$SPX #SPX S&P 500 at a "Great Depression" time resistance.SP:SPX #SPX S&P 500 and AMEX:SPY Charts 🚨 1929 Great Depression & .com High two of the biggest corrections in US Stock Market history and we are at that resistance. SPX Chart Shortby Atlantean_Trade9
SPY/QQQ Plan Your Trade For 11-8 : Counter-trend RallyHappy Friday everyone, Today's SPY Cycle Pattern is a Rally in Counter-trend mode. I interpret this as a moderate downward price trend for the SPY - possibly pulling the SPY into the GAP created after yesterday's opening GAP rally. I got into deep detail related to the potential anomaly event setting up over the next three weeks for the SPY & QQQ in this video. I also go into a fairly deep analysis of Gold and Silver - relating my expectations and how these moves align cleanly with an inverted Excess Phase Peak pattern. And, I even go into broad detail for BTCUSD and how I see multiple aligned Excess Phase Peak Patterns setting up to drive big trends over the next 3-4 weeks. As I stated near the end of this video, the next 5-7+ years are going to be filled with opportunity. I suggest everyone get ready for the biggest opportunity of your life. I hope you enjoy my videos and research. I know some of you have already experienced tremendous success following my research. I'm urging to you consider the opportunity that will be available as the markets continue to trend through my window of opportunity - and how you want to try to profit from these moves. Remember, the markets will always be there - but these opportunities are unique to the next 5-7+ years. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Short37:52by BradMatheny2210
Where does the super cycle stops?The GOAT is thinking that we are at the end of our lifetime's super cycle. SPY will top up at or around 600 (if not at 550). From there, there will be down-turn for the rest of 2020s. NOT A FINANCIAL ADVICE!by GoatOfWallStreetUpdated 7
SPY Near Resistance: Continuation or Pullback?Analysis: Price Trend & Momentum: SPY has shown a strong rally, breaking above previous resistance levels and establishing a new high at $596.65. However, the price action appears to be consolidating near the high, which might indicate a potential pause or a pullback before the next move. Volume Analysis: Volume has been decreasing as the price approached the $595-$596 zone, suggesting a lack of strong buying conviction at these elevated levels. Watch for a volume increase as an indication of continuation or reversal. Moving Averages: The 9 EMA is currently acting as support, with the price staying above it. This indicates that bulls are still in control. A break below the 9 EMA could lead to a retest of the 21 EMA, which is currently sitting around the $583.27 level. Support and Resistance Levels: Immediate Resistance: $596.65 (recent high and potential double-top formation) Support Levels: First Support: $583.27 (strong support near the 21 EMA) Second Support: $579.47 (previous breakout level) Key Support: $575.58 (major pivot level, failure to hold here could lead to a deeper correction) Critical Support: $567.89 (previous swing low, below which bearish sentiment could intensify) MACD Analysis: MACD is showing a bearish crossover on the 1-hour chart, suggesting a loss of momentum. This could be an early sign of a pullback or consolidation phase. Price Action Expectation: Bullish Scenario: If SPY can hold above $595.58 and break above $596.65 with strong volume, we could see a continuation towards the $600 psychological level. Bearish Scenario: Failure to hold the $583.27 support could lead to a pullback towards the $579.47-$575.58 zone, where buyers might step in. A break below $575.58 would be a significant bearish signal. Conclusion: SPY has rallied significantly in the past few sessions, driven by strong market momentum. However, the current consolidation near resistance could indicate a potential pullback or a pause before the next leg up. Keep an eye on volume and the key support levels for confirmation of direction. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please perform your own research or consult with a financial advisor before making trading decisions.by BullBearInsights1
Fibonacci/Gann & 3-6-9 Chart Play: The TOP may be IN I was trying to identify if/how the market may be topping in relation to the post-election rally phase and started with a blank Daily SPY chart. After drawing a few line of the chart, I started with an idea that Broad market pullbacks may be the key to identifying/timing market expansion phases (coupled with a bit of logic). This video highlights this theory going back to 2018 and examines a number of price pullback trends as well as Fibonacci Timing structures related to Fibonacci Price Expansion blocks. I think you will find this very useful as I continue to delve deeper into the 3-6-9 structure, polarity shifts (binary shifts) and trying to unlock the secrets of price trends/extensions. Hope you enjoy... Oh.. and it looks like the US markets are about to top if my research is correct. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Short28:03by BradMatheny4415
