SPY Short SwingLooking for a pullback to 526 area, after pattern break, trade into pattern PoC. liquidity zone.Shortby Smart_Money_Cpyder224
SPY WEEKLY June 10 2024Welcome to SPY weekly. I have clearly explained the trades in this session. If you have any doubts feel free to ask me your doubts. NOTE: DO NOT RANDOMLY BUY CALLS Long14:48by THECHAARTIST115
Next Week's IWM, 21 Day Pivot Standard Deviation RangeLooks like the medium term bias is to the downside for small caps, as we see the weekly pivot (red solid line) fall below the monthly pivot (dark solid line) with AMEX:IWM closing below both. Both deviation boxes represent two standard deviations above and below the a moving monthly pivot. We may see demand in the lower deviation range if we fall to start off the week. A rally to start of the week will likely be met with resistance from our pivot points and a fresh downward move from the 21 day moving average. Investors that want to take advantage of this medium term bias could short volatility in the short term (June/July) for IWM using AMEX:TZA but bet bigger on long volatility in the longer term (September/January2025). Take any short term gains to the upside and hold onto your short thesis heading into the second half of the year, into 2025.Shortby D1Finance1
SPY BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! SPY is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 523.11. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals112
ARKK RELATIVE SPYseems to be another classicccccc quad bottom reversal.. am i right ? it is that easy? yes Longby Vogtna1
SPY short hunt is back onI will set an alert at the low of the last two days. At that point of the days internals look soft I will take a beginner level starter put position. The intent is to risk a small amount of $ to try and catch a day trade that I even still want to hold by the end of the day. Alert at 532.50 Shortby alleytrader1
$SPY RARE DOJI Outside Bar Setup AMEX:SPY RARE DOJI Outside Bar Setup The last Hammer OB led to new ALL TIME HIGHS but is this a BULL TRAP - Did they get GREEDY? My PLAN: 540C>536.21 | 530P<532.96 ❤️if ur in!by tradingwarzone5
SQQQ leveraged inverse QQQ LongSQQQ on the 15 minute chart has trended down into a reversal at the end of the last trading session. A snapshot of the 3 minute chart inlaid shows a reversal about 14:45 EDT 75 minutes before market close. I took a long trade of shares and call options striking $10.00 for June 14th at that point. I am expecting a 5% quick return on the shares and far more on the options. The relative volatility indictor is helpful to further pinpoint the reversal for best entry. (red to green) The set of Hull Moving Averages ( 14 and 35) also serves to signal "death" and "golden" crosses which serve to further aid trade entry accuracy. The relative volume indicator ( of veryfid) also helps in that regard. It has extreme volume spikes in black. OF particular interest, the last 15 minutes of the trading week has a volume spike of buying in SQQQ. This comforts me to know that other traders saw what I saw. I am fortunate that I saw it about 45 minutes before them and got a better price. This demonstrates the value of indicators and knowing how to apply and interpret them. Trading is not as complicated as the pundits and the fee for services and trading room coaches will have you to believe to make you financially dependent on their "guidance and assistance".Longby AwesomeAvaniUpdated 116
$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 555538
Silver Miners pop, down and then launchI feel a flash crash coming on, similar to Covid - wouldn't surprise me if Birdflu was the catalyst (see my NASDAQ:GILD idea). The patterns line up exactly the same. You can't see it with this picture, but tons of my indicators are going off -which I will post below. Silver Miners will exit the ascending triangle this go around as the commodity supercycle takes off. Could silver miners go a little more up then down? Absolutely, but miners are sensitive to market rallys and poundings like other stocks (see the pandemic in March 2020 on the chart).Longby EmptyEternityUpdated 668
QQQ still confined to the trading channel since 2010The blue trading channel has been a very reliable resistance since 2010. You can see the many times that it has confined price action, only being broken during the COVID bubble. My guess is that it will continue to be resistance. We will likely see a repeat of the action from 2015 and 2018 where price will slowly work sideways but ever so slightly higher with numerous pullbacks until we see a large pullback to the support side of the channel. Here is what the action looks like on the 1D. You can really see the price trying to break out, but as we saw back in April, it ultimately lost and we had a nice pullback to buy into. Longby Dr_RobotoUpdated 3
Trade Like A Sniper - Episode 26 - QQQ - (8th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing Investco QQQ Trust (QQQ), starting from the 4-Month chart. If you want to learn more, check out my other videos on TradingView or on YT. If you are interested in private coaching, feel free to get in touch via one of my socials.Education07:43by Road_2_Funded1
