SPX500 Holds Below 6,590 Pivot After Hitting 6,600 TargetSPX500 – Overview
The S&P 500 reached our 6,600 target following softer inflation data that reinforced Fed rate-cut expectations.
Price is now stabilizing below the 6,590 pivot, signaling the potential for a near-term pullback.
📉 Bearish scenario: While trading below 6,590, momentum favors a drop toward 6,571. A confirmed break under this level could extend the decline to 6,550 → 6,527.
📈 Bullish scenario: A 1H close above 6,590 would shift bias bullish, opening the way toward 6,604 → 6,631.
Key Levels
Pivot: 6,590
Resistance: 6,604 – 6,631
Support: 6,571 – 6,550 – 6,527
Bias: Bearish while below 6,590; bullish breakout confirmed only on a 1H close above this pivot.
US500 trade ideas
S&P 500 Index Holds Near Record High Ahead of Fed AnnouncementS&P 500 Index Holds Near Record High Ahead of Fed Announcement
At 21:00 GMT+3 today, the Federal Reserve will announce its interest rate decision, followed by Jerome Powell’s press conference. The rate is widely expected to be cut from 4.25%–4.50% to 4.00%–4.25%.
This will conclude a prolonged intrigue fuelled by President Trump:
→ his constant criticism of Powell for pursuing an “overly tight” policy;
→ the decision to dismiss Federal Reserve Board member Lisa Cook, which markets perceived as direct pressure on the regulator’s independence.
In anticipation of the outcome, traders are showing optimism. The S&P 500 index reached a new all-time high yesterday, climbing above 6,640 points. This morning the price pulled back slightly, which can be interpreted as a short-term correction ahead of a key event. Effectively, the market has already priced in the expected policy easing, viewing it as a catalyst for further growth.
Technical Analysis of the S&P 500 Chart
Six days ago, when analysing the 4-hour chart of the S&P 500 (US SPX 500 mini on FXOpen), we noted that:
→ the price was oscillating within an upward channel (marked in blue);
→ in September, the index has been following a steep bullish trajectory (marked in orange), with its lower line showing signs of support.
Since then, favourable inflation data helped the bulls break above the channel’s upper boundary (highlighted with an arrow).
Possible scenarios:
Bullish perspective:
→ The breakout candle above the blue channel has a long body, signalling strong buying momentum – an imbalance, also known in Smart Money Concept (SMC) as a Fair Value Gap (FVG).
→ The local level of 6,600, once resistance, has now turned into support; the next target could be the psychological level of 6,700.
→ The price is consolidating above the blue channel’s upper boundary, indicating robust demand.
Bearish perspective:
→ The upper boundary of the orange channel may act as resistance.
→ The RSI indicator, although off overbought territory, remains close to it – potentially deterring buyers from entering at elevated prices.
Taking all of this into account, the current balance could easily be disrupted once the Fed announces its rate decision – arguably the most significant event of the month in the economic calendar. Be prepared for spikes in volatility, as sharp moves in either direction are possible.
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.
S&P500 | 100 year bullish channel | GTradingMethodHello Traders - Happy Monday!
I thought this was a very interesting perspective on S&P500.
What they don’t want you to see... 👀
The S&P has been moving inside a bullish channel for nearly 100 years (since 1925).
Right now, price is breaking out of that channel but is it fakeout?
If it’s a fakeout, the implications are huge: we could be looking at a 70% drop back to the bottom of the channel.
⚠️ Chart is on the monthly timeframe with a logarithmic scale.
What do you think — breakout or fakeout? Very keen to hear all your thoughts
#TradingLife
Good time to get out of the MARKET (Too Heated)The market has never been this expensive and retailers are being the exit liquidity for whales / institutions. Almost like many people are just sitting a sipping away on an active volcano. The market could be jumping for a few days, but a rate cut confirms that the market is weak and needs a boost / help. Unfortunately, it's too little too late. Most macros show a clear sign of stress, which is not being reflected in the market (for now). Don't get too complacent...the VIX will spike at astronomical levels when the hammer falls. Best of luck!
