SP500FT trade ideas
SPX - June ProjectionsMay showed price heading back up to the high. This is four months now from the previous top. Generally for a major top to exhibit itself, it might take only three months to test. Four months is also not uncommon so it is possible that today's close will be last positive monthly close in a while.
I expect that the price will continue to rise, probably above the 6010 level of the last monthly closing high. If price surpasses the previous monthly close high, I will be watching for a turnaround, with prices eventually closing out June to the downside.
To me, based on the 40-month moving average. I have noticed that usually waves 2 and 4 have strong support at the 40 month moving average, where more major corrections will see price go below it. As price just came down to that level and didn't break it, we are in or have finished a wave 4. I'm still looking for lower prices assuming that this wave 4 to be a Flat with more sideways action ahead.
Currently short SP
Structure Over Sentiment: Multi-Asset View into Month-End📊 Structure Over Sentiment: Multi-Asset View into Month-End | May 30, 2025
This isn’t a crash. This isn’t a rally. This is digestion.
The multi-asset view tells the real story — and it's not as chaotic as it looks.
🔍 What the Chart Shows:
This correlation lens plots key macro and market drivers YTD:
🟣 Gold (XAUUSD): Leading with +24.71% — this is the quiet macro bid no one’s talking about
🟢 Bitcoin (BTCUSD): Holding +8.47% — volatile, but still showing risk appetite
🔴 10Y Yield (US10Y): Up +5.31% — signalling rates peaking
🟠 Nasdaq (NDX): Nearly flat, -0.36% — NVDA strength masking internal rotation
🔵 S&P 500 (SPX): -2.32% — structurally fine, just not euphoric
🔵 Dow (DJA): -5.91% — lagging, cyclical drag
🔵 Russell 2000 (RTY): -13.60% — small caps under pressure, risk-on caution flag
🟣 Dollar Index (DXY): -6.44% — fading after a strong Q1
🟢 Oil (WTIUSD): -10.26% — no inflation panic here
🧠 Key Insight:
Despite the tariff headlines, sticky PCE, and conflicting narratives — the market remains internally consistent.
Gold is leading
Yields are rising but not sharply
Bitcoin is positive
Equities are flat-to-negative
Oil is weak
Dollar is fading
This is classic late-cycle digestion, not a crisis.
🛡️ Titan Mindset Check-In:
Don’t get lost in single headlines
Follow structure, not speculation
Let leaders lead (NVDA, Gold, BTC)
Protect equity when breath narrows
Zoom out, reduce noise, trade the curve — not the chaos
📍“Volatility isn’t risk. Misinterpretation is.”
Take Profits, Not Chances.
#MultiAssetView #StructureOverShock #TitanProtect #SPX #NDX #BTC #Gold #DXY #WTI #US10Y #MacroFlow #MarketMindset #LateCycleSignals #DigestDontPanic
S&P 500 MAJOR REVERSAL INCOMING? | SPX500 SELL ZONE HIT SPX500 just tapped into a critical supply zone near 5985 and has started pulling back. Is this the beginning of a deeper correction? Here’s what I’m watching 👇
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📊 Key Technical Zones:
🔵 Supply Zone: 5985 – 6000 (Strong historical rejection zone)
⚠️ First Support: 5436.1 – potential bounce area, but already tested
🧱 Major Demand Zone: 4990 – heavy volume base, ideal buy zone for bulls
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🚨 Bearish Clues on the Chart:
Price got rejected at the top of the supply range with a strong wick.
Bearish divergence on recent highs (not shown here but evident on RSI/MACD).
Clean downside structure could target 5436, then 4990 if broken.
📉 Downside Projections:
First TP: 5436
Final TP: 4990 (big institutional interest)
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🔁 Possible Scenarios:
1. 🔻 Bearish Continuation: If we break below recent support near 5880, expect speed towards 5436.
2. 🟢 Bullish Fakeout: Only a strong breakout above 5985 invalidates this setup.
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🎯 Trade Idea (Educational):
Entry: Break and retest below 5880
SL: Above 5985 zone
TP1: 5436
TP2: 4990
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📅 June Will Be Volatile – Stay prepared.
💬 Do you think this is the start of a correction or just a dip before ATH?
🔔 Follow @FrankFx14 for clean and professional chart updates! 👍 Like, 🔁 share, and 💭 comment your thoughts below!
SPX, Final choppy leg upExpecting choppy ending diagonal wave 5 up to 6130-6200area. Followed by a larger wave 2 correction at the next higher degree/ set up for the a larger wave 3 wave to new ATH. ( Tax cuts/ rate cuts ).
How low will wave 2 go? ( somewhere in the green box most likely). Will we need to monitor its structure going down. Trump will not let market collapse to far If he can help it... And he can help it.
