SP500 Chart and Technical Analysis

The SP500 chart catalogue below is an aggregation of the Technical Analysis and Outlook published ideologies in the TradingView platform whenever TradeSelecter.com posts new market developments that become known.

The Standard & Poor's 500 Index, or the S&P 500 Index, is a market-capitalization-weighted index of 500 well-known/leading publicly traded companies in the United States - Click on the link below to access the chart and ''Update Idea.''

S&P 500 Daily Chart Analysis For Week of March 17, 2023

The Spooz downward trend continued earlier in the week and completed our Interim Inner Index Dip 3820 - The upside rebound followed in the second part of the week by hitting the Mean Res 3927. The rebound should continue to Intermediate Outer Index Rally 3980; however, the retracement to Mean Sup 3878 is predisposed.

S&P 500 Daily Chart Analysis For Week of March 10, 2023

The Spooz downward spiral continued this week - Mean Supports 3955 and 3890 were hit extensively. The downward spiral to the Interim Inner Index Dip 3820 will continue this upcoming week and possibly trigger a significant retest of the Key Sup and Interim Inner Index Dip 3785. The main upside target is designated to Mean Res 3927 from 3820 and/or 3785 price point.

S&P 500 Daily Chart Analysis For Week of March 3, 2023

The Spooz has completed an interim retreat (60 min chart - not shown).
The upside target is designated at Mean Res 4080 with the possibility of extending to Mean Res 4080. Notwithstanding, the newly created Mean Sup 3955 is our intermediate downside target - Retest. The downward spiral to the Inner Index Dip 3785 is to be continued within this week and undoubtedly next week's price action.

S&P 500 Daily Chart Analysis For Week of February 24, 2023

The index Mean Res 4145 was the culprit target with the recent Intermediary Up Trend as shown on S&P 500 Daily Chart Analysis For the Week of Feb 17; all three targets were hit - Mean Sup 4060, Mean Sup 4015, and the Inner Index Dip 3980. The newly created Mean Res 4028 is our intermediate upside target - Dead-cat bounce. Keep in mind that the current bearish market sentiment is intact. There is a significant possibility that the Mean Sup 3890 and retest could be undertaken of Key Sup 3785 and completed of the Inner Index Dip 3785 as well.

S&P 500 Daily Chart Analysis For Week of February 17, 2023

The index continues to respect our Mean Sup 4060 target as shown on S&P 500 Daily Chart Analysis For the Week of Feb 10. The newly created Mean Res 4145 is our intermediate upside target - However, keep in mind that the temporary bearish market sentiment is intact, and a significant possibility that the Mean Sup 4060 retest could be undertaken with an eye on the inner stepping stone of Mean Sup 4015 and completion of the Inner Index Dip 3980.

S&P 500 Daily Chart Analysis For Week of February 10, 2023

Spooz hit our Mean Sup 4060 target as shown on S&P 500 Daily Chart Analysis For the Week of Feb 3. With the confirmation of the Key Res $4180 in place, the current dead cat rebound is expected to take us to Mean Res 4120 - However, keep in mind that the bullish market sentiment is intact, and a significant possibility that the Key Res $4180 retest could be launched with an eye on completion of the Outer Index Rally 4230. But if all fails, the index will take us down to two Mean Support targets: 4015 and 3970, for this week's trading scenario.

S&P 500 Daily Chart Analysis For Week of February 3, 2023

Spooz hit our target Outer Index Rally 4140 and beyond. The development of the Key Res $4180 is in progress. The bullish market sentiment is intact. The pullbacks with this ongoing rally are expected to target the newly created Mean Sup 4060, and possibly an extension to the crime scene Mean Sup 4015.

S&P 500 Daily Chart Analysis For Week of January 27, 2023

Spooz continuously displays a bullish influence on the current market sentiment, with the upside trend hitting our targets Mean Res 4085 and continuous driving momentum to Outer Index Rally 4140. The pullbacks with this ongoing rally are expected to target Mean Sup 4015 and possibly extension to Mean Sup 3970.