US500Success in forex and stocks comes from a combination of knowledge, discipline, and patience. Understanding market trends, economic factors, and company fundamentals is crucial, but equally important is controlling emotions and sticking to a well-planned strategy. Continuous learning, adapting to changing conditions, and managing risk wisely can turn opportunities into consistent growth over time. Consistency, not luck, separates successful traders from the rest.
Hellena | SPX500 (4H): LONG to resistance area of 6600.Colleagues, the main idea is still the upward movement in the impulse of the middle wave “5”.
Wave “4” is likely to take place, because the bulls need to gain strength to update the local maximum of 6512.
The most important thing here is that the target of 6600 is a round number, which is quite attractive for buyers and limit sellers.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
S&P500 | H1 Head and Shoulders | GTradingMethod👋 Hello again fellow Traders,
I already have a short open from 6 633.7, but I’d love to see a Head & Shoulders pattern develop so I can scale into more shorts.
So far, the build-up looks promising — volume has picked up significantly on this drop, which is a bearish signal. That said, I’m still waiting on confirmation before committing further.
📊 Trade Plan:
Risk/Reward: 3.1
Entry: 6 614.3
Stop Loss: 6 625.4
Take Profit 1 (50%): 6 586.9
Take Profit 2 (50%): 6 570.2
🔎 What I Need to See First:
A 30m candle to reach and close in range
Lower volume on the candle that closes in range vs. the left shoulder
More candles forming the right shoulder
💡 GTradingMethod Tip:
Patience is key. The best trades usually come when all conditions align — not just some of them.
🙏 Thanks for checking out my post! Make sure to follow me for updates, and keen to hear what your prediction is.
📌 Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
S&P 500 Daily Chart Analysis For Week of Sep 12, 2025Technical Analysis and Outlook:
In the previous trading session, the S&P 500 Index exhibited a substantial upward movement, reaching and completing the Outer Index Rally 6543, and it is striding towards our current designated target: Outer Index Rally 6620, as detailed in the prior S&P 500 Daily Chart Analysis.
It is critical to recognize that upon reaching this momentous target, the resulting price action is anticipated to initiate a significant pullback targeting the Mean Support level of 6485. This pullback is likely to facilitate a considerable rebound, allowing for a subsequent retest of the Outer Index Rally level of 6620.
What to do now that FEDs going to lower interest rates ?This is for traders who enjoys taking advantage of short term market movements. For investors who are holding on to great companies, just sit tight.
The first support level is the gap at 6023 price level. The 2nd level at 5689 is less likely but not impossible.
This fall will be good as US markets are over valued for a while and any falls will be a good accumulation point. Also, the month of September is also seasonally a down month so no hurry to get in. So do be patient and please DYODD.
"US500 BREAKOUT – TIME TO LOAD LIMIT ORDERS FOR THE PUMP?"🔥🦹♂️ "SPX500 BANK HEIST – LAYERED BULL RAID IN PROGRESS!" 💰📈
(Thief Trader’s Multi-Limit Order Bullish Ambush – No Weak Hands Allowed)
📍 ASSET: US500 / SPX500 (S&P 500 INDEX)
🎯 HEIST PLAN: BULLISH BREAKOUT 6500.00
💣 ENTRY: ANY PRICE LEVEL (Thieves use Layered Limit Orders – adapt like a pro!)
🔫 SAMPLE LAYERS: (Scale in like a boss!)
BUY LIMIT LAYER 1: 6475.00
BUY LIMIT LAYER 2: 6460.00
BUY LIMIT LAYER 3: 6440.00
(Add more layers if needed – flexibility is key!)
🛑 STOP LOSS: 6400.00 (Thief’s Emergency Exit – adjust based on your risk!)
🎯 TARGET: 6600.00 (First profit zone – trail or take gains!)
🦹♂️ THIEF TRADER’S MASTER PLAN:
"We don’t ask for permission – we take profits."
🔹 ENTRY TACTICS:
Use multiple limit orders (LAYERED STRATEGY) – like planting timed explosives at key levels.