SPY/QQQ Plan Your Trade For 11-7 : Rally Pattern DayGood morning, Although I would argue the post-election rally may already be moving into exhaustion, the SPY Cycle Patterns suggest today is a Rally pattern in Trending mode. So, I expect the markets to attempt a bit of a carryover rally phase today - moving into a Counter-trend Rally pattern tomorrow. That counter-trend rally pattern suggests the markets will try to find a peak/top and roll downward into the close of the week. Gold and Silver appear to be basing with a potential for another move downward today - retesting recent lows. Based on my estimate related to Fibonacci Time Cycles, I believe Metals is looking for a momentum base to rally off of. Thus, I suggest traders prepare for a big move upward in Gold and Silver over the next 4 to 7+ trading days. Bitcoin is still in a Bullish trending phase after breaking into new highs. Today, I spent quite a bit of time going over the Excess Phase Peak pattern related to how the price is trending and what to expect. It is critical to understand that the markets will move away from this post-election relief rally phase over the next week or so. Ultimately, what has changed is that we have a new POTUS with new policies and objectives in 2025. Right now, everything is still pretty much the same as it was last week. Volatility is still high and I urge traders to stay cautious. The time for adding more liquidity will come after November 25-30. Remember, the number 1 rule for traders is to Protect Capital. You can still trade, just trade much smaller allocation levels for now. We are about to move into a period of moderate consolidation. Sit back and wait out this sideways trend. The real opportunity will come after November 25-30. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long32:11by BradMatheny225
Avg lvls for SPY:600, SPX:6000Continuing with the recent brief analysis on TLT: The US stock market will inevitably face challenges when the clashes between populism and reality come to the forefront. Over the next 3 years, I expect SPY average price to maintain around the 600 level and for SPX it is 6,000.Shortby gorgevorgian1
$SPY up to $614 as final blow off top move?I initially thought we'd see a move down of 5%-10% pre election. I played the move through AMEX:UVXY calls. We didn't end up seeing the full move play out that I had expected, but was able to capitalize on the move down yesterday when AMEX:UVXY was above $30. I sold all my calls yesterday as I expected downside to only be possible prior to Nov 1. So far, it's looking like that was a good call as we're starting to see a bounce today. Now that we've in November, I expect a bullish move to play out through the election and after for a final blow off top. I think it's likely that we see a move to $614 over the next two weeks. I'll be buying $600C today for 11/15 to try to capitalize on this move higher. Let's see if it plays out.Longby benjihyamUpdated 15158
$SPY November 7, 2024.AMEX:SPY November 7, 2024. 60 Minutes. For the rise 567.89 to 591.93 holding 580 levels is crucial for uptrend to continue. 580 is the top of gap for the fall as marked in red box. Hence if i take the rise from 574.69 to 591.93 581 levels is important in smaller time frame. I need AMEX:SPY to close above 593 for a target 640+ My views are same from September. Holding 540 we are in a big move towards 640+ Now holding 565-570 is important on daily for that move. The oscillator divergence marked yellow rectangle played out well in this move. I expect some sideways today so that 9,21 averages can catch up. All moving averages are near. So, after this consolidation one more big move is expected. I had always posted I wanted to go long above 585 only. And it gapped around that area yesterday and held on too. So now 581-585 becomes important zone to watch.by RiderTrader222
Mid To long term projection of the SPYGiven Donald Trump's recent victory, the market has felt an optimistic boost. This excitement, could be enough to overcome the current economical warnings that have been prevalent in the previous months. It's impossible to know if these excitements will be enough to send the market into a new and strong rally into overextended territories, or if the market will continue to complain about unaffordable housing, and sustenance. The future is always an unknown variable, however random variables do tend to follow their own distributions to a certain degree. It is always possible for exceptions to occur which prompt price action to get excited at already expensive prices. However, it is intelligent to always take a degree of caution when purchasing expensive securities which are still increasing in price. In these scenarios I suggest waiting for price corrections before purchasing and purchase in small amounts as price decreases to be able to purchase more at lower prices aka cost average. Given Trumps popularity, it's possible that people will become optimistic about the near future, however Trump still has a lot of rivals, which will stop at nothing to fulfill their agenda. The president will be faces with many new challenges these coming 4 years. I wish him the best of luck as he writes history once more. May God bless the future of America, its allies and it people. It's time to see the world change once more.by DarkMessiah7771
SPY go BOOMTrying to stop overthinking things. The Fed has kept demand destruction nice and smooth and slow and steady. I think where the market headed may just be this simple.by Not-StonksUpdated 3
Spy Road To $600 Lets Go Spy we hit our 588 mark now we will see the low 590's , Hope a lot of you have been following my lead , you would have been destroying this market, Goodluck to all traders lets continue Longby JoeWtradesUpdated 8811
Happy October!I think I have been around for... 3 Octobers so far? Probably, and each time I always do a themed post! Since October is my favourite time of the year. October also marks the beginning of the end. The end of a trading year at the end of this new quarter. And in the interest of going all out with different October themes and providing you with information into the year end, I suspect this will be a lengthy post, not simply talking about what to expect for October, but also talking about the bigger picture into the end of the year and trading year. I guess we can break it down, we can break it down to the short term, next week, the month then the EOY. The Short Term The short term (i.e. next week) is, again, looking bullish. Expect some downside days, but just generally look for bullishness. Momentum is lacking. Ironically we are experiencing price action I call "Zombie Buying". Most call it "grinding" but its zombie buying. What that means is, there is 0 momentum, low volume, but 0 reason to sell. So we have small buyers, like retail, buying because, well, there is nothing else to do, and so we get a slow and painful grind up. Its mindless buying, for no reason, so hence why I call it "zombie buying". You can see volume, while steady, has been lackluster. Its more than likely we will see bearishness at points next week. Outlook is more bearish on QQQ for Monday than SPY, so SPY may end up just grinding and trying to move higher, while QQQ sees a bit of a sell. But the motto remains to buy the dip. The immediate target for next week is a move back to 569.29. If we take a look at the last week's worth of Volume nodes: Those are our top POCs/volume zones that you can look for from last week's trading, with the lowest being at 568.68, which would serve as an ideal pullback zone. The best fit forecasted high for SPY next week is 577.60, assuming a bullish bias. And for the low its 563.62 assuming a bearish bias. The Larger Outlook, Month and EOY So, as we are in a new quarter, we have some new high probability targets. We still need to see 585 into EOY. 585 is actually the quarter point forecast, so that is great news! However, with the new quarter, we now have a bit of a bearish high prob on SPX as well: 5,657 is the SPX target. We have yet to hit it, so if we don't pullback into next week enough to remove it, and we run up to the 585 first, it will make for a nice pullback play towards EOY. If we run an ARIMA on SPX (Because I don't want to disrupt my SPY art already haha): The point forecast for SPX, over the next 75 ish trading days into EOY, is 6,232. This is a price of around 621 on SPY. Do I think it goes that high? Probably not, especailly with the lack of momentum we are seeing come in. But it is possible. With the gains SPY has already made, its hard to see how much more they push it on a Santa Rally, but I think anticipation of the low 600s, to 600 is not impossible. Its interesting as well because if we go back to my beggining of year post for SPY, these were the ARIMA results: 80% Confidence that the true high of SPY next year will fall BELOW 591. 95% Confidence that the true high of SPY next year will fall BELOW 633. 80% Confidence that the true low of SPY next year will fall ABOVE 433. 95% confidence that the true low of SPY next year will fall ABOVE 391. So we knew as early as January that 600s were in the realm of possibility this year. 591 is something I do anticipate seeing at this point. So what is the answer for the "longer term"? I don't see any downturn starting before next year. And by downturn I mean bear market, correction, whatever you want to call it. I just don't see it happening until next year. The immediate anticipation is the move to 585. From there, perhaps we grind up on the Santa rally to 591 and potentially 600 to snag closer to the 95% range. This would be enough to cause a correction/pullback, if not just another 10% crash. The outlook for next year will remain to be assessed closer to that point. As of now, these are the targets I would be watching. Downside targets remain inconsequential at this point, imo. I guess that's it! Safe trades everyone and Happy October!! by SteverstevesUpdated 6627
SPY bounce to $580MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price at bottom of upward trending channels (period 52 39 & 26) Stochastic Momentum Index (SMI) at oversold level VBSM is spiked negative, just like September Price at near Fibonacci level, 0.618 retracement In at open on Monday. I would like to see price gap down to $563 (0.5 fib retrace), or $557 (100 period channel). My plan is to buy 1 position at Monday's open, 1 more position at $563 and 3 positions at $537.35. Stop loss is 1% of my purchase on Monday. Target is $580 or channel topLongby chancethepugUpdated 3
SPY TradingSPY Technical Analysis using different indicators, such as Stochastic, RSI, EMAs, volume profiles, etc.by armanm5140
