S&P 500 and the Elliott Wave TheoryAnalysis shows that the Wave 3(Black) correction is a Flat because Wave 2(Black) was a Zigzag. From the ending of Wave 3(Black), we see a shallow Wave A(Blue) forming. This is our first Wave of the 3 move correction. From A(Blue), another 3 wave move MUST occur and must go beyond the ending of Wave 3(Black) as seen. The correction of Wave A(Blue) is marked by an unfolding 3 wave move shown in Green. Waves A and B are formed after Wave A(Blue) completes. For the last 'leg' of the 3 Wave correction, we find a 5 Wave move shown in Red and this should contain all properties of a normal 5 wave move. Wave 1(Red) is followed by a Zigzag correction and we should expect a Flat correction at Wave 3(Red). Indeed a Flat is formed and is highlighted in Purple. Wave 4(Red) is complete. This sets in motion a last wave that upon completion would be the end of Wave C(Green) hence the end of Wave B(Blue) and would trigger the start of Wave 4(Black). Follow for breakdown of the same chart in the Daily time frame.
US500.F trade ideas
Little more upside for SPX500USDHi traders,
Last week SPX500USD went higher then expected (wavecount updated).
If this is correct, then next week we could see a little more upside for this pair.
Let's see what the market does and react.
Trade idea: Wait for price come into the Daily bullish FVG's to trade longs again. At the moment price is too high to trade.
If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
SPX Expansion with Historical DataGood morning everyone!
This week I wanted to elaborate more on my previous idea of SPX with the historical data that led to this analysis. This is almost all fundamental analysis adding in the retracement percentages which can also be evaluated through some technical instruments.
Unemployment rate is currently at 4.1%, with inflation at 2.4%. Based on the data, it is evident the market is currently in an expansion period which is why the narrative that we will see 2 interest rate drops by the end of year continues to diminish. I think we will probably see 1 before the year ends and that would just fuel the market and gain momentum to the upside.
If we were to measure the expansion of SPX going back to the 2000's, we get an extension of at least 75%. If we were to extend 75% based on the previous swing high (6,147) we could see future SPX price at 8,500. Now, do your own research, but the data is here. I expect the market to possibly retest previous high, but if you did not enter during the dip, no worries. There is still plenty of upside potential and better late than never.
Remember... CASH FLOW IS KING!
Avoid all the noise and distractions. The job of many platforms out there is to have something to put out for the public EVERYDAY! A good amount of that is noise. Look for macroeconomic news and let that be your indicator.
Historical Data:
(1) .com Bubble (2000 - 2002) We had a 50% drop of SPX. This lasted for almost 2 years before recovery.
(2) Housing Market (2007 - 2009) The SPX dropped 57% due to the collapse of subprime lenders collapsing. Housing prices decline drastically leaving people with high mortgage payments than what their homes are actually worth leading to a wave of foreclosures.
(3) Covid (2020) This was a global event with government mandated shutdowns causing the entire financial markets to come to a halt. Many business closures that led to jobs loss with an unemployment rate of approximately 15%.
(4) Inflation & Rate Hikes (2022) When Covid happened, upon recovery market expanded way too fast causing inflation to rise and the Feds to increase interest rates to slow down the economy.
(5) Tariffs (2025) Will stay away from politics on this one, however, a rebalancing of trade has taken place with some countries still working on tariff deals with the U.S. This has caused huge uncertainty for companies and corporation. VIX (fear index) reached 60.13.
Hope you enjoyed this post. Have a great rest of your week, don't forget to like and follow and Happy Trading!
SPX 500 TO CONTINUE HIGHER Week of July 20, 2025 SPX500 will continue going higher as we don't have any reversal setup yet on the higher time frames, although there is a lot of hesitation on the chart as the past week's new high was not supported. The trend on 4 hours to weekly is still up and has no break of major moving averages yet. I am looking forward to either a capitulation new high candle or a bullish new high candle that breakout of the weekly consolidation zone as we enter another trading week. I hope my thought process and analysis is helpful for making your own trading or investment decisions.
Thank you for listening and wish everyone a great trading week.
Cheers
15_MinThis is a 15-minute timeframe chart, where each candlestick represents 15 minutes of trading activity. It is primarily used by intraday traders and scalpers to identify short-term trends, breakout zones, and momentum plays.
