Spy!
Bullish Cypher - SPY spotted a bullish Cypher pattern on SPY’s daily chart, and it looks promising.
Entry: Current Market Price
Stop Loss: 575.50, just under the D-point, to give the trade some breathing room.
Targets: All time high
Ideas and Inputs are welcome.
Thank you for dropping by.
Disclaimer:
This analysis is for educational purposes only and is not financial advice. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always do your own research and consult with a financial advisor before making any trading decisions.
2024 Santa Rally and More - Up/Down/SidewaysIt's that time of year again. The final trading weeks of 2024 and the technical "Santa Rally" (trading through Christmas and New Year's) is upon us.
Unfortunately the FED put a bit of a cap on the extremely optimistic and borderline euphoria that was bubbling over going into the FOMC Rate Decision.
100 bps of cuts, yet the US10Y (10 year yield) has virtually moved in the exact opposite direction. Inflation is now a concern and this is a big reason for the FED's "hawkish cut" in December. The market will have to figure out how 1-2 cuts in 2025 looks compared to 4-6 cuts that was anticipated.
I don't think the 1 day FED move is enough of a correction to justify loading up on longs, so I'm looking for 200 EMA tests and better prices all around. If I don't get them, I suppose I'll just wait longer :)
Happy Holidays to everyone
Thanks for watching!!!
$SPY Trade Analysis DarkPoolsThis chart appears to be analyzing the SPY ETF (S&P 500 ETF Trust) on a 30-minute timeframe, with various levels marked for support, resistance, trendlines, and potential targets. Here’s a breakdown of the analysis based on what is visible in the chart:
Trend Analysis:
Downtrend Observed:
The red trendline indicates a clear lower highs (LH) pattern, suggesting a bearish structure.
The green trendline highlights a previous descending support line, which was broken, followed by a recovery.
Current Context:
SPY is below the red trendline, which is acting as resistance.
The price is hovering near the EMA cluster (moving averages such as 8 EMA and 21 EMA), indicating indecision or consolidation.
Key Levels:
Resistance Zones:
595.23 to 599.31: This range aligns with previous pivot points and overlaps with a lower high (LH), making it a significant resistance area.
604.37 (DP): A dark pool level from 12/18 indicates where institutional activity occurred. Breaking this level could signal bullish momentum.
Support Zones:
590.96 to 586.50: Price currently sits above this cluster, suggesting short-term support.
578.93 (90 SMA): The 90 SMA acts as a longer-term support level.
Potential Trade Ideas:
Bullish Scenario:
Entry: Above 595.23, ideally with a strong close above the red trendline.
Targets:
T1: 597.63
T2: 599.31
T3: 604.37
Stop Loss: Below 593.87, the most recent support level.
Bearish Scenario:
Entry: Below 586.50, confirming a breakdown below immediate support.
Targets:
T1: 585.00
T2: 580.00
T3: 578.93
Stop Loss: Above 588.00, invalidating the breakdown.
Indicators:
EMA Strategy: Watch for a cross of the shorter EMA (e.g., 8 EMA) below the longer EMA (e.g., 21 EMA) for bearish confirmation, or vice versa for bullish momentum.
Volume Confirmation: Increased volume at breakout levels strengthens the validity of the move.
Overall Outlook:
The current price action is consolidating between 595.23 (resistance) and 586.50 (support). This range-bound behavior may continue until a clear breakout or breakdown occurs.
A move above the red trend-line could suggest a bullish reversal, while a break below the lower support zone would confirm bearish continuation.
Why the 6:15 Candle is Key:
Liquidity Shift:
Around 6:15 a.m. EST, pre-market trading often experiences a shift in liquidity as larger institutional traders and automated systems begin positioning themselves ahead of the regular market open. This creates a noticeable increase in volume or volatility.
Reaction to Overnight News:
By this time, many traders have processed overnight news, including international market developments, economic data, or corporate announcements. The 6:15 candle often represents the market’s collective sentiment to these inputs.
