Get started

SPDR S&P 500 ETF (SPY)

Perhaps a 'Santa Rally' is just one step away to begin in 2024Stock markets often enjoy a seasonal share boost during the festive period. It's been two unpredictable year for stock markets after gloomy 2022 but all we are, traders, investors, TradingViewers are hoping for a successful end-of-year boost in the form of a so-called Santa rally. Shares have much wide, breather and better performance so far in 2024, amid trade and geopolitical tensions, high inflation and high interest rate. So... while children are compiling their Christmas lists, traders also want some sweet candies. Traditionally, festive cheer and holiday household spending make the markets more optimistic during the holiday season, boosting investor portfolios. But will 2024 follow the trend? The "Santa rally", a term coined in 1972 by Yale Hirsch, the founder of the Stock Trader’s Almanac, "describes a tendency for the stock market to go up by 1% to 2%" over final five trading days of the outgoing year and the first two of the new one, said Forbes Advisor . This period has "historically" shown higher stock prices in the S&P 500 SP:SPX 79.2% of the time, says Investopedia . What drives the Santa rally? Reasons for the Santa rally are vary and one explanation is the cheery "end of year mood" that means investors are in more of a "buying temperament" rather than selling shares, which pushes up stock prices Will there be a Santa rally this year? Probably, Yes. September quarter capped off the best 12-months return (+36.36%) for S&P500 Index since the pandemic stock market recovery in 2020, so there are a lot of hopes that stars will align, and momentum in the markets, helped by declining U.S. interest rate, will push prices higher in the run-up to Christmas. Sure, there is "no guarantee", though. Sometimes it happens. Sometimes it is not. The odds of a Santa rally may be in your favor, but the "best option" (author's opinion) is to do nothing, remain invested and be "pleasantly surprised" by another strong month by the new year. The main technical graph for S&P500 Index says that we right now.. already somewhere above to 6'000 points for SPX Index, and just one step to break it out to reach the next one half-a-mile, i.e. 6'500 points by the end of the year. Just follow the major upside trend, that's been taken earlier this summer. And that is all. Merry Christmas y'all, TradingViewers! See you in a Happy New 2025 Year! 💖💖
FOREXCOM:SPX500
by PandorraResearch
3
SPY On The Rise! BUY! My dear subscribers, My technical analysis for SPY is below: The price is coiling around a solid key level - 590.89 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 598.49 My Stop Loss - 586.83 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
AMEX:SPYLong
by AnabelSignals
1
$SPY correction incoming? Back below $550AMEX:SPY is putting in a short term top here. All of the signs are there if you know what to look at. For example, NASDAQ:TLT up 2% today. AMEX:SPY sold off throughout the day. Crypto selling off. Volatility starting to react at the bottom of the range. Dollar continuing to rise. The chart also is failing at resistance. I could see one more attempt at a move higher, and if we fail at $602 or lower and fall back below $597, it'll be extremely bearish and the confidence in this move playing out strengthens. I think we'll see $527-531 over the next couple of weeks. Playing the move through CBOE:UVXY calls.
AMEX:SPYShort
by benjihyam
9
SPY Technical Analysis PredictionThis chart is a daily timeframe for SPY (S&P 500 ETF), displaying multiple indicators such as pivot points, dark pool levels, trendlines, moving averages, and volume. The current market structure suggests a potential trend transition phase, with price currently consolidating near critical support levels. Key Observations: 1. Trend Structure: The long-term uptrend is still intact, supported by the green ascending trendline originating from prior lows. The recent pullback breached the 8 EMA and 21 EMA, which implies short-term bearish momentum. However, price is consolidating near the S1 pivot level (579.18), suggesting possible support. Higher Highs (HH) were achieved earlier in the trend, but the failure to maintain levels near the R1 pivot (614.64) indicates resistance and profit-taking. 2. Support and Resistance: Resistance Zones: 600-604: A psychological resistance level and the approximate region of the 8 EMA. 609.07: The previous swing high and a critical level for a bullish continuation. R1 (614.64): A strong pivot resistance level. Support Zones: Immediate support at S1 (579.18), which aligns with current consolidation. Lower supports are seen at S2 (555.80), S3 (543.72), and the ascending green trendline (~524). Dark pool levels between 513.20 - 522.91 represent critical institutional zones, which may act as strong support. 3. Volume Profile: Significant volume spike on the most recent red candle indicates institutional activity. If price remains above key supports (S1, S2), this could suggest accumulation. A breakdown below S1 would imply further distribution and downside. 4. Dark Pool Levels: Dark pool prints at 522.91, 518.92, and 513.20 mark critical price levels for institutional interest. A break into these levels would indicate bearish momentum but could offer significant buying opportunities near those zones. Trade Setup: Scenario 1: Bullish Reversal from S1 (579.18) Trigger: A strong bounce off S1 with price reclaiming the 8 EMA (currently near 600) would confirm bullish momentum. Profit Targets: 595-600: The immediate resistance zone and EMA alignment. 609.07: The swing high from earlier in December. 614.64 (R1): A longer-term target at the pivot resistance. Stop-Loss: Below 575, as this invalidates the bullish setup. Scenario 2: Bearish Breakdown Below S1 (579.18) Trigger: A break below S1 with high volume and price failing to reclaim the 8 EMA would confirm bearish continuation. Profit Targets: 565.16: The prior swing low and intermediate support. 555.80 (S2): A strong pivot support level. 543.72 (S3): A deeper downside target. Stop-Loss: Above 595, as it would indicate a reversal back above resistance. Scenario 3: Long-Term Reversal Near Dark Pool Levels If price falls into the dark pool zones (522.91-513.20), this could offer significant long-term buying opportunities, especially near the ascending green trendline (~524). Final Thoughts: Short-Term Outlook: Consolidation near S1 requires close monitoring for either a bullish reversal or a bearish breakdown. Volume and price action at the EMAs and pivot levels will be crucial indicators. Long-Term Outlook: The green trendline and dark pool levels represent strong support zones, offering potential for accumulation if prices drop further.
AMEX:SPYLong
by thedarkpooltrader
SG10Y SG Govt Bond Yield UNCANNY heads up on US EquitiesHere is a rehash of the relationship between the Singapore 10Y Govt Bond Yields and US Equities ETF, SPY (Blue Line). Noted that when the SG10Y technically breaks out, the SPY technically breaks down, and vice versa. This is not 100% but happens an estimated 80% of the time, and recent occurences since September are marked out with bullish green or bearish red time lines, respective to SPY from the SG10Y leading indications. Just middle of this past week, the SG10Y spiked strongly and broke out, the next day saw the SPY tank significantly. In fact, the MACD for the SG10Y had already pre-warned of the breakout two days earlier! Given the current set up, as usual, I do my technical and charting projections. And in this case, it is clear that the Santa rally fizzled, year closign and next year opening should be weak until early February. Now, if this projection works as it should, then we would likely see a weak 2025 for the US equities... not only to take profit, but also offers opportunities to buy in at some point. (side note: as far back as 2020, 2025 was marked as the year of some resurgence of affliction from the neck upwards. It is a little sketchy, but it would very well be the surprise to tank the markets enough... watch for it)
TVC:SG10YShort
by Auguraltrader
Doubt Me If You Want, But My Strategy Speaks for Itself!NASDAQ:QQQ AMEX:SPY Do you see how my Williams CB is one of the best strategies out there for predicting markets short & long term moves? How coupled with my H5 trading strategy it gives me the best chances to beat these crazy markets. Two weeks ago we were at the top and called for a no more than 3% market pullback. I was wrong and right at the same time. We got a pullback but it wasn't what I anticipated but who anticipated the FED nuking the markets yesterday? Nobody but the FED. I show you this so you understand when we get to the barrier we don't know what it's going to be that pulls the market back or causes us to consolidate and peel off the red barrier. BUT, we need to understand where we are at and that running into the barrier is not the time to be adding to trades or exploring new ones. It's the time to take profits, consolidate, and maybe hedge a little. I'm not putting this out to be applauded or to act like I'm some type of Oracle. I simply want to show all my friends who have decided to stick it out with me the last few days when others chose to leave that you can entrust in my strategies and I will teach you everything I know so you can beat the markets on a consistent basis too!
NASDAQ:QQQLong
by RonnieV29
16
SPY/QQQ Plan Your Trade Update : Big Rally Closing Out 2024Over the course of the past 6+ months, I've been sharing research and content to try to help traders all over the world learn to profit by making better decisions. Some of the comments I've received have been very positive. But some of the comments I get are negative and some people have explained how they continue to lose money trading. In my mind, if you are gambling with your trading account - you will likely lose money. If you are actually trading (trying to book profits ASAP) and grow your account efficiently, you can make consistent money trading small amounts. In order to try to illustrate this example of trading, I created a $1000 trading account and limited myself to only trading $333 (MAX) per day. Here are the rules I set for myself... ------------------------------------------------- Trading Plan - Start with $1000 in capital - Break that capital into 1/3 Daily limits - Trade no more than 2-4 times a day - Try to target 1-2 short term-trades and 1-2 intermediate-term trades each day - Attempt to keep my losses limited (depending on market volatility) - If I lose more than $300, I will stop trading and reevaluate what I’m doing right/wrong The Daily Average Goal is 15-35% or more over a 30-day period of time. I will try to execute the trades early in the morning and share the trades with Ment.com members. I will attempt to pull the short-term trades off as early as possible (trying to lock in gains). I will attempt to let the intermediate-term trades run a bit longer (possibly more than 1-2 days) in an effort to catch bigger price swings. I will not attempt to chase market trends unless I see a very clear A-B-C type of price pattern. ------------------------------------------------- After just five days of trading, my account is up over $45% and I've never risked more than $250 - $300 per day trading Options. Anyone can do this - you just need the right tools and guidance. You can DOUBLE your $1000 trading account every 20 to 30 days if you are diligent, consistent, and really learn to trade (not Gamble). What is it going to take for you to learn how to trade efficiently? I'm trying to show you HOW to do it and HOW to learn the skills to improve your life. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
5
THIS IS A FAKE OUT IMO! BUY THE DIPNASDAQ:QQQ AMEX:SPY AMEX:IWM THIS IS A FAKE OUT! BUY THE DIP 👇 -Strong Economic Fundamentals -Hawkish FED spreading FUD -Same Government shutdown scares every year -2T+ in options (mostly call) expiring today -Gains being pressured to be sold for 24 taxes -Scare meme coin & gambler bro's out the markets -Incoming party is for business & the stock market -VIX spiked faster than Japanese trade crisis -Inflation still coming down -AI is still strong and a catalyst -Company earnings are still hefty -Global markets are curling up not down All of these reasons explain my point of this being a FAKE OUT. I will be buying this DIP because I see nothing CONCRETE! All I see is that the market maker and FED Chair Powell teamed up to be the GRINCH & SCROOGE this Holiday season. Not financial advice.
NASDAQ:QQQLong
by RonnieV29
6
SP500 - #SPX melt up targets for cup and handle pattern.BLUE SKIES Would you have believed it If you were told a year ago. When every expert was predicting a recession. (which will come of course but when no one is expecting it ) So the conditions are set for a melt up I believe #Bitcoin bottoms very shortly maybe this week or next (grab some bitcoin miners!) ENJOY THE NEXT few months! #CNBC will trumpeting SOFT LANDING Investors will believe interest rates are falling because of low #Inflation Which is when the next slowdown will hit. This cycle has been crazy and hard to follow the main trend. The stimulus was unprecedented Remember this cycle started in 2009... 15 years ago We are near the end! But first SPX to smash 5000 and than potentially we hit that 6000 number
CME_MINI:ES1!Long
by BallaJi
2
SPY/QQQ Plan Your Trade For 12-20 : GAP PotentialToday's pattern suggests the SPY/QQQ will present an opening price gap (in this case lower) and likely attempt to find support near these deep lows. I really want to point out how my Anomaly call, nearly 45+ days ago, really played out perfectly. It is so difficult for me to try to explain what I do with my research and analysis - but ultimately I simply call what I see based on the data. The last few days have prompted me to really push my efforts to continue to deliver superior research and analysis for my followers and subscribers. Ultimately, it is about helping people learn to become more profitable and learn to wait for the best trade setups. Gold & Silver are moving into a CRUSH pattern today. This could be a BIG MOVE for metals - and I believe the move will be to the upside. Don't get married to this move yet. The bottom is still setting up for metals. Bitcoin is collapsing through the EPP pattern. The ultimate low setup could still be a move below $90k, so be prepared for more downward trending throughout the end of 2024. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
4
SPX 2025 Strategic Outlook 7150 points Wave Five Bull Market🔸Time to update the SPX outlook, this is 2D price chart, we are currently entering overpriced zone and limited upside in SPX going forward next few weeks correction / pullback. 🔸SPX price structure since 2023 is defined by a five wave impulse wave 3 completed already and currently we are in wave 4 pullback/correction until 5415 points. expecting wave four pullback to complete in January 2025. 🔸Wave 1 is 3600 to 4625, wave two 4625 to 4125, wave three 4125 to 6100,wave 4 pullback/correction now is 6100 to 5416, final bullish wave five is expected to start from 5415 to 7150 points (30% bull run). Wave 5 expected to start in January 2025 and complete sometime in Q4 2025. A/B/C 40% correction will follow as the market will enter extremely overbought zone. 🔸Recommended strategy position traders: wait for the wave 4 correction to complete at/near 5415 points in January 2025 and then BUY/HOLD into wave 5 final target is 7150 points in Q4 2025. Obviously, this is a longer BUY/HOLD trade setup and patience is required with this trade. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
SP:SPXLong
by ProjectSyndicate
10
What I Expect Through The New Year Absent A Government Shutdown.Traders, minus a government shutdown, I do expect another altcoin pump. However, the possibility of a shutdown is throwing a big wrench into my thesis. We'll talk about how price action would look in both scenarios as well as discuss the new crypto cycle rotation. You should get to know this new rotation to remain most successful in your trading. As always, we'll start with the DXY, VIX, SPY, and NVDA and discuss future direction and what it means for our crypto space.
COINBASE:SOLUSD
by stewdamus
2
SPY/QQQ Plan Your Trade For 12-19 : Top PatternToday, we should expect the SPY/QQQ to move a bit higher - trying to form a short-term top before price rolls downward again. I urge traders to stay very cautious of early trending and look for a bigger opportunity later in the day as price rolls downward. Gold and Silver are struggling. I still believe Gold and Silver will rally higher as fear elevates. But right now - that is not happening. I need to see Gold and Silver move away from this panic selling before I can become move convinced of a trend. Stay cautious if you are trying to trade Gold and Silver right now. Bitcoin is moving through an EPP pattern very cleanly - actually a DUAL EPP pattern. $95-$99k should be the downside price target throughout this move. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny