S&P 500 Analysis Feb 2020

 03-Feb-2020: More Fall Can be seen

CMP: 3245; Res: 3298/3338
As long as the above resistances hold, we can see 3193-3168 first and further 3154, 3130-3114...
Best Sell entry: 3265-3277, Max SL 3298.

02-Feb-2020

CMP: 3223.x; Res: 3281/3297/3338
Still we can see 3195-3160, extension can be 3130-3110.

S&P500: Down move resumes? 29-Jan-2020

5:34 PM IST Update: Added minor wave counts.

CMP: 3284.x; Res: 3291/3338; Sup: 3233
As long as 3291/3338 resists, we can see 3233 again and further 3226, 3211, 3186, 3162, extensions: 3123-3105...

INDEX: S&P 500: Upside correction? 28-Jan-2020

CMP; 3253.x; Res: 3265; Sup: 3242/3233
As long as supports hold, we will see 3263 again and further 3272-3279, 3290-3298...

Break of 3233, can lead to 3165-3135. Res will be 3265.

S&P 500: Upside correction? 27-Jan-2020

8:42 PM IST

Above 3255 bullish.

Tgts: 3272, 3285, 3306, 3325

CMP: 3250; Sup: 3234; Res: 3334
If 3234 supports, we can see 3259, 3274, 3286, 3298, 3307...

S&P 500: Bull? Analysis based on 5m chart 22-Jan-2020

CMP: 3333.x; Sup: 3330/3315/3307; Res: 3337
Still I expect to see some up move towards 3338-3344. Extensions can be 3347, 3352.

S&P Long Term Analysis 3800, 4300? 18-Jan-2020

CMP: 3328; Sup: 3275/3261/3181
As long as the above levels support, we will see 3373-3427 first, and further 3525-3579.
Long Term Targets: 3825-3883, 4229-4415...

What happened?
14-Jan-2020

18-Jan-2020

Weekly Chart
As long as S&P trades with this trend line, it is up trend. Strategy: buy on dips as long as trend line support holds.

S&P Analaysis: More upside left as last leg. 14-Jan-2020

CMP: 3289; Res: 3300; Sup: 3268/3261

Primary Scenario:

Can come down to 3286-3280 n reverse back to 3300.
Upside targets: 3302, [3308-3310 ultimate target], 3313, [3325-3331 extension].

Alternative Scenario:

If 3300 resists and we are in wave 4, can see 3271-3265-3260 n reverse back to 3300 first.

In both scenario, I expect to see 3295 again and more up.

S&P: Is top in place? 13-Jan-2020

CMP:3272.x; Res: 3279/3287

As long as the above resistances hold, we will see 3253-3246, 3237-3232 and further 3185-3180, 3121...

S&P Analysis 4-Jan-2019

CMP 2513
Sup: 2470/2438/2316
Res: 2521

If S&P supported by the above supports, we can see (2518 done), 2547-2555-2563, 2639, 2687, 2717, 2764, 2794.

Update 16-Jan-2019

INDEX: S&P 500 Analysis 03-Nov-2017

CMP 2575
Sup: 2415/2028/1981/1803

As long as 2415 supports, we can see 2581 (done), 2680, 2766.
Long Term targets: 2766, 3066, 3366 n more...

Important level to watch 2580-2600

INDEX: S&P 500

INDEX: S&P 500
CMP 2549
Res: 2555
Base Supports: 2484/2028/1981/1803

S&P remains in uptrend.
If 2555 resists, we can see a small correction towards 2538/2530.
Positionally, still looks for 2564/2578/2693/2809.

S&P Long Term Analysis 14-Apr-2017

CMP 2327.5

Are we going to see bigger correction in S&P after completing this up trend?

If you see the monthly chart, S&P resisted n supported by the following fib numbers 55, 233, 610, 987, 1597, next in the series 2584. So, will S&P going to be resisted by 2584? And we could see negative divergences in the weekly chart, which supports that, we will start bigger correction in coming months.