Early Dark Pool & Futures Activity:
Institutional players and hedge funds might act on dark pool or futures activity signals around this time. For instance, the SPY chart you provided shows interest in identifying areas that coincide with pre-market setups for further price movement.
Key Levels for the Day:
The high and low of the 6:15 candle in pre-market trading are frequently used by day traders as pivot points. These levels often act as intraday support or resistance, with price reacting around these zones during the regular trading session.
Interpreting the 6:15 Candle in Your Chart:
Looking at your chart:
The 6:15 candle seems to be sitting just below key resistance at 591.14.
This candle’s high and low can serve as short-term levels:
High Break: A break above the 6:15 high signals bullish momentum.
Low Break: A move below the 6:15 low indicates bearish pressure.
For SPY, this candle is important because it often sets the tone for the first trading hour of the day.
How to Use the 6:15 Candle:
Range Breakout Strategy:
Mark the high and low of the 6:15 candle.
Use these as breakout or breakdown levels for the regular session.
Pre-Market High/Low Alignment:
If the 6:15 candle aligns with pre-market highs or lows, it reinforces the importance of those levels.
Volume Confirmation:
Check if the 6:15 candle has significant volume compared to previous candles. A spike in volume confirms institutional interest.
EMA Relationship:
Notice if the 6:15 candle is above or below key moving averages like the 8 EMA or 15 EMA. This gives insight into short-term sentiment.
In Summary:
The 6:15 pre-market candle acts as a pivotal reference point:
High and low levels often dictate intraday trading strategies.
It reflects liquidity shifts, news reactions, and institutional activity.
Use it alongside volume, EMAs, and resistance/support zones for more accurate predictions.
SPY/QQQ Plan Your Trade For 12-23: BreakAway PatternToday's pattern is a Break Away pattern.
I'm not expecting much to happen just before Christmas, but this is when surprises may happen.
If you have not already protected your capital - now is the time to do it (almost too late at this point).
You should be prepared for anything that happens and move into a position of safety related to the holidays.
Remember, the markets will always be here. Get through the holidays and get busy trying to enjoy your life.
I suspect the markets will stay very flat over the next 3 to 5+ days.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
12/22/24 Weekly Watchlist + NotesAMEX:SPY - Huge sell off across the board from FOMC news on Wednesday. SPY sold off down through previous Broadening Formation range reclaiming previous downside pivot just below 684. So with that in mind, we expand out of the BF below that pivotal low, or come back through range above it. With SPY currently setup to potentially go 3-2 daily, we look to see whether fridays high or low gets taken out. Being above the pivot at 684, we are looking to come back through that BF range and make new ATHs as of now. Of course this can all change depending on whether our W is green or red, but for now we are closer to making a daily HH than a LL. With Christmas being this week, the markets close 2 hours early on Tuesday, and re open on Thursday. Being a short week like this, we need to be extra cautious as there will be lower than normal volume, and simply less time for the weekly candle to form, so expectations on a large move this week as most seem to be predicting, may not happen for the prior reasons. Personally will not be trading Tuesday and possibly not at all this week if I don't see absolute A+ setups.
Watchlist:
Bullish:
NASDAQ:NVDA - Pot. 1-3-2U Daily to trigger failed 2D hammer week. Swept BF lows this past week. Looking to come back through range. This is a big name for the markets, so I expect that if the markets are recovering, this will lead the way or follow with it
NASDAQ:MU - 2-2U reversal potential daily to target gap fill from ER. We took out weekly BF mag on friday, hitting exhaustion levels after finally escaping the motherbar it was stuck in for the last 11 weeks. One side gets toasted, magnitude is hit for W and M. All the ingredients for a big recovery. Only issue is being stuck in last weeks range
NASDAQ:PLTR - potential 3-2D for a simultaneous weekly 2-1-2U trigger. Nuclear green on all TFs. Slight room to go to target ATH again, but mainly looking for the weekly inside up measured move, meaning if we go 2-1-2U, we can expect the same move up as we had in the week prior to last weeks inside bar week.
