SPY: Short Trade with Entry/SL/TP
SPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short SPY
Entry Point - 566.62
Stop Loss - 582.02
Take Profit - 540.07
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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SPY trade ideas
SPY/QQQ Plan Your Trade Update : Behind The Scenes ResearchI want to say thank you to all of you and to share with you all the work/resources/servers/and other data I maintain to help me identify where and how the markets will present opportunities to all of us.
This video shows you a bit of the behind-the-scenes work I do and some of my proprietary modeling systems.
I'm not sharing this with you to try to win you over or to tell you I do more than anyone else in terms of research. I'm sure there are many others who go much further than I do in terms of trying to dissect the markets and the opportunities available.
But I do believe I deliver very unique research, which is a one-of-a-kind solution for traders.
Again, I'm not 100% accurate (I wish I were).
But I am trying to share some of the decision-making solutions I use to understand where the markets are likely to move over the next 2- 4+ months and how traders can profit from my research.
Remember, you are only seeing about 10% of my total research, tools, modeling systems, and capabilities in these Plan Your Trade videos.
I want to thank all of you who continue to value my work. It is not easy. It takes money, time, and resources to continue to monitor all of these systems/algos.
The end result, I believe, is one of the most unique future/current modeling system resources you can find anywhere.
Again, thank you for making my research a success. I promise to do more and improve my tools over the next 12+ months for everyone to find better profits.
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
Elliott Wave top on SPYโs monthly chartTechnical Analysis:
Wave Structure (Elliott Wave)
โข Wave 1โ2: Early 2020 correction (COVID crash) marked a clear wave 2 bottom.
โข Wave 3: Strong impulsive rally from mid-2020 to late 2021 โ massive liquidity-driven.
โข Wave 4: 2022โ2023 pullback โ clean retracement to ~0.382 Fib, validating wave structure.
โข Wave 5: Parabolic final rally peaking around $550โ560 (currently topping or topping out).
Bearish Signals:
โข Volume divergence โ Price up, but monthly volume flat-to-declining. Distribution behavior.
โข Completed 5-wave structure โ Indicates exhaustion.
โข (A)-(B)-(C) Correction Starting: The projection shows:
โข Wave A targeting ~$420โ440.
โข Wave B dead cat bounce.
โข Wave C projecting a deeper correction into $300โ340 zone (around 0.5 to 0.618 retracement).
Fibonacci Confluence Zones:
โข 0.382 = ~$450
โข 0.5 = ~$390
โข 0.618 = ~$340
These zones will act as major liquidity pools for institutional entries or macro rebalancing.
Macro Headwinds Fuel the Narrative:
โข Sticky inflation
โข Rising interest payments on U.S. debt
โข Deteriorating liquidity (QT regime)
โข Over-leveraged consumer and commercial debt sectors
SPY A Fall Expected! SELL!
My dear friends,
SPY looks like it will make a good move, and here are the details:
The market is trading on 566.62 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 542.79
Recommended Stop Loss - 579.54
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โโโโโโโโโโโ
WISH YOU ALL LUCK
SPY/QQQ Plan Your Trade Update For 4-30 : Moving Into FlaggingThis quick update video should help you understand how my May 2-5 Major Bottom pattern could represent a move into FLAGGING within an inverted EPP pattern.
If my research is correct, the next move for the market will be a moderate downward price trend that will represent the FLAGGING portion of the inverted EPP pattern.
You've all see how bullish EPP patterns play out over the past 3 to 5+ months. Now we get to see how this recent SPY low near 480 turns into an inverted EPP pattern. This is basically the same pattern - but forming in an inverted mode.
As we transition through this inverted EPP pattern, what I'm looking for is a breakdown move to create the new FLAGGING formation. This move aligns perfectly with my May 2-5 Major Bottom pattern and could be a perfect setup for the attempted "breaking of the Flag High" in late May 2025.
I'm watching Gold and Silver stay relatively strong today. So I'm seeing today's market move as a "reversion move" - not really a breakdown move (yet).
