50 BPS cut is just ridiculous, we are facing dark times. Are you sure it is a bull market now? Old man Warren already answered this. Stay tuned.
Expired SPY Weekly outlook. 3rd WK SEP 2024 > BULLISH 📈 HIT Prior Week Closed Price: 561.96 This Week Target Price: 564 Strike Price: 565.97 on SEP 17, 2024 Upper Range: 587 Lower Range: 541
We’ve got an interesting setup here! Price just closed in a 4-hour supply zone, but I’m not jumping in yet. No solid buy signal has popped up, which makes me think we could see another dip. There’s a gap lurking below that still needs filling, and I have a feeling we might head down to take care of that first. What I'm Watching: This week, my eyes are on the...
Welcome to Spy weekly. I have clearly explained the levels and also explained why I will be observing price action this week. If you have any doubts, then feel free to DM me
From what we can see it appears that we are just at the beginning of a bear move here and that might be quite an aggressive move. pay attention to the $550 level here and if we stay at that or below it, we should a steep curve to the bears in the next few days here.
AMEX:SPY The SPY has been trading in a well-defined range over the past few sessions, bouncing between support and resistance levels like a pinball. Right now, we’re seeing a key moment where SPY is testing the lower boundary of its trading range. Current Setup: Resistance Zone: The upper boundary around 5,641 has consistently acted as a ceiling for SPY. Every...
SPY weekly is here. I have clearly discussed the levels for entry & Sl. If you have any doubts then feel free to leave a message. NOTE: DO NOT TRADE WITHOUT SL
Previously in the Opening Range Breakout (ORB) and the Volume Weighted Average Price (VWAP). In Part 1, we dove into the basics and all the important aspects of the ORB, but now let's explore why these strategies often lead to high win rates. The Psychology Behind ORB The ORB is powerful because it captures the market's initial reaction to overnight news and...
Double Trouble is the name of the game here, and it’s no joke. As you can see SPY just dipped below a critical support level, and things could get tricky if buyers don’t step in soon. What’s Happening? SPY has been bouncing around within a tight range for the past few days, but today’s action saw it break below the 554.93 support level (highlighted by the yellow...
This is the price action for NVDA & it should do $155+ but honestly, I don't trade news so I am least worried about today. Follow the analysis & if you have any doubts feel free to txt me. I have discussed all the important levels NOTE:DO NOT TRADE OPTIONS TODAY
Nifty surged nearly 300 points last week, closing at 24,823. It reached a high of 24,867 and a low of 24,522. As predicted, Nifty remained within its 25,200-23,900 range. For the coming week, I anticipate a Nifty range of 25,500 to 24,200. Breaking these levels could trigger significant market movements. If Nifty closes above the strong resistance of 24,860 this...
Spy weekly is here. I have clearly discussed the important levels. I have discussed what my expectation is with the current price action. If you have any doubts, feel free to leave a comment
Expired SPY Weekly outlook. 3rd WK AUG 2024 > BULLISH 📈 CORRECT Prior Week Closed Price: 554.31 This Week Target Price: 559.79 Strike Price: 562.72 on AUG 22, 2024 Upper Range: 569.59 Lower Range: 549.99
If you haven`t bought the previous correction: Now historically, the SPY S&P500 ETF has demonstrated a consistent pattern where a Relative Strength Index (RSI) at or below 30 triggers buying activity. This technical indicator, typically viewed as signaling an oversold condition, has reliably attracted investors looking to capitalize on perceived...
The iShares TIP Bond ETF serves as an inflation-protected investment by adjusting its principal based on the Consumer Price Index (CPI). This makes it a valuable tool for macroeconomic analysis, as it provides insight into how inflation expectations are being priced into the market which gives early reversal signs when observing the MS on the weekly chart. As...
Hello everyone & welcome to SPY weekly. I have clearly discussed the price action &trades & aggressive -conservative levels. If you have any doubts feel free to DM me or leave a comment. NOTE:DO NOT SHORT
SPY short into the 540-543 zone on the first touch would most likely pay.
Technical Confluences: - Recent Elliott wave count shows that we are now in a Wave 4 retracement - Price action seemed to have topped out at the 50% Fibo Extension for now (Ending Wave 3) - Price action may test the Supply Zone again before retracing downwards towards the Horizontal Trendline and the 38% or 50% Retracement Fibo Fundamental Confluences: - US...