No panic entries – thieves strike with precision, not emotion.
DCA if needed – but keep bullets for the real move.
🔹 STOP LOSS RULES:
6400 = Danger Zone – if price breaks, abort mission & regroup.
SL too tight? You’ll get stopped out by market noise. SL too wide? You’ll bleed. Find balance.
🔹 TAKE PROFIT STRATEGY:
First TP @ 6600 – secure partial profits.
Let runners ride with trailing stop – or full exit if momentum fades.
🚨 THIEF’S GOLDEN RULES:
✅ Only LONG – no revenge shorts, no greed traps.
✅ Trade in SILENCE – avoid high-impact news (CPI, NFP, Fed).
✅ Risk management = Survival – don’t blow your account on one play.
✅ BOOST & SHARE – if this plan helps, spread the word!
📢 FINAL WARNING:
"This is not financial advice – it’s a thief’s blueprint.
Plan your escape before entry. Market heists require discipline."
💬 COMMENT "ROBBING SPX" if you’re in!
🔥 LIKE & BOOST if you ride with the Thief Trader crew!
🦹♂️ THIEF TRADER OUT.
💸 STEAL SMART. GET RICH. REPEAT.
THE FED'S SECRET INDICATOR JUST FLASHED REDHERE'S WHAT IT MEANS FOR YOUR PORTFOLIO
The National Financial Conditions Index from the Chicago Federal Reserve has sent a clear signal this week: financial market conditions are deteriorating. After months of relative calm at a level of -0.53, the index rose on Wednesday, triggering the first "Risk Off" signal in an extended period. For institutional investors and risk-conscious traders, this is a moment that deserves attention.
The NFCI is not just another technical indicator. It represents the most comprehensive assessment of American financial market conditions available. Over 100 different data points flow into its calculation: from credit conditions to volatility measures to banking sector stress indicators. When this index rises, it means liquidity conditions are deteriorating, credit risks are increasing, and financial market stability is under pressure.
The historical evidence is clear. Both in 2008 and 2020, NFCI increases warned weeks before major market crashes of deteriorating conditions. The strategy of building defensive positions during NFCI rises has proven its effectiveness over long periods. While it doesn't deliver the spectacular returns of a pure buy-and-hold approach, it offers something far more valuable: capital protection in critical moments.
BASE CASE SCENARIO
Our base case assumes that the current NFCI rise marks the beginning of a typical correction phase. Historical data shows that such signals typically anticipate market declines of 10 to 15 percent over a period of three to six months. The correction would be driven by a combination of tighter credit conditions, increased volatility, and diminishing investor risk appetite.
In this scenario, we expect the S&P 500 to retreat from its current level of approximately 6,470 points to a level between 5,500 and 5,800 points. This would correspond to a decline of about 10 to 15 percent, equivalent to a normal, healthy correction in an otherwise intact bull market. Recovery would begin once the NFCI starts falling again, signaling that financial market conditions are relaxing.
This scenario is supported by the fact that the American economy remains fundamentally robust. Unemployment is low, corporate earnings continue to grow, and the Federal Reserve still has room for monetary policy support. A moderate decline would correct overvalued areas of the market without triggering a systemic crisis.
WORST CASE SCENARIO
The more pessimistic scenario considers the possibility that the current NFCI rise is the beginning of a more serious financial market disruption. In this case, the index could continue deteriorating and reach values historically associated with genuine financial crises. A sustained rise over several weeks, especially if the NFCI reaches positive values, would indicate systemic problems.
In this scenario, we would have to expect a market decline of 25 to 40 percent extending over 12 to 18 months. The S&P 500 would fall to levels between 3,900 and 4,900 points in this case. Such movements typically arise from a combination of credit squeeze, liquidity shortages, and self-reinforcing selling spirals.
The triggers for such a scenario could be diverse: an unexpected escalation of the geopolitical situation, the bursting of a speculation bubble in an important market segment, or a revaluation of credit risks in the banking sector. The worst-case scenario would also mean that the Federal Reserve would have to respond with aggressive measures, which in turn could lead to longer-term structural changes in monetary policy.
