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Snp500analysis

ES1! SPX500USD 2021 Oct 11 WeekES1! ES1! SPX500USD 2021 Oct 11 Week Weekly: High volume up bar closing off high, and within range of previous week's bar. Daily: High volume up bar closing off high = weakness. H4: Supply present at 4380 - 4412. May return to test UHV bar A. Entries will be based on price reaction to the levels Short = Test and Reject | Long = Test and Accept 4268 4333 4381 4412 4468 4524 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
SPX500USD ES1! SnP500 2021 Oct 04 WeekES1! SPX500USD ES1! SnP500 2021 Oct 04 Week Market exited the uptrend channel last week with conviction. On daily chart, two lower lows and 1 lower high now gives us a down channel = change in trend. Weekly: High volume ultra wide spread down bar close below halfway of bar = weakness Daily: Up bar closing off high = weakness Daily: Broke previous high but closed in middle of bar, supply was present = weakness. H4: Market returned to test a previous rotation and also UHV bar A and closed off high - weakness. Pink down channel also drawn in H4. Entry will be based on price reaction at these levels. Long (Test and Accept) | Short (Test and Reject) 4550 4530 4472 4455 - 4441 4415 4389 4367 4345 4260 Like and follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:ES1!
by paradox677
SPX500USD ES1! SnP500 2021 Sep 20 WeekES1! SPX500USD ES1! SnP500 2021 Sep 20 Week Last week, nice trade opportunities from the price reaction to the levels, tested 4415. Weekly/Daily: High volume wide spread bar close off the low = temporary demand. Daily: Broke previous high but closed in middle of bar, supply was present = weakness. H4: Climatic down bars closed off the week, pushing through the demand line of up channel = bearish absorption. Preference is to short on retest of levels above. Entry will be based on price reaction at these levels. Long (Test and Accept) | Short (Test and Reject) 4550 4530 4512 4463 4445 4415 4378 4346 Like and follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:ES1!
by paradox677
SPX500USD ES1! SnP500 2021 Aug 16 WeekES1! SPX500USD ES1! SnP500 2021 Aug 16 Week Weekly: Narrowing spread, tiny spread up, Effort No Result = Weakness Daily: Ascend on declining volume, tiny spread Effort No Result = Weakness H4: Market ended week in a 10pt rotation. Narrowing spread and effort no result = Weakness Strategy for Short (Test and Reject): - 4463 - 4456 Strategy for Long (Test and support): - 4412 - 4433 - 4443 - 4463 bullish absorption Like and follow if you find this useful. Have a profitable trading week ahead.
CME_MINI:ES1!
by paradox677
SPX500USD 2021 July 26 Week OANDA:SPX500USD SPX500USD 2021 July 26 Week Long from lower green zone was fruitful. Weekly: Engulfing wide spread up bar, closing at its high. No sign of weakness yet Daily: Wide spread up bar close of its low, decreasing volume on move up = SOW H4: Widespread up bar + Upthrust + decreasing volume on move up = SOW Strategy: 1) Short on ND / Upthrust / Mushroom over 2) Long if there's climatic down bar + strength Like and follow if you find this useful :) Have a successful week ahead in whatever you do
OANDA:SPX500USD
by paradox677
1
SPX - There will soon be a denouement ❗Let's take a look at the S&P 500 chart. It is an index that accurately shows the financial health of the global economy. Think back to the autumn of 2020, in just 30 days the market fell 30% and then recovered just as quickly, hitting new highs within a few months, enough time has passed since then. Was it a crisis, as many are calling it, or is it still ahead? That's a difficult question to answer, but let's try to check the index from the technical analysis side! The S&P has been trading along its trend line for over a year now, and I would like to clearly show you that the market is running out of strength to continue rising. Each wave is getting smaller and smaller, price has already tested the trend line 5 times. How many more tests can it take? If the S&P breaks the trend line, it might be a good opportunity for selling, it is safer to wait for another test of the trend line as resistance. Nearby liquidity zones that are likely to stop the price are marked below! Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
FOREXCOM:SPX500
by Yuriy_Bishko
12
SPX500USD 2021 JULY 05 WEEK OANDA:SPX500USD SPX500USD 2021 JULY 05 WEEK New high achieved. Last bar closing on the low. We will wait for Monday to see if this is mark down for buying or SOW. Weekly chart : Weakness - shortening of thrust, diminishing volume as price advances Daily chart : No significant weakness observed. H4 chart: Last bar is an Upthrust. Wait for Monday to show us if this is mark down for buying or if this is weakness. Strategy: 1) If Upthrust for further buying: price goes below UT bar, wait for reversal price action or intermediate support to buy 2) If Upthrust is sign of weakness: Wait for price to come down, return to test the high and price rejection to short. Like and follow if you find this useful : ) Have a successful week ahead in whatever you do.
