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Spy500

SPY 422.60 + 0.91 % SHORT IDEA * REVERSAL PATTERNS & PRICEHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE S & P 500 INDEX. That has been trading in a rising wedge looking for a shift in momentum of the index should we push down with the bears to see a break below of structure looking for sells on the index a break above of the support level signals continuation and cancels the trading idea. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
AMEX:SPYShort
by PULEMokhothu
2
S&P 500 - Elliott Wave Analysis - CorrectionHi All, What a strong close today for SPY. It certainly took Bears on surprise, the bigger surprise was Nasdaq strong pull back to green as there's a lot of FUD around inflation, which is true but FAANG stocks are too cheap to be ignore for long. Again, correction can be very tricky, I'll not assume or jump into any conclusion, we're still sitting in correction, and there're various ways Eliott's Correction can take place in ABC pattern, so place your bets accordingly. Good luck.
SP:SPX
by ActorBay
3
SPY IMPORTANT LEVELSThe whole week spy has been pretty choppy but managed to stay above the critical 416.32 support. If bulls manage to keep it above that level, we may get to see SPY fill that gap to the upside. The critical level SPY needs to pass is 420. If it doesn't I suspect we will see this choppy market continue and spy will likely trade between 416.32 and 420 until it breaks to the upside or downside. We saw good earnings by companies only to sell off (AMD, AAPL, AMZN for example). I think we will likely see more selling on good earnings and remain choppy until earnings season is over. Just some quick thoughts.
AMEX:SPY
by AfuOptions
SPY: 3,2,1 Blast OffBuyers have yet again taken price above a low volume buy bar. Price went above the low volume bar of April 13th and those three following bars were "normal" volume days which is a strong indication that the buying is strong and we are definitely headed higher. There might be a small correction but it is highly probable we are going to continue to put in new highs on the S&P. According to the daily chart as it is right now, 4,300 on the S&P is a reasonable price target.
AMEX:SPYLong
by Steven7960
4
$SPY 432-451 then...76% Rise In Stocks Since The March Low Is The 3rd Largest Jump In 100 Years...What Happens Next... JPMorgan Sells $13 Billion of Bonds in Largest Bank Deal Ever (Bloomberg) -- JPMorgan Chase & Co. sold $13 billion of bonds Thursday, the largest deal ever by a bank, taking advantage of some of the cheapest borrowing costs in years to boost its capital after the Federal Reserve let pandemic relief measures lapse. The deal, which followed the bank’s best quarter ever, hit the market as corporate borrowers continue to see heavy demand for debt that provides a decent premium over Treasuries. Order books grew to about $26 billion, allowing JPMorgan to trim the interest on the debt from the relatively high spreads it initially offered, according to a person with knowledge of the matter. The jumbo offering may have been related to recent changes in regulatory relief for banks, according to Bloomberg Intelligence analyst Arnold Kakuda. Treasuries liquidity disappeared in March 2020. In response, the Fed told banks they didn’t have to factor in Treasuries or deposits when calculating their supplementary leverage ratios, which tells them how much capital to set aside to back up their holdings. That exemption went away two weeks ago. Banks were left in the position of needing to sell Treasuries or add capital, and JPMorgan’s sale of unsecured debt will help it meet total loss-absorbing capacity, or TLAC, requirements, and put the ratio back in balance, Kakuda said. The bank signaled Wednesday that it would do something. “We have levers to manage SLR and we will,” Chief Financial Officer Jennifer Piepszak told analysts on a quarterly earnings call. The company declined to comment further on Thursday. Including today’s sale, JPMorgan has raised $22 billion in the U.S. dollar investment-grade bond market this year, more than any other major U.S. bank, according to data compiled by Bloomberg. “Banks are always going to be hefty issuers, which lends a certain opportunism to tapping the markets especially when funding is still so cheap,” said Jesse Rosenthal, a senior analyst at CreditSights. The longest portion of the five-part offering, a 31-year security, will yield 107 basis points above Treasuries, according to the person, who asked not to be identified discussing a private transaction. The sale follows strong first-quarter earnings, including a 15% increase in fixed-income, currency and commodity trading revenue and a $5.2 billion release from its credit reserves. Rival Goldman Sachs Group Inc. also sold bonds Thursday. The previous largest bond sale by a bank also came from JPMorgan, a $10 billion offering in April 2020, the Bloomberg-compiled data show. JPMorgan is the sole bookrunner of the sale, and the proceeds are marked for general corporate purposes.
AMEX:SPY
by BADQOMOCAWGOWLD
s&p500 us500 spi500 potential top targetss&p500 spy us500 spi500 potential top targets this is how u tell if u got ur fib ext correct is when the market responds to it at every fib lvl. like here. so 4300 is key if we break this then 4600-4900 possible us500: how to use this tip? mid may would be a nice time to sell shares for profit. cant get greedy. profit is profit. THIS IS NOT A SHORT SIGNAL! just a top target signal for take profit. i only ever buy during a crash or recession, dont ever short the index or stocks!
OANDA:SPX500USDShort
by Loii
QQQ poised to outperform SPY?This chart is the ratio between QQQ and SPY. When the ratio increases, it means QQQ is outperforming SPY. Just recently the ratio broke out of a symmetrical triangle, and now we may be entering into an ascending channel (purple lines). If we can manage to stay within the ascending channel, then it's safe to assume that QQQ could outperform SPY by 5 percentage points in the short term. E.g. if SPY returns 10% in a month, then QQQ returns 15% - a difference of 5 percentage points. If we break out from the ascending channel and move higher, then QQQ could really outperform SPY.
NASDAQ:QQQ
by Huntz
1