SP500 approaching rising trendline from belowThere has always been some correction when the market approaches the rising trendline from below. AMEX:SPY has about 10 point and SP:SPX about 100 points to go still. The volume is still on the buy side. I expect that to fade before a correction. Some market leaders like AMZN have already touched that trendline
S27 trade ideas
Nightly $SPY / $SPX Scenarios for July 3, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 3, 2025 🔮
🌍 Market-Moving News 🌍
📉 U.S. Private Payrolls Surround Weakness
The ADP report showed a drop of 33,000 private-sector jobs in June, the first decline in over two years, reflecting businesses holding back hiring amid trade uncertainty. However, layoffs remain low, signaling no acute stress yet
📊 Markets Braced for NFP Caution
Markets are wary ahead of this morning’s Non‑Farm Payroll (NFP) release—currently projected at +115,000 jobs and 4.3% unemployment—based on indications of labor-market cooling from weak ADP numbers
💵 Canadian Dollar Strengthens
The loonie jumped 0.4% as investors adjust expectations for broader central-bank dovishness, driven by the weak U.S. jobs signals and optimism over a revived U.S.–Canada trade dialogue
📊 Key Data Releases 📊
📅 Thursday, July 3:
8:30 AM ET – Non‑Farm Payrolls (June):
Forecast: +115,000; Previous: +139,000 (May). Watching for signs of sustained job-growth slowdown.
8:30 AM ET – Unemployment Rate:
Forecast: 4.3%, up from 4.2% in May. A rise may increase odds of rate cuts.
8:30 AM ET – Average Hourly Earnings (MoM):
Forecast: +0.3%; prior: +0.4%. Cooling wages would ease inflation pressures.
8:30 AM ET – Initial & Continuing Jobless Claims:
Track week-to-week stability or worsening of labor-market conditions.
9:45 AM ET – Services PMI (June, flash):
Monitor for signs of slowing in U.S. service-sector activity.
10:00 AM ET – ISM Non-Manufacturing PMI (June, flash):
Forecast: 50.8. A reading below 50 suggests contraction in services.
⚠️ Disclaimer:
For informational and educational purposes only. It does not constitute financial advice. Consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #jobs #Fed #labor #technicalanalysis
SPY - TargetsWatching this wedge, Trump making headwinds with trade talks, striking a vietnam deal. Buyers still in control but hesitant, the "Big Beautiful Bill' being hashed out in the next couple of weeks. Could easily see a small pull back into the EMA's, Betting we see prices higher to the bullish target $700 if we can break above T/L with nice volume.
update on the markets 7/2/2025SPY continues to move up and I think a bit higher is likely still, although the bearish divergences are warning that another high may not hold. Gold may be bullish if it can push a bit higher. NG still looks bearish overall. USOIL also looks bearish. BTC is trying to breakout, but might not be able to just yet.
SPY/QQQ Plan Your Trade For 7-1 : Post Market UpdateToday was a very powerful day for the Cycle Patterns - particularly for Gold and BTCUSD.
Gold rallied as the Cycle Pattern predicted a RALLY in TREND mode.
BTCUSD collapsed on a CRUSH Cycle Pattern.
The SPY Cycle Pattern predicted a Gap Reversal pattern. We did see the Gap today and a moderate reversal in price. But the SPY, as usual, continued to try to melt upward.
I highlighted a very interesting TWINNING pattern in Bitcoin in this video. Pay attention.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
SPY Stuck at Gamma Ceiling! Will Bulls Break 619 or Get Rejected Again? 🎯
🔍 GEX Option Flow Outlook
SPY is grinding right under the heavy call wall at 619, which aligns with the highest NET GEX resistance zone. The flow is dominated by calls, and GEX is flashing 4 green dots, meaning dealer hedging could drive price higher if 619 breaks cleanly.
