Stock Market Forecast | TSLA NVDA AAPL AMZN META MSFTStock Market Forecast | SPY and QQQ
Mag 7 Forecast | TSLA NVDA AAPL AMZN META GOOGL MSFT
SPY trade ideas
$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.
Dinosaur Strategy, SPY is going down!According to my Dinosaur strategy, we can see resistance at the dinosaur's head. It's time to hold your CASH, PEOPLE! GET YOUR CASH READY AND PUT YOUR SEATBELTS ON!
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
SPY 1d swing strategy backtestSimple algorthmic swing strategy for SPY
posting just to show off its performance
LuxAlgo
SPY/QQQ Plan Your Trade For 2-7-25: Where's The Deep-VShortly after I created the morning video, the markets opened with a BANG.
First rallying, then rolling over - just as I predicted.
Granted, I never expected the markets to rally above 606 before rolling downward, but the breakdown move into a potential Deep-V looks to be playing out very nicely right now.
Come Monday (2-10), and possibly carrying into the 13th, we could see a very sharp deep-V type price move that pushes the SPY below 580 for a period of time.
That could be a very big move from the 606+ levels we saw this morning.
And you know I'll be saying, "Just as I predicted," for at least 3 to 5 days starting early next week if that happens.
Again, I put my research out to the public like this to either live or die by my work. Very few people are able to do this - or they flip/flop all the time (every 2-3 hours).
My research is different. I'm really trying to make a difference by telling traders what to expect now and in the future.
I know I'm starting to make a difference for many people because I'm getting emails and messages from individuals who use my research to identify great trade opportunities.
Are you going to be the next person to share your success story with me?
Remember, have a safe weekend and GET SOME come Monday morning.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Selling SPY after signs of lost of momentumSPY has once again tested the ATH level, marking its third approach to this price zone and, once again, making a reversal candle. It feels like the market may be losing momentum, so I’ve decided to set up a bear put spread trade that would benefit from a potential decline within the next 42 days. All information is available on the chart.
The SPY will go up for the rest of the weekThe market will go up for the next 3 more days.
I am using the Heikin Ashi candlesticks. Why Heikin Ashi candlesticks?
1) They show more of a directional movement within candlesticks.
2) They tend to filter out the market noise so you can see the market direction better.
3) It reduces false signals, allowing you to stay in the trade longer.
4) And, it gives you a smoother appearance making it easier to see trends and reversals. (This information is from Dr. Keith Wade who speaks at the Wealth365 Summits.)
Typically, I would wait until there are 2 green Heikin Ashi green candlesticks before entering.
I still tend to switch back and forth between Heikin Ashi candlesticks and regular candlesticks since regular candlesticks are what I am familiar with and have been using since I started trading.
I use the MacD, the Stock RSI and the DMI to assist me with the direction of the market. I am not perfect at them. I will hopefully try to explain these in future trading charts.
I personally find:
* the 5 minute indicators typically represents what will happen in the next half and hour.
* the 10 minute indicators typically represents what will happen in the next hour.
* the 30 minute indicators typically represents what will happen in the daily.
* and, the hour indicators typically represents what will happen in the next week.
I am anticipating a bull trend for the next few days as the 30 min, 1 hour, 2 hour, 3 hour and 4 hour indicators are already looking bullish.
I have a few targets. In the past I have said the market is usually moving about 34 points, but I think it will make a less of a move this time due to the Stock RSI only being slightly lower as it is not starting close to 0.
If you look at some of the past moves, the market moved around 20 points such as from July 1 to July 16, Oct 7 to Oct 17 and Nov. 20 to Dec 6th. As well, if you look at the Stock RSI on the daily charts, it has only declined a little. So even if it turns soon, it only has a little way to go upward. As well, it is hitting a resistance around 610. I think the market will bounce back and forth between 610 and 590 for a few more weeks.
Typically, I would wait until there are 2 green Heikin Ashi green candlesticks before entering.
The targets I have in place are:
20 point move = 610.42
1 Fibonacci move = 610.59
5 day move = Feb 7
If it hits one of these targets, I am out of my trade. And I will even shave a little off, so if it hits 609, I will be out.
My stops are:
1) the low of the previous Heikin Ashi candlestick,
2) 2 red Heikin Ashi candlesticks,
3) a specific dollar amount for a total loss for my trade or
4) a specific dollar amount per contract.
If it hits one of those stops, I am out of my trade.