S&P 500 Daily Chart Analysis For Week of January 20, 2023

The upside target to the Mean Res 4820 was targeted within a mid-week, with the hasty pullback to our designated Men Sup 3950 and 3890. The index continuously displays a bullish influence on the current market sentiment with upside replication of targets to Mean Res 4020. Key Res 4085 and Outer Index Rally 4140. The pullbacks with this upcoming major rally are to be expected.

S&P 500 Daily Chart Analysis For Week of January 13, 2023

The completion of Inner Index Dip 3785 was a significant upsurge platform. The upside target to the Mean Res 4820 is in the process of being finalized, and the index continuously displays a bullish influence on the current market sentiment. The additional upside moves to Mean Res 4085, with Outer Index Rally 4140 currently being at the crosshair. The sudden pullback from hitting the Mean Res 4020 is expected to Men Sup 3950.

S&P 500 Daily Chart Analysis For Week of January 6, 2023

The downtrend to Inner Index Dip 3785 was completed two weeks ago and retested. The upside target to the Mean Res 3880 has been finalized, and the index continuously displays a bullish influence with the current market sentiment. The additional upside moves to Mean Res 4020, 4085, with Outer Index Rally 4140 currently being at the crosshair. The pullbacks with this upcoming major rally are to be expected.

S&P 500 Daily Chart Analysis For Week of December 30, 2022

The downtrend to Inner Index Dip 3785 has been completed in the previous week and retested once again this week. The upside target to the Mean Res 3880 continuously plays with the current market sentiment. The additional upside moves to Mean Res 4020, 4085, with Outer Index Rally 4140 currently being at the crosshair. The pullbacks with this upcoming major rally are to be expected.

S&P 500 Daily Chart Analysis For Week of December 23, 2022

The downtrend sentiment to Inner Index Dip 3785 has been completed as specified in the S&P 500 Daily Chart Analysis For the Week of December 16. The upside target to the newly created Mean Res 3880 is in play, with the additional upside moving to Mean Res 4020, 4085 with Outer Index Rally 4140 currently being revived per the current market sentiment. The pullbacks with this upcoming major rally are to be expected.


S&P 500 Daily Chart Analysis For Week of December 16, 2022

Outer Index Rally 4140 is currently being shelved. The downtrend sentiment points to a newly created Inner Index Dip 3785, with the possibility of extension to Mean Sup 3720. The Mean Sup 3860 is a stronghold for the time being, as specified in the S&P 500 Daily Chart Analysis For the Week of December 9. The upside target to the Mean Res 3912 is likely from the current position or once the dip is completed. Of course, the question is, “From which support/outcome level will this puppy break enacting finalization of the down movement?

S&P 500 Daily Chart Analysis For Week of December 9, 2022

Outer Index Rally 4140 is currently postponed. The downtrend sentiment points to a newly created Mean Res $3965, with the possibility of a support level of the Mean Sup 3860 emerging first as the primary target destination. The upside target to the Mean Sup 3965 is probable once the dip to the Mean Sup 3860 is completed. Of course, the question is always “Which way will this puppy break from the current position?”

S&P 500 Daily Chart Analysis For Week of December 2, 2022

Outer Index Rally 4140 is currently in play. The uptrend sentiment might be temporarily restricted by Mean Res 4085 and Mean Res 4110. The downside target to the Mean Sup 3948 is likely once the major rally to the above outcome is completed. The possibility of additional previously specified support levels will emerge - See previous chart analysis postings.

S&P 500 Daily Chart Analysis For Week of November 25, 2022

Outer Index Rally 4060's upside target (As shown on Chart Analysis For the Week of November 18) with the additional target is potential #2 Outer Index Rally 4140. The current sentiment is confirmed by the obsoletion of the Mean Res 3995; The downside target to the newly created Mean Sup 3948 is very probable before a major rally to the above outcome. The possibility of extension to Mean Sup 3745 and beyond is delayed in the foreseeable future.

S&P 500 Daily Chart Analysis For Week of November 18, 2022

Outer Index Rally 4060's upside target (As shown on Chart Analysis For the Week of November 11) is currently in progress along with potential #2 Outer Index Rally 4140; however, the newly created Mean Res 3995 is in the interim a roadblock. The downside selected target to Mean Sup 3915 is very high once the completion(s) is triggered, with the possibility of extension to Mean Sup 3745 and beyond - in the foreseeable future.

