SPX500 Under Pressure Amid Renewed Israel-Iran TensionsSPX500 Overview
Israel-Iran Truce Hopes Collapse
Investor hopes for a swift de-escalation between Israel and Iran were quickly shattered as both sides resumed hostilities. The situation intensified further after U.S. President Donald Trump urged Iranian civilians to evacuate Tehran and abruptly ended his participation at the G7 summit, reportedly convening the U.S. National Security Council.
These developments have fueled broad risk-off sentiment across markets.
Technical Outlook:
SPX500 remains under bearish pressure as long as the price trades below 6010. A continued drop toward the key support at 5966 is likely, with a break below this level potentially opening the path to 5938 and 5902.
However, if the price stabilizes above 5966 without breaking it, we may see a rebound attempt toward 6010 and 6041.
Any signs of negotiation or de-escalation in the conflict could trigger a strong bullish reversal.
Support: 5966, 5938, 5902
Resistance: 6041, 6098, 6143
SPX500 trade ideas
S&P 500 Short Update 2: Shifting wave degreeHi all,
As I explained in this video, the previous idea was invalidated because of an issue with "degree" of wave that a fellow watcher of my idea rightly pointed out in the comments section. I did the change on this video and explain the mistake I made in the previous idea.
In this video, I also talked about the last wave, how it can still be the peak but on the bigger picture, it is still too small compared to wave 1 and 3.
I then recommend 3 "safer" entry points:
1. One reversion trade at the top of the trendline.
2. One breakdown from the diagonal trendline.
3. One breakdown from the 4th wave support price.
Which entry point(s) you choose depends on your personal preference and opportunity. The stop will be above where you identify as the peak at your point of entry.
Good luck!
S&P 500 Breaks Out — Trump, Tariffs & Bullish Island PatternDonald Trump has mentioned the US stock market in every meeting he has held in the past few days, which has caused the US stock market indices , including the S&P500 Index ( SP:SPX ), to rise:
"Better go out and buy stocks now".
President Donald Trump told a crowd in Saudi Arabia on Tuesday that the markets are just getting started. “It’s going to get a lot higher,” he said, right as the S&P 500 posted its first gain since late February.
But one of the main reasons for the increase in the S&P 500 Index and US stocks is The United States has dropped its tariffs on Chinese goods to 30% , down from a brutal 145% , while China is slashing its own duties on US imports to just 10% , temporarily, for the next 90 days .
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Now let's take a look at the S&P 500 Index chart on the daily time frame .
S&P500 Index managed to break the Resistance zone($5,737_$5,506) and 21_SMA(Weekly) by Breakaway Gap .
In terms of Classic Technical Analysis , the S&P500 Index has managed to form a Bullish Long Island Pattern , and this pattern is one of the continuing patterns and will be a sign of the continuation of the S&P500 Index's upward trend .
In terms of Elliott Wave theory , it seems that the S&P500 index has completed the corrective wave and is in new impulsive waves , which could cause a new All-Time High(ATH) to form.
I expect the S&P500 index to increase by at least +5% as it approaches the Uptrend line , and we will see the possibility of a new ATH .
Please respect each other's ideas and express them politely if you agree or disagree.
S&P 500 Index Analyze (SPX500USD), Daily time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Markets Watch: Caution Ahead? U.S. stock index futures rose Monday, buoyed by easing oil prices, even as geopolitical tensions between Israel and Iran simmer in the background. All eyes are now on the upcoming Federal Reserve meeting. 👀💼
But here’s the catch on the S&P 500 👇
🔹 Price is stalling at a resistance line, tracing back to March highs
🔹 Daily RSI shows major divergence, signalling a loss of momentum
🔹 Rally is slowing just as it approaches the Feb all-time high at 6147
📉 If the index fails to hold and breaks below:
🔻 The 200-day MA at 5808
🔻 Key pivot levels at 5773 (Jan low) and 5787 (March peak)
…then we could see real downside pressure emerge.
🛑 For now, the market is showing red flags at a critical level. Stay alert — this could get interesting.
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Elliott Wave Perspective: S&P 500 (SPX) Set to Finish Wave 3Since reaching its low on April 7, 2025, the S&P 500 (SPX) has embarked on an impulsive rally. From that bottom, the index progressed through distinct waves, as defined by Elliott Wave theory. Wave 1 concluded at 5246.57, followed by a corrective pullback in wave 2, which found support at 4910.42. Currently, wave 3 is underway, unfolding as a strong impulse with subdivisions in a lesser degree.
From the wave 2 low, the rally continued with wave ((i)) peaking at 5481.34. A brief retracement in wave ((ii)) then followed which ended at 5101.63. The index then surged higher in wave ((iii)), reaching 5968.61. A subsequent pullback in wave ((iv)) found support at 5767.41, setting the stage for further gains. The index should push to a few more highs to complete wave ((v)) of 3. This will mark the culmination of this upward phase.
