$SPY Bounce to 590s?Hey everyone, it's your boy pic. AMEX:SPY looks primed for a typical ABC correction to around 590 going into the second half of March. Chart lines up with NextPivot Indicator and FIB levels just as pretty as you please. Nice look with clear stops. Good luck!Longby The_Shill_PickleUpdated 117
S&P 500 - New Lower HigherContinue to see the S&P 500 heading lower. Make a new lower higher this week.Shortby mistrykam220
SPY Trend Analysis SPY has been in a long-term uptrend , with two major corrections (2022 & 2023) that touched the primary trend line before recovering. The most recent bullish channel (late 2023 - early 2024) has broken downward , indicating a short-term pullback . SPY remains bullish in the long-term as long as it stays above the primary trend line (~$500). Short-term correction might continue toward $550 before resuming the uptrend. ⚠️ Disclaimer : This is not financial advice. Always conduct your own research before making investment decisions.by Wormhole0072
Stock Market Forecast | TSLA NVDA AAPL AMZN META MSFTStock Market Forecast | NASDAQ:QQQ AMEX:SPY Mag 7 Forecast | TSLA NASDAQ:NVDA AAPL AMZN META MSFT NASDAQ:GOOGLong23:26by ArcadiaTrading2
* SPY/SPX Update 3/24*Hello degenerates, I am going to try and post daily updates on SPY/SPX to help me with my analysis and preparation for next day trades. If you follow my analysis, you are aware that we have 2 possible scenarios being played out but I'll be using the bullish scenario for this analysis. This doesn't mean that the bearish scenario is invalidated. As we all know, price is now moving towards our W3 target at $580. If you haven't gotten in a play yet, I might have some good news: We might be able to have an opportunity to buy in the move tomorrow. I do have to let you know that it will be EXTREMELY RISKY. BUY IN OPPORTUNITY: - As you can see in the image, the close we have today kinda imitates the close we had on March 14th. - If you zoom in, you can see that price closed with a strong rejection and is trailing back under the previous high of the day. You can also see the volume peak that happened in both days which means that sellers stepped in when price hit that level. - I can see price opening around the $572 range and possibly even testing the 570 breakout since it is now a Whale Target(WT). - After that, I do believe we will continue with a strong impulse to finish W3. - On the 1Month Volume profile, you can see that we are in the range of a Volume peak, so I do want to see this level hold support for a continuation towards $580. - You can also see RSI giving us Lower Highs while price is on Higher highs, and MACD histogram below zero. This means that the SPY/SPX is oversold and needs a little breather. An RSI dip towards 60 will be a good level for a bounce to continue to uptrend. - In the 5D Volume Profile, you can see that we hit a volume peak and got rejected, and if we can't hold the 572 level, a dip to 570 is where we will find support. I DO HAVE TO REMIND YOU , during strong trends dips and corrections can just be disregarded (shoutout to my mentor for passing down the knowledge.) This is just a possible scenario that might happen tomorrow due to how we closed today. Buyers are really aggressive and we like it that way, so if you can't find a buy opportunity, don't sweat it. Save your capital and wait for another opportunity. This is my analysis for today, the main purpose was to find a trade opportunity for tomorrow and share the insight with you. Let me know what you think about it, and how I can make it better! Longby Caramel01
$SPY Options IV low, consolidation at around $573 CoPImplied IV for options is low, and unless somthing big happens I think SPY will continue to consolidate to $573 Close of Play today.by Atlas942
1929 Cycle... Our Era THE GREAT RESTBased off the 1929 pa i belive this what we will see.Longby cw1sss112
Weekly $SPY / $SPX Scenarios for March 24–28, 2025🔮 🔮 🌍 Market-Moving News 🌍: 🇺🇸📈 Anticipated U.S. Inflation Data 📈: The Bureau of Economic Analysis will release the Personal Consumption Expenditures (PCE) Price Index for February on Friday, March 28. This index, closely monitored by the Federal Reserve, is expected to show a 0.3% month-over-month increase, maintaining a 2.5% year-over-year growth. These figures will provide insights into inflation trends and potential monetary policy adjustments. 🇬🇧💼 UK's Spring Statement and Economic Outlook 💼: Chancellor Rachel Reeves is set to deliver the UK's Spring Statement to Parliament this week, addressing revised growth forecasts and fiscal policies. The Office for Budget Responsibility is expected to lower growth estimates, potentially impacting global markets, including the U.S., due to economic interlinkages. 🇨🇳📊 China's Manufacturing and Services PMIs 📊: China will release its official Manufacturing and Services Purchasing Managers' Indexes (PMIs) for March on March 28. These indicators will provide insights into the health of China's economy, with potential implications for global trade and U.S. markets. 