Sp500short
short #sp500 at 3180 with tp 1 at 3155 and tp 2 = 3130a very small correction sceneraio even we' think about Xmas rally i keep my position
if he go to 3200 i add 1 lot and add a tp 3 at least at 3100 and 3035 my finak
coz in fact the deal are not what expected marke and i bet on a TOP now or a bit up if market still wanna rally for xmas
if market push up stock fpor free as he bought already the rumours and the new are done and lower than expected will mean its politic control the pmarket and this i no wantr to believe
Short at 2942 with 3 target short term to 28201 - the eco data are worst more than expected
2- he like filled THE big gap
3 - he traced 61.8 fibo from the #COVID19 krach ,my target are not so far so i think its a good timing and a good trade with good gain to try
4 - he up much on Gilead treatment but in fact even a Vaccin will not erase what the economy is now and all her drama economic data like pmi ,Gdp and co
so central bank are here but reality should back
may i enter a bit early if is the case i will add 1 lot and update..also i will update down my target if he up much for now the stop lost is up to you i made it for me at 3010 yep is a bad ratrio but of course if he go there i will add 1 lot and so get more profiot when he will fall and also surely doiwn my target to 2700 even more...the level is unrealistic..cental bank cant replace economy even if market right now near mean nothing as is a big game ,liek lottery and annalysis near mean nothing coz of central bank and trump tweet
Short US SP500 From here, 2900-3000 levels is a good entry for short positions on US500.
A retrace back to 2700 levels is incoming and perhaps below 2500.
S&P500 Bears Smell Blood, Bulls Stuck in Mud, Listen to the FUD A simple S&P500 chart displaying concerns on many levels. Looking at how my old chart played out, I think we will see a return to the lows around 2200 as we have met resistance around 2800.
This is a speculation of whats to come and not financial advice.
S&P500 SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
S&P500: Daytrade-Preparation
Market Sell: 2945,00
Stop-Loss: 2978,00
Target 1: 2917,00
Target 2: 2880,00
Target 3: 2856,00
Stop-Loss: 33 pips
Risk:1%
Risk-Reward: 2,7
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
SP500- V shape recovery? Yeah, sure...More and more people are calling for a V shape recovery and for certain the chart looks like this.
And if you ignore the economical and fundamental facts we can all be happy, drink margaritas and sing Kumbaya, for sure most of us will be out of a job and have time to spare...
Leaving the joke aside what's happening on Wall Street looks like desperation and distribution on higher prices, not at all like a V shape recovery.
From a technical point of view, SP500 is in 3000 zone resistance and it can easily pass this to "make the news", it will last, for sure, NO!
In my opinion spikes above 3000 should be sold for a drop to 2200 zone.
S&P 500 index NEW PARADIGM Shiny, gorgeous stonks looks like they move you straight into heaven.Looks like very bullish. But my feeling about the market is bearish of course. May be this time is different, maybe my bearish broken bias are lying to me. I made this thoughts before, when last bear are completely change his bias to bullish price immediately stop rising and start to reverse
3050-3130 are good levels for sell
$ES lanesOnce $ES retests the top of the blue lane = bottom of the red lane = swing low on daily I anticipate a move through the middle of the channel, testing, and the bottom test. This rally end in 2900-3000 area. 3150 is my invalidation point.
SP500 (Y20.P2.E3).Inverted Barr formationHi all,
Looking at the overview of the whole of the SP500, I can see why it was due for a correction.
The following charts try to demonstrate this explanation.
I do see price trying to return to the main channel but it will take some time, as many experts state.
For the immediate term, I see the price action to threaten to pass the lead in trend line.
It was rejected at its first attempt, it has the potential to be rejected again but 3rd time I would suspect it will pass.
Once it passes this line, I do expect it to be retested as support.
If you look at my previous post, it now is invalidated based on this new information.
4 HRLY chart
12 HRLY chart
Daily chart
PREVIOUS POST
Will S&P500 avoid a selling panic amid coming Q1 reports? HELPThe S&P500 is enduring tense economic times with high money injection.
If next week S&P500 crosses 2690 a critical support level with high volume ==> It will be bad that may trigger a market selling panic with volume stop losses executed downward.
However, if the S&P500 continues its uptrend movement and crosses 2872 with strong volume, the next resistance and TP is at 2977.68 and TP2 at 3200.
Happy trading and stick with smart money attitude
Hanging Man weekly candle and strong resistance level SP500I believe the market has reached a very strong resistance level and will be going lower for the next few weeks.
Bearish scenario for US500 / SP500I believe that the US500 will be trending lower in the next few days.
SP500- Small correction done?Yesterday I said that a small correction could be underway for SP500.
The index touched the highlighted sell zone and looks ready to roll back down.
My outlook for the global stock market remains very bearish and the only trade that I will take from now on will be sell
SP500- Small correction underwayYesterday, SP500, has broken the up trend line support.
Now the index is correcting yesterday's drop and goes for a confirmation of the new resistance.
A sell trade around 2800 with an SL above 2900 and a TP at 2600 good be a good trade with a 1:2 R:R
#SPX - One high came finally #spx500usd #S&P500A high with a break of the 2,830 mark came after all.
61.8er return was not reached so far.
Encircled red A = Encircled red B
RSI is turning down.
EWO also decreases.
CRV = 5.5 to 1 for 36 days is very good.
SP500 Turning To Long Term Bear MarketFor the first time since I have memory we'll see 200 months ema becaming a resistance..
Bless
S&P 500 (D1) - Rolling Over, Eyeing March LowSPX looking ready to roll over back to downside as bear market bullish correction is about played out.
Volume profile indicates downside conviction on initial dump down from Feb-March, with increasing volume on the down move, then declining volume on the upward correction currently playing out.
Price action is currently at the top of a rising/ascending wedge, right near the point where one might expect the break of wedge support confirming the sell signal, assuming a daily close below the bottom of rising/ascending wedge pattern's support line. The top of the wedge is further capped by the 61.8% Fibo retracement level from the Feb-March downside move/dump.
Initial target: just above the recent March low - around 2,225 - with additional downside targets around 2,000 and again near 1,850.
Stop above the 61.8% Fibo, around 2,933/55 zone (given market's propensity for volatility at present evidenced by elevated VIX levels, it may be prudent to keep a wide stop closer to the 2,955 area just to be sure).
Initial Reward-Risk Ratio in area of about 2:1.
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Please note: the above is merely a description of personal preference re: this trading setup and in no way constitutes advice of any kind. Info provided is for educational and/or entertainment purposes only and is not intended to be held out or construed as any kind of professional opinion in any way shape or form; rather, merely a non-professional, non-licensed, amateur description of a personal trade for personal purposes. Different people have different risk tolerances and objectives, and as a result, you should not take action on anything disseminated herein. If you wish to risk your own capital in the capital markets, see an appropriate investment professional licensed in your jurisdiction.
Weakness in the SP500The SP500 Index just came out from a bevel pattern. The fall in oil prices, may be the catalyst for the fall in the indexes!
Be careful
SP500 Short term - back to trendlineSP500 broke a trend line and now the retest is running on. In next few days I would expect movement back to default trendline which was set in march. I dont believe we can expect movement ''back to normal values''. Retesting supports would be the best what could happend and all this movement seems to be like a temporary bottom.
I tried to sketch the pattern though the EW - I dont say this is a valid count
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