AMEX:SPY March 10, 2025 60 Minutes Last week we managed to hit 565 as projected. Now we are having LL with oscillator divergence. Also, we can see in the channel LL 566.63 is a green bar with close near top of bar. Now from Marcg 4 to 7 AMEX:SPY struggling to cross the mid channel line. Foe the fall 597.43 to 565.63 a retracement up to 585 is possible. 583...
AMEX:SPY March 7, 2025 Time frame monthly analysis. Monthly. The current move started from Covid low. So, for the move 218.26 to 613.3 holding 520 is important now as it represents 23.6% retracement. And for the extension 218.26 to 480 to 318 we have completed 100% move 614 levels. for the rise 218 to 480. Hence, we are having some resistance. Also 520 is...
AMEX:SPY March 6, 2025 15 Minutes. As expected, we had SPY around 575. Taking support and trying to form a base. Important because 570 is 200 averages in daily. Once 570 is broken we are in trouble. Now for the rise 572.74 to 586.58 to 573.08 we can expect 588- 594 as target provided 573 is held. We rea having oscillator divergence in 15 and 30 minutes but...
AMEX:SPY March 4, 2024 15 Minutes. Yesterday retraced near 200 averages and fell. So, for the fall 570 is the 1.618% extension which is possible as it is also 200 in daily. For the day or tomorrow my target is 575 levels first. If 575 is broken, we can go towards November lows. 586-588 is good level to short for the day.
AMEX:SPY March 3, 2025 15 Minutes. we had divergence in the last two LL at 583 and 582 levels. For the rise 582.44 to 594.74 holding 591-592 is important for short term uptrend to continue. For the fall 610.7 to 582.44 61.8% retracement is around 599 which is also 200 averages in 15 minutes. Hence that is the first target for the day, holding 592.
AMEX:SPY February 27, 2025 60 Minutes. The move to 598-599 and a retrace to 592-594 levels was completed yesterday. Now for the fall 613.23 to 589.56 i expect a retracement around 598-600 levels being 38.2 and 50 percent retracement moves. At the moment is trend is down. Uptrend only above 608 levels. 601-604 levels should be a good level to short again. In...
AMEX:SPY February 26, 2025 15 Minutes. 100% extension move was completed yesterday. Now i expect a bounce before next fall. For the rise 589.56 to 596.67 holding 593.5 - 594 is important for 597.5 to 599 levels. We are still in a series of LL and LH pattern and below 200 averages too. For the extension 589.56 to 599.96 to 593.02 I have a target 597-598...
AMEX:SPY February 25, 2025 15 Minutes As expected, AMEX:SPY retraced and fell back. Took support at 596 levels. 592 is downside target for the extension 610.70 to 596.48 to9.47 to 603.02. For the fall 603.02 to 596.48 AMEX:SPY retraced 78% to around 601 levels. And made nearly double bottom around 596 levels. At the moment upside is limited to 603 levels...
AMEX:SPY February 24, 2025 15 Minutes. The move from 610.70 to 599.47 is extended. Hence a retracement is possible. I expect a retracement to 602-603 levels. On weekly have a bad close. High was made and close was near low. On daily $\spy near 50-day average. I expect a bounce to 603 -604 levels this week for a target 594 being 100 moving averages. Not a...
AMEX:SPY February 17, 2025 15 Minutes AMEX:SPY struggling around 610 levels. Made ahigh 610.99. But oscillator divergence. Also, we have a Hl formed at 610.75. On Monday i expect a retracement to 606-608 levels. Thus if AMEX:SPY is able to hold 606 levels then for the extension 598.52 to 607.49 to 605 my target of 612 + is possible. But I expect a...
AMEX:SPY February 14, 2025 15 Minutes. As expected, once box was broken yesterday AMEX:SPY continued to make upward movement. For the rise 598.52 to 607.49 to 605 61.8% extension was nearly done. Once 611 is crossed we can expect some resistance around 612-614 levels. 611-612 will be a good number to short as 4SPY in 15 minutes is getting away from 200 and...
AMEX:SPY February 13, 2025 Yesterday also gap analysis. But took support at daily averages 598 levels as mentioned in the previous day analysis. For the rise 598.52 to 604.55 holding 602 levels is important today. At the moment AMEX:SPY weak below 600 levels for a possible target 597.5 598 levels for the day.
AMEX:SPY February 12, 2025 15 Minutes Yesterday Gap down not held. Low was not broken. For the last rise 603.1 to 605.85 4SPY need to hold 604 levels today for uptrend to continue. On downside we have strong support at 603 levels being 200 average and 9 day moving average in daily and 600-601 being 21 days in daily. So, I see a range trade today between 603...
AMEX:SPY February 11, 2025 15 Minutes. AMEX:SPY faced resistance around 604-605 levels being 61.8% retracement number. We have 3 values. The rise from 600.05 to 605.5 The last rise from 603.21 to 605.5 And the fib extension 600.05 to 605.36 to 603.21 For the first rise important to hold 602 levels to continue uptrend. For the second number being the...
AMEX:SPY February 10, 2025 15 Minutes For the rise 595.99 to 608.13 AMEX:SPY retraced 61.8%. So, 601-602 is a good level to go long with SL 598. Since the retracement was 61.8% double top is possible around 607-608 levels. So looks good R:R ratio. Foe the fall 6018.13 to 600.65 need to cross 605.5 for uptrend. Hence 601-602 buy will have a target 604-605...
AMEX:SPY February 6, 2025 15 Minutes. Yesterday we had 604 levels. Today for the rise 598.58 to 604.36 holding 602 levels we can expect 605-606 levels as initial target. Once 606 is held i expect 609-610 levels tomorrow or by Friday. AMEX:SPY is above all moving averages. At the moment uptrend intact as long AMEX:SPY above 598 levels being the last...
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...
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...