📊 Key Data Releases 📊: 📅 Monday, March 24: 🏭 S&P Global U.S. Manufacturing PMI (9:45 AM ET) 🏭: Forecast: 51.5 Previous: 52.7 This index measures the performance of the manufacturing sector, with a reading above 50 indicating expansion. 📅 Tuesday, March 25: 🛒 Consumer Confidence Index (10:00 AM ET) 🛒: Forecast: 95.0 Previous: 98.3 This index measures consumer sentiment regarding economic conditions, with higher readings indicating greater confidence. 🏘️ New Home Sales (10:00 AM ET) 🏘️: Forecast: 679,000 annualized units Previous: 657,000 This report indicates the number of newly constructed homes sold in the previous month, reflecting the health of the housing market. 📅 Wednesday, March 26: 🛠️ Durable Goods Orders (8:30 AM ET) 🛠️: Forecast: -1.0% Previous: 3.2% This data reflects new orders placed with domestic manufacturers for delivery of long-lasting goods, indicating manufacturing activity. 📅 Thursday, March 27: 📉 Initial Jobless Claims (8:30 AM ET) 📉: Forecast: 226,000 Previous: 223,000 This report provides the number of individuals filing for unemployment benefits for the first time during the past week, offering insight into the labor market. 📈 Gross Domestic Product (GDP) – Second Estimate (8:30 AM ET) 📈: Forecast: 2.3% annualized growth Previous: 2.3% This release provides a second estimate of the nation's economic growth for the fourth quarter of 2024. 🏠 Pending Home Sales Index (10:00 AM ET) 🏠: Forecast: 1.0% Previous: -4.6% This index measures housing contract activity for existing single-family homes, offering insights into future home sales. 📅 Friday, March 28: 💵 Personal Income and Outlays (8:30 AM ET) 💵: Forecast for Personal Income: 0.4% Previous: 0.9% Forecast for Personal Spending: 0.6% Previous: -0.2% This report indicates changes in personal income and spending, providing insights into consumer behavior. 💹 PCE Price Index (8:30 AM ET) 💹: Forecast: 0.3% month-over-month; 2.5% year-over-year Previous: 0.3% month-over-month; 2.5% year-over-year This index measures changes in the price of goods and services purchased by consumers, serving as the Federal Reserve's preferred inflation gauge. 🛢️ Baker Hughes Rig Count (1:00 PM ET) 🛢️: Previous: 592 rigs This report provides the number of active drilling rigs in the U.S., offering insights into the oil and gas industry's activity. ⚠️ 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. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysisLongby TrendTao111
* SPY: ELLIOT WAVES BEARISH BIAS *As promised, I am now sharing you what I can see happening on SPY/SPX on the bearish point of view. I do recommend for you to check out my Bullish analysis post that I did on Friday in case you get confused: ( ) As you can see in the main image of this post, in the bearish bias I am considering this dip from last month to be Wave A of an ABC correction(Green). In this correction, Wave A has 5 sub-waves(Orange), Wave B has 3 sub-waves(Pink), and Wave C have 5 sub-waves as well. - We are now in Wave B of this correction, which retraces to 38-50% or more. As you can see in the picture above, we have completed sub-waves A and B and are now beginning sub-wave C of Wave B. Weekly Chart EMAs: - In the picture above you can see how price was able to keep itself above the 50EMA(Yellow) and is now turning to a little pump that will target the area where the 20EMA(Orange). If price gets rejected by the 20EMA, it will continue down to complete Wave C of the pattern, which confirms the bearish scenario. - Once that rejection happens, if price breaks through the 50EMA line, our next support level will be at the 100EMA(Red), which is right in between the bottom of Wave A and or Wave C target(161.8% of Wave A). I do believe that having a correction is the intent of the current government. Their intention might be to cool down from the growth that was happening during the last years of the last administration. By doing that, the markets would be set for at least 4 more years of healthy growth, institutions and new participants will have another chance at accumulating in order to participate in this next economic boom, and Trump will have a chance at showing the real results of his policies. At the end of the day, I do have to remind you all that I am just an observer of the market. My analysis is not a prediction of the future, they are just my attempt to be prepare to the different scenarios my money losing journey will take me while I learn the wisdom of the waves.Shortby Caramel01
