SPX MARCH WEEK 4 OUTLOOKDaily - looks bullish still. but COT and how volume has been coming in for the last couple weeks suggesting a pullback is incoming. Origin - Quite straightforward here. if price holds above 5139, I will look for longs and if it breaks below 5110, bias will flip to short.by Osiris9922
S&P 500 INTRADAY LEVELS FOR 18/03/2024BUY ABOVE - 5124 SL - 5113 TARGETS - 5131,5140,5150 SELL BELOW - 5113 SL - 5124 TARGETS - 5104,5091,5083 NO TRADE ZONE - 5113 to 5124 Previous Day High - 5131 Previous Day Low - 5104 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JP6
S&P 500 POTENTIAL 1D BUTTERFLY S&P 500 currently developing as a POTENTIAL 1D BUTTERFLY. We could see price hit 5250 (new possible ATH). After we could witness a minimum of 10% decline in priceShortby sandoh0
Why Traders Should Learn From Cristiano RonaldoCristiano Ronaldo is a soccer legend. He has won the Ballon d'Or five times, which is an award for the best player in the world. He's scored more than 700 career goals, and he's won league titles in England, Spain, and Italy. Not to mention, he's also won the Champions League, Europe's top club competition, five times. Ronaldo is known for his incredible work ethic, athleticism, and his drive to win. He's one of the greatest soccer players ever. Traders can learn greatly from Cristiano Ronaldo. How? Let's go back to his past. When Ronaldo was getting ready to make a big jump in his career to join Manchester United, he had to make a huge choice. Top teams like Barcelona and Inter Milan also wanted him. But Manchester United's coach, Sir Alex Ferguson, promised him something special: he'd get to play in lots of games, at least 50% of total matches in the season. An offer which he agreed to take. Even when Ronaldo was still young he wasn't oriented about getting rich or famous fast. Ronaldo picked Ferguson's team because he wanted to get better at soccer by having more opportunities to play. He believed in process. This decision helped him become the star we all know now. This is a good story to think about for anyone starting to trade. Trading isn't just about making fast cash. It's about learning how the market works and making smart choices. Think like Ronaldo did: focus on practicing and getting better, not on the money you could make today or tomorrow. Now, let's go to another field. Let's look at example from a doctor who is about to perform surgery. The doctor was faced with a critical decision: A 55-year-old man with a serious heart condition needs surgery to continue working and living without pain. The operation has clear benefits, potentially extending the patient's life from age 65 to 70. However, there's an 8% risk associated with the surgery, meaning that there's a chance the patient may not survive the operation itself. The doctor, knowing these odds, decides to go ahead with the surgery, and thankfully, it's a success. This situation parallels the decisions traders make. They analyze market conditions, evaluate potential risks and rewards, and make their best judgment call on whether to buy or sell an asset. Much like the doctor who bases their decision on medical knowledge and the patient's condition, a trader relies on economic data, company performance, and market trends. But even with the best analysis, the outcome is not guaranteed. The doctor's decision should not be judged solely on the outcome—the patient's survival—because it was made with the best information available at the time. Similarly, in trading, a decision should not be judged only by the profit or loss that results. A trade made on sound analysis can still lose money if the market goes the other way, just as a profitable trade could result from an ill-informed decision that happens to get lucky. It’s like running past a dynamite factory with a lit torch. If you make it past and nothing blows up, it might seem like a good decision because you’re okay. But was it smart to run with that torch in the first place? Not really. That's what traders have to watch out for: not tricking themselves into thinking a risky bet was smart just because they didn't lose money this time. For new traders, the best thing to do is make a trading plan and stick to it. Write down why you're making each trade. Later, you can look back and learn from what you did right or wrong. It’s not about quick wins; it’s about getting better over time. Another example is if you're learning to cook. You don’t expect to be a great chef right away. You start with simple recipes and get better with practice. And if a dish doesn’t turn out perfect, it doesn’t mean you're a bad cook. It's part of learning. In trading, remember the idea of outcome bias. This is when you think a decision was good just because things ended up okay. This can really mess with your head, making you overconfident or too scared to make your next move. So, traders should be like athletes or chefs, caring more about how they do their work than just the win or the perfect meal. Believe in the process because in the long run, it's how much you learn and get better that really matters. Educationby WayanEko5
spx500 my new guessmaybe im worng but that what i see 17 march 2024 down to 4965Shortby khaled91xxx225
STILL WAITING FOR US500?!Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. US500 BEARS TO TAKE OVER. 📚 👉As we can see price is still overall bullish trading inside this channel from a Long-term perspective, making clean higher highs and higher lows as well. 👉However, price is still sitting around a strong psychological level, lining up with our upper bound of this channel acting as an over-bought zone, where we will be looking for new bearish movements. 👉Meanwhile, for the bears to take over, we need a break below the marked major swing low, and below our rising trendline, if that happens, then a movement lower would be expected. Until that price is still overall bullish, and price can still trade higher and higher. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!Shortby Hadi_karaali4
Is this the start of the bigger correction down for SPX500USD?Hi traders, Last week SPX500USD went up again for wave 5 of the bigger wave 3 and after that it dropped. Next week we could see the start of a bigger correction down. Trade idea: Don't trade at this point. If you want to learn more about trading with supply and demand and 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 EduwaveTrading2
S&P 500 Daily Chart Analysis For Week of March 15, 2024Technical Analysis and Outlook: Based on the chart analysis for March 8, it has been observed that the S&P 500 (Spooz) index has initiated a renewed downward trend from the completed Outer Index Rally 5170. The Spooz targets a newly created Mean Support level of 5096, which is anticipated to serve as a rebound point, enabling the index to retest the completed Outer Index Rally 5170. The subsequent important target for the index is the Outer Index Rally 5280. However, it is essential to note that there exists a possibility of the index experiencing a dip and resting at the Mean Support level of 5060.by TradeSelecter224