POSITIONING STRATEGY
Given these scenarios, a graduated defense strategy is appropriate. The first line of defense consists of reducing existing long positions and taking profits. This is particularly important for overvalued growth stocks that suffer disproportionately in correction phases.
The second stage involves building direct hedging positions. Put options on the S&P 500 with maturities of three to six months offer cost-effective protection against larger declines. Strike prices between 10 and 20 percent below the current market level should be chosen to achieve a balanced ratio between costs and protective effect.
For more aggressive traders, direct short positions are also available, but with strict risk management. Short positions should not exceed 5 to 10 percent of the total portfolio and must be closed immediately upon a reversal of the NFCI signal.
TIMING AND EXIT STRATEGY
Timing is crucial for NFCI-based strategies. The index is updated only once weekly, meaning signals don't immediately react to daily market movements. However, this is a feature, not a bug. The weekly frequency filters out market noise and focuses on substantial changes in financial market conditions.
The exit strategy is as important as the entry. As soon as the NFCI begins falling again, defensive positions should be gradually reduced. A decline of the index below its previous low would represent a clear "Risk On" signal and justify building new long positions.
It's particularly important not to try to catch the absolute bottom. The NFCI strategy is designed to capture the big moves, not to trade every small fluctuation. Patience and discipline are more important here than precision.
The current NFCI rise is a warning signal that should be taken seriously. While we cannot predict with certainty whether we are at the beginning of a small correction or a larger bear market, the historical evidence justifies defensive positioning. The combination of profit-taking, hedging strategies, and increased liquidity provides the best possible protection against the uncertainties that may lie ahead.
At a time when many investors are blinded by ongoing market euphoria, the NFCI reminds us that markets are cyclical and that caution is often the better part of valor. Those who position defensively today will have the flexibility tomorrow to act from a position of strength when better opportunities arise again.
S&P 500 Hits Record High Ahead of CPI ReportS&P 500 Hits Record High Ahead of CPI Report
Today at 15:30 GMT+3, the Consumer Price Index (CPI) report will be released.
In anticipation of the figures, traders remain optimistic – the S&P 500 index reached a new all-time high yesterday, climbing above 6,560 points.
The bullish sentiment is driven by:
→ Expectations of an interest rate cut in September, which is believed to provide a positive boost to the US economy (and increase corporate profits).
→ A sharp rally in Oracle (ORCL) shares. The company announced it had signed four multibillion-dollar contracts with three different clients.
Technical Analysis of the S&P 500
On the 4-hour chart of the S&P 500 index, the price continues to move within an ascending channel, shown in blue.
From a bearish perspective:
→ the price is near the upper boundary of the channel, which has acted as resistance for several weeks;
→ the RSI indicator is close to the overbought zone, which may discourage buyers from entering at higher prices;
→ yesterday’s candle had a long upper shadow (marked with an arrow), indicating increased selling pressure.
From a bullish perspective:
→ the local level of 6,520, after being broken, has switched from resistance to support;
→ in September, the price has followed a steep upward trajectory (marked with orange lines), with the lower line showing signs of support.
Taking this into account, we could assume that the market is in a short-term state of balance while awaiting the release of inflation data – arguably the key event of the week in the economic calendar.
Favourable figures could encourage the bulls to attempt a breakout above the upper boundary of the channel, lifting the S&P 500 to a new all-time high. Be prepared for spikes in volatility.
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.
SPX500 (15m) | VolanX Protocol Analysis📊 SPX500 (15m) | VolanX Protocol Analysis
The index is pressing into the 6,617 zone, showing exhaustion at key Fib extensions.
Our VolanX model outlines two possible paths:
1️⃣ A corrective retracement toward 6,450 support before momentum rebuilds.
2️⃣ A continuation breakout, with upside targets at 6,689 and potentially 6,799.
⚖️ Bias: Neutral-to-bullish short-term, with risk of a healthy pullback before continuation.
🧠 VolanX Protocol continues monitoring momentum shifts, liquidity sweeps, and volatility clusters for adaptive trade execution.
