Market bottom called perfectly at $581 $SPY $QQQ $DIA Market bottom called perfectly at $581 🎯 AMEX:SPY NASDAQ:QQQ AMEX:DIA This was one and only mention too 🎯by ProfitTradeRoom1
WAVE B LOW or 2 5860 wave C up still coming The drop this morning was not much of a Surprise as we had a abc rally to.786 and now we have 3 wave down for Wave B of 5 or 2 NEW MOON We should see now The rally to 6235 in wave C or 5 of the diagonal best of trades WAVETIMER by wavetimerUpdated 7
Spy Up date Looknig Bullish As we are having FVG form lets close above on the higher time frames and we are looking good Longby CapitalGainz332
Spy Road To $615I expect the price volatility level to be high to the upside for the next 14 days or so! Im very Bullish for this month on Spy!!! But I truly believe there will be so much more return in and upside potential money to be made in this Sector Stock which content is out now! I will be updating All the way up to $615, I suggest you watch the sector stock which is forecasted to do very well this year. As always good luck traders and safe TradesLongby JoeWtradesUpdated 447
SPY/QQQ Plan Your Trade For 1-6-25 : Inside BreakawayToday's pre-market RIPPER RALLY somewhat invalidates the "Inside" part of any Inside Breakaway pattern. But, this rally mode in price validates what I've been suggesting for more than 3 weeks now - that the markets would settle after the new year and start to move into a rally phase before the Presidential Inauguration event. Today's rally in metals and the SPY/QQQ suggests traders are eager to see the Q4:2024 results and are starting to PILE INTO the US equities markets after a very volatile end to 2024. Even though 2024 was a banner year for the SPY (up over 20% YoY), December was very difficult for many traders. Aren't you glad you listened to my advice and moved to 80-85% CASH back on October 25 and avoided all this chaos? As we start this week, I want to warn you that trades will be fairly quick in terms of "making up for lost ground". I believe quite a bit of the market's movement will take place overnight and pre-market. We'll still see some trending throughout the US regular trading session - but I believe the bigger moves will take place after hours in most cases. Remember, foreign capital will be pouring into US assets for safety and security over the next 3-6+ months. Gold and Silver will act as a hedge against perceived risks and I believe Gold will make a rally attempt above $2800 in early 2025. Silver.. Well, Silver is about to see an explosive move to levels above $35 in my opinion. Bitcoin is still struggling to break away from this sideways price range. I believe the real struggle will materialize in about 24 to 48 hours as Bitcoin reaches an overlapping consolidation phase (almost like a Flag Apex). This is where I believe big volatility will hit for Bitcoin. Get some.. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver Long24:26by BradMatheny5510
Long SPY: Key Levels Indicate a Bullish Breakout Next Week- Key Insights: The S&P 500 ETF (SPY) has demonstrated strong bullish momentum, rising by approximately 1.25% last week. Analysts see potential for SPY to surpass the critical $600 level, which, if breached, could trigger increased buying activity. Monitoring resistance and support levels is crucial for assessing potential price action in the upcoming week. - Price Targets: - Next week targets: - Target Price 1 (T1): $596 (initial short-term target based on bullish momentum) - Target Price 2 (T2): $598 (anticipating further price advancement) - Stop levels: - Support Level 1 (S1): $590 (current support indicating strength) - Support Level 2 (S2): $580 (strong support level in case of pullbacks) - Recent Performance: SPY's recent activity has showcased notable strength, consistently closing above key support levels with bullish indicators pointing towards continued upward momentum. The ETF is currently trading at $591.95, just shy of the critical resistance ceiling. - Expert Analysis: The sentiment among market analysts remains positive, with expectations that both SPY and the Nasdaq (QQQ) will reach new all-time highs. This overall bullish outlook is bolstered by strong investor demand and favorable macroeconomic indicators. Careful monitoring of resistance levels is essential as they may determine the immediate market trajectory. - News Impact: While specific news items were not highlighted, the general sentiment aligns with broader economic trends suggesting continued bullish strength. Key economic data releases and earnings reports from major companies within the S&P 500 will be pivotal in shaping SPY's performance. Additionally, heightened gamma exposure around the $600 strike indicates potential for increased volatility, which could lead to significant market fluctuation.Longby CrowdWisdomTrading221
