On stock markets, the sale of risky assets continues. #SP500 added 1.9% on Thursday, but the index futures eke out, returning to the area of lows from May.

#SP500 losses amounted to 0.7%, although the amplitude of fluctuations remains elevated, reaching 3.8% in just a few hours.

Futures for #SP500 adds 0.2% after the U.S. elections in line with forecasts.

The U.S. main indices held an impressive rally with growth by more than 2% for #SP500. Now rally has stalled as focus shifts to Fed’s monetary policy decision

Monday was a hard day for the financial markets. #DJI lost more than 2.3% and #SP500 decreased by 2.0%. The cautious trading tone of Asian bourses was dissapeared on hopes for US-China trade talks

On Monday, index #SP500 has increased by more than 1.5% while the futures for the index have shown an upturn today morning.

#WaveAnalysis

#SP500 rising inside impulse wave 3

• Likely to reach 3540.00

https://fxpro.news/market-snapshots/sp-500-analysis-04-november-2020-20201104/

#WaveAnalysis

#SP500 broke round resistance level 4000

• Likely to rise to resistance level 4200

https://fxpro.news/market-snapshots/sp-500-wave-analysis-5-april-2021-20210405/

#WaveAnalysis

#SP500 reversed from key support level 4550.00

• Likely to rise to resistance level 4800.00


S&P 500 index continues to rise steadily after the price reversed up from the key support level 4550.00 (former resistance from the start of September).

The upward reversal from the support level 4550.00 started the active impulse wave 3 of the higher level impulse wave (3).

Given the prevailing daily uptrend, S&P 500 index can be expected to rise further toward the next resistance level 4800.00 (target for the completion of the active impulse wave 3))

#WaveAnalysis #SP500

S&P 500 broke key support level 3900.00

• Likely to fall to support level 3800.00

S&P 500 index recently broke the key support level 3900.00 (which has been reversing the price from the end of July) intersecting with the 61.8% Fibonacci correction of the upward ABC correction from June .

The breakout of the support level 3900.00 continues the active intermediate impulse wave (3), which is aligned with the clear downtrend from last December.

Given the expectation of further rate hikes in USA, S&P 500 index can be expected to fall toward the next support level 3800.00.

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#WaveAnalysis #SP500

S&P 500 reversed from key support level 3570.00

• Likely to rise to resistance level 3800.00

S&P 500 index recently reversed up with the daily Bullish Engulfing from the key support level 3570.00 (which stopped the price at the start of October) standing near the lower daily Bollinger Band.

The upward reversal from the support level 3570.00 started the active short-term corrective wave 2.

Given the improving risk sentiment globally and the clear divergence on the daily Stochastic indicator, S&P 500 index can be expected to rise toward the next resistance level 3800.00 (top of earlier daily Evening Star from the start of this month).

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Fed can end US Indices’ divergence

The US indices, #SP500 and #Nasdaq100, closed at new all-time highs, largely due to Apple's positive performance. However, other markets and indices are far from similarly positive. This both leaves room for growth and indicates investor wariness.

The Nasdaq100 index is above 19200, adding 0.7% over the last day and adding 16.1% YTD. Futures are trading in a slight plus on Thursday. The S&P500 rose 0.3% to 5375, bringing its YTD advance to 13.3%. Both have maintained positive momentum since the beginning of the month after a quick correction in late May.

The immediate driver of the gains was a 7.3% jump in Apple shares in a single day. The market's initial negative reaction to the announcement of the AI strategy, which took away 2% at the premarket, turned into an abundant short squeeze by the opening of trading, sending the stock well into the territory of all-time highs. Interestingly, Apple continues to lag in the market, adding 11.6% YTD.

#WaveAnalysis #SP500

▪️S&P 500 index reversed from support zone

▪️Likely to rise to resistance level 5585.00

Read more

#MarketReview

▫️ Stock market volatility has risen again, with the S&P500 down 2% and the Nasdaq100 down over 3%;

▫️ The #SP500 is consolidating near the 50-day MA, a break below which opens the way to 5150 (-7%);

▫️ The #Nasdaq100 is already below its 50-day MA and technically open to 18200 (-4%).

#Shorts

#SP500: Market upward correction followed by decline

#Shorts

#SP500: A more decline to come

▶️ SP500. Current situation #sp500 #tradelikeapro #trading #trandingshorts #tradingstrategy #fxpro

Today is Thursday, January 8th, and we continue talking about the markets.

Today, we will discuss a market where a very interesting scenario is unfolding, and now I will show you what this is all about.

#sp500 #tradelikeapro #trading #trandingshorts #tradingstrategy #fxpro

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▶️ S&P500 Current situation #sp500 #tradelikeapro #trading #tradingshorts

Today is Thursday, the 22nd of January, and we will talk about the equity market.

I would like to remind you that over the past week, following the S&P 500, I was tracking two parallel scenarios based on this diagonal...

#sp500 #tradelikeapro #trading #tradingshorts

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▶️ SP500 Current situation #sp500 #tradelikeapro #tradingshorts #sp500analysis #sp500trading

This is a special review of the S&P 500 market on Tuesday, February 10th.

#sp500 #tradelikeapro #tradingshorts #sp500analysis #sp500trading

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