OANDA:SPX500USD
by paradox677
SPX500USD 2021 June 14 (Intraday) TVC:SPX SPX500USD 2021 June 14 (Intraday) Weekly, Daily, H4 = Bullish Price has approached a previous high, will history repeat? Not much market participation at higher prices, however will wait for sign of weakness to appear before taking short position. Scenario 1) Short if price is rejected since it as at a resistance zone. 2) A convincing break takes volume, else keep stops tight if long 3) if range is narrow and volume is low, stay out of market. Have a good trading week ahead!
OANDA:SPX500USD
by paradox677
SPX500USD 2021 May 31 Week (Intraday) OANDA:SPX500USD SPX500USD 2021 May 31 Week (Intraday) Weekly, Daily, H4 = Bullish Last week 4148 immediate support held and then price found acceptance at 4178-4190 (last week's scenario 2). Long was good. Scenario: 1) Market to test 4183-4190. Long if supported 2) Daily chart we see an uthrust bar has formed, this is weakness, so don't be surprised if support is broken, target could be 4148. Like and Follow if you find this useful : ) Have a good trading week ahead!
OANDA:SPX500USD
by paradox677
SPX500USD 2021 May 23 Week (Intraday) SPX500USD 2021 May 23 Week (Intraday) Weekly, Daily, H4 = Bullish Last week a re-test of high H presented a good short into previous demand bar 1. Market then again found its way to test H again. Scenario: 1) Immediate support 4148 if broken, targets may be 4133, 4108, 4084 2) If there's price acceptance at 4178-4190 region accompanied by healthy volumes on up bar, we may have a resistance turned support long opportunity. Like and Follow if you find this useful : ) Have a good trading week ahead!
OANDA:SPX500USD
by paradox677
SPX500USD 2021 May 10 Week (Intraday)OANDA:SPX500USD SPX500USD 2021 May 10 Week (Intraday) Weekly, Daily, H4 = Bullish Week of 03 May Scenario 1 materialized, green zone was tested. So short and long was fruitful. Bar A Ultra High Volume - possible outcomes from this 1) if this is an absorption of supply to break through the previous resistance of 4220 & 4220 can hold, will keep to long 2) If this is an upthrust price and 4240 - 4220 has become resistance, we can expect a good short opportunity. Like and Follow if you find this useful : ) Have a good trading week ahead!
OANDA:SPX500USD
by paradox677
US Market Technicals Ahead (19 Apr – 23 Apr 2021)Investors will look for further confirmation of the private sector’s recovery from the pandemic as the earnings season gathers pace, with dozens of companies from a wide range of industries will report quarterly results this week. So far with one week in, companies are beating earnings estimates by a wide margin of more than 84%, according to Refinitiv. Meanwhile, U.S. economic data will remain in focus as investors watch for further signals on the strength of the economy, with the latest reports on home sales and manufacturing activity topping the agenda. Elsewhere, in Europe, markets are keeping an eye on the European Central Bank’s monetary policy meeting for further guidance on interest rates and stimulus. Here is what you need to know to start your week. S&P500 (US Market) The benchmark index ($SPX) increased 1.41% (+58.3 points) to another record close, extending its weekly rally into its 4th consecutive session. The newly established all time high is now at 4,191 level for $SPX. US 10-year rates extended 5-week lows of 1.566%, despite strong inflation and employment data last week. In addition, housing starts rose to the highest level since 2006 last week, pointing to a strong rebound in both consumer spending and the jobs market. The previously highlighted Bearish Divergence of $SPX remains valid, as sessional volume remains below its 50 days average range for the past week without any committed buying pressure reflected in this rally. A price retracement upon a eutrophic rally beyond the structure of a technical trend channel is always imminent on such scenario. However, the hypothesis of a short term correction for $SPX would remain healthy and strong for the bullish sentiment of the index. The immediate support to watch for $SPX is now at 4,060 level, a break of the two weeks low. Earnings Step Up into High Gear There are about 80 S&P 500 companies reporting earnings in the week ahead, including 10 Dow stocks, in what will be the first big week of the first quarter earnings season. In addition, this week’s earnings calendar also includes high-profile names like Coca-Cola ($KO), Johnson & Johnson) ($NJ), Procter & Gamble ($PG), Intel ($INTC), and IBM ($IBM), Snap ($SNAP), AT&T ($T), Verizon ($VZ), Lockheed Martin ($LMT), Halliburton ($HAL), Honeywell ($HON), and American Express ($AXP) Most of the focus will be on Netflix ($NFLX), which is due to report its latest financial results after the closing bell on Tuesday. The streaming giant is forecast to report adjusted earnings per share (EPS) of $2.97 on revenue of $7.14 billion, according to estimates. NFLX shares hit a record high on Jan. 20, right after Q4 results, but has since slipped back. Options markets are pricing in a post-earnings move of 7% in the stock. Earnings from battered airlines American Airlines ($AAL), United Airlines ($UAL), and Southwest Airlines ($:LUV) are also on the docket. Flash U.S. PMIs IHS Markit’s composite flash U.S. Purchasing Managers’ Index (PMI) for April is due on Friday, amid expectations for an increase to 59.9 from a reading of 59.7 in March The index, which measures the combined output of both the manufacturing and service sectors, is seen as a good guide to overall economic health. In addition, this week’s rather light economic calendar also features the latest data on initial jobless claims, which fell to a new pre-pandemic low last week. European Central Bank Policy Meeting The European Central Bank is all but certain to keep interest rates at their current record low levels at the conclusion of its monetary policy meeting on Thursday. President Christine Lagarde will hold a closely watched press conference 45 minutes after the rate announcement as investors seek further clues on central bank’s future pace of bond purchases. The ECB has boosted its bond buying program to prevent a rise in borrowing costs from derailing the region’s economy, however recent signs of a swift recovery could raise questions over when it will start to withdraw support.
