1929 to Present day Trendline Channels The chart represents some very meaningful and powerful trendlines.
I have magnetised these trend lines to be exactly on the peak of September 1929 and exactly on the peak March 2000.
I drew these lines to the high of day on the given peak days in Sep 1929 and March 2000, combined with a line extension.
(Meaning its not a manual placement this is the exact trendline channel)
Trendline validation (how many times have we tagged it per month - it has also been tagged many more days):
August 1929
September 1929
March 2000
November 2024
December 2024
January 2025
February 2025
When you zoom in to our present year/months/weeks/days, you can see we tagged the trendline November 2024 to February 2025.
We have now broken above the trendline for July and August 2025.
You will also notice a middle trendline this support formed on the 1st of March 1937 and acted as resistance until it broke through on the 1st of May 1995 about the time when everyone had a home computer and windows 95.
This middle support held strong during the 2000-2003 dotcom crash
The middle support broke during the 2008 financial crisis.
However it regained its support in 2013 and then tagging it in the 2020 covid crash.
Over nearly 100 years these channels have remained strong, it is honestly crazy to think we have now broken a 96 year old trendline in 2025.
The question is does this trendline become support or resistance?
US500.F trade ideas
SPX500 Holds Above 6,506 – Bulls Target 6,527/6,550SPX500 – Overview
The S&P 500 reached our target at 6,506 and is still pushing higher toward 6,527.
Technical Outlook:
📈 Bullish scenario: As long as price holds above 6,506, momentum is expected to continue toward 6,527 → 6,550.
📉 Bearish scenario: A confirmed 1H close below 6,506 would open the way to 6,490, with further downside risk toward 6,469.
Key Levels:
Pivot: 6,506
Resistance: 6,527 – 6,550
Support: 6,490 – 6,469
📌 Bias: Bullish while above 6,506; bearish momentum resumes only if price closes below this pivot.
previous idea:
SPX500 Awaits Breakout – Key Levels 6,506 & 6,486SPX500 – Overview
The S&P 500 is holding above the 6,490 pivot, with short-term momentum favoring a retest of 6,506.
Technical Outlook:
📈 Bullish scenario: While above 6,490, price is expected to test 6,506. A confirmed breakout above this level would extend upside toward 6,527 → 6,550.
📉 Bearish scenario: A confirmed 1H close below 6,486 would open the way to 6,469, with further downside toward 6,425 if that level breaks.
Key Levels:
Pivot: 6,490
Resistance: 6,506 – 6,527 – 6,550
Support: 6,469 – 6,453 – 6,425
SPX 1D Close Up Corrective to (4) and finishing the year STRONG!Based on this count I believe that the markets will begin to go corrective starting this next week into October and finishing the year at higher highs. As always trade responsibly and wait for your confirmation bias (whatever that might be)...
S&P | KEY RESISTANCE | GTradingMethodHello traders!
Has the S&P finally met its match?
Is this just a retest… or the beginning of a much deeper move?
- Broke diagonal support earlier this year
- Retesting previous support now
- Potential daily double top forming
If the retest holds, it’s a long way down… 📉
What are your thoughts? Keen to hear them :)
Signing off
G
SPX - 2 Month Bearish DivergenceHello Traders,
As shown you can see the two month bearish divergence on the index. My thoughts are it needs resolved soon than later and the inflation data coming up next could be the spark that finally gets it going.... We will find out tomorrow at 8:30 if the data comes in hot the market will not like that.. We could get a selloff in stocks and crypto on no other than 9-11 anniversary. Stay tunes and lets see if I nailed this one or not.
US 500 – Preparing for the Pivotal US Non-Farm Payrolls ReleaseAfter a slow start to trading in September due to the US Labour Day bank holiday on Monday, volatility for US indices has picked up across the week as traders react to multiple drivers, including concerns about the sustainability of government debt in the US, Europe and the UK which weighed on sentiment Tuesday, big tech getting a key win in one of the biggest anti-trust cases for years which provided support off the lows, and updates on the current health of the US economy and labour market, including a slightly disappointing ISM Manufacturing PMI Survey on Tuesday, and a weaker than expected JOLTs Job Openings report on Wednesday afternoon.
Unsurprisingly, the different responses to these drivers has seen the US 500 index trade from a Monday high of 6483 to a low of 6363 on Tuesday and then move back higher again to current levels around 6450 (0700 BST), as traders cautiously initiate fresh risk positions to kick off the start of September.
However, it could be said that the two biggest data releases of the week for traders to digest may still be to come. The first is the US ISM Services PMI which is released later today at 1500 BST. This reading surprised markets last month by falling below expectations to 50.1, just above the 50 level which separates economic expansion and contraction. Traders will be looking to see whether this new print confirms a trend of weaker service activity or if the July reading was just a one-off blip.