Lastly, I believe tomorrow it may go lower as I find the 3rd day typically moves sideways or goes lower. And some of the shorter term indicators are looking weak.
I really encourage you to draw a chart yourself. The first chart is the most nerve racking, but I have learned the most through drawing charts.
I am trying to take trading classes through Udemy, mostly because they are cheap. LOL! I usually wait for a sale where the courses are as low as $14.99 instead of over $100 per course. They have sales a few times per year. Just keep checking the website. I am NOT affiliated with this company in any way. I am just trying to tell you where I have found cheaper courses online to learn more. www.udemy.com
I always try to attend Wealth365 Summit which is held about 4 times a year where I always pick up some more useful information. Again, I am not affiliated with this company in any way. www.wealth365.com
My chart is not guaranteed and I am still learning. Trade at your own risk.
Happy trading everyone!
SPY/QQQ Plan Your Trade For 2-7-25: Carryover PatternAs many of you know, I'm still expecting a breakdown in the markets leading to my Deep-V pattern on the 9th and the secondary Major Bottom on the 10th.
Why haven't we started to move downward yet? I really don't know. I suspect the markets are being pushed higher by Market Makers trying to crush the shorts (premium).
Either way, we'll know how this is going to play out over the next 5+ days.
If I'm right, we'll see the SPY break downward towards 580-590 over the next 5+ days.
The QQQ should move down 510-515 throughout that same breakdown (possibly a bit lower).
I expect Gold and Silver to also move downward if this breakdown in the SPY/QQQ happens as I expect. Metals tend to move downward when the SPY/QQQ makes a sudden impulsive breakdown move.
Bitcoin also appears to be poised for a breakdown event.
It seems that all the indexes and symbols I follow in the morning video are already standing near the edge of a cliff, just waiting to jump off.
I urge traders to move into a protective mode (protecting open longs and hedging against any breakdown event) over the next 5-10+ days.
We'll eventually see another bounce/rally off some lows, but right now, everything looks ready to JUMP (off the cliff).
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Elliott Wave View: SPY Looking to Resume HigherShort Term Elliott Wave View in SPDR S&P 500 ETF (SPY) suggests pullback to 575.04 ended wave ((4)). The ETF has resumed higher in wave ((5)) with internal subdivision as 5 waves impulse. Up from wave ((4)), wave ((i)) ended at 585.99 and dips in wave ((ii)) ended at 578.35. From there, wave (i) ended at 583.81 and wave (ii) ended at 578.90. Wave (iii) higher ended at 595.56 and pullback in wave (iv) ended at 590.35. Final wave (v) ended at 607.7 which completed wave ((iii)). Pullback in wave ((iv)) ended at 604.67 and wave ((v)) higher ended at 610.78. This completed wave 1 in higher degree.
The ETF then pullback in wave 2 with internal subdivision as a zigzag Elliott Wave structure. Down from wave 1, wave ((b)) ended at 609.96 as a double three Elliott Wave structure. Up from wave ((a)), wave (w) ended at 605.96 and wave (x) ended at 599.22. Wave (y) higher ended at 609.96 which completed wave ((b)) in higher degree. The ETF turned lower in wave ((c)) towards 589.5 which completed wave 2 in higher degree. It has turned higher in wave 3. Near term, as far as pivot at 575.04 low stays intact, expect pullback to find support in 3, 7, 11 swing for more upside.
SPY Analysis for February 7thTechnical Overview:
1. Price Action: SPY has been consolidating near the $605 zone, with a slight bullish bias as it approaches key resistance levels.
2. Support Zones:
* $600 (psychological level and prior support).
* $595 (secondary support, aligned with PUT Support).
3. Resistance Levels:
* $610 (previous high and close to the second CALL Wall).
* $620 (highest positive NETGEX / Gamma Wall, strong resistance).
Indicator Insights:
* MACD: Slight bullish crossover but showing limited momentum.
* Stoch RSI: Climbing but nearing overbought territory, indicating potential pullback.
* Volume: Gradually increasing during the last sessions, suggesting accumulation.
GEX Analysis:
* Puts: 68.4% dominance, highlighting significant bearish sentiment.
* Calls: Reduced exposure; however, strong Gamma Wall at $620 indicates upside cap.
* Key Observations:
* The proximity to PUT Support around $595 indicates strong defensive positions from bears.
* A breakout above $610 could trigger rapid movement toward $615–$620 due to lighter gamma resistance in this range.
Trade Suggestions:
* Bullish Scenario:
* Entry: Above $610 with volume confirmation.
