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Spyshort

SPY: Expect the downtrend to continueIf the downtrend continues as we expect then we need to focus on the DOM C level as a potential target. If the markets were to 'gap up' on Monday it is our opinion those are triggers for going bearish into 'assumed strength' by the novice traders. We are heading for the May 2021 lows on SPY (aka ETF of SPX). NOTE: If this DOM C level is breached, then our position 'for the week' is to go reverse (bullish) with a close above the 394.82 as a weekly trade.
AMEX:SPYShort
by bsdvs23
SPY/SPX BARELY HANGING ONAMEX:SPY SP:SPX whats up guys hope everyone is having a good week. was having some technical difficulties earlier this week so wasn't able to post any updates so I decided to do a bit of a deep dive into SPY and take a look at all time frames. primarily at the daily and weekly. for the SPY I believe we must hold 415 for us to see any type of reversal to the upside. if we get a daily close below that level i think we could see accelerated selling all the way down to around the 400 level. i also go over the weekly chart for SPX and showed my short idea on the weekly which so far is playing out nicely. in that analysis you can see the long term price target for the downside correction is around 3500 short term i could see a reversal to the upside as long as earnings are decent which so far they have been imo. when deciding if im bearish or bullish...i am seeing more bearish tendencies in the market than bullish tendencies so i am going to have to continue with the short idea. specifically for the weekly. let me know what you guys think. exciting market conditions if you ask me. thanks everyone! happy trading mindset matters
AMEX:SPYShort
by MindsetTrad3r
3
$SPX $SPY got SLAPPED by the 200 MA $SPX got SLAPPED by the 200 MA That's it. That's the post... --------- I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
SP:SPX
by SPYder_QQQueen_Trading
6
Spy heading to 465.. . then 470...As I have been stating for a while, it it not a BEAR market. I expect Monday to be a Green day and a GREEN week. I will not be surprised if it gaps up on Monday. There is a resistance at 445 range but it will break through. We will see 470 before we see 420s..but first we will touch 465 first.. One step at a time.. The stock market moves are not logical. If it was, it won't be at this price right now. So the employment reports, inflation, UKraine crisis, Covid, etc.. is all irrelevant. Only thing it matters is PRICE action. ________________________________________________________________ Are you being led by Jesus or you? Bible says only if you are led by Jesus, you are a Christian. If you are not, I recommend you get baptized with the holy spirit. Holy spirit is Jesus. Romans 8 14 New International Version For those who are led by the Spirit of Jesus are the children of God.
AMEX:SPYLong
by Jonniefriday206
16
Heading toward 470.The chart shows it is still bullish if you look at it from larger time frame. The resistance area has been drawn to indicate where it might fall before it needs to shoot up. It has been numbered to show the path where the Target price might hit. This is future prediction which can change. If you are trading swing options, you should be buying options 4 to 6 months until expiration so your time decay does not get eaten up. John 13 35 By this everyone will know that you are Christian, if you love one another.”
AMEX:SPYLong
by Jonniefriday206
12
Again.. heading toward 470s... What to expect next week: Scenario 1: It will shoot up and test resistance 465 and overcome it and hit 470s Scenario 2: It will drop to 438 - 439 and bounce off and resume bullish trend...and toward 470s.. What likely to happen: Scenario 1 What if Scenario 2 happens? I would go long at 438 -439 price range.. In general, the market goes against the mass sentiment. If the mass thinks it will go up, it will likely go down and vice versa. Don't trust media. Don't trust the Fed. Don't even trust inflation numbers. Don't even trust the VIX. Market is trying to make money. Anything they offer as important tool for you, it is to go against you. _____________________________________________ Are you a real Christian of fake Christian? Here is what Jesus said to be a real true Christian. A man’s enemies will be the members of his own household.’ 37Anyone who loves his father or mother more than Me is not worthy of Me; anyone who loves his son or daughter more than Me is not worthy of Me; 38and anyone who does not take up his cross and follow Me is not worthy of Me. Do you love Jesus more than anyone in your life? If the answer is NO.. you are not a Christian..according to this bible verse. Make sure you pray to Jesus everyday and obey him. Learn to hear his voice and have him guide you everyday. This life is like a penny. You will die sooner or later. Life in heaven is forever.. is like a billion dollars. Invest in billion dollars rather than a penny. Disclaimer: This is just my opinion. I am not a financial advisor. I live and die for my Lord and Savior Jesus Christ who died for my sins on the cross so I can have life. I was breathing and enjoying life but I was spiritually dead when I didn't know Jesus. Once I woke he was real, my life has forever changed. If you make money, make sure to share with the needy. Make sure you glorify Jesus in every aspect of your life by thanking him by your actions and conduct and not by just words.
AMEX:SPYLong
by Jonniefriday206
1
SPY The Bears are Back in Action!!Happy Sunday! Let's breakdown what happened this week with SPY and what I think will play out this week: -We filled the gap -Twice SPY retested the 200ema level @ $450.00 before moving back down -Strength moved from bulls to bears once this happened -On a 5minute chart the last 10minutes before the end of Fridays session we finally closed below the 200ema level signalling the bears are back! Next week: -Break of my support level @ $447.00 -We head down to test the low of the week @ $443.50 -Depending on the strength of bearish momentum I can see us heading to $440.00 which is another key level of support I have and we would be making a lower low -If bulls come back and somehow buying pressure is refuelled and we break $450.00 then SPY can easily head to my next resistance level of $454.00. However note that on the hourly chart we're clearly in a downward channel making lower highs so a move to $454.00 would still be overall bearish Have a great trading week everyone and please feel free to share your opinions in the comments :)
AMEX:SPYShort
by ScalperSteph