Where's the bottom? Nobody knows but this could be relevant. No one knows where the bottom is, we can only speculate. Here are my very quick and very GENERAL thoughts based mostly on volume nodes.
ETF market
$SPY Bollinger Bands and RSI Oversold SignalThe AMEX:SPY aka S&P 500 is delivering a daily Bollinger Bands and RSI oversold signal today
In the last ten years there has been a bigger recovery shortly after such an signal
The Bear Market Has Arrived - Key Levels to Watch SPY QQQ IWMIWM is the first of the major averages to enter into a technical bear market after falling over 20% from its recent highs. QQQ will likely be next followed by SPY. I think there's good potential for a short term bounce around this area, but I believe there's a lot more trouble ahead in the medium to long term and it could accelerate quickly if we don't see any quick relief here.
Time to buckle up, I'm afraid the worst is yet to come.
Great time to buy SVIX...like right now!!!!Great opportunity to make +10% on an easy trade. The VIX just spiked. All you need is to leverage SVIX and take the inverse.
Best of luck and always do your own due diligence!
SPY: Breakdown with Strong Momentum – Key Targets Ahead
📉 Overview:
The S&P 500 ETF (SPY) has broken through a key support level with strong downward momentum. This bearish move suggests further downside potential, with key targets identified below.
🔍 Technical Analysis:
Price has decisively broken below a key support zone with strong momentum, indicating a potential continuation to the downside.
1st Target: Around $537.75, which aligns with the yearly mid-level support.
2nd Target: Around $510.27, which coincides with the 6-month low level.
Momentum indicators (Neon Momentum Waves) are trending downward, supporting bearish sentiment.
Long-Term Support: The yearly low at $466.43 remains a major downside level to watch if bearish pressure intensifies.
🚨 Trading Plan:
📌 Bearish Bias – Look for potential short entries on pullbacks towards the broken support level, now acting as resistance.
📌 Stop Loss: Consider placing stops above the breakdown level (~$560) to mitigate risk.
📌 Profit Targets:
First target: $537.75
Second target: $510.27
📊 Risk Management:
Keep an eye on volume and momentum indicators to confirm the bearish move.
If price reclaims the broken support level, reconsider the short thesis.
📢 Conclusion:
SPY is showing strong bearish momentum after breaking key support. If the trend continues, the price may reach the identified targets. Traders should monitor price action and momentum signals for confirmation.
⚠ Disclaimer: I'm not a financial expert—just sharing my thoughts based on my analysis. Always do your own research and manage risk accordingly.
Do you agree with this outlook? Let’s discuss in the comments! 🚀📉
#SPY #Trading #StockMarket #Bearish #TechnicalAnalysis #SwingTrade #Momentum #NotFinancialAdvice
the FlushDown to 510 is possible on AMEX:SPY , there are some gaps there. We'll see. I wouldn't start buying until the VI shows either one more high or a double top.
QQQ - support & resistant areas for today April 4 2025The key support and resistance levels for QQQ today are above.
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Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions.
Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change.
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Need any other charts daily, Or how to trade this? Comment on this.
Nightly $SPY / $SPX Scenarios for April 4, 2025🔮 🔮
🌍 Market-Moving News 🌍:
🇺🇸📊 March Employment Report Release: The Bureau of Labor Statistics will release the March employment report, with forecasts predicting an addition of 140,000 nonfarm payrolls and an unemployment rate holding steady at 4.1%. This data will provide insights into the labor market's health and potential implications for Federal Reserve policy.
🇺🇸💬 Federal Reserve Chairman Powell's Address: Federal Reserve Chairman Jerome Powell is scheduled to speak at 11:25 AM ET. Investors will be closely monitoring his remarks for any indications regarding future monetary policy, especially in light of recent market volatility.
🇺🇸📈 Market Reaction to 'Liberation Day' Tariffs: Following President Donald Trump's announcement of new tariffs, dubbed "Liberation Day" tariffs, the markets experienced significant declines. The S&P 500 dropped 4.8%, and the Nasdaq Composite fell 6%, marking the worst trading day since 2020. Investors are bracing for continued volatility as the market digests the potential economic impacts of these tariffs.
📊 Key Data Releases 📊
📅 Friday, April 4:
👷♂️ Nonfarm Payrolls (8:30 AM ET):
Forecast: +140,000
Previous: +151,000
Indicates the number of jobs added or lost in the economy, excluding the farming sector.