SPY/QQQ Plan Your Trade For 11-6 : Breakaway Post-ElectionWow. All I can say is WOW. Keeping a different schedule related to the markets had me in bed at about 9PM California time. Yea, I missed most of it last night. But my wife woke me up at midnight to tell me who won. When I got up this morning (early) and checked the markets, it sure looked like the world voted in favor of the Trump win, with a solid 2-3% rally overnight. This is where things start to get very interesting. We have about 70+ days until the inauguration (Jan 21, I believe). Between now and then, the US and global markets will attempt to shift towards new policies and expectations. Part of this will come from news, but much of it will come from policy expectations. Some sectors will shift direction. Others will extend existing trends. Smart traders should prepare for opportunities that align with their interests and realize that we are looking at some real risks over the next 4+ years. What I will state is I continue to believe the next 5-7+ years are the greatest opportunity of your life. Watch my video and buckle up. The markets are seeking a new base/frequency to transition into shifting expectations. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long31:32by BradMatheny7713
SPY Technical Analysis for Scalping tomorrow Nov. 6, 2024Price Action Analysis Support and Resistance: Resistance levels appear around $583.32 and $584.46 based on recent highs, which SPY could test if bullish momentum continues. Support levels are near $574.32 and $567.89. If SPY pulls back, these levels may serve as areas where buyers might step in. Trend Analysis: SPY recently broke above a downtrend line (visible in the chart), which suggests a shift in momentum from bearish to bullish. The price is currently trading above the 161 EMA and 15 EMA, indicating an uptrend in the short term. This aligns with bullish sentiment. Volume: There was a notable increase in volume during the recent breakout, which can confirm the strength of this upward movement. Indicators MACD: The MACD appears to be in a bullish crossover, which supports the potential for continued upward movement. Moving Averages (161 EMA and 15 EMA): The 15 EMA is above the 161 EMA, which is typically a bullish sign, especially for scalping. Scalping Strategy for Tomorrow Bullish Scenario: If SPY opens above $579 and maintains that level, consider an entry near $579 with a potential target around $583.32 to $584.46. Set a stop loss just below $578 to manage risk if it fails to hold above the current support level. Bearish Scenario: If SPY fails to hold above $579 and breaks below the support at $574.32, consider a short entry around $574 with a target near $567.89. Place a stop loss slightly above $575 to minimize potential losses. Suggested Direction Given the recent breakout and bullish crossover of the moving averages, the momentum leans bullish. However, it’s essential to monitor if SPY can hold above $579 at the open. Short Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Scalping is high-risk, and you should trade according to your risk tolerance and strategy.by BullBearInsights1
Today's setup of my chart on 5min 15min. Using "OrbFib+S&R" Breakdown of my action steps from open to close: 1) Wait 5min orb 15min ORB form to draw FIB. 2) Wait for (S) or (R) formed on 5min 15min to draw 3) Make plans using (S)&(R) and ORB fib levels 4) Use new (S) or (R) as risk entry, pair with OrbFib levels for confirmation. 5) mange position using (S) of the trend with OrbFib's levels (S) ------------------------------------------------------------ Common Fakeout: often can be solved using 15min candle confirmation. Reason is 5min candles can trick IMPATIENT traders before 15min close. To wait for 15min to close, Trader has to sit n watch 3 of 5min candles to close. Impatient traders always rushing, trying to predict/guess the result of how the candle is going to close before it close... makes no senese in logic. They focus too much on Prediction/Guessing, it makes them blind&bias, not listening to what candles says.by FIBivanSPY1
SPY 24Hr potterboxesThis is where we will open in the morning. its probly going to be a red day due to the law of threes, But we closed above cost basis in the outside box so we will see where this goes. I think if we open above $577.24 and hold that thru the morning we will probly make a another high but we have a little noise if we look to our left. For a all time high we need to break and hold above $584.65. just my mind meanderings for this stock. Longby potrod0
Comprehensive Technical Analysis: SPX 10-Minute ChartThis SPX 10-minute chart shows a clear intraday shift from a bearish to a bullish trend, accompanied by multiple technical signals. Let’s break down the analysis across different technical components: 1. Trend Analysis: Initial Downtrend: The session started with bearish momentum as indicated by Put Signals and declining price action. The lower lows created a brief bearish trend that ended with a strong reversal. Bullish Reversal: The reversal is confirmed by a series of Call Signals after a strong bullish breakout from the previous consolidation zone. The price broke above a significant resistance level around 5,731.94, leading to a steady uptrend. 