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SPX (S&P 500 Index)

S&P500: Next bullish wave is underway.S&P500 just turned bullish on its 1D technical outlook (RSI = 57.557, MACD = 35.840, ADX = 41.016) as the price made a rebound last Wednesday on the 4H MA100, right at the bottom of 6 week Channel Up. The 4H MA100 is the level where the last HL was also priced (October 2nd). Morever the 4H RSI hit and rebounded on the S1 Zone. Regarding the bullish waves, both previous ones have recorded at least a +3.50% rise. This is our expectation once more and we are aiming for slightly under it (TP = 5,950). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US500Long
by InvestingScope
Brief drop due to Electrions chaos, then back up a month afterI was checking last elections on 2012, 2016 and 2020. Seems that there is a brief drop before elections each time (5% to 10%) in the overall S&P500 (SPX). This year, seems that drop is not meaningful yet. Regarthless, I think going defensive this week to be heavy in cash. Then buy back into the market if price hits 5400 previous to Dec. It it do, I'll buy back 25% of SPX and wait if the trend still going in the direction to hit ~5000. If it do, might be back fully invested into the market to hope for a bounce back up signal. We can protect ourselves of a 10% loss if I get this one right OR we can miss 5% on profits if the trend keeps going up in Nov and Dec. Messy chart but I put my resistances and trends in here. Any thoughts?
SP:SPXShort
by lealvillarreal
S&P sellers kick in, but the market remains strongLast week was marked by some selling activity. As anticipated, sellers took advantage of temporary bullish exhaustion and attempted to push the market down. A strong sell-off occurred on Wednesday, with the market losing 1.2%. However, this sharp decline did not see much follow-through, as the price found strong support at the top of the previous consolidation zone ( 574.7 ). On Friday, buyers even attempted to set a new daily high, but they were unable to maintain it through the close. All of this leads me to believe that the sellers are not particularly strong, and we remain in a broadly bullish environment. A few key points supporting this bullish outlook include: 1. The weekly uptrend is still intact, and there is ample room for this weekly higher low. 2. There is relative strength in "risk-on" sectors (XLK, XLY), suggesting that bullish sentiment hasn't completely faded. While we might see some short-term rotation within the 584.5–574.4 range, defined by two daily candle wicks (Wednesday and Friday), the long-term outlook remains decidedly bullish. This week, important economic data will be released, along with earnings reports from major tech companies. This is likely to cause increased volatility, but unless there are major negative surprises, bullish sentiment should remain solid.
AMEX:SPYLong
by hermes_trisme
Combined US Equities Lousy Breakout means BreakdownThe combined US equities chart failed to push significantly and is consolidating. when it does this, it looks like it is rolling over to fall off a cliff. IF we look carefully, besides the weakening technical indicators, there is also weakening price action, with the second or third lower high in the hourly time frame. That said, the decision box needs to be broken out of, and then the critical support (red line). Once these give way, it would be too obvious and there should be a sizeable retracement to the previous support, now being the downside target.
CME_MINI:ES1!Short
by Auguraltrader
SPX500 H4 | Falling to 38.2% Fibonacci supportSPX500 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 5,807.01 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 5,760.00 which is a level that lies underneath an overlap support and the 23.6% and 61.8% Fibonacci retracement levels. Take profit is at 5,881.22 which is a swing-high resistance close to the all-time high. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:SPX500Long
by FXCM
#202443 - priceactiontds - weekly update - sp500 e-mini futuresGood Evening and I hope you are well. tl;dr sp500 : Multiple ways to draw triangles and bull wedges on the daily chart. It has room to go more sideways but Friday’s reversal was so strong an market closed at the lows, that I think many bulls have enough reason to be disappointed and will exit once we break below 5800 and then we will likely see 5750 next. Above 5905 I am wrong and this will likely be the leg to 6000. Quote from last week: comment: Monday made the 50 points higher and that’s all bulls achieve last week. We had two pause bars on the daily chart with Tuesday and Thursday but that was not enough to put doubt in bulls minds that this rally is over. 6000 is the target and, same as dax, we will likely hit it one way or the other. comment: Another disappointing week for the bulls. Big question now is the same as for dax and nq, was this the last before a deeper pullback or can we print 6000 before 5700? I don’t know and I am not going to pretend I do. Market is in breakout mode and the triangle has a bit more room to go. We simply need more price action because right now the market is in balance around 5870. current market cycle: nested bull wedges and a minor triangle from past 2 weeks key levels: 5800 - 6000 bull case: 6000 is the target. Bulls now tried many times to break above 5930 but continue to fail. Same reasoning as for dax. Can the market find more buyers above 5900 next time we get there or do we have to pull back down to 5730 first? Until we see a daily close below 5800, bulls are still favored, since we are only closing above the daily 20ema. Invalidation is below 5800. bear case: Bears are printing weak bear bars and can not close below the daily ema. Pure guesswork as of now, which side will give up first. We will very likely get a bigger move next week, so don’t blow your account until then. If bears move strongly below 5800, 5730 is next and there it’s big decision time if we see 6000 or not. Invalidation is above 6050. outlook last week: short term: Neutral between 5870 - 5930 and bullish above 5930 for 6000. → Last Sunday we traded 5906 and now we are at 5846. Most of the week was neutral, and we closed just 60 points lower than last week. short term: Neutral. Bearish below 5820 for 5800, below 5800 we likely see 5730. Bullish above 5860 for 5880+ and above 5930 we will see 6000. medium-long term - Update from 2024-10-13: Very rough guess for the remaining trading weeks in 2024. Spike up, decent correction (~10%), nasty (blow off top) year end rally if earnings hold in Q4. Don’t trade based on that guess. current swing trade: None chart update: Removed wave count
CME_MINI:MES1!