Cruise Lines: NYSE:CCL + NYSE:NCLH Weekly hammers. NYSE:RCL Not a clean weekly AS, but similar daily to other names in the industry.
Bearish:
NASDAQ:TSLA - 3-1 4Hr to trigger MoMo shooter Daily to trigger Shooter Weekly 2-2. Daily PMG to target from ATH Exhaustion. (Big green day for most names Friday, why was TSLA so bearish with such relative strength lately?)
NASDAQ:AVGO - Shooter 2U Day to trigger 2-2 shooter week. Huge gap up from earnings. Looking to attack the gap.
NYSE:KO - MoMo Shooter 2D day to trigger 2-1-2D week. Having issues making range lately, but daily BF is targeting lower still, and weekly 2-2d has yet to be negated. Inside week will confirm more downside to target our BF magnitudes on the D and W, or it will be negated by a 2U week. Simple plan here. Short under prev week low, exit if back above.
NYSE:UBER - MoMo shooter 2d Weekly to reconfirm M 2D and Q 2U going 3. Check Monthly for the BF. Wanna see continuation lower to Q mag at 54.84. No daily AS but 3-1 4HR. May be a slower mover on the list. Basing all my decisions on the weekly as the momo shooter should simply just trigger and work
Nightly $SPX / $SPY Predictions for 12.23.2024🔮
📅Mon Dec 23
⏰10:00am
CB Consumer Confidence
📅Tue Dec 24
⏰8:30am
Core Durable Goods Orders m/m
Durable Goods Orders m/m
⏰10:00am
New Home Sales
Richmond Manufacturing Index
📅Thu Dec 26
⏰8:30am
Unemployment Claims
11:00am
Crude Oil Inventories
#trading #stock #stockmarket #today #daytrading #swingtrading #charting
HAPPY HOLIDAYS! Stock Market Weekly Preview: Dec. 23rd 📊Stock Market Weekly Preview: Dec. 23rd
NASDAQ:QQQ AMEX:SPY AMEX:IWM
In this video, we’re talking about:
🔹Stock Market & Overall Forecast
🔹Lessons Learned this past week
🔹Technical Analysis: H5 & Williams CB
🔹Current Trades
P.S. I'm getting coal for XMAS because I lied about it being a short video. 😅
Let’s dive into this Holliday Week! 👇
Traders BEWARE! Extreme Volatility In 2025-26. LOOK OUT!I just completed a deep dive into my Adaptive Dynamic Learning modeling system, and I'm here to tell you that 2025 and most of 2026 will be highly volatile.
If you do not attempt to stay ahead of these market trends, you could suffer a loss of 35% to 45% (or more) over the next 18 months or more.
If you want to learn how to navigate these trends, I suggest you find someone you trust to help you identify the best opportunities for your investments and trading.
This is no joke.
This is the type of event that destroys trader's accounts and disrupts global economies.
If you are not prepared for this, get busy trying to find someone to help you.
Merry Christmas. Buckle up.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY, Major Warning has been signalled for the stock market. The stock markets have been rattled by a concerning development that historically has been a precursor to increased volatility and economic uncertainty - the uninversion of the yield curve.
In December, long-term interest rates fell below short-term rates, reversing the inversion that had been in place. This yield curve uninversion is often viewed as a potential warning sign of an impending recession, as it has preceded the last seven recessions in the United States.
Looking back at past data, the last time the yield curve was uninverted in this manner was in 2019, just before the COVID-19 pandemic triggered a major market downturn. Prior to that, it uninverted in 2006-2007, shortly before the Great Recession hit in 2008-2009.
While the yield curve uninversion does not guarantee an imminent recession, it has proven to be a reliable leading indicator of increased market volatility and economic slowdown.
