Technical Analysis of S&P500 (16Dec2024) - using over 20 indicators-To The Moon - Tiger Brokers Online Investing Community - To The Moon

36
4
Favorite

Technical Analysis of S&P500 (16Dec2024) - using over 20 indicators

KYHBKO
12-16

Market Outlook of S&P500 - 16Dec24

Observations:

The MACD indicator is showing a downtrend.
Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long-term.
The 3 Exponential Moving Averages (EMA) lines are on an uptrend but are looking to converge (implying a potential change in trend).
Chaikin’s Monetary flow (CMF) shows an uptrend. However, there seems to be more selling momentum than buying. This can lead to a potential trend change.

The 20 indicators are pointing to a “Strong Buy” rating for the S&P500 (for Daily interval). 16 indicators recommend a “Buy” and 4 recommend a “Sell” rating.

From the candlestick pattern, the latest seems to point to a more “bearish” outlook amidst the ranging pattern.

From the above, the S&P500 should see a downtrend in the coming days.

$SPDR S&P 500 ETF Trust(SPY)$

$Cboe Volatility Index(VIX)$

# 2024 Outlook: How Will Story Unfold?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

36

Report

Comment（4）

Top
Latest

DIMCO
·12-16
TOP
Your analysis is thorough and highlights the mixed signals brilliantly.
Reply
1
Report
Fold Replies
- KYHBKO:
  thank you. an honest view helps us to navigate better.
  12-16
  Reply
  Report
LouisLowell
·12-16
Great breakdown
Reply
1
Report
Fold Replies
- KYHBKO:
  thanks. all the best
  12-16
  Reply
  Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":382079709565000,"tweetId":"382079709565000","gmtCreate":1734312499014,"gmtModify":1734316990996,"author":{"id":3574381076586256,"idStr":"3574381076586256","authorId":3574381076586256,"authorIdStr":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"userType":2,"introduction":"Let us create value through sharing of insights & exchange of ideas","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.21","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":10591,"starInvestorFlag":false},"themes":[{"themeId":"dde660400a3046dfa4407a6de7eaf846","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"2024 Outlook: How Will Story Unfold?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":dde660400a3046dfa4407a6de7eaf846}&rnconfig={\"headerBarHidden\": true}","description":"With the end of the year approaching, major institutions begin to provide outlook for US stock market in 2024.\nHow do institutions expect for 2024?\nWill the bull market continue?\nHow about expectations for inflations and rate hike?\nWhat's your attitude: Cautious or Bold?","image":"https://community-static.tradeup.com/news/7ae07813657b8b07147ca56cda7e4018"}],"images":[{"img":"https://community-static.tradeup.com/news/a5200f801a29fd0a57f6b5ef1de47084","width":"1456","height":"749"},{"img":"https://community-static.tradeup.com/news/97293678a6764e797a352e172dc2481c","width":"1456","height":"861"},{"img":"https://community-static.tradeup.com/news/9ccc98d892b1487fbd044dc8a153c36c","width":"1426","height":"1562"},{"img":"https://community-static.tradeup.com/news/fd6c1aa2ac259405d77089fffa9896af","width":"892","height":"1248"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/a5200f801a29fd0a57f6b5ef1de47084","width":"1456","height":"749"},{"img":"https://community-static.tradeup.com/news/97293678a6764e797a352e172dc2481c","width":"1456","height":"861"},{"img":"https://community-static.tradeup.com/news/9ccc98d892b1487fbd044dc8a153c36c","width":"1426","height":"1562"}],"title":"Technical Analysis of S&P500 (16Dec2024) - using over 20 indicators","html":"<html><head></head><body><h2>Market Outlook of S&amp;P500 - 16Dec24</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5200f801a29fd0a57f6b5ef1de47084\" tg-width=\"1456\" tg-height=\"749\"></p>\n<p style=\"text-align: left;\"><strong>Observations:</strong></p>\n<ul>\n <li>\n  <p>The MACD indicator is showing a downtrend.</p></li>\n <li>\n  <p>Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long-term.</p></li>\n <li>\n  <p>The 3 Exponential Moving Averages (EMA) lines are on an uptrend but are looking to converge (implying a potential change in trend).</p></li>\n <li>\n  <p>Chaikin’s Monetary flow (CMF) shows an uptrend. However, there seems to be more selling momentum than buying. This can lead to a potential trend change.</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/97293678a6764e797a352e172dc2481c\" tg-width=\"1456\" tg-height=\"861\"></p>\n<p style=\"text-align: left;\">The 20 indicators are pointing to a “Strong Buy” rating for the S&amp;P500 (for Daily interval). 16 indicators recommend a “Buy” and 4 recommend a “Sell” rating.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9ccc98d892b1487fbd044dc8a153c36c\" tg-width=\"1426\" tg-height=\"1562\"></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fd6c1aa2ac259405d77089fffa9896af\" tg-width=\"892\" tg-height=\"1248\"></p>\n<p style=\"text-align: left;\">From the candlestick pattern, the latest seems to point to a more “bearish” outlook amidst the ranging pattern.</p>\n<p style=\"text-align: left;\">From the above, the S&amp;P500 should see a downtrend in the coming days.</p>\n<p></p>\n<p><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a></p>\n<p><a href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a></p>\n<p><a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a></p>\n<p><a href=\"https://ttm.financial/S/VIX\">$Cboe Volatility Index(VIX)$</a></p>\n<p></p></body></html>","htmlText":"<html><head></head><body><h2>Market Outlook of S&amp;P500 - 16Dec24</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5200f801a29fd0a57f6b5ef1de47084\" tg-width=\"1456\" tg-height=\"749\"></p>\n<p style=\"text-align: left;\"><strong>Observations:</strong></p>\n<ul>\n <li>\n  <p>The MACD indicator is showing a downtrend.