by priceactiontds
$spx going to 11k over the next 3 to 4 yearsIm expecting the current bull to continue for another few years, with a deep correction in between now and the expected target of 11 k, by 2028/29... From there I expect SP:SPX to enter a sideways bear market such as the ones of 68/75 and 2000/2009 in order to form the 4th base of the secular run since 1929 (shown the comments). Bears always get it wrong, because of their self-delusions about the world and often also themselves! It's bulls who - due to their prescience and foresight - actually get to foresee tops in the market. Bears never catch a top, if they do it's either by coincidence, luck or something a four year old could have seen, like the covid top... anyway... we see so much madness in the ideas section, it's even fun!
SP:SPX
by LotusTrading20
SPX 500 I Two areas of potential long opportunity Welcome back! Let me know your thoughts in the comments! ** SPX500 Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
SP:SPXLong
by BKTradingAcademy
2
S&P500 Buy this pull back.S&P500 / US500 got rejected today on the Falling Resistance of the previous High. This is the very same pattern we had between Sep 26th - Oct 6th. After the pull back was completed near the previous Low, the price rebounded above the Falling Resistance to a +2.17% rise. Even the first rebound on the Rising Support, rose by +2.19%. Buy the current pull back and target 5900 (+2.17%). Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US500Long
by TheCryptagon
2
Full Trading Plan For ES/SPX Oct 25thPlan for Friday: Supports: • Major: 5842, 5825, 5805-07, 5787, 5763, 5756, 5746, 5725-29, 5711, 5690 • Minor: 5853, 5848, 5838, 5818, 5814, 5798, 5783, 5774, 5768, 5751, 5740, 5733, 5715, 5702, 5695 Overview: Today was a straightforward backtest of 5864 followed by a dip, then a return to that level, marking a typical rangebound day. We are now in a new consolidation range between 5865-68 and 5825. Trading within this range could be tricky and highly technical, so predicting is a losing strategy. For tomorrow, I’ll trade light, expecting continued chop unless the 5865-68 resistance clears. Key Zones for Tomorrow: • 5842 is the first support down but is now less reliable due to today’s battleground. If ES dips to 5838 and reclaims it, I may consider going long, but only if no new highs above today’s peak are made first. • Below 5838, expect a fast flush to 5825 (major support). I’d consider a long here if there’s a failed breakdown of today’s low (~5822), meaning a recovery above 5825 after a brief flush. If 5825 fails, it could indicate that bears still have control, and longs become riskier. The next key long interest is 5805-07 or failed breakdowns of yesterday’s low. • Deeper support for long interest would be 5756 if we see a larger flush. Resistances: • Major: 5865-68, 5882, 5890-92, 5910, 5919, 5945-47, 5971 • Minor: 5861, 5878, 5886, 5899, 5902, 5907, 5914, 5927, 5933, 5940, 5958, 5966 We haven’t cleared the significant 5865-68 resistance yet. Even if we pop up there tomorrow, another dip is likely before any breakout. If we do break through, we could see a squeeze up to 5882, potentially followed by a dip before pushing higher to 5892. If the breakout continues, we may see a push toward new ATHs in the next leg up. For those interested in shorting, 5882 is a potential level. However, I won’t be shorting above 5865-68. Buyers Case Tomorrow: Buyers case would see ES continue to consolidate between 5825 and 5865 before breaking to the upside. The scenario would likely involve a pop to 5865-68, followed by one more dip (could be significant or small), and then a breakout targeting 5882 and 5892. Afterward, a dip may happen before pushing higher toward ATHs. • I’ll keep an eye on 5842 for long opportunities on dips and potential recoveries at 5848. Sellers Case Tomorrow: Sellers need to break 5825 to regain control. If 5825 fails, it could indicate that the recent dip was not a one-off. However, breakdown trades are risky as 80% of breakdowns typically trap traders. These setups require a high skill level and may fail multiple times before paying off significantly. • I won’t chase shorts after a 30-point sell-off. I’d prefer to see 5825 tested, or a failed breakdown of today’s low before shorting under the bounce structure (possibly around 5818 or higher). Summary for Tomorrow: • Expect consolidation between 5825 and 5865-68 with potential ping pong price action. • Leaning toward a pop to 5865-68, then possibly a dip before breaking out higher to 5882+. • If 5825 fails, we could see further selling. Trade cautiously in this consolidation range, as the price can take complex, unpredictable paths.
