SPX AND BTC relationshipsearlier i have said that if spx fall btc will also fallls and now spx is recovering so btc is also recovering
SPXM trade ideas
S&P500#SPX
When SPX broke out to new all-time highs at the end of 2021 and the beginning of 2022, it left behind support at 4700 – the area of the old highs.
That level is now being broken & I'm assuming Major top done of 2009-2021 Bull Cycle.
S&P 500 (SPX) | Best point for sell🎯Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In indicators, the ratio of waves to each other is either too low or too high.
In this wave, wave 1 is formed and wave 2 has modified wave 1 relatively little.
Wave 3 then forms its microwave trend in a relatively normal state on a line and is in its last microwave.
Wave 5 The last microwave, wave 3 is not complete and this wave is on Fibo 0.50 compared to its microwaves and is not in a good position compared to the waves of the main wave 3 and it is better to return from the point after completing the waves to Fibo 0.38 Do a quick move.
Also, waves 3 and 4 of wave 5 of wave 3 form a harmonious pattern, and if this pattern is correct and we break the red circle and the downward trend line , we will have a heavy downward trend.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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SPX is forming a Flag patternS&P500 looks extremely bullish. But again volumes are on the average side. If the volume expansion kicks in with the breakout of this flag patter then may witness a huge upmove.
S&P 500 (SPX) | Best point for sell🎯Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the indicators, because the movements of the waves are always upward and its corrections are very short compared to the forward movement that is done, no relation between the waves can be detected.
Therefore, we consider the beginning of new waves after the biggest correction in terms of time.
After the largest correction, we counted an almost normal wave 1 and a not-so-excellent wave 2, and considered the rest of the waves to be related to wave 3, and it was only in this scenario that we were able to make a connection between the waves.
Wave 3 is probably made up of 1, 2, 3, and 4 microwaves, and now we are inside wave 5.
In the previous analysis, we said that if the end of the previous wave is broken, the motion will be different and so on.
From wave 5, this ascent is related to microwave 5, which according to Fibo must end before 4900 and start the correction by breaking the black trend line .
If the price moves more than the specified targets, this count should be doubted.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
SPX FOR 17/12/2021HI, Please look @ the graph. I Find it accurate . I have made quite good money.. Hope You all will make some money with this graph.
Thankyou.
Shorting Spx 500 is rewarding set up as its unable to break the previous high's and in shorter time frame its making downtrend hence can short now and blue line is sl for first target 4600 and second target would be 4550.
please book profit as per you need safe tradet can go short below box candle close.
S&P500 at decisive level S&P 500 1D Chart
Observation 1 - S&P 500 is presently at the lower band of the upward channel formed since April 2020.
Observation 2 – Focused view of the last 2 months shows, S&P 500 is seen taking support at 50% retracement level (Oct 4 Low – Nov 22 High).
Conclusion:
S&P 500 taking support at 50% retracement level on two months chart when it is at the lower band of 19 months old upward channel is indicating
a) Even with small down moves during the week, S&P 500 can still maintain its position within upward channel as the lower band is upward moving.
b) Decisive close below 4480 may accelerate the downfall. SP:SPX
spx negative breakdownnegative breakdown in spx
the bollinger band shown an overbought territory
and spx h=given a breakdown below the 20 period mid band security areas
is a negative sign technically
S&P MONTHLY chart ...S&P too showing massive distribution pattern on monthly log scale.If my analysis is to be true then massive crash is coming . It will wipe out investors money .
US500 SELL SELL SELL!!!!bearish divergence followed by a break and retest of downward structure. entry was at retest and i will be riding this down to the previous structure level at 4482 area.
S&P500 Bullish but overbought region .. S&P500 is in oversold and hasnt corrected much might retest 4608 before its next upward move whidh will lead it to 4821.29/ 4845.42
Trading gaps with a confirmation
I'm trading from last 2 years, started from Indian Stock Market and join the cryptos and forex as well yeah may be you will think that I'm a newbie but trust me price action is the real king.
Today I am sharing one of my favourite strategy the gap with power candle confirmation, so in this tutorial I'm going to tell you How I personally trade gaps the strategy is very simple and easy to understand.
As you can see in the above image the chart is a index chart of S&P 500, there is a gap up opening at 15 October 19:00(UTC+5:30) with creating a gap up in 15 min. timeframe, the gaps are of 3 types and I really don't know the name of the gaps just know how to react on these, now come to the point at 18 October 19:00(UTC+5:30) on 15 min. timeframe the price made a green hammer candle with lows touching the gaps as support and that's the point at the gap if there is a healthy bullish hammer candle then we can initiate a buy trade by placing the stop loss just below the lower levels of the candle and can expect a R:R of 1:1.5 minimum .
Don't follow it blindly be sure to backtest this before execution.
Happy to share this my first Idea.
- NITIN
spx500 trade ideaThe S&P index is at a very interesting area currently so we will be waiting to see how price will react from this level. While it is currently at a very strong supply zone which has been rejected off of a couple of times, I can also spot a very clear inverse head and shoulder pattern which is telling us that price wants to push up past this very strong zone. But we will lay in wait and see what the markets decides to done and trade accordingly.
US markets taking a pause?The price action formation on the SPX seems to be indicating that the market in the US could be taking a pause for now. Price had pulled back from all time highs recently, but now is seeing rejection from the 20EMA. If this trend continues we could see price correcting to the longer term trendline and then the 200EMA on the daily chart. A short position can be initiated keeping the following levels in mind.
SHORT BELOW : 4346
STOP LOSS : 4420
TARGET 1 : 4272
TARGET 2 : 4198
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A similar formation is also evident on DJIA, indicating that this could be a market wide pause, something which could lead to a short term correction.
If this scenario sustains, we could see this bearishness spill over to the Indian markets as well.
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Manage risk properly and trade you plan.
Like and follow for more. :)
US500 BUY BUY BUY!!!Anticipating a buy after the retest of this zone. I will be taking tp at the zone marked but I expect price to push higher to form a new ATH because from the daily, price hit a strong support and resistance level and then bounced off of starting this new uptrend. I will link the daily chart below.
NB: this is not financial advice. please always do your own analysis.
SPX long from confluence demand zoneS&P 500 rallying hard from the demand zone, should be a good 1st week of October for stock markets however warning signs remain, seeing some momentum in the Dollar index and gold prices.
Times up sp500SP500 is getting very near to close below the kumo on a daily time frame. With a bearish kumo twist already in place for day now a close below the cloud will be an ideal sell setup fot the bears.
Nov 1st 2020 was the last time a candle closed below the cloud and the price was at 3400.
S&P 500 Market OutlookS&P 500 has broken a long term trendline which acted as supported and retested before falling further down. This indicates Bearishness in the market, and market may be in for a short term correction before any further uptrend.
DYOR before any making any investment or trading decisions.
S&P 500Below Bearish Level for the month of Sep...
Strategy : Sell on rise with stop loss tab above the green line on closing basis...
Trading levels marked
