7/31 ATR Levels and RangeNo comments, just watching. I think today is a "whatever the fudge happens" kind of day.
Good luck all, I am watching these lines based on Volume, Price action and ATR Levels being respected.
SPY trade ideas
SPY BEARJacky found it not me, credit to him
The description is that the grey line of 2021 is the blue trendline of 2024 bull run, the yellow line goes back to 2008 peaks. same case scenario, the bull run has peaked just above the 2008 yellow trendline and then when broke below the orange cloned trend line of 2024 bottoms, it made bear Aadi, support/break/resistance on yellow trendline, which can be called as the bull traps of 2022, everything is explained
if you want to go a step further ,PVTO looks bearish with this increase after the last bottom hit on the orange line deemed unsustainable.
1month PVTO looks worse aswell settting up for a big downtrend, reminds again of the same candle in the same postion explained above on dec 2021 bull run top.
when u see this look at the daily PVTO and price action of now and dec 2021 peaks, PVTO failed to keep itself above red incredible lines i must admit. orange line support, grey line resistance, one orange line breaks, we find 3 times resitance on yellow line before breaking further, bull traps.
thank you, god is king
$SPY July 21, 2024AMEX:SPY July 21, 2024
15 Minutes.
547 was resisted.
For the day consider the fall and rise from
547.34 to 538.51
and 538.51 to 543.66
For the fall AMEX:SPY retraced nearly 61.8%.
So, for the rise must hold 541 today to target 200 averages around 546-547 again.
Downtrend in 15 minutes intact as long as AMEX:SPY below 15 minutes.
SPY/QQQ Plan Your Trade 7-30 - Pop Pattern Disrupted By NewsToday's POP pattern, which I suggested would present a very solid Bullish trending opportunity, was disrupted by news of Israeli attacks in Lebanon.
I truly believe today would have resulted in a very strong reversion rally had the markets no been disrupted by the new conflict.
Still, we need to play the markets and not rely exclusively on my SPY Cycle Patterns.
In this video, you'll see me go over a number of symbols (SPY/QQQ/Gold/Crude Oil, others) and show you some of the new tools I've been working on to help traders stay on the right side of market trends.
I still expect the Vortex Rally to take place over the next 30 to 90+ days - building strength as the US markets trend upward.
I believe the conflicts and global economic uncertainty will drive capital into US-Dollar-based assets over the next 12+ months - creating the Vortex Rally.
This will also drive hedge instruments higher.
As the US markets shift into the preferred safe-haven asset class (again), we should have nearly unlimited opportunities for great trades over the next 12 to 24+ months.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Bounce to HL possibly?holding the recent low is key. Back above and hold the high of today will move me toward Tgt 1 & 2. Tgt 3... maybe. Looking for double top.... doesn't have to happen, but that's what I'm looking for.
below 537, 531 possible target.
Let's see what Aug is made of. PCE 7/26, EOM 7/31
SPY: Trend Analysis and Next Support Levels to Watch. (D&W)The SPY chart presents an interesting mix of price action and technical signals. On the daily chart, the ETF recently encountered resistance around the 565.16 level, which is marked by an all-time high. Now, it is in a bear trend, as the price is making LH/LLs, while it trades below the 21 EMA. Its next technical support is the $537.01, and in the lack of technical evidence suggesting a bottom signal, SPY is supposed to get there.
On the weekly chart, the bearish engulfing pattern that appeared after reaching the all-time high has been a notable signal. This pattern suggests a potential shift in market sentiment, with sellers gaining control after an extended uptrend. The weekly chart also highlights the importance of the 21-week EMA, currently around 529.09, which has historically acted as a dynamic support level. This EMA is a crucial line to watch, as its breach could signal a deeper correction.
The combination of the daily and weekly signals indicates a market in a state of flux. The bearish engulfing pattern and the inability to sustain a rally above the recent highs suggest caution. We can say that SPY is in a mid-term bear trend, while in a long-term uptrend. It all depends on how it'll react around its next support levels, namely the $537.01 (D) and the 21 EMA (W).
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
spy 535AMEX:SPY do we see 535?
broke major support = lower
TVC:VIX pushing over 17.71 now= lower
NVDA under 100?
lots of questions to ask ourselves.
I personally think this correction is due to mid earnings, a needed pullback if interest rates are going to get lowered. semiconductors being over priced.
SPY ShortSeasonality Shorting Opportunity, previous analysis was not analyzed appropriately.
do you DD, and not FA. Good luck
SPY/QQQ Plan Your Trade For 7-30 : Bullish POP PatternToday's POP Pattern in Carryover mode suggests the SPY will attempt to move above $550-551 on moderate bullish trending.
I believe the way the patterns are set up, the price will attempt a moderate rally with the POP pattern. Then, move into mild consolidation (downward trending) on tomorrow's Counter-trend Bottom-Rally Start. Then, move into a moderately explosive upward/bullish phase on Thursday/Friday with the BaseRally301 and Breakaway patterns.
Overall, I see the SPY/QQQ moving into the new Vortex Rally Phase over the next 30 to 90+ days, which will present incredible opportunities for skilled traders.
I'm only trying to predict one week at a time. The last time I did this, I tried to predict three weeks into the future. The more time I include (further out into the future), the more likely my predictions will be incorrect regarding price location/range.
So, we will keep this simple - going one week at a time.
I hope you guys are benefiting from all my hard work. It took me over 20 years to learn enough to figure out these SPY Cycle Patterns. You guys are getting a taste of them for Free on TradingView.
What do you think so far?
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY LEVELS FOR WEEK OF 7/29/24Trying to keep this as simple as possible.
