Get started
SPDR S&P 500 ETF TRUSTSPDR S&P 500 ETF TRUSTSPDR S&P 500 ETF TRUST

SPDR S&P 500 ETF TRUST

No trades
See on Supercharts
Overview Analysis News
Ideas
Discussions Technicals Seasonals Options

SPY trade ideas

S&P Soars on Election Results in a Stunning RallyLast week's market movements provided a strong example of how impactful certain events can be on sentiment and momentum. In the last market recap, I highlighted uptrend continuation as the most likely scenario. However, at the start of the week, there was absolutely nothing on the chart suggesting a V-shape pivot. Week started on a weak note, but Tuesday marked a shift, as buying interest began to surface, quickly escalating into a stunning overnight gap once preliminary election results emerged. Essentially, the election results had a similar impact on the market as an earnings report can have on a company's stock price. This influx of optimism solidified bulls' control over the market, reinforcing a strong weekly uptrend. The buying wasn’t limited to a few sectors; instead, it was widespread, touching every major sector by the week’s end. Such broad-based buying underscores that the rally is not sector-specific but part of a larger, systemic movement. While we’re seeing robust upward momentum, it’s worth noting that both weekly and daily RSI levels are approaching overbought territory. However, as often observed in strong uptrends, prices can comfortably persist in the overbought zone. With no clear resistance above, I would strongly discourage trying to catch the top. Important levels to watch include 585 (VAH) , which is key in the event of a potential retest of the last consolidation zone, and 568 (major weekly low) , which buyers must protect to maintain control. P.S. If you missed this insane rally, don’t blame yourself too much. Had the election outcome been different, it’s easy to imagine the market would have plunged just as dramatically. So holding short-term position was similar to trading company earnings, which is, in a way, a form of gambling.
AMEX:SPYLong
by hermes_trisme
Hey SPYLOVERS ! Enjoy the Bull Ride !!!! Election Week and Interest Rate Cuts Did Not Disappoint Us at All The truth is, it was a very difficult week to predict price movements. However, out of the two possible scenarios I shared last week, Scenario #1 was the winner, and it was the one I had the most confidence in! At this moment, the price is in "no man's land," meaning there is no historical price data on the chart where we can find a level for the price to hold or replicate its movement. In this case, I believe that, from here on, the price will move based on upcoming economic news or as we approach the date when President-elect Donald Trump will officially become the President of the United States (POTUS). Let's enjoy this bull run that is happening—these are important times for the country, and we need to take advantage of those swings! Best regards, and thank you for supporting my analysis. See you next week!
AMEX:SPYLong
by RocketMike111
S&P 500 Market Update + Trade Idea and process AMEX:SPY S&P 500 Review I would like to start off by saying my previous post from October 24 outlined this correction almost to the exact T. From $585 to 565. That is a 20 point move. I say this not in arrogance or self conceit but to provide context. Combining Corrective waves Zig zag / irregular flat/ zig zag (missing) I believe we are still in a corrective phase in the market. For Ew followers I believe this would be called an irregular correction. it is a complex correction. I recently learned of this pattern from other great ew traders. Starting with a zig zag correction ( A B C) \/\ down up down - picture a ball bouncing from a higher structure and gradually bouncing lower. Then it rotates into second structure this one similar to the first but more momentous down up down. If I am not mistaken we are near ending the second leg ⬆️ up. that means we should be rotating ⬇️ down next. If I had to provide a Price target for the full last leg I would say back to 565 or lower. Now this could be completely invalidated there has been so much volatile price swings, however the more you know the better you can prepare. (Now the fun part) One thing I find difficult about trading is all the information out there. So many theories and data but yet it has no benefit to me if I cannot make a decision. As a new trader I would say a great chunk of the information out there does not lead to decision making. Trade framework💡 Let’s walk through a trade plan from start to finish. Assuming everything is correct where price goes in the short term is irrelevant. If it goes to $700 in a day doesn’t matter. A) I would be looking for reversals. 1. Using candle stick patterns ie. bearish Engulfing or evening star patterns. 2. triangle patterns ie rising wedge. 3. Double Top (huge reversal at a set level) entry on second reversal / entry on third confirmation candle. Stop loss slightly above first candle level. 4 Head and shoulders pattern That is it! B) I am targeting the areas of resistance. Questions to ask yourself. 1. What are some areas price gapped up from but never revisited. (Mark out the gaps). Trading into those zones. 2. What were some major resistance level before and has it been retested as support? Mark out strongest levels. 3. Where would buyers lose confidence. This is contrarian trading. Trading against the popular view. If I was a buyer & price reversed on me where would I sell? These are the area you should be looking for major moves your area of opportunity. (Tight stop loss). Stop loss should be tight. Re-entry is ok. Suffer 1000 tiny cuts vs a guillotine. 1. If price breaks above 600 & then fails I would be looking to open a short position targeting the 586 level. Multiple positions ie. open 4 positions Sell one before $593. 2 at 586. Hold unto final position - to see if price falls further. Sell for profit if prices bounces hard. Look for re-entry. #spy #500 #index Will create a video to go over my chart. NFA! Do what’s best for you.
