$SPY Analysis, Key Levels & Targets for Day Traders for Feb 10 2AMEX:SPY Analysis, Key Levels & Targets for Day Traders for Feb 10 2025
Alright, so 35EMA is right at the 30min 200MA. This is a critical level and in SPX we’re bearish already and looking for a follow through.
Expected move today 595-606
5 Day moving average underneath us and 1hr 200MA in range as well.
Downtrend above everything - and a red signal line.
I’m looking for a close near the 50DMA.
SPY trade ideas
$SPY February 12, 2025AMEX:SPY February 12, 2025
15 Minutes
Yesterday Gap down not held.
Low was not broken.
For the last rise 603.1 to 605.85 4SPY need to hold 604 levels today for uptrend to continue.
On downside we have strong support at 603 levels being 200 average and 9 day moving average in daily and 600-601 being 21 days in daily.
So, I see a range trade today between 603 to 606.5 ot 607 levels on upside.
SPY: ReconsolidationThe SPY is reconsolidating again - looks like a another bullish flag. This channel looks cleaner (with more bullish features) than the last consolidation which had a wider band (more volatility) and more balanced characteristics (in terms of candles/volume). I suspect the market is looking for a bullish catalyst (maybe president signing tax/business reforms/tariff deals getting ironed out). Longer 3 month trend remains bullish. Bigger buyer than seller here.
$SPY Analysis, Key Levels & Targets for Day Traders Feb 11 25
Ok. Today’s implied move 601 - 609 (so 600-610 if you’re selling spreads)
It’s looking as if futures will open UNDER the 30min 200MA, which could give us that 35EMA cross down and then we will be bearish. We got a little technical bounce yesterday but it was on low volume and looks weak in the indicators. So look for that 35EMA cross down.
50 Day moving average is near the bottom of the trading range under the implied move on the day and at the bottom of tomorrow’s implied move so that is a target to keep in mind.
SPY/QQQ Plan Your Trade For 2-11 : GAP DefenderThe GAP Defender pattern is where price struggles to maintain a recent open GAP - attempting to defend against closing that GAP.
In my mind, this is the lower GAP window between 601.30 and 602.75 (yesterday's opening GAP range).
If this recent gap is filled, then I suggest the SPY will attempt to move downward (into my Deep-V breakdown) trying to target the lower GAP near 584.29.
Watch Gold and Silver as they continue to breakdown. Any big breakdown in metals should be considered a warning sign the markets are moving into a PANIC phase (selling).
We have lots of news today (Powell and other Fed members testifying) while we just found out Trump initiated a larger tariff on steel. I believe the strength of the US Dollar will continue to put pressure on global currencies - possibly leading to even more foreign market distress. This may result in a broader global market breakdown over the next 5-10 trading days.
Remember, we have the Deep-V pattern setting up this week and another Major Bottom pattern setting up on Feb 21. I interpret this as a dual-breakdown event - where price attempts to move downward and tries to identify solid support.
Bitcoin will likely follow this trend downward over the next 5 to 10+ days.
Buckle up.
It looks like today may be the day my Deep-V breakdown starts to drive prices lower for the SPY/QQQ and other major sectors.
We'll see how things play out.
Get some.
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$SPY Options - Bull & Bear | February Week 2We have been range bound the last three weeks. Sellers are starting to exhaust buyers more quickly than before. We are leaning bearish but confirmation is king. We use 15-30 minute candle closes for confirmation and stop-loss.
Should there be a significant pullback, $580 and $560 are major floors of support.
Here are our bull and bear options for this week:
$600 PUT 2/24
Entry: Confirmation of breakdown under $603.44 (OR harsh rejection at $606)
🎯Target: $600 ($603.44)
$608 CALL 2/24
Entry: Confirmation of breakout over $606
🎯Target: $607, $608
Here's how last week's options went:
📜 AMEX:SPY $605 Call 2/21
$500 → $770 (+54%)
📜 AMEX:SPY $605 Call 2/18
$350 → $645 (+84%)
$SPY February 11, 2025AMEX:SPY February 11, 2025
15 Minutes.
AMEX:SPY faced resistance around 604-605 levels being 61.8% retracement number.
We have 3 values.
The rise from 600.05 to 605.5
The last rise from 603.21 to 605.5
And the fib extension 600.05 to 605.36 to 603.21
For the first rise important to hold 602 levels to continue uptrend.
For the second number being the latest rise must hold today 604 levels.
A close below 604 will be supported by 602 levels. So not a day to short.
If we take the extension move, we have targets between 606 to 608 today.
Once 608 is broken and held at least 15 minutes the target will be 611-612 levels.
SPY/QQQ Plan Your Trade Update - Watching Paint Dry...Today's market seems to be trapped in a "go nowhere" zone.
Get thread though. The markets will react to my Deep-V and Breakdown patterns with some aggression in the near future (24 to 48+ hours).
Buckle up.
This is going to get very interesting as the SPY attempts to move down to 585-590 - or lower.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
SPY Technical Analysis & GEX InsightsMarket Overview
SPY is experiencing a pullback within an overall uptrend structure. The price is testing a key support zone near $600, while options gamma positioning indicates pivotal areas for potential reversals or continuation moves.
Technical Analysis
1. Trend Analysis:
* SPY recently broke below a short-term ascending wedge pattern, signaling a corrective phase.
* Price is now consolidating near $600, a significant support level.
2. Support and Resistance:
* Immediate Support: $600 (HVL zone and round number psychological level).
* Secondary Support: $595 (put wall support and prior consolidation zone).
* Resistance Levels:
* $606 (local resistance within the channel).
* $610 (key breakout level / gamma resistance).
3. Indicators:
* MACD: Bullish crossover forming, suggesting a potential reversal if momentum sustains.
* Stochastic RSI: Rebounding from oversold conditions, aligning with near-term bullish sentiment.
* Volume: Increasing on the pullback, indicating participation by buyers at lower levels.
4. Price Action Insights:
* A hold above $600 would favor a bounce toward $606-$610.
* A breakdown below $600 could lead to a sharper decline toward $595 or $590.
Gamma Exposure (GEX) Analysis
1. Critical GEX Levels:
* Call Walls:
* $610: Major resistance with 59.88% call gamma exposure.
* $620: Highest positive gamma wall, marking the bullish target for continuation.
* Put Walls:
* $600: Strong put support level, aligning with HVL.
* $595: Secondary put gamma support, reinforcing downside defense.
2. Options Oscillator Metrics:
* IVR (Implied Volatility Rank): 17.7, indicating relatively low volatility.
* IVx (Implied Volatility): 16.4% average.
* Call/Put Dollar Ratio: 83.9% skewed heavily toward puts, reflecting bearish sentiment.
3. Implications:
* Strong gamma concentration at $600 suggests significant market maker activity, potentially stabilizing the price.
* A close above $606 would align with unwinding of bearish positions, opening upside potential toward $610 and $620.
Trade Setups
1. Bullish Setup:
* Entry: Above $606.
* Target: $610, $620.
* Stop Loss: Below $604.
2. Bearish Setup:
* Entry: Below $600.
* Target: $595, $590.
* Stop Loss: Above $602.
Conclusion
SPY is trading at a pivotal support zone near $600. Options gamma positioning and technical indicators suggest potential for a bounce, but a break below $600 could accelerate bearish momentum. Monitor the $606 resistance for upside confirmation and $595 for downside risk.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
S&P 500 - exciting trading week aheadThe S&P remains in a range. On the last trading day of last week we saw a stronger sell-off, which formed a bearish engulfing. Today's opening will be decisive.
The last high and low pivots should be kept in mind.
The range is an expression of the current indecision. I will pay particular attention to individual stocks that have shown high relative strength in order to recognize early signals here.
A good trading week to all!
$SPY February 10, 2025AMEX:SPY February 10, 2025
15 Minutes
For the rise 595.99 to 608.13 AMEX:SPY retraced 61.8%. So, 601-602 is a good level to go long with SL 598.
Since the retracement was 61.8% double top is possible around 607-608 levels.
So looks good R:R ratio.
Foe the fall 6018.13 to 600.65 need to cross 605.5 for uptrend.
Hence 601-602 buy will have a target 604-605 levels.
But AMEX:SPY at the moment is below moving averages with 200 and 50 being around 603 to 604 levels which i expect to be resisted.
Hence no trade today.
Prepare for SPY Declines as Market Faces Resistance Levels- Key Insights: SPY is currently facing bearish pressure with lower highs and
lower lows, and a significant resistance zone lies between $608 and $610.
Support appears strong in the $595 to $600 range, which could present buying
opportunities. Investors should remain vigilant to avoid potential declines
below these support levels and watch for external factors that could
influence market dynamics.
- Price Targets: Next week targets are T1 at $595 and T2 at $580. Stop levels
are S1 at $605 and S2 at $610.
- Recent Performance: SPY has recently closed down 0.92%, grappling with bearish
tendencies while managing to stay above critical support areas. The
struggles at resistance levels indicate a need for caution in current
trading strategies.
- Expert Analysis: Market experts suggest that the introduction of tariffs may
push SPY down toward the $595 range, reinforcing the significance of the
support levels identified. The sentiment is mixed, given the current
struggles alongside broader indices like QQQ, which reflect a similar
pattern.
- News Impact: Significant geopolitical developments, particularly regarding
trade tariffs and economic indicators, are expected to affect SPY's
momentum. Any announcements related to these areas could prove crucial in
determining SPY's immediate direction in the coming week.
$SPY: Three timeframe analysis, One Chart Pattern, Sentiment📢!Hey there!
#Tariffs negative news drives bearish sentiment. Is it just mass media noise? And Mr. Market will continue up?
WHY?
Let's have a look at the charts:
1. 📈We are in a bullish trend on a weekly and monthly basis, meaning long-term and mid-term, yet in a bearish on a daily one, a ka short-term
2. 🤓The bullish Flag pattern has formed. Yeah, I know; how do you qualify it? For this theoretical exercise only visually, but for anything more serious, Bukowski starts, or you may want to run your own tests.
3. 🍒And the cherry on top: Bearish sentiment is significantly higher than the historical average, standing at 42.9% (2/5/2025) compared to 31.0%. On my side, it means that we might be in for a heavy short squeeze for a couple of days.👋Just observations, not advice
For now, enjoy Super Bowl Sunday! 🏈
S ource of the screenshot: AAII Investor Sentiment Survey, www.aaii.com
$SPY Analysis, Key Levels & Targets for Day Traders for Feb 7 20AMEX:SPY Analysis, Key Levels & Targets for Day Traders for Feb 7 2025
Alright, y’all, ATH’s are back in the trading range today.
We have a downtrend line off of ATH’s midway through the range and then ATH’s, and 612 as the top of the implied move for the day.
Underneath we have the 35EMA -which we bounced on yesterday - and the 30min 200 for support.
Under all of that we have the 50 Day Moving average.
Easy Trading range today.
Bullish moving averages but they are close together and that means that could change.
S&P 500 Forecast for 2025: Insights from Stock Market CyclesAMEX:SPY
CME_MINI:ES1!
SP:SPX
January Barometer: The month of January has already closed with a net gain over December. Therefore, in accordance with the January Barometer this suggests a positive year.
First Five Days Indicator: The first five trading days being positive further supports this outlook. Although they were barely positive at +0.6% it still counts.
December Low Indicator: This indicator is bearish if the December low is taken out in Q1 of the year. Unfortunately, the December low was already breached in January, which adds a note of caution. We now have two bullish indicators and one negative indicator.
Presidential Cycle: With 2025 being the first year of a presidential term, historically this has been bearish for the stock market. It brings uncertainty, which may temper expectations. This is the year where presidents typically enact changes and tough fiscal measures, although president Trump may prove to be atypical here; especially if he enacts any of his tax policies, rate cuts or large government spending programs this year. So, while this indicator is bearish, it has a caveat given how unorthodox Trump is as a president. For example, in 2016 the stock market was very volatile but still gained 10% under Trump’s first term year.
Outlook: Combining these factors, the outlook for 2025 is cautiously optimistic. While the January barometer and the first 5 days indicator point to a positive year, the breach of the December low coupled with this being the first-year of a presidential cycle suggests a volatile to bearish year. When combining all indicators we arrive at the conclusion that we are in for a volatile RANGE year. The bulls and bears will battle it out in a tug of war. While January-April tend to be seasonally bullish, May-October tend to be bearish. November and December are seasonally bullish too. So whether the year closes with a slight gain or slight loss isn’t the focus. The best approach for this year is to capitalize on the swings. Therefore, mean reversion strategies (buy low, sell high) are ideal. Momentum and breakout strategies should be avoided. Finally, avoid being caught in a drawdown in the May-October period and position yourself to capitalize on the Nov-Dec seasonally bullish period.
4HR FVG told us early So in looking back to the four hour chart today, it was super interesting to see how we feLL right back into the 50% FVG from yesterday's bullish run up. I saw this set up on the four hour timeframe and it's just interesting how these confluences can align with each other.
My bullish fvg is blue and bearish is purple