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Spy500

SPY - S&P500Just as feared, SPY did not break the resistance. Will need a bigger push to break that resistance. Back to 351 - 352 range tomorrow @EMA55. 1.2 billion was out from the market later in the afternoon today which made SPY go down. Since cases are rising and lock downs are initiating by some states, it is unlikely that onshore and offshore investors will invest, infact they will be taking their profits out given with all the uncertainty. Afterhours is red @8:05PM CST Please do your own Due Diligence!
AMEX:SPY
by mrrobobot
RSI and Trend line indicate a pull back imminently RSI is starting to fall after hitting overbought level and while vaccines signals a change in fundamental and returning back to normalcy will happen, SPY is actually 10% up year to year and has little upside to continue. As Covid cases rise and soft lock down happen across the country, the better play will be short the next 2 weeks or until SPY find supports possibly at 340 level. Full disclosure, I bought puts right at the end of today's closing bell when SPY reach 362.
AMEX:SPYShort
by xtoanvangx
2
Potential Market Top, Biggest Correction of a GenerationAfter looking at the macro conditions and the current Elliott Wave count, I believe these is a huge risk of downside coming. Cases for market top: • Elliott Wave count, with perfect ET triangle in Wave 4 marking the start of Wave 5 • 1.0 Wave 1 extension to project Wave 5 end • Market Euphoria, large participation by retail • Blow off tops in tech stocks and others • Some traditionals have already corrected 80-90%, others look to be flagging • US 2 year bond and US 10 year bond show we still have a long way to go to reach recovery • We're at zero interest rates and negative interests rates in many markets around the world - all late cycle behavior • Debt has only been increasing over the last few decades Where we go from here: • We could go higher and see a larger blow off top or reverse here from this current projection • We will be correcting price behavior over the greater part of the last century • A lot of the projections and studies look at the 2000, 2008, 2018 crash as distinct events. In fact, these crashes are linked. The correction we're seeing is not just correcting the last 10 years of a bull market, but everything since 1930s. The duration may take more than 36 months
TVC:SPXShort
by targetsir
5
$DG- I love this long, but is now the right time?$DG has generated alot of cash for me and for options contract buyers its a great long exp buy. Obviously Equity buyers included in this. Right now we are sitting at a major resistance , and if we break my first PT would be $225.35. After that we are working through ATMs but thats how stocks work at ATM. you never know. One thing to watch is $SPY . $DG moves along side $SPY and if we break to the downside I will be watching for a divergence from SPY to see If the pullback is real or not. If DG hovers while SPY dumps then when the market bounces it should present a nice buying opportunity. I will be signaling these in our group this week, and hopefully posting some more videos on these tickers in particular. So right now I am hoping for a gap up, over resistance and then a retest to send us on our way. ATM highs can be scary, but if the volume is higher then we could see a nice push! Thanks for listening!
NYSE:DGLong
by SimpleStacks
SPY500/Emini/ES : Daily schematic of liquidity & trapped tradersThere are a whole bunch of trapped traders on both sides of price for SPY500 / Emini futures / ES1! which will want to exit, giving us a trade in opposite direction (yellow zones) Beware of the engineered liquidity zones - which are almost like a candy land for big institutions - where orders are just sitting to be taken! Those zones WILL BE poked poked! (green zones) Good luck & good trading for the election week! Please note : the zones shown here are for reference purpose only. Actual buy & sell zones should be fine tuned with a lower timeframe reference & more detailed analysis.
CME_MINI:ES1!
by makuchaku
6
How we will develop long setups on US500Today, we will show you our trading plan for US500 A) The price is inside a corrective structure (purple line). From a technical perspective, this can be considered a continuation pattern (flag pattern) B) A key level to develop long setups is the breakout of the purple trendline. That would provide us evidence that the bullish movement is about to start C) However, we will not trade the breakout directly. We will wait for a minor correction on the 30 minutes chart on the yellow circle D) We have two possible paths for the bullish movement expressed on the two green arrows E) Never forget that this is a trading plan for a bullish scenario. If the situation we are expecting does not happen, we will keep our money on the sideline.
U
by ThinkingAntsOk
SPY - Main s/r zones analysisHello traders, Description of the analysis: SPDR S&P 500 ETF TRUST ( SPY ) support zones ideal for timing long positions (gray). A possible correction could provide a shopping opportunity in interesting volume zones. It is definitely worth following further developments. The thickness of the support zone reflects the importance of this zone. Red lines are fair prices by volume. Please be careful during the election campaign and election. There can be higher volatility. I personally stand outside the markets with new positions. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. Jacob
AMEX:SPYLong
by Jacob_Kovarik