Trade safe,
Trader Leo
SPY: Growth & Bullish Forecast
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the SPY pair price action which suggests a high likelihood of a coming move up.
❤️ Please, support our work with like & comment! ❤️
Perhaps a 'Santa Rally' is just one step away to begin in 2024Stock markets often enjoy a seasonal share boost during the festive period.
It's been two unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally.
Shares have much wide, breather and better performance so far in 2024, amid trade and geopolitical tensions, high inflation and high interest rate.
So... while children are compiling their Christmas lists, traders also want some sweet candies.
Traditionally, festive cheer and holiday household spending make the markets more optimistic during the holiday season, boosting investor portfolios.
But will 2024 follow the trend?
The "Santa rally", a term coined in 1972 by Yale Hirsch, the founder of the Stock Trader’s Almanac, "describes a tendency for the stock market to go up by 1% to 2%" over final five trading days of the outgoing year and the first two of the new one, said Forbes Advisor .
This period has "historically" shown higher stock prices in the S&P 500 SP:SPX 79.2% of the time, says Investopedia .
What drives the Santa rally?
Reasons for the Santa rally are vary and one explanation is the cheery "end of year mood" that means investors are in more of a "buying temperament" rather than selling shares, which pushes up stock prices
Will there be a Santa rally this year?
Probably, Yes. September quarter capped off the best 12-months return (+36.36%) for S&P500 Index since the pandemic stock market recovery in 2020, so there are a lot of hopes that stars will align, and momentum in the markets, helped by declining U.S. interest rate, will push prices higher in the run-up to Christmas.
Sure, there is "no guarantee", though. Sometimes it happens. Sometimes it is not.
The odds of a Santa rally may be in your favor, but the "best option" (author's opinion) is to do nothing, remain invested and be "pleasantly surprised" by another strong month by the new year.
The main technical graph for S&P500 Index says that we right now.. already somewhere above to 6'000 points for SPX Index, and just one step to break it out to reach the next one half-a-mile, i.e. 6'500 points by the end of the year.
Just follow the major upside trend, that's been taken earlier this summer. And that is all.
Merry Christmas y'all, TradingViewers! See you in a Happy New 2025 Year! 💖💖
SPY On The Rise! BUY!
My dear subscribers,
My technical analysis for SPY is below:
The price is coiling around a solid key level - 590.89
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 598.49
My Stop Loss - 586.83
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
———————————
WISH YOU ALL LUCK
$SPY correction incoming? Back below $550AMEX:SPY is putting in a short term top here.
All of the signs are there if you know what to look at. For example, NASDAQ:TLT up 2% today. AMEX:SPY sold off throughout the day. Crypto selling off. Volatility starting to react at the bottom of the range. Dollar continuing to rise.
The chart also is failing at resistance.
I could see one more attempt at a move higher, and if we fail at $602 or lower and fall back below $597, it'll be extremely bearish and the confidence in this move playing out strengthens.
I think we'll see $527-531 over the next couple of weeks. Playing the move through CBOE:UVXY calls.
SPY Technical Analysis PredictionThis chart is a daily timeframe for SPY (S&P 500 ETF), displaying multiple indicators such as pivot points, dark pool levels, trendlines, moving averages, and volume. The current market structure suggests a potential trend transition phase, with price currently consolidating near critical support levels.
Key Observations:
1. Trend Structure:
The long-term uptrend is still intact, supported by the green ascending trendline originating from prior lows.
The recent pullback breached the 8 EMA and 21 EMA, which implies short-term bearish momentum. However, price is consolidating near the S1 pivot level (579.18), suggesting possible support.
Higher Highs (HH) were achieved earlier in the trend, but the failure to maintain levels near the R1 pivot (614.64) indicates resistance and profit-taking.
2. Support and Resistance:
Resistance Zones:
600-604: A psychological resistance level and the approximate region of the 8 EMA.
609.07: The previous swing high and a critical level for a bullish continuation.