1/6 Weekly Watchlist + NotesIndexes - SPY had a really interesting start to the year this past week. For starters, we went 2-1-2d and hit magnitude on Thursday before seeing price retrace back through all of the weeks previous range before making new weekly highs, and closing green. We now have 1-2-2U potential on all indexes, as well as a LOT of names off my scanner. Its also worth noting that we poked through previous month lows on all indexes before seeing a reversal back into previous range. This now opens up the potential for outside months on all indexes (AKA engulfing bars) which will be evidenced by our weekly setups triggering the 1-2D-2U and targeting the previous month's midpoint on all indexes to trigger the SSS50% rule (Which essentially says when you break one side of previous range and then retrace more than 50% of the previous candles range, you are now closer to taking out that other side than you are to reclaiming the side that was already taken out. It doesn't necessarily mean price is more likely to go to the other side, but it does mean that there is less room to the other side than their is to the one side broken, which means it is fundamentally less difficult to achieve since it would require less effort from one group (in this case buyers) to reclaim one side vs the effort it would take the other group (Sellers) to reclaim the level broken already. This week it is evident we have all the setups and evidence needed to start heading back towards ATH on the indexes, but it will depend on whether we can actually take out previous week highs, and then remain above them. Simply put, if price is above previous week highs, we are seeing an attempt to reclaim the previous weekly highs all the way up to ATH. If we break above previous highs and fail to stay above, then we are seeing a failed attempt from buyers, and we can look to target previous week lows. If inside week, we just rely on what is happening each day to see where daily participants are attempting to take price. If price is stuck inside previous week range, trade something that isn't. The watchlist for the week will include the best bullish setups, and also looking for relative weakness in what is currently a strong market (as evidenced by the majority of stocks on all indexes being green on the previous day and week). Bullish: NYSE:LUV - Big hammer daily that took out a lot of daily pivots below on friday. Hammer week as well, but having mother bar issues on the week as well as M being inside despite large drawdown Friday. Sort of expecting a big move or big fail this week. NASDAQ:AMD - Revstrat hammer week at M/Q Exhaustion level NASDAQ:SMCI - 2-2U weekly to counter M going 2D. Daily BF looking to expand. (played this 2 weeks ago for downside, now we have evidence to go long back through range) NYSE:NET - 3-2U W to target ATH NASDAQ:MSFT - 2-1-2U D to trigger W hammer 2-2 to negate monthly 2-2 rev. Daily PMG as well Bearish: NYSE:KO - 3-1-2d shooter D, 2-1-2 W, 2-1-2 M. 3 Actionable signals that could all trigger and hit targets easily this week, if not all on Monday alone NYSE:DG Revstrat shooter W to trigger monthly 2-2D. Nice weekly Broadening Formation NASDAQ:DLTR - Failed 2U Week that triggered SSS50% rule. Looking to quickly drop back through previous range to take this month failed 2U to 3. DG also looking weak so slight industry support here too. Neutral: NASDAQ:AVGO - 2x Inside week. No daily AS, but seemingly making a new BF within the combined range of the 2 days after their recent ER. Weekly participants lacking control since then and currently showing evidence of sellers trying to take out LOD from ER gap up day. Can trade this either way since compound inside bars typically result in outside bars following. Longby Alanger17113
SPY Set for a Breakout? Key Levels to Watch on January 6thTechnical Analysis (TA): 1. Trend Overview: * SPY is attempting to recover from the recent downtrend. * The price is consolidating near the $592 resistance level with a potential breakout setup. * Support near $585 has been respected, marking it as a critical level. 2. Key Levels: * Support: $585, $581 * Resistance: $592, $600 * Watch for a breakout above $592 for potential bullish momentum or a breakdown below $585 for a bearish move. 3. Indicators: * MACD: Showing bullish divergence, indicating momentum is building. * Volume: Uptick in volume on recent moves, adding credibility to the trend. * RSI: Near neutral; no overbought/oversold conditions. 4. Price Action Forecast: * Above $592: Expect a move toward $600 if momentum sustains. * Below $585: Potential retest of $581 or lower. GEX (Gamma Exposure) for Options: 1. GEX Levels: * Call Resistance: $595 (39.97%), $600 (44.29% GEX). * Put Support: $585 (-5.34% GEX), $581 (-5.34%). 2. Directional Bias: * Positive gamma above $592 could trigger controlled upward movement. * Below $585, negative gamma may accelerate selling pressure. 3. Options Strategy: * Bullish: Enter calls above $592 targeting $600 with tight stop-loss near $590. * Bearish: Enter puts below $585 targeting $581 with a stop-loss at $588. Conclusion: SPY is trading at a critical juncture with potential for volatility around key gamma levels. Traders should watch $592 and $585 for directional cues. Gamma suggests significant resistance near $600 and strong support at $585, aligning with current technical levels. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own due diligence before trading. by BullBearInsights7
Keep Investing for Your Future: Why Consistency Pays OffInvesting isn’t just for the wealthy or financial experts—it's for anyone looking to secure a better tomorrow. One of the most powerful actions you can take today is to keep investing for your future. Whether it’s through stocks, bonds, real estate, or retirement accounts, consistent investing can help you build wealth over time. The key to success is not trying to time the market, but staying disciplined. Small, regular contributions may not seem like much now, but thanks to compound interest, they can grow significantly over the years. Think of it as planting seeds today and watching them grow into a fruitful garden for tomorrow. Another reason to keep investing is the inevitable ups and downs of life. While markets may fluctuate, historical trends show that over long periods, they generally rise. By keeping your investments steady, you can weather short-term volatility and benefit from long-term growth. It’s never too early to start, and the more time your money has to grow, the better. So, whether you're just starting or have been investing for years, remember that consistency, patience, and a long-term outlook are your best allies. Keep investing for your future—it’s an investment in yourself. The S&P 500 offers broad market exposure, representing 500 of the largest U.S. companies, which provides a diversified foundation for any investment portfolio. Its historical performance has shown steady, long-term growth, making it a reliable choice for building wealth. Additionally, the S&P 500 is relatively low-cost and accessible, making it ideal for both beginner and experienced investors alike.Longby ROMLUCK2
Where is the Stock Market Heading? Forecast & Analysis thread!Where is the Stock Market Heading? 📈📉 Stock Market Forecast & Analysis🧵 In this thread, we’re breaking it down for you: -TA on TVC:VIX NASDAQ:QQQ AMEX:SPY AMEX:IWM TVC:VIX -Economic Data -Insights & Predictions Let's dive in friends! Not financial advice NASDAQ:QQQ Monthly Chart analysis: -H5 Indicator is GREEN -We are above 9ema and smoothing avg. Most importantly we are still within our Williams Consolidation Box which is my personal strategy I use with the Wr%. As long as we stay within the confines of this Box we will continue to climb higher on the Q's outside of pullbacks. Weekly Chart Analysis: -H5 Indicator is GREEN -Held volume shelf -Wicked back above 9ema (BULLISH) -Ascending triangle patterns Measured Move has not been realized yet. $580 -Created a Hammer Candle which is a reversal candle found at the bottom of downtrends, pullback, or corrections. Had a Normal 6% Pullback and bounced