USA500 trade ideas
SPX This is especially for CNMZ ( a member here who asked me to explain the Last post I posted), and is just a sort of TUTORIAL and Nothing More.
1. The ORANGE LINE represents 1 whole Leg, called the Larger wave.
2. The BLACK LINE represents the sub division into 12345 waves, within the LARGER WAVE.
3. The wave is therefore Complete in Nature
S&P 500 Minor RetacementLooking like it is in formation of ''B' of 'b'. Our earlier target at down side has been achieved well and now we will look for small retracement.
S&P 500 Near Completion S&P is near completion of current down move and one should look for Longs after any reversal signals or may go with Debit Spread.
Perfect bounce - s&p 500Earlier chart posted
Refer to that chart
How beautifully support is acting now after achieving our target
disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
SPX last leg of correction started Confirmation sustaining below 4050.
Stop loss 4200 (Sustain).
Target 3887 (Minimum)
Target 364X-340X (Ideal)
Lot of headwinds. SPX #Short The analysis is there in the chart and it is self explanatory!
There is a specific indicator that is giving a high probability of DOWN movement.
Disclaimer: Consult your financial adviser before investing.
Note: I am not a financial adviser.
Conclusion: You are responsible for your own trades!
🥂 Cheers! 🥂
S & P 500Enclosed is the chart of the S&P 500 for your understanding. Trading View does not provide a Candle Stick chart as per the US indice policies. The chart is self explainatory as to where we are headed and the BOTTOM formation as per Me
SPX stock markets USATrend is down below 4027 This is daily chart any strength comes above 4027 If you want to learn and trade my system pl dm me
S&P 500 in E Impulsive Wave (Capitulation)On Weekly Basis:
SPX completed D Impulsive wave at 4325 which was also 200 DMA. It is under E Impulsive wave, in other words capitulation of stocks irrespective of any sector. It has broken 50 DMA at 4009 and support of 3998 (an important pivot), confirming the next 5 waves to come within E impulsive wave. This down trend should continue till November to December 2022 with one black swan event to form the final bottom. Currently SPX is not closed. 3272 is a strong support for SPX and any further level below this can be confirmed as the days progress by studying the Wave theory. 2300 level may not be ruled out depending upon the black swan event.
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.
SPXDay support is lost Trend is down resisted exactly at 4062 Now any upside is above 4062 Lets see whether bulls recapture this #spx #spx500
SPX Triangle breakout possible.SPX looks like an impulse up unfolding from this swing low.
Buy on triangle breakout or preferably after a retest dip..
SL 3721, Target ATH
SPXS&P500 almost came closer to falling trend line resistance & 50 WMA but did not breached it so far. Good support seen at 4160_4233. If sustain above this may re-test 50 WMA again. Or else will fall towards yellow trendline levels 3900_3935
S&P 500 "Elliot Wave Analysis"S&P 500 "Elliot Wave Analysis"
Elliot Wave : 5 Wave Pattern
✅Wave 1,3 and 5 Effect direction of market
✅Wave 2 and 5 are counter move to Wave 1,3 and 5
✅Wave 2 never strike below Wave 1
✅Wave 3 is never the shortest
✅Wave 4 never enter Wave 1
Elliot Wave : Wave Structure
✅Wave structure takes place in two distinctive phases
✅The first phase is the Five Wave Structure know as Motive Waves
✅The second phase is the Three Wave Structure know as Corrective Wave
✅Motive and Corrective Wave together form the completed wave cycle of Eight Waves
Motive Wave : The below chart of S&P 500 has completed the 5 Wave structure
Corrective Wave : The below chart of S&P 500 has been started to form 3 Wave structure
Based on the wave analysis, we expect the S&P price to fall to $4105.
Happy Trading $$$$
S&P 500 "Elliot Wave Analysis"S&P 500 "Elliot Wave Analysis"
Elliot Wave : 5 Wave Pattern
Wave 1,3 and 5 Effect direction of market
Wave 2 and 5 are counter move to Wave 1,3 and 5
Wave 2 never strike below Wave 1
Wave 3 is never the shortest
Wave 4 never enter Wave 1
Elliot Wave : Wave Structure
Wave structure takes place in two distinctive phases
The first phase is the Five Wave Structure know as Motive Waves
The second phase is the Three Wave Structure know as Corrective Wave
Motive and Corrective Wave together form the completed wave cycle of Eight Waves
Motive Wave : The below chart of S&P 500 has completed the 5 Wave structure
Corrective Wave : The below chart of S&P 500 has been started to form 3 Wave structure
Based on the wave analysis, we expect the S&P price to fall to $4105.
Happy Trading $$$$
Target achieved s&p 500A whopping 10% gain with simple technical analysis
Will enter into another trade after a consolidation booked 90%
Will ride the the trend with 10% left
disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
SPX* 50 WMA & Falling trend line will act as strong resistance
* 2 consecutive close above 50 WMA will fuel upmove further
* Failing to do so will invite fresh selling
S&P500 Index analysis with vixplosion, and vixcrush. What is ViXplosion & ViXcrush?
ViXplosion is a phase during which the VIX rises and ViXcrush is a phase during which VIX cools off.
The last ViXplosion was triggered on 06-04-2022 and the latest ViXcrush was triggered on 16-06-2022.
ABC Corrective Phase or D Impulsive Wave Completed ?On Daily Basis:
SPX (S&P 500) is currently facing a strong resistance at 4170 and also the retracement of the fall which could be D Impulsive wave. 200 DMA is at 4338, another resistance. Level of 4145 is 50% retracement of C Impulsive wave down and currently it has closed on week at 4145. RSI made a double bottom on weekly basis and turned its trend upwards. SPX is at neutral zone right and there could be a decisive move either side which could be massive. All the major world indices and precious metals have corrected in a similar fashion, and waiting for a decisive move. SPX breached 50 DMA and any sustainable move above 4170 could indicate a trend reversal, we may witness a bubble rally. It is at a crux point and difficult to determine a trend. Any major decisive move upward may prove that ABC correction wave of entire Bull run from COVID low in March 2020 has been completed. Secondly, SPX should fall immediately which should be fast and swift, then we can say that D impulsive wave is over with E impulsive wave in progress for capitulation. Right now view stands neutral.
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.