R1 (614.64): A strong pivot resistance level.
Support Zones:
Immediate support at S1 (579.18), which aligns with current consolidation.
Lower supports are seen at S2 (555.80), S3 (543.72), and the ascending green trendline (~524).
Dark pool levels between 513.20 - 522.91 represent critical institutional zones, which may act as strong support.
3. Volume Profile:
Significant volume spike on the most recent red candle indicates institutional activity.
If price remains above key supports (S1, S2), this could suggest accumulation. A breakdown below S1 would imply further distribution and downside.
4. Dark Pool Levels:
Dark pool prints at 522.91, 518.92, and 513.20 mark critical price levels for institutional interest. A break into these levels would indicate bearish momentum but could offer significant buying opportunities near those zones.
Trade Setup:
Scenario 1: Bullish Reversal from S1 (579.18)
Trigger: A strong bounce off S1 with price reclaiming the 8 EMA (currently near 600) would confirm bullish momentum.
Profit Targets:
595-600: The immediate resistance zone and EMA alignment.
609.07: The swing high from earlier in December.
614.64 (R1): A longer-term target at the pivot resistance.
Stop-Loss: Below 575, as this invalidates the bullish setup.
Scenario 2: Bearish Breakdown Below S1 (579.18)
Trigger: A break below S1 with high volume and price failing to reclaim the 8 EMA would confirm bearish continuation.
Profit Targets:
565.16: The prior swing low and intermediate support.
555.80 (S2): A strong pivot support level.
543.72 (S3): A deeper downside target.
Stop-Loss: Above 595, as it would indicate a reversal back above resistance.
Scenario 3: Long-Term Reversal Near Dark Pool Levels
If price falls into the dark pool zones (522.91-513.20), this could offer significant long-term buying opportunities, especially near the ascending green trendline (~524).
Final Thoughts:
Short-Term Outlook: Consolidation near S1 requires close monitoring for either a bullish reversal or a bearish breakdown. Volume and price action at the EMAs and pivot levels will be crucial indicators.
Long-Term Outlook: The green trendline and dark pool levels represent strong support zones, offering potential for accumulation if prices drop further.
SG10Y SG Govt Bond Yield UNCANNY heads up on US EquitiesHere is a rehash of the relationship between the Singapore 10Y Govt Bond Yields and US Equities ETF, SPY (Blue Line).
Noted that when the SG10Y technically breaks out, the SPY technically breaks down, and vice versa.
This is not 100% but happens an estimated 80% of the time, and recent occurences since September are marked out with bullish green or bearish red time lines, respective to SPY from the SG10Y leading indications.
Just middle of this past week, the SG10Y spiked strongly and broke out, the next day saw the SPY tank significantly. In fact, the MACD for the SG10Y had already pre-warned of the breakout two days earlier!
Given the current set up, as usual, I do my technical and charting projections. And in this case, it is clear that the Santa rally fizzled, year closign and next year opening should be weak until early February. Now, if this projection works as it should, then we would likely see a weak 2025 for the US equities... not only to take profit, but also offers opportunities to buy in at some point.
(side note: as far back as 2020, 2025 was marked as the year of some resurgence of affliction from the neck upwards. It is a little sketchy, but it would very well be the surprise to tank the markets enough... watch for it)
Doubt Me If You Want, But My Strategy Speaks for Itself!NASDAQ:QQQ AMEX:SPY
Do you see how my Williams CB is one of the best strategies out there for predicting markets short & long term moves? How coupled with my H5 trading strategy it gives me the best chances to beat these crazy markets.
Two weeks ago we were at the top and called for a no more than 3% market pullback. I was wrong and right at the same time. We got a pullback but it wasn't what I anticipated but who anticipated the FED nuking the markets yesterday? Nobody but the FED.
I show you this so you understand when we get to the barrier we don't know what it's going to be that pulls the market back or causes us to consolidate and peel off the red barrier. BUT, we need to understand where we are at and that running into the barrier is not the time to be adding to trades or exploring new ones. It's the time to take profits, consolidate, and maybe hedge a little.
