Comparing SPX, Nifty and HSI HSI index is up almost 30% in just the last few days. But if you compare it from the Covid lows, it is barely there even now. Nifty and SPX meanwhile have done a few multiples. The PE levels of these Chinese/HSI companies are a fraction of that of SPX and India. Longby xTakoPublished 1
SPX Support & Resistance levels SPX! As of the latest market data, here are the key levels for S&P 500 Index (SPX): Current Level: 4,115.80 Support Levels: Short-term: 4,070-4,090 (approx.) Medium-term: 4,040-4,060 (approx.) Long-term: 4,020-4,040 (approx.) Resistance Levels: Short-term: 4,140-4,160 (approx.) Medium-term: 4,170-4,190 (approx.) Long-term: 4,200-4,220 (approx.) Longby EmpireCrownPublished 4
SPX // Levels // 1 hour "Welcome to SkyTradingZone " Hello Everyone 👋 For the S&P 500 Index (SPX) on the 1-hour timeframe, here are the key levels to watch: Support Levels: Around 4,950 to 5,0001 Resistance Levels: Around 5,100 to 5,150Longby SkyTradingZonePublished 3
Is it realistic to look for target of 6100 for S&P500 by 2024? Target projection for S&P500 with with trendlines based on the structure of long term trend by SASSA39Published 3
SPX // Levels // 4 hour "Welcome to SkyTradingZone " Hello Everyone 👋 Here are the current support and resistance levels for the S&P 500 Index (SPX) on a 4-hour timeframe: **Support Levels** 1. **Previous Low**: 3,940.00 2. **Fibonacci 38.2% Retracement**: 3,950.00 3. **200 SMA (Simple Moving Average)**: 3,965.00 4. **Fibonacci 23.6% Retracement**: 3,980.00 5. **Short-term Support**: 3,995.00 **Resistance Levels** 1. **Fibonacci 61.8% Retracement**: 4,020.00 2. **Previous High**: 4,040.00 3. **Fibonacci 78.6% Retracement**: 4,060.00 4. **Medium-term Resistance**: 4,080.00 5. **Long-term Resistance**: 4,100.00 **Notes** * These levels are subject to change as market conditions evolve. * These levels are based on historical data and may not be a guarantee of future price action. * These levels are not the only levels that can be used; traders can use other indicators, such as moving averages or trend lines, to identify potential support and resistance levels. **Current Market Conditions** * The S&P 500 Index is currently trading in a bullish trend, with a series of higher highs and higher lows. * The index is approaching the short-term resistance level of 3,995.00. * If the index breaks above this level, it could potentially move towards the medium-term resistance level of 4,080.00. **Trading Strategies** * Buy at support: If the index breaks below the short-term support level of 3,995.00, it could be a good opportunity to buy. * Sell at resistance: If the index breaks above the short-term resistance level of 4,020.00, it could be a good opportunity to sell. * Trend following: Follow the trend by buying or selling based on whether the index is moving upwards or downwards. * Mean reversion: Look for opportunities to buy when the index is oversold and sell when it is overbought. Some key levels to watch in the S&P 500 Index: * **Earnings**: The S&P 500 Index has seen strong earnings growth in recent quarters, with many companies beating expectations. * **Valuations**: The S&P 500 Index has seen its valuations rise in recent months, with some metrics reaching all-time highs. * **Interest Rates**: The Federal Reserve has been keeping interest rates low, which has helped to boost stock prices and fuel the rally. Remember to always use stop-losses and position sizing to manage risk when trading.Longby SkyTradingZonePublished 1
SPX // Levels // 4 hour "Welcome to SkyTradingZone " Hello Everyone 👋 Here are the levels for the S&P 500 (SPX) based on a 4-hour chart: Resistance Levels: 4,120 - 4,130 (previous high) 4,140 - 4,150 (psychological level) 4,160 - 4,170 (resistance zone) Support Levels: 4,070 - 4,080 (previous low) 4,050 - 4,060 (psychological level) 4,030 - 4,040 (support zone) Key Levels: 4,100 - a crucial level to watch for trend continuation or reversal 4,080 - a potential reversal zone Notes: The SPX is currently trading around the resistance level of 4,100. A break above this level could lead to further upside momentum. A break below the support level of 4,080 could lead to a reversal in the trend. The levels listed are based on historical data and may not be valid in the future.Longby SkyTradingZonePublished 1
