The markets aren't DEAD yet! Stock Market Analysis 🚨 Stock Market Analysis🚨 In this video we will be going over: -What happened on the NASDAQ:QQQ AMEX:SPY AMEX:IWM -FOMC Meeting and Chair Powell's Speech -Economic outlook and recent numbers -Technical Analysis When in doubt ZOOM OUT! 👇Long31:26by RonnieV29121223
SPY/QQQ Plan Your Trade For 12-19 : Top PatternToday, we should expect the SPY/QQQ to move a bit higher - trying to form a short-term top before price rolls downward again. I urge traders to stay very cautious of early trending and look for a bigger opportunity later in the day as price rolls downward. Gold and Silver are struggling. I still believe Gold and Silver will rally higher as fear elevates. But right now - that is not happening. I need to see Gold and Silver move away from this panic selling before I can become move convinced of a trend. Stay cautious if you are trying to trade Gold and Silver right now. Bitcoin is moving through an EPP pattern very cleanly - actually a DUAL EPP pattern. $95-$99k should be the downside price target throughout this move. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldShort24:15by BradMatheny5
SPY Should turn lower in 5 wavesSpy had an impulsive move to the downside and has bounced overnight, im looking for one more low to complete 5 waves.. Lets seeShortby Jermme0
SPY One leg lowerSpy had an impulsive move to the downside and has bounced overnight, im looking for one more low to complete 5 waves with divergence... Lets seeShortby Jermme0
$SPY December 19, 2024AMEX:SPY December 19, 2024 15 Minutes. The breakdown below 598 was expected to be bad. But this was brutal. Chart completely messed up. Needs days to align again. There was a 30$ difference in daily between 9- and 100-day averages. Hence, I was very hesitant in going longs. No trade day today for me. Any retracement up to 598 is a sell. As can be seen all bars had close near bottom. Very rare to get chart like this. Shortby RiderTrader0
$SPY ChatGPT's predicted 12/19 Move Per chatGPT www.tradingview.com Considering the anticipated GDP report and its potential impact on market sentiment, here are three scenarios for SPY’s intraday high and low: 1. Best-Case Scenario: • High: $600 • Low: $585 Assumption: The GDP report exceeds expectations, indicating robust economic growth, which boosts investor confidence and leads to a market rally. 2. Moderate Scenario: • High: $590 • Low: $580 Assumption: The GDP report aligns with forecasts, suggesting steady economic conditions. The market reacts with cautious optimism, resulting in moderate price movements. 3. Worst-Case Scenario • High: $580 • Low: $570 Assumption: The GDP report falls short of expectations, signaling potential economic slowdown. This triggers investor concern, leading to a market sell-off and lower SPY prices. Note: These scenarios are hypothetical and depend on various factors, including investor sentiment, market liquidity, and broader economic indicators.by harrisonpend111
No One Good Trade Today: Here is A Quick Market BreakdownWe saw major volatility in the market yesterday. This is not something that we could have predicted. It is our job to be on the right side of the market today and moving foward after this move. In my morning overview yesterday, I talked about about how the federal reserve would cut but, likely not cut into 2025. Apparently, this was not common knowledge and it scared markets. 02:48by JoeRodTrades111
Bearish 5% or 8% ?The previous two correction cycles lasted about one month, with a correction of approximately 6% and 8%. How much will this one be?Shortby WhaleTJ0
SPY 15m Analysis: FVGs and Key Levels for Next MovesOverview This idea focuses on the SPY 15-minute chart, highlighting key fair value gaps (FVGs) and critical support/resistance levels. The current price action shows potential for both bullish and bearish scenarios, contingent on price reactions at crucial levels. Bearish Scenario Key Level to Watch: If SPY closes below 566.44, it signals further downside momentum. Traders should look for the formation of the next Bearish FVG to initiate short positions. Projected Target: First Target: 550–555 zone (likely demand zone or support area). Downward momentum is supported by the recent sharp sell-off, indicating heavy selling pressure. Invalidation: A sustained move back above 588.85 will weaken bearish momentum. Bullish Scenario Key Level to Watch: For any upward momentum, a Bullish FVG must form above the current price, likely in the 588.85–595.79 range. Projected Target: First Target: 595.79 Second Target: 600+, where stronger resistance may emerge. Invalidation: Failure to hold above 588.85 could result in further selling pressure. Volume