It will be interesting to see how this plays out.
If the markets move into Flagging, as I expect, the big opportunities will be to ride the Flagging & Breakdown patterns over the next 30+ days before we move into either an INVALIDATION or CONTINUATION phase of the inverted EPP pattern.
Price is the ultimate indicator - you just need to know what to look for.
Get some.
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SPY - dump or bull market is back?hi traders,
Some months ago, we shared the idea where we explained that SPX will experience a correction:
The targets were reached, and next we saw a decent bounce, which is very well visible on the monthly candle.
Today, I see a lot of excitement about the monthly close, and many people call for a new all-time high soon.
I want to bring to your attention the monthly close in 2000.
It looks very similar to what we got yesterday.
A long, lower-shadow wick resulted in a bearish imbalance characterised by an excess of sellers, exerting downward pressure.
I still can see SPY/SPX retesting 570-580 levels, but it doesn't change the fact that lower levels may be tested in the next few weeks/months.
We got a bearish cross on the monthly time frame, which is not a joke.
If bears take control, I expect SPY to visit 460~ levels and later even lower: 410-408.
Long story short:
1. Short-term bounce may continue.
2. Mid-term - bears will take control, and we will see a bigger correction.
Do you agree? Share your opinion in the comments section
Nightly $SPY / $SPX Scenarios for May 2, 2025๐ฎ Nightly AMEX:SPY / SP:SPX Scenarios for May 2, 2025 ๐ฎ
๐ Market-Moving News ๐
๐บ๐ธ Rising Unemployment Claims Signal Labor Market Softening
Initial jobless claims increased by 18,000 to 241,000 for the week ending April 26, marking the highest level since late February. Continuing claims also rose to 1.916 million, indicating potential cracks in the labor market.
๐ญ Manufacturing Sector Contracts Amid Tariff Pressures
The ISM Manufacturing PMI fell to 48.7 in April from 49.0 in March, indicating a second consecutive month of contraction. Tariffs on imported goods have strained supply chains and elevated input prices, contributing to the downturn.
๐ Construction Spending Declines
Construction spending decreased by 0.5% in March, reflecting reduced investments in both residential and nonresidential projects. This decline suggests caution in the construction sector amid economic uncertainties.
๐ Mixed Signals from Manufacturing Indices
While the ISM Manufacturing PMI indicates contraction, the S&P Global Manufacturing PMI remained steady at 50.2 in April, suggesting stability in some manufacturing segments despite broader challenges.
๐ Key Data Releases ๐
๐
Friday, May 2:
๐ผ Nonfarm Payrolls (8:30 AM ET)
Provides insight into employment trends and overall economic health.
๐ Unemployment Rate (8:30 AM ET)
Measures the percentage of the labor force that is unemployed and actively seeking employment.
๐ฐ Average Hourly Earnings (8:30 AM ET)
Indicates wage growth and potential inflationary pressures.
๐ญ Factory Orders (10:00 AM ET)
Reflects the dollar level of new orders for both durable and nondurable goods, indicating manufacturing sector strength.
โ ๏ธ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Candlestick Patterns + Trend and Momentum: A Perfect CombinationCandlestick patterns provide valuable insights into price action, showing potential reversals, continuations, or market indecision. However, to significantly improve their effectiveness, combining candlestick analysis with trend and momentum indicators is essential. Hereโs how you can use these combinations to trade with more confidence and accuracy.
1. Why Candlestick Patterns Matter
Candlestick patterns visually represent tradersโ psychology through price movements, including four key prices: Open, Close, High, and Low. Some of the most common and useful patterns include:
Doji: Indicates market indecision and potential reversals.
Hammer & Hanging Man: Signals possible trend reversals at support or resistance.
Engulfing Pattern: Often marks the beginning of a significant reversal.
Morning/Evening Star: Combination patterns that strongly suggest a trend reversal.
