SPY (S&P500 ETF) has been in an uptrend since 2023 and is approaching its all-time-high price resistance again. $523.07 is the current all-time-high price resistance. $497.83 is the current support level price, and also the 0.236 fibonacci level. Bullish Scenario: If SPY price breaks out above $523.07, the next resistance price targets could be: $537, $550,...
This is SPY Weekly. I have clearly explained the levels. If you have any doubts make sure to DM me. NOTE:GO LONG ONLY WITH DEFINED SLs
For those who have been here since 2022 early 2023 when there was so much fear in the market and we called the market had bottomed. I think it was the right call, even though we had a lot of naysayers. Now I think we are nearing the end of this rally which I estimate will be sometime in February 2024. I have two outcomes the green line below which I highly favor...
please dont take my opinion as financial advice i'm just a 17 year old with some speculations. with that being said let me explain myself. With the fed pausing still i believe we will keep rallying till we see our first cut once we get that first cut it'll be the market top. The fed has been sitting on their hands for way too long and with inflation sneaking...
Expired SPY Weekly outlook. 3rd WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 520.84 Target Price: 524 | Strike Price: 528 MAY15 24' Upper Range: 532 Lower Range: 516
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.
Expired SPY Weekly outlook. 2nd WK MAY 2024 > NEUTRAL 📊 CORRECT Closed Price: 511.29 Target Price: 512.94 | Strike Price: 518.48 MAY7 24' Upper Range: 518.96 Lower Range: 506.92
Welcome to SPY weekly and I have clearly explained which levels to trade & what direction market can take. If you have any questions feel free to DM NOTE: AVOID TRADING SPY
Expired SPY Weekly outlook. 1st WK MAY 2024 > NEUTRAL 📊 CORRECT Closed Price: 508.26 Target Price: 509.87 | Strike Price: 510 APR29 24' Upper Range: 518.30 Lower Range: 501.43
Welcome to spy weekly. I have discussed the price action in the best logical way possible. If you have any doubts, feel g=free to shoot a message. NOTE:FOCUS ON PRICE ACTION
The gap zone from the Island Pattern earlier this year seems interesting because 510-505 are less thoroughly traded so far this year and will likely be the area we return to when this pullback is done. Bearish price action is all but confirmed, but can we expect an elevator down first thing on Monday?
I'm not a fundamental type of guy, I just look at what the chart give me, and as far as I see it from a Technical analyst perspective, this is nothing more but a simple ABC corrective wave from the super extended bull run we had previously. (Thus put the market in a bear market) We could either come back up to the 420 area to clear the shorts which would complete...
Looking at the 1M on the AMEX:SPY , it's leading me to think if we close below last months low, we should be confirming regular bearish divergence, giving us a target of at least to the 21e . Please see chart for reference of current target. fastlanewinners.com
This is my live analysis for SPY . If you have doubts feel free to leave your comment.
Active SPY Weekly outlook. 2nd WK APR 2024 (FREE SAMPLE) > BULLISH 📈 Closed Price: 518.43 Target Price: 523.07 Upper Range: 542.41 Lower Range: 503.73
Welcome to SPY weekly. I have clearly discussed the levels where we can trade and what is my expectation. If you have any doubts feel free to DM me . NOTE:DO NOT SHORT THE MARKET
Expired SPY Weekly outlook. 4th WK MAR 2024 > BULLISH 📈 CORRECT Closed Price: 521.21 Target Price: 523 | Strike Price: 245.58 MAR28 24' Upper Range: 543 Lower Range: 504
This is the continuation of SPY weekly. Hope you will have a better understanding of market after this analysis. NOTE: DO NOT SHORT THE MARKET