SPY in 200ma retest today as predicted.Hello Traders -
This will be an important day for technical traders. We need to see what happens with the price action around the 200ma before we can make a truly educated technical analysis, in my opinion. A lot of analysis, appear to be skipping ahead.. Unless they saw a pattern or are using more of a historical data technical analysis--are really just guessing. I saw a lot of these doom and gloom predictions make the front page and didn't see any of them mention a retest of the 200ma except one in the comments after... I guess sensationalism gets the most eyes, right?
Looking at you @TradingView "editor choice." ;)
I hope everyone is having a great day!
Cheers,
Mike
(UPRIGHT TRADING)
Spy500
SPY S&P 500 ETF W-Shaped Recovery The SPY S&P 500 ETF wend down after the huge amount of puts that i noticed last week:
Now i am considering a W-Shaped Recovery to $470 by the end of Q2.
The Ukraine invasion was price in at $410 and the interest rates will be lower than expected due to the war.
Looking forward to read your opinion about it.
$SPY not looking good. Hello Traders,
I hope you all are doing well.
Notice the Head & Shoulder pattern on the chart. Good for Shorts though. If this H&S plays out we could see a significant drop, up to 6-10% from current levels. However, if there is some throwback on Monday, we could see a much weaker pullback. As I mention in the chart: If 431.25-431.75 support holds,we could see some throwback. Thus, weakening the pattern.
Either way, it doesn't look good. Everyone's saying "Putin's got Puts" on the market, well maybe so; I mentioned in my previous post that geopolitics hadn't yet been factored in, well now they are starting to. I would like to note, although geopolitics can affect the markets... In what we are seeing currently, the largest disruption would only be from 2 things: uncertainty (markets don't like) and potential disruption in crude oil distribution to our allies, which could be a good thing if you're bullish on gas/oil prices (bad for inflation).
Now is a great time to remember to practice good risk management. It'd be reckless to go all in on either side of the bull/bear coin, so as always.. know your levels, entry, exit, and stick to your strategy and rules .
Cheers,
Mike
(UPRIGHT TRADING)
$SPY on Daily Potential Death Cross for March$SPY Daily Potential Death Cross for March
What is a Death Cross?
It's a technical pattern in which the 50-day moving average on a stock or index crosses BELOW its 200-day moving average.
The indicator is considered a bearish sign.
What are your thoughts?
Thanks,
Kelly
ES1! / Emini / SPY500 : Bullish move anticipationES1! / Emini / SPY500 is getting closer to 50% of the range since 2021 began - and can find buyers below 50% of the range (forced or willing) as shown on the chart.
Don't blindly trade the weekly chart, look for LTF confirmations.
Note : we are not predicting price, it can still drop like a rock. However we anticipate how it could play out.
GLGT
$SPYThe 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 corresponding to the weight of such stock in the index.
SPY bearish options todayI was monitoring the SPDR S&P 500 ETF Trust (ETF) options market and the puts are dominating the options today.
2/3 puts, 1/3 calls and some important dark pool prints sells.
My expectation is for a retracement at the $422 area, followed by a W shaped recovery.
Looking forward to read your opinion about it.
$SPYThe 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 corresponding to the weight of such stock in the index.
$SPY Bearish PennantThe 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 corresponding to the weight of such stock in the index.
SPY STOCK: Week SPY Friday Feb 11TraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you.
Utilizing Technical Analysis, I play out an insiders view of the activity in the financial exchanges today and gives you my Day Trading of 6 years of Trading Volatile current market , examining market patterns , and interpreting of where the market is going.
TraderMan PennyPorkChop Focus incorporates - Specialized Analysis - Exchange and market Education - Pattern and Pattern Analysis - Market Psychology - and Trading Mental Health.
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SPY Stock Analysis - S&P 500 SPDR ETF Stock Price Prediction for Tomorrow Thursday
February 7.th
We go over the SPY stock - S&P 500 SPDR ETF stock, and give our stock price prediction on the SPY stock, our SPY stock price analysis, and stock price forecast on SPY for tomorrow Monday February 7th .
SPY STOCK: THIS IS A SPY STOCK PRICE PREDICTION, SPY STOCK PRICE ANALYSIS, AND A SPY STOCK PRICE FORECAST VIDEO.
. My Ideal Views are looking for new ways to think about Trading.
. No BS Technical Analysis that works, period.
. Day Trading and Swing Trading.
. New Traders Welcome.
.Swing Traders Welcome.
. You get Daily SPY STOCK pre and Post Market and the Price Spy ETF price predictions Weekend editions.
. TESLA stock along with TESLA share Price including Tesla After Hours.
DISCLAIMER: No financial advice, the information on this channel is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The information contained in or provided from or through this channel is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The information on this channel and provided from or through this channel is general in nature and is not specific to you the User or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this channel without undertaking independent due diligence and consultation with a professional broker or financial advisory.
Daily SPY Update BaybEE!TraderMan PennyPorkChop looks out for opportunity to survey and examine the latest value activity in the market in a way that makes it helpful to you.
Utilizing Technical Analysis, I play out an insiders view of the activity in the financial exchanges today and gives you my Day Trading of 6 years of Trading Volatile current market , examining market patterns , and interpreting of where the market is going.
TraderMan PennyPorkChop Focus incorporates - Specialized Analysis - Exchange and market Education - Pattern and Pattern Analysis - Market Psychology - and Trading Mental Health.
👉 If you enjoy this video, Please like and share it.
👉 Don't forget to subscribe to this channel and press the bell 🔔 for more updates.
SPY Stock Analysis - S&P 500 SPDR ETF Stock Price Prediction for Tomorrow
We go over the SPY stock - S&P 500 SPDR ETF stock, and give our stock price prediction on the SPY stock, our SPY stock price analysis, and stock price forecast on SPY for tomorrow Fri February 4th.
SPY STOCK: THIS IS A SPY STOCK PRICE PREDICTION, SPY STOCK PRICE ANALYSIS, AND A SPY STOCK PRICE FORECAST VIDEO.
. My Ideal Views are looking for new ways to think about Trading.
. No BS Technical Analysis that works, period.
. Day Trading and Swing Trading.
. New Traders Welcome.
.Swing Traders Welcome.
. You get Daily SPY STOCK pre and Post Market and the Price Spy ETF price predictions Weekend editions.
. TESLA stock along with TESLA share Price including Tesla After Hours.
DISCLAIMER: No financial advice, the information on this channel is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The information contained in or provided from or through this channel is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The information on this channel and provided from or through this channel is general in nature and is not specific to you the User or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this channel without undertaking independent due diligence and consultation with a professional broker or financial advisory.
____________
Analysis of S&P500The main reason behind this analysis on top of technical analysis are the fundamental reasons:
Premise: Market is NOT in recession as...
1) Oil/Yields are not dropping
Refer to historical bear markets for reference
2) PMI above 50
During recession, PMI will contract below 50
3) W5 is missing
The elusive w5 has been missing from many Elliott Wave counters and this analysis explains it.
4) The effect of QT and rates hike will take 1-2 years to flow into the market
Refer to historical hikes for reference
Short/Mid Term (End of 2022): Bullish W5
Long Term (2023-2024): Bearish
-Divergence on momentum oscillators
-Oil, yield and market will be strongly correlated during this drop
Thank you everyone for reading my idea.