S&P 500 Daily Chart Analysis For Week of November 11, 2022

Outer Index Rally 3975's upside target (As shown on Chart Analysis For the Week of November 4) has been completed, along with two additional rebound stages, Mean Res 3900 and Mean Res 3955. Currently, designated upside targets are Outer Index Rally 4060 and 4140, respectively. The downside selected target to Mean Sup 3915 is very high, with the possibility of extension to Mean Sup 3745 and beyond - in the foreseeable future.

S&P 500 Daily Chart Analysis For Week of November 4, 2022

S&P 500 Daily Chart Analysis For Week of October 28, 2022

S&P 500 Daily Chart Analysis For Week of October 21, 2022

S&P 500 Daily Chart Analysis For Week of October 14, 2022

S&P 500 Daily Chart Analysis For Week of October 7, 2022

S&P 500 Daily Chart Analysis For Week of September 30, 2022

S&P 500 Daily Chart Analysis For September 23, 2022

S&P 500 Daily Chart Analysis For September 16, 2022

S&P 500 Daily Chart Analysis For September 9, 2022

S&P 500 Daily Chart Analysis For September 2, 2022

S&P 500 Daily Chart Analysis For August 26, 2022

S&P 500 Daily Chart Analysis For August 19, 2022

S&P 500 Daily Chart Analysis For August 12, 2022

S&P 500 Daily Chart Analysis For August 5, 2022

S&P 500 Daily Chart Analysis For July 29, 2022

S&P 500 Daily Chart Analysis For July 22, 2022

S&P 500 Daily Chart Analysis For July 15, 2022

S&P 500 Daily Chart Analysis For July 8, 2022

S&P 500 Daily Chart Analysis For July 1, 2022

S&P 500 Daily Chart Analysis For June 24, 2022

S&P 500 Daily Chart Analysis For June 17, 2022

S&P 500 Daily Chart Analysis For June 10, 2022

S&P 500 Daily Chart Analysis For June 3, 2022

S&P 500 Daily Chart Analysis For May 27, 2022

S&P 500 Daily Chart Analysis For May 20, 2022

S&P 500 Daily Chart Analysis For May 13, 2022

S&P 500 Daily Chart Analysis For May 6, 2022

S&P 500 Daily Chart Analysis For April 29, 2022

S&P 500 Daily Chart Analysis For April 22, 2022

S&P 500 Daily Chart Analysis For April 15, 2022

S&P 500 Daily Chart Analysis For April 8, 2022

S&P 500 Daily Chart Analysis For April 1, 2022

S&P 500 Daily Chart Analysis For March 25, 2022

S&P 500 Daily Chart Analysis For March 18, 2022

S&P 500 Daily Chart Analysis For March 11, 2022

S&P 500 Daily Chart Analysis For March 4, 2022

S&P 500 Daily Chart Analysis For February 25, 2022

S&P 500 Daily Chart Analysis For February 18, 2022

S&P 500 Daily Chart Analysis For February 11, 2022

S&P 500 Daily Chart Analysis For January 31, 2022

S&P 500 Daily Chart Analysis For January 28, 2022

S&P 500 Daily Chart Analysis For January 21, 2022

S&P 500 Daily Chart Analysis For January 14, 2022

S&P 500 Daily Chart Analysis For January 7, 2022

S&P 500 Daily Chart Analysis For December 31, 2021

S&P 500 Daily Chart Analysis For December 28, 2021

S&P 500 Daily Chart Analysis For December 17, 2021

S&P 500 Daily Chart Analysis For December 11, 2021

S&P 500 Daily Chart Analysis For November 28, 2021

S&P 500 Daily Chart Analysis For November 13, 2021

S&P 500 Daily Chart Analysis For November 8, 2021

S&P 500 Daily Chart Analysis For October 5, 2021

  • October 7, 2021 ''Update Idea'' post.
  • October 13, 2021 ''Update Idea'' post.

S&P 500 Daily Chart Analysis For October 16, 2021

S&P 500 Daily Chart Analysis For October 23, 2021

S&P 500 Daily Chart Analysis For October 30, 2021