hard around the S/R Zone. Everything I'm seeing is BULLISH going into CES2025 week and I believe we continue back to ATH's! TVC:VIX First up we have the Volatility AMEX:SPY Index which spiked up due to the FED dropping a FUD Nuke on the markets heading and causing the largest one day volatility spike in 2024. But, as you see below we have fallen in line since that day. We have created a bearish flag pattern and broken down through the base and should continue to flush lower. Keep in mind 60-70% of breakouts (either direction) come back to retest the point of the breakout area. Could see this happen with FOMC minutes being released this Wednesday. AMEX:SPY Monthly Chart analysis: -H5 Indicator is GREEN -We are above 9ema and smoothing avg. -Wicked off previous resistance flipped into support Most importantly we are still within our Williams Consolidation Box and thriving! $650 2025 PT! Weekly Chart Analysis: -H5 Indicator is GREEN -Wicked back above smoothing line -Created a Hammer Candle right above 9ema Had a Normal 4.35% Pullback and bounced hard around the S/R Zone. Everything I'm seeing is BULLISH going into CES2025 week and I believe we continue back to ATH's on the SPY! AMEX:IWM As I've stated in other posts the CAPITALCOM:RTY typically runs and plays catchup to the SPY and QQQ towards the end of bull runs and before the big corrections or crash comes. Weekly Chart Analysis: -At the bottom of an uptrend channel -Sitting on a massive volume shelf -At a massive S/R area -At the retest point for the Multi-Year CupnHandle breakout! With a Measured Move up to $306. Thats the same measurement of the CAPITALCOM:RTY catching back up to the $SPY. ECONOMICS:USCIR - Core Inflation Rate YoY Inflation is dead and falling like a rock! I don't hold any weight into what the FED was saying about inflation when he was the Grinch and spreading FUD. The FED is always to slow to do what is needed to be done and right now that is to continue to cut before things in the economy start to break due to higher rates. They raised rates to SLOW and they are choosing to cut rates to SLOW! What I'm seeing is we will continue to fall with small pockets of bounce backs in inflation on the overall down trend to sub 3 then sub 2 as you can see on the chart with the yellow levels. Overall Economic numbers are very positive and have been beating what the experts have been forecasting in December. We have some more data coming out this week and we will see if that trend continues. Like I said in a separate post, the FED has been talking about a boogeyman and spreading FUD but the DATA and NUMBERS show the BOOGEYMAN isn't REAL! Thanks for reading friend! If you enjoyed this analysis and forecast of the markets please like/ follow/ share if you feel I deserved it! ALL SOCIALS/ LINKS IN SIGNATURE BELOW AND PROFILE.Longby RonnieV294431
$SPY January 5, 2025AMEX: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 consolidation. Technically buy will be triggered only above 610 on closing basis in daily. No trade for me on Monday. Not a good setup. by RiderTrader2
SPY ANALYSISSPY is holding the monthly support at $584 and has broken the daily support at $590. I anticipate a pullback to $590 before it continues upward, targeting the daily resistance at $598.Longby Balum6791
SPY: 597, then 585 or lowerSPY appears to be in a descending wedge (bullish) or a descending triangle (bearish). I'm expecting a rally to 597 on Monday, but we will likely see a rejection at the resistance line. I'm leaning towards the descending triangle and we see a fall through support to 567, but either of these patterns supports a drop to at least 577. Shortby FiboTrader1111126
LAST HURRAH $SPY MONTHLY DIVERGENCE WHICH CAN LAST FOR MONTHs BUT THIS IS THE FINAL WAVE 5 THEN EXPECT PULLBACK ..i am 50% cash i have a feeling meltdown begins once trump takes over .FEB march may be meltdown .i m getting cash heavy by Billy1987901
SPY Chart: Buy the DipsSummary The S&P 500 (SPY) is still in a bullish trend. This chart focuses on buying dips instead of selling. Key buy zone is marked in the green box. Key Points Buy in the Green Box: This area is where SPY is expected to bounce back. Targets are $602.30 and $624.29. Support and Stop-Loss: Stop-Loss: $560.66 – If SPY falls below this, the bullish trend may be invalid. Support Zone: Between $563 and $573, as highlighted by Fibonacci levels. Invalidation Level: If SPY breaks below the red line at $510.50, we’re no longer in a bullish cycle. Upside Potential: As long as SPY stays above the green zone, it can move toward higher targets. Simple Plan 1. Wait for SPY to drop into the green box before buying. 2. Avoid selling SPY; it’s better to focus on buying dips in this setup. 3. If SPY goes above the (X) wave, the bearish scenario is invalid. Key Message This chart is about staying patient and waiting for the right time to buy. The green box is your chance to get in before the next rally. Let me know your thoughts in the comments below! 🚀Longby MrStockWhale3
SPY reaching liquidity zone, hedge your longsSPY reaching liquidity zone, hedge your longs. This analysis is for informational purposes only and not a financial advise.by quietbullUpdated 1111
$SPY Land of #RisingWedge's (Was this the bottom?! Orrrr...)Was yesterday the bottom? Is today continuation? Seem's like people thought this just a few days ago after 3 big days only to lead to another leg down... hmmm Wedges are my favorite setup. Ofc @TradingView software probably spotted 0 of these because...? lol Notice; Gap (Eyes) up both days than slight lean (circles) of towards close... #FEW #Warning for #BottomCallers , I see more downside. Also for anyone RED out there. I'm RED today despite that NASDAQ:TSLA chart and NASDAQ:NVDA chart LOL. We're all human and make mistakes, we don't all learn from them. -Prophecies Shortby Prophecies_R_Us131320
Restest Rejects 591 592 play again.Down she goes in my opininionDown she goes in my opinion. but still be careful here bulls wanna see 600 gap fill, bears want 576 .Have a great weekend and hope everyone making some moneyby CallsNPuts93333
Spy Road To $615I Still am long With Spy, There is no Doubt, will we see a big correction possibly in the coming months , Yes I believe But in the Meantime Money Will Be Transferred To Different Stocks & Sectors Forsure Even if we do go in a bear Market!!! So I Will Be allocating Into The Stock Sector Which I had no exposure to, that can set me up for huge generational wealth and Gains Content Out Now,, As Always Good Luck Traders And Be SafeLongby JoeWtradesUpdated 221
SPY/QQQ Plan Your Trade: Learning A or B Trading StylesYesterday, after the GDP Now data hit, I received a number of messages related to my SPY Cycle Patterns and how they work in comparison to big news data (like GDP, JOBS, PMI, & Others). Let me try to explain one simple thing to all of you. The SPY Cycle Patterns are based on GANN/Fibonacci Time/Price cycles. They DO NOT correlate or predict price movement based on NEWS EVENTS or other extraneous data. The SPY Cycle Patterns are, in essence, the core price expectations related to time/price cycles WITHOUT EXTERNAL NEWS EVENTS. They represent what price is likely to do without any big news, economic data, or critical major event taking place to disrupt the Cycle Pattern. So, it is important for traders to understand what I call the "A or B" type of trade setup. Price is always attempting to reach new highs or new lows - ALWAYS. Failure to reach new highs means price must roll downward and attempt to reach new lows. Failure to reach new lows means price must roll upward and attempt to reach new highs. It is that simple. Price is always attempting to break above previous critical highs or lows - ALWAYS. Thus, once you understand this as a basis of price structure/movement, then you can begin to apply more advanced patterns (Fibonacci Price Theory, Excess Phase Peak Pattern, Others) as an additional layer to price structure in an attempt to understand how price dictates all trending/movement. Now, one must also understand when price attempts to break levels (high or low), it can REJECT at those level (after breaking to new highs or lows). This is what I call a "Washout" pattern. Rejection happens when a new low or high is reached, but the price FAILS to continue to trend in that direction. For example, if price were to reach a new higher high, then reject, this would be an example that strong resistance exists at/near the previous high level - causing price to FAIL to maintain that new high price level. Thus, I would expect price to move downward after REJECTING at the new high levels (see above). The reason I'm trying to teach you these price concepts is because I want you to learn to make better decisions - not learn to just "follow along". You have to learn to understand price and understand how price moves related to opportunities. That is what trading is all about - anticipating price moves because of what you are able to discover on a price chart. Get some. Happy Friday. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long27:32by BradMatheny227
