SPY Cycles & TA: 1/30/25Today I focus on the general stock market using the SPY to get an idea of where we are and were we are going. Things are looking bearish AF and a possible surprise crash is now day or weeks away. Many warnings in this video.
ETF market
Junior bees.Junior bees.
These days, any technical analysis could be incorrect. I noticed that the midcap nifty fell over 22% from its most recent peak, which is a significant decline. I believe that investing in index-based funds these days is really advantageous.
I believe that now is the ideal time to invest in this script. Investing at this level, in my opinion, may try to reach 700, 800, or higher.
According to the RSI, it is oversold, and if it crosses 34, it may rise quickly.
Disclaimer: All information on this page is intended solely for educational reasons; we are not SEBI registered. Before making any financial decisions or investing, please speak with a SEBI-registered financial counsellor. Any profit or loss you make is not our responsibility.
Please like, comment, and follow to show your support and involvement.
TRADING HAPPY 👍
SPY Technical Analysis: for Jan. 31Market Structure Analysis:
SPY is trading within a symmetrical wedge, suggesting consolidation with a potential breakout approaching. Recent price action indicates higher lows, creating an upward bias, but resistance around $610 needs to be cleared for confirmation of further upside.
Support and Resistance Levels:
* Immediate Support: $600
* Key Support: $590 (aligned with the PUT Support Zone)
* Immediate Resistance: $610
* Major Resistance: $620 (Gamma Wall with strong Call resistance)
Indicators Analysis:
* MACD: Momentum is slightly bullish but flattening, signaling caution for overextension.
* Stochastic RSI: Currently overbought, which could lead to a short-term pullback or pause in the rally.
Gamma Exposure (GEX) and Options Insights:
* Positive Gamma is dominant, with the highest Call Resistance at $620.
* Put support is strong around $590, creating a likely floor unless broader market sentiment shifts.
Trade Setup Suggestions:
1. Bullish Breakout:
* Entry: Above $610
* Target: $620
* Stop Loss: Below $600
2. Bearish Rejection:
* Entry: Below $600
* Target: $590
* Stop Loss: Above $610
Outlook:
Today, SPY is likely to test the upper boundary of the wedge. A breakout above $610 could lead to strong bullish momentum targeting $620. However, if rejected, SPY may retrace towards $600 or even $590, especially if market sentiment weakens.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
QQQ Technical Analysis and Trading PlanPrice Action Analysis
* Trend Overview: The price has been moving in a consistent upward channel, forming higher lows and maintaining support at key levels. The current price is approaching a resistance zone around $533-$535.
* Support Levels:
* $521 (short-term horizontal support).
* $502 (major support from previous consolidation).
* Resistance Levels:
* $530 (minor resistance, recent pivot).
* $535 (major resistance based on options call wall and historical levels).
Trading Plan
* Bullish Scenario: If QQQ breaks above $535 with strong volume, we can expect a continuation toward $540 or higher.
* Entry: Above $535.
* Target: $540, $550.
* Stop Loss: Below $530.
* Bearish Scenario: If QQQ fails to break above $530 and falls below $521, it could retest $510 or $502.
* Entry: Below $521.
* Target: $510, $502.
* Stop Loss: Above $525.
Option Strategy
* Bullish:
* Buy QQQ $535 Calls (expiring in 2 weeks) if price breaks above $535.
* Target Delta: 0.5; Max loss to be capped at 50% of premium paid.
* Bearish:
* Buy QQQ $520 Puts (expiring in 2 weeks) if price drops below $521.
* Target Delta: 0.5; Risk 50% of premium.
* Neutral-to-Bullish Play:
* Bull Put Spread: Sell $525 Put, Buy $520 Put for premium collection if price stays above $525.
GEX Insights
* Call Wall: $535 shows high call interest, aligning with resistance.
* Put Wall: $500-$505 levels act as strong support.
* Implication: The current Gamma Exposure (GEX) favors a bullish scenario above $530.
Conclusion and Thoughts
The overall trend for QQQ remains bullish as long as it holds above $521. A break above $535 with volume would signal further upside potential. However, failure to hold $521 could lead to downside toward $510 or $502.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your research and trade responsibly.
my favorite pullback setup(example used is bullish)Indicator: 5MA,20MA, MACD, Stochastic RSI
my fav setup for Bullish pullback.
when price makes Higherlow as (S) with SKD oversold.
Allow me to use (S) as SL to aim at Prev High(R).
Love the tight action of GOLD near the all-time highs...also outperforming AMEX:SPY YTD
would go long above today's high AMEX:GLD AMEX:GLDM
$IBIT - Can you see it?NASDAQ:IBIT could hit $65 in the near future. 👀
As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
forecast S & P 500 / The peak will be soonMethods of building and temporary cycles, a forecast for SPY is built
The probability of correction is more than 75%
Silver to double within a year. Again. A picture paints a thousand words. Monkey-see... monkey-do.
Buy silver and hold.