SPX ready to fall Sp500 is now at a very crucial moment just 4 days before the FOMC meeting on Thursday . Price is around at 5112 level and we want to see if this resistance is going to stand or it will break next week. If we have a break of this resistance then we will have 4h chart moving below the 100 ema and that’s the first time we will see that after a long time.. also the break of 5112 level means that the double top pattern which formed in 4h chart continues its downward move to the 5093 neckline level. Just to point that the target of the double top pattern is at 4998. If we have a break of the neckline then we move forward to the crucial 5056 level.. that level is the big support of this uptrend. If we break this level too then we can start to talk about the start of the true correction and probably the retest of the previous ATH of 2021 at 4800. Tp1 : 5093 Tp2: 5056 And if we have a break then very possible targets : A. 4956 B. 4920 C.4856 And our final target the retest of the 4800 level Thanks a lot , trade safely . Shortby peacefulAntelope1327d6
SP500: Bullish Momentum ContinuesHello Everyone, The current sentiment towards the S&P 500 suggests it's still a robust buy, although there are hints of a possible shift towards bearish territory in the near future due to overbought conditions. Despite this, the bullish trend ranging from one day to one year remains intact. The stability of daily support structures is yet to be confirmed. Overall market sentiment leans towards a bullish continuation, with factors aligning to support this scenario. TradeWithTheTrend3344 Longby TradeWithTheTrend33441
SPX finish rally from October Now that SPX has made a lower low today, we have another confirmation that the rally from October has been completed. It was an extended 5th wave, as noted with the 3rd wave having the highest RSI reading, followed by a sucession of 4 bearish divergences in RSI.Shortby TraderBwater2
SP500, Possible correctionIts a long time chart has needed a correction but has not been happened till now. if it passed 5100 to downward, it will have more correction and you should be care about your buying positions.by pardis3
SP500 ShortWe are currently in a strong uptrend on the SPX. I personally believe that a consolidation phase is imminent. That's why I have initiated a short position with a risk-reward ratio of 1:4.Shortby ilia.gobadzeUpdated 3
S&P500 Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring US500 for a selling opportunity around 5130 zone, US500 was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 5130 support and resistance area. Trade safe, Joe.Shortby JoeChampion5
S&P 500 Holds Steady at Crucial Support Level on Triple WitchingThe S&P 500 (SPX) is steady at the crucial support level 5113. If the index maintains this level, it could retest the 5200 zone and potentially aim for 5350 upon breaking out. However, a fall below 5113 could lead to a retest of 5050/4950. We have identified sizeable dark pool institutional buying levels indicated at 4950, so they either protect that zone if it's tested or the market makers want it at 4800/4600. SPX is undergoing a rebalancing today, with Super Microcomputer (SMCI) replacing Whirlpool (WHRL) and Deckers Outdoor (Deck) replacing Zions Bancorporation. SMCI has already seen a remarkable 1100% increase this year. Despite some scepticism about its ability to continue growing, funds will need to purchase shares of SMCI, which could lead to a situation reminiscent of Tesla's growth in 2020 when it joined the SPX and surged by 170%. Today also marks a "Triple Witching Day" on Wall Street, where stock options, market index options, and market index futures all expire simultaneously, potentially leading to increased market volatility and unexpected pricing movements. This quarterly event presents opportunities for traders and algorithms to adjust positions, with around US$5 trillion worth of securities set to expire. Investors are advised to exercise caution and remain vigilant amidst the heightened trading activity, reminiscent of the famous warning to "beware the Ides of March." Over the next few weeks, we will closely monitor the performance of Bitcoin and the S&P 500 and the impact of the latest additions to the index. by BarneyG3
Low Participation & High DivergenceAm I the only one worried about this? Big divergence between the market rally and percentage of stocks participating in it. This is what the end of 2021 looked like. Another interesting fact: The % of S&P 500 stocks outperforming the index over the prior 1-year period hit a record low last month at 24%. This is the lowest reading since at least 1994.by rossgivens335
SPX 3/15 Down 3/4% I'm predicting a decently red day tomorrow to close the week. Weekly candles are showing a bit of resistance near the highs, the 1hr RSI is showing that a breakout above or below should be coming soon as price movement/volatility is tightening. Also, the 1hr MACD is turning down like we've seen on the other times. Daily is slowing down like it is trying to round. I mainly think this is due because of the weekly candle and think the bears will come out to play. Shortby Conoveca11Updated 223
US500 Will Move Higher! Long! Here is our detailed technical review for US500. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 5154.2. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 5171.8 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider333
BULL and BEAR pullback trades and risk managementHere are rules for long and short trades via Bull and Bear PullBack and trade management for it. Educationby Consistent_TradesUpdated 0
Potential bullish bounce?S&P500 is bouncing off the pivot point at 5140.69 which also aligns with 50% Fibonacci retracement, price could potentially rise higher to swing-high resistance. Pivot: 5140.69 Support: 5099.62 Resistance: 5188.34 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. ULongby ICmarkets2
SPXHi bro. If you don't believe me, believe your eyes. Im open short position. Subscribe me to free high-impact signals. More at Russian language.Shortby X500FX1
SPX 500im looking for both side market buy and sell, right now my sell trade is active by ZenithRamwala1
S&P 500 INTRADAY LEVELS FOR 15/03/2024BUY ABOVE - 5160 SL - 5150 TARGETS - 5170,5178,5188 SELL BELOW - 5140 SL - 5150 TARGETS - 5120,5109,5100 NO TRADE ZONE - 5140 to 5160 Previous Day High - 5178 Previous Day Low - 5122 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JP334