$SPY Key Levels, Analysis, & Targets So today was just FUN…. I was expecting a rally today and we sure got a face ripper…. No surprises in the fed meeting so the market had a party. How did I play today? So we opened at 417 so I chose that as my call strike. I added a VWAP to that options chart which gave me a starting price of 3.28, which I cut in half...
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the "Portfolio"), with the weight of each stock in the Portfolio substantially...
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the "Portfolio"), with the weight of each stock in the Portfolio substantially...
$SPY $417.39 Fib 0.5 and $420.33 Fib 0.618 on the table again, $420 last strong support now becomes resistance. $VIX having also some retrace should give room for continuation of Monday run.
Hey everyone! Almost 1:1 fractal between the crash in 2008 and today. The scales have almost tipped. Stay ready. Just remember, be fearful when people are greedy and be greedy when people are fearful. It seems to me that many believe that the bull run is not over. Interest rates are increasing to counter inflation. Interest rate hikes slow down the economy. We...
If the downtrend continues as we expect then we need to focus on the DOM C level as a potential target. If the markets were to 'gap up' on Monday it is our opinion those are triggers for going bearish into 'assumed strength' by the novice traders. We are heading for the May 2021 lows on SPY (aka ETF of SPX). NOTE: If this DOM C level is breached, then our...
spy forming weekly h&s pattern at critical support 410.64 break would be confirmation where we an see 400 and below where we have our next critical support at 394 then 368 which is around the weekly 200 ema however we can bounce here and see 423 then 454
$SPY Is in a broadening channel. Should test sub < $410 before making a bounce to the 0.382 ($417.08) & 0.5 ($419.47-$420) Fibs
Spy is still in my regression channel however i see areas of support at 437. I see spy either making move down through this cannel to 405 or reclaiming 437 before moving downward again. Not financial advice i am not a financial advisor. Trade at your own risk.
AMEX:SPY SP:SPX whats up guys hope everyone is having a good week. was having some technical difficulties earlier this week so wasn't able to post any updates so I decided to do a bit of a deep dive into SPY and take a look at all time frames. primarily at the daily and weekly. for the SPY I believe we must hold 415 for us to see any type of reversal to the...
Days like these are perfect opportunities to enter your shorts. FOMC meeting next month Rising rates
Definitely need confirmation, just something I'm keeping an eye on.
SPY is in a downtrend, and that is the path of least resistance (as Brian Shannon likes to say). My trade bias is still short, but as of the time of this video it looks likely that there is some support building intraday, and the market could go sideways or up to challenge resistance before continuing down. Targets are presented in the video.
I've highlighted these wedges previously via our Twitter. Currently, the ES is Extending the E leg, Which typically extends 1.2-1.4-1.618% of C-0 I'd look for a violent reversal back to the upside at 4236 or 4178. Further selling would invalidate the formation
$SPX got SLAPPED by the 200 MA That's it. That's the post... --------- I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the...
As I have been stating for a while, it it not a BEAR market. I expect Monday to be a Green day and a GREEN week. I will not be surprised if it gaps up on Monday. There is a resistance at 445 range but it will break through. We will see 470 before we see 420s..but first we will touch 465 first.. One step at a time.. The stock market moves are not logical. If it...
Price is showing signs of shifting down. Took this short looking to gain 3R risking 10 points targeting 30. I expect price to take out yesterday’s low atleast but we shall see. I am not a financial advisor so trade at your own risk and always follow your risk management plan!
The chart shows it is still bullish if you look at it from larger time frame. The resistance area has been drawn to indicate where it might fall before it needs to shoot up. It has been numbered to show the path where the Target price might hit. This is future prediction which can change. If you are trading swing options, you should be buying options 4 to 6...