Spy ZonesHave Fun Getting an AP Lads! Here are The Zones That May Play Out in The Coming Days/Weeks.
Spyanalysis
Gap Up or Drop Down?How's it goin traders, hope this recent rally has been treating you guys well. Here we have a potential gap up setup. We have a very aggressive uptrend currently and, we are approaching some supply zones that we will test and see if they prove to be strong resistance. Right now I see more up before we take profit/ have a small pullback. Thoughts traders? Have a good one!
$SPY PUTS If we held above $400 it would signal a larger move up. Likelihood of that happening is quite low in my opinion. With a big week of low expected earnings, possible negative news coming from Powell, and many companies looking lacklustre with weak guidance, I expect that we can see a strong rejection of the $400 level.
Closed one put already from $399 to $396 and will gradually re-open a few Puts for March/April expiration between $397-$399
Looking for a TP level around $370 or at the .618 fib line. Not because it would be a bottom, but a good level to take profit as we approach expiration and where we might see a possible bounce.
Stop loss would be $400 as I don't expect us to head back above this level. However, if we do, the risk/reward ratio is worth it.
Good luck everyone.
SPY LONG OPTIONSTrade base on your own decissions
Look up my bio for best setups on Options.
NOt financial Advice, be a swing trader
I found/created some Hopium for youI know that everyone loves to be PUMPED up and fed extra B.S. so i went and found you some we can HOPE for if feeling Bullish. If the RED line can become the temp channel instead of having to go all the way down to the yellow below it for HOPE of support. This could save you another day of DOWN and give you some sort of T/A to go with your DIP buying for the day if you just couldn't help yourself. There are actually a few points of contact as well as an overall general theme if you zoom out even further of their being this secondary support trend just higher up from the lower/stronger support line.
Moving Average Free Options MethodSimple to use on the 15 minute to Daily chart. When the Emas cross with green on the top buy calls within $2 strike. When cross with red on the top buy puts within $2 strike. Bottom Mac'd Ema difference should also be same color as top Ema. Green/Green or Red/Red. Any light blue line Ema or Sma can be support or resistance so be prepared to sell. Buy time never buy contracts that expire that day. Greeks will burn you. Support and resistance are the green and red stripes across the chart(also sell or buy points. Ideally enter on the 5 minute chart then switch to the 15 minute or half hour chart to eliminate noise. Happy trading.
SPY SCALPINGOptions traders, Im expecting price goes back to 417.49$.
Trade base on your own decissions.
COme and check me out for more.
$SPY Inverse Head & Shoulders$SPY and other stocks currently have a possible Inverse Head & Shoulders pattern that is playing out right now. I expect to see $450 - $480 by May. We need to break $420 neckline and hold for a weekly close to confirm this.
SPX TOP!! Final leg to 6100 by July 22nd 2024This just lines up so perfect for me. A measured move from the March 2020 lows would be 6100 in July 22nd ish 2024. That would line up with the tops from 1929 and 2001, oh man. At that point I'm selling it all and running for the hills cuz it could get REAL nasty.
SPY OPTIONS TRADINGFollow for more.
Some DEgen here trading SPY.. lets goo.
Trade base on your own decissions.
Looking at current trend $SPY can hit $114 in coming weekLooking at current trend $SPY can hit $114 in coming week
Do you see the timeframe?have you seen guy!!!
the chart time frame and the Chart pattern cuz for me it's gonna be helluva economic rollercoaster
What Goes Up Must Come DownAfter that ascending triangle collapse, I can see SPY getting back within the orange downtrend range. Lookout for any areas of strong support for a possible bounce reversal when playing puts.
SPY $ Target 2023we got rejected for the 5th time at our bearish channel, if we don't clear that channel above the 400$, is means we going to have a test first for the support above the 355$ then to the bottom price around the (320$/340$) .
on the other hand if we broke that channel , is means that will be the first sign for bullish reversal , and the second signal which is the most strongest one is breaking the 430$ resistant .
SPY - Price Targets & Stop Loss📈 What’s up investors! 📉
Welcome back to another one of
💡“Mike’s Ideas”.💡
I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy”. Follow for more ideas in the future!!
I have 4 levels marked and colour coded on the Chart.
These levels are:
⚪ White = Entry Point
🔴 Red = Stop Loss
🟢 Green = 1.2:1 Risk Reward Ratio
🟡 Yellow = 1.5:1 Risk Reward Ratio
🔵 Blue = 2:1 Risk Reward Ratio
👀 So what are we looking at today…!!!
