Opening (IRA): SPY May 16th 385 Short Put... for a 4.04 credit.
Comments: High IVR, >21 IV. Sticking a little pickle in here, targeting the strike paying around 1% of the strike price in credit which is quite a bit out of the money at the 8 delta.
Metrics:
Buying Power Effect/Break Even: 380.96
Max Profit: 4.04
ROC at Max: 1.06%
50% Max: 2.02
ROC at 50% Max: .54%
SPY trade ideas
Spy what I see with my little eyeTraders,
Fear, trade wars, WW3, Tariffs and a bunch of I told you soo's..... "You voted for this!" just a bunch of chirping. Because this man got to being a billionaire being a silly goose yeah? What happens when them 401k's start 3x'n, what happens when we see one of the biggest bull markets we have experienced in our lifetime?
I don't know much but I know this..... the bull market may not be over. Just taking a break!
Enjoy the hopium!
Stay Profitable!
Savvy
Trumpenomics - Market Volitility - How low will it go?What we know:
When Trump entered office he said the stock market was too high and he was not investing in the markets.
The Tariffs have caused volatility and a decline in the markets.
Market drops in the past have been between 30% and 60%.
How far do you think the market will drop this time?
SPY/QQQ Plan Your Trade For 4-3 : GAP Breakaway PatternFirst off, thank you for all the great comments and accolades related to my calling this breakdown (nearly 60+ days ago).
Did I get lucky having these new tariffs announced, causing the markets to break downward? Probably.
Did my research suggest the markets were going to break downward anyway? YES.
Did my research predict these tariffs? NO.
My research is specifically price-based. You'll notice I don't use many indicators, other than my proprietary price pressure and momentum indicators.
The purpose of what I'm trying to teach all of you is that price is the ultimate indicator. You can use other indicators if you find them helpful. But, you should focus on the price chart and try to learn as much as you can from the price chart (without any indicators).
Why, because I believe price tells us everything we need to know and we can react to price more efficiently than getting confused by various technical indicators.
At least, that is what I've found to be true.
Today's pattern suggests more selling is likely. After the markets open, I suggest there will be a bunch of longs that will quickly be exited and shorts that will be exited (pulling profits). Thus, I believe the first 30-60 minutes of trading could be extremely volatile.
My extended research suggests the markets will continue to try to move downward (over the next 60+ days) attempting to find the Ultimate Low. But, at this point, profits are profits and we all need to BOOK THEM if we have them.
We can always reposition for the next breakdown trade when the timing is right.
Gold and Silver are moving into a PANIC selling phase. This should be expected after the big tariff news. Metals will recover over the next 3-5+ days. Get ready.
BTCUSD is really not moving on this news. Kinda odd. Where is BTCUSD as a hedge or alternate store of value? I don't see it happening in price.
What I do see is that BTCUSD is somewhat isolated from this tariff news and somewhat isolated from the global economy. It's almost as if BTCUSD exists on another planet - away from global economic factors.
Still, I believe BTCUSD will continue to consolidate, attempting to break downward over the next 30+ days.
Remember, trading is about BOOKING PROFITS and moving onto the next trade. That is what we all need to focus on today.
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/QQQ Plan Your Trade For 4-4 : Breakaway PatternToday is a very interesting day because my MRM investment model turned BEARISH on the Daily chart. That means we have broken through major support because of this tariff war and the markets are not OFFICIALLY (based on my models) into a Daily BEARISH trend (or a Daily Broad Pullback Phase).
What that means is we need to start thinking of the markets as OVERALL BEARISH and trying to identify support - or a base/bottom in the near future.
This is no longer a BULLISH market - everything seems to have flipped into a BEARISH primary trend (OFFICIALLY).
So, watch this video to understand how Fibonacci price levels will likely play out as the SPY targeting the 500-505 level (possibly lower) and where the same Fibonacci price levels will prompt the QQQ to target 395-400.
BUCKLE UP. This is a BIG CHANGE related to overall market trend.
Gold is holding up much better than Silver. But I still believe this is a PANIC selling phase in Gold/Silver and they will both base/recovery and RALLY much higher.
The funny thing about the cycles in Gold/Silver is this:
In 2007-08, just after the major expansion phase completed, the Global Financial Crisis hit - prompting a large downward price rotation in metals.
Maybe, just maybe, this forced tariff war issue is a disruption that will "speed up" the process of metals rallying above $5000++ over the next 60+ days.
I see this move as PHASES and it appears the tariff disruption may prompt a faster Phase-Shift for metals over the next few months. We'll see.
