S and P.. getting rejectedS and P is rejected for the 3rd time at the 100 dma.. and is close to the 20 dma..any break below the 20 dma can resume downtrend
NOTE: this is my personal view and not a trading/investment advice
US500.PRO.OTMS trade ideas
Standard&Poor500Crushing impact of Negative Divergence on MACD on weekly chart. Price of S&P500 has come down to the crucial level of 200 Week SMA for support. Twice previously 200 Week SMA helped this Index to rise up. Will the same happen now? If this level does not provide support, logical next level is around 2085-- 1.618 retracement. Either way, this will influence all the major indices of the world accordingly.
BIG PICTURE for S&P500Hi guys, today we will make clearly what happen with S&P500 0.41% in the next time.
This is really a difficult question for answer but look at this chart and read the explain in below you will see my view about the market right now.
First review about the 1M (1 month) candle, we have big red candle, this is really very bad signal with RSI divergence has occur immediately after big red candle. That mean the market is overbuy and that bring strong selling pressure and psychological fear, this is a sign of a long-term downtrend.
Look at back last 2 crisis dump in the chart in 2000 and late 2007, we have -50% and -57% in each long term downtrend. The cycle usually happen each 10 years for once time. Is this time for broken ?
The answer is maybe yes for sure! The last 2 time we all have RSI divergence and almost it no happen from 2007 until now. That is over 10 years without any long term downtrend just have small correction in big picture of growth.
Fibonacci Time Zone will give you clearly signal for this broken in long term.
DMI 4C give us that bull is weaker and DMI line are going down prepare for next bear market.
RSI also has broken down the uptrend line and clearly divergence.
Look at 4 MA: MA15 ; MA35 ; MA 75 and MA 140, we have very strong bullish from 2007 and boom time far with MA75 and MA140. really need to correction to long - term average price? Yes needed for next heathy cycle.
Now we upper MA15 or 1M chart, the last target is touched MA140 for next 2 years as predict.
Also using Fibonacci from 2009 ( Economic crisis ) we need to correction down to 0.382 ( 2079 index )
Thank all you guys for reading and this is a big picture as my viewpoint.
LIKE and SHARE and COMMENT in below for support me ! LOVE ALL !
SPX Bearish Scenario LikelyThe bullish trend appears to have been exhausted due to the loss of the support / move that brought us to our high on a weekly / monthly timeframe. Now the most likely scenario is a weekly / monthly timeframe bear trend.
Standard&Poor500It is important to look at this chart. Price consolidated for three months and then breaks down the support zone. Price seeking for support at the previous low. So if this level holds, fine-- some retracement may come by, else more downside may be seen.
S&P500This chart carries weight. Price is within a range but centered around 200 DMA. Means, neither bulls nor bears are confident. No easy way out unless and until this range is resolved by either of the parties. Once resolved, it might have strong bearing on other indices of the world.
S&P500 Channel breakdown and now retestingIf this test fails then new levels may open up on the downside and the recent swing low of 2603 may be in threat.
S&P500 rising channel violatedUS Index S&P500 broke below its rising channel and went for a retest in yesterday's pullback.
A weekly close below this channel may signal a correction in Equity markets all around the globe.
SPX500 - Swing Sell SignalSPX500 Has Generated Fresh Swing Sell Signal. Expect Sell-Off of Last Week To Resume and test of Last Weeks Low
S&P 500 Index is trading near very important Fibonacci LevelS&P 500 Index is trading near very important Fibonacci Level.
Which is exact half way of 1.618 and 2.618 Extension level.
We can see some divergence also..Which is very negative sign.
Lets see How US market will reply on FED EVENT
S&P 500Breakout from the Symmetrical triangle target: 3050 levels.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
S&P500 at near term support US markets mat be at a near term support.
Closing below the trend line may trigger a correction but right now it looks ti be safe.
SPX500 Long Setup.Considering the momentum, I will initiate longs above 2900, with an open target and trailing SL starting the trade with 2820.
Will keep updating further actions.
S&P500Multiple breakout-- Trendline breakout and Resistance breakout. This amply describes the mood of the marketmen.
S&P 500 – Prepares for the rise to 3.000 pointsHello,
we will see a tremendous increase to 3,000 points after the correction that has just begun ends in the green tradingbox you can see in the chart above. I think that the big correction since all-time-high is done as a triangle. Since then the bulls are laying the basis for new highs: 1-2 Elliott-wave impulsive setup (these setups are the basic pattern of waves with an impulsive character).
Where we are standing?
Since the end of wave 4 (purple in brackets) the SP500 0.33% built a huge first wave (blue in brackets), which now goes into a wave 2 correction pattern. Most of the time second waves retrace the first ones by over 50%, and that’s why second waves are perfect entry-points. I think that we are going to complete wave 2 in the green box shown in the chart above. For me it’s a perfect chance to place long orders.
Where do we go?
After completion of wave 2 (blue in brackets in between the green tradingbox), we will most likely see an increase with goals beyond 3,000 points. And that's why we should prepare ourselves for this very long way.
But: If I am not right and the S&P 500 0.33% goes down under 2,588 points, then we will see new lows as shown in the chart below (then there will be other opportunities to trade the trend):
Please leave a comment or a message, if you have any questions!
Take care
tgo
S&P, ResistancePrice rose in a rising channel since February 2018 on the support of 200 DMA -- strong uptrend. At present S&P500 is at the channel top and also reached the previous high. Double Top pattern in place. Generally such a pattern indicates to a crucial inflexion point. From here price can move either of the sides. As the trend is up, there can be some consolidation happening.
Why this chart is important for Indian market? This chart has close affinity with all major international markets. This is not a trading call but an effort to understand the general mood of the trading community of the world.
Let me know what is wrong in this study. I am ready to correct my understanding accordingly.
SNP MTF know the broader picturehi guys,
with all the turkey stuff going.. 2800 is the key level in SNP.. i want to share the multiframe view of it. i will upload the image of the same you can see for yourself.