This chart of the S&P 500 (SPX) reflects intraday movements with real-time tracking of support/resistance zones, volume spikes, and short-term patterns.
Weekly Review: The S&P and NASDAQ once again hit all time highs during the week starting Monday 14 July. Which is a sign of confidence despite the ongoing external threats (tariffs / Middle East). I've noticed the current earnings season wasn't approached with as much trepidation as recent earnings seasons have been. Of course, that could come crashing down as companies continue to report over the next couple of weeks.
Once again, the currencies didn't quite react in accordance with the overall 'positive risk environment'. As each of the 'risk off currencies' offers their own separate challenges:
Ever since the recent NFP data, the USD had been strong, the FED continues to maintain a view for a 'slow pace of rate cuts' and US data backs up that view. Particularly this week's retail sales data, even CPI, although relatively benign, wasn't soft enough to warrant a 'FED pivot' towards a more dovish stance. The USD spent most of the week on the front foot, although the 'higher for longer' narrative was put to the test when the president once again offered his views on Mr Powell. Also FED board member WALLER chipped in with some dovish comments. Currently, it's up in the air as to how many more rate cut the FED will implement before year end (if any). The narrative at the July FOMC meeting could go a long way to determine the dollar's direction for the rest of the summer. But ultimately, it'll be the data that decides.
Recently, I've been encouraged by the re-emergence of JPY weakness. This past week, I put any periods of JPY strength down to profit taking before this weekends election. I need to do some reading regarding the implications of the result. But I'm 'hopeful' that over the coming weeks and months the 'old fashioned, JPY short 'risk on trade', will be prevalent.
The CHF continues to have a mind of it's own. It could be tracking EUR strength, it could be the article I read about gold, it could be SNB intervention, It could be random, or something I'm not aware of. Ultimately, until I'm comfortable the CHF is back in correlation with the risk environment, my preference is to short the JPY instead.
In other news, disappointing AUD data took the shine off the hawkish RBA. But I still view the AUD as a good 'risk on' long.
I'll begin the new week with an open mind. My preference remains for 'risk on' trades. But it's a case of keeping up to date with all of the narratives, if momentum aligns with logic and a narrative. And you feel comfortable with a stop loss and profit target, place the trade. But, be aware that the narrative the market is focused on can change from day to day.
On a personal note, it was a week of two trades. A post US CPI 'risk on' AUD JPY long. The trade stopped out. And as discussed during the week, it was one of those situations where if I would have been at the charts and hour later, I would have traded a different pair. That's life.
The second trade was AUD USD long. Post WALLER'S dovish comments, I felt the USD short momentum could continue. On my account the trade hit profit by the skin of its teeth before reversing. Again, that's life. Sometimes you get good luck, sometimes you get bad luck. I feel it's important to acknowledge good luck, as we often only focus on the bad luck we have.
The USD is finely poised and I'm intrigued to see where the data and rate cut narrative takes it over the coming weeks.
Results:
Trade 1: AUD JPY -1
Trade 2: AUD USD +1.2
Total = +0.2%
1_Day_ChartThis chart represents the 1-day (Daily timeframe) price action of the S&P 500 Index (SPX), offering a focused view of market sentiment, key levels, and trend momentum as of . Each candlestick reflects a full trading day.
📊 Chart Parameters:
Instrument: S&P 500 Index (SPX)
Timeframe: 1D (1-Day)
Exchange: NYSE / NASDAQ Composite (tracked as index)
Date Range Displayed: Past 3–6 months (approx.)
Miss This Watchlist, Miss Next Week’s OpportunitiesHey friends,it’s Skeptic 🩵 hope you’re having a great weekend!I know it’s the weekend, so a lot of you are probably chilling away from the charts, but for some, trading’s such an addiction that even weekends can’t keep you away. In this video, I’m gonna break down my weekly watchlist for you. Knowing it will help you miss fewer good opportunities, avoid FOMO, and have a plan ready for different scenarios and events.
Don’t forget money management , and stay clear of FOMO. & if it helped smash that boost bottom and follow for more !
S&P500 Bullish breakout supported at 6207Trump’s $3.4 Trillion Tax Plan
Favors wealthy investors: Tax burden shifts based on how you earn, not how much.
Winners: Business owners, investors, high-income earners.
Losers: Immigrants, elite universities.
Trade Tensions
EU Tariffs: Brussels targets $72B in US goods (e.g., Boeing, cars, bourbon) in response to Trump’s tariff threats.
Impact: Risk to transatlantic trade; US open to talks.
US-China Tech Relations
Nvidia: Resumes H20 AI chip sales to China after US approval—boosted chip stocks.
Trump: To announce $70B in AI & energy investments today in Pennsylvania.
Trend: Signs of easing tensions between US and China.
Earnings Focus: Big US Banks
Q2 results (JPM, Citi, WFC, BNY Mellon, BlackRock) will highlight:
Net interest income: How rate levels affect profits
Loan growth & credit quality: Signs of lending strength or weakness
Capital markets activity: Trading & investment banking trends
Key Support and Resistance Levels
Resistance Level 1: 6335
Resistance Level 2: 6380
Resistance Level 3: 6420
Support Level 1: 6207
Support Level 2: 6160
Support Level 3: 6115
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
S&P 500: Defying Tariff Headwinds, Breaking RecordsThe S&P 500 has staged a remarkable rally in 2025, shattering all-time highs and capturing global attention. This surge has unfolded despite the negative economic overhang of renewed tariff threats and ongoing trade tensions, raising critical questions for investors: How did the market overcome such headwinds, and what lies ahead for both the short and long term?
The Rally Against the Odds
Tariff Turbulence: Earlier this year, President Trump announced sweeping new tariffs, sparking fears of supply chain disruptions and higher costs for American companies. Historically, such moves have triggered volatility and corrections.
Market Resilience: Despite these concerns, the S&P 500 not only recovered losses from the spring but surged to new record highs, with the index climbing over 23% since April’s lows. Major tech companies, especially those leading in AI and innovation, have been at the forefront of this advance.
Investor Sentiment: The rally has been fueled by optimism around potential Federal Reserve rate cuts, robust corporate earnings, and expectations of long-term economic growth—even as the immediate impact of tariffs remains uncertain.
Short-Term Correction: A Healthy Pause?
While the long-term outlook remains bullish, several indicators suggest the market may be due for a short-term correction:
Narrow Market Breadth: The current rally has been driven by a handful of mega-cap stocks, leaving the median S&P 500 stock well below its own 52-week high. Historically, such narrow leadership often precedes periods of consolidation or pullbacks.
Valuation Concerns: Stock valuations are at elevated levels, and some analysts warn that earnings growth could slow as companies adapt to higher input costs and shifting trade policies.
Correction Forecasts: Some strategists predict the S&P 500 could correct to around 5,250 by the third quarter of 2025, citing factors like slowing consumer spending and persistent policy uncertainty.
Long-Term Outlook: Higher Highs Ahead
Despite the potential for near-term volatility, the long-term trajectory for the S&P 500 remains positive:
Fed Policy Tailwinds: Anticipated rate cuts and lower bond yields are expected to provide further support for equities, encouraging risk-taking and higher valuations.
Corporate Adaptation: Companies are actively offsetting tariff impacts through cost savings, supply chain adjustments, and strategic pricing.
Growth Sectors: Innovation in technology, productivity gains, and deregulation are setting the stage for sustained profit growth, especially in sectors like AI, robotics, and defense.
Key Takeaways for Investors
Stay Disciplined: While a short-term correction is possible, history shows that markets often rebound strongly after periods of volatility.
Diversify Exposure: With market gains concentrated in a few names, diversification and active stock selection are more important than ever.
Focus on Fundamentals: Long-term investors should look beyond headlines and focus on companies with resilient earnings and adaptive business models.
The S&P 500’s ability to break records in the face of tariff headwinds is a testament to the underlying strength and adaptability of the U.S. economy. While short-term bumps are likely, the path ahead still points toward new highs for those with patience and perspective.
This article is for informational purposes only and does not constitute investment advice. Always consult with a financial advisor before making investment decisions.
#spx500 #stockmarket #analysis #economy #us #nasdaq #fed #bonds #rates #trading
S&P500 Slips Ahead of CPI & Earnings SeasonEquities began the week under pressure, with the S&P 500 dropping 0.5%, slipping below the 6,230-resistance area. Although the Fed minutes released last week indicate that most members are open to cutting rates this year, inflation data and second-quarter earnings could change that trajectory.
Upcoming Events to Watch:
• CPI Release (Tuesday 14:30 SAST): A cooler-than-expected print would support a breakout in risk assets. A hot reading could shift expectations toward policy tightening, weighing on equities.
• Q2 Earnings Season: Major banks including JPMorgan Chase, Wells Fargo, and Citigroup will report this week. Strong earnings may cushion the market, while any weakness could exacerbate volatility.
S&P500 Technical View:
• Immediate Resistance: 6,230
• Potential Upside: A cooler CPI could see the index rally toward 6,290.
• Support Levels: Should inflation surprise to the upside, the index may slide to 6,190, or even 6,150 in extended selling.
$SPXSP:SPX Update:
Rumors of Powell possibly resigning as Fed Chair have created uncertainty among buyers.
But if inflation stays low even with tariffs we might see longer holds.
If Powell does step down, markets could actually rally on hopes of upcoming rate cuts.
📉📈
Now we wait for the inflation report…
SPX500USD | Retesting All-Time HighsThe index has extended its bullish rally, printing a new local high at 6,286.5 before showing signs of slight hesitation with consecutive small-bodied candles.
Support at: 6,134.5 / 6,026.0 / 5,926.2 🔽
Resistance at: 6,286.5 🔼
🔎 Bias:
🔼 Bullish: Sustains above 6,134.5 and breaks 6,286.5 for new highs.
🔽 Bearish: Break below 6,134.5 could trigger a retracement toward 6,026.0.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Is SP500 / US M2 Money Supply telling us a story?Historically this ratio has inflected from key levels. Last week the upper boundary of what 8 would call a normal range has acted as support. If history rhymes to dot com bubble, this AI bubble can bounce from these levels and see an increase until Q4 2026, then a sharp fall will follow. To the lower boundary of that normal range.
US500 Is Bullish! Long!
Here is our detailed technical review for US500.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 6,252.40.
The above observations make me that the market will inevitably achieve 6,297.19 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
SPX Breakdown or Another Push Higher?Hi y'all thanks for tuning in! Here are a few written notes to sum up the video.
Indecision at New Highs
After breaking out to new all-time highs, SPX printed a doji on the weekly chart, signaling indecision. This hesitation could mark the start of digestion.
Still Structurally Bullish, but Extended
The weekly chart shows SPX is still holding trend structure, but price is notably extended from the 10EMA. Historically, when price moves too far from key short-term EMAs, it tends to reset either via time (sideways chop) or price (pullback).
Daily Chart Shows a Shelf Forming
On the daily chart, price has been consolidating just under the prior high with small-bodied candles. This is forming a “shelf” around the 6,260–6,280 zone. It’s acting like a pause, not a breakdown. Holding above this zone keeps the trend intact.
Pullback Risk Increases Below 6,232
If price loses 6,232 (last week's breakout area and short-term shelf), it increases the likelihood of a pullback toward the 6160 or even deeper toward the 5970. That lower zone also marks the bottom of the prior consolidation box from earlier this year.
Seasonality Reminder
Historically, July is strong in the first half, with weakness (if it shows up) arriving mid-to-late month. So far, price has tracked that seasonal strength. Any weakness from here would align with that typical timing.
SPX GEO+ Cycle Update: "SPX: April Low Called, Target 8000+"SPX GEO+ Cycle Update: April Low Called Precisely (Next Target: 8000)
On January 5th, 2025, when SPX was trading at 5942, I published an analysis in Italian using my GEO+ Cycle methodology that made two specific projections:
📉 A low around 5000 in April 2025
📈 Then an advance targeting 8000 by 2026
Update: April delivered exactly as projected.
The geometric patterns suggested April would mark a significant turning point, and the market found strong support right in the anticipated zone and timeframe.
About GEO+ Cycles:
After 15 years studying market geometry, I've developed a framework that identifies multi-decade structural patterns. These aren't traditional technical indicators—they're mathematical relationships that help project major turning points with remarkable precision.
Current Phase:
We're now in the advancing phase of this cycle. Based on geometric projections, the target window for 8000 remains January 2026.
Important Context:
This represents cycle analysis for educational purposes, not trading advice. The methodology focuses on identifying major structural turning points rather than short-term movements.
What's Next:
I'll continue tracking this cycle's development and provide updates as we approach key geometric levels.
For those interested in learning more about geometric market analysis, feel free to follow for updates on this and other cycle progressions.
The mathematics of market geometry continue to unfold...
Note: Originally published in Italian, now sharing these insights with the global TradingView community.