* GEX Resistance Wall:
* 🔹 $619–$620 = stacked resistance (Call Wall + GEX7 + GEX8 + GEX9)
* 🚫 Historically acts like a magnet & rejection zone
* GEX Support Wall:
* 🔸 $614 = HVL support (strong bounce zone for 0DTE plays)
* 🔻 $610–$608 = Put Wall danger zone
💡 Based on the current GEX map, if bulls can break above 619 with volume, the path to 623 opens. But failure to do so likely triggers a pullback to 614.
🧠 Smart Money Price Action (1H Chart)
SPY remains in a bullish rising channel, printing higher lows. However, price is stuck inside a CHoCH zone (consolidation under resistance) right under the 619 level.
* BOS from June 27 confirms structure shift
* CHoCH zone holding short-term price action
* 📦 Demand zone: 615–614 → where bulls stepped in before
* Volume dropping = market waiting for catalyst
🎯 Trade Setups:
📈 Bullish Breakout Plan:
* Trigger: Above 619.50 with momentum
* Target: 621 → 623
* Stop: Below 617.50
* Trade Idea: Buy 620C or 622C (0DTE/1DTE) for a quick breakout scalp
📉 Bearish Rejection Plan:
* Trigger: Rejection below 619 with spike in volume
* Target: 614 → 610
* Stop: Above 620
* Trade Idea: Buy 615P or 612P (1–2 DTE) on failed breakout
🧠 My Take:
SPY is at a critical pressure point. If dealers are forced to hedge more delta due to call buying, we could see a breakout. But the Gamma Wall at 619 is real — bulls must break it with force or risk another fade.
Disclaimer: This is not financial advice. For educational purposes only. Always manage your risk. 🎯
Nightly $SPY / $SPX Scenarios for July 2, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 2, 2025 🔮
🌍 Market-Moving News 🌍
🏭 U.S. Manufacturing Remains Under Pressure
The ISM Manufacturing PMI for June rose slightly to 49.0 from 48.5 in May—still in contraction territory. Tariff-induced uncertainty and rising input costs continue to weigh on factory activity, with new orders still weak and employment contracting
📈 Global Factory Rebound Led by India & Europe
While U.S. factories struggle, India hit a 14-month high in its manufacturing PMI at 58.4, and euro‑zone factory orders stabilized at 49.5—the first sign of recovery in over three years. Asia-Europe divergence may shift global capital flows .
🏦 Powell Says Tariffs Are Delaying Rate Cuts
Fed Chair Powell warned at the ECB forum in Sintra that elevated inflation—driven in part by Trump-era tariffs—has postponed the timeline for U.S. rate cuts. The Fed’s dot-plot now indicates only two cuts for 2025, with markets adjusting accordingly
💵 Dollar Nears 3½-Year Lows
The U.S. dollar weakened further, trading near a three-and-a-half-year low amid soft PMI data, a dovish Fed tilt, and renewed optimism over U.S.–Canada trade talks
📊 Key Data Releases & Events 📊
📅 Wednesday, July 2:
(No major scheduled U.S. economic data)
Market focus shifts to upcoming Nonfarm Payrolls on July 3, Powell's remarks, and trade-talk headlines.
⚠️ 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 #manufacturing #Fed #inflation #charting #technicalanalysis
How I screen for long term investmentsIn this video, I’ll show you the exact stock screener I use to find long-term investment opportunities — the kind of stocks you can buy and hold for years.
I’ll walk you through the key metrics to look for, how to use free tools like TradingView screener, and what red flags to avoid. This strategy is perfect for beginner and experienced investors who want to build long-term wealth, not chase hype.
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SPY S&P 500 ETF Potential W-Shaped Recovery Forming We may be witnessing the formation of a W-shaped recovery on the SPY (S&P 500 ETF) – a classic double-bottom structure that often signals a strong reversal after a period of correction or volatility. Let’s dive into the technicals and what this could mean in the sessions ahead.
🔍 The Technical Setup:
SPY recently tested key support around the $485-$500 zone, bouncing off that area twice in the past few weeks. This gives us the left leg of the W and the first bottom. After a modest relief rally to ~$520, we saw another pullback – but this second dip failed to break below the first bottom, a hallmark of the W-pattern.