* Target: $615–$620.
* Stop Loss: Below $600.
* Bearish Scenario:
* Entry: Below $600, aiming for $595 or lower.
* Target: $590.
* Stop Loss: Above $605.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always perform your due diligence and manage risk accordingly before making trading decisions. Market conditions can change rapidly, so monitor updates and real-time data during the session.
750 dolla spy.gm,
wanted to share my outlook on the stock market today.
---
fear is accelerating. uncertainty is going parabolic in a way we haven’t seen since the covid crash. people are running. insiders are exiting. the herd is collectively turning bearish.
but i’m bullish.
---
here’s exactly why:
-quantitative easing is coming back.
-rate cuts are on the horizon.
-the us dollar is depreciating.
-economic expansion is inevitable.
-the artificial intelligence boom is just getting started.
---
while most people fumble their bag up here, drowning in fear, we look for significantly higher prices into 2026.
---
ps. i left out upside targets and timeframes because none of that matters at the moment. only the structure does. if you like the structure, use it. don't give me any credit. i don’t need it.
if you make a dolla this next year, donate a tenth of it to someone who needs it more than you. the universe will handle the rest.
🌙
$SPY Today’s Trading Range, y’all
Alright so options has today’s trading range quite small, just .66%. And these are the levels going through it. Those of you that have been following for a while know exactly how to read this so I’m going to leave it at that since I’m a little pressed for time this morning!!
SPY/QQQ Plan Your Trade For 2-6-25: Counter-Trend RALLY Today's pattern is a counter-trend Rally pattern. I read this as a downward trending type of rally phase/bar.
Much like yesterday's rally in the markets. Today should be just the opposite - a downward trending bar.
I believe this is a move downward setting up the Deep-V pattern which should hit early next week.
I suggest traders prepare for a rollover-topping pattern near this upper resistance area and prepare for the markets to move downward - seeking support.
Gold and Silver will likely move downward as well if the market does roll over, as I suspect. Gold and Silver tend to move downward when the markets shift into a downward trend.
Bitcoin is trapped within a range (again), and it appears that over the next few days, it will attempt to move downward with the markets.
Again, the next four to five days will be a do-or-die type of move. I've been telling all of you this Deep-V breakdown will happen for more than thirty days, so I'm watching to see if it really does happen.
Either way, it is now a bad idea to take some profits near these highs in preparation for any potential breakdown.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Health Care Stocks Still Showing StrengthThis is the sector we want to be in. I just want to stress not to overweight your portfolios with these stocks because if the industry turns down, so will the stocks stocks within it. I also added a finance stock to the pullback list NYSE:IVZ we are seeing some strength in finance as mentioned in yesterday's video.
$SPY February 6, 2025AMEX:SPY February 6, 2025
15 Minutes.
Yesterday we had 604 levels.
Today for the rise 598.58 to 604.36 holding 602 levels we can expect 605-606 levels as initial target.
Once 606 is held i expect 609-610 levels tomorrow or by Friday.
AMEX:SPY is above all moving averages.
At the moment uptrend intact as long AMEX:SPY above 598 levels being the last LL.
Not for shorting today as per chart at the moment.
The top of channel is around 610 levels for the day on time.
SPY Technical Analysis and GEX Option Insights: February 6, 2025Technical Analysis:
1. Current Price Action:
* SPY is trading near $604.74, showing a breakout attempt.
* Immediate resistance is at $609.96 (today's high), while strong support lies near $600.00.
* The symmetrical triangle formation suggests a potential continuation, with volume confirming bullish momentum.
2. Indicators:
* MACD: Bullish crossover indicates upward momentum, but a flattening signal line warrants caution.
* Stochastic RSI: Overbought levels near 99, signaling possible consolidation or pullback.
* Volume: Increasing volumes support upward movement but require sustained buying pressure to confirm the breakout.
3. Trend Lines:
* Upside potential toward $615.00 (2nd Call Wall) if SPY clears $610.00.
* Breakdown below $600.00 could revisit $595.00.
Gamma Exposure (GEX) Insights:
1. Key GEX Levels:
* Call Resistance: $610.00 and $615.00 are major resistance zones.
* Put Support: $600.00 (strong gamma hedge zone) and $595.00 (critical floor).
2. Options Sentiment:
* GEX: Dominated by 68.5% puts, signaling hedging at lower levels but potential for squeeze if buyers persist.
* IVR/IVx: 15.5% IVR, indicating options are relatively inexpensive, suitable for directional plays.
* Skew: High put open interest suggests a bearish skew, but a breakout could trigger a gamma squeeze.
Trade Setup Suggestions:
1. Bullish Scenario:
* Entry: Above $610.00.
* Targets: $615.00, $620.00.
* Stop-Loss: $600.00.
2. Bearish Scenario:
* Entry: Below $600.00.
* Targets: $595.00, $590.00.
* Stop-Loss: $610.00.
Thoughts:
* SPY shows bullish potential but is overextended short-term.
* A confirmed breakout above $610.00 could lead to a gamma squeeze toward $615.00+.
* Failure to sustain above $600.00 may invite sellers to retest lower supports.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Please conduct your research and risk management before making trading decisions.
SPY/QQQ Plan Your Trade 2-5-25 Update : Rally PatternRight now, the markets continue to struggle to move higher. We are seeing a solid upward price trend, but I'm watching the MNQ and metals for any signs of weakness.
At this stage of the market's price action, I'm cautiously waiting for the ROLLOVER to setup.
My patterns suggest we move into a Counter-Trend Rally phase tomorrow (which would be a downward trending bar).
I believe the end of the trading day may see a very solid Long-Squeeze (trending downward) today.
And, as of right now - I'm just sitting on my trades, waiting for the Rollover to happen.
I would not suggest taking any big long trades right now unless you are prepared for the risks.
Sometimes, this is what trading is all about.
Looks like things are going to get very exciting over the next 3-5+ days.
GET SOME.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
$SPY Analysis, Key Levels & Targets for Day Traders Feb 5 2025AMEX:SPY Analysis, Key Levels & Targets for Day Traders
We are sitting right at the 35EMA above the 30min 200MA which is still bullish. We have a green signal line, and we are above the 50 Day Moving Average.
We do have a bearish signal which is the 1hr 200MA trading underneath the 50 Day moving Average
So we are have mixed signals today, leaning bullish but not fully bullish.
Implied move on the day is 596 to 607 - let’s go, y’all
$SPY February 5, 2025AMEX:SPY February 5, 2025
15 Minutes.
Moving averages have converged.
Need to hold 598 today.
For the fall 609*.18 to 595.5 NYSE:SPR has retraced 61.8% to 602 levels yesterday.
Hence a pull back.
AMEX:SPY forming HH Hl pattern.
Long bars have sorted out.
Above 602.5 we have a target 604-605 levels.
If 597 is broken 595 will be support as of now which is 61.8% retracement for the last rise from 590.5 to 602.31.
Technical Analysis for SPY (30-Minute Chart) - February 5Market Structure Analysis
* SPY is consolidating near the $599-$600 level after a recent bounce off the $590 support zone. This indicates a short-term range between $595 and $601.
* The MACD is flat and slightly bullish, suggesting indecision but with a potential upward momentum if buyers sustain pressure above $600.
* The Stochastic RSI is near the overbought zone, signaling caution for potential pullbacks or consolidation.
GEX (Gamma Exposure) Insights
* Put Wall: Significant put support at $590, indicating strong downside protection.
* Call Resistance: Notable resistance at $610 and $615, suggesting a challenging path for SPY to break above these levels in the current session.
* Gamma Bias: With 71.8% puts, the market sentiment leans bearish, but the strong gamma support at $590 suggests limited downside.
Directional Bias
* The GEX data and technical levels indicate a neutral-to-slightly-bullish bias as long as SPY holds above $595. If the price breaks below this level, expect increased bearish momentum.
Trading Suggestions
1. Call Option Strategy:
* Buy a 7 DTE call option if SPY breaks above $601 with strong volume.
* Entry: Above $601
* Target: $605-$610
* Stop-Loss: Below $599
2. Put Option Strategy:
* Buy a put option if SPY breaks below $595 with increased selling volume.
* Entry: Below $595
* Target: $590-$585
* Stop-Loss: Above $597
Key Levels to Watch
* Resistance Levels: $601, $605, $610
* Support Levels: $595, $590, $580
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always do your research, manage your risk, and consult a financial advisor before trading. The GEX indicator updates every 15 minutes; check real-time data for informed decision-making.
Morning OverviewI covered a bunch of pullbacks that I like for the morning as well some general market sentiment. The AMEX:DIA seems to be the strongest index to trade right now. A couple of sectors that are turning around are healthcare and water utilities. I think those are my highest conviction longs.
