S&P500 - The 2025 Bullrun Just Started!S&P500 ( TVC:SPX ) will rally massively during 2025:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years, the S&P500 has perfectly been respecting the trendlines of a rising channel formation. After the recent rally of +70%, it is quite likely that - following the 2020 cycle - we will see another final rally of about +20% before the S&P500 will correct itself.
Levels to watch: $7.000
Keep your long term vision,
Philip (BasicTrading)
Spy500
MyMI After-Hours Update: S&P 500 Potential Pullback?As the White House proposes 25% Tariffs on Steel and Aluminum imported to the US, and with the current resistance we're seeing around the $6069 Price Level, we're now looking for a potential pullback as more import duties are to be included along with Steel and Aluminum come Tuesday / Wednesday of this week.
If we do see a pullback, we're looking to see if it break support on the 50% Retracement and even further below are the $6021 Price Levels, but even more so, the $5960s.
Going to be an interesting one to watch! Stay connected by registering your FREE account on our website to access even more resources and tools to improve managing your financials and investments.
LINK IN BIO!
This is a no Brainer for you noobs - check itWhat up? how is everyone doing the almost end of January w a new Admin?
one things i do wish is that Robinhood will collab with @TradingView does anyone have info on this? Why are the holding back?
follow along...
i swing only SPY 500 options- 7 years in training, a year before the covid 19.
i buy calls or buy puts overnight, easy-
up or down?
1. The week, before this weeks volume was pretty decent I must say.- this held us up.
2. I do like continuation patterns.
3. $ 605.00 is in the cards for next week of 1/27 - 1/31
4. With the month closing on Friday the 31, we may even see a low touching that $ 600.00
5. Therefore we are looking for bounces on either side.
6. I kind of like $ 600.00 to confirm there are buyers on that area of support. For our continuation of an upmarket trend.
7. Although volume and candlestick are key to watch around 605. ⛳️
do we get a birdie or a par this week? --
-
leave a comment or evaluation below.
S&P500 - Preparing For The Final Bullrun!S&P500 ( TVC:SPX ) is still heading higher:
Click chart above to see the detailed analysis👆🏻
Although the S&P500 has been creating new all time highs for the past couple of months, charts are clearly telling us that this bullrun is not over yet. We already saw two textbook cycles of +90% each and during 2025, we will see the completion of the third and final bullrun.
Levels to watch: $7.000
Keep your long term vision,
Philip (BasicTrading)
SPY ROAD TO THE TOP 2025 I will post this as your road map to the final 5th wave from oct 13 2022 low to top of wave 5 of 3 in the super cycle . the likely date for the final 5th wave is now a window from 2/14 to 3/13 I will talk more about 3/13 soon I am not ready for the public to view this turn date . best of trades Wavetimer
SPY Gap Filled - Local Bottom - More SendTrading Fam,
I am not overlooking the small H&S pattern seen on this chart. I am simply presenting alternative data. What if that H&S pattern fails? It can happen. Even if we do drop further, our target down is that pink horizontal trendline. Will we get there before more buying ensues? Possibly. But this market is still bullish. The larger bull trend is still very much in tact.
Additionally, we can see that an important gap has been filled. Therefore, it is very possible that the small H&S pattern we see here will not reach its target down. If that is the case, we'll turn up again, continue through my Target #2 which was already hit, and proceed onward and upward to my final Target #3 (670-700) until that is reached sometime in 2025. Therefore, you are not wrong to start DCA'ing in at this point.
✌️ Stew
Pre-Market Update: SPY - 01092025 - $586-$586.50 Support RetestWatching the SPY going into Premarket, it lost support at the $588.62 Levels, so we're looking for that $586-586.50 to gauge if the Markets will lose steam and pullback even more (providing better buying opportunities on our other Trade Analysis). The question is always, "How far are really pulling back though?"
Today's Economic Calendar:
Event Type Date Time Description
Econoday event Jan 09, 2025 01:00 AM Industrial Production
Econoday event Jan 09, 2025 01:00 AM Merchandise Trade
Econoday event Jan 09, 2025 01:00 AM Industrial Production
Econoday event Jan 09, 2025 01:00 AM Merchandise Trade
Econoday event Jan 09, 2025 04:00 AM Retail Sales
Econoday event Jan 09, 2025 04:00 AM Retail Sales
Econoday event Jan 09, 2025 06:30 AM Challenger Job-Cut Report
Econoday event Jan 09, 2025 06:30 AM ECB Minutes
Econoday event Jan 09, 2025 06:30 AM Challenger Job-Cut Report
Econoday event Jan 09, 2025 06:30 AM ECB Minutes
Econoday event Jan 09, 2025 07:30 AM Jobless Claims
Econoday event Jan 09, 2025 07:30 AM Jobless Claims
Econoday event Jan 09, 2025 09:00 AM Wholesale Inventories (Preliminary)
Econoday event Jan 09, 2025 09:00 AM Wholesale Inventories (Preliminary)
Econoday event Jan 09, 2025 10:00 AM 3-Month Bill Announcement
Econoday event Jan 09, 2025 10:00 AM 6-Month Bill Announcement
Econoday event Jan 09, 2025 10:00 AM 3-Month Bill Announcement
Econoday event Jan 09, 2025 10:00 AM 6-Month Bill Announcement
Econoday event Jan 09, 2025 10:30 AM 4-Week Bill Auction
Econoday event Jan 09, 2025 10:30 AM 4-Week Bill Auction
Econoday event Jan 09, 2025 03:30 PM Fed Balance Sheet
Econoday event Jan 09, 2025 03:30 PM Fed Balance Sheet
Econoday event Jan 09, 2025 05:30 PM Household Spending
Econoday event Jan 09, 2025 05:30 PM Household Spending
Econoday event Jan 09, 2025 11:00 PM Equity Settlements
Stay tuned by connecting with us below to discover more at @MyMI Wallet!
Market Open Update: ES Buy Zone Here? APEX Trade of the DayHere's our APEX Trade of the Day!
The ES provided us with a healthy pullback providing a re-buy zone around the $5975 - $5982. We can use this as an overall market gauge to see some pushes higher in our trades that we have shared!
If you have seen them yet, be sure to follow for more as we can analyze the Market and finding what's available as to get positions in as we move forward into 2025!
Connect with us to stay tuned for more at @MyMIWallet #MyMIWallet
SPY Triple Bottom, Rally time?!AMEX:SPY SP:SPX
I'd really like us to end the week above $580 in order to have this either Double or Triple bottom friends!
I could see a flash crash down to fill the price GAP at $574.81 as well.
Either way from what I'm seeing on the TVC:VIX , Economic numbers, and the charts I believe we are getting close to a bottom friends.
Consolidate down to only the best names until we receive that confirmation. They did a fake out today and another FED putting FUD into the market didn't help with the GDP projection.
Not financial advice.
Why I think the SPX500 upside is now capped to 6285 maxIn this video, I have covered century long Elliott Wave counts briefly to present a case on why we are close to completing the upside and soon will be rolling over to the downside. Only one leg on the upside seem pending and that should not extend beyond 6285.
Watch the video for details.
P.S. - There is some disturbance in audio during start so please bear with me.
S&P500 - The Most Important Channel Breakout!S&P500 ( TVC:SPX ) is retesting a crucial breakout area:
Click chart above to see the detailed analysis👆🏻
During 2024, the S&P500 rallied more than 25% after we already saw a very bullish year of 2023. However, momentum is always more likely to continue and since the S&P500 is currently retesting a major breakout level, this bullish momentum could lead to a final breakout.
Levels to watch: $6.000
Keep your long term vision,
Philip (BasicTrading)
Nightly $SPX / $SPY Predictions for 12.09.2024🔮
📅Tue Dec 10
All Day
OPEC Meetings
📅Wed Dec 11
⏰8:30am
Core CPI m/m
CPI m/m
CPI y/y
⏰10:30am
Crude Oil Inventories
📅Thu Dec 12
⏰8:30am
Core PPI m/m
PPI m/m
Unemployment Claims
#trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
$U fake out to breakout? In early November, Unity Software ( NYSE:U ) appeared poised for a breakout, but instead, it reversed course and sold off by the end of the trading session. The stock swiftly dropped from $23, breaking through the $18.50 support level and triggering stop-loss orders 🤦♂️. However, it quickly rebounded, surging past its early-November highs 😊. This type of price action often signals the potential for a strong upside move 🚀.