* SPY : Elliot Waves Bullish Bias *I don't care if you are a bull that believes this is the beginning of price recovery or a bear that believes that this is just a slight retracement to gear up for the major downtrend. I am here to show you different possible scenarios during my Elliot Waves learning process. In the main image of this post, you can see that bulls have completed a 5 impulse Wave 1 and have now completed a ABC flat correction Wave 2. If I'm correct, we are now in the beginning of Wave 3 with a price target 581-587. Now lets take a closer look to where we are: - From the 5 Impulse waves that make W3, we are now in Wave 1 which also has 5 impulses and $570 for its target. - Zooming in closer, you can see that we have just completed the first wave and are now making the second wave with a price target between 561.92(full length of wave A) and 559 (23% Fib LVL). - After this correction wave is completed, I expect us to have a strong momentum towards W3 price target at 566, a quick and sharp correction for W4, and a last impulse towards our first main target that will be testing or possibly explode through $570. - After we hit our first wave target, I do expect price to consolidate for a bit, hopefully holding the 570 level, and prepare for another explosive wave towards 578 and then our 581-587 area target. to complete the this 5 impulse wave. * It is important to remind you that this is the scenario I see happening on the idea that SPY has completed its correction and is now aiming to continue our uptrend towards new ATH. For this to happen, I would prefer to see this Wave 3 blasting through its price target and possibly testing 590 and above, leaving little space for a quick W4 correction and then proceeding to levels near ATH. In the main picture, I highlighted $597 as a level to confirm a bullish this bullish theory. * I will later on post my bearish view on SPY just so you don't get too comfortable. We can't leave your therapist without a job. And at the end of the day, keep in mind that we are out here to observe the market and take advantage of its ups and downs. Manage your risks, ride the waves, and let the gods of the charts dictate where price go.Longby Caramel0333
$SPY March 24, 2025AMEX:SPY March 24, 2025 15 Minutes. Gap down open on 21st was not strong as gap was covered by close of day. The fib move for downside was achieved by gap down hence no trade. Now for the fall 570.57 to 558.03 566 is level to watch. For the rise 558.72 to 564.89 561-562 is number to watch. So, a short at 565-566 will have a target 562 -563 levels. I will wait for Monday open before entering a trade.by RiderTrader114
$SPY Bullish setup with 200ma in viewLooking at multiple time frames but w/ a special focus on intraday time frames and their relationship to the 200ma. Long03:33by lonnobee1
SPY Morning Scalping Game Plan – March 21, 20251. Market Overview * Current Price: $560.34 (Pre-market) * Max Pain Level: $580 (Potential magnet, but unlikely today) * Gamma Exposure: -86.8% Puts → Market makers will sell into weakness and buy into strength * Major Support Zones: * $560.20 → Highest negative NetGEX Put Support * $555 → 3rd Put Wall (-71.85%) * $550 → 2nd Put Wall (-88.58%) * Major Resistance Zones: * $570 → 10.85% Call Resistance * $573-$575 → 2nd Call Wall (9.91%) * $580 → 3rd Call Wall (9.3%) 2. Expected Market Behavior * Bearish bias in the morning due to BOS (Break of Structure) * Key Decision Area: $560 * If $560 holds, expect a bounce toward $565-$570 * If $560 breaks, expect a dump to $555-$550 * GEX Suggests Market Makers Will Sell Into Weakness: * If SPY drops, expect acceleration downward * If SPY spikes up, market makers will fade the move 3. Scalping Playbook Scenario 1: Bearish Breakdown (Most Likely) 📉 If SPY loses $560.20 with strong selling volume → Short opportunity * Entry: Below $560 with confirmation * Target 1: $555 * Target 2: $550 (if heavy selling continues) * Stop Loss: Above $562 ✅ Confirmation Signs: * Strong volume on breakdown * Stochastic & MACD trending lower * SPY fails to reclaim $560 after testing Scenario 2: Bullish Reversal (Less Likely but Possible) 📈 If SPY holds $560 support and reverses → Long opportunity * Entry: Above $562 with strong buying pressure * Target 1: $565 (gap fill) * Target 2: $570 (call resistance) * Stop Loss: Below $560 ✅ Confirmation Signs: * Buyers stepping in at $560 * Bullish divergence in Stochastic/MACD * Break of lower highs on smaller timeframes 4. Key Indicators to Watch * VWAP: If SPY trades below VWAP, bias remains bearish. * 9 EMA & 21 EMA: If 9 EMA crosses below 21 EMA, trend confirms down. * Options Flow: Watch for large put selling or call buying for a shift. 5. Risk Management * Take profits quickly! Market is volatile. * If SPY is choppy → Wait for clear breaks above/below key levels. * Avoid counter-trend scalps unless you see strong divergences. 6. Summary * Bias: Bearish below $560, bullish only if reclaiming $562. * Bearish Setup: Breakdown below $560 → Target $555-$550 * Bullish Setup: Bounce off $560 → Target $565-$570 🚀 Game Plan: Watch SPY’s reaction at $560. If it holds, play the bounce. If it breaks, short to $555-$550. Stay nimble and manage risk tightly. Let me know if you need real-time updates as market opens! 🔥 by BullBearInsightsUpdated 228
