spy weekly 27th MAY 2024This is my analysis for SPY for this coming week. I have clearly explained the levels and my intentions. Let me know if you have nay doubts. NOTE:WE ARE BULLISHLong05:55by THECHAARTISTPublished 9910
SPY: Forecast & Trading Plan The price of SPY will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️Shortby UnitedSignalsPublished 225
SPY BEARISH BIAS RIGHT NOW| SHORT Hello,Friends! SPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 491.67 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsPublished 116
$SPY BREAKING Death DOJILast month I gave yall over 250% on Inside Week breakout into NEW ATH However BECAREFUL now for Potential BULL TRAP Into GREED many FVG BELOW! I am looking to short using LAST WEEKS LOW as the triggerby tradingwarzonePublished 336
Doji on the $SPY weekly and RSI DivergenceSPY printed an inside day on the daily and a DOJI on the weekly, we're going to get some movement next week for sure. I have protective puts in place.Longby JMS_AZPublished 117
$SPY S&P 500 Quarterly lookA historical look at AMEX:SPY since inception. By just looking at this chart you can remember the historical events 2008 Financial crisis where buyers stepped in Covid lows, etc Chart is broken down in 3 month candles to represent each quarter in the market year Longby Meechum_stocktwitsPublished 0
S&P bulls are unstoppable; market reaches new highMarket closed strongly last week after reaching a new historical high. There was some sluggish consolidation on Thursday-Friday but near end of Friday trading hours, bulls put end to it by setting hourly higher low. Friday closed within Thursday’s range after a failed break-out, which is a very bullish signal. Currently, we have full alignment on all major timeframe: price is in uptrend on weekly, daily and hourly timeframes. There are absolutely no warning signs that would speak for bears. Both short- and long-term outlooks are bullish. If you're already in a long position, you're fortunate and can rest easy. If you're considering entering the market, you can either wait for another pullback or enter now with a reasonable stop-loss. FOMC minutes are coming out on Wednesday, which could cause some unexpected volatility. However, if there are no major surprises, the bullish thesis remains unchanged. Disclaimer I don't give trading or investing advice, just sharing my thoughts.Longby hermes_trismeUpdated 4414
$SPY May 24, 2024AMEX:SPY May 24, 2024 15 Minutes. AMEX:SPY opened gap up. Close was bad. as it closed near low of bar. Having expected 534 on upside, short opportunity came easily. We have 2 issues. AMEX:SPY made ATH. But close in daily and week so far is bad. Near low of bar. So, if today we have a closure near end of bar in week. Next week we will have downtrend. So now buy is confirmed only above 533.5 levels. Till then we keep shorting. For the moment. For the day any retrace to 529.5 for the fall 531.49 to 524.73 will give opportunity to short. We are having 517 as 21 EMA in daily. Thats the target I will short next week. Shortby RiderTraderPublished 4
523 on deckNext Liquidity zone & potential to test previous channel on daily. Shortby rakidoriiPublished 2
The Stock Market BubbleI hope you guys enjoyed the video; if you have any questions or comments. Feel free to comment down below. 07:32by financialhourPublished 116
SPX repeating patternSPX seems to be repeating a previously occured pattern, let's see how this plays out !Shortby xxerussPublished 2
SPY: Week of April 13Hey everyone, Going into next week, it seems like we my start with selling first. Going into Monday probability is particularly bearish. Based on the assessment of the week it actually seems like we can expect dramatic moves in both directions, so if we head down first, I would expect the CPI catalyst to move us back up. Vice versa if we start bullish. Though, based on the numbers, its looking like we're starting bearish. The most bearish data is DIA (DOW). The data from SPY indicates something I call a matching move, which means, equal move down, equal move up. Not bearish in the long term but bearish initially which will be matched by the bullish rebound (again, assuming we start bearish). Larger picture remains bullish. I don't feel like I need to keep stressing that, but just in case, there is your reminder :p. Initial TP for SPY is a retrace of 518. If we hold that, I would anticipate continuation of sideways behaviour around that level then up. If we break it, then look for the secondary and tertiary low targets in the chart above. Max low would be the red box in the chart IMO and based on the data. Those are my thoughts! Safe trades! by SteverstevesUpdated 212157
$SPY May 23, 2024AMEX:SPY May 23, 2024 15 Minutes. Once more day. 531 became a tough nut to crack. As expected once 529 broke we have a low near 527.5 levels. For the last rise from 499.55 to 531.56 23.6% retracement is 524 levels. in 15 minutes for the rise from 520.56 to 531.56 61.8% retracement is 525 levels. Today as expected in 15 minutes AMEX:SPY too support at 200 averages. For the day if we take the last fall 531.56 to 527.6 530.8 to 531 will be a level to short SL 532.5 to 533. My target for upside is still 534 provided 532 is taken out convincingly. For the day my bias is towards 524- 525 once 527.4 is born on downside. Shortby RiderTraderPublished 6610
Spy Ascending TriangleI caught 529 puts. From earlier this morning, And after exit We tagged the trend line for the support of the ascending triangleShortby HelloUsPublished 0
Spy Ascending TraiangleTo day we may push pass 531.11 - 531.57 There is a trend line that started on the 17th that now has two touches of support to the upside. Longby HelloUsPublished 3
Spy is hotLooks like AMEX:SPY can hover here and trade higher from these levels. RSI is hot and momentum is carrying this uptrend. Low volume = sellers not in sight. NASDAQ:NVDA earnings might push it to close above $531.50 by Wednesday. A down day with high volume will be the beginning of a pullback.Longby cheesecake1Published 1