SPY: Last week of JulyHey everyone, Expect a volatile week this week. This week will be our make or break. It either sets the tone for a crash or a recovery back to an ATH. The most likely outcome is TBD. These are just my thoughts and not advice. Safe trades everyone! 13:17by SteverstevesUpdated 494969
SPY Bullish Gap filled - FOMC day.Gap filled at 553.50. Market range developing . Awaiting NFP data on friday.by holdersolutions860
FOMC Trade Ideas SPY VersionFor those who would rather use SPY over ES, here's the SPY chart. It's very similar. We have support shortly below and then final support near $524, with trendline resistance above.by AdvancedPlays1
SPY/QQQ Plan Your Trade 7-31 Mid-Day Update - POP May IntensifyPlease watch this video to learn how the already big rally phase (starting the Vortex Rally) may intensify over the next 10+ days. By my analysis, the SPY could rally to levels above $565 before mid August. But, the SPY Cycle Patterns still show a moderate price pullback is in order before we move onto any extended rally phase. I've also made some big changes to the new TradingView tools I've been working on. Very happy with the current mods/adjustments. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldLong17:47by BradMatheny0
There's A Setup For A BounceFor fun, no idea what I'm doing. Same as all the last times really, just see how it goes tomorrow morning, right now future are up and probably will need to be pretty in the red like 532-535 area to feel comfortable. Depending on what happens tonight going into tomorrow it's setting up for a bounce as crazy as that looks and sounds. The bottom graph has a line that suggests oversold. In my mind it is set up if the line remains below the dotted line July 31. If it goes up above then maybe toss the idea (sometimes it still goes works). I literally only post when this is set up and the last time was Oct 30 23, and I posted the weekend before. Maybe down early in the first part of the day, then reverse up and hard for the next few days? This is the first time this is setup since Oct 30 23. From the low of July 31 - I usually say 5% chance of ~+10% by Aug 5 (top yellow circle) 40% chance of +5.5% by Aug 5 (lower yellow circle) 60% chance of +5.5% by Aug 14 (right yellow circle) Really really really don't think we will get +10% with how things are set up that's just blowing into ATHs, but just saying it does happen sometimes (not when it's like this though) Green eclipse is things going according to the idea, above is a bonus, below is a fail. You might be asking 40%? 60%? so you're flipping a coin? could go up, could go down? Well it's 40-60% chance of +5.5%, nothing is guaranteed and that's why you have responsible stops in place. Feelings wise it just doesn't really make sense being near ATH, the drop hasn't been that bad, a bounce puts us near ATH at the very least, and Friday's unemployment numbers might trigger some recession indicators e.g. Sahm (even though a lot of them have been triggered and we sit here). So I guess it's up to that FOMC meeting tomorrow? I mean my feelings don't matter but if I do enter anything and it goes my way a little I'm cashing out a little early at least. Longby ABirdOfParadiseUpdated 2
SPY/QQQ Plan Your Trade 7-31 Mid-Morning Update - POP DelayedIt looks like the POP pattern was suppressed by yesterday's Israel attack - pushing price downward and really creating a bullish launchpad type fo reversion move. The Nasdaq is up over 3% The SPY is up over 1.6% These are HUGE upward price moves. In my opinion, this is the POP pattern showing up a day late (disrupted by the Israel/Lebanon attacks yesterday). In this video I highlight what I think is still a potential for a bit more upward price trending. We will reach a peak today and likely stall downward a bit later in the day. But for now, this reversion rally seems very strong. Get some #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldLong10:58by BradMatheny2
SPY replicating MON. FRAC basics Without doing the technical aspects including TPO with targets I’m just giving the idea in Numerology that it will be similar to Monday action. Tomorrow 8.1 then will be GREEN and 8.2 Friday will be RED. Have an awesome day ! LUP247 by L_UP_2470
$SPY $QQQ Right shoulder is in for H&S!The right shoulder price target for the Head & Shoulders pattern on the daily & weekly time frames is in today. Now we need confirmation for the next drop, bearish continuation! by Tamara_IsAtTheBeach0