BTCUSD seems to be in SHOCK. It's really going nowhere on very low volume.
If BTCUSD is a true hedge or alternate store of value - I would think it would have an upward reaction to this selling.
We'll see how this plays out.
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: TA-Market Chaos Calls for Smart Eyes, Not Just Smart ChartsThe market isn't playing fair lately. Classic TA setups are getting invalidated. Support zones crumble in seconds. Even golden cross setups fizzle out.
But this isn’t the time to quit—it’s the time to get tactical.
When technicals break, the silent signals from the options market become louder. That’s where Gamma Exposure (GEX) step in. This week, we saw aggressive institutional repositioning, unexpected volatility, and coordinated rotations into both risk and safety assets.
Let’s talk about SPY, our macro compass. Then we’ll dive into stock-specific GEX sentiment and options setups that still offer alpha.
🔎 SPY – Institutional Tug-of-War
Trend: SPY is forming a falling wedge, which could break either way. Price is sitting just above $500, after tagging the Highest Negative GEX / PUT Wall around $505–$502, which held on Friday.
GEX & Options Flow:
* PUTs at 84.7% dominate the board.
* IVR is 121.8, showing high implied volatility demand.
* Strong support from PUT walls at $502, while CALL resistance at $547–$551 could suppress any upside.
Outlook:
* If $502 breaks, momentum could drag us toward $490 or even $475.
* Bulls need to reclaim $520, flipping the key Gamma Wall.
Strategy Suggestion:
For options, consider SPY put spreads if below $505, or long SPY calls above $520 for quick squeezes—preferably with tight expiry (0DTE or 2DTE) to ride the gamma wave.
SPY LongSPY Long and Neutral
Down 9% in 2 days, near demand Zone,
Long entry 513
no Stop ,
Target 530
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Sell SPY 250417 P500, Limit 11.31,
Delt= -0.37, expire in 13 days.
No stop, willing to buy SPY at 500 after 15% down from the top, for long term investment
SPY Long and NeutralCurrent demand Zone confirmed, sell put below next demand zoon
Long entry 506
no Stop ,
Target 530
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Rollercoaster Continues For SPYMy overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I am estimating this symbol to be in wave position SuperCycle 2, Cycle A, Primary 1, Intermediate 3 (pink), Minor 3 (yellow), Minute 3 or 4 (green). I originally had this symbol nearly complete with Primary wave 1, but the continued declines received significant wave 3 of 3 signals (pink lines in bottom chart band). It is still unclear if we are in my theoretical larger decline or if we are in a simple corrective wave. It will take at least another two months to likely achieve the answer.
Theory 1 is my hypothesis where we are about to finish Minor wave 3 in Intermediate wave 3 in Primary wave 1 in a multi-year market correction. This would see SPY bottom around 486 within two weeks and briefly head up toward 535 before continuing significant downward movement. Currently Intermediate wave 1 lasted 111 trading hours. Intermediate wave 3 is somewhat on pace to finish in the same amount of time around 17 April. Extensions based on Minor wave 1's movement could put Minor wave 3's bottom around 499.
Theory 2 is that Intermediate waves 1, 2 and 3 (pink) are actually waves A, B, and C (white) in a short-term corrective wave. This would mean this symbol returns to all-time highs around the fall of 2025.
Theory 3 places the stock in the third wave about to finish a wave A down over the next two months. Wave B up would last a few months before wave C takes the market to a bottom sometime around the end of 2025.
All three theories will observe the same movement over the next few weeks with a low soon and then a bounce up. Theory 2 becomes the likely winner if SPY breaks above 576.33 within the next 3 months. Theories 1 and 3 will trade the same for quite some time.
I will reevaluate this ETF once Minor wave 3 finishes. It should aid in providing a better bottom for Intermediate wave 3 in the next two weeks.
Spy I think we have one more leg down to 538-540 before earnings season kicks off next week ..
NASDAQ:QQQ and TVC:DJI showing same chart
I will update this more later but I wanted to get this out before market closes... Of course if we gap above trendline resistance and CLOSE above it the the resistance is negated .
Another, you see that gap from March 14th that the spy and Qqq closed? Well the Dow Jones gap is still left open and TVC:NYA
Using The CRADLE Pattern To Time/Execute TradesThis simple video highlights one of my newest pattern definitions - the Cradle Pattern.
In addition to the many other patterns my technology identified, this Cradle Pattern seems to be a constant type of price construct.
I'm sharing it with all of you so you can learn how to identify it and use it for your trading.
Ideally, this pattern represents FLAGGING after a trend phase.
It is a consolidation of price within a flag after a broad trending phase.
