Besides the TTM squeeze being fired off - I've seen some hedgies go to cash, PLUS I'm seeing huge dark pool buying for 2x and 3x BEARISH SPY ETF's. I bought some $11 SPXS puts for .07 a piece as a hedge. There was a ton of OI in those calls... Links to dark pool buying in the comments.
SPY (S&P500 ETF) has been in an uptrend since 2023 and is approaching its all-time-high price resistance again. $523.07 is the current all-time-high price resistance. $497.83 is the current support level price, and also the 0.236 fibonacci level. Bullish Scenario: If SPY price breaks out above $523.07, the next resistance price targets could be: $537, $550,...
Everybody familiar with head. shoulders, knees and toes???... Didn't close below 200 did we? Either way we still bullish on tesla. Bias stays the same.
This is SPY Weekly. I have clearly explained the levels. If you have any doubts make sure to DM me. NOTE:GO LONG ONLY WITH DEFINED SLs
Expired SPY Weekly outlook. 3rd WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 520.84 Target Price: 524 | Strike Price: 528 MAY15 24' Upper Range: 532 Lower Range: 516
Welcome to Spy weekly. I have discussed the levels and my expectation of the market. If you have any doubts feel free to msg me.
Expired SPY Weekly outlook. 2nd WK MAY 2024 > NEUTRAL 📊 CORRECT Closed Price: 511.29 Target Price: 512.94 | Strike Price: 518.48 MAY7 24' Upper Range: 518.96 Lower Range: 506.92
Welcome to SPY weekly and I have clearly explained which levels to trade & what direction market can take. If you have any questions feel free to DM NOTE: AVOID TRADING SPY
Expired SPY Weekly outlook. 1st WK MAY 2024 > NEUTRAL 📊 CORRECT Closed Price: 508.26 Target Price: 509.87 | Strike Price: 510 APR29 24' Upper Range: 518.30 Lower Range: 501.43
I have explained the current situation in SPY so trade it very carefully. If you do trade then ge ready to burn your capital. NOTE:STAY AWAY FROM SPY
From a technical perspective, there hasn't been a definitive signal indicating a trend reversal for the SPY 500. Back in May to October 2023, the SPY exhibited a clear "M" pattern or double top, experiencing a drop of approximately 5%, retracing back, and then dropping around 10%, forming the M pattern. If we compare this M pattern with the current price action,...
if it dont go above 512$ then we can see 470$ coming month.
After the closing bell on Tuesday, Tesla reported its earnings for the first quarter of 2024. Despite the report showing a 9% YoY decline in total revenue and a staggering 55% YoY drop in net income, along with an increase in operating costs by 37% YoY, shares of the company soared more than 12% in the aftermarket. The price action, however, was not the same for...
Welcome to spy weekly. I have discussed the price action in the best logical way possible. If you have any doubts, feel g=free to shoot a message. NOTE:FOCUS ON PRICE ACTION
$5000 level is the target of this uptrend. Weekly chart shows that recession It is too early! EMA-150 and EMA-200 is used on this chart to determine the trend... Also we have bullish MACD divergence !
NVIDIA SELL ENTRY - $840 CURRENT PRICE - $762 #SPY500 #NAS100 are looking weak at the moment obv trending down
In April, the markets navigated a sluggish terrain, witnessing pullbacks from the record highs achieved in March for both the S&P 500 and the Dow. Meanwhile, the NASDAQ experienced a marginal dip, bolstered by specific technology stocks. Persistent concerns surrounding inflation lingered, exacerbated by the latest Consumer Price Index data revealing a 3.5% annual...
E-mini S&P (June) / E-mini NQ (June) S&P, yesterday’s close: Settled at 5104.00, down 63.50 NQ, yesterday’s close: Settled at 17,876.25, down 303.00 E-mini S&P and E-mini NQ futures finished sharply lower for the second day in a row as both geopolitics and rising rates act as major headwinds to investors’ risk appetite. We are viewing this pullback as healthy...