Tracking a pattern that could signal the Top is In I am tracking a micro pattern with the new local high made in the ES last night and today's price action as a micro 5-down....we should get a slight retrace into the 5960 ish area. Maybe tomorrow...maybe in the overnight session tonight.
If price can then breach todays micro low of 5884 in the ES futures...we need to then follow through with a breach of 5857 to give us our first indication, we may have struck a top.
From there I am following 2 counts...Purple, or my primary count which is a minor C of Intermediate (A).
Best to all,
Chris
SPY update - still bullish!In today’s session, we saw an increase in volume without significant price movement. This could indicate underlying uncertainty or a potential shift in momentum.
At the moment, price is still respecting a key trend line and several support levels. Until these are broken, it's too early to confirm whether the broader market is turning bearish.
🧠 I also want to point out that the price is forming an ascending channel, often a reversal pattern, especially when occurring at market highs. While we’re seeing some bearish signs, it’s crucial to remain patient and let the market show its hand.
📊 As always, the key is to observe, not assume, and be ready to adapt as the price action develops.
Thanks for watching the update, I hope it brought some insight and value to your trading journey!
Bullish bounce off overlap support?S&P500 is falling towards the support level which is an overlap support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 5,784.04
Why we like it:
There is an overlap support level that aligns with the 23.6% Fibonacci retracement.
Stop loss: 5,689.40
Why we like it:
There is a pullback support level that is slightly above the 38.2% Fibonacci retracement.
Take profit: 5,973.58
Why we like it:
There is a pullback resistance level.
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US500 Long TermBased on the technicals I'd be expecting US500 and other indices (US30, NAS100) to turn bearish again, at least for a short while. US500 has a key level of liquidity at 5577 which has to be swept before any major bulls return. Once that level is taken out, it depends on how the fundamental will develop and we can either expect the bears to continue the sell off or we may see the top 3 indices reach new ATHs.
S&P500: Inverse Head and Shoulders set to extend Apr-May rally.The S&P500 is bullish on its 1D technical outlook (RSI = 58.868, MACD = 85.480, ADX = 31.901) as it maintains a steady Channel Up pattern and just formed the first 1H Golden Cross in a month. Technically this is forming the Right Shoulder of an Inverse Head and Shoulders pattern, typically a bullish reversal formation, which not surprisingly was last seen in April when the Channel Up started and was completed with the previous 1H Golden Cross on April 24th. The result was a bullish extension fo rht 1.618 Fibonacci level. We're bullish on this, TP = 6,150.
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S&P INTRADAY corrective pullback - support retest?Trump-Era Tariffs Canceled: A US court struck down the “Liberation Day” tariffs, effective immediately. This boosts sentiment for industrials, consumer goods, and global supply chain-reliant stocks. The government is appealing the ruling.
US Dollar Strengthens: The DXY is back above 100, up 1.8% from last week’s lows. A strong dollar helps importers but may pressure exporters and commodities.
Fed Rate Cut Expectations Decline: Markets now price 42 bps of rate cuts in 2024, down from 50 bps. This supports financials (e.g. banks), but challenges rate-sensitive sectors like real estate and small caps.
Mixed Eurozone Data: Positive Italian confidence figures offset weak German and French job numbers, offering slight global risk support. Limited direct impact on US stocks.
Fed Flags Stagflation Risk: Minutes show the Fed is worried about stagflation. This could weaken confidence in growth stocks and favor defensive sectors.
Today’s US Data Watch:
Q1 GDP 2nd estimate (expected -0.3%)
Weekly jobless claims
Fed speakers
All ahead of Friday’s key PCE inflation data
Market Outlook
Positive: Trade relief, resilient dollar, stronger bank outlook
Caution: Slowing growth, inflation worries, fewer rate cuts
Focus Areas: Industrials, financials, tech (watch for pullbacks); avoid rate-sensitive sectors short term
Key Support and Resistance Levels
Resistance Level 1: 6010
Resistance Level 2: 6070
Resistance Level 3: 6160
Support Level 1: 5780
Support Level 2: 5740
Support Level 3: 5700
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US500 Is Going Down! Sell!
Please, check our technical outlook for US500.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 5,960.96.
Considering the today's price action, probabilities will be high to see a movement to 5,538.99.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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US500 - Will the stock market reach ATH?!The index is above the EMA200 and EMA50 on the four-hour timeframe and is trading in its ascending channel. I expect the index to continue moving, and on the other hand, if the index declines towards a certain zone, you can also look for the next S&P long positions with a risk-reward ratio.
Yesterday, a U.S. federal court halted the implementation of President Trump’s “Freedom Day” tariffs. The U.S. Court of International Trade ruled that these tariffs exceeded the legal authority granted to the president and unanimously decided to revoke them. Nonetheless, Trump still retains the right to appeal the ruling.
