Welcome to Spy weekly. I have discussed the levels and my expectation of the market. If you have any doubts feel free to msg me.
Hey everyone, Going into next week, it seems like we my start with selling first. Going into Monday probability is particularly bearish. Based on the assessment of the week it actually seems like we can expect dramatic moves in both directions, so if we head down first, I would expect the CPI catalyst to move us back up. Vice versa if we start bullish. Though,...
AMEX:SPY May 13, 2024 15 Minutes. Had a gap up on Friday. I sold into strength. I had a view of 522 levels with bias down as oscillator divergence. We can see the divergence more prominent now. Also, if you see in daily the rise is steep and 9 averages is around 512 and 21 around 508 levels. And in one hour chart we have the 522.63 bar having close near low...
SPY quickly broke out of its downtrend and even broke out above a bear flag that had been forming. We had a low volume week last week, but SPY closed strong, pushing all the way back up to $520. It's wild to look at where SPY is now considering what the market was like just a few weeks ago. Bears get squeezed once again. I have a lot of suspicions about this...
i have posted recently was a little sloppy hopefully you take these dates into actiopn spread the word with your love ones we will take out 2020 lows similar to 07 crash look at my public profile for a better understanding
A wave E low is now in place I am LONG OIL in the money calls
SPY has been breaking all resistance levels since bottoming in April. VX continues to decay. We're not getting much volume and things are volatile, but if SPY is able to break out of yesterday's high and hold a retest, it could see a rally back to $520.
see chart of UVXY, which tracks VIX. we're at an important FIB level and long-term trendline. I'm long as of now.
✅SPY surged again to retest the resistance of 524.57$ But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
New Thread we have a really big week with Jerome Powell Rate decision this week Wednesday! This is going to move the markets and determine our future outcome for sure Tuesday April 30th levels for SPY Bulls 515 and chances are this becomes your territory to go long possible outcome Bull Market Resumed Bears its a short anything under 511 Bears once 500 is...
My dear followers, I analysed this chart on SPY and concluded the following: The market is trading on 520.83 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 512.34 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
With the Bitcoin ETF's becoming a reality, there are many new crypto related assets such as BITX provide you exposure to 2x leverage to Bitcoin. This provides traders with opportunities to scale their position, without the risk of liquidation. Ive been waiting for the market to retrace, and perhaps this drop on BTC touching GETTEX:59K , with big news ahead for...
will chop monday open higher on mday close low open low close not high but wen will open higher and crash @ 8;30 or 11:48
Hello,Traders! SPY is going up now But a horizontal resistance Around 524$ is ahead So after the retest we will Be expecting a local Bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The correction??? In my opinion and chart theory suggest its time to go long and find the proper to stocks to be in Subscribe for update stock pick and the best sectors to be in so your not left behind!! as for todays daily chart set up I suggest calls at least a week out as chart indicates Goodluck traders like and subscribe as for members that listened and got...
Were back at the top in this distribution phase if you miss this top there will be one more, but were only gunna maybe see one more pump before a big bear market.
... for a 30.31 debit. Comments: Decent 30-day IV at 34.0%, but I'm primarily looking to position myself to grab the June dividend. IV is skewed to the put side in this underlying, so the general go-to would be short put, but to grab the dividend, you have to be in stock. Because I want the extrinsic in the short call to exceed any dividend, I'm basically...
I was wrong in my idea last night that we were following a bat harmonic pattern in bear country. While I still see a pull back imminent, I note what I realize this morning, that this is not matching ANY harmonic pattern (AB and BC aren't aligning to the required .38 or .88 ratio)