Get started

ETF market

$SPY September 10, 2024AMEX:SPY September 10, 2024 15 Minutes. As expected, 546-547 done. not to short as it broke, retraced back to top of channel and bounced back from 544.19. So, for the fall 547.72 to 544.19 holding today 545 levels we can see uptrend probably to 550-552 levels being 200 averages. 539 levels formed a base as discussed couple days ago. So, for the rise 539.44 to 546.39 to 542.69 we have 533-554 as 1.6 times extension. For the rise 542.69 to 547.72 we have 544.6 as 61.8% retracement. Hence this number 544-545 is important for today to hold for 550-554 levels.
AMEX:SPYLong
by RiderTrader
15
SPY - large timeframe trend Another cluttered chart to publish. I put all this information on a chart for my reference… I like a lot of reference😊 I realize it can look chaotic to some, so I will explain my train of thought the best I can. Most of you will know this already. Purple rectangles represent gaps in the chart. The ones not closed yet are labelled with when I think they will be traded through. I believe there will be a last push up on SPY in the next 2 quarters or so...so, I do have a couple fractals // one for each warning. My intention at the moment is to dca out into cash sometime in Q2 of 2025 and play the charts from there. If we go higher than 610 I’ll adjust from there. If I dca out too early, so be it. The last year was phenomenal and I don't mind being out/sniping for a year. Angled purple trend lines should be self explanatory with the labels they have. The 1st angle (at least with my current thesis) does not intersect SPY price action until Q4 of 2025, which is the closure of the May 2024 gap at around 507. That kind of drop is reminiscent of a Jan 2022 to fall of 2022 decline and I intend to explore that thesis more in further posts. My timing is grounded in the US 2 year/10 year yield curve un-inversion and hitting an interest rate of 3.75-4.0 by June/July of 2025. If there is no decline leading up to then, I will of course re-evaluate and stay longer in the market. I was lucky enough to be out of most positions mid July this year. I call it lucky because the decline came sooner than I would have expected. That being said, I have already started to dca into the usual suspects (most of the mag 7) as a start during the Aug 5th dip. We had a Civic holiday up here Aug 5 while the market was still open! Was able to concentrate quite well!! I have also started positions in smaller caps…WSO, ONTO, FTI, DECK, APP, MLI. I believe with the interest rate drop this Sept and forward, these smaller cap companies will benefit. I missed the pumps on PSN, NTNX and others but did catch a good number of smaller caps through earnings and did allright .:) Anyway, back to the chart…The green scribbles and blue arrows look like a resurgence in volume. If CPI this Wed the 11th and FOMC on the 18Tth are favourable I may discount a further dip into October entirely and ride the 3rd angle up as far as she dares to go. Vertical lines are also self-explanatory for the most part. FOMC dates of course… Also I like to put the SPY rebalancing dates. Usually, companies that are announced to join are revealed 2 weeks or so before inclusion. If it is a company I own and believe in long term I try to remember to buy a nice little chunk before the announcement. This year it worked out for me in owning PLTR. That was sweet. I have noted the SAHM rule trigger July 1st and as we all know, again, the 2y 10y is back to normal…which me thinks gives 5-9 months before the fan gets dirty…😊 I wish you all well good people.
AMEX:SPY
by Mr_Robbers
Short XLK @ the 50 day ma 221.28Hey guys what a week huh SPY target was 454 then they came out with saying the consumer u and I are resilient and Walmart rallied cause U and I are going their instead other stores cause why it cheap u clowns and last week 4 small banks come out say they are 4 billion in debt no one paying it back lot on car loans etc. So lets see how far we pull back or see do we give it all back their is a very very good chance we do hit 91 again XLK . Shorted why lower highs and vol heading down as we go into the 50 day MA. Know this can go higher how stock buy backs lets just see though we drop from here that gonna make another lower high on all indices. Comments welcome I like to thank all that follow me I try give best TA information I can I would not be buying up here I swing trade.
AMEX:XLKShort
by john12
1
$SMH - Can 200DMA save it?NASDAQ:SMH On August 12, I posted that SMH could be forming a head and shoulders pattern. Fast forward to today, it is close to forming the right shoulder. However, can the 200DMA, which has previously provided support, save it from breaking down? It remains to be seen. Like any pattern, a Head and Shoulders can be invalidated if it fails to break down below the neckline. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
NASDAQ:SMH
by PaperBozz
Master Trading with Heiken Ashi Candles in 11.32 minutes Let’s talk about how to DOMINATE the market using Heiken Ashi candles for perfect entries and exits! This is where your trading game levels up. First, when those candles start turning smooth and green with no wicks at the bottom, that's your entry signal! It’s like the market saying, "Hop on, this train is about to take off!" You ride those green candles as long as they stay strong and wick-free at the bottom. Now, here’s the key – watch for red candles starting to form with wicks on top! That’s your signal to EXIT! Don’t get greedy, secure those gains, and get out before the market turns against you. With Heiken Ashi, you get smoother trends, cleaner signals, and better trades! Enter with confidence, exit with precision, and OWN the market! That's it, fast and powerful! Now go crush those trades!
AMEX:SPYEducation
by Deno_Trading
3
SPY/QQQ Plan Your Trade for Sept 9 : GapUp-Higher Counter TrendPay special attention to this video and prepare for what I believe will be a type of Flash-Crash event starting near Sept 20-24. Now is the time to start moving more capital into CASH. Prepare for this potential downside price move of -9-14% by protecting your capital. Yes. There will be bigger opportunities near the bottom of this moderate Flash-crash event. No, you don't want to watch your assets fall 10-15% over the next 60 days. The solution is to move into a more protective allocation mode (70~80% CASH) over the next 5 to 7 days and then ride it out. Remember, I'm here to try to help you become a better trader. I tell you want I see and I live or die by my output. I'm not always 100% accurate. But I do believe the markets are going to move into a type fo Flash-Crash event over the next 45+ days and I believe the best way to prepare for this event is to load up on dry powder, trade smaller amounts for now, then look for opportunities near the bottom. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
6
Russell/SPX Divergence Indicating a Market Cycle TopThe stock market continues to make new highs and is finishing the final touches in this topping process. The problem is the Russell is failing to make new highs. We can see before every stock market crash was accompanied with the SPX/NDX/DJI making new highs while the Russell makes a lower high. This occurred during 2008, 2022, and it could be happening right as we speak. The Russell failing to make new highs suggest that the topping process is underway and we will be getting a powerful stock market crash.
AMEX:IWM
by justaturboman44
1
$SPY September 9, 2024AMEX:SPY September 9, 2024 15 Minutes. AS expected, AMEX:SPY being under all moving averages in 15 minutes kept on making lows for 2 days. Now if we consider the fall 551.58 to 539.44 then 544-546 is a good level to short. I will but only above 565 at the moment. If we take the rise from 510 to 564 AMEX:SPY has retraced 50% of the move. Now holding 530 is important as it is the 61.8% retracement for the move. 536 looks a good target now as it is also 100 averages in daily time frame. The oscillator in 15 minutes is making lower low along with price. 200 averages in 15 minutes are around 553 levels. So, at the moment downtrend in 15 minutes.
AMEX:SPYShort
by RiderTrader
3