SPY At Risk as Geopolitical Tensions Rise Jun 23 — What Monday Holds for Bulls & Bears ⚔️📉
🔍 GEX & Options Sentiment Overview:
From the daily GEX chart:
* Key Gamma Levels:
* 📍Call Walls: 597 → 602 (supply zones), strong resistance.
* 📍Put Walls: 590 → 587 → 572, significant gamma exposure to the downside.
* High Volatility Zone (HVL) at 590 – a trigger level; under this, the market may accelerate downside toward 587 and even 572.
* GEX Summary:
* PUTS: 80.4% dominance
* GEX Net: 🔴 extremely negative
* IVR 23.3, still on the lower side but rising
* Implication: Dealers are hedging to the downside. Gamma exposure creates risk of accelerated selloff below 590.
📊 Technical Analysis – Daily (1D)
* Price: 594.28 (as of Friday close)
* Trend: Daily candle broke prior support; new lower high confirmed.
* Structure:
* Failed to reclaim 597, now acting as local resistance
* Next major demand zone: 587
* Trendline from the recent highs shows lower highs; bearish continuation forming.
* Volume: Bearish candle closed with strong volume — sign of institutional distribution.
⏱️ Intraday TA – 1H Chart
* CHoCH/BOS: Confirmed Break of Structure near 591, then a small rally attempt.
* Micro Supply Box: 596.5–597.5 — liquidity trap if SPY rallies into it.
* Support Zones:
* 593.35 / 594.00 – holding Friday’s bounce.
* If fails, expect sweep to 590 → 587.
* Trendline Pressure: Downward diagonal trendline rejecting every bounce. Unless a full candle close over 599.50, bias remains bearish.
⚠️ Geopolitical Risk – U.S. Bombs Iran
* News: U.S. launched targeted airstrikes on Iranian assets. Market now faces:
* Flight to safety: TLT, Gold, and USD may rise.
* Oil likely spikes — expect XLE and energy stocks to outperform.
* Tech and indexes may open with gap-down risk due to heightened geopolitical uncertainty.
* SPY Implications:
* Risk-off behavior could amplify sell-off under 590.
* Traders may hedge via VIX calls, gold futures, or SPY puts.
* Watch for VIX spikes or DXY rally as confirmation of sentiment shift.
🧠 Trade Scenarios – Monday June 24
🔻 Bearish Case (High-Probability if Geopolitical Escalates)
* Rejects at 596–597 zone (supply)
* Entry: ~595–596 rejection
* Targets: 590 → 587 → 572 (extreme GEX)
* Stop: 598.5–599.2 above supply box
🔼 Bullish Case (If Market Shakes Off Iran Tension)
* Breaks over 597.5, closes above 599.5 (CHoCH confirmation)
* Entry: 598–599 breakout
* Targets: 602 → 604.5 (2nd Call Wall)
* Stop: 596.5
📌 My Thoughts:
SPY is sitting on a knife’s edge. GEX is screaming downside, and now geopolitical risk adds another layer of pressure. Monday could open with volatility spikes, and if the market gaps down under 590, it might cascade to 587 fast.
Only a reclaim above 599.5 invalidates the bearish structure — and even then, macro headlines might limit upside. Stay nimble. Hedge if holding longs.
🧭 Action Plan for Monday:
* Scalpers: Watch the 596–597 rejection zone — quick puts may work well.
* Swing traders: Use HVL 590 as pivot. Lose it? Target 587.
* Hedgers: VIX calls or GLD may provide cushion.
* Macro watchers: Monitor oil (USO), DXY, and bonds (TLT) for risk-on/off cues.
⚠️ Disclaimer:
This analysis is for educational purposes only. It is not financial advice. Always do your own research and manage risk carefully.
SPY trade ideas
SPY: Expecting Bullish Continuation! Here is Why:
Balance of buyers and sellers on the SPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
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SPY/QQQ Plan Your Trade For 6-20 : Pause Bar PatternToday's Pause Bar pattern suggests the SPY/QQQ will slide into a sideways type of PAUSE in price action today. I'm not expecting much to happen and if we do see any breakaway or breakdown trending it will likely be related to news.
While we have options expiration today and a host of other things that could drive the markets, I believe the markets are struggling to find direction right now. Thus, a pause in trading would be somewhat normal after a holiday-shortened trading week.
Gold and Silver are struggling after a brief rally last week. I believe this is fear related to the Israel/Iran conflict. Metals should continue to move higher.
BTCUSD is slightly higher (forgot to cover BTCUSD in the video), but not moving into a breakaway phase.
Overall, everything is very flat in early trading today. It may stay that way with my PAUSE BAR pattern.
Get some.
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Nightly $SPY / $SPX Scenarios for June 20, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for June 20, 2025 🔮
🌍 Market-Moving News 🌍
🏦 Fed Holds Rates, Warns on Tariffs
Fed kept interest rates steady on June 19, cautioning that tariffs could stoke inflation and slow growth. Inflation projections were raised from 2.7% to 3.0%, while growth estimates were revised lower to 1.4%
🌍 Middle East Risk Drags Markets
Global stocks fell and safe-haven assets surged after U.S. futures weakened amid heightened tensions in the Israel–Iran conflict. Yields were mixed: gold weakened and bonds gained, while oil held steady near seven-week highs
📈 Treasury Yields Edge Higher
Despite safe-haven demand, U.S. 10‑year yields ticked up as markets absorbed the Fed’s updated rate outlook. The yield curve remains elevated ahead of next week’s $38 bn auction of long-dated notes
📊 Key Data Releases 📊
📅 Friday, June 20:
(No major U.S. economic reports)
Markets will be driven by Fed commentary follow-ups and geopolitical headlines over the weekend.
⚠️ 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 #geopolitics #fixedincome #inflation #charting #technicalanalysis
SPY/QQQ Plan Your Trade For 6-19: GAP Reversal Counter TrendToday's pattern is a GAP Reversal in Counter Trend mode. I believe this could represent a breakdown in the ES/NQ as the US stock market is closed for the Juneteenth holiday.
Obviously, after the Fed comments yesterday (stating "uncertainty") and with the continued Israel/Iran conflict playing out, it makes sense to me that the US markets would move into a pre-weekend consolidation phase.
Even though the US stock market will be closed, the futures market will likely stay open and will carry some general market sentiment and reactions to news.
Watching Gold/Silver and Bitcoin should be very interesting today. I suspect the markets will continue to consolidate downward today - leading to a potential breakdown seeking support day on Friday.
Buckle up. We'll likely have 3-5+ days of news related to the Israel/Iran conflict and other issues over this weekend. It could be very interesting to see how the global markets move through this news.
Get some.
Happy Juneteenth
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SPY: What's Next After the Resistance Retest?
The price action of SPY, shows a significant decline from early February highs, followed by a strong recovery and an established uptrend from mid-April.
Price is currently testing the "Previous Flip Zone" (indicated by the purple shaded area), a level that previously acted as support before the market's sharp decline and has since been retested as resistance.
The "All time High 613" is marked as a major overhead resistance level, representing the peak achieved before the February drawdown.
An "Intermediate Support" zone is identified between 590 and 592, coinciding with the upward-sloping green trendline that has supported the recent rally.
A "Key Area" of support is highlighted further down between 576 and 582, indicating a more substantial demand zone should the intermediate support be breached.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.
SPY/QQQ Plan Your Trade For 6-18 : GAP Potential PatternToday's GAP Potential pattern suggests the SPY/QQQ may GAP a bit higher at the open, then move into a melt-up phase, trying to identify resistance, then roll into a topping pattern and move downward.
I believe the recent "rollover" of the markets (initiating last Friday with the Israel/Iran conflict) is still dominating the markets and news related to the ongoing conflict could drive a moderate pullback in US assets.
Headed into the Juneteenth holiday (Thursday, June 19), I suggest traders prepare for the US markets to move into somewhat of a SETTLEMENT mode today - where traders don't want to hold too many open positions into Friday's trading.
Additionally, Gold and Silver could move into a very strong upward price move over the next 4-5+ days. So be prepared for metals to hedge risks when the US stock market is closed.
BTCUSD seems to be struggling into the FLAG APEX. I'm waiting to see if my FLAG count is correct and if we get the breakdown in BTCUSD as I expect.
Get some.
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Nightly $SPY / $SPX Scenarios for June 18, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for June 18, 2025 🔮
🌍 Market-Moving News 🌍
💼 Business Inventories Flat in April
U.S. business inventories held steady in April, indicating stable consumer and wholesale demand. That suggests production won't need to cut sharply in the near term, supporting GDP outlook
🏭 Industrial Production Slips
Industrial output declined 0.2% in May, signaling ongoing weakness in factory activity amid less favorable global trade conditions .
🌐 Geopolitical Pressures Persist
Heightened tension in the Middle East continues to pressure risk assets. Investors remain focused on safe-haven flows into gold, Treasuries, and defensive equities, with analysts noting the risk backdrop remains tilted to the downside
📊 Key Data Releases 📊
📅 Wednesday, June 18:
8:30 AM ET – Housing Starts & Building Permits (May)
Measures new residential construction — leading indication of housing sector health.
8:30 AM ET – Initial Jobless Claims
Tracks the weekly count of new unemployment filings — useful for spotting early labor-market weakening.
2:00 PM ET – FOMC Interest Rate Decision
The Federal Reserve is expected to hold steady. Market focus will be on any commentary that hints at future tightening or easing plans.
2:30 PM ET – Fed Chair Powell Press Conference
Investors will parse Powell’s remarks for guidance on rate paths, inflation trends, and economic risks.
⚠️ Disclaimer:
This is for educational/informational purposes only and does not constitute financial advice. Consult a licensed advisor before making investment decisions.
📌 #trading #stockmarket #economy #housing #Fed #geo_risk #charting #technicalanalysis
(No) IdeaWhy the handle of "The Uncertain Trader"? Let's check the daily SPY (S&P 500 ETF) chart just after the close of 17 Jun 2025;
I've got no idea where this thing is going.
Thus the handle.
No one has any idea where this is going. If they insist they do they are selling you something. In the words of Brad Hamilton, "Learn it. Know it. Live it".
However, one must form a hypothesis to trade from, right or wrong. And TradingView has excellent tools to do so AND a FREE social network to share such theories.
Back to SPY, I have my suspicions;
SPY closed at 597.53, below it's all-time high of 611.39 (gray line and box) from Feb 19 and above it's 200 day simple moving average of 577.41 (purple line and box). Besides some support at 595.48 (arrow), which is way too close to be useful, and maybe resistance at Wed's high (also too close), there's really no other obvious support or resistance. So, it's ~14 points to the solid resistance at that significant high and ~20 points to support. If one goes long it's 20 points to be proven wrong, 14 points to the good and where the trade will likely stall - not a good reward to risk. Going short is a little better, with 20 points to support with 14 points of risk, but still a rather meager reward to risk.
And now factor in an FOMC meeting tomorrow (Wed 18th). SPY could easily hit one of those marks (2.3% up, 3.4% down), or both, tomorrow afternoon.
The (safer) play is to hold off, stay neutral, and let SPY resolve this, up or down. Let it test/hold it's all-time high or it's 200-day.
Again, I have no idea where this is going - just my theory.
And please, read the following and, again, "Learn it. Know it. Live it";
My ideas here on TradingView are for educational purposes only. It is NOT trading advice. I often lose money and you would be a fool to follow me blindly.
SPY/QQQ Plan Your Trade for 6-17: Top Resistance PatternToday's pattern suggests the SPY/QQQ will move into a type of topping pattern, attempting to identify resistance, then roll away from that resistance level and trend downward.
I suggest the news related to the conflict between Israel & Iran may continue to drive market trends with traders moving away from uncertainty near these recent highs.
Silver makes a big move higher. Gold will likely follow later this week or early next week.
BTCUSD moves into a sideways FLAGGING pattern - possibly attempting a BIG BREAKDOWN event over the next few weeks.
Overall, the markets look like they are poised for a very big move - just waiting for the GREEN LINK (GO).
Stay safe. Protect capital and HEDGE.
Get some.
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SPY Breaks Rising Wedge! Gamma Wall Rejected. Jun 17SPY Breaks Rising Wedge! Gamma Wall Rejected — Bearish Momentum Building Into OPEX 🔻
🔬 GEX (Gamma Exposure) Sentiment Breakdown:
* Gamma Resistance Above:
* Gamma Wall / Call Resistance: $602
* $603–$604.50 = additional CALL walls (2nd & 3rd tier resistance)
* $606.37 = Local high; unlikely to reclaim without macro tailwind
* PUT Walls / Downside Zones:
* $597 = HVL + Key Flip Level
* $595 = 1st Major PUT Support (Highest negative NET GEX)
* $593 / $590 = deeper GEX-supported flush zones
* Options Flow Metrics:
* IVR: 19.4 (slightly below avg)
* IVx avg: 19
* PUT Flow: 91.5% 🟥
* GEX Sentiment: 🔴🔴🔴 (Bearish dealer positioning + skewed delta exposure)
* Interpretation:
* Heavy call rejection at $602 combined with high PUT flow suggests dealers are short gamma.
* If SPY closes below $597, gamma exposure flips net negative — potential acceleration into $595/$593.
🧠 15-Minute SMC Breakdown:
* Current Price: $598.00
* Structure Overview:
* Clean rising wedge break
* Two CHoCHs confirmed at top → shift from bullish to bearish control
* Price broke into demand box (~$597–$598), testing support
* Volume spiked on breakdown = institutional participation confirmed
* Trend View:
* Uptrend is broken.
* Now entering potential distribution-to-downtrend transition phase
🧭 Trade Scenarios:
🟥 Bearish Breakdown Setup (High Probability):
* Trigger: Clean breakdown below $597
* Target 1: $595 (GEX Put wall)
* Target 2: $593 / $590
* Stop-loss: Above $600.50
Gamma flip + SMC structure shift supports downside. Dealer flows likely exacerbate drop under $597.
🟩 Bullish Reclaim Setup (Low Probability):
* Trigger: Reclaim of $602 with volume
* Target 1: $604.50
* Target 2: $606.50 (high)
* Stop-loss: Below $597.50
Only possible with major market strength, such as dovish Fed cues or macro catalysts.
📌 My Thoughts:
* SPY is showing signs of weakness across the board — structure, options flow, and volume confirm sellers stepping in.
* Put flows are extreme (>90%), so bounces may be brief and used to reload shorts.
* This is not a dip to buy blindly — best play is momentum PUTs under $597, tight risk control.
* Ideal setup for zero-day or 1DTE options trades with defined exits.
📉 Conclusion:
SPY failed to hold $602 Gamma Wall, rejected hard, and now tests $597 support. With options sentiment flipping negative and SMC structure breaking down, a drop to $595 or lower is increasingly likely.
Disclaimer: This analysis is for educational purposes only. Always manage risk and trade based on your plan.
Nightly $SPY / $SPX Scenarios for June 17, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for June 17, 2025 🔮
🌍 Market-Moving News 🌍
📈 U.S. Retail Spending Holds Firm
May’s retail sales were flat month-over-month, defying expectations of a slowdown. Core retail sales (ex-autos) edged up +0.2%, signaling resilience in consumer purchases—an encouraging sign for economic momentum
🤖 Tesla’s Robotaxi Buzz Accelerates
Tesla stock surged after a weekend robotaxi video surfaced ahead of its planned Austin launch. A viral clip showed a Model Y “robotaxi” navigating traffic autonomously, sparking fresh investor enthusiasm despite safety debates
📊 BoJ Holds Rates; Dollar Edges Higher
Japan’s central bank left policy unchanged at 0.5%, maintaining its dovish bias. This lifted the dollar slightly versus the yen, drawing focus to global interest-rate divergence
📊 Key Data Releases 📊
📅 Tuesday, June 17:
8:30 AM ET – Retail Sales (May)
Consumer purchases are tracked, excluding autos. Monitor if activity stays steady despite inflation and rate pressures.