2. Moving Averages: Short-Term Moving Average (Orange Line): This acts as immediate support during the bullish run. The price consistently stays above this line, indicating short-term bullish strength. The slope of the moving average is steep, reflecting increasing bullish momentum. Mid-Term Moving Average (Blue Line): Positioned further below, the blue moving average provides a broader support level. This indicates that the medium-term trend remains supportive of the upward move, showing a well-established bullish context. 3. Heikin Ashi Candles: Bullish Momentum: The Heikin Ashi candles display a strong bullish pattern with several consecutive yellow candles and minimal lower wicks, indicating reduced volatility on the downside. Temporary Pullback: A few red candles appear, marking brief consolidation but not a trend reversal. The continuation of yellow candles afterward confirms sustained bullish pressure. 4. Key Signals and Levels: Entry Long: A long entry signal is observed after the breakout around 5,731.94, which was an excellent point for entering the bullish trade. Exit Long: The Exit Long signal near 5,776.76 suggests taking profits after the bullish move. This level now serves as short-term resistance. Support Levels: Immediate Support: 5,755.43 – A pullback to this level would still align with the bullish structure as long as it holds. Major Support: 5,731.94 – This level marks the breakout point, acting as a strong floor for further bullish moves. 5. Volume and Momentum: Although volume is not displayed, typically such strong moves (as indicated by Heikin Ashi and moving averages) are accompanied by rising volume. Momentum: Bullish momentum remains high, supported by consistent upward price movement and the sustained hold above the moving averages. 6. Resistance and Future Outlook: Immediate Resistance: The price is facing resistance at 5,776.76. A break above this could open the path to higher levels, potentially testing psychological levels like 5,800. Continuation or Pullback: If the price breaks above 5,776, we can expect a continuation of the uptrend. However, a failure at this resistance might lead to a short-term pullback to 5,755 or even 5,731. Conclusion: The chart reflects a strong bullish reversal with clear signals of upward momentum. Traders should watch the 5,776 level for a breakout confirmation or potential pullback to the key support levels at 5,755 and 5,731. Maintaining the trend above the orange and blue moving averages will be crucial for sustained bullish movement.Long20:00by Deno_Trading1
SPY: Watch Out For These Turning Points (D&W Charts).Daily Chart (Left) Resistance and Support Levels : Both $574 and $565 have served as support and resistance points in the past, and are good examples of how the Principle of Polarity works in technical analysis - when broken, support points become resistance points, and vice versa. At the moment, SPY is struggling near $574, its current resistance, which is very close to the 21-day EMA. If it fails to break it, $565 is its next stop. EMA and Price Action : The price has recently tested the 21-day EMA, and while it experienced a brief dip below this moving average, it has recovered. The EMA could act as immediate resistance if there is continued upward pressure. In addtion, the 21-day EMA is pointing down, reinforcing the short-term downtrend. Short-Term Pattern : The presence of lower highs/lows indicates weakening momentum, so keeping an eye on whether the price can break above $574.71 or fall below $565.16 is crucial. Weekly Chart (Right) Uptrend Line : The long-term uptrend is intact with a supporting trend line dating back to late 2023. This trend line, coupled with the current support level at $565.16, will be pivotal for sustaining the broader uptrend. EMA Support : The weekly EMA is also below the current price, suggesting a positive long-term trend. Any pullback to this level would still be within an acceptable correction phase. Conclusion: SPY is currently at a decisive point. If it manages to break above the $574.71 resistance, the uptrend could gain strength . Conversely, a failure to hold above $565.16 might trigger a pullback to the weekly trend line or EMA, materializing a long-term pullback (but not reversing the long-trend seen on the weekly chart, just triggering a sharper correction). This is a crucial watch zone for both bulls and bears to define short- to medium-term strategies. 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_Hydra2217
Spy Double BottomPattern: Double Bottom Spy is currently developing a double bottom pattern. Demand zone of 568-567 has giving support for buyers. In order for this pattern to have successful upside momentum we need to see a nice push through 575.50 with a nice hold with consolidation. Also be if we do get that break be cautious 576.91 supply zone created 10-31-24 Thanks Trading View Admin @NicoMuselle for the recognition on my previous TA on AAPL.Long04:10by HelloUs0
SPY Bull/Bear Options Trade After ElectionsAMEX:SPY SPY Options Range: $571-$568 Long-term tend suport down the middle. We are sitting and waiting until elections are over. Here are our weekly options: $572 Call 2-3 Week expiration Entry: Confirmation over $572 (15-30 minutes close OVER) Targets:$575, $580 $570 Puts 2-3 Week Expiration Confirmation Under $572 (15-30 minutes close UNDER) $572, $568, $563 by PennyBois1