</p></li>\n <li>\n  <p>Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long-term.</p></li>\n <li>\n  <p>The 3 Exponential Moving Averages (EMA) lines are on an uptrend but are looking to converge (implying a potential change in trend).</p></li>\n <li>\n  <p>Chaikin’s Monetary flow (CMF) shows an uptrend. However, there seems to be more selling momentum than buying. This can lead to a potential trend change.</p></li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/97293678a6764e797a352e172dc2481c\" tg-width=\"1456\" tg-height=\"861\"></p>\n<p style=\"text-align: left;\">The 20 indicators are pointing to a “Strong Buy” rating for the S&amp;P500 (for Daily interval). 16 indicators recommend a “Buy” and 4 recommend a “Sell” rating.</p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9ccc98d892b1487fbd044dc8a153c36c\" tg-width=\"1426\" tg-height=\"1562\"></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fd6c1aa2ac259405d77089fffa9896af\" tg-width=\"892\" tg-height=\"1248\"></p>\n<p style=\"text-align: left;\">From the candlestick pattern, the latest seems to point to a more “bearish” outlook amidst the ranging pattern.</p>\n<p style=\"text-align: left;\">From the above, the S&amp;P500 should see a downtrend in the coming days.</p>\n<p></p>\n<p><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a></p>\n<p><a href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a></p>\n<p><a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a></p>\n<p><a href=\"https://ttm.financial/S/VIX\">$Cboe Volatility Index(VIX)$</a></p>\n<p></p></body></html>","text":"Market Outlook of S&P500 - 16Dec24 Observations: The MACD indicator is showing a downtrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long-term. The 3 Exponential Moving Averages (EMA) lines are on an uptrend but are looking to converge (implying a potential change in trend). Chaikin’s Monetary flow (CMF) shows an uptrend. However, there seems to be more selling momentum than buying. This can lead to a potential trend change. The 20 indicators are pointing to a “Strong Buy” rating for the S&P500 (for Daily interval). 16 indicators recommend a “Buy” and 4 recommend a “Sell” rating. From the candlestick pattern, the latest seems to point to a more “bearish” outlook amidst the ranging pattern. From the above, the S&P500 should see a downtrend in the coming days. @TigerStars $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Cboe Volatility Index(VIX)$","highlighted":1,"essential":1,"paper":2,"likeSize":36,"commentSize":4,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/382079709565000","repostId":0,"isVote":1,"tweetType":1,"viewCount":413,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["VIX",".SPX","SPY"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":835,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":382318824419720,"commentId":"382318824419720","gmtCreate":1734317483511,"gmtModify":1734329622697,"authorId":3479274730589341,"author":{"id":3479274730589341,"idStr":"3479274730589341","authorId":3479274730589341,"name":"DIMCO","avatar":"https://static.tigerbbs.com/d19479028ad9f5265647d85d6157c5be","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382079709565000,"objectIdStr":"382079709565000","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Your analysis is thorough and highlights the mixed signals brilliantly.","text":"Your analysis is thorough and highlights the mixed signals brilliantly.","html":"Your analysis is thorough and highlights the mixed signals brilliantly.","likeSize":1,"commentSize":1,"subComments":[{"id":382427775140184,"commentId":"382427775140184","gmtCreate":1734342982657,"gmtModify":1734342987494,"authorId":3574381076586256,"author":{"id":3574381076586256,"idStr":"3574381076586256","authorId":3574381076586256,"name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.21","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":382079709565000,"objectIdStr":"382079709565000","type":1,"supId":382318824419720,"supIdStr":"382318824419720","prevId":0,"prevIdStr":"0","content":"thank you. an honest view helps us to navigate better.","text":"thank you. an honest view helps us to navigate better.","html":"thank you. an honest view helps us to navigate better."}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":382323409408216,"commentId":"382323409408216","gmtCreate":1734317482431,"gmtModify":1734329605342,"authorId":9000000000000500,"author":{"id":9000000000000500,"idStr":"9000000000000500","authorId":9000000000000500,"name":"LouisLowell","avatar":"https://static.tigerbbs.com/a51412b5aac615981882d381acd5a334","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382079709565000,"objectIdStr":"382079709565000","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great breakdown","text":"Great breakdown","html":"Great breakdown","likeSize":1,"commentSize":1,"subComments":[{"id":382407270232448,"commentId":"382407270232448","gmtCreate":1734342960839,"gmtModify":1734342965890,"authorId":3574381076586256,"author":{"id":3574381076586256,"idStr":"3574381076586256","authorId":3574381076586256,"name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.21","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":382079709565000,"objectIdStr":"382079709565000","type":1,"supId":382323409408216,"supIdStr":"382323409408216","prevId":0,"prevIdStr":"0","content":"thanks. all the best","text":"thanks. all the best","html":"thanks. all the best"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}