Godspeed.
Spy Road To $615You bet we are in this lol!!! What you thought is was that quick..... I don't think so, i will be updating accordingly, will Chinas A.I. destroy ours or is it hype we will see but in the meantime lets go bulls, Good Luck Traders and safe Trades
SHORT XLPI am bearish overall especially below the 50% Fib. But I have to give the bulls a chance. If they can fill the gap and then take the fib then off they go.
But realistically we fill the gap, maybe bounce and reject again and or just keep dropping. Slow grind I would presume so take a long leap position.
I will scale into short positions over Q1 & Q2 of this year.
Opening (IRA): TAN February 21st 32 Covered Call... for a 31.17 debit.
Comments: Still in the top 5 underlyings for IV on my ETF board, with 30-day at 35.0%. Adding at strikes better than what I currently have on after exiting the 33's at 50% max. Selling the -75 delta call against stock to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 31.17/share
Max Profit: .83
ROC at Max: 2.66%
50% Max: .42
ROC at 50% Max: 1.33%
Will generally look to take profit at 50% max.
DUST to $54My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is spiked negative and under at bottom of Bollinger Band
Entry at $50.95
Target is $54 or channel top
Opening (IRA): TNA March 21st 38 Covered Call... for a 36.24 debit.
Comments: Adding in at strikes better than what I currently have on, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 36.24/share
Max Profit: 1.76
ROC at Max: 4.86%
50% Max: .88
ROC at 50% Max: 2.43%
Will generally look to take profit at 50% max, add at intervals (assuming I can get in at break evens/strikes better than what I currently have on), and/or roll out short call should my take profit not hit.
Opening (IRA): SOXL March 21st 20 Covered Call... for a 17.96 debit.
Comments: High IVR/IV plus weakness. Adding at strikes better than what I currently have on, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/ Break Even: 17.96/share
Max Profit: 2.04
ROC at Max: 11.36%
50% Max: 1.02
ROC at 50% Max: 5.68%
Opening (IRA): IBIT March 21st 50 Covered Call... for a 47.78 debit.
Comments: High IVR/IV. Selling the -75 call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 47.78
Max Profit: 1.22
ROC at Max: 2.55%
50% Max: .61
ROC at 50% Max: 1.28%
Will generally look to take profit at 50% max, add at intervals (assuming I can get in at a break even better than what I currently have on), and/or roll out the short call in the event take profit is not hit.
$DIA Analysis, Key Levels & Targets for Day Traders All right, so Tuesday and Wednesday we tapped the top of the expected move on the week and then pulled back yesterday to the 35 EA so we did close right at the 35 EMA just underneath it yesterday. And today so far futures are down and we have a Read signal line. Expected move on the day 442 to 452, and on the week 438 to 450 so keep a close eye on that 450. All-time highs are just underneath that 452 and we do have a support to the downside at 440.
Where we headed?! Spy looking to fill gap up? Or fall?Spy could retest Demand zone back at 588 range, soon as ga fills just be mindful of the rug pull down unless we breakout and test 610 and up to 613-615 range top of the channel and for a new ATH. Rock with me see where he headed!
SPY/QQQ Plan Your Trade for 1-30 : Top PatternToday's Top pattern suggests the markets will attempt a minor rally in early trading, possibly targeting the 605 resistance level, then shift/rollover into a downward price trend (the TOP pattern) and being to move downward into the pre-DeepV low levels I've suggests (possibly near 585-588).
At that point, I suspect we'll get a few days of consolidation before we see the DeepV breakdown take place near Feb 11-13 (which may actually start on Friday the previous week).
Overall, I'm expecting the markets to roll into downward trending over the next 7 to 10+ days.
Gold and Silver are moving higher - which is great to see (finally). Maybe all Gold needed was to roll to the newer contract to finally break above the $2820 level. lol
Who knows.
This is the start of the BIG RALLY (Expansion Phase) in metals that should last almost all year. If my research is correct, Gold and Silver will reach a peak level near July-October 2025.
Bitcoin has moved into an inverted Excess Phase Peak pattern that may prompt a rally up to resistance near $108,450.
At this point, the inverted EPP pattern is in the consolidation phase and I'm watching for it to break above $105,500 (moving to the ultimate high), or below $100,270 (as an invalidation breakdown move).
The next 5+ trading days should be very interesting for everyone.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
QQQ Massive Short! SELL!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 529.65 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 519.17
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
———————————
WISH YOU ALL LUCK
$IWM Analysis, Key Levels & Targets for Day TradersYesterday we closed underneath the 35 EMA right now so far where futures are at they are up .91% that would take us just underneath the 50 day moving average with the top of the implied move at 230 231 for tomorrow.
Underneath us, we have the four hour two under moving average and 225. You could see that both of those levels did catch us underneath that the 30 minute and the one hour to under moving average that is a bearish signal so even though futures are up right now, I think we’re gonna see that downward and a continuation down the downward channel.