and Momentum Considerations While individual candlestick volume isn't displayed, the rapid decline hints at increased selling pressure. Monitor volume closely during retests for confirmation of strength or weakness in price action. Plan Your Trade: Use clear invalidation levels to manage risk. Wait for price confirmation (e.g., closing below 566.44 or a bullish FVG forming above 588.85). Utilize stop-loss orders to safeguard against unexpected reversals. Conclusion This setup allows for flexibility, focusing on key zones and volume confirmation. The bias leans bearish, but a bullish retracement cannot be ruled out if price action shifts momentum. Keep an eye on FVG formations for entry signals.by CapitalGainz332
SPY Crashed Today: Where Will It Head Tomorrow? (Dec. 19)The market witnessed a steep decline today, with SPY reflecting significant selling pressure. This crash-driven move indicates a pivotal shift in market sentiment, raising questions about support levels and potential recovery zones. Market Structure Analysis * Trend Overview: The daily chart shows SPY breaking below its ascending channel, signaling a potential trend reversal or deep correction. * Volume: An extraordinary spike in sell-side volume highlights panic selling and a possible capitulation phase. * Sentiment: Sentiment appears bearish in the short term, driven by macroeconomic fears. Supply and Demand Zones * Demand Zone: $577–$580 (critical for any potential bounce). * Supply Zone: $602–$607 (will act as immediate resistance on recovery attempts). Order Blocks and Support/Resistance * Key Resistance: * $591: A psychological and structural level. * $602: High volume node and previous breakdown level. * Key Support: * $580: Near-term support; failure to hold could test $572. * $567: A crucial lower-level support. Key Indicators * EMA: * 9 EMA and 21 EMA crossed bearish, confirming short-term downtrend momentum. * MACD: * Deep in bearish territory, momentum remains strongly negative. * RSI: * Oversold on multiple timeframes, signaling potential for a technical bounce. Options Flow and GEX * Put Wall: Significant at $590 and $580 levels, suggesting bearish bias remains strong. * Call Wall: $604–$607, indicating heavy resistance if price retraces upward. * Gamma Exposure (GEX): Negative, reinforcing current bearish momentum. Scalping vs. Swing Outlook * Scalping: * Look for intraday bounces from $580 to $586 with tight stop-loss below $578. * Swing Trading: * Wait for confirmation of bottoming signals near $577 before entering long. Bearish positions remain valid below $590. Actionable Suggestions 1. Short-Term Bullish: * Entry: Near $580 support. * Exit: Around $586–$588 resistance. * Stop-Loss: Below $578. 2. Short-Term Bearish: * Entry: On rejection at $590. * Exit: Target $580 or lower. * Stop-Loss: Above $592. Conclusion SPY's break of key support levels indicates a bearish short-term outlook. However, oversold conditions suggest a technical bounce could occur in the $577–$580 range. Monitor key levels and macro catalysts closely before positioning. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk responsibly before trading. by BullBearInsights3
$SPY - Will the right shoulder form?AMEX:SPY It's still too early, but there's a chance this could develop into a head and shoulders pattern. Will the right shoulder form?by PaperBozz339
SPY 65 MinutesNeed to recapture 590 or we dial 911. Looking at 65 minute timeframes, seems to me that we need to get 590 by friday so the bull parade gets goingby LuisCorleone0
SPY GETS FROTHY We might see all post election gains erased before year end, are you a BULL or a BEAR...... is the Santa rally over?! What say you? Shortby Driven_Supercars110
SPY to $585?: EOY Price TargetUsing the Magic Linear Regression Channel on TradingView.com we look at some possible scenarios for SPY price movement. A shorter term regression channel shows SPY at the top of the channel and rejecting it today - even with more buyers than sellers in the TradingView Volume Footprint chart view. The bottom of the channel converges with last pivot low near $584. It could conceivable go lower, but with lower volume likely during the holiday season, it would seem less likely for it to make any more big moves barring some major unexpected event.Short10:42by mwrightincUpdated 7711