Looking ahead, once wave 3 concludes, a corrective wave 4 should follow, retracing part of the rally from the April 7, 2025 low. This correction could unfold in a 3, 7, or 11-swing pattern before the index resumes its upward trajectory. In the near term, as long as the pivot low at 5765.74 holds, the S&P 500 is poised to achieve additional highs to finalize wave ((v)) of 3. However, if this critical support at 5765.74 is breached, it would signal the end of wave 3, prompting a larger wave 4 pullback, potentially in a 3, 7, or 11-swing structure.
Morning market ideasSPX could be finished overnight but the cash session may try to equal the overnight high. Gold is coming up to heavy resistance. Oil Looks to be heading towards 66 and maybe more. BTC looks like it may drop again but right now it's at support. Natural Gas is likely going to drop.
Smart Money Levels Spotted on SPX500USD – Massive Sell Zone Major Supply Zone (Resistance): 🔵 6,000 – 6,050
Price is currently sitting right inside a well-defined supply zone, where smart money previously sold off heavily back in December.
Intermediate Support: 🔵 5,436
A clear structural level where price previously broke down from and retested in April.
Major Demand Zone (Support): 🟠 4,900 – 5,000
Price reacted aggressively from this zone during the massive April sell-off, suggesting strong institutional interest.
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🧭 Current Price Action:
SPX500USD is currently trading at 6,004, right at the supply zone marked by the blue shaded area. Price has aggressively rallied from the 4,900 demand zone in April and is now testing this critical resistance level for the first time since the major drop.
📌 Notice the tight consolidation and rejection wicks from this area in the past. This could signal a potential reversal or a breakout trap!
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⚠️ Bearish Signals to Consider:
🔻 Risk of Rejection: With price inside a supply zone and momentum slowing, there’s a high probability of a rejection.
🔻 Double Top Structure: Previous highs around 6,050 could form a double top, making this a textbook reversal opportunity.
🔻 Downside Targets:
📍 First target: 5,436 (previous support & breakout level)
📍 Second target: 4,900–4,950 (major demand zone & value area)
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🧠 Smart Money Perspective:
This setup aligns perfectly with institutional trading logic:
Sell high in supply zones
Buy low in demand zones
Volume Profile and LuxAlgo’s visible range confirm these key levels where institutions are most likely to act.
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🧨 Trading Plan:
🚫 No buying in the supply zone
📉 Short entries if rejection confirms (look for bearish engulfing / lower high on lower timeframes)
🎯 Target 1: 5,436
🎯 Target 2: 4,900–4,950
🛡️ Stop Loss: Above 6,050 (fake breakout zone)
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📊 Bonus Tip:
Watch how price behaves around FOMC and CPI news – liquidity grabs often happen right before key macro data, especially near supply zones. Be patient!
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💬 Let’s Discuss:
Do you see a breakout or a rejection from here?
Comment below if you're bullish or bearish on SPX500USD! 👇
Don't forget to like & follow if you find this breakdown helpful 💡
#SP500 #SPX500USD #SmartMoney #SupplyAndDemand #TechnicalAnalysis #PriceAction #LuxAlgo #TradingSetup #SwingTrade #BearishReversal
S&P's 4Hr. Wave 5 North Likely in progress towards 61251). Price needs to complete 5-wave sequence @ the 1.728 Fib @ 6125). The Bonds are dropping, so there's likely not much steam left...3). BANKS ARE BUYING! 4). Volume is decreasing... 5). Trendline intersecting with target fib. level 72.8%. 6).US $ WEAKNESS AT THE MOMENT IS ALSO ADDING TO THE ANTICIPATED RISK ASSET UPWARD SCENARIO
US500 Will Fall! Short!
Here is our detailed technical review for US500.
Time Frame: 10h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 5,979.56.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 5,838.14 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Rising wedge + Bearish divergence + GAP at 5700 + new war !!!Rising wedge + bearish divergence + GAP down at 5700.
And yes, a new war in the Middle East. Higher oil prices are coming — Iran controls the Hormuz Strait, where 20–30% of the world’s oil is transported. Yes, Iran is on the sanctions list, but other countries aren’t — they trade with Iran and resell the oil to the rest of the world. Triangle trade.
But that supply of 20–30% is about to disappear due to the war. Higher oil prices mean higher expenses. A lot of the world still relies on oil as an energy source.
We’re also out of the previous trend we had before the tariffs.
DYOR (Do Your Own Research).
SPX/USD Has A Double Top Pattern On The 1Hr Hey Traders and following gang!
Hope all are raking in profits on all your trades.
I spotted this double top setup on the 1hr SPX/USD.
A break below 5980.6 triggers a short down to target-1 5926.3
A break below 5943.8 triggers a short down to target-2 5842.1
A little scuffle in the Mid East helps this market fall so, short the ticker .
