AMEX:SPY May 16, 2024 15 Minutes. AMEX:SPY opened gap up. Since long was confirmed as the rectangle was broken out the previous day, i waited for a good close of bar. I bought around 527. I had earlier marked the extension for the range 515 to 522.66 to 519.74. This gave a 1.618 target as 532. For the day, since I always believed gaps are strong if not...
SPY - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell SPY Entry Level - 520.83 Sl - 525.68 Tp - 511.78 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
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...
SPY looks primed to breakthrough resistance and new ATH Price needs to break the the resistance to get on its way to new ATH. We believe it will smash through the resistance. Momentum looks bullish, RSIs trending upwards Are you buying?
My play on words... lol. I'm thinking with NVDA earnings next week we could go even higher. The last time SPY flew extra high was on NVDA earnings last quarter. Back to the chart, staying above the mid point of the channel is key. This weekly parallel channel provides the levels for the daily too.
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...
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!
✅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!✅
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.
Elliot Wave finished forming the A of ABC correction just on the fourth wave of giant minor E.W. D1 t.f.. Two sets of abcde waves finished and builded a complete smaller abc correction, giving open doors for a bullish momentum. Trend still can continue until 300% of E.W. fibonacci. fibonacci is between the 0 and 2 of E.W., starting from 50% instead of 0. It...
RSI divergence, fading volume on rising price, leave us….untrusting….neutral is our position.
✅SPY broke the key Horizontal level of 524$ Which reinforces our Bullish bias and I think That we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Last week I just did a longer timeframe update. I am going to continue with the larger timeframe as the focus but will also give the shorter timeframe levels for next week. You can see we've just chilled below the 3 month threshold for far too long. It's 504 on the horizon, that's for sure. We will likely snag a bit lower, because I didn't realize there was...
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
Bull Trap: Stocks Fall Back on Concern Interest Rates to Stay Higher for Longer A bull trap occurs when a stock shows a false signal of reversal during a downtrend, luring investors into thinking the price will continue to rise, only for it to resume its decline. Recently, many investors have experienced bull traps, driven by the ongoing concern that interest...
AMEX:SPY May 17, 2024 15 Minutes. AMEX:SPY managed to trade between 521*532 and 527-528 yesterday. The current uptrend is stalled and getting ready for the next up move towards 534-535 provide it holds 525 levels. For the day holding 527.5 uptrend is intact. At the moment AMEX:SPY below 9,21 and 50 moving averages in 15 minutes. Hence possible target is...
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...