9:15 AM ET – Industrial Production & Capacity Utilization (May)
Provides insight into factory activity and plant usage—a gauge of economic health amid global slowdown concerns.
10:00 AM ET – Business Inventories (April)
Shows stock levels held by wholesalers and manufacturers. Higher inventories with weaker sales may signal slowing demand.
⚠️ 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/QQQ Plan Your Trade For 6-16 : Up-Down-Up PatternToday's Up-Down-Up Pattern suggests the markets will transition into a moderate upward trending price bar - which is quite interesting in the world we have today.
War and a big weekend of events, protests and other new items could drive market trends over the next few days.
Still, the SPY Cycle Pattern for today is an Up-Down-Up - which suggests last Thursday was an Up bar, last Friday was a Down bar, and today should be an Up bar.
The Gold/Silver pattern is a POP pattern in Counter-trend.
I believe the US markets are benefiting as a safe-haven for capital as the global turmoil drives global investors to seek safety and security for their capital.
That means as long as the world continues to spin out of control, the US markets and the US-Dollar will act as a moderate safe-haven for capital.
Gold and Silver should also benefit from this global chaos.
Bitcoin is benefiting from the strength of the US markets (and the technology sector) as well.
Let's see how this week start to play out. I'm waiting for some more news.
Could be very interesting this week.
Get some.
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Weekly $SPY / $SPX Scenarios for June 16–20, 2025 🔮 Weekly AMEX:SPY / SP:SPX Scenarios for June 16–20, 2025 🔮
🌍 Market-Moving News 🌍
🏦 Fed Holds Rates, Powell Expresses Caution
The Federal Reserve is widely expected to keep rates at 4.25–4.50%, though Chair Powell likely won’t provide fresh guidance. Markets see limited upside without stronger inflation or growth cues
💱 Dollar Strengthens on Geopolitical Risk
The U.S. dollar rose slightly as investors flocked to safe assets amid global tensions with Iran. Treasury yields eased slightly on risk-off flows
🛢️ Oil Near Multi-Week Highs on Mideast & OPEC Dynamics
Oil held near seven-week highs (~$67–70/barrel), buoyed by Iran-Israel tensions and OPEC+ output hikes (411K bpd added from May–July), offset by demand concerns .
⚠️ G7 Summit Faces Heightened Stakes
G7 finance ministers meet in Canada under pressure from Middle East escalation. Watch for policy coordination and commentary on trade, inflation, and global economic risks .
📊 Key Data Releases & Events 📊
📅 Monday, June 16
Regular markets open after Juneteenth holiday
Quiet day; oil & geopolitical headlines dominate
📅 Tuesday, June 17
8:30 AM ET – Retail Sales (May): Signals consumer spending strength/duration
8:30 AM ET – CPI (May): Confirms inflation trend post-CPI cooler reading
10:00 AM ET – Housing Starts & Building Permits (May): Gauges housing market demand
Unexpected Tesla Robotaxi Demo (Austin): Watch for surprise developments this week
📅 Wednesday, June 18
Global Central Bank Day: FOMC, BoE, BoJ policy updates; U.S. Fed will most likely hold steady
📅 Thursday, June 19 – Juneteenth Holiday – U.S. markets closed
📅 Friday, June 20
8:30 AM ET – Existing Home Sales (May): Measures U.S. housing activity
10:00 AM ET – Leading Economic Indicators (May): Early snapshot of economic momentum
⚠️ 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