$SPY Intraday patterns in oversold conditions This video shows common chart patterns play out in real time. This is bullish descending wedge pattern that played out beautifully--also highlighting how oversold conditions can fuel bullish pivots. Thanks for viewing, boosting, and following! Long07:07by lonnobee0
SPY: Key Support Zones in FocusIf SPY drops to 490, that's nearly a 20% decline from its 611.39 peak. The 490โ500 zone may stabilize recent volatility, but if it breaks, watch 470 โ a key support and 20% below last yearโs close. by Quantific-Solutions0
Donโt trade momentum rev strat is a reversal 2-1-2 bearish/bullish is a reversal 2-1-2 continuation is not a reversal itโs momentum by Ghostboylos0
Update for Mentorship on Trades and Key Levels $TSLA $SPY $NVDAUpdate for mentorship members on trades we've taken this week, Fib levels, support, divergence, potential tariff exemptions.11:31by TheQuantumCapitalist0
Magnificent Value Index with Opacity CandlesThis script idea is rather old but very enlightening about the current state of the market. It looks at the RSI or MFI values of all Mag 7 stocks, averages them out and compares it to qqq's rsi or mfi as a differential. Real shame tradingview doesn't allow free users to participate in publishing indicators and it's a real shame the war their employees support is being lost. Make whatever conclusions you will from this. Good luck, we're all living in a global idiocratic world now ruled by people infected with Affluenza . by livingdracula0
Franco trade 0.0//@version=5 strategy("OBV + Moving Averages Strategy", overlay=true) // ๅๆธ่จญ็ฝฎ length_OBV = input(1, "OBV ๅข้") // OBV็่ฎๅ้ฅๅผ length_maVolume = input(50, "50ๆฅๅ้") // 50ๆฅๅ้ length_maShort = input(5, "5ๆฅๅ็ท") // 5ๆฅๅ็ท length_maLong = input(13, "13ๆฅๅ็ท") // 13ๆฅๅ็ท take_profit = input(0.1, "ๆญข็ๆฏไพ (10%)") // 10%ๆญข็ stop_loss = input(0.05, "ๆญขๆๆฏไพ (5%)") // 5%ๆญขๆ // ่จ็ฎๆ่กๆๆจ obvValue = ta.cum(ta.volume * math.sign(ta.change(close))) // OBVๆๆจ maVolume = ta.sma(volume, length_maVolume) // 50ๆฅๅ้ maShort = ta.sma(close, length_maShort) // 5ๆฅๅ็ท maLong = ta.sma(close, length_maLong) // 13ๆฅๅ็ท // ่ฒทๅ ฅๆขไปถ buy_condition = ta.crossover(maShort, maLong) and // 5ๆฅๅ็ทไธ็ฉฟ13ๆฅๅ็ท obvValue > ta.highest(obvValue , length_OBV) and // OBVๅตๆฐ้ซ volume > maVolume // ๆไบค้ๅคงๆผ50ๆฅๅ้ // ่ณฃๅบๆขไปถ sell_condition = ta.crossunder(maShort, maLong) or // 5ๆฅๅ็ท่ท็ ด13ๆฅๅ็ท obvValue < ta.lowest(obvValue , length_OBV) or // OBV่ตฐๅผฑ strategy.position_size > 0 and (strategy.position_avg_price * (1 + take_profit) < close or // ้ๅฐๆญข็็ฎๆจ strategy.position_avg_price * (1 - stop_loss) > close) // ้ๅฐๆญขๆ็ฎๆจ // ๅท่กไบคๆ็ญ็ฅ if buy_condition strategy.entry("Long", strategy.long) if sell_condition strategy.close("Long")by fungso940
Nightly $SPY / $SPX Scenarios for April 3, 2025๐ฎ ๐ฎ ๐ Market-Moving News ๐: ๐บ๐ธ๐ President Trump's 'Liberation Day' Tariffs Implemented: On April 2, President Donald Trump announced a series of new tariffs, referred to as "Liberation Day" tariffs, aiming to address trade imbalances. These include a baseline 10% tariff on all imports, with higher rates for specific countries: 34% on Chinese goods, 20% on European Union products, and 25% on all foreign-made automobiles. The administration asserts these measures will revitalize domestic industries, though critics warn of potential price increases for consumers and possible retaliatory actions from affected nations. ๐ Key Data Releases ๐ ๐ Thursday, April 3: ๐ Initial Jobless Claims (8:30 AM ET): Forecast: 225,000โ Previous: 224,000โ Measures the number of individuals filing for unemployment benefits for the first time during the past week, providing insight into the labor market's health.โ ๐ Trade Balance (8:30 AM ET): Forecast: -$76.0 billionโ Previous: -$131.4 billionโ Indicates the difference in value between imported and exported goods and services, reflecting the nation's trade activity.โ ๐ข ISM Services PMI (10:00 AM ET): Forecast: 53.0โ Previous: 53.5โ Assesses the performance of the services sector; a reading above 50 suggests expansion.โ โ ๏ธ 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.โ ๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysisLongby TrendTao0
$SPY Looking to buy at 530 Good support at 530 , if it fails it will be a quick trip to 500Shortby ARCHIDUKE0
