Get started
SPDR 500 CDI 1:1SPDR 500 CDI 1:1SPDR 500 CDI 1:1

SPDR 500 CDI 1:1

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

SPY trade ideas

SPY/QQQ Plan Your Trade Update For 9-17: Excess Phase Peak BreakThis short video explains why it is so important to often wait for the markets to show you what it really wants to do - not trying to force a trade when the markets are undecided. Many traders are likely short right now - expecting a top to setup in the markets ahead of the Fed rate decision. My research suggests a top would likely form because of the dual Excess Phase Peak patterns on the charts as well. But, the RSP rally to new ATHs over the past 3+ days gave me reason to PAUSE and really consider the potential that price may rally and break away from the Excess Phase Peak setups. Well, today we have a new ATH in the SPY. We need to wait till the end of the day to see if price gets rejected at these new ATH levels - but this is a BREAK of the Excess Phase Peak pattern. Over the past 10+ days, I've continued to share why these Excess Phase Peak patterns are one of the core constructs of price action. They happen all the time (probably 60% of all trading through any year is an Excess Phase Peak pattern). There are five constructs to the pattern. They can be Bullish or Bearish in structure. At any time after the initial PEAK/TROUGH is set, they can INVALIDATE. So, we have to stay keenly aware of when/how they can invalidate. This video will show you multiple examples of Excess Phase Peak patterns and how to use them. Get ready, we may be at the start of a moderate melt-up for the SPY targeting 585-595 or higher. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
5
SPY/QQ Plan Your Trade For 9-17 : Top PatternToday's Top pattern suggests the markets will melt upward in early trading, finding resistance, then rolling over into a moderate downtrend. A top pattern is very similar to a reversal pattern. Where price moves higher, finds a key resistance area, tops, and then rolls downward away from the resistance area. In today's video, I take a quick look at RSP, the equal-weighted S&P500 ETF, where price levels have already moved to new ATHs. And this may be very important for all traders to consider. If the equal-weighted S&P ETF is moving to new all-time highs right now, while the QQQ and SPY struggle within the Excess Phase Peak patterns, it may be just a matter of time before the SPY invalidates the Excess Phase Peak pattern and moves to new ATHs as well. The QQQ may be a different story as that chart still shows quite a bit of upper price range before invalidating any of the Excess Phase Peak patterns. Therefore, I suggest traders stay very cautious today and tomorrow as we see how things play out. Right now, I would suggest the topping/peak pattern has about a 60% probability of playing out successfully today. Those ATHs in the RSP are more indicative of a moderate melt upward instead of a rolling top pattern - at least right now. Gold and Silver will pause a bit ahead of the Fed rate decision. All markets are in a "wait and see mode" ahead of the Fed. This is another reason why you should not be overly aggressive in your trading right now. Bitcoin is attempting to FLAG again - moving into a tighter, more consolidated price range just below $60k. I still believe an explosive upward price trend is building for BTCUSD. I believe we will see an explosive upward price trend setting up just before the elections across the SPY/QQQ and other markets as well - we have to get through the next 45 days of consolidation and uncertainty ahead of the elections. 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 Technical Analysis for Tomorrow (Sept 17, 2024)SPY is currently trading around $563.10 and is consolidating near a key resistance level of $564.78. Here’s a detailed analysis: 1. Support and Resistance Levels: Immediate Resistance: The $564.78 level is a critical resistance point. It aligns with previous rejections, so breaking above it with high volume could signal a potential upward move toward the next target of $567.50. Support Levels: If SPY fails to break above resistance, the first support is at $562.56. Below that, the key support levels are: $556.46 (around the 50-period MA on the 1-hour chart). $552.72 (another significant support as shown on the Volume Profile). $540.11 (a major demand zone). 2. Volume Profile: The Volume Profile suggests that $556.46 is an area of high interest for buyers, making it a critical support level if SPY faces selling pressure. The red and blue zones on the right-hand side show high liquidity zones where price is likely to react (either with consolidation or a strong bounce). 3. Moving Averages: The short-term moving average (green line) is trending upwards, reflecting positive short-term momentum. This aligns with the recent bullish price movement. The longer-term moving average (purple line, likely the 200-period MA) is further below the current price, indicating that the broader trend remains bullish. 4. Price Action and Momentum: SPY is in an uptrend, having recovered strongly from the lows around $540.11 earlier this month. The current consolidation below $564.78 indicates indecision, and tomorrow’s move will likely depend on whether SPY can break above this resistance. If it does, the next target could be the $570 psychological level, but if rejected, expect a pullback toward $556.46 or $552.72. 5. Prediction for Tomorrow: Bullish Scenario: If SPY breaks above $564.78 with strong volume, it could trigger a rally towards $567.50 and potentially higher toward $570. Bearish Scenario: If SPY gets rejected at this resistance, a pullback towards $556.46 or $552.72 is possible. Watch how SPY reacts at those support levels for potential buying opportunities.
