Purpose of this post: to make the most accurate near-term forecast in TradingView History - Expectation is that SPY trades along the BLACK arrow/path over the next couple days - Banking on a big gap up Monday 1/29/2024 Summary: * Initial Target = 492 by Tuesday Jan 30th ** Goal Target 494-495 by Wed. Jan 31st In order to avoid the need for anyone to post a...
I have explained why I am expecting deeper retracements in SPY. Don't forget to ask your doubts in the comments below. NOTE:ALL TIME HIGH SHOULD COME
This is my weekly analysis for SPY. If you have any questions feel free to ask me. SPY is trying to go up and retracement is due and I have explained it clearly in this analysis. NOTE:DO NOT SHORT AS MARKET WILL RETRACE ONLY TO GO HIGHER
Spy report for Monday Pushing or opening above 391.49 will go to 394.73 if the price closes above 394.73 prices will shoot to 402.79 breaking 385.26 prices will shoot to 379.58 and closing below 379.58 prices can reach 368.29 closing under 363.94 market will collapse that is IF WE DO then we are looking @ 290 to 295 on SPY for Final Target.
$SPY on 1 hour Double Top "What Is a Double Top? A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs." I charted this...
$SPY on 1HR 12/21 Analysis For SPY i am expecting a morning pump. This pump could potentially run to the 50 day SMA on the hourly chart of $384.44 and retrace. As for pullback, looking at the stochastic, it shows there needs to be a pullback. It currently way too high imo. I expect the rest of the day for spy to be relatively red or a sideway if it consolidates...
$SPY on 1hour Pullback NOTE:QUAD WITCHING DAY Quadruple (Quad) Witching: The term quadruple witching refers to the simultaneous expiration four times a year of stock options, index futures , and index futures options derivatives contracts. The fourth type of contract involved in quadruple witching, single-stock futures , hasn't traded in the U.S. since 2020 and...
$SPY on 1hr Expected PULLBACK Even with the FOMC meeting. According to my analysis in the next hour or two there will be a pull back before the meeting even though the trend shows that SPY is trying to go up overall on the hourly as seen by my trend line. Possible pullback near support of $402 FOMC Meeting at 2PM est. What are your thoughts? Thanks, Kelly
Correctional movement failed to break the local support, we expect resumption of buying to resistance. If you like the idea, mark it. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
With today's candle closing below June and July's support line. Spy will have to beat the previous support line and close above before September ends. If the new resistance (previous support) is unbeatable, SPY may most likely close the previous gap at the $377-380 range.
Looking at the SPY S&P 500 ETF options chain today, i would buy the $360 puts with 2022-8-19 expiration date for about $2.42 premium. Looking forward to read your opinion about it.
I am targeting a lower low at the $358 support by the end of this month, due to the CPI report and the start of the Q2 earnings season with revisions. Looking forward to read your opinion about it.
SPDR Series Trust High Dividend ETF ( AMEX:SPYD ) Sector: Miscellaneous (Investment Trusts/Mutual Funds) Market Capitalization: $ -- Current Price: $43.04 Breakout price: $43.80 Buy Zone (Top/Bottom Range): $43.40-$42.40 Price Target: $44.20-$44.40 (1st), $46.20-$46.90 (2nd) Estimated Duration to Target: 69-70d (1st), 142-150d (2nd) Contract of Interest: $SPYD...
SPY is trying hard to go up as it bounces back from the support and has seen the 405 level twice. This area should be considered in high demand for now. Looking at the futures right now, they are already down -0.50%. Two more things to consider: 1. MACD is trying to cool off as well with RSI. 2. If we see a bounce back from here and break the downtrend, we...
Today, we saw a massive sell-off after yesterday's massive rally, but there was an enormous volume at the end of the 15 minutes of the trading session. I see two scenarios tomorrow. Scenario 1- we might see a dump at the beginning and then upward correction in which the spy will touch the 417-418 area and then back down again. Scenario 2- We might see a sideway...
I think SPY is forming an Inverse Head and Shoulders Bullish Chart Pattern with a target of $480 by the end of the year. Today the Contrarian Investing is a good idea: "Buy When There's Blood in the Street"! looking forward to read your opinion about it.
$SPY on 30min Potential Cup and Handle Formation and Gap Fill SPY has been all over the place but this looks like a cup and handle jump to me! $418 here we come :) Not financial Advice. What are your thoughts? Thanks, Kelly
$SPY BULL FLAG 5/3 $SPY to hit $416-$420 by 5/4? What are your thoughts? Thanks, Kelly