S&P 500 IDEA

Just a test idea with different chart layouts from other ideas.

> Support lays around the 2640 / 2625 region
> If a trade triggers initial targets 2700/2710 level
Comment: gapped up on late Sunday trading (23:22 local GMT) which could signal strength; will update asap.
Comment: trade entered at 2671 seeing some building support here; Initial target remains the 2710 areas in the case of a rally.
Comment: good growth with that US data; price up to around 2678 level
Comment: currently up approx 1.1% OTD
Comment: a nice close above the 50-day ma (with respect to 4h metrics) up to approx 0.8 OTD in early Europe trading; if close above this level on a daily perspective (approx 2867) then could consider further adding to the position.
Happy Trading!
Comment: 100MA (d1) close ; RU scaling position may be possible in asia session.
Comment: added a 50% OTA trade following the strong close at aprox 2705.4
Comment: Bit choppy yesterday but nothing unexpected due to sleep number revenue miss that seems to have been the catalyst; but still a positive close. I expect a down/neutral (or a low increase even) day is imminent to consolidation positions near term but long momentum is still maintained.
Comment: consolidative tone today as expected in the previous update; want to see a close above 2705.89 (d1/100ma) to indicate medium-term upward momentum. To maintain this short-term move seen this week need to stay above 2689.57 level (d1/50ma).
Comment: Expect more of the same consolidative tone as yesterday. Need to hold 2680 level and would like to see a close above 2691 level; further continuation of the upside would be warranted past 2710.
Comment: The main driver behind equities at the moment is earnings results. The geopolitical scene has calmed down with the good news of a possible Trump/Kim meeting, Syria news fading I think that this has done wonders for geopolitical tension and investor risk appetite. There are 15 ER's from the SP500 due out today in market hours 7 positive chng% and 8 negative chng%. I expect today to be a slightly positive day; maybe neutral but leaning towards positive.
Comment: retraced to support around 2660, expecting upward momentum next week.
Comment: opportunity to scale position here as similar level ; target 2710/2720 level
great session for this trade, closing above the 100 day MA. The target level was hit but I decided to hold the position given its current strength. A revised rally target would be around 2735 level. Possibility to add an additional position in the Asia session; will update.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out