SP500 trade ideas
S&P 500 - BreakdownAlong with the Nasdaq..the other index that looks brutal is the S&P500.. Bad breakdown coming..
How badly this war will escalate is anybodies guess but with rising inflation and war like environment these are pure signs to be cautious with buying new stocks or quickly buying the dip..
Be patient and lets see what happens over the next couple days.
SPU- SPOOS OOPS NUMBERSChart details in text is self explanatory. We have completed shoulder and head and are now in right shoulder (view negates above 4630 close).. What is interesting is the current move down which is impulsive... can extend the move towards 4030-80... 4300 close confirms 4630 close negates.
S&P 500 (short) You can short S&P 500 near resistance line for tgts as mentioned on charts. It has rise without much consolidation. If 4200 broken as support it may reach 3400. Very less likely but still its not impossible.
Please correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
S&P 500 (SPX) | Best point for sell🎯Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
According to the count, the first 1 and 2 waves have been completed and wave 2 is not normal correction compared to the main wave 1 because it does not have good conditions in terms of time and depth of correction, but in our wave, wave 2 is in this range.
In our opinion, the 3rd main wave is not complete and the 5th microwave is being formed.
The microwave 5 is not in the range that is likely to end compared to waves 1 and 3, so we think this wave will move up to the Fabio 0.38 relative to the previous waves and then the desired correction will begin.
The structure of wave 5 itself is in its fifth wave, which is relatively well formed in good conditions, and for the completion of other waves and better roofing, we will have climbs up to Fibo 0.618.
Breaking the trend line is required to confirm the correction.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
S&P 500 (SPX) | Best point for sell🎯Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In indicators, the ratio of waves to each other is either too low or too high.
In this wave, wave 1 is formed and wave 2 has modified wave 1 relatively little.
Wave 3 then forms its microwave trend in a relatively normal state on a line and is in its last microwave.
Wave 5 The last microwave, wave 3 is not complete and this wave is on Fibo 0.50 compared to its microwaves and is not in a good position compared to the waves of the main wave 3 and it is better to return from the point after completing the waves to Fibo 0.38 Do a quick move.
Also, waves 3 and 4 of wave 5 of wave 3 form a harmonious pattern, and if this pattern is correct and we break the red circle and the downward trend line , we will have a heavy downward trend.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
S&P 500 (SPX) | Best point for sell🎯Hello traders, S&P 500 in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the indicators, because the movements of the waves are always upward and its corrections are very short compared to the forward movement that is done, no relation between the waves can be detected.
Therefore, we consider the beginning of new waves after the biggest correction in terms of time.
After the largest correction, we counted an almost normal wave 1 and a not-so-excellent wave 2, and considered the rest of the waves to be related to wave 3, and it was only in this scenario that we were able to make a connection between the waves.
Wave 3 is probably made up of 1, 2, 3, and 4 microwaves, and now we are inside wave 5.
In the previous analysis, we said that if the end of the previous wave is broken, the motion will be different and so on.
From wave 5, this ascent is related to microwave 5, which according to Fibo must end before 4900 and start the correction by breaking the black trend line .
If the price moves more than the specified targets, this count should be doubted.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️