AMEX:SPYShort
by coilemard
4
$SPY November 9, 2024AMEX:SPY November 9, 2024 60 Minutes. Run-away gap in action. Hence very strong uptrend. Got weakened on Friday. As we can see we had 2 lows. 568.44 and 567.89. Oscillator divergence. Hence if we draw extension now, we have first target 607 levels. The consolidation I need is not happening. Moving averages setting up nicely. In order. 9,21,50,100 and200 in that order. It will be a good opportunity to buy around 588-592 levels. for the next uptrend. As we can see in 60 minutes 580 is very strong support. 15 Minutes. For the last rise 593.92 to 599.64 holding 596 is important. If 596 is broken, we can probably see 592 as target. I need a pull back for a buy. Again, not a chart to short except for 3-4$ maximum. As of now. in 15 minutes, big oscillator divergence.
AMEX:SPYShort
by RiderTrader
2
SPY A Fall Expected! SELL! My dear friends, Please, find my technical outlook for SPY below: The price is coiling around a solid key level - 598.24 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 583.97 Safe Stop Loss - 606.52 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
AMEX:SPYShort
by AnabelSignals
2
How to PREDICT MARKETS! Tops and BottomsIn this video, I go over the following in great detail: Predicting Markets with Williams %R, RSI, and MACD Predicting market movements can be challenging, but combining the Williams %R, Relative Strength Index (RSI), and Moving Average Convergence/Divergence (MACD) indicators can provide powerful insights for traders. Williams %R measures the current closing price relative to the high-low range over a specific period, helping identify overbought or oversold conditions. RSI gauges the speed and change of price movements, also indicating overbought or oversold levels. MACD analyzes the relationship between two moving averages of a security's price, identifying potential buy or sell signals. By using these three indicators together, traders can: Confirm Trends: When all three indicators align, it strengthens the signal for a potential trend continuation or reversal. Identify Entry and Exit Points: Overbought or oversold signals from these indicators can help pinpoint optimal entry and exit points. Reduce False Signals: Combining multiple indicators can help filter out false signals, increasing the reliability of predictions.
AMEX:SPYEducation
by RonnieV29
4
S&P500 (SPY) Hits Target #2 Today!Traders, though we've still got a ways to go to our final target of 670-700 on the SPY, it is worth celebrating our direct hit of 600 today. I remember a year ago drawing out 563 as a first target for our blow-off top and I was laughed at. Bears were in their mood and hungry. They wanted more blood. But a combo of our Elliot Wave and a daily inverse head and shoulders showed us exactly where we would hit. Then I spotted this nice cup and handle on the weekly. If you remember, it was almost invalidated with that China carry trade flash crash. But I stood my ground and stated that we would need to see another weekly open and close below our neckline before the bet was off. That did not happen and we are well on our way to that 670-700 final target. However, before we get there, I do believe our 600 level on the charts will provide some psychological resistance. Admittedly, this was more of a guess than anything when I had drawn it up and placed it on my chart several weeks ago. But now, we are seeing overbought conditions on both the daily and weekly charts. Are we a bit over-heated? I think we may be and should be prepared to see a bit of a drop, or at least a week or so of sideways price action, before we break 600. Unlike my first target at which I sold and buy the carry trade dip for massive profit, I don't know that I will be selling here. 600, as I stated already, was more of a guess than anything. But I am pretty decent at making these guesses. Experience and lots of psychology and chart study has taught me. Before I get ahead of myself though, let's watch and see what the market decides to do next week. ✌️ Stew
AMEX:SPY
by stewdamus
1
Opening (IRA): SPY Dec 20th 505 Covered Call... for a 501.71 debit. Comments: Re-upping at a higher strike than the one I just took off, looking to capture an additional little increment of upmove that I missed out on. If you wanted to be really anal about it, you could capture all of the up move over time (or capture the same increment more than once). For example, say I just took off the November 15th 500 covered call at or near max (e.g., 499.80). I can then shop for a monied covered call to capture the next increment of movement from 499.80 up, so I'd want to get into a setup for 499.80 or less. This would be the Jan 31st 506 covered call, currently trading for 499.72 and would ostensibly capture the move from 499.72 to 506 (assuming, naturally, a finish above 506). In the next iteration, I would look to capture the move from 506 up, and so on, all the way until my short call was at-the-money or out-of-the-money, depending on what I was trying to do with the setup.
AMEX:SPYLong
by NaughtyPines
SUPER STOCKS 2023 notes & issues for POSiTiONiNG there are stocks driven by MARKET .. meaning float is out in the public that normally has a DRUNK price action with gaps and erratic volume there are issues with an assigned Specialist that can TRADE or CROSS huge volume without moving the price or go beyond a range RANGE highlighted ones have been decided by both the MARKET and the MARKET MAKER best of both worlds where artificial price meets the wisdom of PUBLiC Vanguard holds most or is the CUSTODY of most issues Citadel & the gang of 3 manages the FLOAT FUNDS are public PUBLIC is barometer for entry or exit of Sovereign and Trust Fund babies on a 3 5 7 10 year cycle determined by the FED's cost of printing borrowinng and lending note: Market Cap is dated June 22, 2022 ... Bottom are of MARKETS
AMEX:SPY
by senyor
11
SPY/QQQ Plan Your Trade For 11-8 : Counter-trend RallyHappy Friday everyone, Today's SPY Cycle Pattern is a Rally in Counter-trend mode. I interpret this as a moderate downward price trend for the SPY - possibly pulling the SPY into the GAP created after yesterday's opening GAP rally. I got into deep detail related to the potential anomaly event setting up over the next three weeks for the SPY & QQQ in this video. I also go into a fairly deep analysis of Gold and Silver - relating my expectations and how these moves align cleanly with an inverted Excess Phase Peak pattern. And, I even go into broad detail for BTCUSD and how I see multiple aligned Excess Phase Peak Patterns setting up to drive big trends over the next 3-4 weeks. As I stated near the end of this video, the next 5-7+ years are going to be filled with opportunity. I suggest everyone get ready for the biggest opportunity of your life. I hope you enjoy my videos and research. I know some of you have already experienced tremendous success following my research. I'm urging to you consider the opportunity that will be available as the markets continue to trend through my window of opportunity - and how you want to try to profit from these moves. Remember, the markets will always be there - but these opportunities are unique to the next 5-7+ years. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
2
SPY Near Resistance: Continuation or Pullback?Analysis: Price Trend & Momentum: SPY has shown a strong rally, breaking above previous resistance levels and establishing a new high at $596.65. However, the price action appears to be consolidating near the high, which might indicate a potential pause or a pullback before the next move. Volume Analysis: Volume has been decreasing as the price approached the $595-$596 zone, suggesting a lack of strong buying conviction at these elevated levels. Watch for a volume increase as an indication of continuation or reversal. Moving Averages: The 9 EMA is currently acting as support, with the price staying above it. This indicates that bulls are still in control. A break below the 9 EMA could lead to a retest of the 21 EMA, which is currently sitting around the $583.27 level. Support and Resistance Levels: Immediate Resistance: $596.65 (recent high and potential double-top formation) Support Levels: First Support: $583.27 (strong support near the 21 EMA) Second Support: $579.47 (previous breakout level) Key Support: $575.58 (major pivot level, failure to hold here could lead to a deeper correction) Critical Support: $567.89 (previous swing low, below which bearish sentiment could intensify) MACD Analysis: MACD is showing a bearish crossover on the 1-hour chart, suggesting a loss of momentum. This could be an early sign of a pullback or consolidation phase. Price Action Expectation: Bullish Scenario: If SPY can hold above $595.58 and break above $596.65 with strong volume, we could see a continuation towards the $600 psychological level. Bearish Scenario: Failure to hold the $583.27 support could lead to a pullback towards the $579.47-$575.58 zone, where buyers might step in. A break below $575.58 would be a significant bearish signal. Conclusion: SPY has rallied significantly in the past few sessions, driven by strong market momentum. However, the current consolidation near resistance could indicate a potential pullback or a pause before the next leg up. Keep an eye on volume and the key support levels for confirmation of direction. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Please perform your own research or consult with a financial advisor before making trading decisions.
AMEX:SPY
by BullBear-Insights
Fibonacci/Gann & 3-6-9 Chart Play: The TOP may be IN I was trying to identify if/how the market may be topping in relation to the post-election rally phase and started with a blank Daily SPY chart. After drawing a few line of the chart, I started with an idea that Broad market pullbacks may be the key to identifying/timing market expansion phases (coupled with a bit of logic). This video highlights this theory going back to 2018 and examines a number of price pullback trends as well as Fibonacci Timing structures related to Fibonacci Price Expansion blocks. I think you will find this very useful as I continue to delve deeper into the 3-6-9 structure, polarity shifts (binary shifts) and trying to unlock the secrets of price trends/extensions. Hope you enjoy... Oh.. and it looks like the US markets are about to top if my research is correct. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
4
SPY/QQQ Plan Your Trade For 11-7 : Rally Pattern DayGood morning, Although I would argue the post-election rally may already be moving into exhaustion, the SPY Cycle Patterns suggest today is a Rally pattern in Trending mode. So, I expect the markets to attempt a bit of a carryover rally phase today - moving into a Counter-trend Rally pattern tomorrow. That counter-trend rally pattern suggests the markets will try to find a peak/top and roll downward into the close of the week. Gold and Silver appear to be basing with a potential for another move downward today - retesting recent lows. Based on my estimate related to Fibonacci Time Cycles, I believe Metals is looking for a momentum base to rally off of. Thus, I suggest traders prepare for a big move upward in Gold and Silver over the next 4 to 7+ trading days. Bitcoin is still in a Bullish trending phase after breaking into new highs. Today, I spent quite a bit of time going over the Excess Phase Peak pattern related to how the price is trending and what to expect. It is critical to understand that the markets will move away from this post-election relief rally phase over the next week or so. Ultimately, what has changed is that we have a new POTUS with new policies and objectives in 2025. Right now, everything is still pretty much the same as it was last week. Volatility is still high and I urge traders to stay cautious. The time for adding more liquidity will come after November 25-30. Remember, the number 1 rule for traders is to Protect Capital. You can still trade, just trade much smaller allocation levels for now. We are about to move into a period of moderate consolidation. Sit back and wait out this sideways trend. The real opportunity will come after November 25-30. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
2
$SPY up to $614 as final blow off top move?I initially thought we'd see a move down of 5%-10% pre election. I played the move through AMEX:UVXY calls. We didn't end up seeing the full move play out that I had expected, but was able to capitalize on the move down yesterday when AMEX:UVXY was above $30. I sold all my calls yesterday as I expected downside to only be possible prior to Nov 1. So far, it's looking like that was a good call as we're starting to see a bounce today. Now that we've in November, I expect a bullish move to play out through the election and after for a final blow off top. I think it's likely that we see a move to $614 over the next two weeks. I'll be buying $600C today for 11/15 to try to capitalize on this move higher. Let's see if it plays out.
AMEX:SPYLong
by benjihyam
13
$SPY November 7, 2024.AMEX:SPY November 7, 2024. 60 Minutes. For the rise 567.89 to 591.93 holding 580 levels is crucial for uptrend to continue. 580 is the top of gap for the fall as marked in red box. Hence if i take the rise from 574.69 to 591.93 581 levels is important in smaller time frame. I need AMEX:SPY to close above 593 for a target 640+ My views are same from September. Holding 540 we are in a big move towards 640+ Now holding 565-570 is important on daily for that move. The oscillator divergence marked yellow rectangle played out well in this move. I expect some sideways today so that 9,21 averages can catch up. All moving averages are near. So, after this consolidation one more big move is expected. I had always posted I wanted to go long above 585 only. And it gapped around that area yesterday and held on too. So now 581-585 becomes important zone to watch.
AMEX:SPY
by RiderTrader
2