spytradingpro

spytradingpro

Trading Plan for Friday Market Sentiment: Neutral to Bullish Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5155 (major), 5146, 5140, 5133 (major), 5125 (major), 5118, 5113, 5106 (major), 5101, 5088-92 (major), 5084, 5073, 5065, 5057-60 (major), 5052, 5046, 5040, 5032-29 (major), 5022, 5018, 5013 (Major), 4998-5000 (major), 4994, 4987,...

spytradingpro

Trading Plan for Thursday Market Sentiment: Neutral Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5100, 5093 (major), 5087, 5082-79 (major), 5078, 5070-73, 5058-60, 5052, 5045 (major), 5033-36 (major), 5028, 5018-20 (major), 5013, 5008 (major), 4998 (major), 4988, 4978, 4969, 4965-63 (major). Resistances to Monitor: Key Resistances:...

spytradingpro

Market Sentiment: Neutral Weekly Volatility Risk: High Trading Plan for Wednesday Supports to Watch: Immediate Supports: 5081, 5073, 5063-66 (major), 5057, 5052, 5044, 5035-40 (major), 5028, 5022, 5018 (major), 5013, 5009, 5003, 4996-98 (major), 4987, 4983 (major), 4976, 4970 (major), 4962-66 (major). Resistances to Monitor: Key Resistances: 5088...

spytradingpro

Market Sentiment: Neutral Weekly Volatility Risk: High Trading Plan for Tuesday Supports to Watch: Immediate Supports: 5135 (major), 5125-27 (major), 5110-13, 5102 (major), 5092 (major), 5087, 5079, 5070-73 (major), 5065, 5053, 5045 (major), 5037 (major), 5033, 5026 (major), 5018, 5013 (major), 5003, 4998 (major), 4987, 4983 (major), 4976 (Major), 4971,...

spytradingpro

Market Sentiment: Neutral to Bullish Trading Plan for Monday Supports to Watch: Immediate Supports: 5134, 5124 (major), 5113 (major), 5106, 5096 (major), 5093, 5085-87, 5079, 5074 (major), 5063, 5052 (major), 5046, 5039-41 (major), 5034, 5028 (major), 5018, 5013, 4998-5000 (major), 4992, 4987-85 (major), 4975, 4970, 4960-65 (major) Resistances to...

spytradingpro

Market Sentiment: Neutral Trading Plan for Friday Supports to Watch: Immediate Supports: 5093, 5087, 5078-80 (major), 5066, 5058 (major), 5052, 5041-41 (major), 5031, 5028, 5018-22 (major), 5013, 5009, 5004, 4998 (major), 4988 (major), 4976, 4965, 4956-69 (major), 4947. Resistances to Monitor: Key Resistances: 5100-02 (major), 5108, 5113, 5120-24...

spytradingpro

Market Sentiment: Neutral Indian and Global Market Updates Mixed Indian Indices in Early Trading: The BSE Sensex and Nifty oscillated between gains and losses in a volatile morning session, mirroring muted global market cues and today's monthly derivatives expiry. Reliance Industries, Maruti, and Others Lead Gains: Reliance Industries, Maruti, Titan,...

spytradingpro

Trading Plan for Wednesday, February 28, 2024 Market Sentiment: Neutral Supports to Watch: Immediate Supports: 5080, 5074 (major), 5066 (major), 5058, 5044-46 (major), 5028, 5018-22 (major), 5008, 5003 (major), 4998 (major), 4988, 4983, 4975 (major), 4965, 4954-58 (major), 4947, 4933 (major), 4917-20 (major), 4913, 4907 (major). Resistances to Monitor:...

spytradingpro

Market Sentiment: Neutral Stock Market Outlook for February 2024 The stock market's outlook leans toward neutral for February 2024. While the powerful year-end rally of 2023 created optimism, concerns linger that positive news has been priced in. This suggests potential vulnerability to negative news or persistent inflation throughout 2024. Federal Reserve's...

spytradingpro

Market Sentiment: Neutral to Bullish 📈 Trading Plan for Monday Supports to Watch: Immediate Supports: 5098, 5093 (major), 5079, 5073, 5066 (major), 5058, 5046-48 (major), 5040, 5028-32 (major), 5018 (major), 5013, 5003-05 (major), 4998, 4988 (major), 4984, 4976 (major), 4971, 4965 (major), 4956 (major), 4947-50 (major), 4942, 4934 (major). Resistances to...

spytradingpro

📈 Market Sentiment: Neutral to Bullish SPX Outlook for February, 23 2024: Bullish Momentum: The S&P 500 exhibited a bullish trend into January 2024, reaching new highs driven by strong economic indicators and expectations of Federal Reserve rate adjustments. Nevertheless, there are concerns about potential market corrections if earnings growth fails to meet the...

spytradingpro

📊 Market Sentiment: Neutral Nvidia's Earnings Impact: Exceptional Performance: Nvidia's Q4 and fiscal 2024 earnings showcase transformative growth in AI and data center sectors. The company's revenue and EPS have significantly exceeded expectations, sending shares soaring and valuing Nvidia at $1.7 trillion. Market Response: The 10% rise in Nvidia shares...

spytradingpro

📉 Market Sentiment: Bearish Stock Market Outlook for February 2024: Bullish Momentum: The S&P 500's bullish trend into January 2024, reaching new highs, fueled by strong economic indicators and anticipations of Fed rate adjustments. However, concerns loom over potential market corrections should earnings growth not meet the high expectations set for 2024 and...

spytradingpro Updated 

Apologies for the formatting today. TradingView has a formatting bug in their editor and this is the only way to publish until it's been resolved. Market Sentiment: Neutral to Bearish Vanguard's Economic Outlook: U.S. Consumer Health: Entering 2024, U.S. consumers remain financially healthy, potentially bolstering or stabilizing economic growth despite recession...

spytradingpro

📊 Market Sentiment: Neutral to Bearish OPEX Day = High Volatility Things could go either way today, so exercise extreme caution. I do not trade on OPEX days. The last hour of the trading session will be a determining factor on where we're headed next week. Stock Market Outlook: Earnings Growth Expectations: Wall Street's anticipation of double-digit...

spytradingpro

📊 Market Sentiment: Neutral to Bearish U.S. Economic Projections: Rosenberg's Recession Warning: Forecasts an 85% chance of a recession in 2024, highlighting financial conditions and the yield curve as critical indicators. Global Economic Outlook: Tight Monetary Policy Impact: The World Economic Situation and Prospects report underscores the impact of...

spytradingpro

📊 Market Sentiment: Neutral to Bearish U.S. Economic Projections: Congressional Budget Office (CBO) Outlook: Projects a slowdown in 2024 with a potential rebound in 2025 as the Federal Reserve lowers rates. The 2024 deficit is anticipated to be smaller than previously estimated, indicating a cautious approach towards monetary policy. Stock Market...

spytradingpro

📊 Market Sentiment: Neutral to Bearish Catalyst: The latest CPI results will be released this morning at 8:30 AM (EST). U.S. Economic Projections: Congressional Budget Office (CBO): Forecasts slower economic growth in 2024 with unemployment rising due to tight monetary policy, but expects growth rebound in 2025 as Federal Reserve lowers interest...