2. Adding Trend and Momentum Indicators
Candlestick patterns alone might lead to false signals or confusion. By pairing them with other technical tools, such as moving averages, RSI (Relative Strength Index), or MACD (Moving Average Convergence Divergence), you gain crucial context to confirm the reliability of the patterns.
Hereโs how:
Trend Alignment:
Using moving averages, such as the 20 or 50-period EMA, helps confirm whether a bullish candlestick pattern appears in an uptrend (strengthening the signal) or countertrend (potentially weaker signal).
Momentum Confirmation:
Oscillators like the RSI or MACD can confirm the underlying momentum behind a candlestick pattern. For instance, a bullish engulfing pattern becomes more reliable if it coincides with RSI moving upward from oversold territory or MACD showing a bullish crossover.
Volume Analysis:
Higher volume on the candle that forms the pattern typically confirms increased market interest and strengthens the validity of the signal.
3. Practical Example: Bullish Engulfing + RSI
Imagine you spot a bullish engulfing pattern forming at a clear support level after a downtrend:
Step 1: Identify the Pattern: Confirm the bullish engulfing visually.
Step 2: Check RSI: Ensure RSI is below 30 or rising, signaling oversold conditions and potential bullish momentum.
4. Why This Approach Works
Enhanced Accuracy: Combining candlestick signals with trend and momentum indicators increases signal reliability.
Improved Risk Management: Clearer signals mean more confident entries and better-defined stop-loss levels.
Reduces False Signals: Multiple confirmations reduce the risk of false breakouts or reversals.
5. Final Tips
Always look for multiple confirmations (trend, momentum, volume) before making trade decisions based solely on candlestick patterns.
Be patientโwaiting for full confirmation can help avoid premature trades.
Regularly backtest and practice recognizing these combined signals to strengthen your trading strategy.
SPY Day Trade Plan for 05/01/2025SPY Day Trade Plan for 05/01/2025
๐ 562.70 565.60
๐ 557 554.30
Thanks to all my followers! Truly appreciate the support!
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*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
SPY Day Trade Plan for 04/29/2025SPY Day Trade Plan for 04/29/2025
๐ 550 553 556
๐ 544 543 540.50
Thanks to all my followers! Truly appreciate the support!
Please like and share for more ES/NQ levels Tues & Thurs ๐ค๐๐๐ฏ๐ฐ
*These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
SPY - short-term analysishi traders,
Let's have a look at SPY on 1h time frame.
As we can see the price created a double bottom and with the catalyst (Trump paused tariffs), the price pumped 11%.
It's approaching the resistance area and bulls are not out of the woods yet.
I expect a short-term pullback.
RSI is very overbought in 15 15-minute time frame which confirms this thesis.
Entry, target, and stop loss are shown on the chart.
Risk-reward ratio: 3,13
SPY - 700 is not impossibleA sneaky expanding diagonal for cycle wave 5 with a blow off extended 5th primary wave (final wave) makes the most sense to me. If that's what we are seeing right now, SPY might possibly hit low 700s in the next couple of years. Gold might pull back to low 200s in the meantime for a choppy wave 4. My plan is to switch from equities to gold at spy 700. Not a financial advice. This post is for educational purpose only
SPY Eyeing Breakout โ Trump Buzz & Options Walls Fuel Fire I'm breaking down SPY here the way I process it while flipping between daily and 1-hour charts.
Daily Timeframe:โจThe price action is flirting right at the top of this falling wedge pattern. What catches my attention is the strength in MACD and Stoch RSIโthey're both pushing hard to the upside. This isn't a weak bounce. Momentum looks real, and we're sitting just under the 555โ560 resistance range, which also happens to line up with a key structure break. If we can close above this upper wedge line, bulls might get the weekly breakout confirmation.
1-Hour Chart + GEX:โจNow on the hourly, SPY already broke through the 550 level and hovered at 559 into the close. Thereโs some strong intraday buying volume confirming that breakout. But what's even more important to me is what GEX is showingโthereโs a massive cluster of call walls stacked at 555 and 560. Today, the gamma flipped from neutral to green, and GEX data confirmed there's strong call exposure at 560. Meanwhile, the highest negative NETGEX put support sits deep at 545. This creates a strong upward magnet as long as we stay above 547.
Also, thereโs buzz from todayโs Trump investor roundtable. Headlines from that are already driving bullish sentiment, especially with tech and AI names in the mix. That political tailwind could be the final push that launches SPY through the wedge ceiling.
My Trade Plan:
* If price holds above 552, Iโm watching 560+ as the upside magnet.
* Break and retest 555, Iโll consider a long scalp or debit spread targeting 560โ563.
* If 547 breaks, that would be a red flagโputs might activate again and drag us toward 540.
Option Bias:โจWith IV low and GEX sentiment flipping bullish, I prefer buying calls or verticals over selling premium. But the 560 call wall is heavy, so Iโm not chasingโwait for confirmation.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk accordingly.
SPY BULLISH BREAKOUT|LONG|
โ
SPY is trading in an
Uptrend and the index
Made a bullish breakout
Of the key horizontal level
Of 580.00$ and the breakout
Is confirmed so we will be
Expecting a further move up
LONG๐
โ
Like and subscribe to never miss a new idea!โ
โจโจ
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
SPY/SPX: FOMC. Do we get rate cuts or do we even get a hike?!TA on SPY but I also like playing SPX.
Was seeing this as either a rising wedge, and if play (with FOMC etc.) can touch and retest
551.41 then back move back up to test 562.81 and to out at 567.85 IF market reacts well to FOMC, maybe ATH?
If not, we actually fulfill that rising wedge to 543.54 with a small gap to touch/retest at 534.54
I may sit sidelines until FOMC to catch the move and waves. Always wait for the set up to come to you! One of the rules I try to keep following but I break.
Let me know what you think. Will continue to update as it the week progresses.
Again, do your own DD. Not financial advice.
Weekly $SPY / $SPX Scenarios for May 12โ16, 2025 ๐ฎ Weekly AMEX:SPY / SP:SPX Scenarios for May 12โ16, 2025 ๐ฎ
๐ Market-Moving News ๐
๐ Inflation and Retail Sales Data in Focus
Investors are closely watching this week's release of the Consumer Price Index (CPI) on Tuesday and Retail Sales data on Thursday. These reports will provide insight into inflation trends and consumer spending amid ongoing tariff concerns.
๐ค U.S.-China Trade Talks Resume
High-level trade discussions between the U.S. and China are set to continue this week in Switzerland. The outcome of these talks could significantly impact global markets and investor sentiment.
๐ผ Key Corporate Earnings Reports
Major companies including Walmart ( NYSE:WMT ), Cisco ( NASDAQ:CSCO ), Applied Materials ( NASDAQ:AMAT ), and Take-Two Interactive ( NASDAQ:TTWO ) are scheduled to report earnings this week. These reports will offer insights into consumer behavior and the tech sector's performance.
๐ฆ Federal Reserve Speeches
Federal Reserve Chair Jerome Powell is scheduled to speak on Thursday, with other Fed officials also making appearances throughout the week. Their comments will be analyzed for indications of future monetary policy directions.
๐ Key Data Releases ๐
๐
Monday, May 12:
No major economic data scheduled.
๐
Tuesday, May 13:
8:30 AM ET: Consumer Price Index (CPI) for April
๐
Wednesday, May 14:
10:30 AM ET: EIA Crude Oil Inventory Report
๐
Thursday, May 15:
8:30 AM ET: Retail Sales for April
8:30 AM ET: Producer Price Index (PPI) for April
8:30 AM ET: Initial Jobless Claims
9:15 AM ET: Industrial Production and Capacity Utilization
10:00 AM ET: Business Inventories
2:00 PM ET: Federal Reserve Chair Jerome Powell speaks
๐
Friday, May 16:
8:30 AM ET: Housing Starts and Building Permits for April
10:00 AM ET: University of Michigan Consumer Sentiment Index (Preliminary) for May
S&P Global
โ ๏ธ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
๐ #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis