Hello, good day traders! 👋🤙
I'm looking for a potential sell 📉 setup for $S&P 500 Index (.SPX.US)$ , with both fundamental and technical indicators to back it up.
‌
📰Fundamentally,
Wall Street was mostly lower at the start of a holiday-shortened week, as investors weighed the prospect of prolonged restrictive Fed policy against China's relaxation of strict zero-COVID rules.
Interest rate sensitive growth stocks weighed the most heavily, dragging down the tech...

Hello, good day traders! 👋🤙
I'm looking for a potential sell📉 setup for $S&P 500 Index (.SPX.US)$ , with both fundamental and technical indicators to back it up.
📰Fundamentally,
Stocks decline following strong economic data.
Data indicate a robust labor market and quicker economic growth than previously believed.
The last few weeks have seen choppy stock prices. The market has been affected by the Federal Reserve's announcement that it will keep rais...

Hello, good day traders! 👋🤙
I'm looking for a potential sell📉 setup for $S&P 500 Index (.SPX.US)$ , with both fundamental and technical indicators to back it up.
‌
📰Fundamentally,
Stocks fell on Friday, adding to their year-end decline, as concerns about a potential recession rise as a result of the Federal Reserve's ongoing rate hikes.
The indexes experienced losses for the second week in a row. The S&P 500 dropped 2.08% for the week, bringing its losses for December to...

Hello, good day traders! 👋
I'm looking for a potential buy📈 setup for  $S&P 500 Index (.SPX.US)$ , with both fundamental and technical indicators to back it up.
‌
📰Fundamentally,
The week ahead includes key market-moving events such as November Consumer Price Index (CPI) data on Tuesday morning and a Federal Open Market Committee (FOMC) decision on Wednesday afternoon, when the Fed is expected to raise the Fed funds rate by 50 basis points.
Market participan...

Hello, good day traders! 👋🤙
I'm looking for a potential buy📈 setup for $S&P 500 Index (.SPX.US)$ , with both fundamental and technical indicators to back it up.
📰Fundamentally,
In terms of the 200-day moving average, the SPX rose above this trendline on Wednesday, which has historically had bullish implications, after spending a long time below this popular moving average.
🤔On the technical front,
1.) Looking at the H4 chart, my overall bias is bullish wi...

Hello, good day traders! 👋🤙
I'm looking for a potential buy📈 setup for $S&P 500 Index (.SPX.US)$, with both fundamental and technical indicators to back it up.
📰Fundamentally,
The S&P 500 rallied and closed above its 200 day moving average for the first time since April after the release of Powell's remarks prepared for delivery at the Brookings Institution think tank in Washington.
Bets that the Fed will reduce the size of its rate hikes, as well as recent data pointing t...

Hello, good day traders! 👋🤙
I'm looking for a potential buy📈 setup for $S&P 500 Index (.SPX.US)$ , with both fundamental and technical indicators to back it up.
📰Fundamentally,
An extremely rare signal flashed in the stock market on Tuesday, suggesting big gains ahead.
That's according to Fundstrat's Tom Lee, who highlighted a surge in the put-to-call ratio despite a jump in the S&P 500.
Since 1997, there have been only three instances when the put-to-call ratio surged above...

Hello, good day traders! 👋🤙
I'm looking for a potential sell📉 setup for $S&P 500 Index (.SPX.US)$ , with both fundamental and technical indicators to back it up.
📰Fundamentally,
- Stocks fell to start the week as investors took a pause from last week’s big rally and digested a slew of corporate and economic news.
- “This week marks a bit of an information lull for markets as we’re past the brunt of third quarter earnings season, past the end-of-month/start-of-month econo...

Hello, good day traders! 👋🤙
I'm looking for a potential buy 📈 setup for $S&P 500 Index (.SPX.US)$, with both fundamental and technical indicators to back it up.
📰Fundamentally,
- S&P 500 May Gain After Mid Election: Leveraged ETFs to Tap
- With polls showing Republicans likely to win at least one house of Congress, analysts are speculating a further Washington gridlock. Whatever the scenario, stocks have historically seen the strongest stretch during the four-year pre...