Once price breaks outside of the Blue range, watch for possible retest of broken level and be ready to long or short into the green ranges.
Price may exceed green range targets, but it’s at least a strong help to make profit.
$SPY July 30, 2024AMEX:SPY July 30, 2024
15 Minutes.
AMEX:SPY was in the range 524 to 547 as expected.
The steep fall from 565 to 537 resulted in moving averages being far away.
That is getting sorted out and now downtrend until 200 averages is crossed on upside in 15 minutes.
I expect a resistance around 547 to 548 levels being previous few bars' highs and 200 average levels. And if it gives above 548.5 549 to 549.3 will give resistance being 61.8% retracement for the big fall from 566 levels.
Tomorrow, Wednesday could be a day to find a trade.
SPY - RSI Hinting Weakness On A Larger Scale?Zooming out really gives you a bigger picture of what this move could be the beginning of. In my time studying price behavior I find the best r/r opportunities come on retests of a negative divergence on the RSI. As you can see on our Weekly chart, we have moved below our RSI moving average. I would really start to worry from a bullish standpoint when the moving average begins to slope downward while price tests higher. This would be proper r/r on the short side if you have not participated on this current move lower. Don't chase, the market often gives you multiple entries if it happens to be the real thing! Safe navigating.
SPY/QQQ Plan Your Trade EOD 7-29 - Prepare For Tomorrow's POPThis is an end-of-day recap of the Flat/Down SPY Cycle Pattern - which played out perfectly.
As I warned, this type of pattern suggests the SPY will stay in a consolidated range and attempt to drift downward throughout the day. This type of pattern presents a very difficult day for day traders.
Tomorrow's POP pattern should be very exciting. I'm reading the POP pattern as a Carryover of trending.
Because of this, I'm suggesting tomorrow's POP pattern may present a strong rally trend - possibly attempting to move above $554-555 on the SPY.
If my research is accurate, tomorrow should be a great day for day traders and present some real opportunities for profits.
Hope you are all enjoying my work. Let me know what you think.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY Long July 30thAMEX:SPY 548 strike price (midpoint of 546-550) imo Favoring strikes with higher liquidity to ensure smooth trading.
this is not financial advice, Evaluate if the slightly higher strike price aligns with your market outlook.
The Cloud is the BottomToday's steep fall was way to steep. We have reached the top of the rising cloud which will be a support. We could not stay below the Island which we had entered 12th-14th June. This signals an oversold status.
A correction of the fall since 16th June is likely now if not a resumption of the uptrend.
SPY/QQQ Plan Your Trade For 7-29 : Flat/Down PatternPrepare for a fairly mild day today with the Flat/Down SPY Cycle Pattern.
This pattern suggests the SPY will struggle to find any real trend and will stay relatively flat overall with a moderate downward price trend.
Watch this video. We are in the early stages of a broader Vortex Rally phase - but price will continue to roll higher and lower through cycles. Today's Flat/Down pattern is not a big concern for me. I'm more focused on the broader Vortex Rally phase and how that will continue throughout 2024 and into 2025.
If my research is correct, we are shifting into a new broad price trend that could be explosive. The greatest opportunity of your life is sitting right before you.
If you have not been paying attention to my research/work/tools - maybe it's time to start paying closer attention to what I'm saying.
The next 3~5+ years should be filled with incredible opportunities for skilled traders.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
$SPY July 29, 2024AMEX:SPY July 29, 2024
15 Minutes.
After the fall from 565 AMEX:SPY is in sideways consolidation and building base.
For the fall 556.74 to 537.45 AMEX:SPY has retraced 38.2%.
For the rise 538.13 to 547.19 AMEX:SPY retraced 50%.
Since the numbers are below 200 averages downtrend in more probability.
So, for the day holding 540-542 levels i expect 545.6 to 548 as target.
For the larger rise 518 to 565 we have 537 as 61.8% retracement.
So, if 540 breaks the 536-537 will be target for me.
Spy 550 PutsWe have developed a Change Of Character on spy on July18 from its previous uptrend from April 19, 2024 to July 17, 2024.
Im looking for a rejection at levels 550.50 - 550 for a continue of its downward channel.
SPY/QQQ Plan Your Trade 7-28 - Vortex Rally Phase InitiatesGood afternoon everyone,
This Sunday update highlights my SPY Cycle Patterns for next week and discusses my belief that the US stock market has entered a new Vortex Rally Phase.
For those unfamiliar with my extended research, every weekend, I spend more than 10 hours creating Custom Index charts and reviewing other proprietary data points while attempting to determine an outcome related to capital flows, expectations, and global market trends.
It's not like I sit here trying to study every global market. I have about 20+ Custom Index charts/data points that show me most of the data I need to see; then, I attempt to verify my expectations by looking at other data points/charts.
I'm seeing the start of a Vortex Rally (as I call it). This is something very important for traders to understand and is clearly defined in this video.
Get ready. We will see a solid US Stock market MELT-UP over the next 12+ months.
Get some
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY Will Explode! BUY!
My dear subscribers,
SPY looks like it will make a good move, and here are the details:
The market is trading on 544.40 pivot level.
Bias - Bullish
My Stop Loss - 538.41
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 553.83
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
S&P 500 Consolidating for couple of daysAMEX:SPY S&P 500 Consolidating for couple of days, waiting for a breakout confirmation in any direction.
Would like to see SPY at $557 next couple of days Pull back to the support trend line after large upward price movement expected.
Don’t expect change of the underlying fundamental narrative that is driving the price action for the rest of the Year.
