Updated

SPY Short 3-8% Correction I Don't Think So Goo Long Bull Run

The correction??? In my opinion and chart theory suggest its time to go long and find the proper to stocks to be in
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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 in Baba ,3m, Pltr, & Tesla congratulations
I woke up this morning up 10k took profit!! not that many industries where u make 10k over the weekend

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pre market is 520.77
I'm looking to follow chart at open
continuing the bull run i want to see if we hit 525 today
Powell speech 50mins

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great range to get into
calls above 522.64
shorts below 519.77

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scalp range 521.24 above calls below short
goodluck

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follow the chart as always

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chart still active follow

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SPY RESPECTS MY CHART LOL

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Bulls 532 INCOMING POSSIBLE $539 NEXT WEKK

BEARS SHORT EVERYTHING UNDER $525.50ISH- AS LOW AS $519

SCENARIO I THINK WE TEST 532 or GO HIGHER BEFORE WE HAVE A SMALL 1-2% PULL BK

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target acquired

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Im bullish over the weekend with a price target of 532

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long on spy

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$532- $539
Price Target Next Week Lets GOOOOO

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What do you all think?

The U.S. Now Has:

1. Record $17.7 trillion in household debt

2. Record $12.4 trillion in mortgages

3. Record $1.6 trillion in auto loans

4. Near record $1.6 trillion in student loans

5. Near record $1.1 trillion in credit card debt

Total mortgage debt is more than double the 2006 peak and total credit card debt is up ~50% since 2020.

In Q1 2024 alone, ~9% of credit card balances and 8% of auto loans (annualized) transitioned into delinquency.

Higher rates are taking their toll on consumers with record high debt balances.

How much longer can consumers hold on?

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Sunday night Futures holding steady
After Hours $530.25 I think we open 532ish

LONG GUYS LETS GOOOOOOO

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BULLS

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Follow Chart

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follow chart

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slow move up 533 long for bulls!! Everything is waiting on Nvidia earnings

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I'm calling another ATH in the next 72HRS

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SPY ATH AFTERHOURS
531.90

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$$$$$ 533.27 AFTERHOURS

CALLED IT BOOM

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follow chart

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HEDGING
BOTH CALLS & SHORTS

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I have a target Price of 523-520 as low as 517 before heading to 539
hope you are all prepared for the move

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spy is up 527ish pre
its still a short to the downside

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FOLLOW THE CHART

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PRICE TARGETS BEFORE A REVERSAL TO THE UPSIDE
C IS FAVORED BEFORE HEADING HIGHER
D WOULD BE GREAT POSSIBLE
E IS POSSIBLE UNLIKELY STRAIGHT UP
A,B,C, WOULD BE THE MOST PROBABLE FOR A REVERSAL

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I WOULD SHORT TO B OR C
GOODLUCK

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AM I A PROPHET WHEN IT COMES TO THIS CHECK MY WORK LOL

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Spy is in a consolidation zone where i would go long 539

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hope you guys picked up calls at B zone
and I sold my Puts

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I don't believe we go lower c or d zones
$539 before any correction for spy
RUN BULLS

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we hit c zone
buy the dip

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gap fill to the upside
for day traders

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these are all accumulations zones for spy to goo long!!! We are approaching the close of the month this is fine price retracement!!!!

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Well if you have been following the chart properly and picked up as low as D zone you will be waking up to good returns Monday follow my chart we hit D zone wow
you Guys can Bk check as well on all my posts probably 1 of the most accurate trader on this platform!!!!!

JoeWtrades

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JoeWtrades

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