SPX Levels Support & Resistance Support Levels: Historical Lows: Previous significant low points where the price has found buying interest. Psychological Levels: Round numbers or significant milestones often act as support (e.g., 4,000 or 3,500). Moving Averages: Key moving averages, like the 50-day or 200-day, can also act as support levels. Resistance Levels: Historical Highs: Previous significant high points where selling pressure was strong. Psychological Levels: Just as with support, round numbers or major levels (e.g., 4,200 or 4,500) can act as resistance. Trendlines: Lines drawn connecting previous highs can serve as resistance. Support Levels: 5,430 5,410 5,390 Resistance Levels: 5,470 5,490 5,510by EmpireCrownPublished 3
SPX // Levels // 30 min "Welcome to SkyTradingZone " Hello Everyone 👋 As of September 10, 2024, the S&P 500 Index (SPX) opened at 5,442.07 with a 52-week range of 4,103.78–5,669.67. Here's some related information about the S&P 500 Index: Mini-SPX Index: This index is based on 1/10th of the value of the S&P 500 Index. SPX Put/Call Ratio: As of September 7, 2024, the SPX Put/Call Ratio was 1.43, which was the same as the previous year. Largest holdings: Some of the largest holdings in the S&P 500 Index include Apple, Microsoft, NVIDIA, Amazon, Alphabet, Meta Platforms, Berkshire Hathaway, Eli Lilly, and Tesla. by SkyTradingZonePublished 4
S&P 500 Index showing 15% upside possibility in next 4-5 months.S&P 500 Index showing 15% upside possibility in next 4-5 months. Daily CUP & Handle Pattern formation in Progress. Post breakout we can see good upmove to progress. We are going to see new Highs formation in Global markets soon. Happy Investing.Longby JITU_210Published 2
S&P 500 Index Weekly Technical Chart Analysis 09-13 Sept., 24📈 S&P 500 Index Weekly Technical Chart Analysis 📅 Date: 09-13 Sept., 2024 📊 Range Trigger Point: 5393 📉 Weekly Range: 270 🟢 Buy Above: 5553 💼 Average Position: 5521 🎯 Buy Target 1: 5560 🎯 Buy Target 2: 5663 🔵 Stoploss: 5463 🔴 Sell Below: 5489 🎯 Sell Target 1: 5226 🎯 Sell Target 2: 5123 🔵 Stoploss: 5579 ✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ #SP500 #SP500Index #SPX #USIndices #TradingSignals #TradingTips #Indexby NumroTraderPublished 0
S&P 500 Chart Update - SPX is currently trading at 5394 - We saw SPX printing major bearish candles - SPX can go lower and we can easily see it making new lows - CPI and FOMC rate decision on radar to flip this bearish bias - Stock markets have crashed a lot this week expecting a dead cat bounce to trigger further sell offs Shortby VKtradesimbalancePublished 0
SPX forecast An ABC corrective Elliot wave estimate. I think the weekly close would give enough time to make everyone bearish while doing their weekend analysis. They might pull back to B and C will give the final blowShortby dipenpatel24Published 220
SPX -Daily - near Fib -supportSPX -Daily - near support SPX near support at fib -0.38% which is 5396. Closing below 5396 can test 5312(0.50%) by Vem_TA_ChartsPublished 1
S&P 500 DAILY GANN ANGLE CHART 07 SEPTEMBER 2024Daily chart with Gann Angles shown. Swing high squared from 28 May 2024. Gann date was 27 May 2024. Break of Gann Angle was important.5400 seems important with the line in the sand.by kbr9121965Published 0
SP500 : Bearish : Cycles pattern : Watch out!Look carefully at April 2005, October 2007 and Today. A "Sell Off" of 20% took place. History does not usually repeat itself, but in trading the phenomenon of cyclicals exists. It's just AMAZING! What do you think?! In addition, the levels indicated are achievable in the medium term, 2-3 months; In recent days, this is what happened at the macroeconomic level: 1-Jackson Hole Result: No big impact on the markets: Dow Jones or techs. 2-NVIDIA long awaited: Result: The action disappointed and went down Minus 9.86% in total after closing and yesterday minus 6.38%. Cause: Delay in the delivery of new chips, among others... Will NVIDIA always explode the ceilings, while the competition arrives: AMD, GOOGLE, etc... with more efficient chips that do not heat up. Technically the markets are OVERBOUGHT so a return to the 38.2% or 50% of Fibonacci would be perfect for sellers, but also for buyers who would like to buy at a lower price! I remind you that in trading we buy the bottoms and we sell the peaks!Shortby Le-Loup-de-ZurichPublished 3
SPX Levels // 45 MinHello Everyone 👋 Support Levels: First Support: 4,500 Second Support: 4,480 Third Support: 4,460 Resistance Levels: First Resistance: 4,520 Second Resistance: 4,540 Third Resistance: 4,560 These levels are derived from technical analysis and can help identify potential entry and exit points for tradingby SkyTradingZonePublished 6
S&P Analysis 24-Aug-2024: Bull or Bear?S&P Analysis 24-Aug-2024: Bull or Bear? CMP: 5634.45 RESISTANCE: 5678 SUPPORT: 5555 As long as 5555 holds support, we can see 5780-5880 Further 6000-6200 (ultimate target). Below 5555, bearish.by kacrajPublished 1
Breadth is not that bad in fact we have a positive divergenceDiffusion indicators can be funny, and after the recent panic selling, US stocks are seeing a higher low in the number of stocks above 50dma. Now, the reading has bumped back higher to 59% as the market is rallying. So, this looks like a strong sign of stability. Nothing broke down despite the volatility.Longby indiachartsPublished 9
spx structural short shared yesterday in daily TFthis is a structure retest on spx break of structure short. this is a swing and yesterday same chart posted on M15 by mistake. same trade.Shortby shivangbhargavPublished 2
spx structure retest shortthis is short on the retest of break of structure on H4. with all economic and political pressures. this is a swing short curate entries accordingly.Shortby shivangbhargavPublished 0
S&P 500 INDEX GANN ANALYSIS DAILY CHART 13 AUGUST 2024S&P 500 saw an exact "Hit and Run" case on recent swing low. The recovery thereafter is another important level of 5366.32 seen on charts. we need to watch this level for further growth. Supports at 5253.16 and thereafter at 5159.64. Happy Trading !!! N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders. by kbr9121965Published 6
S&P 500 Index Monthly Gann Analysis 06 August 2024S&P 500 hits an high at birthzone and retraces back. Target was around 5560. Earlier it had hit an high at death zone level of 4808 back in Jan 2022. Then it had retraced to the level of 3682 which was the centre of gravity in Oct 2022. This rise was 9 months with where it corrected three minor sections of the price cycle. We saw the top to top movement between the death and birth zone. The level of 5184 is a very important price cycle level. If held as supports then we may see recovery on the index. Drop below this level we may correct further to supports of 4808. So we need to watch it around current price cycle levels. Happy Trading !!! N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.by kbr9121965Published 3
S&P 500 Preparing for a Robust RallyOn Weekly Basis: S&P 500 (SPY) completed its correction from 4800 to 3490 in its 5 Wave Down. Fibonacci 50% retracement from bottom 2300 to top 4800 ends at 3540, a support level in October, 2022. It took a support at 4115 which is a long-term horizontal support with multiple pivots on weekly charts. It looks like a fresh new Wave has just started from 4115 completing A Wave at 4771 and correcting B Wave at 4697. A powerful C Wave is currently intact and shall continue. D and E waves are not yet formed to predict a correction. There is a golden cross over at 200 DMA (January, 2023) and since then it has maintained an uptrend. It has come out of oversold position (June, 2022) to overbought position (currently) but may behave zig zag before meaningful correction may start. Now it has broken the strong resistance level at 4771 also a previous all-time high on weekly basis. Target of 5472 cannot be ruled out before a meaningful correction starts. There is still a chance for long position with 8% appreciation. AI, Semiconductors, Oil and Cryptos are the leaders in the pack. Warning and Disclaimer: Above prediction should not be taken as financial advise, it is a personal opinion. Consult your financial advisor. Investment is subject to market risks. Past performance is not the guarantee for future performance. It is for educational purpose only.Longby AnkurSharda3Updated 8