I'm not putting this out to be applauded or to act like I'm some type of Oracle. I simply want to show all my friends who have decided to stick it out with me the last few days when others chose to leave that you can entrust in my strategies and I will teach you everything I know so you can beat the markets on a consistent basis too!
SPY/QQQ Plan Your Trade Update : Big Rally Closing Out 2024Over the course of the past 6+ months, I've been sharing research and content to try to help traders all over the world learn to profit by making better decisions.
Some of the comments I've received have been very positive. But some of the comments I get are negative and some people have explained how they continue to lose money trading.
In my mind, if you are gambling with your trading account - you will likely lose money.
If you are actually trading (trying to book profits ASAP) and grow your account efficiently, you can make consistent money trading small amounts.
In order to try to illustrate this example of trading, I created a $1000 trading account and limited myself to only trading $333 (MAX) per day.
Here are the rules I set for myself...
-------------------------------------------------
Trading Plan
- Start with $1000 in capital
- Break that capital into 1/3 Daily limits
- Trade no more than 2-4 times a day
- Try to target 1-2 short term-trades and 1-2 intermediate-term trades each day
- Attempt to keep my losses limited (depending on market volatility)
- If I lose more than $300, I will stop trading and reevaluate what I’m doing right/wrong
The Daily Average Goal is 15-35% or more over a 30-day period of time.
I will try to execute the trades early in the morning and share the trades with Ment.com members.
I will attempt to pull the short-term trades off as early as possible (trying to lock in gains).
I will attempt to let the intermediate-term trades run a bit longer (possibly more than 1-2 days) in an effort to catch bigger price swings.
I will not attempt to chase market trends unless I see a very clear A-B-C type of price pattern.
-------------------------------------------------
After just five days of trading, my account is up over $45% and I've never risked more than $250 - $300 per day trading Options.
Anyone can do this - you just need the right tools and guidance.
You can DOUBLE your $1000 trading account every 20 to 30 days if you are diligent, consistent, and really learn to trade (not Gamble).
What is it going to take for you to learn how to trade efficiently?
I'm trying to show you HOW to do it and HOW to learn the skills to improve your life.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
THIS IS A FAKE OUT IMO! BUY THE DIPNASDAQ:QQQ AMEX:SPY AMEX:IWM
THIS IS A FAKE OUT! BUY THE DIP 👇
-Strong Economic Fundamentals
-Hawkish FED spreading FUD
-Same Government shutdown scares every year
-2T+ in options (mostly call) expiring today
-Gains being pressured to be sold for 24 taxes
-Scare meme coin & gambler bro's out the markets
-Incoming party is for business & the stock market
-VIX spiked faster than Japanese trade crisis
-Inflation still coming down
-AI is still strong and a catalyst
-Company earnings are still hefty
-Global markets are curling up not down
All of these reasons explain my point of this being a FAKE OUT. I will be buying this DIP because I see nothing CONCRETE! All I see is that the market maker and FED Chair Powell teamed up to be the GRINCH & SCROOGE this Holiday season. Not financial advice.
SP500 - #SPX melt up targets for cup and handle pattern.BLUE SKIES
Would you have believed it
If you were told a year ago.
When every expert was predicting a recession.
(which will come of course but when no one is expecting it )
So the conditions are set for a melt up
I believe #Bitcoin bottoms very shortly maybe this week or next
(grab some bitcoin miners!)
ENJOY THE NEXT few months!
#CNBC will trumpeting SOFT LANDING
Investors will believe interest rates are falling because of low #Inflation
Which is when the next slowdown will hit.
This cycle has been crazy and hard to follow the main trend.
The stimulus was unprecedented
Remember this cycle started in 2009... 15 years ago
We are near the end!
But first SPX to smash 5000 and than potentially we hit that 6000 number