s&p500index

tonz_of_gunz Updated 

S&P almost fully recovered the losses after BREXIT and now is looking for the next challenge,making new highs!

Ozkanerer Updated 

SPX500

ch4otik Updated 

I posted a similar chart earlier but I guess I'll post it again with a very minor tweak to the top trend line. It's still going down the tubes, I think. Just a lot more gradually than I previously anticipated. Watch your asset allocation and make informed trading decisions. :-)

tricky_nik

There must be a comprehensive text, but I'm too lazy to write it.

giopal

we arrived at the top of the climb and from next week the sales are expected to begin . The max is placed between 2168 and 2179 .

giopal

we arrived at the top of the climb and from next week the sales are expected to begin . The max is placed between 2167 and 2177 .

UrangOtan

VIX on the edge

olly_price Updated 

After these curves movements we tend to see structural movements at the top. I expect a move down to the support level indicated by the horizontal line.

Devise2Day

2136.50: all time high 2127.60: high before brexodus 2112.10: 1st high and meanwhile support after brexouds lows 2088.90: 2nd low after 1st high and meanwhile support after brexodus lows 2072.90 : intraday high (as brexit-referendum came out) 2072.90 : 1st low after 1st high and meanwhile support after brexodus lows between 2112.10 & 2072.90...

fxnewbie83

S&P looks like it's developing into a broadening top. Also at major top area currently. Seems to be having divergence too when looking at MACD direction. Will short if there is a H4 bearish price action.

nailit007

Inverse head and shoulders pattern.

lucapoia

This chart shows the S&P index weighted by the dollar index (DXY). As you can see, it gives us a much clearer picture, and allows us to find better support and resistance levels. Why is that so? One explanation is that it shows us the S&P as viewed from the eyes of the average foreign investor, or from large investment groups which have to take into account...

jjfrost

Oil may retest 50 week moving avg. (bottom of Kumo) or test the Ichimoku base line. Markets may respond to oil in low 40's. Many oil experts have been claiming oil should turn around in late '16/early '17. The weekly Ichimoku seems to agree. But it also suggest more downside before end of the year.

Masoud001 Updated 

On th chart ..

PateSkpate

Every time the S&P has made a Balance area at it's all time highs it has sold off hard. We just broke the most recent balance area to the downside again.. Looking for a bear run for quite some time. I fully expect market to revisit 1850's again, just given previous patterns. Best of Luck

JayKhanna

I've plotted Point D at 2087 Handle, As long as Price remains above D, We are likely to test 12.5 points higher which is the 2101 area. Once we touch the 2101, I've plotted an Open = High candle which is visible on the 2 hr chart. Therefore, 2101 is not going to sustain where price is going to hit 2111 very quickly. Levels to observe are longs above 2094. And...

tradingdiaries Updated 

The S&P500 shows a nice reversal head and shoulders formation on the chart. The S&P is moving in an uptrend for the last days and weeks. I think this formation shows good that the trend will continue after a pullback. The neckline of this formation is also at the 38.2 fib level of the last upside move. So I expect a short term price fall back to 2083 +/-. And...

tonz_of_gunz

S&P forming a possible inverse head and shoulders on H1, i am looking for a buy set up after neckline break and test.