SPY Back to 600!The pattern is pretty easy to see here. Fibs work especially that 50-61.8 zone. That is the Golden Zone. AMEX:SPY Longby ACarruba118
It can't be this easy I'm sure. x3 bear SPYI think the central banks end game is to fortify the USD by 3 main ways. 1. Ramp the markets to insane irrational highs, then have a control crash that increases demand for USD and increasing its value. 2. Create a digital USD (USDC) that can be used by the whole world thus increasing demand and value. Stellar blockchain will be the new monetary infrastructure base layer. Just saw you can by US treasuries on the stellar dex today! 3. Merge Canada's and Mexico economy and replace currencies with USD. I think this plan was in place for a long time, since Canada sold all its gold a number of years ago. Why have gold if you are going to trash your fiat? All of this will greatly increase the value of the USD. Ultimately though, people will get sick of inflation and buy xlm. :) And SPY was making a tight ascending triangle, fell out and backtested. Probably too obvious, or is it?Shortby Agent_of_Maat4
SPY - Head and Shoulders AlertAnother tip off that the market is headed for a big drop. Market top signals showing up at every level. Looking for a one to two month drop followed by one more rally up. Whether we take out the highs, unknown this early. But good opportunities for trading profits.Shortby AssetDesign2
Will QQQ hold support?QQQ testing the long term channel for support after breakout. Holiday are low volume and a usually a time for the market to climb some without any selling pressure. If I had to guess, then I would say we generally move sideway and up through the end of December. When the traders are back in full for in January will tell us if this rally continues or it has been a big pump and dump for the incoming Trump administration and its new policies. by Dr_RobotoUpdated 6
Pullback will be spectacular UVIX...enjoy!History can indeed repeat itself. Hopefully folks enjoyed their 20%+ profit I called out earlier. If you didn't sell, no worries, the upcoming spike will more than make up for the weak hands that profited off small gains versus seeing the bigger opportunity could be over 100% easily. Best of luck and always do your own due diligence! Longby antonini2002111
$TLT - It is getting crazy!NASDAQ:TLT The bond market seems out of its mind. We are basically less than 5% from the peak of the Fed's rate hiking cycle. Pretty sure funds are shorting it. Currently, it is sitting on critical support. It's possible that this may be the bottom. 👀 As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.by PaperBozz117
We already bottomed, you just don't know it yet! NASDAQ:QQQ We already bottomed, you just don't know it yet! Daily Chart analysis: A look back at 2024 shows us that every time we have come down to the Green support line on the Wr% we've bounced hard all the way back up to the red barrier. It coincides with every time we've went below the 9ema that this occurs then we rocket back up. This time could be different but what I'm seeing on the weekly chart as well it doesn't look like it to me as we've already rebound back above the 9ema to this point. I'm just a nerd who loves all things stock market, I'm no oracle but from my TA and my GUT we should bounce hard heading into the new year and back up to ATH's in January friends! Not financial advice. Longby RonnieV295529
SPY Get ready for a bounce of this Fib LevelLooks good for a bounce on AMEX:SPY once it comes into this GZ area. by ACarruba1
SPY - A GAPTacular 2024And leaves a tiny one on today's open up top...Oops. Couple of those lower ones were on a different time, but lots of these on the daily chart forgotten behind. Someday...my SPY crash will come...Shortby mattfeato1
$SPY $EUCRT setup, we're primed to see a bullish reversal to fill the CRT High through the afternoon Wait for your setup Find your entry Pay yourself Longby Kyle_Kinnaird1
VEGI - Stop Losses Hit at Support in UptrendThe stop losses were triggered at the support level. In the broader context,VEGI is in an uptrend. This could be a good buying opportunity.Longby VineyardWave1
Update: EWZ December 2026 32 Covered CallHere, starting to break my EWZ position (See Post Below) into its constituent pieces. The first piece involves shares I acquired way back at 31.65/share. (Ugh). Rather than go back and calculate trade to date break even, I'm going out far in duration to sell the short call at or above my break even. Sometimes, you have to go way longer dated than you'd like, but I'm fine with devoting some buying power to this, particularly since EWZ pays a fairly decently dividend, albeit only twice a year. The remaining legs are the January 17th 26 short put -- on which I'm pretty sure I'll be assigned shares, and the January 17th 23 short put, which is in-the-money by .50 or so. On assignment, I'll look to sell the call at the strike at which I was assigned and go from there ... .Longby NaughtyPines1
VIX swing nicely set-up with UVIXSuper pumped by this upside of this set-up with VIX. Note that VIX is for sport vs. UVIX futures, but they typically align on the spikes. Do your own due diligence, but note the nice curve showing a bounce from the bottom / support level. RSI and key TAs validate bottom although there could be some volatility, but seeing where the market is and selling pressures across the board this seems like it's nicely set-up for a nice spike. Belated Xmas present! Best of luck! Longby antonini20023
Spy down in my eyes if opening don’t push up.Spy back down to 590. Downtrend may continue if break 590 back to 582 possible 572 gap . Be careful trades as to being in top of 5th wave.🌊 lets gets some more gains 602 outs are printing. Premarket status Shortby CallsNPuts933
SPY/QQQ Plan Your Trade For 12-27-24: Momentum Rally PatternThe last Friday of the year (2024) should show up as a moderate Momentum Rally in the SPY/QQQ - possibly seeing the SPY target 603 or higher by the end of the day. Gold and Silver are consolidating into a FLAGGING formation. Bitcoin is trapped in a consolidation range (right shoulder) pattern that should break downward over the next 5+ days. This is the time to position your trades for the beginning of 2025 and prepare for moderate volatility as the markets struggle for direction. The Momentum Rally pattern, today, should present a very clean opportunity for skilled day traders. I believe a deeper low is likely to setup between January 15 and January 25, 2025. So, be prepared for another roll to the downside after we get past the New Year. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long14:38by BradMatheny445
SPY Resistance TestSPY came all the way back up to 602.50 and rejected, but not by much yet. Seems bullish if it reclaims soon, bearish below. Downside targets are the recent bottom around 585 followed by the election gap fill below and then a previous ATH around 565. Upside targets are ATH and beyond.by AdvancedPlays2
Quantum Computing vs. TechIntroduction: Technological advancements continue to reshape markets, with artificial intelligence (AI) dominating headlines in recent years. However, the next major frontier appears to be quantum computing. The ratio between the quantum computing sector NASDAQ:QTUM and technology AMEX:XLK provides a unique perspective on this emerging trend. Analysis: Key Breakout: The QTUM-to-XLK ratio has recently broken out of a rounding bottom formation, a classic bullish reversal pattern. This breakout signals growing investor enthusiasm and capital flow into quantum computing, suggesting it may be the next major growth story in tech. Higher Highs and Higher Lows: The ratio is printing a series of higher-highs and higher-lows, confirming a bullish trend. As long as this structure remains intact, quantum computing warrants serious attention. Healthy Consolidation: After the recent surge, a pause or slight pullback would be a healthy consolidation within the broader uptrend. Such moves often precede the next leg higher. Implications for Investors: The breakout highlights quantum computing's increasing importance and potential. This sector could mirror the early stages of AI adoption, suggesting substantial long-term growth opportunities for QTUM-related investments. Trade Setup: Bullish Scenario: Entry: Look for pullbacks to support levels or a continuation of higher-highs for confirmation of trend strength. Target: Watch for the ratio to continue trending upward, signaling outperformance of QTUM over XLK. Stop Loss: Place stops below recent lows to manage risk in case of a deeper correction. Bearish Scenario: A breakdown below the trendline or failure to print higher-highs would signal potential weakness, warranting caution. Conclusion: Quantum computing is emerging as the market’s next big focus, with the QTUM-to-XLK ratio breakout suggesting robust momentum in the sector. While a pullback could offer better entry opportunities, the long-term growth story for quantum computing remains compelling. Are you ready for the quantum revolution? Let’s discuss in the comments below! Charts: (Include charts showing the QTUM-to-XLK ratio breakout, the rounding bottom formation, and key levels of support and resistance. Highlight the trendline and any recent consolidation zones.) Tags: #QuantumComputing #Technology #QTUM #XLK #EmergingTrends #TechnicalAnalysis #GrowthInvestingby Richtv_official5
LABD: Breakout Setup Above $6.68!LABD is forming a bullish breakout setup with an entry point at $6.68. Here are the trade parameters: Entry: $6.68 (yellow line, breakout level). Stop Loss (SL): $6.47 (below support zone). Take Profit Targets: Target 1 (T1): $7.11 (first resistance level). Target 2 (T2): $7.56 (next resistance level). Monitor for volume confirmation to validate the breakout and capitalize on upward momentum!Longby ProfittoPath110
GLD UpdateStill waiting for price to continue lower towards the target box. As I have said many times before, C waves can either be 3 or 5-wave moves. This appears as if it will be a 3-wave move based on the structure it has carved out thus far. I am of a mindset that we should move into the box within the next month or two. Gold in general just moves very slow the majority of the time. Every once in a while, it sees some volatility but that is very rare. Should it make a new ATH before entering the box, then wave 4 is likely already over and was very short. This is not my primary thought process but nonetheless it is very possible.by TSuth6
DRIP: Breakout Potential from Symmetrical Triange!DRIP is showing signs of a breakout from a symmetrical triangle pattern on the 30-minute chart. Entry is set at the yellow line ($11.62) with the following trade parameters: Stop Loss (SL): $11.42 (below lower trendline support). Target 1 (T1): $11.97 (red resistance line). Target 2 (T2): $12.33 (green resistance level). Monitor volume for confirmation of breakout momentum.Longby ProfittoPath0
$SPY December 27, 2024AMEX:SPY December 27, 2024 15 Minutes. As expected, 602 gave resistance and AMEX:SPY managed to hold 597-598 yesterday. I expect a move today after 2 days consolidation. I will go long above 603 for a 3 to 4 $ move towatds 608-609 levels. Provided 597 is held today. A close below 597 will result i a 2$ trade. Possible. I prefer to go long above 602.6 - 603 for the day. Longby RiderTrader115
SPY Eyeing a Breakout! Scalping, Swing & Options StrategiesMarket Structure: * SPY is trending within an ascending wedge pattern, holding above key EMAs (9 and 21), suggesting bullish momentum with caution near resistance levels. * Current price at $600 indicates a consolidation phase near critical Gamma resistance levels, with the potential for a breakout or pullback. Key Levels to Watch: * Support Zones: * $598: Immediate support, aligned with the Gamma 2nd PUT wall. * $597: Strong support from the Gamma 3rd PUT wall and wedge base. * Resistance Zones: * $602: Critical resistance; breaking above signals bullish continuation. * $604: Next resistance target near Gamma levels and technical confluence. Indicator Insights: * MACD: Flat but in bullish territory; watch for crossover to confirm momentum. * Volume: Declining during consolidation; expect a spike for a breakout or breakdown. * Options Oscillator: IVR (2.6) indicates low implied volatility, favoring directional plays near GEX levels. Scalping Strategy: 1. Bullish Setup: * Enter on a break above $602 with high volume. * Targets: $604 and $606. * Stop Loss: Below $601. 2. Bearish Setup: * Enter on a breakdown below $598 with bearish momentum. * Targets: $597 and $595. * Stop Loss: Above $599. 3. Tools to Use: * Use RSI and VWAP for intraday momentum confirmation. * React quickly to price action at Gamma-determined levels ($598, $602). Swing Trading Strategy: 1. Bullish Scenario: * Enter on a daily close above $602 with volume confirmation. * Targets: $604 and $606 for a short-term swing. * Stop Loss: Below $600. 2. Bearish Scenario: * Enter if SPY closes below $598 and sustains bearish momentum. * Targets: $595 and $590. * Stop Loss: Above $599. 3. Indicators to Monitor: * EMA (9/21) for momentum confirmation. * Volume spikes to confirm direction near key levels. Options Strategy Based on GEX: 1. Bullish Options Play: * Buy a Call Option with a $600 strike expiring in 1-2 weeks. * Target: Exit near $604 or $606. * Stop Loss: Close the trade if SPY falls below $598. 2. Bearish Options Play: * Buy a Put Option with a $598 strike expiring in 1-2 weeks. * Target: Exit near $597 or $595. * Stop Loss: Close the trade if SPY rises above $599. 3. Neutral Strategy: * Sell a Put Credit Spread at $598/$596, profiting from SPY staying above $598. * Maximum profit achieved if SPY remains above $598 by expiration. 4. Advanced Gamma Strategy: * If SPY holds above $602, consider selling a Call Spread at $604/$606 to collect premium while capping risk. Actionable Plan for SPY: * Scalpers should focus on intraday moves between $598 and $602, with quick reactions to price action. * Swing traders can capitalize on breakouts above $602 or breakdowns below $598 with clear targets and stops. * Options traders should leverage low IV and GEX levels for directional or neutral premium-selling strategies. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly. by BullBearInsights7