S&P Tug of War Continues as Market Seeks ClarityLast week marked some of the most unclear price action we've seen. Starting on Tuesday, sellers gradually took control from buyers, but most of the action occurred during extended hours (meaning on VERY low volume). On Friday, sellers finally acted during regular trading hours and attacked the market right from the open. However, it seems buyers were only waiting for this, as the price suddenly pivoted, and the day ended with a spectacular bull run. At this moment, the market is sending very confusing signals, and the best strategy for a swing trader is to simply stay away for some time. Here's a formal summary of the current situation: 1. Long-term Bullish . The price is in an uptrend on both weekly and monthly timeframes. May closed above April’s high 2. Short-term Bearish . Weekly consolidation is in progress, and despite the bull show-off on Friday, the market is still consolidating on the weekly timeframe. Moreover, the week closed with a bearish "hanging man" candle. 3. Respect Friday’s Bull Run . It was unusually strong for bearish context and could easily develop into something significant. To develop a convincing thesis, we need to see some clarity on the daily chart. Either bears will confirm a daily lower high, signaling the continuation of the weekly consolidation, or bulls will set a daily higher low, signaling the continuation of the uptrend. Until this happens, we can expect more unexpected moves in both directions without much follow-through. Disclaimer I don't give trading or investing advice, just sharing my thoughts.by hermes_trismeUpdated 3
Miners need more consolidation before taking off from wedgeI don't think it's quite their time yet, I see a fall, a month of meandering, before launching and hitting my green target.Shortby EmptyEternityUpdated 6
SPY is gonna crater - NVDA was the sign like Cisco and Enron!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. Shortby EmptyEternityUpdated 6
Silver is in short term consolidation before breaking $30It doesn't matter what short term paper contracts do, or taking profits - the East is importing gold and silver at a beguiling rate that won't allow for much shenanigans for the metals market. I was however surprised to see the price bounce exactly off the top of the box. I see silver going down to $24 area, shake out some hands, and rocket up past $30 after options expiration date. I see a smaller consolidation week in May before going even higher. I HIGHLY recommend Silver Miners right now. They saw some life this week and last - and since they usually lag, I can see them being down for the next two weeks before going up themselves. I like AMEX:SIL , AMEX:SILJ , and NUGT for indices, and NYSE:NEM for the best miner in the world for one simple reason - AMERICA will be the LAST country to nationalize their natural resources in a communistic reaction to the skyrocketing dollar. I expect that to happen starting next year. Longby EmptyEternityUpdated 1117
Natural Gas: A Mega Move is BrewingNatural Gas has been a very volatile asset in recent sessions. The price action in the 4 hour chart has triggered a bullish breakout. The next bullish inverse head and shoulders pattern on the daily chart is starting to take shape. This pattern has not yet triggered. If we see a breakout of this pattern there is about $1.50 of upside from the neckline. Resource stocks are still holding up very well, granted so is the market. A very similar structure is playing out on the weekly chart, regarding the 50 Weekly MA If we see price trade in congruency we should see more upside this week and then potentially we may see some sellers the folling week 08:56by Trading-Capital0
QQQ Set To Fall! SELL! My dear subscribers, This is my opinion on the QQQ next move: The instrument tests an important psychological level 462.97 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 450.36 My Stop Loss - 470.53 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals112
SPY: Expecting Bearish Continuation! Here is Why: Looking at the chart of SPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals111
Market Crash - SPY Ascending Wedge and Gravestone DojiSPY has yet another bearish indicator after Friday's session created a gravestone doji on the daily chart. On top of that, we saw a rejection of ATH while forming an ascending wedge and rallying on low volume. I expect this wedge to be broken to the downside and for further further downside to continue after.Shortby AdvancedPlays0
SPY Buyers In Panic! SELL! My dear followers, I analysed this chart on SPY and concluded the following: The market is trading on 533.97 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 528.25 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals111
QQQ: Expecting Bearish Movement! Here is Why: Balance of buyers and sellers on the QQQ pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️Shortby UnitedSignals111
GDXlooks like $30 and then $28 are possibilities. educational purpose, not a recommendation.by tradologist100