Best of luck in all your trades my friends and stay profitable $$$
S&P500 INTRADAY consolidation range Boeing Crash: An Air India Boeing 787 crashed after takeoff from Ahmedabad to London, killing all 242 on board. It’s the worst accident involving this model. Boeing shares dropped on renewed safety concerns.
Trump Tariffs: Donald Trump plans to set new tariff rates within 1–2 weeks before a July 9 deadline. The EU may be last to get a trade deal. Japan is cautious about any agreement.
US-UK Trade Deal: The US and UK plan to move quickly on a trade deal. The EU is expected to face delays.
Tariff Pause: The US may extend a 90-day pause on tariffs for countries negotiating seriously.
Middle East Tensions: The US is pulling embassy staff as tensions rise. Iran warned of retaliation if nuclear talks fail. Reports say the US is preparing for a possible Israeli strike on Iran. Oil prices eased.
Key Support and Resistance Levels
Resistance Level 1: 6060
Resistance Level 2: 6120
Resistance Level 3: 6172
Support Level 1: 5960
Support Level 2: 5900
Support Level 3: 5800
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Recession? Weak. Let's Do a DepressionS&P pulled a fast one — but the real show might be just warming up.
Markets tease, bounce, tempt. And then — they punish.
After a sharp rebound, S&P500 is still below 6,150, with weak volumes. The recent rally looks more like a bear trap than a new impulse.
Trading note:
Possible short entries can be considered from current levels, with 50% now, 25% near 6,000, and 25% at 6,100. Stop-loss only after 4H close above 6,150. No clean levels below that — only noise and traps.
This market isn't about fundamentals. It's about desperation. Participants are chasing returns in a shrinking pie, taking on absurd risks.
And now, buckle up:
We are entering what might be the most dramatic market weeks in decades. This is setting up to be a mega-short, folks. Get ready for turbulence. Fasten your seatbelts.
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Important:
This is NOT a recommendation to trade. This is an extremely high-risk scenario shared for discussion purposes only. If you've already made such a mistake and entered, respect your money and risk management. Losses are much harder to recover than gains.
S&P500 INTRADAY support retest The Israel-Iran conflict has now entered its fourth day, with no signs of de-escalation. Iran launched more missile attacks, while Israel struck back, targeting a major gas field and a key military figure. Notably, Israeli strikes damaged Iran’s uranium facility in Isfahan, and an Iranian missile caused minor damage near the U.S. consulate in Tel Aviv.
While these developments added geopolitical stress, markets showed some resilience:
Oil prices pulled back after initial gains but remain volatile as the risk of supply disruption in the Middle East — a region supplying ~1/3 of global crude — persists.
S&P 500 futures edged higher, indicating investors are not fully in risk-off mode, but remain cautious.
On the political front, Donald Trump reportedly blocked an Israeli plan to assassinate Iran’s Supreme Leader. He mentioned the possibility of a future agreement between the two sides but said more conflict may come first. Trump is attending the G7 summit in Canada today, where leaders will discuss how to manage the Middle East crisis and navigate diplomacy with Trump.
For S&P 500 traders:
Monitor oil prices — a sharp spike on new escalation could weigh on risk sentiment.
Headlines from the G7 and any sign of U.S. involvement or de-escalation efforts could shift markets.
Geopolitical risk remains elevated, but the market is currently pricing in a contained conflict.
Key Support and Resistance Levels
Resistance Level 1: 6,058
Resistance Level 2: 6,138
Resistance Level 3: 6,200
Support Level 1: 5,953
Support Level 2: 5,913
Support Level 3: 5,845
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
S&P 500 Daily Chart Analysis For Week of June 13, 2025Technical Analysis and Outlook:
The S&P 500 Index has displayed both upward and downward movements throughout this week's trading session, narrowly missing the targeted Outer Index Rally level of 6073. Currently, the index is characterized by a bearish trend, warranting attention towards the Mean Support level of 5940, with additional critical support identified at 5888.
Conversely, there exists a significant potential that, upon reaching the Mean Support of 5940, the index may recover and rise to the Mean Resistance level of 6046. This upward movement could facilitate an interim rally, culminating in the completion of the Outer Index Rally at 6073 and enabling the index to address the Key Resistance level positioned at 6150.
up or down...Hello friends🙌
🔊As you can see, the US500 index has been identified with several resistance encounters and the good support that the price has been able to break the resistance and turn it into support. Now, according to today's news, it seems that the price is targeting higher targets that we have identified for you.
In case of correction, it has strong support ahead of it, which we have identified with a white line, but don't forget that buyers have entered...📈
🔥Join us for more signals🔥
Trade safely with us.
Another leg of bull market comingBeing bearish in the stock market—especially after such a big correction and a V-shaped recovery—is definitely not a good idea. Probability and past history are against you. If Trump succeeds in bringing more jobs by tarrifs and reduce government expending as he promises, it could easily keep the uptrend going for the next two years and push past the 10,000 level, just like 2018 and 2020