🔗 #VolanXProtocol #WaverVanir #SPX500 #TradingAI #MarketIntelligence
Crack-Up BOOM and BUSTHey everyone, Wave-Tech here. Join me on a historic journey as I reconstruct the Grand Super Cycle while diving into the historic and captivating world of Elliott Wave Theory!
This was to have been my maiden video cast—it didn't turn out as well as I hoped. Time got away from me, and the video ended abruptly before I could finish.
Rather than redoing it, I decided to keep the first and most authentic take intact for better or worse.
I made it private so that I could review it before publishing; however, I let too much time pass and was unable to change the setting back to public from private .
You can view the private video HERE :
The accompanying text is beneath the chart below:
In the simplest terms, Elliott Wave Theory is a measure of market psychology and sentiment coupled with Fibonnaci ratios designed to create a structural framework for determining at what stage of advance or decline a given market is in.
The basic premise for inherent advance and progress is three steps forward (impulse waves 1, 3, and 5) and two steps back (corrective waves 2 and 4).
According to Elliott, there are 9 degrees of trend, all of which are fractal in nature. The largest is the Grand Super Cycle, and the smallest is the Sub-Minuette.
Today, we’re exploring a yearly bar chart of the S&P, which covers trends at the Super Cycle and Cycle degree, revealing the pending culmination of a Grand Super Cycle—a colossal trend spanning centuries.
Buckle up as we unravel the rhythms of the stock market's epic ride!
The SUPER CYCLE:
Let’s start with the big picture: five waves of advance at the Super Cycle degree.
According to Ralph Nelson Elliott, with the sole exception of the GRAND SUPER CYCLE, the Super Cycle is the largest of all trends, a monumental set of impulsive and corrective waves that will set the tone and punctuate Grand Super Cycle terminals for Centuries to come—or at least through the fall of Empires or Civilizations.
Each of these waves tells a story of growth, correction, and renewal. The current Grand Super Cycle has been shaping markets and Nations for over a century. We can see this Grand Super Cycle unfolding in waves of Super Cycle dimension.
WAVE COUNTS:
The chart highlights five waves at Super Cycle degree: the first lasted 52 years with a gain of more than 1000%, the third stretched 68 years with a staggering 33,336% gain, and the fourth, a shorter 9-year span, saw a -57.06% loss, which marked the GFC low in 2009.
We are currently in the fifth Super Cycle wave, which is still unfolding and could mark the end of this Grand Super Cycle at any moment.
In contrast, the post-GFC "everything bubble" Crack-Up BOOM can persist to the upper trend channel boundaries noted near 18k and 35k.
Zooming in, we encounter the fractal Cycle degree waves comprising Super Cycle (III). Take Cycle Wave III and Cycle V, both 26 years long, delivering gains of 1,191% and 2,313% respectively.
And from the Super Cycle wave (IV) low in 2009, we are 16 years into Super Cycle Wave V, with an impressive 872% gain as of September 5, 2025.
This current wave could easily extend further, but its length is sufficient to suggest we may be nearing a pivotal turning point that might end the Grand Super Cycle with a sufficient black swan trigger.
The Fourth Turning:
Now, let’s touch briefly on the 85-year cycle, a rhythm that syncs beautifully with the concept of the "fourth turning"—a period of crisis and transformation.
The last one kicked off in 1945, post-World War II, ushering in the rules-based order that America and the West thrived in—an order that is arguably destined to end by 2030 if it hasn't already. This turning cycle hints at a historic shift on the horizon, or one that is currently already underway.
THE RSI:
Glance at the lower pane of the chart, where the Relative Strength Index (RSI) reveals a tale of caution. Since 1955, we’ve endured 16 long years of multiple bearish divergences—times when the market’s price and momentum didn’t align, signaling trouble ahead.
I like to call this the bearish divergences that cried wolf for nearly a generation! Note that it wasn't until the RSI closed beneath the mid-line that the sell-off into the 1974 low registered an oversold reading.
We saw the RSI fail again upon the new highs in 1993-94 following the highs in 1987.
