<0RN - strategic long tradeAs discussed in another idea on TradingView () I expect the corn price to rise. To participate in this rise, one might use this leveraged ETF. The buy order could be placed above the former local high as seen on the chart. Longby p49170
MSTU going for itI’m in at $44ish, and she’s a runner. There is no rush. Wake me up when Microstrategy is $700Longby Shammus010
BITI (short Bitcoin)MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Bitcoin at $69K Price near bottom of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at oversold level VBSM is negative Buying shares at $6.82 to $6.75 Target is $7.50 or channel top Stop loss is $6.50Longby chancethepugUpdated 1
TSLQ from $14.06 to $20MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price at bottom top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) near oversold level VBSM spiked negative In at $14.04 Target is $20 or channel top Stop loss is $13.75Longby chancethepugUpdated 0
SPY TradingSPY Technical Analysis using different indicators, such as Stochastic, RSI, EMAs, volume profiles, etc.by armanm5140
SPY/QQQ Plan Your Trade For 11-6 : Breakaway Post-ElectionWow. All I can say is WOW. Keeping a different schedule related to the markets had me in bed at about 9PM California time. Yea, I missed most of it last night. But my wife woke me up at midnight to tell me who won. When I got up this morning (early) and checked the markets, it sure looked like the world voted in favor of the Trump win, with a solid 2-3% rally overnight. This is where things start to get very interesting. We have about 70+ days until the inauguration (Jan 21, I believe). Between now and then, the US and global markets will attempt to shift towards new policies and expectations. Part of this will come from news, but much of it will come from policy expectations. Some sectors will shift direction. Others will extend existing trends. Smart traders should prepare for opportunities that align with their interests and realize that we are looking at some real risks over the next 4+ years. What I will state is I continue to believe the next 5-7+ years are the greatest opportunity of your life. Watch my video and buckle up. The markets are seeking a new base/frequency to transition into shifting expectations. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long31:32by BradMatheny7712
SPY Technical Analysis for Scalping tomorrow Nov. 6, 2024Price Action Analysis Support and Resistance: Resistance levels appear around $583.32 and $584.46 based on recent highs, which SPY could test if bullish momentum continues. Support levels are near $574.32 and $567.89. If SPY pulls back, these levels may serve as areas where buyers might step in. Trend Analysis: SPY recently broke above a downtrend line (visible in the chart), which suggests a shift in momentum from bearish to bullish. The price is currently trading above the 161 EMA and 15 EMA, indicating an uptrend in the short term. This aligns with bullish sentiment. Volume: There was a notable increase in volume during the recent breakout, which can confirm the strength of this upward movement. Indicators MACD: The MACD appears to be in a bullish crossover, which supports the potential for continued upward movement. Moving Averages (161 EMA and 15 EMA): The 15 EMA is above the 161 EMA, which is typically a bullish sign, especially for scalping. Scalping Strategy for Tomorrow Bullish Scenario: If SPY opens above $579 and maintains that level, consider an entry near $579 with a potential target around $583.32 to $584.46. Set a stop loss just below $578 to manage risk if it fails to hold above the current support level. Bearish Scenario: If SPY fails to hold above $579 and breaks below the support at $574.32, consider a short entry around $574 with a target near $567.89. Place a stop loss slightly above $575 to minimize potential losses. Suggested Direction Given the recent breakout and bullish crossover of the moving averages, the momentum leans bullish. However, it’s essential to monitor if SPY can hold above $579 at the open. Short Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Scalping is high-risk, and you should trade according to your risk tolerance and strategy.by BullBear-Insights1
Long SPXL @ 140 Target 175Look daily chart holding the 100 day ma look stoch on bottom turning up Vol need watch not good more selling buying watch next few days. It going to be volatile going into election as we head higher with sell offs do not get scared out longs on these pull backs. Look how we gave half that back like chart said it would good swing trade long know. Have trailing stop in place. Will add when we get above the 50 day ma 147.10 Longby john12Updated 9921
Today's setup of my chart on 5min 15min. Using "OrbFib+S&R" Breakdown of my action steps from open to close: 1) Wait 5min orb 15min ORB form to draw FIB. 2) Wait for (S) or (R) formed on 5min 15min to draw 3) Make plans using (S)&(R) and ORB fib levels 4) Use new (S) or (R) as risk entry, pair with OrbFib levels for confirmation. 5) mange position using (S) of the trend with OrbFib's levels (S) ------------------------------------------------------------ Common Fakeout: often can be solved using 15min candle confirmation. Reason is 5min candles can trick IMPATIENT traders before 15min close. To wait for 15min to close, Trader has to sit n watch 3 of 5min candles to close. Impatient traders always rushing, trying to predict/guess the result of how the candle is going to close before it close... makes no senese in logic. They focus too much on Prediction/Guessing, it makes them blind&bias, not listening to what candles says.by FIBivanSPY1
Opening (IRA): USO Oct 18th 69 Monied Covered Call... for a 67.44 debit. Comments: This isn't as low as I wanted to get in, but the short call is below where I would've entered would have to have been more patient and waited for 70. In any event, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 67.44/share Max Profit: 1.56 ($156) ROC at Max: 2.31% ROC at 50% Max: .78 ($78) ROC at 50% Max: 1.16% Take profit at 50% max; roll in-profit short call to maintain net delta <30.Longby NaughtyPinesUpdated 2
Opened (IRA): USO Dec 20th 63 Covered Call... for a 61.26 debit. Comments: (Late Post). High IV (67.7% as of Tuesday close) + weakness. Added a "rung" to my existing position at a strike better than what I currently have on, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 61.26 Max Profit: 1.74 ROC at Max: 2.84% 50% Max: .87 ROC at 50% Max: 1.42% Will generally look to take profit at 50% max, roll out in-profit short call on test of take profit. Here, the 50% max take profit would be .87 + 61.26 or 62.13.Longby NaughtyPinesUpdated 1
SPY 24Hr potterboxesThis is where we will open in the morning. its probly going to be a red day due to the law of threes, But we closed above cost basis in the outside box so we will see where this goes. I think if we open above $577.24 and hold that thru the morning we will probly make a another high but we have a little noise if we look to our left. For a all time high we need to break and hold above $584.65. just my mind meanderings for this stock. Longby potrod0
Argus Report: TSLA to $280TSLL is a 2X bullish ETF we went from $10.60 to 12.30 today TP $17Longby dryanhawley0
Top 5 Weekly Trade Ides #1 - QQQ Broadening WedgeQQQ is in a range from around $492.80 to $485. It's been forming this broadening wedge on the 15m, so I'm looking for a break to the upside for longs up to $492.80. Busy week of volatility ahead most likely with the election and FOMC, but for now VX is getting crushed. I would expect us to hold up until something changes, could be a quick move up to $492.50 or a nice short to $479 if it breaks below $485.Longby AdvancedPlaysUpdated 8
Comprehensive Technical Analysis: SPX 10-Minute ChartThis SPX 10-minute chart shows a clear intraday shift from a bearish to a bullish trend, accompanied by multiple technical signals. Let’s break down the analysis across different technical components: 1. Trend Analysis: Initial Downtrend: The session started with bearish momentum as indicated by Put Signals and declining price action. The lower lows created a brief bearish trend that ended with a strong reversal. Bullish Reversal: The reversal is confirmed by a series of Call Signals after a strong bullish breakout from the previous consolidation zone. The price broke above a significant resistance level around 5,731.94, leading to a steady uptrend. 2. Moving Averages: Short-Term Moving Average (Orange Line): This acts as immediate support during the bullish run. The price consistently stays above this line, indicating short-term bullish strength. The slope of the moving average is steep, reflecting increasing bullish momentum. Mid-Term Moving Average (Blue Line): Positioned further below, the blue moving average provides a broader support level. This indicates that the medium-term trend remains supportive of the upward move, showing a well-established bullish context. 3. Heikin Ashi Candles: Bullish Momentum: The Heikin Ashi candles display a strong bullish pattern with several consecutive yellow candles and minimal lower wicks, indicating reduced volatility on the downside. Temporary Pullback: A few red candles appear, marking brief consolidation but not a trend reversal. The continuation of yellow candles afterward confirms sustained bullish pressure. 4. Key Signals and Levels: Entry Long: A long entry signal is observed after the breakout around 5,731.94, which was an excellent point for entering the bullish trade. Exit Long: The Exit Long signal near 5,776.76 suggests taking profits after the bullish move. This level now serves as short-term resistance. Support Levels: Immediate Support: 5,755.43 – A pullback to this level would still align with the bullish structure as long as it holds. Major Support: 5,731.94 – This level marks the breakout point, acting as a strong floor for further bullish moves. 5. Volume and Momentum: Although volume is not displayed, typically such strong moves (as indicated by Heikin Ashi and moving averages) are accompanied by rising volume. Momentum: Bullish momentum remains high, supported by consistent upward price movement and the sustained hold above the moving averages. 6. Resistance and Future Outlook: Immediate Resistance: The price is facing resistance at 5,776.76. A break above this could open the path to higher levels, potentially testing psychological levels like 5,800. Continuation or Pullback: If the price breaks above 5,776, we can expect a continuation of the uptrend. However, a failure at this resistance might lead to a short-term pullback to 5,755 or even 5,731. Conclusion: The chart reflects a strong bullish reversal with clear signals of upward momentum. Traders should watch the 5,776 level for a breakout confirmation or potential pullback to the key support levels at 5,755 and 5,731. Maintaining the trend above the orange and blue moving averages will be crucial for sustained bullish movement.Long20:00by Deno_Trading1
