stocktradecoach0396

stocktradecoach0396

January 6th 2023 - support at 380 held through typical low volume volitility over the holidays ... Santa rally did not show up this year ... will be watching 390 - 391 resistance band on Monday after todays strong bounce

stocktradecoach0396

Dec 30 2022 - as expected a very low volume day today .... S&P SPY maintaining the 380 support level into the last hour of trading this year of 2022 .... WISHING ALL FRIENDS THE BEST IN 2023 !!!

stocktradecoach0396

Dec 23 2022 - S&P 500 SPY support at 380 tested and held on Thursday Dec 22nd .... now watching intraday res @ 382 .... if break then 388 and subsequently 395 ....

stocktradecoach0396

Dec 19 2022 - S&P 500 SPY closed today at the key 380 level ... will be watching this key support tomorrow morning Dec 19 Tuesday ...

stocktradecoach0396

Dec 16 2022 - the Grinch hijacked Santas sleigh yesterday .... Federal reserve Chairman Jerome Powell flexed his muscles once again with a half a point rate hike .... put a screeching halt on the Santa Claus rally ... Now watching intraday support at 380.54 .... if breach then first level key support at 371.04

stocktradecoach0396 Updated 

Monday Dec 12 2022 - at the beginning of this week the S&P 500 SPY key support at the SMA30 level... 392.66 is being tested and should give the swing traders their BIAS for the Christmas season .... traditionally the "Santa" rally is expected togo to the upside ....

stocktradecoach0396

Dec 8th 2022 - S&PSPY retests SMA30 support this week ... holding so far .... now back to the retest of that key 400 level into Christmas season .....

stocktradecoach0396

Dec 2nd 2022 - S&P SPY broke out of consolidation pattern yesterday and tested intraday resistance at 408.77 ... if break through 408.77 then watching 420 ...

stocktradecoach0396 Updated 

amidst unprecedented political gloabl events ...it appears a bullish cosolidation pattern is manifesting with the top boundary around the 402 level ...

stocktradecoach0396

S&P 500 SPY has tested support and held.... now watching upside intraday resistance at around the 400 level ... watching 420 if 400 breaks into Christmas season ...

stocktradecoach0396

will be watching the intraday 375 resistance level on the S&P SPY in the morning (Monday October 24th 2022)... if it breaks a test at the 380 resistance level will not be a surprise at all... as the market goes into full blown earnings season ...

stocktradecoach0396

The S&P SPY breached the key 380 support level on FED news .... it seems the sell off accelerated... as at the close on Friday Sept 30th 2022 the market closed below key support at the 360 level... we will be watching Monday October 3rd to see if 360 is breached as well. If so then the 340, 330, 320 band of support is in play.

stocktradecoach0396

Looking at the last twelve months and putting into perspective ....levels seem to pop out now ... The FED pulls the lever ... that being interest rates .... proves to the world that they are in control ... Lets see if that key 380 support level on the S&P SPYwill in fact hold .... My feeling is that the rate hike discussion today may have an effect on the...

stocktradecoach0396

As we go into the last long week end before school starts.... low volume and high volatility is usually the rule .... Testing intraday SPY support at 390 .... expecting it to hold .... if it breaches next week expecting to re test the 380 level ...

stocktradecoach0396 Updated 

SPY res level at 429 held .... now watching first level support at the SMA30 line ... 410 to 407 band ... lots of volatility is typical in the summer when there is not a lot of VOLUME in play due to summer vacations ... Expecting lots of action when the kids are back in school and everybody is back to work ....

stocktradecoach0396

S&P SPY broke through key resistance level 417 .... key resistance level 429 now in play ....

stocktradecoach0396 Updated 

Support band 360 to 380 has held ... watching for a consolidation channel to form... 360 at the low end and 417 at the top end. Thinking now that the market will be testing the 417 top side of it soon.

stocktradecoach0396

Testing S&P SPY support band 360 to 380 .... now Main stream has recognized BEAR .... lets look for signs of key support