S&P500 ETF SPY Testing Support📉 ** AMEX:SPY Testing Key Support!** 📈 The **S&P 500 ETF ( AMEX:SPY )** is pressing against a critical support level — the **green trendline** that's been a pivotal bounce zone for months. Will it hold or break? 🤔 🔍 **What’s driving the move?** - 🔥 **Hawkish FOMC Outlook**: The Fed now sees **fewer rate cuts in 2025 (2 vs. 3 expected)**, keeping rates higher for longer. - 📢 **Geopolitical Risks**: Powell noted some Fed members are factoring in possible **Trump-era policy risks** (think tariffs & deportation) into their forecasts. - ⚠️ **Market Reaction**: Growth stocks are under pressure as higher rates impact valuations. 📊 **Why It Matters?** - If AMEX:SPY holds the support, we could see a technical rebound. 🚀 - A breakdown below the green line could signal further downside risk. 📉 👉 **Traders, are you buying the dip or waiting for the break?** Drop your thoughts below! ⬇️Longby AlgoTradeAlert222
Grinch drop, Santa popSPY is at it's 2 year trend channel resistance level. There's very little upside reward left. There's a greater downside risk. The Grinch may try to steal Christmas with a temporary SPY drop towards support. But then a Santa Claus rally will pop SPY back up to it's resistance level. SPY 2 year trend channel levels: resistance = 605 pivot = 585 support = 565 trade ideas: 1) collar strategy hold 100 shares sell 585 call buy 605 put 2) buy 605 put 3) short call spread sell 585 call buy 605 call 4) long put spread buy 605 put sell 585 put SPY options data: 12/6/24 expiry Put Volume Total 219,329 Call Volume Total 125,297 Put/Call Volume Ratio 1.75 Put Open Interest Total 750,130 Call Open Interest Total 233,054 Put/Call Open Interest Ratio 3.22 12/13/24 expiry Put Volume Total 69,042 Call Volume Total 43,893 Put/Call Volume Ratio 1.57 Put Open Interest Total 317,687 Call Open Interest Total 228,869 Put/Call Open Interest Ratio 1.39 12/20/24 expiry Put Volume Total 336,702 Call Volume Total 139,171 Put/Call Volume Ratio 2.42 Put Open Interest Total 3,273,537 Call Open Interest Total 1,426,800 Put/Call Open Interest Ratio 2.29 12/27/24 expiry Put Volume Total 13,062 Call Volume Total 14,931 Put/Call Volume Ratio 0.87 Put Open Interest Total 72,224 Call Open Interest Total 59,538 Put/Call Open Interest Ratio 1.21 1/17/25 LEAPS Put Volume Total 191,268 Call Volume Total 63,574 Put/Call Volume Ratio 3.01 Put Open Interest Total 2,376,812 Call Open Interest Total 855,976 Put/Call Open Interest Ratio 2.78Shortby Options360Updated 3311
SPDR S&P 500 ETF Trust (SPY) 2-Hour Time Frame Analysis Current Current Market Overview As of December 2024, the SPDR S&P 500 ETF Trust (SPY) is showing a bullish trend with the following technical indicators: MACD : Suggests a buy signal. RSI : Indicates a neutral signal. Moving Averages: Both 20-day and 50-day moving averages suggest a buy signal. Price Action: The support level is at US$600.96, and the resistance level is at US$607.46. Options Strategy Recommendations 1. Long Call trade_id: g-663257 Signal: Bullish Option Strategy: Long Call Current Price: US$605.57 Strike Price: US$550.00 Expiry Date: 20-Dec-2024 Buy/Sell: Buy Call/Put: Call Premium: US$55.46 Stop loss: US$49.91 Take profit: US$61.01 Probability of Profit: 51.4% Implied Volatility: 96.81% Max Loss: US$-5546.00 Max Gain: ∞ (infinity) Break-even price: US$605.46 Days to Expiration: 2 Rationale: This strategy is designed to capitalize on a bullish outlook for SPY, with a high probability of profit and a defined risk-reward profile. Conclusion The SPY is currently in a consolidation phase, and the recommended options strategy provides an opportunity to capitalize on potential bullish market movements. The Long Call offers a high probability of profit with defined risk, allowing for profit from significant price movements in the upward direction.Longby CapitalGainz33Updated 114
(GET READY) The expected move for FOMC in SPYThe expected move for FOMC in SPY After making new all-time highs on Friday, December 6, we have been consolidating back to the 30 minute 200 moving average. You could see how we’ve been chopping around sideways along the 35 EMA back to the 30 minute 200 moving average. So we are just above that 30 minute 200 moving average yesterday we closed directly above it with the 35 EMA directly above that and so far this morning we are above those two levels. We are in that down gap from Monday, going into Tuesday so possible level of resistance around 607 and then we have the one hour 200 average at the very bottom of the implied move. So the implied move is between 600 to 609 and on tomorrow’s contract for Thursday 599 to 610. I’m taking a little short break from making videos because they are very time-consuming and in December in this month with everything going on I just don’t have time to make them, but I will be getting back to that in January and for now I’ll still be posting these still charts GL, y’all by SPYder_QQQueen_Trading6