Then on Friday, it’s the release that potentially every trader has been waiting for since Federal Reserve Chairman Powell mentioned concerns about the strength of the US labour market in his keynote speech from Jackson Hole, and noted how policymakers will be watching employment data closely to determine whether a rate cut at their meeting on September 17th would be appropriate to help support the economy. The outcome of the components of this release, including the unemployment rate and average hourly earnings could determine not only the direction of the US 500 into the weekend but how it performs across the early part of September, a month which is historically one of the worst for US 500 performance.
Technical Update: Trend Extension or Trend Reversal?
A bullish uptrend is defined by higher price highs and higher price lows, reflecting positive sentiment. Traders within this backdrop are seen to buy dips in price at a higher level each time and are able to push prices above the previous high.
As the chart above shows, the US 500 index appears a classic example of an uptrend, with a pattern of higher highs and higher lows emerging since the April 7th low.
While the US 500 index may currently be tracing out a bullish trend, further price strength isn’t guaranteed, especially with Friday’s payrolls data looming. This release has the potential to shift investor sentiment in either direction, so traders could find it useful to monitor key support and resistance levels closely.
Potential Resistance Levels to Monitor:
The recovery from the September 2nd low of 6363, which was above the prior August 20th low of 6347, suggests the uptrend remains intact, keeping the focus on the August 28th all-time high at 6512. A close above this level could signal further price strength.
While no guarantee of continued upside, a break above 6512 may open a path towards 6775, which is the 100% Fibonacci extension, and potentially higher.
Potential Support Levels to Monitor:
If the US 500 index is maintaining an uptrend in price, the potentially important support focus is the August 20th low at 6347. A close below 6347 could see a negative shift in sentiment and increase the risk of a deeper decline.
A close below 6347 might well be a trigger for renewed weakness, with potential then to test 6214, the August 1st low, and possibly further.
The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
SPX500 | Indexes Rise Ahead of JOLTS Data – Key Pivot 6,438S&P 500 & Nasdaq Futures – Update
Futures tied to the S&P 500 and Nasdaq rebounded on Wednesday, led by gains in Alphabet after its antitrust ruling. Dow futures edged slightly lower as traders await fresh labor market data. The focus today is the JOLTS report (10 a.m. ET), the first of several key releases this week, with nonfarm payrolls on Friday being the most important.
Technical Outlook (SPX500):
🔼 Price reversed from the 6,366 support mentioned in yesterday’s update and has now stabilized above the pivot line at 6,438.
As long as price holds above 6,438, upside momentum is expected toward 6,469 → 6,489, with extended resistance at 6,528.
🔻 On the downside, a confirmed 1H close below 6,420 would shift momentum bearish, exposing 6,389 → 6,361.
Key Levels:
Resistance: 6,469 – 6,489 – 6,528
Support: 6,420 – 6,389 – 6,361
S&P500 | Daily Double Top | GTradingMethodHello Traders.
Welcome to today's trade idea by GTradingMethod.
🧐 Market Overview:
I’ve opened a short on the cash500 (S&P 500) at 6521. All GTradingMethod variables have been met, which means this trade setup qualifies under my system.
Additional confluences suggesting weaker buying strength include:
- RSI making lower highs while price pushed higher highs.
- Volume tapering off toward the latter part of the rally.
- MACD on sell signal
The only hesitation is that money flows have not decreased in the later stages of this move — but rules are rules. My edge is probability-based, so when my variables align, I must take the trade consistently.
📊 Trade Plan:
Risk/reward = 9.2
Entry price = 6520
Stop loss price = 6544
Take profit level 1 (50%) = 6370
Take profit level 2 (50%) = 6215
💡 GTradingMethod Tip:
A high RR doesn’t make a trade safer — it simply reflects how far the market could move relative to your risk. Always focus on process and probability, not just the potential payout.
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next idea and please share your thoughts - I would like to hear them.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
SPX500 Awaits CPI – Pivot 6,527 in Focus (Details Below...)SPX500 – Overview
U.S. futures were flat Thursday as traders awaited the August CPI report, which could shape expectations for a potential 50bps Fed rate cut next week. Earnings from Kroger and Adobe are also due.
On Wednesday, the S&P 500 gained +0.3% and the Nasdaq +0.03% to fresh record highs after a surprise drop in PPI and strong Oracle guidance, while the Dow fell -0.48% on Apple weakness.
Technical Outlook
📉 Below 6,527 → bearish momentum may extend to 6,506 → 6,490 → 6,470.
📈 Above 6,527 → bullish bias continues toward 6,550 → 6,565, with a potential push to 6,600 if CPI comes in softer (<2.9%).
⚠️ A hotter CPI print could trigger sharp downside volatility.
