So, as I stated before, when spy was around 429, I said resistance is at 438 and low and behold not only did it hit 438 it actually went to 439 and that’s when I began to short the market. Remember be early to the party do not be the last person there Clearly what happened yesterday was not because of the fear speaking it was just something that was bound to...
Please don't get caught in the storm. scroll down to my previous postings about witching data. on the 13th we have FOMC data releasing as they have been inclined to pause interest rate hikes. however CPI data is released at 830 pre market. the crazy thing is over the past 3 CPI data releases Spy barely moved I remember almost all of last year when CPI released it...
So last night we witnessed NVDA we saw NVDA come up from a BULLISH GRAVE. I mean GEEEEEEEZ LA WEEEZ. This is the same bounce that the market seen from META, AMAZON and APPLE . The market was in a slump and then boom tech came into save the day. So as you can see on the 30 mins and hourly channel. We are indeed oversold and this along side with the QQQ being...
Look at my recent post on 19 APR 23. I was explaining to you about the double top that was created. and now look at what we have here a hit all the way to 403. all the way from 414. Now look at the death cross on the 30 min chart. A hit is coming MAY 1st . On your calendar they call is MAY DAY . isn't it Obvious. SHORT SHORT SHORT
If you go back to the 30th of November to the week of witching in December 2022; specifically the 13th of DEC you can see how it came to a double top and then shot down from there. Also the 50 EMA was above the 200 EMA as well. The same situation that we are currently in . Please pay attention because a move is getting ready to happen right before our eyes and...
It's been a great show spy . Every time it hit 411 it just suddenly sells! But why? Because you have to study and realize that there are points of support and points of RESISTANCE. If price hits resistance more than once and fails to blow throw you should know what happens next. If you CANT tell me the future all you have to do with most charts is replay the past...
alright lets talk about witching which is my favorite time to trade out of all the times of the market. Why? well isnt it obvious... It's proven that every 3rd month on its 3rd Friday contracts expire worthless. so what does this mean for traders and how can any one profit from this. It's Simple wait until SPY Peaks usually about 3 weeks before witching . my...
MMMMM so I was discussing to my members back on the 15th of NOV that if we reach 408 this would be an area where Id start to short. However many charts have gone from bearish to bullish over night. Not to mention the inverted hammer I caught on Netflix yesterday that signaled its bullish move. But geeeeeze was Powell the man yesterday of what? But it's one...
TOOOO EASYYYY contracts went from $90 to $3.35 Please follow the trend it will be your friend
Ill start being more straight to the point. In my previous post I stated that the 370 level was a pivotal one. and you have seen for yourself time after time that it has been rejecting it all week. IDK why trading view is hiding my last post. Ive seen many profiles on here that should be deleted. hopefully this was the last time. Now today is Thursday and we...
Looks like the market needs to bounce up and fill some gaps before coming back down. not even going to lie to you . I just looked at some charts and it shows we recovered from 2002 to 2008 and then crashed like hell. Now its 2022 and then what do you expect is going to happen next? Obviously its a pattern . Even though this is the highest the SPY has ever been...
Now first things first for spy I have calls above 386.19 and I have puts below 384.77 Next do not let these meetings fool you they already did there buying and selling . You they are cracking down on Nancy for that market manipulation trading with her and her husband but tbh they don't care nor with they throw them in jail. That's what these folks do manipulation...
Hey wasup, SPY SPY happy MONDAY TRADERS I hope you all had a great weekend. Unfortunately Bitcoin didn't lmao. Its really funny what they did on Friday 30 mins before closing . If the dollar stays around $109.70 or above $110.00 you can kiss all of that pump goodbye and see you again at 383 -385. luckily for me I placed puts right. before close on Friday . Stuff...
Hey to you all. Ive been trading spy for some years now and I figured, I would like to give this a shot and get the chance to make some new friends and talk about the stock market. Lets Make some money. So for starters we see spy already gapping down early this morning for 1 reason only. have you seen the news lately ? But I will be honest the news tricks you....