As of today, SPY is starting to reclaim ground toward the $517-$520 resistance zone. If bulls can push through this neckline area, especially with volume confirmation, we could see a breakout that targets the $530-$535 area in the short term.
🔑 Key Levels to Watch:
Support: $490-$500 (double-bottom support zone)
Neckline/Resistance: $530
Breakout Target: $550 (previous highs)
Invalidation: A break below $490 with volume could invalidate the W-recovery idea and shift bias bearish.
📊 Momentum & Volume:
RSI is climbing back above the 50 level – bullish momentum building.
MACD shows a potential crossover forming, hinting at a shift in trend.
Watch for increasing buy volume as SPY approaches the neckline – that’s where the bulls will need to step up.
🧠 Macro & Earnings Angle:
Don’t forget – we’re entering a heavy earnings season and rate cut expectations are still a wildcard. A dovish tone from the Fed and strong corporate results could be the fuel that sends SPY higher to complete this W-shaped recovery.
🧭 Final Thoughts:
This is a high-probability setup if neckline resistance is broken cleanly. Wait for confirmation before going heavy – fakeouts are common in double-bottom scenarios. If we do get the breakout, we may be looking at a broader market rebound going into summer.
🔔 Set alerts near $525. A confirmed breakout could mean the bulls are back in charge.
Nightly $SPY / $SPX Scenarios for July 1, 2025 🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 1, 2025 🔮
🌍 Market-Moving News 🌍
📊 Core Inflation Edges Higher
May’s core inflation rose unexpectedly to 2.7% year-over-year, up from 2.6%, casting uncertainty over the Fed’s timeline for rate cuts. While headline CPI sits at 2.3%, the resilience in underlying prices complicates policymakers’ projections for later this year
💵 Weak Dollar, Rising Rate-Cut Bets
Markets are reacting to “summertime data”—like the core CPI uptick—with renewed optimism. Traders now see up to 75 bps in Fed rate cuts later this year, while the dollar remains near 3½-year lows on concerns about Powell’s independence and trade developments
🇨🇦 U.S.–Canada Trade Talks Resume
Trade talks between the U.S. and Canada restarted today, following Ottawa’s suspension of its digital-services tax. Progress toward a broader agreement could reduce tariff risk and offer further relief to risk assets
📊 Key Data Releases & Events 📊
📅 Tuesday, July 1:
All Day – U.S.–Canada Trade Talks
Markets will watch for updates on tariff resolution and broader trade deals. Any breakthrough could notably boost equities and improve trade sentiment.
10:00 AM ET – ISM Manufacturing PMI (June)
A below-50 reading again would reinforce the narrative of industrial weakness. A rebound could support equities and temper recession concerns
10:00 AM ET – JOLTS Job Openings (May)
Still at elevated levels (~7.39 million in April), this metric assesses labor-market resilience. A decline could shift rate-cut expectations.
⚠️ Disclaimer:
This is for educational and informational purposes only. It does not constitute financial advice. Consult a licensed financial advisor before investing.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
SPY/QQQ Plan Your Trade For 6-30-25 : Gap Potential PatternToday's pattern suggests the SPY will attempt to create a GAP at the open. It looks like the markets may attempt to move higher as the SPY is already nearly 0.35% higher as I type.
Last week was very exciting as we watched the QQQ and the SPY break into new All-Time Highs.
I suspect the markets will continue a bit of a rally into the early Q2 earnings season where retail traders attempt to prepare for the strong technology/innovation/AI earnings data (like last quarter).
I do believe this rally is due for a pullback. I've highlighted this many times in the past. Typically, price does not go straight up or straight down. There are usually multiple pullbacks in a trend.
So, at this point, the markets are BULLISH, but I still want to warn you to stay somewhat cautious of a pullback in the near future (maybe something news-related).
Gold and Silver should start to move higher over the next 5-10+ days, with gold trying to rally back above $3450. I see Gold in a solid FLAGGING formation that is moving closer to the APEX pattern.