📈 Unemployment Rate (8:30 AM ET):
Forecast: 4.1%
Previous: 4.1%
Represents the percentage of the total workforce that is unemployed and actively seeking employment.
💵 Average Hourly Earnings (8:30 AM ET):
Forecast: +0.3%
Previous: +0.3%
Measures the month-over-month change in wages, providing insight into consumer income trends.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
ONLY BULLISH short term wave count QQQPanic is now clear the question is todays drop a wave C in a zig zag or is it wave 3 of 3 Not sure I am taking long positions at 420 area if we break 416 then wave stucture should drop to 398/+or - 3.1for wave 3 of 3 to end . The 1987 decline took 55 days that drop was a full 38.2 % drop oct 19th that date would be april 15
Market Falls comparison of the last 25 yearsBetween 2000-2019 the market had 7 big falls.
Since the Pandemic in 2020, the market has fallen 2 times and currently experiencing the 3rd big fall.
Although the current and last two falls seem big, percentwise have not been as big as the ones from 2000 and 2008.
Get ready for the current market to continue falling for the next 2-3 months and it will still only feel like a 20% correction, nowhere as big as the 3 biggest falls from the last 25 years.
Tariff FUD is reking ports. SPY 505 First Stop. 460 Second.Trading Fam,
It's no surprise that Trump's implementation of high tariffs would cause initial FUD. This can be observed in the massive spikes on the $VIX. What is unknown and has caught many traders by surprise, myself included, is how substantial of a drop would be incurred by investor uncertainty.
Initially, it did appear that 500 might hold. That was a huge support. I knew if it broke, the sell-off would be deep. But I held hope that the market would hold above this trendline. It did not. So, yesterday and today, investors who held are incurring substantial losses.
For those who were smarter than me and sold at or near the top, congratulations! You've saved yourself some duress and cash. Now, some are calling this the beginning of a longer bear market. I still don't see it that way. Honestly (and I know this will be hard to believe), I still see the SPY hitting my target #3 at 670-700 before 2026 comes to an end. Longer-term we still remain in a massive secular bull market since 2009 and to break this long-term trend, the SPY would actually have to break below 300. That is a long way down and I just don't see that happening, though as always, I definitely could be wrong.
Shorter-term I am seeing two prominent areas of support. The first has almost been reached at 505. If I would have played this correctly, I'd be DCA'ing in my first load of cash here. The second area of support is at around 460 and slightly rising daily. This would be where I DCA'ed in another load of cash. However, if that broke, I'd exit immediately and reassess the charts. 300 is a long way down, but over the past 5 years we have seen some extraordinary market price action and volatility. TBH, even the best of us technicians are struggling to understand the larger macro-economic picture, but I'd wager to say that tariff fears may be overexaggerated as market reactions often tend to be.
One interesting note is that crypto price action no longer seems to correlate and prices have help up surprisingly well. Could this be our first indicator that the markets are due to turn up again in a few weeks/months? Unknown. But I can promise you I'll be watching this all closely.
✌️Stew
SVIX....not pretty, but she's got potentialThe VIX has been a wild one today and a little unpredictable to say the least. Fortunately, what goes up must come down. I'm talking about the VIX! SVIX is the inverse ETF of VIX. When the VIX falls, SVIX spikes. We can see that happening multiple times over the last few weeks. This is a very nice opportunity to get in. The probability of the VIX staying at these levels is extremely low as it would have already be priced in so volatility will drop.
This is an early Xmas gift in an awful environment. I'm wrong about 20% of the time, but this looks like a nice set-up and hopefully people can benefit from this easy trade.
Best of luck!
$540 incoming put trade expiring 4/4 or 4/11
AMEX:SPY
I start these Anchored VWAPs where the volume was the lowest before a major upside or downside.
When I entered this trade $540 expiring 4/4 was at $.5 on 3/27 on Thursday around 9.55am currently $2.06 closing week, however I want to highlight that the $540-$530 would be the major leg down and we might see the $570-$580 levels for first week of June imo.
Note: I am heavily comparing price actions for nowadays with 2022 first half drawdown.
Nice value gap....MSTUI want everyone to benefit on this! BTC has shown resilience in a horrible market and it's picking up. We can see the double bottom and nice formation on the upside. My humble opinion is that people are moving their crappy stocks and moving it to BTC in the hope that it goes back to 88k like it did a few days ago, which would mean a 20-30% upside for MSTU easily. I always watch my trades and have stop loss, but early next week looks very interesting esp if globally people start buying over the weekend (post dip).
