SPY Day Trade Plan for 04/29/2025SPY Day Trade Plan for 04/29/2025
📈 550 553 556
📉 544 543 540.50
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*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
SPY trade ideas
Nightly $SPY / $SPX Scenarios for May 1, 2025 🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 1, 2025 🔮
🌍 Market-Moving News 🌍
🇺🇸 Q1 GDP Contraction Raises Recession Fears
The U.S. economy shrank for the first time in three years, down 0.3% in Q1. Weaker government spending and a rise in imports ahead of Trump’s tariff policies are weighing on growth outlook.
📈 Big Tech Lifts the Market
Strong earnings from Microsoft ( NASDAQ:MSFT ) and Meta ( NASDAQ:META ) have boosted sentiment. Meta’s revenue guidance and capex surge point to aggressive growth positioning in AI and infrastructure.
🏛️ Treasury Refunding Outlook in Focus
Markets are watching the quarterly refunding announcement for clues on upcoming bond issuance. This could influence rate volatility as the Treasury balances deficits and market demand.
🌐 Risk-On Mood Despite Macro Headwinds
Global stocks notched a 4-week high as traders bet on resilient earnings and central bank policy steadiness, even as U.S. macro data softens.
📊 Key Data Releases 📊
📅 Thursday, May 1:
📈 Initial Jobless Claims (8:30 AM ET)
Tracks new unemployment filings – a key gauge of near-term labor market stress.
📈 Continuing Jobless Claims (8:30 AM ET)
Measures ongoing unemployment benefit recipients, reflecting persistent joblessness.
🏗️ Construction Spending (10:00 AM ET)
Reports monthly change in total construction outlays — a direct measure of real economy investment.
🏭 ISM Manufacturing PMI (10:00 AM ET)
Provides a snapshot of U.S. factory activity. Readings below 50 suggest contraction.
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Opportunity Beneath the Fear: SPY's Reversal SetupIn the Shadow of Headlines: SPY’s Drop Could Be 2025’s Big Opportunity
As markets react sharply to renewed tariff fears and Trump-related headlines, SPY continues its descent. Panic is setting in—but behind the noise, a strategic opportunity may be quietly forming.
While many rush to exit, others are beginning to position for the bounce. A well-structured entry strategy could be key to turning uncertainty into gains.
Entry Zone (Staggered):
🔹 543: First watch level—look for signs of slowing momentum.
🔹 515: Deeper entry point as the selloff extends.
🔹 <500 (TBD): Stay flexible—if panic accelerates, this could mark a generational setup.
Profit Targets:
✅ 570: Initial rebound target.
✅ 590: Mid-range level if recovery builds.
✅ 610+: Full recovery potential—rewarding those with patience and vision.
Remember: Headlines fade, but price action and preparation stay. This selloff may continue—but it might also be laying the foundation for 2025’s most powerful move. The key? Enter with discipline, protect your capital, and let the market come to you.
⚠️ Disclaimer: This content is for educational purposes only and does not constitute financial advice. Trading carries significant risk. Always conduct your own research and use proper risk management.
SPY - short-term analysishi traders,
Let's have a look at SPY on 1h time frame.
As we can see the price created a double bottom and with the catalyst (Trump paused tariffs), the price pumped 11%.
It's approaching the resistance area and bulls are not out of the woods yet.
I expect a short-term pullback.
RSI is very overbought in 15 15-minute time frame which confirms this thesis.
Entry, target, and stop loss are shown on the chart.
Risk-reward ratio: 3,13
SPY Buyers In Panic! SELL!
My dear subscribers,
This is my opinion on the SPY next move:
The instrument tests an important psychological level 550.55
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 532.22
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
SPY EARNINGS WEELY AAPL AMZN MSTR METASPY WEELY - Apple, Amazon, Microsoft, and Meta will report earnings.
This week we have important earnings from Microsoft, Amazon, Apple, and Meta. We believe there could be a strong move in the SPY driven by the earnings reports, as well as by key economic data like unemployment figures, GDP, and Consumer Confidence. Based on these factors, we expect high volatility and see the potential for the SPY to move within the range of 530–520 on the downside and 560–580 on the upside.
Opening (IRA): SPY June 20th 375 Short Put... for a 3.74 credit
Comments: High IVR/>21 IV. Starting to ladder out here, targeting the strike paying around 1% of the strike price in credit.
Will generally look to roll up at 50% max to the strike paying around 1% of the strike price in credit if >45 DTE remain in the expiry and IVR/IV remains sufficient to collect 1% of the strike price in credit at 16 delta or less.
$SPY bear flag target between $387-443AMEX:SPY has been consolidating in a bear flag since April 7th. Should we break down from the flag, I can see a sharp move down to the lower support levels.
I think the most likely targets are at $443 and $409. However, it's possible we can find support at the other targets as well.
I think the move likely plays out before June. Let's see where we end up bouncing.
Invalidation of the downside would be a break over $567.
Bull FlagSPY looks like it’s forming a bull flag on the 15-min. If it breaks and holds above 536.43 with a strong green candle close, I’m grabbing calls. First take profit is 538.75, and if RSI stays above 60 I’ll leave a runner toward 542. If it breaks down under 534.30, that’s a sniper short setup toward 531.10. As always, do your own due diligence—this isn’t financial advice.
Nightly $SPY / $SPX Scenarios for April 30, 2025 🔮
🌍 Market-Moving News 🌍
🇺🇸 Bessent's Trade Remarks Stir Markets
Treasury Secretary Scott Bessent emphasized the U.S.'s readiness for a significant trade deal with China, suggesting potential easing of the ongoing tariff war. His comments have heightened investor anticipation for developments in U.S.-China trade relations.
📉 China's Factory Activity Contracts
China's April manufacturing PMI is projected to fall below 50, indicating contraction, as recent U.S. tariffs impact production. This downturn raises concerns about global supply chain disruptions and economic slowdown.
💼 Major Earnings Reports on Deck
Investors await earnings from key companies including Apple ( NASDAQ:AAPL ), Alphabet ( NASDAQ:GOOGL ), Meta Platforms ( NASDAQ:META ), Microsoft ( NASDAQ:MSFT ), and Amazon ( NASDAQ:AMZN ). These reports will provide insights into how tech giants are navigating current economic challenges.
🏛️ Treasury's Borrowing Plans Under Scrutiny
The U.S. Treasury is set to release its quarterly refunding announcement, detailing borrowing plans amid economic uncertainties and the impact of recent tariffs. Market participants will closely analyze the guidance for implications on interest rates and fiscal policy.
📊 Key Data Releases 📊
📅 Wednesday, April 30:
📈 Q1 GDP (8:30 AM ET)
Forecast: 0.3% QoQ
Previous: 2.4%
Initial estimate of U.S. economic growth for Q1, reflecting the early impact of new trade policies.
📈 ADP Employment Report (8:15 AM ET)
Measures private sector employment changes, offering a preview of the official jobs report.
📈 Chicago PMI (9:45 AM ET)
Assesses business conditions in the Chicago area, serving as an indicator of regional economic health.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
SPY - 700 is not impossibleA sneaky expanding diagonal for cycle wave 5 with a blow off extended 5th primary wave (final wave) makes the most sense to me. If that's what we are seeing right now, SPY might possibly hit low 700s in the next couple of years. Gold might pull back to low 200s in the meantime for a choppy wave 4. My plan is to switch from equities to gold at spy 700. Not a financial advice. This post is for educational purpose only
Probably going to be a choppy weekI think if you know how to draw well enough, yeah, you can kinda predict the future. Expecting price compression into 550 to the end of the week which would form a doji leading into May. Above the red line, we're more bullish, below the green line forming the compression triangle, we would be going bearish. An Iron Condor between 553 and 546 would probably work.
Candlestick Patterns + Trend and Momentum: A Perfect CombinationCandlestick patterns provide valuable insights into price action, showing potential reversals, continuations, or market indecision. However, to significantly improve their effectiveness, combining candlestick analysis with trend and momentum indicators is essential. Here’s how you can use these combinations to trade with more confidence and accuracy.
1. Why Candlestick Patterns Matter
Candlestick patterns visually represent traders’ psychology through price movements, including four key prices: Open, Close, High, and Low. Some of the most common and useful patterns include:
Doji: Indicates market indecision and potential reversals.
Hammer & Hanging Man: Signals possible trend reversals at support or resistance.
Engulfing Pattern: Often marks the beginning of a significant reversal.
Morning/Evening Star: Combination patterns that strongly suggest a trend reversal.
2. Adding Trend and Momentum Indicators
Candlestick patterns alone might lead to false signals or confusion. By pairing them with other technical tools, such as moving averages, RSI (Relative Strength Index), or MACD (Moving Average Convergence Divergence), you gain crucial context to confirm the reliability of the patterns.
Here’s how:
Trend Alignment:
Using moving averages, such as the 20 or 50-period EMA, helps confirm whether a bullish candlestick pattern appears in an uptrend (strengthening the signal) or countertrend (potentially weaker signal).
Momentum Confirmation:
Oscillators like the RSI or MACD can confirm the underlying momentum behind a candlestick pattern. For instance, a bullish engulfing pattern becomes more reliable if it coincides with RSI moving upward from oversold territory or MACD showing a bullish crossover.
Volume Analysis:
Higher volume on the candle that forms the pattern typically confirms increased market interest and strengthens the validity of the signal.
3. Practical Example: Bullish Engulfing + RSI
Imagine you spot a bullish engulfing pattern forming at a clear support level after a downtrend:
Step 1: Identify the Pattern: Confirm the bullish engulfing visually.
Step 2: Check RSI: Ensure RSI is below 30 or rising, signaling oversold conditions and potential bullish momentum.
4. Why This Approach Works
Enhanced Accuracy: Combining candlestick signals with trend and momentum indicators increases signal reliability.
Improved Risk Management: Clearer signals mean more confident entries and better-defined stop-loss levels.
Reduces False Signals: Multiple confirmations reduce the risk of false breakouts or reversals.
5. Final Tips
Always look for multiple confirmations (trend, momentum, volume) before making trade decisions based solely on candlestick patterns.
Be patient—waiting for full confirmation can help avoid premature trades.
Regularly backtest and practice recognizing these combined signals to strengthen your trading strategy.
$SPY April 28, 2025AMEX:SPY April 28, 2025
15 Minutes.
We had 3 days without any gap issues.
So, Some consolidation.
So, if we take the low 508.46 as bottom for the last fall then for the extension 508.46 to 544.44 to 533.8, we have 557 as initial target.
A retracement to 538-542 levels will be good as averages will converge slightly for a move towards 563.
For this holding 533-534 is very important.
SPY Tech Brkdown: Bullish Momentum Building into Key Resistance
SPY Technical Breakdown: Bullish Momentum Building into Key Resistance Zones
Analyzing the SPDR S&P 500 ETF Trust (SPY) on the 4-hour timeframe. As of the latest candle, SPY trades at $547.37, up 0.15%, and is showing signs of sustained bullish momentum after a recent pullback. For swing and short-term traders, this setup could present a strategic opportunity.
🔍 Price Action and Volume Analysis
SPY has shown a textbook recovery from April lows, bouncing cleanly from support around the S2 pivot at $515.50. Volume is also increasing on up candles, indicating institutional buyers may be stepping in. The 4-hour chart structure suggests a healthy uptrend with higher highs and higher lows.
🎯 Key Fibonacci Pivots and Resistance Zones
This chart includes weekly Fibonacci pivots, providing clear areas to watch:
R1: $530.33
R2: $545.15
R3: $554.32
Currently, SPY is trading just above R2. If it breaks and holds above this level, the next target lies at R3, which could act as a resistance zone and potential area for profit-taking.
🧠 Indicator Insights: VWAP and Bollinger Band Strategy
The lower chart panel features a strategy combining VWAP and Bollinger Bands, labeled "BBofVWAP with entry at Pivot Point." It triggered a +40 signal recently near the VWAP-Pivot level, reinforcing the bullish thesis. The slight expansion in Bollinger Bands hints at rising volatility, possibly paving the way for a bigger move.
📈 Bullish Scenario
If SPY maintains strength above $545.15, we may see a continuation toward $554.32 (R3). A strong close above R3 could signal a bullish breakout with potential to test new highs.
🔻 Bearish Case to Watch
On the flip side, failure to hold above R2 and a breakdown below $530.33 could indicate a bull trap. In this scenario, $515.50 or even $506.34 (S3) could come back into play.