It usually resolves in the direction of the major trend, but can present a very solid reversal trigger if the upper/lower pullback range is broken (see the examples in this video).
Learn it. Use it.
Price is the ultimate indicator.
Learn to read price data more efficiently to become a better trader.
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 short term top downside from $521 to $481AMEX:SPY is looking like it put in a short term top here. I originally only thought that we had the potential to fall to $545 or so, but now looking at the chart, I think we have the possibility of falling farther.
The two targets that I'm looking for on the downside are $524.35 and 481.18.
Let's see if they get hit over the coming weeks.
If they hit, it'll be the ultimate buying opp as I think from there, we're likely to see SPY over $700 in the coming year or two.
SPY Battle Zone: Bulls vs. Bears at 6M Low ($510.27)📈 SPY Trade Setup – Key Reclaim or Rejection at $510.27 🔥
Ticker: SPY
Timeframe: 1H
Setup Date: April 7, 2025
🧠 Idea Summary:
SPY has recently bounced from oversold conditions and is approaching a critical level at $510.27, which is the 6-month low. Price action at this level could dictate the next major move. Here's how I’m planning this setup:
🟢 Scenario 1: Long Setup
Trigger: SPY reclaims and holds above $510.27
Confirmation: Retest and bounce from $510.27 as new support
Target: Move toward the next key resistance at $537.75 (Y Mid)
Stop: Below $508 for risk management
🔴 Scenario 2: Short Setup
Trigger: SPY fails to reclaim $510.27 and faces rejection
Confirmation: Lower highs and rejection candles under resistance
Target: Drop toward $466.43 (Y Low)
Stop: Above $512 or structure high
📊 Indicators Watching:
Dynamic Support & Resistance
Neon Momentum Waves – signaling potential short-term reversal or bounce
📌 Notes:
$510.27 is the key inflection point.
Momentum and volume confirmation are crucial.
Be patient and let price confirm your bias.
🔔 Let me know in the comments how you’re playing this level – are you leaning long or short?
👍 Like & Follow for more setups!
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Always do your own research and consult with a licensed financial advisor before making any investment decisions. Trading involves risk, and you should only trade with capital you can afford to lose.
#SPY #SP500 #TradingSetup #TechnicalAnalysis #SwingTrade #MarketWatch #SupportResistance
SPY at the Edge! Will Buyers Step Up or Is More Blood Ahead?🔥 🚨
Market Structure Insight
SPY is currently in a sharp descending channel, respecting both the upper and lower trendlines. After a clean Break of Structure (BOS) at 546.97 and a failed CHoCH attempt, the price accelerated downward and is now hovering just above a key psychological round level near $500.
The most recent BOS confirms a bearish continuation, but the current price is sitting at the bottom of the channel, where a short-term bounce may occur if momentum slows down. We're in the discount zone—a key area Smart Money often targets for reversals.
Smart Money & Technical Zones
* Resistance zone: $546.97 (last BOS area)
* Support zone: $502.19 (recent swing low)
* Channel bounds: Top near $550–560, Bottom near $500
MACD is starting to curve upward while Stoch RSI is lifting from the oversold zone — potential signs of a short-term relief rally. However, there’s no CHoCH yet to confirm a structural reversal.
GEX & Options Sentiment Breakdown
* IV Rank: 121.8 → Elevated implied volatility, prime for option premium selling.
* IVx avg: 53.1 → Still rising, shows fear entering the market.
* PUTS Dominate: 84.7% of options flow are puts.
* GEX Bias: Strong negative gamma exposure, indicating dealer selling accelerates downside moves.
* Key Support Walls:
* $520: Highest negative NETGEX / Put Support.
* $500: Second Put Wall with -76.41% pressure.
* Resistance Walls:
* $547: HVL and minor call resistance.
* $560: 3rd CALL Wall, minimal resistance at 1.26%.
Dealers are heavily short gamma, suggesting large directional swings and continued volatility.
Trade Setups
Scenario 1 – Dead Cat Bounce (Bullish Relief Rally)
* Entry: Above $510 with confirmation of strong volume or CHoCH.
* Target 1: $520 (first structural test).
* Target 2: $546–$551 HVL rejection zone.
* Stop Loss: Below $502
Scenario 2 – Bearish Continuation
* Entry: Rejection at $510–$520 zone or breakdown of $502
* Target 1: $495 psychological level
* Target 2: $485–$475 (overshoot flush level)
* Stop Loss: Above $522
Investor Strategy Insight
Long-term investors should remain cautious until SPY shows structural strength above $546. Until then, dollar-cost-averaging with tight capital allocation could be safer. This environment favors option sellers due to elevated IV, or high-conviction intraday scalping on well-defined levels.
Outlook & Mindset
This week is dominated by uncertainty—rising global tariffs, geopolitical risk, and credit tightening all weigh on risk-on sentiment. SPY may enter a volatile range-bound phase between $500–$550, until new macro data shifts sentiment.
If you’re trading SPY this week, don’t try to catch the knife. Wait for confirmation candles or volume shifts, and be nimble with risk.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk responsibly.
SPY with the cluster resistance rection! boost and follow for more 🔥 spy continues to break below the 557 level pivot level, I sold all my shares on the first break below last friday and have not added any back this week.
that reclaim of 557 pivot level this week only led to a cluster resistance rejection which was another bearish sign, I dont like longs right now unless we reclaim 446. for now bearish action can continue.
we will see I will keep monitoring SPY as always! GLTA
SPY Technical Breakdown & Macro Context1. Big-Picture Narrative
There’s increasing talk of a “104% China Tariff,” bringing back memories of Donald J. Trump’s 1988 loss in a piano auction to a Japanese buyer—an event some speculate influenced his later calls for high import taxes. Fast-forward to today, and concerns about renewed tariff escalation add extra pressure on the markets. The user’s view: unless there’s a political shift—where Republicans become more concerned about broader voter sentiment than aligning with Trump—this could drive the S&P 500 down to 3000. While that is quite a distance from current levels, it underscores how aggressive policy moves (tariffs, trade wars) can weigh heavily on equities.
2. Hourly & Daily Chart Overview
Short-Term (Hourly)
Price has trended steadily downward, with each bounce finding new sellers at lower highs.
Key Levels on the chart include:
510.84 (L. Vol ST 1a) – A noteworthy pivot-turned-resistance.
498.01 (L. Vol ST 2a) – Important resistance-turned-support level that recently broke.
485.18 (H. Vol Sell Target 1a) – Currently acting as near-term support.
472.35 (Weeks High Short) – Further support below 485.
Longer-Term (Daily)
The broader trend remains bearish, with high-volume selling in the last few sessions.
RSI on the daily is dipping into the 30s, indicating oversold conditions—but remember that oversold can persist in a strong downtrend.
Elevated ATR (14) around 16 suggests volatility remains high; large intraday swings can occur.
3. Possible Trade Setups
A) Bearish Continuation (Primary)
Entry Trigger:
A failure to reclaim 498 (L. Vol ST 2a) or a decisive break below 485.18 on strong volume.
Profit Targets:
First Target: 472.35 (Weeks High Short)
Second Target: 459.52 (Half 1 Short) for a larger downside move
Extreme Target: If policy missteps intensify and no political moderation occurs, the user foresees a slide to S&P 3000—an extreme scenario but a reminder of how macro risks can extend a downtrend.
Stop Loss:
Just above 500–502 if you’re entering on a breakdown, to protect against whipsaw should SPY manage a strong recovery above key resistance.
B) Oversold Bounce (Alternative)
Entry Trigger:
A strong reclaim of 498–500 and at least one hourly close above it, indicating buyers have stepped in.
Profit Targets:
First Target: 510.84 (L. Vol ST 1a)
Second Target: 523.67 (Best Price Short level) if bullish momentum accelerates
Stop Loss:
Below 485 to limit risk in case the rally fails and downtrend resumes.
4. Macro & Political Watch
Tariffs & Trade Policy: New or increased tariffs can rapidly shift market sentiment. Keep an eye on headlines for abrupt policy changes or legislative updates.
Political Dynamics: If Republicans shift their stance or emphasize broader voter concerns over aligning with Trump’s trade approach, it might calm markets. Conversely, unwavering support for tariff policies could amplify market downside.
Economic Indicators: In addition to politics, watch earnings releases and consumer data. If the economy shows unexpected weakness amid tariff concerns, selling pressure could intensify.
5. Final Thoughts
Volatility is Elevated: Intraday whipsaws are common; stay disciplined with stop-loss placements.
Bearish Bias Persists: The trend is clearly down unless bulls can reclaim key resistance levels with conviction.
Manage Risk: Always size positions appropriately given the current volatility, and remain prepared for sudden news-driven moves.
In summary, tariffs and politics remain a focal point, with historical anecdotes highlighting how personal experiences can shape trade policy. Whether SPY crashes all the way to 300 (S&P 3000) depends on how severe and prolonged these headwinds become. Keep a close eye on technical levels, watch for policy announcements, and maintain a vigilant approach to risk management.