ONE LINE: A focused trendline view Sometimes it's all you need. When I choose ONE spot I am looking at, I am honing in not just on tops and bottoms, but I have found that the spots with the most frequent historical PIVOTS and highest traffic areas are the areas that the price action gets hung up on, pauses, or pivots most often. And this bearish drop seems to be taking dead aim at that $550(ish) spot. Shortby lonnobeeUpdated 115
SPY, S&P 500 expected to correct to 500 before further upsideBased on RSI divergence, EW count and volume support it seems likely that SPY will correct to equal leg (ABC) region between 480-520 before the correction is over and further upside can be seen.Shortby jespergarm0
SPY Divergence - Bullish Comeback?SPY is showing quite a significant bullish divergence on the Daily timeframe. This appears to concur with a potential double-bottom formation. We also see the RSI beginning to poke up through it's moving average: Alongside this we see a Rug Pull target on the 4h timeframe of the ES1! S&P futures ticker. Rug-pull events on this ticker have seen a great degree of accuracy over the past few years, as seen below: This rug-pull target alongside strong divergence on the higher timeframes indicates a high probability the markets will trend towards the upside in the near future.Longby RocketTraveler1
Nightly $SPY / $SPX Scenarios for April 2, 2025 ๐ฎ ๐ฎ ๐ Market-Moving News ๐: ๐บ๐ธ๐ President Trumpโs 'Liberation Day' Tariff Announcement: President Donald Trump is set to announce new reciprocal tariffs on April 2, aiming to align U.S. import duties with those imposed by other countries on American goods. This move is expected to impact various sectors, including automotive and manufacturing, and may lead to market volatility as investors react to potential shifts in trade policies. โ ๐ Key Data Releases ๐ ๐ Wednesday, April 2: ๐ญ Factory Orders (10:00 AM ET): Forecast: 0.6%โ Previous: 1.7%โ Indicates the dollar level of new orders for both durable and non-durable goods, reflecting manufacturing demand.โ โ ๏ธ 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.โ ๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysisShortby TrendTao0
SPY Shows Strong BOS, But Faces Gamma Resistance at $563 (?)Market Structure (1H โ SMC View): * Price rebounded after BOS at ~$552 and has since broken multiple minor structure levels to the upside. * Multiple Breaks of Structure (BOS) confirm bullish shift, with recent CHoCH validating demand zone below $550. * Price is consolidating near a supply zone around $561โ$563 which acted as a prior CHoCH zone. Key Price Zones: * Demand Zone (Support): $546โ$552 * Supply Zone (Resistance): $561โ$563 (where price currently sits) * Macro Support: $550 = PUT wall + gamma support * Micro Resistance: $563 = strong GEX call resistance Trendlines + Price Action: * Clean stair-step move up into resistance. * Price approaching apex of recent flag-like structure; breakout confirmation needed. * Watch for either rejection at this gamma wall ($563) or breakout continuation above. Indicators: * MACD: Bullish crossover still intact but showing slight flatteningโwatch for histogram weakness. * Stoch RSI: Near overbought, curlingโpossible minor pullback or consolidation. * 9 EMA > 21 EMA: Trend remains bullish for now. Options Sentiment & GEX (from GEX Chart): * IVR: 41.8 โ moderately elevated, shows short-term volatility interest. * IVx Avg: 25.4 โ indicating steady option pricing. * Put/Call Ratio: 84.5% puts โ extremely defensive positioning in options market. * GEX: ๐ฆRed, Yellow, Green โ Neutral-to-bearish gamma zone. * Major GEX Levels: * Resistance / Gamma Wall: $563 โ Highest positive NETGEX (major level to watch). * Support / Gamma Cushion: $550โ$555 โ Includes PUT wall and GEX support. Scenarios to Watch: ๐ข Bullish Case: * Break & hold above $563 โ potential rally toward $568+ * Confirmation of continued structure shift and gamma squeeze likely if open interest reshuffles upward. ๐ด Bearish Case: * Rejection at $563 + failure to hold $560 โ fast pullback to $555 or test of $550 demand zone. * Watch for bearish divergence in MACD or failure to maintain EMA trend alignment. Trade Ideas (Not Financial Advice): * Scalp Long: If price confirms breakout above $563 with volume, target $568+ * Put Credit Spread or Long Calls: If holding above $560 with strong tape. * Fade Setup: If SPY rejects $563 with bearish engulfing or momentum stalling, consider short to $555โ$550. ๐ง Final Thoughts: SPY is at a decision point. Gamma wall at $563 could act as a ceiling unless thereโs sufficient momentum + institutional call flow to drive a breakout. FOMC or macro catalysts could also be trigger points. Stay nimble. This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly. by BullBearInsights2
