SPY: Market of Buyers
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.
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SPY trade ideas
$SPY Recap of Last Week Feb 18-21
Last week we started the week with a run to make new ATH’s and then a drop back down to the 50DMA.
New ATH’s on Wednesday and then a gap down Thursday. Watch that red signal line Thursday going into Friday - clear resistance (at the red arrows)
We saw resistance at the 35EMA and the red signal line and we dropped all the wan down to the 50DMA.
Friday was intense, I did take a red day on Friday but still had a good week overall.
$SPY February 24, 2025AMEX: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 week to go long.
As expected, 613-614 provided resistance and AMEX:SPY pulled back as extension targe was achieved.
SPY Ready for Impulsive or Ending Diagonal?This 5th wave isn't feeling impulsive at all and if anything is indicating bearish RSI divergence. For these reasons, I feel that wave 5 is in what we call an ENDING DIAGONAL. Ending diagonals are really tricky to trade, as they have a series of overlapping movements. Price struggles to move higher, indicating exhaustion. Will still get a move to the 630 to 670 area, but if trying to trade it, the ups and downs vs impulsive behaviors make this tough to trade. After completion, there is typically a deeper correction, and since I am expecting a larger wave 4, this feels correct as well.
Now there is always a chance we haven't finished the prior larger wave 4 and we are either in a running or expanded flat, but will need to see a bit more to understand that scenario. Running flat would reverse soon and then impulsively higher vs expanded will undercut 574 and then rip higher (show on chart with green impulsive waves).
Elliot wave is so much easier to understand once the waves are completed vs speculating where they are going next!
SPY On The Rise! BUY!
My dear friends,
My technical analysis for SPY is below:
The market is trading on 599.97 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 605.39
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
SPY/QQQ Plan Your Trade Afternoon Update : BREAKDOWNIf you've followed my research over the past 90+ days - you were ready for this move.
If you were positioned for this breakdown, many of you should have seen decent profits or green in your accounts.
I'm so happy and proud to have helped many of you prepare for this move.
Stay cautious into the close as we may see more selling pressure drive prices lower.
Remember, everything I do is about helping you become a better trader.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Using The Screener + My Indicator To Find Market Direction CluesTrading Family,
In this week's market update, we'll look for some clues as to where both our crypto and stock markets are headed using a combo of my proprietary indicator in conjunction with some basic filters for TradingView's stock and crypto screener tool. We'll talk about what this combo is showing us and we'll also discuss some of the lessons I have learned from trading with my newly implemented AI-created indicator tool. Hope you enjoy.
✌️ Stew
$SPY Analysis, Key Levels & Targets for Feb 21
Today’s Trading range keeps us above the downtrend pivot and above the 30min 200MA.
We closed above the 35EMA, and that should always be the first level to watch.
We do have a down gap just underneath ATH’s - watch that for resistance.
Have fun today, y’all
Nightly $SPY / $SPX Scenarios for 2.21.2025🔮
🌍 Market-Moving News:
🇺🇸🛢️ Trump Considers 25% Tariff on Imported Cars: President Donald Trump has announced plans to impose a 25% tariff on imported automobiles, aiming to protect domestic manufacturers. This move could impact global trade relations and the automotive industry.
🇷🇺🇺🇸 U.S.-Russia Diplomatic Talks: High-level discussions between U.S. and Russian officials are set to continue, focusing on resolving the ongoing Ukraine conflict. Outcomes from these talks may influence global markets and geopolitical stability.
📊 Key Data Releases:
📅 Friday, Feb 21:
🏭 Manufacturing PMI (9:45 AM ET): Forecast: 51.3; Previous: 51.2.
💼 Services PMI (9:45 AM ET): Forecast: 53.0; Previous: 52.9.
🏠 Existing Home Sales (10:00 AM ET): Forecast: 4.13M; Previous: 4.24M.
📉 Michigan Consumer Sentiment (10:00 AM ET): Forecast: 71.1; Previous: 67.8.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
SPY: Key Levels and Market Outlook for February 20, 2025Market Structure & Price Action
SPY remains within an ascending channel, showing resilience around the 612.30-612.90 zone. The price structure suggests a potential breakout or rejection at resistance.
* Support Levels:
* 609.60-610.00 (key short-term support)
* 608.37 (potential breakdown trigger)
* Resistance Levels:
* 613.23 (local high & key breakout level)
* 615.00+ (potential upside target if momentum continues)
GEX & Options Flow Analysis
* Call Wall: 615 & 620
* Put Support: 598-605
* Put Sentiment: 83.4% (indicating downside hedging, but could fuel upside if trapped sellers unwind)
* IV Rank: 15.2 (relatively low volatility, suggesting a breakout move could be sharp)
Possible Scenarios
✅ Bullish Breakout: If SPY holds above 612.50-613, a move towards 615-620 could be in play.
🚨 Bearish Breakdown: Losing 609.60-610.00 would expose SPY to deeper pullbacks toward 605-600.
Final Thoughts
The market is at a key inflection point. Monitor volume and price reactions at 613 and 610 for directional confirmation. If momentum builds, SPY could extend toward 615, but failing to hold 610 could shift sentiment bearish.
Nightly $SPY / $SPX Scenarios for 2.20.2025🔮
🌍 Market-Moving News:
🇰🇷📉 Samsung Share Cancellation: Samsung Electronics plans to cancel over 57 million shares, including 50.1 million common shares and 6.9 million preferred shares, on February 20. This move aims to reduce the total number of issued shares without decreasing the company's capital.
📊 Key Data Releases:
📅 Thursday, Feb 20:
🏭 Philadelphia Fed Manufacturing Index (8:30 AM ET): Forecast: 19.4; Previous: 44.3.
📉 Initial Jobless Claims (8:30 AM ET): Forecast: 214K; Previous: 213K.
📈 Leading Index (10:00 AM ET): Forecast: -0.1%; Previous: -0.1%.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
SPY Bullish Breakout! Buy!
Hello,Traders!
SPY is trading in a strong
Uptrend and the index made
A bullish breakout of the key
Horizontal level around 608$
So we are bullish biased and
We will be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
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.
The Inside Out InvestorThere is a common misconception that investing in stocks is always stressful and emotionally overwhelming. Many people think that this activity is only available to extremely resilient people or crazy people. In fact, if you know the answers to three key questions, investing becomes a rather boring activity. Let me remind you of them below:
1. Which stocks to choose?
2. At what price should the trade be made?
3. In what volume?
As for me, most of the time, I'm just in waiting mode. First, I wait for the company's business to start showing sustainable growth dynamics in profits and other fundamental indicators. Then, I wait for a sell-off of strong company shares at unreasonably low prices. Of course, this requires a lot of patience and a positive outlook on the future. That's why I believe that being young is one of the key advantages of being a beginner investor. The younger you are, the more time you have to wait.
However, we still have to get to this boring state. And if you've embarked on this long journey, expect to encounter many emotions that will test your strength. To help me understand them, I came up with the following map.
Next I will comment on each of its elements from left to right.
Free Cash horizontal line (from 0% to 100%) - X axis
When you first open and fund a brokerage account, your Free Cash is equal to 100% of the account. Then it will gradually decrease as you buy shares. If Free Cash is 0%, then all your money in the account was invested in shares. In short, it is a scale of how much your portfolio is loaded with stocks.
Vertical line Alpha - Y axis
Alpha is the ratio of the change in your portfolio to the change in an alternative portfolio that you do not own but use as a reference (in other words, a benchmark). For example, such a benchmark could be an ETF (exchange-traded fund) on the S&P500 index if you invest in wide US market stocks. Buying an ETF does not require any effort on your part as a manager, so it is useful to compare the performance of such an asset with the performance of your portfolio and calculate Alpha. In this example, it is the ratio of your portfolio's return to the return of the S&P 500 ETF. At the level where Alpha is zero, there is a horizontal Free Cash line. Above this line is positive Alpha (in which case you are outperforming the broader market), below zero is negative Alpha (in which case your portfolio is outperforming the benchmark). Let me clarify that the portfolio yield includes the financial result for both open and closed positions.
Fear of the button
This is the emotion that blocks the sending of an order to buy shares. Being captivated by this emotion, you will be afraid to press this button, realizing that investing in shares does not guarantee a positive result at all. In other words, you may lose some of your money irretrievably. This fear is absolutely justified. If you feel this way, consider the size of your stock investment account and the percentage amount you are willing to lose. Remember to diversify your portfolio. If you can't find a balance between account size, acceptable loss, and diversification, don't press the button. Come back to her when you're ready.
Enthusiasm
At this stage, you have a high share of Free Cash, and you also have your first open positions in stocks. Your Alpha is positive. You are not afraid to press the button, but there is a certain excitement about the future result. The state of enthusiasm is quite fragile and can quickly turn into a state of FOMO if Alpha moves into the negative zone. Therefore, it is critical to continue learning the chosen strategy at this stage. A journey of a thousand miles begins with a single step.
FOMO
FOMO is a common acronym used to describe a psychological condition known as fear of missing out. In the stock market, this manifests itself as fear of missing out. This condition is typical for a portfolio with a high proportion of Free Cash and negative Alpha. As the benchmark's return outpaces your portfolio's return, you will be in a nervous state. The main worry will be that you didn't buy the stocks that are currently the growth leaders. You will be tempted to deviate from your chosen strategy and take a chance on buying something on the off chance. To get rid of this condition, you need to understand that the stock market has existed for hundreds of years, and thousands of companies trade on it. Every year, new companies emerge, as well as new investment opportunities. Remind yourself that you are not here for one million dollar deal, but for systematic work with opportunities that will always be there.
