SPY Classic 1WThis is my vision, now and in the current and expected future circumstances.Shortby mmj502
uranium bull run in placeURA ETF is close to second level breakout daily chart shows a breakout already. monthly chart is at resistance but can move higher in the next month. Cup and handle pattern has formed on the monthly chart. Electric cars will need to be charged and BYD is going to overtake Toyota and Volkswagon in the next decade. While the empire was busy occupying, China was quietly working to build its economy. Now the world can have cheap electric cars which need to be charged. Longby RogueCleanerUpdated 112
Spy to gain if we break 530 next week.I believe that we are in the middle of a strong uptrend, if spy can break the 530 barrier next week with strong volume, i think we will see a re test, and if it holds we can get to 540-560 by the middle of July. I currently have 555 calls for middle of July because i got them so cheap! If it rejects at 530, I think we will see another pullback and i will be selling my calls, any input is greatly apprecieted!Longby ksmith044210
Expired SPY Weekly outlook. 5th WK MAY 2024Expired SPY Weekly outlook. 5th WK MAY 2024 > NEUTRAL 📊 CORRECT Closed Price: 529.44 Target Price: 530 | Strike Price: 531.28 MAY28 24' Upper Range: 551 Lower Range: 510 by putIQ1
The rotation from Tech to Oils has begunI've been suggesting this for a while but the accelerator has been pressed hard today. rotation out of tech (XLK) into oils (XLE). Has a lot of room to run.Longby WVS_Stockscreen0
HydrogenHYDR has not broken out yet, but it’s threatening to do so, and I think it’s clear based on the preponderance of evidence that Hydrogen sector has bommomed.Longby Shammus010
Hydrogen ETFs breaking outYet another hydrogen etf that is breaking out of the “bear fib channel”. These sector etf’s originated at a recent localized peak in PLUG. All they have done so far is come down. Nobody knows what will happen, or how the prices will move when the sector sees real inflow for the first time. The governments are out there spewing hydrogen right now, and the ETFs are looking bottomy, and the stocks, although battered, are also looking bottomy.Longby Shammus010
Opening (IRA): TQQQ July 19th 53 Short Put... for a 1.77 credit. Comments: Adding a short put element to my TQQQ covered call on weakness.Longby NaughtyPines0
Opening (IRA): ARKK July 19th 39 Short Put... for a .77 credit. Comments: Adding a short put element to my ARKK covered call position on weakness.Longby NaughtyPines0
Volume will be all selling on SPYVolume has been so low as traders look for a new all time high, but big money is about to pull the plug. Going into the weekend ted as a baboon's butt. Shortby SPY_Trader0
SPY Red Alert below 524.61 we need to look downWe have a Demark 13 weekly exhaustion count, 5th wave 1.0 extension on EW, negative divergence on the weekly MACD and failed breakout, if we don't close above 524.61 for the week then the market looks in troubleby bcjsin20200
UVXY 15min ScalpSPX will decrease in price from June 3->June 10/11. Were you aware? Now you are. What can you do? This is one option to make money while market declines short term. The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the performance of the S&P 500 VIX Short-Term Futures Index for a single day. The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future.Longby TheCryptoChartWhisperer1
GBTC BarsGrayscale is following similar bar pattern fractal as previous 2 cycles and hitting resistance on major macro trendlines coming off the previous ATH. Nice steady uptrend since beginning of 2023Longby CBKWahooUpdated 9
3 men make a tiger - the power of beliefRead this interesting story here :https://www.shine.cn/feature/art-culture/2306162717/ Our mind is constantly bombarded with news, false information, fake news, rumours, gossips,etc everyday. Our attention span is decreasing by the seconds each day upon receiving a piece of news. We are too scattered and deplete our energy over many useless stuff that steal our attention, energy and adds no value to our lives. The good news is - we can control it. Make a conscious choice today in deciding what you want to read. For example, if you are like me, invested in Amazon, Meta, Apple, etc then corporate news about them may be of interest to you. This is my first priority so any companies that I am not vested in , I usually skipped them. Then, macroeconomic news for which I am personally interested in, I would spend some time to read and understand from various sources. Charts took a big junk of my time as I like to analyse their historical patterns and map out their strategy based on current happenings. For example, I loaded more to ride on the AI wave with the tech companies (ie increasing my shares) and apportioned less to other sectors (healthcare, financial, etc). I also spend time alone with myself - going for walks, run or swim. This me time is important as it helps to declutter my mind and push away stuff that are of less priority. Once you are married , have a family and kids , time management becomes more crucial as you need to take into consideration of your partner's needs as well. Housework, running errands etc will come when you least expect it. Thus, I have to be disciplined like keeping to 1 hour for swimming using my Apple watch to track. With fewer material needs to fulfil, all these advertisements in the malls, discounts on or offline does not sway me into a frenzy state that perhaps other may be. Keep your life simple. Oh, I also like gardening and that is a mental retreat for me daily. Pruning the plants, propagate new shoots, adding fertilizer, taking pictures of the flowers help me to stay closer to nature and most importantly the unnecessary lure towards online activities . Believe in your long term goal of achieving financial independence. Spend time imagining what kind of lifestyle would you be having, making the scene as vivid as possible. Revisit them often as if they are in the present and do not let your present circumstances influence you in any way. I have use this successfully to quit smoking, learn swimming, investing and many others. The process may seems slow initially but it will heighten your mental alertness to a new level , clearing your mind from the woods of the jungle. You will gain clarity as you invest more time , quality time in your goals. Write them down is POWERFUL and see them each night before you sleep. Keep it short and positive. All that you behold, it seems without, it is within your imagination Of which this world of mortality is but a shadow - William BlakeLongby dchua1969Updated 3
S&P stalls in indecision; still bullishLast week was marked with indecision. Market was moving in a narrow range while Buyers were waiting for FOMC ad NVDIA’s earnings. After receiving positive confirmation (FOMC neutral, earnings good) market tried to go higher but found no support from large players. Sellers took advantage of the weakness and dropped price, clearing many weak longs established in the previous 5 days. It was a strong move but for some reason sellers lacked conviction to go lower. Price pivoted after filling the gap from Wednesday 15th and went back into the balance zone ( 527.5-531.5 ). We should expect more pushes and pulls in the short term while market is fishing for new information. To confirm their control buyers must clear last week high ( 533 ) and build value above it. Bears’ objective is to break last week low ( 525 ). Until it happens the most likely scenario is bracketing within last week range. It is important to note that while short term direction is unclear, we are still in weekly uptrend. So bears must work twice hard to prove their strength Disclaimer I don't give trading or investing advice, just sharing my thoughts. by hermes_trismeUpdated 117
$SPY range $479-$529, the path to the top (and bear market)AMEX:SPY looks to be showing signs of weakness here. Thinking that we could see the first large decline of the year into one of the support levels below $479-$495. Breaking the trend line would be the trigger. If that happens and we do get a low, then I think we'll have one final rally to the upper resistance levels between $525-$530. Another possibility, is we just continue upwards to the top resistance levels and then decline after. Idea of a range is you want to buy the lows (supports on chart) and sell the highs (resistances chart). Regardless of the path we take, we're nearing a top in the market and after we hit those top levels, I expect a large decline lower (one that takes us past the prior 2022 lows). Ultimately looking for SPY to reach the $280-300 level by the end of 2024. But let's save that analysis after we see what happens in this range. by benjihyamUpdated 222222
Hydrogen breakoutHi, four of the hydrogen ETFs that I track are breaking out. The whole sector is breaking out. I’m in Fcel, so good luck out there. You can put a channel on HYDR, HTWO, HDRO, and HJEN, and see they’re all breaking outLongby Shammus010
SPY turns bearish After pulling away from the upper Bollinger band earlier this week, the MACD has indicated that this Bullshit are about to be taken to the woodshed. Selling calls is easy money IMHO.Shortby SPY_Trader1
$SQQQ reversalWith the CAT system going into effect 5/31, market could respond bearish. Gap play. 🎯 %15 Backtest gap resistance 🎯%18 Gap fill 🎯 %25 Trend break targetLongby Zia_trades1
SPY levels - Time to be patient Let's quickly review some levels in SPY. I can see potential support at 525 as a base flip level. 523 also looks like support - here are 21 EMA + the flag bottom + gap fill. The obvious resistance here is 532-533. One key thing I want to mention: the market is now ranging, and it's important to be patient and give it some time to form clearer price action and confirm the next momentum.by ivanistradingUpdated 4
FXI - Testing the BreakoutAs anticipated, FXI is testing the breakout level just below 27. Good spot to add more if you have been following this from the recent double bottom buy call a while back.Longby AssetDesign0
$SPY Triple Top...AMEX:SPY getting spicy here, looks like a triple top for now headed into a lot of world news, ie Iran/Israel/Biden ... I think we've been overdue for a correction, this is a VERY solid base to start a downtrend and fill some gaps before heading back up for Trump Presidency... Buy the rumor stuff... No positions, will look for continuation tomorrow... - Prof Shortby Prophecies_R_UsUpdated 9