? The point is, amid high business activity, manufacturers reported rising prices for a range of resources, suggesting that goods inflation might strengthen in the coming months. Stock market participants might have interpreted this as a reason for the Federal Reserve to maintain high rates for a longer period – hence the sharp decline in the index. "Companies remain cautious with respect to the economic outlook amid uncertainty over the future path of inflation and interest rates, and continue to cite worries over geopolitical instabilities and the presidential election," said Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, in an interview with Reuters. Technical analysis of the S&P 500 chart today (US SPX 500 mini on FXOpen) shows that: → the price has been forming an ascending channel since 19 April (shown in blue); → bulls failed to hold above the March high around the 5285 level (a bearish sign); → the psychological level of 5300, which showed signs of support this week, has now been breached and may act as resistance. Conversely, the 5200 level, after being breached, has shifted its role from resistance to support (as indicated by arrows). So far, the bearish momentum that emerged yesterday following the PMI news release is being contained at the median line of the blue channel. But if sentiment does not change today, the median might be breached, and then the path to the lower boundary of the channel will open for the S&P 500 price (US SPX 500 mini on FXOpen). Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen117