Get started

ETF market

SPY at a Critical Reversal! Will Bulls Maintain Momentum? Technical Analysis (TA) for SPY * Trend Overview: SPY recently bounced off a key support level near 582-585, forming a potential reversal zone. * Volume & Price Action: * A strong recovery candle has formed, indicating increased buying activity. * 600.05 is the next major resistance level to watch. * If the price clears 597.5, it could gain momentum toward 610-615. * Indicators: * MACD is crossing bullish, suggesting potential momentum continuation. * Stochastic RSI is approaching overbought, signaling potential resistance. * Support & Resistance Levels: * Key Support: 585, followed by 582.44. * Resistance Zones: 600.05, then 611-615. Options Flow & GEX Analysis for SPY * Gamma Exposure (GEX) Insights: * Major Call Resistance: 610-615 (where dealers may start hedging negatively). * Put Support Wall: 585-580, the strongest downside cushion. * If price holds 590+, dealers may shift their hedging and push SPY higher. * IV & Sentiment: * IV Rank: 34.5 (moderate implied volatility). * Put Positioning: 103.3%, suggesting heavy hedging on the downside. Trade Considerations * Bullish Scenario: If SPY stays above 597.5, it could test 600-605, with 615 as a stretch target. * Bearish Scenario: If it breaks below 590, it may retest the support at 585-580. * Options Traders: Watch for GEX shifts; clearing 600 could trigger dealer hedging toward 610-615. Final Thoughts & Suggestion: * Short-term traders should watch how SPY reacts at 597.5-600 for confirmation. * Options traders can look for breakout confirmation above 600 before considering bullish positions. * Risk management is key—tight stops are necessary if price rejects resistance. 📉 This analysis is for educational purposes only. Always conduct your own due diligence before making trading decisions. 🚀
AMEX:SPY
by BullBearInsights
Weekly $SPY / $SPX Scenarios for March 3 – March 7, 2025🔮 Weekly AMEX:SPY / SP:SPX Scenarios for March 3 – March 7, 2025 🔮 🌍 Market-Moving News 🌍: 🇺🇸📊 Anticipated U.S. Jobs Report 📊: The Bureau of Labor Statistics will release the February employment report on Friday, March 7. Economists expect an increase of approximately 133,000 nonfarm payrolls, with the unemployment rate holding steady at 4%. ​ 🇪🇺💶 ECB Interest Rate Decision 💶: The European Central Bank is scheduled to announce its monetary policy decision on Thursday, March 6. Markets anticipate a 0.25% rate cut, which would adjust the deposit facility rate to 2.5%. ​ 🇨🇳📈 China's Economic Targets 📈: During the National People's Congress, China is expected to set its economic growth target at around 5% for the year. The government may introduce measures to boost consumption and support growth amid global economic uncertainties. ​ 📊 Key Data Releases 📊: 📅 Monday, March 3: 🏭 ISM Manufacturing PMI (10:00 AM ET) 🏭: This index measures the health of the U.S. manufacturing sector. A reading above 50 indicates expansion, while below 50 signifies contraction.​ 📅 Wednesday, March 5: 🏢 ISM Services PMI (10:00 AM ET) 🏢: This index assesses the performance of the U.S. services sector, with readings above 50 indicating expansion.​ Trading Economics 📅 Thursday, March 6: 📉 Initial Jobless Claims (8:30 AM ET) 📉: Weekly data indicating the number of individuals filing for unemployment benefits for the first time.​ 📦 Factory Orders (10:00 AM ET) 📦: This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.​ 📅 Friday, March 7: 👷‍♂️ Nonfarm Payrolls (8:30 AM ET) 👷‍♂️: A key indicator of employment trends, reflecting the number of jobs added or lost in the economy, excluding the farming sector.​ 📈 Unemployment Rate (8:30 AM ET) 📈: The percentage of the total workforce that is unemployed and actively seeking employment during the previous month.​ 💵 Average Hourly Earnings (8:30 AM ET) 💵: This metric indicates 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 with a professional financial advisor before making investment decisions.⚠️​ 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPY
by TrendTao
On The Maco Level SPY is screaming a crash is comingAMEX:SPY is basically at every metric for being over-extended. From the Shiller PE ratio surpassing the all time highs to the buffet indicator at al time highs, take your pick, they all say the same thing. The Chart's trend is dying and the sell offs have been the initial weakness warning signs that retail traders are missing big time rn. Smart money is clearly selling the farm rn and the volume data on the chart backs it up. SPY is a clear sell in imo.
AMEX:SPYShort
by TooSuave
9
SPY: A bit of a mixed bagSPY, anything less than a Dumpster Fire would be an understatement. I go over my general thoughts as I have interpreted them from probability metrics. However, owning to the incredible prolonged ranginess post 2-years of continuous, non-stop upside, my traditional approaches to probability modelling are a bit shook and confused. This leads me to not a lot of confidence in what to expect in the longer term; however, confident about the shorter term outlook. Here are the key take aways of my analysis that are based in the objective data: SPY is expecting a -1.94% decline into the week (approximately 2%). This can come before upside, or can come after upside, but the expectation is that SPY falls roughly 2% at some point this week. This is calculated from SPY's open price on Monday. So if SPY opens at 594, we would subtract 1.94% from 594 or: 594 - (594 * 0.0194) = 582.48 We should be retracing the 591 range into Monday. The target probability is bullish, with an expected upside target of around 600. The best fit bearish target is 588 on the week. We retain huge resistance at 597 that has provided significant resistance 20% of the time, according to modelled metrics. We retain substantial resistance at 607, which has provided significant resistance 40% of the time, according to modelled metrics. We retain ultimate resistance at 612, which has provided significant resistance 100% of the time. Thanks for watching!
AMEX:SPY
by Steversteves
89
Spy 585 closing Monthly is on point and accurateSpy 585 My bot has been predicting the monthly close price for the past 2 weeks when price was at 607 lol Spy bot is super genuise 😆 spy is 587 right now I love my bot 📈 SPY Monthly Close Prediction 🔮 -------------------------------- 🔹 Predicted Monthly Close on 2025-02-28: $584.04 🔹 Current Price: $594.54 🔹 Max Pain Strike: $490.00 🔹 Expiration Date: 2025-02-28 🔸 Top Option by Open Interest: - Type: Put - Strike Price: 470.0 - Open Interest: 153611 -------------------------------- 🔹 Timestamp: 2025-02-26 | 08:16 PM EST 🔹 Short-Term Prediction (Next 24 Hours): $593.96 🔻 SPY 15-Minute Opening Range Breakout (DOWN) 📉 🔹 Breakout Price: 594.54 🔹 Opening Range Low: 597.31 🔹 Time: 2025-02-26 | 08:16 PM PST 🔻 SPY 30-Minute Opening Range Breakout (DOWN) 📉 🔹 Breakout Price: 594.54 🔹 Opening Range Low: 596.56 🔹 Time: 2025-02-26 | 08:16 PM PST ⚠️ No significant overnight gap detected. We may be entering a short term bear market stay tuned for more updates JoeWtrades: The Case for a Blow-Off Top Before a Market Crash & How It Could Be Reversed February 19 Show more The stock market may be entering a blow-off top phase—a parabolic surge in asset prices driven by excessive liquidity, speculative euphoria, and momentum-chasing behavior—before experiencing a significant correction or crash. Historically, similar conditions preceded the 1929 Great Depression, the 2000 Dot-Com Bubble, and the 2021 Post-COVID Rally, where rapid price expansions fueled by FOMO (fear of missing out) led to unsustainable valuations before collapsing.
AMEX:SPY
by JoeWtrades
20
TLT Short-Term Short SetupOverview: TLT has likely completed Wave (3) in its Elliott Wave structure and is now entering a corrective Wave (4). The RSI is in overbought territory, suggesting a short-term pullback. Additionally, there are unfilled gaps near $85, which could act as downside targets in the upcoming corrective phase. Technical Signals: Elliott Wave Count: Wave (3) appears completed, setting up for a corrective (4) move. RSI Overbought: The RSI is signaling a possible reversal. Gap Fill Target: Unfilled gaps exist near $85, aligning with key Fibonacci retracement levels. Resistance Zone: Price is approaching resistance between $95 - $96, making it a crucial level for rejection. Support Levels: First support at $90.33 (Fib 0.382), followed by $87.21, and a final gap-fill zone near $85. Wave (4) Correction: A retracement toward the $90-$87 range is expected before the uptrend resumes. This would shake out weak longs while setting up for Wave (5). A Fib 0.382 retracement (around $90.50) could be a key level for Wave (4) to complete. Wave (5) Potential Move: If Wave (4) finds support, TLT could enter Wave (5) to new highs, potentially targeting $98 - $100+ before forming a larger top. However, if the corrective structure extends beyond $85, it may indicate that a deeper ABC correction is in play.