🚨( SPY ) SPDR S&P 500 ETF Trust🚨
The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the "Portfolio"), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
The Fake Out Break OutQuick post to those of you who've been following some of my ideas. I had previously drawn the similarity between now and 2008 in terms of chart patterns, but what's playing out seems to be much more like 1968 and 2001. Notice the double tops in green before the crash both had, which closely resembles what we're headed for now. These were also the starts of boom bust cycles happening in sets of 2. With this in mind, I'm adjusting to the 2001 timeline. My new PT is $265 which would hypothetically be at the end of August.
SPY S&P 500 ETF Santa RallyU.S. stocks tend to rise during the Santa Claus rally period.
The Santa Rally is considered the last five trading sessions of the year and first two of the new year.
Since 1950, the S&P 500 has traded higher 78% of the time during the Santa rally period for an average gain of 1.3%.
My price target for SPY is $384.
Looking forward to read your opinion about it.
SP500 Weekly Volatility Analysis 9-13 Jan 2023 SP500 Weekly Volatility Analysis 9-13 Jan 2023
We can see that currently the implied volatility for this week is 2.93%
With this in mind, currently from ATR point of view we are located in the 65th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
*For calculations, I am using the data since 2022*
Bullish: 2.64% movement
Bearish: 2.47% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 24.2% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 4025
BOT: 3800
Taking into consideration the previous weekly high/low, currently for this candle there is :
79.22% probability we are going to touch previous weekly high(already done)
26.76% probability we are going to touch previous weekly low
Lastly, from the technical analysis point of view, currently from
Daily timeframe indicates 53.33% BULLISH trend from the moving averages index
Weekly timeframe indicates 13.33% BULLISH trend from the moving averages index
Monthly timeframe indicates -13.33% BEARISH trend from the moving averages index
Dec Jobs Report Preview - SPY SPX ES1! C Wave Short - 010523 Wanted to quick share a SPY chart ahead of the December Jobs Data, which is scheduled to be released tomorrow morning Friday, January 6th: UNEMPLOY USNFP
Unemployment Rate (UNRATE)
Unemployment Level (UNEMPLOY)
Non Farm Payrolls (USNFP)
Average Hourly Earnings YoY (USAHE)
Participation Rate (USLFPR)
Manufacturing Payrolls (USMP)
Average Weekly Hours (USAWH)
Looking at the 4-Hour Chart, looks like we have a C wave playing out. Also looks like the 4-Hour MACD is getting ready to roll over:
MACRO NOTE: Good news (hot jobs) = Bad news (tighter Federal Reserve) aka "Higher for longer"
SPY Daily Chart 📊 (C wave short)
SPY 4-Hour Chart 📊 (C wave short)
SPY 1-Hour Chart 📊
SPY 15-Minute Chart 📊
What do you think about this setup into the December Jobs Data tomorrow? Let me know in the comments below! 👇🏼
SPX January Monthly Volatility Analyis 2023 SPX January Monthly Volatility Analyis 2023
Currently the IV for SPX is at 6.25%, down from 6.67% last month.
From the volatility current percentile we are located on 58th place, and based on this we can expect the monthly candle to make the next aprox movement:
Bullish : 6.544%
Bearish : 6.106%
With this in mind we have currently 81.1% that the market is going to stay within the next channel
TOP Limit: 4154
BOT Limit: 3635
If we are going to take a look into the previous monthly high and low points, currently there is a :
38.18% to hit the previous monthly high
56.52% to hit the previous monthly low
Lastly from the technical analysis point of view, currently ( going from -100 to +100)
Weekly Timeframe : -26.67% of rating moving averages is indicating BEARISH
Monthly Timeframe : -13.33% of rating moving averages is indicating BEARISH
SPX 2023 Trade idea...Simply follow the supertrend indicator for SPX quarterly ITM calls/puts at the given buy/sell signals. Follow the volume on larger time frames. Use any profit to first pay off 2022 debts then start building a diverse ETF portfolio with high dividend yields. 80% of portfolio going into equities 20% used for options.
SPY I love this Bullish Chart!!! Such a clean OBV backtest breakout of November Highs, bouncing off the channel support. Looks like a clear Wave 2 down and now we head for Wave 3 up. Just really feeling this chart.