Zen
The most desirable state of an investor is when he understands all the details of the chosen strategy and has effective experience in its application. This is expressed in positive Alpha and excellent mood. Taking the time to manage your portfolio, developing habits and a disciplined approach will bring satisfaction and the feeling that you are on the right track. At this stage, it is important to maintain this state, and not to chase after thrills.
Disappointment
This stage is a mirror of the Zen state. It can develop from the FOMO stage, especially if you break your own rules and invest on luck. It can also be caused by a sharp deterioration in the condition of a portfolio, which was doing well in the Zen state. If everything is clear in the first case, and you just need to stop acting weird , then in the second situation you should remember why you ended up in a state of Zen. Investments are always a series of profitable and unprofitable trades. However, losing trades cannot be considered a failure if they were made in accordance with the principles of the chosen strategy. Just keep following the accepted rules to win in the long run. Also remember that Mr. Market is crazy enough to offer prices that seem absurd to you. Yes, this can negatively affect your Alpha, but at the same time provide opportunities to open new positions according to the chosen strategy.
Euphoria
Another way out of the Zen state is called Euphoria. This is typical dizziness from success. At this stage you have little Free Cash, a large share of stocks in your portfolio and phenomenally positive Alpha. You feel like a king and lose your composure. That is why this stage is marked in red. In a state of euphoria, you may feel like everything you touch turns to gold. You feel the desire to take a risk and play for luck. You don't want to close positions with good profits. Furthermore, you think you can close at the highs and make even more money. You are deviating from the chosen strategy, which is fraught with major negative consequences. It only takes a few non-systemic decisions to push your Alpha into the negative zone and find yourself in a state of disappointment. If your ego doesn't stop there, the decline may continue.
Tilt
A prolonged state of disappointment or a rapid fall of Alpha from the Euphoria stage can lead to the most negative psycho-emotional state called Tilt. This term is widely used in the game of poker, but can also be used in investments. While in this state, the investor does everything out of strategy, his actions are chaotic and in many ways aggressive. He thinks the stock market owes him something. The investor cannot stop his irrational actions, trying to regain his former success or get out of a series of failures in the shortest possible time. This usually ends in big losses. It is better to inform your loved ones in advance that such a condition exists. Don't be embarrassed by this, even if you think you are immune to such situations. A person in a state of tilt withdraws into himself and acts in a state of affect. Therefore, it is significant to bring him out of this state and show that the outside world exists and has its own unique value.
Now let's talk about your expectations, as they largely determine your attitude towards investing. Never turn your positive expectations into a benchmark. The stock market is an element that is absolutely indifferent to our forecasts. Even strong companies can fall in price if there is a shortage of liquidity in the market. In times of crisis, everyone suffers, but the most prepared suffer the least. Therefore, the main task of a smart investor is to work on himself until the moment he presses the coveted button. There will always be a chance to do this. As I said, the market will not disappear tomorrow. But to use this chance wisely, you need to be prepared. This means that you should have an answer to all three questions above. Then you will definitely catch your Zen.
SPY/QQQ Plan Your Trade For 2-19-25: GAP Reversal Counter-trendToday's pattern suggests a morning GAP will lead to a price reversal in a counter-trend type of mode.
I read this as a potential that price will initially struggle to find a trend. Eventually, when it does identify a trend mode, I believe that trend will strengthen into a reversal of the current upward price trend.
Normally, Counter-trend patterns invert. So, what I would have expected as an uptrend would turn into a downtrend. But, the markets have moved into a very consolidated price channel near recent highs and volume has diminished strongly.
Because of this type of setup, I believe an aggressive breakaway or breakdown price move is pending.
Price will attempt to make a move - and when it does, it should be explosive.
My continued research, which I share with you in this video, continues to suggest price will stall out and revert downward.
We'll see how things play out over the next few days.
Gold and Silver are back near recent all-time highs. Stay cautious of a breakdown in metals associated with a breakdown in the SPY/QQQ.
BTCUSD is still struggling to make a move. As you will see, I believe the dominant trend is to the downside right now.
In short, we are standing at the edge of a cliff regarding price action. At this point, we either grow wings and soar higher or fall downward - hoping for a soft landing.
Buckle up.
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
Nightly $SPY / $SPX Scenarios for 2.19.2025🔮
🌍 Market-Moving News:
🇺🇸🗣️ President Trump's Address: At 9:00 PM ET on Tuesday, February 18, President Trump is scheduled to deliver a speech that may provide insights into upcoming policy directions.
📱🍏 Apple Product Launch: Apple CEO Tim Cook has announced a new product launch set for February 19, 2025. Speculations suggest it could be the iPhone SE 4, featuring a 6.1-inch OLED display and an A18 chip with Apple Intelligence.
📊 Key Data Releases:
🏠 Housing Starts (8:30 AM ET): Forecast: 1.390M; Previous: 1.499M.
📄 FOMC Meeting Minutes (2:00 PM ET): Detailed insights into the Federal Reserve's policy discussions from the January meeting.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis