S&P 500 Index
Pair : SPX500 Index Description : Completed " 123 " Impulsive Waves Demand Zone Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure Fibonacci Level - 50.00% / 61.80%
AMEX:SPY looks to be showing signs of weakness here. Thinking that we could see the first large decline of the year into one of the support levels below $479-$495. Breaking the trend line would be the trigger. If that happens and we do get a low, then I think we'll have one final rally to the upper resistance levels between $525-$530. Another possibility, is...
Hello everyone, SPx500 4H NEW FORECAST The index price surrendered to the control of the bullish tendency by presenting a new positive close above the barrier represented by the level of 5250.00, forming some upward waves and thus achieving the first additional target stable at 5266. It indicates that the continued presentation of the main indicators of...
Hello everyone, SPx500 4H NEW FORECAST The index price was forced to offer new sideways trades by settling near the barrier represented by the 5225 level, trying to gather additional positive momentum to enable it to confirm the breach of this barrier and reach the additional stations positioned at 5243 and 5265, respectively. The risk of changing the trend for...
Hello everyone, SPx500 4H NEW FORECAST The price is anticipated to continue its bullish trend towards 5243, after which it is expected to commence a downward movement upon stabilizing below this threshold. A reversal below 5225 would likely confirm the continuation of a bearish trend, targeting levels of 5206 and 5182 . Pivot Line : 5225 Resistance Line :...
Last weeks levels provided to be partly actionable and price has immediately responded (See attached post). Comfortable holding this 50% long position with stop/target untouched. Will be looking for opportunities to buy the other 50% and increase risk as I'm confident in the bullish sentiment after last weeks Feds statement. I hold an underlying belief that the...
S&P500 Currently, there is a bearish trend projected to reach 5190 from the pivot point at 5225. However, if it breaks above 5245, confirmed by a 4-hour candle closing above this level, it could potentially target higher levels at 5261 and 5280. Key Levels: Pivot Line: 5225 Bullish Lines: 5245, 5261, 5280 Bearish Lines: 5190, 5168, 5150, 5099
Our friend Fibonacci is showing up a possible next move for SPX. Actually is ranging exactly on the 1.618 level of the last leg, and usually this level to a retrace till the level 1. There we could probably see a reversal that could lead the price into the resistance area at 5250, but it's probably too early for that
Here is our detailed technical review for SPX500USD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5188.9. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5282.3 level. P.S Please, note that...
Using inverse powers of phi to form an harmonic grid. Peak a view. Cheers, Keops
SPX500 went down sharply And the SPX is locally oversold So as we are already seeing a Bullish rebound from the Horizontal support level of 5015 A further move up is to be expected !
Hello everyone, SPx500 4H NEW FORECAST The index price maintained its positive stability above the additional support centered near 5175, confirming to us that it was affected by the previously suggested upward path, and we can notice its fluctuation currently near 5210. Also, the combination of the main indicators in presenting positive momentum supports the...
SP500 reached a strong reversal area where price reacted in the previous week. I was expecting a little pump in my previous ideas, and honestly i wasn't expecting it to rise so much. But i am holding my short trades and i am adding more here, consider i expect a selloff this month. First target the support zone at 4990
SPX500USD has been undergoing some bullish momentum over the last few days. This may lead to a potential push to the $5350 region over the next few days. Further movement will take time to tell; but overall it’s currently looking good. All 4 of our Core YinYang Oscillators and exhibiting Bullish Momentum; however since there is such low Volume, it’s hard to...
Hello everyone, as title says, today I would like to speak about the S&P500 and its market valuation in the current economic environment. Since I prefer to study and analyze markets on higher time frames rather than day-to-day, this Case Study is based on quarter outlook (3M chart), to capture most of the available information using metrics that have...
Two years after my last big short on SPX, the price has once again reached the top of the ascending channel. Based on this scenario , the expectation is that SPX will peak within the next two months , around early May 2024. Initial target 4,800, stretch 4,400 Incidentally, Bitcoin appears poised to surpass its 2021 all-time high, during which Bitcoin peaked...
Pair : SPX500 Index Description : Consolidation Phase Completed " 1234 " Impulsive Waves Break of Structure and Retracement Fibonacci Level - 61.80% Exp Fiat as an Corrective Pattern in Short Time Frame
Please, check our technical outlook for SPX500USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 5078.5. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...