SPY trade ideas
SPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for SPY below:
The price is coiling around a solid key level - 594.00
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 602.54
Safe Stop Loss - 590.04
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Trump Pump. Trump Dump. Trading Family,
We had our Trump pump. Now, we are seeing a Trump dump. Tariffs and other geopolitical events are causing market uncertainty. Let's take a look at our charts to find out how much more pain we are in for. And, a positive sign. Smaller cap altcoins and many memecoins appear to be holding strong!
✌️ Stew
SPY - support & resistant areas for today Feb 28, 2025Here are the key support and resistance levels for SPY today, indicating potential reversal or consolidation points. A bounce off these levels may signal long (buy) or short (sell) positions.
These levels are calculated using mathematical models relevant for today's trading session. They may change in the future.
If you find this helpful and want daily insights at 9:30 AM, please boost this post and follow me. Your engagement supports continued updates. Thank you!
Nightly $SPY / $SPX Scenarios for 2.28.2025 🔮 🔮
🌍 Market-Moving News 🌍:
🇺🇸📈 PCE Inflation Data Release 📈: The Federal Reserve's preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index, is set to be released. Economists predict a 0.3% rise in January and a 2.5% year-over-year growth. This data will provide insights into inflation trends and potential monetary policy adjustments.
🇺🇸🛒 Consumer Spending Trends 🛒: Personal income and spending data for January will be released, offering a glimpse into consumer behavior amid ongoing economic uncertainties. Analysts anticipate a 0.4% increase in personal income and a 0.1% rise in personal spending.
📊 Key Data Releases 📊:
📅 Friday, Feb 28:
💰 Personal Income and Outlays (8:30 AM ET) 💰: Reports on personal income, consumer spending, and the PCE Price Index for January.
🏠 Pending Home Sales Index (10:00 AM ET) 🏠: Measures housing contract activity, providing insights into the real estate market's health.
📌 #trading #stockmarket #tomorrow #news #trendtao #charting #technicalanalysis
$SPY: Big picture on three time framesThe AMEX:SPY sell-off this week might be scary, and here we want to go back to the old-fashioned three-time frame concept. It works as a good road navigation. Additionally, I added the data from www.aaii.com to show how bearish sentiment prevails now to give us a short-term hope. The bearish sentiment at its extreme zone (twice higher vs average) gives a clue that the local bottom is near, and not acting as a trading signal
On the charts, we see AMEX:SPY on a monthly, weekly, and daily basis.
More noise is on a daily basis, so I want to keep an eye on the weeklies to help choose the strategy, even for intraday trading. A monthly time frame helps to add gears of consciousness (ATH, 3 bar swing formed).
Blue lines form the channel, which is the Keltner Channel. It shows the tunnel of extremes as well. This means that if we reach the lower band, we may dance there for a while, and then it will bounce.
Hypothetically, if we enter the bearish market, we need to see the lower low and the lower highs at least on the weeklies. For me it will tell that all bounces will be shorter (~ Fib. 0.382) and sharper, and I will adjust my expectations.
Coming back to the current situation on weeklies, I see we are on a bullish trend. On dailies, obviously in a downtrend and near its local bottom. We closed the old gap, so the next potential magnet is ~575-ish support. To confirm a bounce start we want to see at least 3 bar reversal, a ka lower low formed and follow through. The sentiment brightness might be sticky, so no promises.
Stay profitable!
Cheers!
SPY in Buy ZoneMy trading plan is very simple.
I buy or sell when at three of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes beyond it's Bollinger Bands
* Stochastic Momentum Index (SMI) at near oversold overbought level
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of channels
Stochastic Momentum Index (SMI) at oversold level
Money flow momentum is spiked negative and under at bottom of Bollinger Band
Entry at $586
Target is upper channel around $612
SPY: Still A Good Buy for 2025The SPX500 (SPY) here on the chart has fallen about 4.46% for the year 2025. Already a good retracement for 2025.
The price at 587.36 (daily chart) is in a window's range of potential support after hitting that 612 weekly/monthly target of resistance at the top.
Tentative Projection for 2025: 680
Daily:
Weekly:
SPY - support & resistant areas for today Feb 27, 2025** AMEX:SPY : Daily Support and Resistance Levels**
Here are the key support and resistance points for SPY for today. These levels are crucial as they define areas where the price may reverse or consolidate. A bounce off these support or resistance zones can signal potential long (buy) or short (sell) positions for traders.
These levels have been calculated using mathematical models and future forecasting techniques, ensuring that they are relevant for the trading day. Please note that these levels are only applicable for today’s trading session and may change in the future.
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