CME_MINI:ES1!
by ESMorg
SPX to turnaround?US500 - 24h expiry Broken out of the wedge to the downside. The formation has a measured move target of 5773. An overnight positive theme in Equities has led to a higher open this morning. Expect trading to remain mixed and volatile. The sequence for trading is lower lows and highs. We look to Sell at 5847 (stop at 5865) Our profit targets will be 5802 and 5792 Resistance: 5845 / 5847 / 5857 Support: 5815 / 5800 / 5785 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:SPX500USDShort
by OANDA
S&P500 This pull back is an excellent buy opportunity.S&P500 is pulling back intraday but remains over the MA50 (1d). The bullish trend is intact and is being guided by this long term Channel Up since the 2022 bottom. The price is right nowjust over the 0.382 Fib Channel level, which isn't overbought by any means. Trading Plan: 1. Buy on the current market price. Targets: 1. 6000 (the 0.618 Fib level). Tips: 1. The RSI (1d) is about to touch its Rising Support, a pattern very similar to the March - June 2023 Rising Support. The two fractals look identical even on price terms. This also indicates a continuation of the bullish trend. Please like, follow and comment!!
CAPITALCOM:US500Long
by TradingBrokersView
4
DreamAnalysis | SPX500 at a Crossroads Key Trading Strategies✨ Today’s Focus: SPX500 (US500) – A Key Market Driver We dive into recent price movements and analyze critical market levels to identify potential trends. 📊 Current Market Overview: The price is currently consolidating within the Previous Weekly Range, showing little movement for now. However, it's important to note that the Previous Month's High (PMH) has already been taken, and the market needs to accumulate more liquidity before making a decisive move—hence the consolidation. 🔴 What to Expect: Short-Term vs. Long-Term Scenarios We'll explore both short-term and long-term outlooks, offering insights into bullish and bearish possibilities for day traders. 🗣 Short-Term Outlook: In the short term, we may see a retracement into the Fair Value Zone or the Equilibrium (50% of the range). However, without significant information from higher timeframes, it's best to wait for lower timeframe confirmations before entering a trade. 🗣 Long-Term Outlook: From a long-term perspective, the price may dip lower to absorb sell-side liquidity before continuing its upward trend. 🕓 Key Levels to Watch: Keep an eye on these levels, which could impact price action: - PMH: Previous Month High - PML: Previous Month Low - PWH: Previous Week High - PWL: Previous Week Low - BSL: Buy-Side Liquidity - SSL: Sell-Side Liquidity - Daily FVG: Fair Value Gap (Imbalance Zone) These levels highlight potential liquidity absorption points and areas where price might rebalance. Fair Value Gaps (FVGs) are key zones for potential retracement before the market resumes its trend. 🔔 1Hour Outlook: 📈 Bullish Scenario: For a bullish setup, we need the Previous Week Low (PWL) to be taken out, or we can use the lower timeframes to identify Sell-Side Liquidity (SSL) levels. Once price sweeps these liquidity levels, we can look for an entry model to target the Buy-Side Liquidity, such as the Previous Week High (PWH). 📉 Bearish Scenario: On the bearish side, lower timeframes are already offering potential entry models. With the monthly high (PMH) taken and a Smart Money Technique (SMT) divergence with the NASDAQ (US100), there’s a strong confluence for bearish continuation. 📝 Conclusion: Stay flexible as market conditions shift. Monitor these key levels and setups closely to fine-tune your strategy and seize high-probability trading opportunities. 🔮 Looking Ahead: Keep following as we track developments in NASDAQ, DXY, EUR/USD, and other major markets. Timely insights will be provided as trends unfold. ⚠️ Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always perform your own research and consult a licensed financial advisor before making any investment decisions.
CAPITALCOM:US500
by DreamAnalysis
S&P500 Has it topped?The S&P500 index (SPX) is ahead of critical crossroads for the short-term as the Bullish Megaphone pattern that is in effect since April 01, is showing strong signs of topping. Even though the price isn't on the top (Higher Highs trend-line) of the Megaphone, the 1D MACD formed a Bearish Cross today and practically is repeating the sequence of the index' previous Leg from April 19 to July 17, which ended also on a MACD Bearish Cross. As you can see besides the Bearish Cross, even the price action between the two fractals has gone through very similar phases. The current Bullish Leg is in the form of a Rising Wedge. Despite the Bearish Cross, the trend remains bullish within this pattern until the Wedge's bottom breaks. As a result, it is more likely to see at least 6000 next. If however the price breaks below the 1D MA50 (blue trend-line), we will have a confirmed sell signal at hand, based on which we will short and target 5600. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US500
by TradingShot