As for S&P500 the index retested 4586.00 zone which presented some buying, as far as the long term trend for S&P 500 is bullish I will remain so and look to find buying opportunites only if the index trade above level 4588.00, but if the index break the level 4588.00 I will remain bullish but for me to take the trade I will want the index to trade above 4588.0 ...
Expired SPY Weekly outlook. 1st WK DEC 2023 > NEUTRAL 📊 CORRECT Closed Price: 459.10 Target Price: 460 | Strike Price: 460.55 DEC8 Upper Range: 466 Lower Range: 454
Active SPY Monthly DEC 2023 outlook. > BULLISH 📈 Closing Price: 454.62 Target Price: 463 High Range: 479 Low Range: 448 #MonthlyDEC2023 #spy #putiq AMEX:SPY
Expired SPY Weekly outlook. 5th WK NOV 2023 > BULLISH 📈 CORRECT Closed Price: 455.30 Target Price: 457 | Strike Price: 458.27 NOV29 Upper Range: 464 Lower Range: 451
We are currently in a downtrend towards the ~$454.81 OB. If we fail to get a bonce we will fill the previous $454.18 OB. If we get a bonce and breakthrough the previous downtrend we shall see a retest of $456 OB.
Exited my bottom snipe 450 calls. 900% in 2-3 weeks. Not bad. Had to take profit. Following the same plan as outlined in this chart. Waiting for pull back here or close to here. Then calls again.
Expired SPY Weekly outlook. 3rd WK NOV 2023 > BULLISH 📈 CORRECT Closed Price: 440.61 Target Price: 444.22 | Strike Price: 449.17 NOV14 Upper Range: 452.51 Lower Range: 435.92
TOP PICKS & Tier 1. New Weekly Market Forecasts for 3WK NOV. 2023 are published. Active SPY Weekly outlook. 3rd WK NOV 2023 > BULLISH 📈 Closed Price: 440.61 Target Price: 444.22 Upper Range: 452.51 Lower Range: 435.92
Expired SPY Weekly outlook. 2nd WK NOV 2023 > BULLISH 📈 CORRECT Closed Price: 434.69 Target Price: 438.91 | Relative Strike Price: 438.47 NOV9 Upper Range: 457.23 Lower Range: 420.59
The S&P 500 been gradually breaking downwards since peaking in July. AMEX:SPY has reached the bottom of this red parallel channel last week. This is a key support level that has been providing strong support, and I think SPY bulls need to defend this price level this week. The RSI is oversold so the conditions are good for a rebound here.
As I've mentioned in my previous analysis, I believe we're at a market top (Despite Tom Lee calling for new highs). There's nothing positive for markets looking forward, therefore I think markets will finally price in all of the raise hikes and the poor economy. I think we may see one more high, however, if we do, I believe it'll result in a rug pull. I think...
SPY weekly is here. Be careful when you are trading SPY. All levels have been discussed here. NOTE: DO NOT TRADE OPTIONS IN SPY
Expired SPY Weekly outlook. 3rd WK OCT 2023 > NEUTRAL 📊 CORRECT Closed Price: 431.50 Target Price: 432.06 | Strike Price: 436.82 OCT16 Upper Range: 448.80 Lower Range: 415.31
This is my live analysis for SPY. Don't rush or push yourself into trades as market will hurt you mentally. NOTE:WAIT FOR THE LEVELS DISCUSSED
Looking for the SPY bull flag to gap fill this week.
Expired SPY Weekly outlook. 2nd WK OCT 2023 > NEUTRAL 📊 CORRECT Closed Price: 429.54 Target Price: 428.42 | Strike Price: 427.36 OCT9 Upper Range: 445.03 Lower Range: 411.81
SPY Weekly outlook. 2nd WK OCT 2023 > NEUTRAL 📊 Closed Price: 429.54 Target Price: 428.42 Upper Range: 445.03 Lower Range: 411.81
Expired SPY Weekly outlook. 1st WK OCT 2023 > NEUTRAL 📊 CORRECT Closed Price: 427.48 Target Price: 426.13 | Strike Price: 420.48 OCT3 Upper Range: 442.65 Lower Range: 409.61