GUSH from $27.62 to $31MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price at bottom of channel (period 39) Stochastic Momentum Index (SMI) at oversold level VBSM is negative In at $27.62 Target is $31 or channel top Stop loss is $26.50Longby chancethepugUpdated 0
SPY: Watch Out For These Turning Points (D&W Charts).Daily Chart (Left) Resistance and Support Levels : Both $574 and $565 have served as support and resistance points in the past, and are good examples of how the Principle of Polarity works in technical analysis - when broken, support points become resistance points, and vice versa. At the moment, SPY is struggling near $574, its current resistance, which is very close to the 21-day EMA. If it fails to break it, $565 is its next stop. EMA and Price Action : The price has recently tested the 21-day EMA, and while it experienced a brief dip below this moving average, it has recovered. The EMA could act as immediate resistance if there is continued upward pressure. In addtion, the 21-day EMA is pointing down, reinforcing the short-term downtrend. Short-Term Pattern : The presence of lower highs/lows indicates weakening momentum, so keeping an eye on whether the price can break above $574.71 or fall below $565.16 is crucial. Weekly Chart (Right) Uptrend Line : The long-term uptrend is intact with a supporting trend line dating back to late 2023. This trend line, coupled with the current support level at $565.16, will be pivotal for sustaining the broader uptrend. EMA Support : The weekly EMA is also below the current price, suggesting a positive long-term trend. Any pullback to this level would still be within an acceptable correction phase. Conclusion: SPY is currently at a decisive point. If it manages to break above the $574.71 resistance, the uptrend could gain strength . Conversely, a failure to hold above $565.16 might trigger a pullback to the weekly trend line or EMA, materializing a long-term pullback (but not reversing the long-trend seen on the weekly chart, just triggering a sharper correction). This is a crucial watch zone for both bulls and bears to define short- to medium-term strategies. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.by Nathan_The_Finance_Hydra2217
Spy Double BottomPattern: Double Bottom Spy is currently developing a double bottom pattern. Demand zone of 568-567 has giving support for buyers. In order for this pattern to have successful upside momentum we need to see a nice push through 575.50 with a nice hold with consolidation. Also be if we do get that break be cautious 576.91 supply zone created 10-31-24 Thanks Trading View Admin @NicoMuselle for the recognition on my previous TA on AAPL.Long04:10by HelloUs0
Elliot Wave Theory Suggests a Pullback Will HappenI know the election and FOMC trumps technical analysis but I wanted to put this chart out. Please critique the chart and let me know what you thinkby powellscotty9115
MZNETF UpdatedUpdated target for MZNETF fund, buy low and sell high because it is consist of mostly blue chip stock of PSXLongby Zeb_05550
SPY Bull/Bear Options Trade After ElectionsAMEX:SPY SPY Options Range: $571-$568 Long-term tend suport down the middle. We are sitting and waiting until elections are over. Here are our weekly options: $572 Call 2-3 Week expiration Entry: Confirmation over $572 (15-30 minutes close OVER) Targets:$575, $580 $570 Puts 2-3 Week Expiration Confirmation Under $572 (15-30 minutes close UNDER) $572, $568, $563 by PennyBois1
SPY with Fib levels.**Three major drops in 2024 were roughly 5.9%, 9.7%, and 4.3%. The current drop is 3.1% so far. ** Price should’t go below $537—if it does, that would be a lower low, signaling a trend change. ** I drew Fibonacci retracement from $537 to the recent high of $586. We’ve already seen a 38% retracement at $567, with the next levels at 50% ($562) and 61% ($556). ** Price may fund support at either of these three levels - 38%, 60%, or 61% retracement.by Wormhole0070
SPY/QQQ Plan Your Trade For 11-5 : Election DayThis video highlights what I believe is likely to happen today and into tonight (when the real news will hit). Additionally, I continue to warn that a price anomaly is very likely starting sometime after November 10. Ultimately, the markets will struggle throughout the rest of the week, likely becoming a bit more volatile after the election. I do believe the markets will move into the price anomaly event near November 10th and that event will likely transition into a big opportunity for traders sometime after November 15-18. My ADL predictive modeling system is showing this anomaly event is highly likely in certain sectors. Overall, I suggest traders continue to trade small allocation levels today as we get past "election day". The bigger opportunities come over the next 3 to 6+ months. Today is not the day to be a hero. Today is the day to sit back, maybe target a few decent trades, and wait for the dust to settle. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Short26:22by BradMatheny7