Following the court’s decision, President Trump promptly filed an appeal. In response, the White House issued a statement asserting, “The decision on how to handle a national emergency should not fall into the hands of unelected judges.”
Meanwhile, the market reacted strongly to Nvidia’s latest financial report. The company’s stock surged by as much as 5.8% in after-hours trading, before settling at a 4.8% gain compared to the previous day.
This bullish movement reflects investors’ confidence in Nvidia’s continued strong performance.
Nvidia is actively expanding into new markets, including the Middle East—an indication that the company is poised for sustained growth even if its presence in China is constrained.
The rally in Nvidia’s stock didn’t just lift semiconductor companies; broader markets followed suit. The S&P 500 index climbed to 6,005.75 points, representing a 1.7% increase from the prior session.
According to the company’s announcement, Nvidia posted $44.1 billion in revenue for the first quarter of fiscal year 2026, marking a 69% increase year-over-year and slightly surpassing analysts’ expectations. Revenue from data center operations rose 73% to reach $39.1 billion.
CEO Jensen Huang stated: “Our Blackwell NVL72 AI supercomputer—designed for reasoning and acting as a ‘thinking machine’—is now being mass-produced by system builders and cloud service providers.” He added, “There is enormous global demand for Nvidia’s AI infrastructure. Over the past year alone, AI inference token generation has grown tenfold. As AI agents become mainstream, the demand for AI compute will continue to surge.”
A Reuters poll now projects that the S&P 500 will reach 5,900 by the end of 2025—down from the 6,500 level forecast in February. Similarly, the Dow Jones index is expected to close 2025 at 43,708, compared to the previous projection of 47,024 from the February survey.
Separately, the Federal Deposit Insurance Corporation (FDIC) reported that the increase in U.S. bank profits was largely driven by growth in noninterest income. Bank earnings in the first quarter of 2025 rose by 5.8%, reaching $70.6 billion. While overall asset quality remains favorable, the commercial real estate loan portfolios continue to show signs of weakness. The number of “problem banks” declined by three, bringing the total down to 63. The banking industry also reported a slowdown in lending growth; the annual loan growth rate for the first quarter was just 3%, down from the pre-pandemic average of 4.9%.
SP500 // Stock Market Still a Buy? Here’s My ETF ApproachUnlike the Forex market, in the stock market—even when we’re hitting new highs and running out of chart space—it still makes sense to continue accumulating positions in U.S. indices. For a more profitable and diversified approach, ETFs offer a wide range of options: SPY, TQQQ, QQQ, and international ones like VEA.
Where do you trade stocks? I'm curious to hear what platforms and strategies others are using.
If you have any questions about building a portfolio or selecting ETFs, feel free to reach out. Happy to share insights and help where I can.
Wishing you consistency and strong returns.
Skeptic | SPX 500 Update: Bullish Breakout Brewing?Hey everyone, Skeptic here! It’s been a while since we’ve checked in on the SPX 500 , but the market’s now flashing a killer long opportunity with a high R/R—don’t miss this one! 😊 Stay with me to the end for the full breakdown. Let’s dive into the Daily Timeframe to set the stage. 📊
Daily Timeframe: The Big Picture
The SPX 500 pulled off a deep correction , dropping from a high of 6154.64 to lows around 4810.39 with some wild shadows that caught everyone off guard. But now, it’s firing up with fresh momentum, carving out higher highs and higher lows that scream bullish strength. The corrections in this new uptrend are super shallow and flow with the trend—exactly what we want to see! After hitting resistance at 5961.82 , we’ve had a slight pullback, but it looks like this correction is wrapping up, and we’re on the verge of the next big uptrend leg. Let’s zoom into the 4-Hour Timeframe to hunt for long and short triggers.
4-Hour Timeframe: Long & Short Setups
On the 4-hour chart, the correction shaped up as a descending trendline . We broke it, pulled back, and now we’re primed to crack 5895.39. A breakout above this level is our main long trigger. To get more precise, let’s check the 1-Hour Timeframe.
For the long setup , a clean break above 5896.34 gets us in the game. This move also busts through P.P. Level 1, giving us solid confirmation, and we could ride the wave up to P.P. Levels 3 or 4, targeting 5930.83 to 5956.97 . Those are prime spots to lock in some profits, but don’t close the whole position—since we’re trading with the trend, we can hold for more upside. For shorts, I’ve got nothing. Going against this bullish momentum would be pure madness! I’d wait for a sharp drop below support at 5849.67 before even considering short triggers, but right now, there’s zilch.
💬 Let’s Talk!
If this update sparked some ideas, give it a quick boost—it means a lot! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments. Thanks for hanging out— let’s grow together and remember: Weathermen forecast. We trade! :))) ✌️