overview after the close quick overview after the close. I wasn't happy with the pump at the end of the day but I still lean bearish for some reasons I discuss. Short11:44by rsitrades116
Bear flag on 1hr chartDecent size bear flag on 1hr chart. Itโs looks like it setting up for tomorrow. It is currently breaking the bottom trend line and completing the pattern. If it rejects we could see it bounce one more time before the drop tomorrow. If this closes at 555-556. We could see in the next couple of days 540-545. Shortby Stockdiddler24111
Nightly $SPY / $SPX Scenarios for April 1, 2025๐ฎ ๐ฎ ๐ Market-Moving News ๐: ๐บ๐ธ๐ ISM Manufacturing PMI Release: The Institute for Supply Management (ISM) will release its Manufacturing Purchasing Managers' Index (PMI) for March. A reading below 50 indicates contraction in the manufacturing sector, which could influence market sentiment.โ ๐บ๐ธ๐๏ธ Construction Spending Data: The U.S. Census Bureau will report on February's construction spending, providing insights into the health of the construction industry and potential impacts on related sectors.โ ๐บ๐ธ๐ Job Openings Report: The Job Openings and Labor Turnover Survey (JOLTS) for February will be released, offering a view into labor demand and potential implications for wage growth and consumer spending.โ ๐ Key Data Releases ๐ ๐ Tuesday, April 1: ๐ญ ISM Manufacturing PMI (10:00 AM ET): Forecast: 49.5%โ Previous: 50.3% Assesses the health of the manufacturing sector; a reading below 50% suggests contraction.โ ๐๏ธ Construction Spending (10:00 AM ET): Forecast: 0.3%โ Previous: -0.2%โ Measures the total value of construction work done; indicates trends in the construction industry.โ ๐ Job Openings (10:00 AM ET): Forecast: 7.7 millionโ Previous: 7.7 millionโ Provides insight into labor market demand by reporting the number of job vacancies.โ โ ๏ธ 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.โ ๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysisLongby TrendTao1
SPY timing for low Tgt $585My short idea target was hit (and blown yesterday, tho QQQ idea was almost perfect), and if you saw the last idea, I mentioned the date of the 11th was in play. This seems accurate from what I'm getting now with my dowsing work. I am quite pumped that the timing was so good. The upside target (repeating) is around $585. When I ask what date this hits by, I get 3/25. We shall see if lightning can strike twice!Longby JenRzUpdated 221
SPY: SPY looking a bit like scary hour? Continuous tariff newโs scaring the market. Many continue to say Bearish then some say Bullish. Looking like it can retest the demand zone I see at the 1M at 584.83 but today 3/30 on AH looks like things may be gapping down already. What are your thoughts? Shortby sweatytrigger0
Chat, Are we Cooked?We had a very similar post-Covid run up all the way before breaking in January 2022. We saw a similar run up since that time. Round 2, or just an overreaction?by Trader_MayhemUpdated 2
Weekly $SPY / $SPX Scenarios for March 31 โ April 4, 2025๐ฎ ๐ฎ ๐ Market-Moving News ๐: ๐บ๐ธ๐ Anticipated U.S. Jobs Report: The March employment data, set for release on Friday, April 4, is expected to show a slowdown in job growth, with forecasts predicting an increase of 140,000 nonfarm payrolls, down from 151,000 in February. The unemployment rate is projected to remain steady at 4.1%. This report will be closely monitored for signs of economic momentum and potential impacts on Federal Reserve policy. โ ๐บ๐ธ๐ผ President Trump's Tariff Announcement: President Donald Trump is scheduled to unveil his "reciprocal tariffs" plan on Wednesday, April 2, dubbed "Liberation Day." The announcement is anticipated to include a 25% duty on imported vehicles, which could significantly impact the automotive industry and broader market sentiment. Investors are bracing for potential volatility in response to these trade policy developments. โ ๐บ๐ธ๐ Manufacturing and Services Sector Updates: Key indicators for the manufacturing and services sectors are due this week. The ISM Manufacturing PMI, scheduled for Tuesday, April 1, is expected to show a slight contraction with a forecast of 49.5%, down from 50.3% in February. The ISM Services PMI, set for release on Thursday, April 3, is projected at 53.0%, indicating continued expansion but at a slower pace. These reports will provide insights into the health of these critical sectors. โ MarketWatch ๐ Key Data Releases ๐ ๐ Monday, March 31: ๐ญ Chicago Business Barometer (PMI) (9:45 AM ET): Forecast: 45.5โ Previous: 43.6โ Measures business conditions in the Chicago area, with readings below 50 indicating contraction.