1995 kicked off the infamous five years of irrational exuberance, which led to the tech bubble peak and subsequent crash into the 2002 low.
Not to be outdone by the 2000 blow-off top, the 2002 low ushered in yet another five years of irrational exuberance, culminating right in time for the 2008 Global Financial Crisis. This time, the RSI finally got it right on the first go round.
Currently, against the highs printed in 2021, the V-shaped snap-back rally following the mini bear market of 2022, the move to new highs in 2024 has flagged a bona fide bearish divergence. It will be interesting to see how the RSI looks after the close of 2025.
These divergences are like red flags, whispering that the party might not last forever, even though it may.
Price Targets:
So, where might this Super Cycle Wave V take us in terms of price? Let’s apply a Fibonacci projection—specifically, where Wave V equals 4.236 of Wave IV.
Doing the math, from the Wave IV base at 666.79, we’re looking at a target of around 7,226-7,233 on the S&P 500.
That’s only about 10% upside from recent highs—not quite the blow-off top of 18K or 35K, but a target to approach with eyes wide open.
Now, let’s consider a sobering scenario:
If Super Cycle Wave V ends here, or north of 7K, signaling the close of Grand Super Cycle ONE, history might repeat itself with a bear market akin to 1929’s four-year plunge.
An 86% decline could drop the S&P to around 917—still well above the Wave IV low of 666.79, another common target, but a stark reminder of the cycles’ power.
In Closing:
Thank you all for listening and reading if you've gotten this far. This was my first video. I got blindsided and cut off by the time constraint, so I apologize for the abrupt ending.
The market’s cycles and waves are a dance of numbers and human spirit, and we’ve only scratched the surface of their grandeur and implications.
Stay curious, stay informed, and keep your life vests on while riding these waves, okay!
S&P500 Key Trading levels Optimism on US-China relations drove markets higher after Trump’s positive Madrid meeting comments and Treasury Sec. Bessent’s note on a TikTok deal framework.
The NASDAQ Golden Dragon China index (+0.87%) outperformed as US-listed Chinese firms rallied.
This lifted global equities: S&P 500 +0.47% (new ATH), Stoxx 600 +0.42%, both near record highs.
Tech led gains: NASDAQ +0.94%, Magnificent 7 +1.95%. Alphabet hit $3trn valuation, Tesla +3.56% on Musk’s share purchase. Nvidia slipped (-0.04%) on China antitrust news.
Despite broad weakness under the surface, the S&P 500 is now +12.47% YTD and has risen in 6 of the past 7 weeks—its strongest stretch in 2025.
Conclusion for S&P 500 today:
With sentiment anchored by trade optimism and tech leadership, momentum remains upward, but concentration in a few mega-cap names alongside weaker breadth suggests potential for near-term consolidation even as the broader index holds bullish bias.
Key Support and Resistance Levels
Resistance Level 1: 6640
Resistance Level 2: 6660
Resistance Level 3: 6680
Support Level 1: 6575
Support Level 2: 6550
Support Level 3: 6530
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.
"When the move is tiring." "Moves in the tiring stage will try to have the best chance for clearing debt and freaking out the market with high prices. The first move of this stage will go with fewer candles but high movement in price by itself. The second is opposite—its strength is weak, but its effort is strong (more candles)."
Let me know if you want to expand this into a trading strategy or a visual example. It's got a poetic rhythm to it—almost like market philosophy.
........
"Superiority zone will break in the chance of wonderful news, but only for a while. There should not be any trade—market needs to absorb the new price."
.........
"Pressure zone free is no longer a trade with real money. It's a controlled move to break the new price for the sake of the news and shift into a political view."
..........
"Free range is the zone that will hold the price strongly below or above it."
US500Success in forex and stocks comes from a combination of knowledge, discipline, and patience. Understanding market trends, economic factors, and company
fundamentals is crucial, but equally important is controlling emotions and sticking to a well-planned strategy. Continuous learning, adapting to changing conditions, and managing risk wisely can turn opportunities into consistent growth over time.
Consistency, not luck, separates successful traders from the rest.