Bitcoin is nearing a make-or-break volatility point. I see BTCUSD breaking downward, but it could break into a very volatile phase where it attempts to rally (with the QQQ through earnings), then collapse later in July. We'll see how things play out.
Remember, tomorrow morning I have a doctor's appointment. So I may or may not get a morning video done. FYI.
Get some today.
SPY Rejected at Gamma Wall–Watch $610 Breakdown or $615 Reclaim🧠 GEX-Based Options Sentiment:
SPY closed Friday with a rejection off the Highest Positive Net GEX / Gamma Wall at $615, with sellers defending the upper structure near the 2nd Call Wall at $620.
Support now lies in the $608–$604 range, with $605.54 and $604.45 aligning with GEX magnets and prior structure. Below that, there’s a gap to the HVL zone near $599, and the gamma floor starts deep around $591, which is also defended by the 2nd and 3rd PUT Walls.
Implied Volatility Rank is 12.2, with IVX below average. This implies premium selling could be dominant unless we break key levels. Meanwhile, PUT flow dominates at 31.9%, showing a clear defensive posture by institutions.
🔧 Options Trade Setup (for Monday–Wednesday):
Bearish Setup:
If SPY confirms under $610, especially during the first hour Monday, it could trigger a fade toward $605 or even $599 HVL.
Consider a PUT debit spread like 610p/600p (Jul 3).
Stop out if price reclaims $613.50–$615 cleanly.
Bullish Setup:
If SPY holds $610 and reclaims $615 with force, it can squeeze into the GEX void toward $620–$622.
Consider a CALL debit spread like 615c/620c (Jul 3).
Stop if price breaks back under $610 with volume.
📉 Intraday Technical Breakdown (1H Chart):
We now have back-to-back CHoCHs printed below rising wedge structure, followed by a failed retest at the top. This is a textbook sign of exhaustion. The final BOS and CHoCH from Friday confirmed that buyers lost short-term control.
The current structure is rolling over with lower highs, and SPY is now trading inside a descending micro-channel after rejection at $615.
Volume picked up on the Thursday/Friday rejection, which adds weight to the downside scenario unless we open strong Monday.
📌 Key Levels to Watch:
$617.00 – Upper Gamma ceiling
$615.00 – Gamma Wall & recent supply zone
$613.50 – Mid-level rejection pivot
$610.00 – Structure support now under threat
$608.48 – Intraday gamma magnet
$605.54 / $604.45 – Strong confluence support zone
$599.49 – HVL target zone
$591.90 – Gamma floor if broader selloff triggers
✅ Thoughts and Monday Game Plan:
SPY looks vulnerable under $610 — this is the most important level to watch. If that breaks and holds below in the first 30–60 minutes, we likely fade to $605 or lower.
The ideal trade setup would be to short the retest of $610 from below, or buy PUTs on confirmed weakness into the gamma air pocket. Alternatively, wait for a high-volume reclaim of $615 to trade with the bulls, but until then, the path of least resistance is down.
Macro catalysts are light, but pre-holiday positioning could bring volatility — stay nimble.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Always use proper risk management and trade with a plan.
Weekly $SPY / $SPX Scenarios for June 30 – July 3, 2025🔮 Weekly AMEX:SPY / SP:SPX Scenarios for June 30 – July 3, 2025 🔮
🌍 Market-Moving News 🌍
📈 US Stocks Rally to Record Highs
Following a volatile first half, U.S. equities surged into record territory in late June on a combination of easing Middle East tensions, cooling inflation data, and the 90-day tariff pause
💵 Dollar Weakens on Fed and Trade Uncertainty
The U.S. dollar fell to a 3½-year low, pressured by persistent speculations over President Trump replacing Fed Chair Powell and extending rate-cut expectations, as well as progress in U.S.-Canada trade talks
🇨🇦 U.S.–Canada Trade Talks Lift Sentiment
Canada temporarily repealed its digital services tax to facilitate talks seeking a broader trade agreement by July 21, boosting U.S. equity futures
🛢️ Oil Prices Stabilize
After spiking on geopolitical fears, oil traders settled between $65–78/bbl amid supply relief following ceasefire developments and easing Middle East risks
⚠️ July Risks Loom
The coming week will spotlight:
July 4 deadline for Trump’s tax bill
Expiry of the tariff pause on July 9
U.S. Nonfarm Payrolls on July 3
Each poses potential for increased volatility if outcomes disappoint
📊 Key Data Releases & Events 📊
📅 Monday, June 30
9:45 AM ET – Chicago PMI (June): Gauge of Midwestern factory activity
📅 Tuesday, July 1
U.S. markets open, watch trade developments
📅 Wednesday, July 2
Global PMI readings released
📅 Thursday, July 3 (Early close ahead of Independence Day)
8:30 AM ET – Nonfarm Payrolls (June)
8:30 AM ET – Unemployment Rate (June)
8:30 AM ET – Average Hourly Earnings (June)
These labor metrics will be critical for Fed rate outlooking
⚠️ 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 #jobs #Fed #oil #trade #technicalanalysis
SPY Technical Analysis! SELL!