ULong
by jfsrev
US Market Technicals Ahead (12 Apr – 16 Apr 2021)Price volatility is expected to pick up this week. First-quarter earnings season gets underway with updates expected from major banks such as JPMorgan Chase ($JPM), Citigroup ($C) and Wells Fargo ($WFC). While results are expected to be fairly strong, most will be watching to see what companies say about the outlook for the current quarter and the rest of the year, given expectations for faster economic growth. On the economic data front, U.S. consumer price inflation (Tuesday) and retail sales (Thursday) will be the biggest data points of the week. Global financial markets will also pay close attention to comments from a Fed Chair Jerome Powell at the Economic Club of Washington on Wednesday, for additional insight into the outlook for monetary policy in the months ahead. Elsewhere, in Asia, China will become the first major economy to report first-quarter growth data when it publishes highly anticipated GDP numbers. Here is what you need to know to start your week. S&P500 (US Market) The benchmark index ($SPX) furthered its ascend with a gain of +2.12% (+85.5 points) for the week, establishing an all time high closing of 4,122 level. This was aligned with our weekly market analysis highlighted last week. It is important to note that the past week of daily incremental price action on $SPX has reflected a clear Bearish Divergence with its transactional volume. A price retracement upon a eutrophic rally beyond the structure of a technical trend channel is always imminent on such scenario. However, the hypothesis of a short term correction for $SPX would remain healthy and strong for the bullish sentiment of the index. With price volatility expected to pick up this week due to the series of major economic events, the immediate support to watch for $SPX is at 4,030 level, a trendline resistance turned support level. U.S. 1Q Earnings Season Kicks Off The first quarter earnings season on Wall Street will kick off in the coming week, with banking giants JPMorgan Chase ($JPM), Goldman Sachs ($GS), and Wells Fargo ($WFC) all set to release their latest quarterly results on Wednesday. Earnings from Bank of America ($BAC), Citigroup ($C), and Blackrock ($BLK) are then due on Thursday, followed by Morgan Stanley ($MS) on Friday. Overall, Q1 earnings are expected to have jumped nearly 25% year-over-year, according to Refinitiv. That would be the biggest quarterly gain since 3Q 2018, when tax cuts under former President Donald Trump drove a surge in profit growth. Financials are expected to show one of the biggest earnings gains, up 75.6% year-on-year, while materials are seen up 45.4%. U.S. Consumer Price Inflation (CPI) CPI is expected to have risen 0.5% last month and 2.5% over the prior year, according to estimates. If confirmed, it would mark the fastest increase in eight months. Excluding the cost of food and fuel, core inflation is projected to climb 0.2% from a month earlier and 1.6% on a year-over-year basis, a tad faster than the 1.3% increase registered in February. Rising inflation expectations helped spark a first-quarter selloff in Treasuries that drove yields to pre-pandemic highs in recent sessions. U.S. Retail Sales The consensus forecast is that the report will show retail sales jumped 5.5%, rebounding from February’s steep decline of 3%, which was the biggest drop since April 2020. Excluding the automobile sector, sales are expected to rise 4.8%, snapping back from a drop of 2.7% in the preceding month. Fed Speakers A number of Fed speeches will get market attention in the week ahead, as traders watch for further clues on interest rates. Topping the agenda will be remarks from Fed Chair Jerome Powell who will be speaking on Wednesday at an Economic Club of Washington event. The Fed chair has reiterated lately that any emergence of inflation should be temporary and that the central bank will keep its accommodative policies in place for a long time. China 1Q Gross Domestic Product (GDP) China will post its first quarter gross domestic product (GDP) on Friday morning. The data is expected to show the world’s second-largest economy grew 18.8% in the first three months of 2021 when compared to the year-ago period, accelerating from the previous quarter’s 6.5% pace. Besides the GDP report, the Asian nation will also publish data on March trade balance, industrial production, retail sales, unemployment, and fixed asset investment. China’s economy has shown signs of improvement in recent months, with activity rebounding to pre-pandemic levels thanks to a resurgence in global manufacturing and a sharp recovery in domestic spending.
UShort
by jfsrev
1