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AMEX:SPY February 5, 2025 15 Minutes. Moving averages have converged. Need to hold 598 today. For the fall 609*.18 to 595.5 NYSE:SPR has retraced 61.8% to 602 levels yesterday. Hence a pull back. AMEX:SPY forming HH Hl pattern. Long bars have sorted out. Above 602.5 we have a target 604-605 levels. If 597 is broken 595 will be support as of now which is...

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AMEX:SPY February 4 2025 15 Minutes Yesterday Gap down was not held. 590 was protected. The number to watch at the moment is 586 on downside. For the fall 609.72 to 590.5 602 is 61.8% retracement. Since AMEX:SPY below all moving average 602 will provide a good level to short today. If we take the last rise 590.5 to 600.29 594-595 will be good level to go...

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AMEX:SPY February 3, 2025 Weekly We will consider 2 lows. 218 made in 2020 and 348 made in 2022. Now for the move 218 to 473 to 362. 100% move for the extension i218 to 473 is 612 levels. That is nearly achieved around 610 levels. Now for the extension drawn from 348 to 459 to 409 1.618 extension is around 591. This is also done. However, in monthly time...

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AMEX:SPY January 30, 2025 15 Minutes. We had AMEX:SPY between 604 and 599. But no trade as setup was difficult. We have too many long bars inside the box. Foe the fall 610.78 to 594.93 AMEX:SPY is between 599 and 605 which represents23.6% and 61.8% retracements. So, sell is below 598 and buy above 606 only. For the day for the fall 605.38 to 599.22 604.5...

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AMEX:SPY January 29, 2025 15 Minutes. AMEX:SPY was around 604 levels most of the time yesterday. This sideways helped the moving averages to rise. Also 604 was 61.8% retracement for the larger fall from 610 to 594 levels. Hence was resisted yesterday. It was also 1.618 extension for the rise 594 to 599 to 596 level. Today holding 602 levels i have a target...

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AMEX:SPY January 28, 2025 15 Minutes The divergence paid off again. Now we again wait for moving averages 9 and 21 to go above 50,100 and 200 to initiate any longs. For the fall 608.15 to 594.64 61.8% retracement is around 602-603 levels. A good level to short SL 605.5. I expect sideways today.

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AMEX:SPY January 23, 2025 15 Minutes The consecutive gap ups cannot sustain. A pull back is required around 598-602 levels over the next 3 trading days for the moving average to converge. I will have a contra setup to short 607-607 levels for 602 levels for the moment. Usually in 15 minutes chart a difference over 15$ between 200 and 9.21 average results in...

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AMEX:SPY January 22, 2025 15 Minutes. The gap between 200 and price in 15 minutes is more than 12$. For the extension from recent low near 575 to 592 to 589 604 targets will be achieved. But there is oscillator divergence. A pull back this week to 597-598 levels which is 100 averages on 15 minutes will be a good entry point for long. For the day holding 601...

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AMEX:SPY January 17, 2025 60 Minutes Yesterday 594 was done and 589-590 was protected. Today we have 200 at 596 levels. in 60 minutes. So holding 591-593 uptrend is intact for the moment. 599-600 could be a resistance for the moment.

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AMEX:SPY January 16, 2025 15 minutes. Yesterday gap open was held. For the last rise from 578.97 to 592.96 AMEX:SPY retraced to 589.5 before achieving the target 594 for yesterday's move. 598.5 represents 23.6% fall for the last rise and took support at 61.8% retracement for the fall 597.74 to 575.35. Hence it is important that AMEX:SPY holds 589 levels...

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AMEX:SPY January 15th, 2025 15 minutes As the numbers are below 200 averages in 15 minutes, I will short. For the fall 595 to 575 we have ascillator divergence, therefore, taking 575.35 as the low, drawing extension for the move 575.5 to 585 to 578.35, we have a first target of 588 and second target of 594 levels For the fall 597.75 to 575.35 we have 0.618...

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AMEX:SPY January 9, 2025 15 Minutes. Down trend intact as of now. Yesterday high was 590 levels. we had two LL at 586 and 585.20. We had oscillator divergence and made a high 590 giving a 4-5 $ trade. For the fall 597.75 to 585.20 AMEX:SPY retraced 38.2 levels. 591-592 is again levels to short. In 15 minutes, buy is only above 593.5 levels for 599 as target.

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AMEX:SPY January 8, 2025 15 Minutes. 592 was broken. For the rise 580.5 to 599.7 AMEX:SPY has retraced 61.8%. For the fall 597.75 to 586.78 592 to 594 will be level to short SL 596 Since AMEX:SPY below all moving averages the short at 592 - 594 will give a target around 584-585 levels in 15 minutes. For the day long only above 596.

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AMEX:SPY January 7, 2025 15 Minutes. Yester opened gap up. But was not strong and started to reverse. So today holding 594-595 is important. It represents 23% retracement for the rise 580 to 599. Today buy will be above 598.5 and the moment I see 592 strong supports being 200 averages in 15 minutes. If you can go down to 5 minutes, we opened above 200 and...

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AMEX:SPY January 5, 2025 My first post for the year 2025. 60 Minutes. Downtrend intact. For the fall 602.47 to 580.50 50% retracement done as there a divergence for the 2 lows 580.91 and 580.50. So, for the rise 580.0 to 592.6 on Monday holding 587.5-589 levels we can expect 595 as initial target. for the steep fall from 607 to 580 i would like some more...

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AMEX:SPY December 27, 2024 15 Minutes. As expected, 602 gave resistance and AMEX:SPY managed to hold 597-598 yesterday. I expect a move today after 2 days consolidation. I will go long above 603 for a 3 to 4 $ move towatds 608-609 levels. Provided 597 is held today. A close below 597 will result i a 2$ trade. Possible. I prefer to go long above 602.6 -...

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AMEX:SPY December 26, 2024 15 Minutes. I had expected 200 averages in 15 minutes to be resisted. It broke and held on to that for more than 2 hours on the 24th of December. For the rise 592.25 to 601.34 it is important to hold 597 levels for uptrend to continue. It is also 21 averages in 15 minutes. For the larger rise 580.91 to 601.34 holding 593-594 is...

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AMEX:SPY December 24, 2024 15 Minutes Holding 590-591 uptrend for a possible target 597-598.5 Positive bias because as expected yesterday held 587-588 levels.