Key Levels
Pivot: 6,527
Resistance: 6,550 – 6,565 – 6,600
Support: 6,506 – 6,490 – 6,470
SPX500 Holds Above 6,527 Ahead of U.S. PPI DataSPX500 – Overview
Global equities rose early Wednesday as bets for a Federal Reserve rate cut next week strengthened after more weak U.S. jobs data. Traders now await the release of U.S. PPI today and CPI tomorrow, which may spark short-term volatility, though few expect them to alter the Fed’s plans.
Technical Outlook:
📈 The index remains in a bullish trend, with potential to set a new ATH near 6,550. A confirmed breakout above this level could open another bullish leg.
📉 To confirm bearish momentum, price would need to close a 1H candle below 6,527, exposing downside targets at 6,518 → 6,506.
Key Levels:
Pivot: 6,527
Resistance: 6,550 – 6,566
Support: 6,518 – 6,506
S&P 500 Daily Chart Analysis For Week of Sep 5, 2025Technical Analysis and Outlook:
During the trading sessions of the previous week, the S&P 500 Index exhibited a notable downward movement, reaching the Intermediary In Force Pullback Extension of 6370. An Odds-on Secondary Rebound subsequently followed this decline, as the index restored its upward trajectory by achieving the Mean Resistance level of 6502, although it subsequently settled below this benchmark.
It is essential to acknowledge that the current rebound from the Mean Support level of 6447 suggests a significant probability of a sustained upward movement toward the long-term objective, namely the Outer Index Rally at 6543, as detailed in the prior S&P 500 Daily Chart Analysis. Conversely, one must consider the potential for a substantial pullback to the Mean Support extension level of 6413, which would likely precede another rebound.
Moreover, it is critical to recognize that the ongoing price fluctuations may induce a considerable pullback after the fulfillment of the Outer Index Rally target at 6543. Following this anticipated downward adjustment, the index will likely resume its upward trend, targeting the completion of the Outer Index Rally at 6420.
Weekly insighta EUR/USD S&P500 NVDA METAThis video is a weekly insights report from a financial trader on TradingView. I amdiscussing my analysis and predictions for several financial instruments based on technical and fundamental indicators.
Key Points:
Market Overview: The speaker talks about the impact of recent US unemployment data on the market, which led to a "parabolic" rise in the Euro dollar.
Euro Dollar: Based on a technical analysis of an "expanding diagonal" and an old trend line, the speaker believes a false breakout is likely. They plan to avoid trading USD pairs for the next 11 days, waiting for the Fed's interest rate decision.
S&P 500: The speaker notes a five-wave Elliot wave pattern with an expanding diagonal. They are waiting for the price to break below a trend line and a red confirmation line before considering a short position. They anticipate a "choppy" market for the coming week.
Nvidia: The speaker received "hate comments" for their previous analysis of Nvidia. They stand by their short position, citing a break below the exponential moving average, a "huge" divergence on the monthly chart, and a "shooting star" candle pattern. They note that Nvidia is the heaviest stock in the S&P 500, representing 7.5% of the index.
Bitcoin: The speaker points out that Bitcoin's price has crossed and retested two moving averages, which they see as a bearish sign. They will consider a short position if the price breaks below the previous low. They also expect Bitcoin to be stagnant in the coming week while the market waits for the Fed's decision.
Call to Action : The video concludes with a plea for viewers to subscribe to the speaker's TradingView channel for more trading insights and short-trade opportunities.
S&P500 bullish sideways consolidation Equities: Rate-cut expectations outweighed slowdown fears. S&P 500 (+0.21%) closed just shy of record highs, NASDAQ (+0.45%) hit a fresh record. Defensive sectors lagged, leaving the equal-weighted S&P (-0.04%) slightly lower. In Europe, STOXX 600 (+0.52%) and CAC 40 (+0.78%) gained ahead of France’s confidence vote.
Corporate drivers: Apple’s launch event today puts spotlight on iPhone 17 Air, though analysts see the Pro line as the true sales catalyst. Big-ticket M&A and tech deals: Anglo American–Teck merger ($50bn) and Microsoft–Nebius AI cloud contract (~$20bn).
Conclusion for S&P 500 trading:
Momentum remains positive with the index near record highs, supported by the rate-cut narrative and strong tech sentiment. However, breadth is weak (equal-weighted index flat), suggesting gains are concentrated. Traders may lean bullish into Apple’s event, but need to watch for rotation risk if defensives keep lagging.
Key Support and Resistance Levels
Resistance Level 1: 6553
Resistance Level 2: 6590
Resistance Level 3: 6630
Support Level 1: 6440
Support Level 2: 6410
Support Level 3: 6380
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
SPX topped on Sept 5I believe the Sept 5 Friday gap up and reversal at opening marked the top of the rally since Apr lows.