AMEX:SPY
by BullBear-Insights
Fed Rate Cut Analysis $Spy Stocks usually fall ~15% within 12 months following the 1st cut if there is a recession. If no recession, stocks rise by >10%. The volatility that dominated markets in the early part of the month sharply reversed in the past week, driven by growing expectations of interest rate cuts that have bolstered investor risk appetite. The latest batch of inflation statistics for August have given the green light for the Federal Reserve to proceed with an interest rate cut, which is highly likely to occur on Sept. 18. The remaining question concerns the size of the cut — whether it will be 25 basis points or 50 basis points — though market consensus and recent comments from Fed officials suggest the more conservative 25 basis points is the likely scenario. Some consolidation around the current levels could not be ruled out before the Fed’s interest-rate announcement, scheduled for Wednesday. While some call for broadening of the market rally, with tech stocks likely to add on to their gains, others draw cues from history, which shows that the market typically collapses after a rate cut. Regional manufacturing activity data could also impact the market direction of the day.
AMEX:SPYShort
by willtradesdaily
SPY The Final PushMarkets have been extremely volatile this summer with the anticipation of a rate cut swiftly approaching in September. Futures markets are currently predicting a 99% probability of a cut in September. Historically, markets do not tend to crash during election years, however the combination of rate cuts, global tensions, inflation, employment, and many more factors may change the outcome of what is to come. At the moment, the markets have made a large move to the downside into a previous support zone. Additionally, I am seeing absorption on the CVD, potentially suggestion weak hands are selling into the hands of the bigger players. There could be some room for the market to get a bounce here. We do have several gaps left behind us on the way up where major liquidity is sitting. An SFP swing failure pattern of the all time high, would be a critical area if we make it that far. A bounce here may provide us some temporary upside before the eventual selling of the news of rate cuts. I am looking to hedge myself against a larger drop going into September. Only time will tell, Good luck!
AMEX:SPYShort
by afurs1
2
SPY/QQQ Plan Your Trade For 9-16 : Gap Reversal PatternMy honest opinion related to the next 2~3 trading days is - go take a few days off and wait out the markets for the next 48+ hours. I don't believe there will be much in terms of opportunity over the next 48-72 hours as price is likely to chop around near the top of the current FLAG. The real opportunity comes late Wednesday and into Thursday/Friday as price should attempt to break downward (if my analysis is correct) and move into a solid 5-7+ days of downward price momentum. What I see happening over the next 48-72 hours is Sideways Chop. Not fun for the average trader and really not something you can make a lot of money trading unless you are very skilled at catching short-term price rotation with options. Overall, the next 48+ hours should be about observation - watching price attempt to stall, break away from this FLAG, and setting up for the bigger move near the 19th & 20th of September. I'm not telling you how or what to trade. I'm just saying I believe the next 48-72 hours will be very difficult for average traders. OK. Happy Monday. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
8
S&P bulls regain control, aiming for the new highAfter the major sell-off in the first week of September, the market has made a U-turn, rebounding to its previous highs. This outcome was anticipated as highly likely in my last review, though, as is often the case, the market exceeded boldest expectations. Currently, we have confirmed a weekly higher low, which provides a solid foundation for the continuation of the uptrend. It’s also worth noting that the rally is being driven by risk-on assets like XLK and XLY, reflecting growing investor confidence. The mid- and long-term outlook remains bullish, though heightened volatility is expected as we approach the US elections. Important levels: 539.4 - major weekly low. Bulls must protect this level to keep uptrend intact 565.2 – major monthly high. There might be some resistance at this level. Bulls must clear it for uptrend continuation. FOMC meeting is set for Wednesday but it is not expected to bring big surprises.
AMEX:SPYLong
by hermes_trisme
EASY PLAYS $SPY 9/16- 9/20 - Very High chance that price will make it to ATH (All time Highs) Next week. Price action has been strong and bullish. - Remember, In order for a valid breakout to be confirmed we need a clear break and retest or a strong close above $565.16. - Price can also reject from all time highs which is also possible as we can see the buying volume has been dying down and we are falling into a divergence. - With these TWO scenarios given we must analyze price action and adapt to the markets as price goes. - To keep it simple Puts below $560.50 and calls above $565.26 WITH 1-2 CANDLE STICK CONFIRMATIONS ON AT LEAST 15m
AMEX:SPYLong
by Ubaidy100
Hey SPY lovers, look at all that green! Do you believe me now?We are undoubtedly in a scenario where the price is showing a lot of strength. As we can see, the price previously attempted to break all-time highs but encountered an institutional liquidity block, trying twice and creating a double top before making a pullback for days ! This second attempt to break the all-time high will be very important because, after the pullback, we were able to forecast the limit where the price would bounce back. Just one candle with a lot of volume and buying pressure was enough to realize that the price would reverse at $544. If you've been following this analysis for weeks or months, you'll notice that everything is playing out according to our price action and institutional analysis. Now, we just need to wait for that ATH, and I think this time will be different, especially considering that we're in election months, and the current president's political party wants the economy to look strong before the elections. So, we can expect a bull run from now until November. Thank you for supporting my analysis, and if you've benefited from it and made profits, congratulations, I'm happy for you. Best regards.