$SPY December 18, 2024AMEX:SPY December 18, 2024 15 Minutes. Downtrend intact. AMEX:SPY below 50,100 and 200 averages. Any pull back to 605-606 levels will be shorted. My Initial target is 600 which is also 200 averages in 60 minutes. I will go long at the moment only above 608 levels. Shortby RiderTrader141427
Morning Overview: FED Decision W/ Sticky InflationThe FED is set to make a decision on interest rate cuts todays. The market has them priced in already and I doubt the FED wants to surprise markets. Going forward into 2025 I don't think they cut in Q1 for this reason. This video covers: * patterns in tech stocks that resemble some climatic activity. * patterns in consumer stocks * Trades I currently in * One Good Trade series trades * Possible setups for today 06:27by JoeRodTrades1
Spy Looks Bullish With a 15min bullish FVG forming S&P 500 (SPY) Price Action Analysis Current Price and Technical Overview Current Price: $605.28 (as of last close on 17-Dec-2024) Market Status: Closed Day Change: +$0.99 (+0.16%) Technical Analysis Summary Overall Signal: Bullish Oscillators: Predominantly 'Hold', with the Momentum Indicator suggesting a 'Buy'. Moving Averages: Strong bullish signals from short-term and medium-term averages. Pattern: Breakout above resistance indicates a bullish trend. Resistance Level: Potential price target near $608.65. Pivot Point Analysis: Price is above the pivot level of $606.59, supporting bullish sentiment. News Sentiment Sentiment: Entirely positive, likely to drive buying activity and support upward price movement. Interpretation The technical indicators for SPY suggest a bullish stance. The strong signals from moving averages and the breakout above resistance levels indicate potential for further gains. The positive news sentiment reinforces this outlook, suggesting a likelihood of price appreciation in the near term. Trading Strategy Consideration Given the bullish outlook, traders might consider entering long positions or call options on a retest of the pivot level at $606.59, aiming for the next leg up towards the resistance level of $608.65. However, it's crucial to monitor for any signs of reversal or changes in sentiment that could impact this strategy.Long07:36by CapitalGainz33Updated 112
SPY Technical Analysis (TA) and GEX Analysis for Dec. 181. Daily Chart (1D) * Trend: SPY is trading within a well-established upward channel. The price recently hit resistance at the upper channel line (~609), suggesting overbought conditions. * Support Levels: * 590: Key short-term support, aligned with the lower EMA support. * 577-571: Major support zone; a breakdown here signals a bearish shift. * Resistance: * 609-610: Upper trendline resistance. SPY has failed to hold above this range. * Indicators: * MACD: Bearish divergence forming as momentum weakens while price pushes higher. * Volume: Strong volume uptick at recent highs, suggesting possible distribution. Bias: The daily chart signals caution, with a potential pullback to 602-604 (middle channel) or further to 590. 2. Hourly Chart (1H) * Price Action: SPY shows rejection from the upper resistance (~609) and is trending downward towards key intraday support at 602-603. * Support/Resistance: * Support: 602 (highest PUT Wall in GEX), 604 (confluence of EMA and PUT Wall). * Resistance: 607-608 (CALL resistance). * Indicators: * MACD: Bearish crossover; momentum remains negative. * Trendlines: SPY is testing lower channel support on this timeframe. Bias: SPY is likely to remain range-bound between 603-607 for now. A break below 602 could accelerate downside pressure. 3. GEX Analysis * Key GEX Levels: * 607: CALL Resistance (1.25%). Likely an upper cap. * 603: Highest negative NETGEX/PUT Support. This level is critical; breaking below it increases bearish momentum. * 602: Second PUT Wall (-32.62%), significant downside target. * Options Oscillator: Indicates PUT dominance with 56.9% Puts versus Calls. * IVR (Implied Volatility Rank): 16.7 — IV remains low, suggesting minimal volatility expectation. GEX Insight: The options market suggests 603 is the battleground. Bulls need to reclaim 607 to push higher, while bears will attempt to defend the PUT-heavy zones at 603-602. Trade Outlook for SPY * Bearish Setup: Look for rejection at 605-607. A breakdown below 603 can target 602, with potential downside extension to 600. * Bullish Setup: A strong rebound off 603 with volume could signal a push back to test 607. Break above 608 confirms bullish continuation. Conclusion SPY remains at a critical juncture near upper resistance. Monitor 603 closely, as a break or bounce here will dictate short-term direction. Options GEX levels highlight a PUT-heavy market, favoring bearish pressure unless bulls reclaim higher ground. This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk. by BullBearInsights3