1. RSI div on Daily
2. Extreme chop and fading momentum since August which is typical for wave 4
3. Broken Apr trend channel and retested
4. Divergence between SPX and NDQ (which didn't make an ATH)
5. Risk-on assets like NASDAQ:SMH (e.g. NASDAQ:NVDA ), AMEX:XLK (e.g. NASDAQ:MSFT ), and BITSTAMP:BTCUSD are all breaking down
Even though there is more upside, it would be limited and we are in the late stage rally since April. Sept seasonality is real.
U.S. Macroeconomic DashboardThis is more of a cheatsheet/how-to for my own reference on my macro indicators charting layout. If the chart layout is helpful to the community, all the better! I find it useful for studying events and crises.
Indicators used: SPX, VIX, FEDFUNDS + US10Y + T10Y2Y, USIRYY + USCIR, UNRATE, USBCOI, BAMLH0A0HYM2, DXY
Row 1: Equity and volatility benchmarks
Row 2: Policy stance and inflation
Row 3: Unemployment and growth metrics
Row 4: Credit spreads and USD strength
SPX
Measuring : Equity benchmark
Relevance : Broadest market barometer
Observe : Trend direction, key levels, divergence vs other indicators
VIX
Measuring : Volatility index
Relevance : Market's implied volatility (read: "fear/greed gauge")
Observe : Spike --> risk-off, hedging demand; sustained lows --> complacency
FEDFUNDS + US10Y + T10Y2Y
Measuring : U.S. policy stance and yield curve
Relevance : Monetary tightening and loosening; yield curve recession slope
Observe : T10Y2Y curve inversion --> recession risk; bear steepening --> watch for inflation/deficit concerns; bull steepening --> Fed easing, recovery signal
USIRYY + USCIR
Measuring : Inflation
Relevance : Headline: all prices; Core: Excluding food + energy
Observe : Headline stat drives short-term moves. Core stat drives Fed policy
UNRATE
Measuring : Unemployment rate
Relevance : Labor market health (this is a lagging indicator)
Observe : Rising trend --> recession risk; very low --> possible overheating
USBCOI
Measuring : Manufacturing PMI; Business activity
Relevance : Leading growth indicator for manufacturing, services
Observe : >50 means expansion, <50 means contraction
BAMLH0A0HYM2
Measuring : U.S. High Yield Option-Adjusted Spread (the extra yield/spread investors demand to hold junk bonds vs risk-free Treasuries)
Relevance : Stress in corporate bond markets; risk sentiment
Observe : Widening --> investors demand more compensation for credit risk; narrowing --> investors are confident, low fear of defaults. 2-4 is normal, 4-6 is stressed, 6+ is distress, 10+ is crisis level
DXY
Measuring : USD strength
Relevance : Global liquidity, capital flows, financial conditions
Observe : Strong USD = tighter conditions and pressure on risk assets; inverse for weak USD
S&P500 | Daily rising wedge | GTradingMethodGood morning fellow traders,
S&P price action is tightening inside a rising wedge on the daily chart, with volume steadily dropping.
Rising wedges often signal potential reversals, but with CPI on deck, volatility could go either way.
My guess, price tests top of rising wedge, finds resistance and down we go - a long way down.
Keen to hear your thoughts on whether CPI is going to be a catalyst for a breakout or breakdown?
SPX500 – Retest of ATH, Bullish Flag in FormationSPX500 reached a new all-time high today and has since pulled back to retest the previous ATH level. The structure remains intact, and price is shaping up into a potential bullish flag, signaling continuation higher.
Confluences:
• Oscillators showing bullish momentum
• No major trends broken
• Small pullback likely enough for a bounce toward retesting the new ATH
On the 1H chart, this lines up with a quick 0.5R setup:
• Target: 1 ATR
• Stop loss: 2 ATR
Unfortunately, I didn’t notice the post was set to private instead of public.
Here’s the private link where you can view the original setup:
Disclaimer: This idea is for educational purposes only. Please do not place trades solely based on this setup.
Signals Align for an S&P 500 PullbackThe VANTAGE:SP500 has broken below the EMA 200/100/50/20 while forming a bearish rising wedge and completing an Elliott 5-wave sequence. A MACD bearish crossover and an RSI near 40 further confirm downside momentum. However, this sets the stage for attractive buying opportunities in the near term.
Bullish continuation setup?S&P500 is falling towards the support level, which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 6,511.15
Why we like it:
There is a pullback support that aligns with the 23.6% Fibonacci retracement.
Stop loss: 6,440.59
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement.
Take profit: 6,603.09
Why we like it:
There is a resistance level at the 161.8% Fibonacci extension.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.