SPY 1-Hour Technical Analysis and GEX Insights-Jan. 3Technical Analysis (1-Hour Chart) * Trend and Price Action: * SPY is trading in a clear downtrend, respecting a descending trendline, with lower highs and lower lows observed. * Current price action shows a slight bounce off the $577.74 support level, but the structure remains bearish. * Volume: Selling pressure has been dominant, with moderate volume on the bounce, indicating cautious buying. * Indicators: * MACD: Showing early signs of a potential bullish crossover, signaling a short-term recovery attempt. * Stochastic RSI: Oscillating from oversold levels, hinting at a possible relief rally or consolidation. * Key Levels: * Support Levels: * $577.74: Immediate support; a breakdown could lead to further declines toward $572.00. * $572.00: A significant support zone aligned with historical price action. * Resistance Levels: * $585.87: Immediate resistance near the descending trendline. * $588.00: Strong resistance level with GEX-related CALL activity. * $592.30: Additional resistance if the price breaks out above $588. GEX Insights for SPY * Gamma Exposure (GEX): * Positive GEX Zones: * $588.00: Key CALL wall and a significant resistance zone, indicating strong seller interest. * $590.00: Secondary resistance with additional CALL interest and moderate gamma exposure. * Negative GEX Zones: * $577.00-$572.00: Heavy PUT concentration and highest negative gamma levels, providing strong support but signaling potential volatility below these levels. * Options Metrics: * IVR (Implied Volatility Rank): 21.9%, suggesting relatively low volatility compared to historical levels. * Options Flow: * CALLs: Modest activity concentrated near $588-$590. * PUTs: Dominant below $580, reflecting heightened downside hedging by market participants. Trade Scenarios: Bullish Scenario: * Entry: Above $586.00 with confirmation of bullish momentum. * Target: $588.00 (initial), $590.00 (extended). * Stop-Loss: Below $584.00 to limit downside risk. Bearish Scenario: * Entry: Below $577.00 with strong selling volume. * Target: $572.00 (initial), $570.00 (extended). * Stop-Loss: Above $580.00 to cap losses. Conclusion SPY is at a critical juncture, with $577 acting as key support. A break above $586 could trigger a short-term rally, while a breakdown below $577 might lead to increased selling pressure. GEX data aligns well with these levels, providing clear zones for traders to watch. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk responsibly. by BullBearInsights8
SPY JAN 24 callspicked up SPY $600 Jan24 calls buying the dip and looking at trump taking office to rocket us to new ATH. 2 FVGs along the way planning to be pretty much out going into the 24 accept for free runners.Longby Shawn03231
SPY Key Support Zone and Trendline AnalysisThe chart represents SPY (S&P 500 ETF) price action on the 1-hour timeframe, highlighting critical support and trendline levels: Descending Trendline: A downward sloping trendline (blue) illustrates the persistent bearish momentum. Price tested and respected this trendline multiple times, confirming it as a resistance level. Key Support Zone: A rectangular orange zone marks a significant support level where buyers previously stepped in. Price is approaching this area, indicating a potential bounce or breakdown. Volume Analysis: Increasing volume towards the support zone suggests heightened activity, likely due to a tug-of-war between buyers and sellers. Market Outlook: A bounce off the support zone could trigger a short-term recovery, targeting the trendline as resistance. A breakdown below the support zone would signal further bearish momentum, with potential downside continuation. Trading Tip: Monitor price action near the support zone and volume for confirmation of a bounce or breakdown before taking any positions.Longby MTrade_MomentumTrader113