$SPY - Trading Levels for March 20 2025 THIS is the gameplan today - if you know you know. by SPYder_QQQueen_Trading6
Big Break Could Come SPY has bounced off the 1.61 and is inside a possible 1.26 rejection. Clean breaks of a 1.61 like this tend towards big fast drops to the next fibs. Often this zone will then hold a retest. Big area for SPY. If this isn't support, bad things are likely.Shortby holeyprofitUpdated 242418
SPY - support & resistant areas for today March 21 2025The key support and resistance levels for SPY today are above. Follow me to get this notified when I publish in the morning. My group in my signature, get these first then ideas, and then minds; I also post these for QQQ TSLA META VIX in my group, so join if yall havent Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change. If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 20 boosts, I will have to reconsider providing these daily updates. Thank you for your support! Need any other charts daily, Or how to trade this? Comment on this.by OnePunchMan91Updated 6
SPY Primary Trend is still UP The recent breakdown from the steeper uptrend could lead to a pullback to $550-$530. If SPY holds above $550, it may recover towards $580-$600. A break below $530 could signal a deeper correction. As long as SPY holds the primary trend line (~$520), the bullish uptrend remains intact. If it reclaims $600+, it could aim for new all-time highs above $620+. by Wormhole0072
SPY - support & resistant areas for today March 19, 2025The key support and resistance levels for SPY today are above. Follow me to get this notified when I publish in the morning. My group in my signature, get these first then ideas, and then minds; I also post these for NASDAQ:QQQ NASDAQ:TSLA NASDAQ:META TVC:VIX in my group, so join if yall havent Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions. Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change. If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 20 boosts, I will have to reconsider providing these daily updates. Thank you for your support! Need any other charts daily, Or how to trade this? Comment on this.by OnePunchMan911112
SPY Approaching Key Resistance – What’s Next?Technical Analysis (TA) & Key Levels SPY is currently testing the upper trendline resistance around $570, indicating a breakout attempt from the recent downtrend. A successful break above this level could lead to further bullish momentum toward $573 - $583, aligning with the 7.97% CALL Resistance. However, failure to sustain above $570 may trigger a pullback to $560, where put support exists, acting as a critical demand zone. * Immediate Resistance: $570 - $573 * Breakout Target: $583 - $594 * Support Levels: $560, $549 Price Action & Market Structure * A Break of Structure (BOS) is visible at $570, indicating a shift in momentum. * The Change of Character (ChOCH) signaled a trend reversal, with buyers stepping in from the $555 - $560 range. * The MACD is turning bullish, confirming positive momentum. * Stochastic RSI suggests SPY is nearing overbought conditions—watch for potential profit-taking. GEX & Options Sentiment * HVL (High Volume Level) at $570T - Indicates a crucial battleground for price action. * PUT Walls: $560 (highest negative NETGEX) – Strong support where buyers might step in. * CALL Walls: $583, $594 – Targets if momentum sustains. * GEX: Bearish bias with PUTs at 77.3%, indicating hedging pressure remains. Trading Plan & Recommendation 📌 Bullish Setup: * Enter on a confirmed breakout above $570, targeting $573-$583. * Stop-loss: Below $567. 📌 Bearish Setup: * A rejection at $570 can lead to a retest of $560. * Stop-loss: Above $573. Final Thoughts SPY is at a critical inflection point. Watch for volume confirmation and options flow before committing to a direction. A decisive move above $570 opens room for upside, but a rejection could signal downside pressure toward $560. 📢 Disclaimer: This analysis is for educational purposes only. Always conduct your own due diligence and manage risk accordingly. 🚨 by BullBearInsights1
1pm updateA quick update on the market. I still think we'll go lower into the close as of now. Short07:44by rsitrades112
SPY'S FIRST BUY SIGNAL SINCE MARCH 26, 2020 CONFIRMED!!!In this video where back on AMEX:SPY 2 day chart with an update on our legendary buy signal that printed for the first time since March202019:59by Jonalius5
$SPY - Trading Levels for March 20 2025 THIS chart is from last nights video and we’re at the bottom of the implied move here. I went in with 559/557 bull put spreads here at .80 reward to 1.20 risk Cheers to this being bottom on the dayby SPYder_QQQueen_Trading3
$SPY March 21, 2025AMEX:SPY March 21, 2025 60 Minutes. The downtrend LL was negated by oscillator divergence. Hence holding the low 559 is critical. We have 9,21,50,100 converging around 563-565 levels. For the fall 584.88 to 549.7 61.8% retracement done. by RiderTrader1