NASDAQ:TLTShort
by Whisperwave
QQQ On The Rise! BUY! My dear subscribers, QQQ looks like it will make a good move, and here are the details: The market is trading on 508.17 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 520.29 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
NASDAQ:QQQLong
by AnabelSignals
1
TLT: Potential Reversal After Completing ABC Correction [LONG]NASDAQ:TLT Observation: The iShares 20+ Year Treasury Bond ETF (TLT) appears to have completed its C-wave of an ABC Elliott Wave correction. Prices have shown signs of consolidation around the critical support zone at $87.50, suggesting the possibility of a double-bottom formation. Support Zone: TLT is consolidating near the $87.50 level, which has historically acted as strong support. Elliott Wave Structure: The recent price action indicates the completion of a corrective ABC structure, with the C-wave potentially marking the final low. Bullish Outlook: If the support holds, the ETF is likely to resume upward momentum, targeting the $94.00 level as the next key resistance. Double-Bottom Potential: Retesting the support zone could further validate a double-bottom reversal pattern. Risk Management: Set stops below $85.14 to minimize downside risk. Monitor overall market sentiment and bond yield movements, which can heavily influence TLT's price action. Disclaimer: This analysis is for informational and educational purposes only and should not be considered as financial advice. Trading and investing involve significant risks, and you should consult with a qualified financial advisor or conduct your own research before making any investment decisions. The author is not responsible for any financial losses or decisions made based on this analysis. Always trade responsibly and within your own risk tolerance.
NASDAQ:TLTLong
by Whisperwave
2
QQQ , is currently very bullish .... but short list included .Quick summary of little write up below : 1) Probably should not start to get bearish unless bears can get price below November 2024 low , ideally a monthly close below 2) A full cash signal is a close below monthly 21 ema , at that point it's "possibly" a bear market and we should be in cash . 3) After we get get a cash signal , then we need to wait to have a high 2 close to redeploy capital for long risk on stuff ....and should probably long the market right at the following H2 close (when it happens) 4) I practice that myself and it is based on 127 year study of the same occurrences vs monthly. ================================================================================== Longer version and short ideas I have on my list . I have been hearing a lot of people are in cash right now and I like to look at the monthly chart , in fact I have tested the down jones back to 1897 on personal studies vs it's monthly and I think its a great way to gauge the market and even take slower less emotional trades . I have marked up the chart here and shown where we should be in cash for 2022 bear market as an example . I really don't think now is the time to be in cash like many are saying I think that we obviously need to manage risk and listen to market. BUT, with the exception of the bearish wick from three months ago and the fact that we do have a Low 2 monthly candle which is a weak af sell signal, the bears have not even been able to get us below the nov 2024 lows and that is my line in the sand to begin to potentially take some monthly shorts .... but for now those same shorts are probably longs . Some key points for me are a close below the monthly 21 ema ( lower one ) its a cash signal . That's a "monthly close" not the price momentarily going there . Then once that happens you can just wait for two higher than prior bars closes , which I call high 2's or H2 for short . This is a very simple way to keep you out when getting is not good or switch to shorts and the odd names that are still at highs and ignoring a bear ( hard to do but there's always a few ) . Ok so finally , should bears start to get price below NOV low here's a list of stuff that might work well . But want to add that right now we should be doing the opposite and focusing on reversal trades and strength . SHORT IDEA LIST (QQQ must at very least be under nov low to consider acting for me ) PLTR DUOL HIMS APP NVDA CYBR CAVA SFM TKO GOLD/GLD (crowded longs ) RDDT MSFT AMZN PYPL
NASDAQ:QQQLong
by NAK1987
1