My dear followers,
I analysed this chart on SPY and concluded the following:
The market is trading on 614.85 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 586.37
Safe Stop Loss - 631.68
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
$SpySo I just wanted to focus on the next 2weeks of trading..
To summarize what I think will happened
We make another high around 620 by End of this week. That high will most likely coincide either the Bill passing through senate or and the Non farm payroll coming out Thursday.
Summer melt up seasonality is in progress.
Historically the week of July 4th trades with really thin volume. Thin volume is hurts bears more than it does bulls. Imagine spy breaking back below 600 with only 50% of its normal volume (Won't happen).
The week after this is the break between this quarter and the next Q3.. this is when I expect a corrective pullback to the 20sma or 605, they'll probably blame it on some Tariff July 9th related catalyst.
2nd week of July begins Q3 and the market will move up or down or earnings. From my experience, you rarely see Armageddon in the market before big tech earnings.
So basically 620 this week at some point , 605 next week and from there Earnings season starts off with big banks.
Some more trading advice I'd give is becareful with too far OTM weekly options, I expect at least 2 of these days will be terribly choppy.
One of the main reasons I believe the market will now go higher is because of the index moves... of course you saw the how spy and Qqq made a V shape recovery, well the Dow jones and IWM are now catching up with their own V
So if the Dow has 2-3% left to pump the Spy will atleast match that pump. This move could come next week or wait until the pullback and finish during earnings but it will come.
I'll do a bigger picture and out look after next week's move.
Some trade ideas I'll post here
First one is NASDAQ:GOOGL
Channel trade here..
I think early in the week googl heads to 181.50. If market melts up later in the week then googl could see 185.00.. but like I said this is a channel trade and the ultimate tgt is 190 ish .
2nd trade
Tsla
I think it's headed back to 300.00 or 200ema
From there we will either bounce and make a Pennant or double top lower .. if you look, you'll see price has been bouncing of its 50sma for 2weeks now, so the short entry is below that
Lastly, there is not enough volume to pump all stocks this week, so some will be red and some will be green.. to avoid longing or shorting the wrong one, have patience and wait 30min-1hour after the open for true direction before you trade ..
Good luck
SPY ATH TARGET 650Trend: Strong bullish continuation. Price just broke above the key 610 level, entering a momentum phase toward the projected 650 target.
Structure: SPY is trading inside a rising channel. The upper bound aligns with the 650 level, suggesting this is the next liquidity zone.
Support Zones:
610: Now a critical support. If it holds, buyers remain in control.
580–560: First unfilled gap — a likely magnet if price dips.
540–530: Second unfilled gap — stronger support on deeper pullback.
500–480: Major demand block — structural bottom of the current rally.
Moving Average (EMA): Price is trading above its EMA, confirming bullish momentum.
Gaps: Two visible gaps remain open below, both likely to act as magnets if bulls lose momentum.
📈 Expected Range:
Above 610 → Target: 650
Below 610 → Watch for gap fills at 580 and 540
SPY: Bearish Continuation is Expected! Here is Why:
Looking at the chart of SPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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