AMEX:SPYLong
by RocketMike111
$SPY - a 100% win at the top of the implied move on Friday"Last Friday, we opened with a gap up in SPY, and from there, we pushed up into the gap created on the first trading day of September. Within that gap, we reached the top of the implied move at 563, which acted as resistance. After reaching that level, we pulled back slightly but still closed within the implied move and without closing out the gap from the first week of September. If you sold bear call spreads at the top of the implied move on Friday when we hit that level, those positions would have closed up 100%. So, if you tuned in to last Friday's video and took this trade—congratulations! Currently, we are in the bear gap that opened at the beginning of September, which sits just beneath the bear gap created after reaching all-time highs. We're also in overbought territory here."
AMEX:SPY
by SPYder_QQQueen_Trading
SPY Under Pressure! SELL! My dear followers, I analysed this chart on SPY and concluded the following: The market is trading on 561.96 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 556.18 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
AMEX:SPYShort
by AnabelSignals
2
SPY: Short-Term Selloff Anticipated After Fed Rate Cut DecisionIf you haven`t bought the recent dip on SPY: Now you need to know that as the Federal Reserve approaches its rate cut decision this week, speculation is high that we may see a larger-than-expected cut of 50 basis points rather than the anticipated 25. This could trigger a short-term selloff in equities, including the SPY (S&P 500 ETF), despite the initial market reaction. The market often exhibits a “buy the rumor, sell the news” behavior, and this situation could be no different. With expectations set for a 25 basis point cut, a surprise 50 basis point reduction might lead to concerns about the underlying economic conditions. This could prompt a selloff in major indices, including SPY, as traders and investors react to the Fed’s unexpected move. In the immediate aftermath of the Fed decision, SPY might see a brief uptick as market participants adjust their positions and optimism prevails. However, this short-term rally could be quickly overshadowed by a broader correction. As the market digests the implications of the Fed's actions and potential economic concerns come to light, SPY is likely to experience a pullback. For those looking to capitalize on this potential downturn, the $550 strike price puts expiring on October 18, 2024, could be a prudent choice. These puts offer a strategic way to hedge against or profit from the anticipated short-term decline in SPY. Given the expected correction following the Fed's rate cut, this option could provide significant value as SPY faces downward pressure. While SPY may experience an initial rise in response to the Fed’s decision, the broader market sentiment is likely to shift towards risk aversion, leading to a correction in the weeks following the announcement. By October 18, the broader market and SPY could be reflecting these adjustments, making the $550 puts a timely investment. In summary, while SPY might see some early gains next week, a correction is expected to follow as the market reacts to the Fed’s decision. The $550 strike price puts expiring on October 18, 2024, could offer a valuable opportunity for those anticipating this short-term volatility.
AMEX:SPYShort
by TopgOptions
$SPY 14, September 2024AMEX:SPY 14, September 2024 Weekend views. Uptrend confirmed. I will be worried only if 510 is broken as of now. On daily my target is 580 levels initially. This is derived from 1.5 times extension for the move 348 to 459 to 409 levels. On Monday if AMEX:SPY is able to cross 564-565 levels and hold for at least one hour we can see a big move towards 580 in few days. Now holding 555-557 is crucial for next uptrend. In 15 minutes for the last rise 556.53 to 563.03 it is important to hold 559-560 levels. If 559 is broken, then we will have another multiple tops around 563 and hence can expect some sideways between 554 to 560 to converge the moving averages. Not the time to short in any time frame. As of now.
AMEX:SPYLong
by RiderTrader
6
SPY 09/12Well on track for the big blow-off top idea. Expecting to see 565 in the next few days, then potentially higher to new ATH Disclaimer: This idea is not intended as investment advice and should not be interpreted as an offer to sell or a recommendation to purchase any asset. Any decisions made based on the information presented in this idea are the sole responsibility of the individual. All investment decisions should be made independently, taking into account your financial situation and objectives.
AMEX:SPYLong
by variable_not_defined