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
AMEX:SPY We are seeing a clear technical pullback, but nothing trend breaking. 21EMA on the weekly is our guide. We are watching $550 as our pivot this week for our options contracts. For these contracts, we will be using the 15 or 30 minute chart and candle closes for confirmation. $555 Call 9/27 Entry: 30 minute close OVER $550 Targets: $555,...
Looking at the SPY 5-minute chart, we’re seeing some clear bearish signals after what seemed like a potential recovery. Let me walk you through the main things that stand out. What I’m Seeing: Resistance at $554.41: The price reached a high of $554.41 but failed to hold, showing clear rejection at this level. This resistance has become a key point, as each...
We are seeing some really impulsive moves coming up and at this point it really important to trade with the trend. A complete analysis coming in soon.
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...
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...
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
Expired SPY Weekly outlook. 4th WK JUNE 2024 > BULLISH 📈 CORRECT Closed Price: 544.51 Target Price: 546 | Strike Price: 546.95 JUNE24 24' Upper Range: 554 Lower Range: 539
Expired SPY Weekly outlook. 5th WK MAY 2024 > NEUTRAL 📊 CORRECT Closed Price: 529.44 Target Price: 530 | Strike Price: 531.28 MAY28 24' Upper Range: 551 Lower Range: 510
Expired SPY Weekly outlook. 3rd WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 520.84 Target Price: 524 | Strike Price: 528 MAY15 24' Upper Range: 532 Lower Range: 516
Expired SPY Weekly outlook. 2nd WK MAY 2024 > NEUTRAL 📊 CORRECT Closed Price: 511.29 Target Price: 512.94 | Strike Price: 518.48 MAY7 24' Upper Range: 518.96 Lower Range: 506.92
The SPY reversed its direction today, trading between the range of 506.10 to 508.80. It hit Fib 0.00% 3 times and with RSI crossing over.
After good economic projections in the FOMC. Looking for continued upside on the SPY. A dip to 518.38 area would be a good place to buy, with initial TP at 525 and final TP at 530.
Expired SPY Weekly outlook. 1st WK MAR 2024 > BULLISH 📈 CORRECT Closed Price: 512.85 Target Price: 515 | Strike Price: 515.89 MAR7 24' Upper Range: 548 Lower Range: 482
SPY Monthly MAR 2024 outlook.(FREE SAMPLE) > BULLISH 📈 Closing Price: 504.89 Target Price: 517 High Range: 615 Low Range: 418
SPY is trading at a key resistance level, the white resistance line that has consistently provided strong rejections for the S&P 500. I am taking a short trade setup by going long on SPXS. Price targets: - Red support zone between $469 and $477 - Red trendline around $433 (price increases over time since the trendline is sloped upwards).