SPY ANALYSIS 16th Oct,2023This is my live analysis for SPY. Don't rush or push yourself into trades as market will hurt you mentally.
NOTE:WAIT FOR THE LEVELS DISCUSSED
Spyoptions
SPY analysisSpy 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.
Moving Average Method SPY OptionsSimple 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. Bars on far right are volume shelves, the ones that stick out furthest left are also support and resistance spots. Happy trading.
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.
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 - A Simple Plan - All You Need is PatienceSo here's what I am thinking. I do think we will trend higher and hit the $380 area and head back down. Thinking we hit $380 by the end of October and with FOMC we break the support at the bottom and head straight down.
SPY (POTENTIAL SELL LEVEL) ***BEARISH SENTIMENTThis is just my basic MONTHLY charting.
I have marked what I see as the POSSIBLE bottom (support).
I see overall DOWNTREND
I have marked my potential SELL LEVEL for SHORTS/PUTS.
$SPY 1D Outlook$SPY 1D is displaying relative weakness after rejecting the 0.5 retracement level at 401.38. If bulls fail to reclaim that level and bears successfully close a daily candle below 389.87 (0.236 weekly retracement) then we would expect to see selling pressure increase and possibly sweep the lows again. Monitoring it closely along with movement in oil prices heading into September's FOMC meeting towards the end of the month.
$SPY bulls in charge? maybe for now..$SPY momentum has been strong for the past few weeks. after the market switched gears to the upside after the government lifted off the covid restrictions this summer, and ok earnings in some of the big tech stocks couple weeks ago. i believe after the restrictions got lifted off, it helped the economy to get back on its feet. but despite the covid restriction being lit off, it created massive supply chain issues, and inflation. this is due to massive back log of the supplies that didn't get sold in the past 2 years because of the covid. Also, small businesses try to make up for the loss of profits during the pandemic.
here's my day trade price target for SPY on FRIDAY 08/15/22.
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For calls; buy above $429.17 and sell at 431.28 or above
For puts, buy below 426.49 and sell at 424.17 or below
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Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities for day trades or scalp play.
If you have any questions or suggestions on which stocks I should analyze, please leave a comment below.
If you enjoyed this analysis, I would appreciate it if you smashed that LIKE or BOOST button and maybe consider following my channel.
Monitoring for bearish continuationMonitoring for bearish continuation after a bearish reversal at the 200 ema on 1D. RSI is calling for further downside...
$SPY hourly 200emaMonitoring $SPY for bullish continuation over 1h 200 ema @ 388.26. If bulls can retake that level as support a sustained rally is likely over $400 on $SPY...
SPY levels going into next week SPY levels going into next week. using price to volume analysis, time frames used weekly, daily and intraday for support and resistance levels.
SPYGAMEPLAN FOR FRIDAY, MAY 20,2022
Today was just a sideways trend. If the light uptrend breaks, tomorrow's market is seeing new lows.
Keep in mind if you are an options trader, don't try to hold anything. Just scalp and swing them/ Market makers are doing their best to decrease the premium by trading the market sideways.
A break above 396 is bullish, and a break below 395 is bearish.
SPYGameplan for May 17, 2022
Spy did hit resistance and support all day with a small ascending triangle in mid-session, then got rejected on resistance. At the end of the session, the spy broke the uptrend line but still needs support to break so we can short it.
We will see what happens tomorrow. For now, observe, and there can be two scenarios because when sideways is a trend, make sure to watch and then play when it breaks. If it breaks, resistance go long and breaks support will go short.
SPYGAME PLAN FOR MAY 16,2022
Spy's significant resistance level, for now, is 403.50. Make sure to observe the market from 7:00 am till 9:45 am EST. There are two scenarios for now.
The first scenario is that if the resistance level gets destroyed, wait for the candle wick to come back at the resistance area from that point to go long to 410 -415 level.
The second scenario is that if the spy gets rejected from the resistance level and then the support area is 397.00 area if that gets destroyed as well, then short spy to 385 area.
SPY Game Plan for May 13, 2022
Make sure to observe the 392.50 area as spy resistance for now. If that resistance breaks, we must wait and have patience, then go long and never chase. Overall, spy daily RSI at 30. Significant consideration note to take. But still, plenty of room to go down as RSI is calculated and first, down to 30 can be a fakeout, then 50, fall again back to 30 RSI, which means price movement will be way different and can go down far beyond imagination.
Two Scenario for tomorrow:
First one: Observe the market from 7:00 am-9:30 am EST. If we see a sell of pre-market, then for sure, on market hours, we can touch the resistance of 392.50. then back down again.
Second: If the resistance gets destroyed, wait for the cool off previous resistance to become support and go long from 392-394.
OPTIONS
Look at May 20, 2022, 380 puts if 392.50 area gets rejected and go long when resistance gets denied, then play with May 20, 2022, 405 calls.
MAy 5,2022 SPY Game plan Yesterday's game plan went fantastic. We are officially in an uptrend (short term) minor correction of a downtrend. We can see a dip at the opening as it needs to cool off for the next leg up. Drips I'm looking at, the levels are 425.66-425.95; if this one slides, then will see 421.78- 422.56. Volume was there, and we saw a massive rally at the end of the day. Make sure you are on the right side of the market. Shorting here should be considered high risk and if you want to short, wait for the trend to break. Playing with calls tomorrow can be fun but make sure to look at the trend always. For now, we are incredibly bullish.
$SPY 500: Strong Bullish Divergence!⭐7.86 Fib Mounted as strong support confirmed by a significant amount of volume (425) This support is valid by the VPVR and Bullish Divergence on the MFI.
⭐6.18 Fib Support mounted with large volume. This support 435 is valid due to the large VPVR node + volume.
⭐446 Resistance confirmed by VPVR and selling volume + Ichimoku Cloud Resistance.
⭐453 Resistance confirmed by 2.32 Fib and large VPVR node + selling volume.
⭐For bullish price action a 3D close above 446 is needed to reclaim Ichimoku Cloud support.
⭐Strong Bullish Divergence on the MFI hints for a breakout
⭐Options Chain bullish 70k Volume + 20k Open Interest at 450 which makes it a likely target. Lower targets than this are unlikely due to the bullish options chain.
*WARNING* This thread is not financial advice. I am not a financial advisor.
SPY Monthly Bull/Bear CycleSince Feb 2021, SPY needs on average 26 days to complete its bull/bear cycle. As SPY price goes higher, the gains slow down slightly, which is accounted for with the trend angles dropping 4 degrees per month from its Higher Low to Higher High. If you did not take a call position yet, you may want to pick up some Spy Calls tomorrow.
SPY: Buyers come in again after a low volume dayToday's bar was a bullish bar and went above the high of yesterday's
low volume bar. April 27 and April 28 were low volume days
as well.
When price continues to put in new highs despite
these low volume days it is a good indication price is headed higher.
4250 and 4300 are the next targets for the S&P.
I do not advocate buying into the highs so entering on pullbacks
waiting for a price action entry is best.
We'll see what tomorrow's bar brings.
SPY PT 04/2021SPY is running to ATHs. Record equities flowing into markets, intergenerational wealth transfers, vix declining, running into a 5-wave impulse to the moon.