Bullish Butterfly and Bat Patterns on SPY (3H Timeframe)🔍 Overview: Exciting bullish setups on SPY with both Butterfly and Bat harmonic patterns on the 3-hour chart! 📈 These patterns are showing strong potential for an upward move. 📉 Chart Analysis: 1️⃣ The Butterfly and Bat patterns suggest potential bullish reversals, with support holding around the $533.47 level. 2️⃣ These double harmonic patterns provide strong bullish confirmation, making this setup particularly compelling. 📊 🎯 Trade Setup: Profit Target 1: $548.53 💰 Profit Target 2: $563.50 💸 Stop Loss: $533.47 🚨 📝 Why I'm Interested: The combination of these two harmonic patterns strengthens the bullish outlook. 📈 These patterns often signal high-probability reversals, providing a great opportunity for a long trade. The RVOL Average is supporting the creation of this patterns as well. 📅 Timeframe: Monitoring this setup on a 3-hour chart, which means keeping an eye on shorter-term price movements for optimal entry and exit points. ⏳ 🔔 Stay Updated: Keep watching the price action and adjust your strategy as necessary. Let's capitalize on this opportunity! 🤑🚀 #SPY #BullishButterfly #BullishBat #HarmonicPatterns #Trading #StockMarket #TechnicalAnalysis #TradeTalkFarsi 📈🚀Longby TradeTalkFarsiUpdated 2
SPY/QQQ Plan Your Trade 7-31 Morning UpdateThis video highlights the morning Gap and what to expect before price settles and attempts to move above $553-555 today. I fully expect the Vortex Rally to move price higher over the next few weeks/months. But, today is going o be critical to see if Price can attempt to move above the recent resistance area near $554-555. If price moves up to that level and rejects (downward) - I would still consider that a positive price reaction to the recent selling pressure. So, today and tomorrow are going to be very important related to Fibonacci Price Theory and watch to see if price CAN attempt to move to new Unique/Ultimate highs. So far, the Gap higher (to a new Unique high) is a very positive move. One of my friends wrote to me this morning saying his "lotto" call options (purchased yesterday near the close) resulted in a 1400% gain this morning. Love this. I love seeing traders use my tools/research and attempt to better their skills. That is a big Lotto Win for cheap $9 call options on the SPY. Let's see how it plays out today. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldLong05:53by BradMatheny1
SPY/QQQ Plan Your Trade For 7-31 : Counter-Trend Base RallyFirst, I got up a bit late this morning. Been pushing really hard over the last few weeks. I guess I needed the rest. Next, this video is very important for ALL TRADERS. I want all of you to learn the proper skills to manage your trading, risk controls, and emotional aspects of trading, and really learn the skills to MAKE YOUR OWN DECISIONS. I know you may never fully master these, but knowing how to use these tools and how they can help you is very important. I'll keep this short, we are likely going to see a rally to to $553-555 in the SPY, then watch the price roll downward later in the day. Go Get Some #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldLong21:33by BradMatheny2
7/31 ATR Levels and RangeNo comments, just watching. I think today is a "whatever the fudge happens" kind of day. Good luck all, I am watching these lines based on Volume, Price action and ATR Levels being respected. by TuskenDayTrade0
SPY BEARJacky found it not me, credit to him The description is that the grey line of 2021 is the blue trendline of 2024 bull run, the yellow line goes back to 2008 peaks. same case scenario, the bull run has peaked just above the 2008 yellow trendline and then when broke below the orange cloned trend line of 2024 bottoms, it made bear Aadi, support/break/resistance on yellow trendline, which can be called as the bull traps of 2022, everything is explained if you want to go a step further ,PVTO looks bearish with this increase after the last bottom hit on the orange line deemed unsustainable. 1month PVTO looks worse aswell settting up for a big downtrend, reminds again of the same candle in the same postion explained above on dec 2021 bull run top. when u see this look at the daily PVTO and price action of now and dec 2021 peaks, PVTO failed to keep itself above red incredible lines i must admit. orange line support, grey line resistance, one orange line breaks, we find 3 times resitance on yellow line before breaking further, bull traps. thank you, god is kingShortby erotokritosrotsas0
$SPY July 21, 2024AMEX:SPY July 21, 2024 15 Minutes. 547 was resisted. For the day consider the fall and rise from 547.34 to 538.51 and 538.51 to 543.66 For the fall AMEX:SPY retraced nearly 61.8%. So, for the rise must hold 541 today to target 200 averages around 546-547 again. Downtrend in 15 minutes intact as long as AMEX:SPY below 15 minutes. by RiderTrader1
SPY/QQQ Plan Your Trade 7-30 - Pop Pattern Disrupted By NewsToday's POP pattern, which I suggested would present a very solid Bullish trending opportunity, was disrupted by news of Israeli attacks in Lebanon. I truly believe today would have resulted in a very strong reversion rally had the markets no been disrupted by the new conflict. Still, we need to play the markets and not rely exclusively on my SPY Cycle Patterns. In this video, you'll see me go over a number of symbols (SPY/QQQ/Gold/Crude Oil, others) and show you some of the new tools I've been working on to help traders stay on the right side of market trends. I still expect the Vortex Rally to take place over the next 30 to 90+ days - building strength as the US markets trend upward. I believe the conflicts and global economic uncertainty will drive capital into US-Dollar-based assets over the next 12+ months - creating the Vortex Rally. This will also drive hedge instruments higher. As the US markets shift into the preferred safe-haven asset class (again), we should have nearly unlimited opportunities for great trades over the next 12 to 24+ months. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldLong09:29by BradMatheny889
Bounce to HL possibly?holding the recent low is key. Back above and hold the high of today will move me toward Tgt 1 & 2. Tgt 3... maybe. Looking for double top.... doesn't have to happen, but that's what I'm looking for. below 537, 531 possible target. Let's see what Aug is made of. PCE 7/26, EOM 7/31by mommymilesUpdated 1
SPY: Trend Analysis and Next Support Levels to Watch. (D&W)The SPY chart presents an interesting mix of price action and technical signals. On the daily chart, the ETF recently encountered resistance around the 565.16 level, which is marked by an all-time high. Now, it is in a bear trend, as the price is making LH/LLs, while it trades below the 21 EMA. Its next technical support is the $537.01, and in the lack of technical evidence suggesting a bottom signal, SPY is supposed to get there. On the weekly chart, the bearish engulfing pattern that appeared after reaching the all-time high has been a notable signal. This pattern suggests a potential shift in market sentiment, with sellers gaining control after an extended uptrend. The weekly chart also highlights the importance of the 21-week EMA, currently around 529.09, which has historically acted as a dynamic support level. This EMA is a crucial line to watch, as its breach could signal a deeper correction. The combination of the daily and weekly signals indicates a market in a state of flux. The bearish engulfing pattern and the inability to sustain a rally above the recent highs suggest caution. We can say that SPY is in a mid-term bear trend, while in a long-term uptrend. It all depends on how it'll react around its next support levels, namely the $537.01 (D) and the 21 EMA (W). For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.by Nathan_The_Finance_Hydra8
spy 535AMEX:SPY do we see 535? broke major support = lower TVC:VIX pushing over 17.71 now= lower NVDA under 100? lots of questions to ask ourselves. I personally think this correction is due to mid earnings, a needed pullback if interest rates are going to get lowered. semiconductors being over priced. Shortby willtradesdaily111
SPY ShortSeasonality Shorting Opportunity, previous analysis was not analyzed appropriately. do you DD, and not FA. Good luckShortby PepeJTheTrader1
07/30 ATR Levels and RangeKeeping the descrip low key. Just submitting for the record. by TuskenDayTrade0
SPY/QQQ Plan Your Trade For 7-30 : Bullish POP PatternToday's POP Pattern in Carryover mode suggests the SPY will attempt to move above $550-551 on moderate bullish trending. I believe the way the patterns are set up, the price will attempt a moderate rally with the POP pattern. Then, move into mild consolidation (downward trending) on tomorrow's Counter-trend Bottom-Rally Start. Then, move into a moderately explosive upward/bullish phase on Thursday/Friday with the BaseRally301 and Breakaway patterns. Overall, I see the SPY/QQQ moving into the new Vortex Rally Phase over the next 30 to 90+ days, which will present incredible opportunities for skilled traders. I'm only trying to predict one week at a time. The last time I did this, I tried to predict three weeks into the future. The more time I include (further out into the future), the more likely my predictions will be incorrect regarding price location/range. So, we will keep this simple - going one week at a time. I hope you guys are benefiting from all my hard work. It took me over 20 years to learn enough to figure out these SPY Cycle Patterns. You guys are getting a taste of them for Free on TradingView. What do you think so far? Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldLong13:52by BradMatheny101013
SPY LEVELS FOR WEEK OF 7/29/24Trying to keep this as simple as possible. Once price breaks outside of the Blue range, watch for possible retest of broken level and be ready to long or short into the green ranges. Price may exceed green range targets, but it’s at least a strong help to make profit. by J3Trad3s0
$SPY July 30, 2024AMEX:SPY July 30, 2024 15 Minutes. AMEX:SPY was in the range 524 to 547 as expected. The steep fall from 565 to 537 resulted in moving averages being far away. That is getting sorted out and now downtrend until 200 averages is crossed on upside in 15 minutes. I expect a resistance around 547 to 548 levels being previous few bars' highs and 200 average levels. And if it gives above 548.5 549 to 549.3 will give resistance being 61.8% retracement for the big fall from 566 levels. Tomorrow, Wednesday could be a day to find a trade. by RiderTrader3