โ ๐ Tuesday, April 1: ๐๏ธ Construction Spending (10:00 AM ET): Forecast: 0.3%โ Previous: -0.2%โ Indicates the total amount spent on construction projects, reflecting trends in the construction industry.โ ๐ Job Openings (10:00 AM ET): Forecast: 7.7 millionโ Previous: 7.7 millionโ Provides insight into labor demand by measuring the number of job vacancies.โ ๐ Wednesday, April 2: ๐ญ Factory Orders (10:00 AM ET): Forecast: 0.6%โ Previous: 1.7%โ Reflects the dollar level of new orders for both durable and non-durable goods, indicating manufacturing demand.โ ๐ Thursday, April 3: ๐ Initial Jobless Claims (8:30 AM ET): Forecast: 226,000โ Previous: 224,000โ Measures the number of individuals filing for unemployment benefits for the first time, providing insight into labor market conditions.โ ๐ Trade Balance (8:30 AM ET): Forecast: -$123.0 billionโ Previous: -$131.4 billionโ Indicates the difference between exports and imports of goods and services, reflecting the nation's trade activity.โ ๐ Friday, April 4: ๐ต Average Hourly Earnings (8:30 AM ET): Forecast: 0.3%โ Previous: 0.3%โ Measures the change in earnings per hour for workers, indicating wage inflation.โ โ ๏ธ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.โ ๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysisShortby TrendTao0
SPY $545 Downtrend ContinuesSymbol: SPY Timeframe: 30-minute chart (for your analysis) Bias: Short (after the anticipated bounce) Prediction: I anticipate a short-term bounce in SPY from Friday's sell-off towards the upper level of the weekly regression channel, around 560. I plan to look for a short entry at this level, expecting the price to then continue its downtrend towards the monthly regression channel support around 545. Analysis: Weekly Trend Channel (Blue Double Lines): The blue double lines on my chart represent a weekly trend channel for SPY. This channel was determined by performing a linear regression on the price action over the past week. The upper and lower boundaries of the channel are set at two standard deviations away from this linear regression line. This method helps to identify the statistically probable range within which the price is likely to trade over the weekly timeframe. Monthly Trend Channel (Yellow Double Lines): Similarly, the yellow double lines indicate a monthly trend channel. This channel is derived from a linear regression of SPY's price action over the past month, with the boundaries set at two standard deviations. I expect SPY to eventually find support within this monthly channel, with the lower boundary currently around the 545 level. This is my primary downside target. Recent Price Action and Anticipated Bounce: The aggressive 2% downtrend on Friday likely pushed SPY towards the lower end of the weekly channel, potentially creating oversold conditions in the short term. I am anticipating a bounce from this sell-off towards the upper boundary of the weekly channel, which I estimate to be around 560. This level is expected to act as resistance. Short Entry Opportunity: I will be closely watching price action around the 560 level, which coincides with the upper boundary of the weekly regression channel. If I observe signs of rejection or bearish confirmation at this resistance, I will look to enter a short position. Contributing Factors: President Trump's aggressive tariff policies continue to contribute to market uncertainty and the overall bearish sentiment, supporting the technical outlook for further downside. Conclusion: I am predicting a short-term bounce in SPY to approximately 560, which aligns with the upper level of the weekly regression channel. I will be looking for a short entry at this level with the expectation of a subsequent move down towards the monthly regression channel support around 545. This strategy aims to capitalize on a potential retracement within the established downtrend, guided by regression-based trend channels and influenced by fundamental concerns regarding tariff policies. Disclaimer: This is my personal analysis and not financial advice. Please conduct your own research before making any trading decisions. Shortby NonZeroChance110
SPY nearing major support levels.Let's see if Spy can continue to hold 61.8 Fib Retracement at 550! A break could see further downside to the 540 area. by JMS_AZ1