Always do your own due diligence and safe trading! Reward favors the brave and those who take calculated risks. Trade your rice and beans for a nice steak :)
OH NO! $SOXS is primed for a significant rise.The concept of a multiple bottom suggests that the stock has already experienced a significant decline, creating a buying opportunity at a lower price over time.
Plus, Trump is coming= BYE semidocutor stocks!
Stricter trade policies and tariffs on imported semiconductors could disrupt global supply chains, leading to higher costs and potential shortages.
During his previous presidency, Trump focused on "America First" policies, which included promoting domestic manufacturing and reducing reliance on foreign supply chains
Additionally, there were concerns about the potential mismanagement of federal initiatives like the CHIPS and Science Act, which aimed to boost domestic semiconductor manufacturing.
AMEX:SOXL , NASDAQ:NVDA , NASDAQ:AMD , NASDAQ:AVGO , NASDAQ:QCOM : Sell now to take the profit.
IT'S COMING
SPY - Support st 40 Mo. AgvIn doing long term analysis last year, I noticed that major waves 2 and 4 generally terminate at the 40 month moving average. So it appears that 472 is the current target. Keep in mind however that wave 5 will eventually take us to new highs. Then, - LOOK OUT BELOW
Opportunity Beneath the Fear: SPY's Reversal SetupIn the Shadow of Headlines: SPY’s Drop Could Be 2025’s Big Opportunity
As markets react sharply to renewed tariff fears and Trump-related headlines, SPY continues its descent. Panic is setting in—but behind the noise, a strategic opportunity may be quietly forming.
While many rush to exit, others are beginning to position for the bounce. A well-structured entry strategy could be key to turning uncertainty into gains.
Entry Zone (Staggered):
🔹 543: First watch level—look for signs of slowing momentum.
🔹 515: Deeper entry point as the selloff extends.
🔹 <500 (TBD): Stay flexible—if panic accelerates, this could mark a generational setup.
Profit Targets:
✅ 570: Initial rebound target.
✅ 590: Mid-range level if recovery builds.
✅ 610+: Full recovery potential—rewarding those with patience and vision.
Remember: Headlines fade, but price action and preparation stay. This selloff may continue—but it might also be laying the foundation for 2025’s most powerful move. The key? Enter with discipline, protect your capital, and let the market come to you.
⚠️ Disclaimer: This content is for educational purposes only and does not constitute financial advice. Trading carries significant risk. Always conduct your own research and use proper risk management.
SOXL in Buy ZoneMy trading plan is very simple.
I buy or sell when at three of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes beyond it's Bollinger Bands
* Stochastic Momentum Index (SMI) at near oversold overbought level
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of 2 of 3 channels
Stochastic Momentum Index (SMI) at oversold level
Money flow momentum is spiked negative and under bottom of Bollinger Band
Price at or near Fibonacci level
Entry at $13.30
Target is upper channel around $19
$SPY Big Support at 540 and 50% fib levelAMEX:SPY Big Support at 540 and 50% fib level, I thinks it's unlikely to break the $540 mark.
$UVXY above $30, brings $60+CBOE:UVXY has two big hurdles it needs to make it over before it can see higher prices.
1. It needs to get over the 200DMA (light blue line)
2. It needs to get over $30
As you can see, price has been consolidating in a channel since the August spike and IMO is almost ready for a big move.
I think this move will likely take place the second half of February and potentially into March.
I'll be looking at buying call options for 3/7 expiration, or 3/21 is even safer.
I think the move is likely to hit the $71 level on the chart, and could potentially go as high as the top resistance (however I don't see that as very likely). To me, most probable target is $78-82 right below the trend line.
Let's see how it plays out.
Will start longs at 516I think SPY is going down to 516 (0.382 Fibonacci retracement) and could go down to 485 (0.500 Fibonacci retracement). I will start taking long positions again at 516. Back in 2022 there was a 0.500 Fibonacci retracement where SPY went from 479 to 348 but I know people have short memories.
$SPY: Second Bearish Wave in Motion, $537 First, $512 Next
AMEX:SPY , looking at the bear market that started in February, it looks today as if a 2nd bearish wave started. It will not be confirmed until $549 is broken, however Fib projections point to $537 as first stop, and eventually at $512 as 2nd stop.
SPY LongNo need to discuss fundamentals here since it is THE SPY.
Very good entry for beginners or swing traders.
clean reversal patter.
You can keep SL a bit lower if you have appetite
