Long SPY off 200 day 571.05Look Daily stoch on bottom look SPY holding
200 day have stop under 200 day in case drops
Will see how jobs # are looking 595
S27 trade ideas
$SPY March 7, 2025AMEX:SPY March 7, 2025
Time frame monthly analysis.
Monthly.
The current move started from Covid low.
So, for the move 218.26 to 613.3 holding 520 is important now as it represents 23.6% retracement.
And for the extension 218.26 to 480 to 318 we have completed 100% move 614 levels. for the rise 218 to 480.
Hence, we are having some resistance.
Also 520 is 21-month average and in important.
Weekly.
Starting from low 348 if we connect 409 low taking top channel as 609 and draw a channel, we see AMEX:SPY in channel.
Here 560-565 is important to hold being 50 week average and mid channel line.
I expect pull back as oscillator is losing strength and we have red volume bars above average last 3 weeks.
Daily.
Too many above average sell volumes.
My stochastic false bar indicator became red.
So, any rise is only sold on rise until I get a green false bar.
My Eliott oscillator is red.
Price touching 200 averages last 3 days.
A steep fall from 613 to 570.
So, if we take the last rise from 510.27 to 613.23 38.2% correction done.
If AMEX:SPY breaks this then it is weaker.
At the moment if break 569 levels will bar close near low my target is 560 levels. which is 50% retracement for the rise.
And in daily if we take the rise from 540 to 613 565-568 represents 61.8% retracement for the rise.
That will be my target today.
So, for the day if 570 breaks target 565-568.
And for the last fall 613.23 to 570.12 605 need to cross for ant longs in daytime frame.
At the moment.
And any pull back to 576-578 will be a good level to short.
Not the time to go long.
SPY Stock Chart Fibonacci Analysis 030625Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 577/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Nightly $SPY / $SPX Scenarios for March 7, 2025🔮 🔮
🌍 Market-Moving News 🌍:
🇺🇸📊 Anticipated U.S. Jobs Report 📊: The Bureau of Labor Statistics is set to release the February employment report on Friday, March 7. Economists expect an increase of approximately 133,000 nonfarm payrolls, with the unemployment rate holding steady at 4%.
📊 Key Data Releases 📊:
📅 Friday, March 7:
👷♂️ Nonfarm Payrolls (8:30 AM ET) 👷♂️:
Forecast: +133K jobs
Previous: +150K jobs
This report indicates the number of jobs added or lost in the economy, excluding the farming sector, and is a key indicator of employment trends.
📈 Unemployment Rate (8:30 AM ET) 📈:
Forecast: 4.0%
Previous: 4.0%
This metric represents the percentage of the total workforce that is unemployed and actively seeking employment during the previous month.
💵 Average Hourly Earnings (8:30 AM ET) 💵:
Forecast: +0.3% month-over-month
Previous: +0.2% month-over-month
This metric indicates the month-over-month change in wages, providing insight into consumer income trends.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
SPY Another -10% Fall Incoming?Here in this video, I would like to help you guys understand my perspective for SPY for these next upcoming months. I believe its very possible that we could see another -10% fall from today's close.
My overall target would be the low of august sell off, and as I mentioned in the video, I truly believe that sell off back in August was just a flash of what's to come.
Most importantly, done panic. Huge sell off leads to great buying opportunities. Wishing you all the best! I'd love to hear you guys perspective as well!
SPX SPY Trading Range or BO? Daily Chart Analysis - 5 Mar 2025
• The market traded lower earlier in the day. The market then reversed higher for most of the day around noon time. The SPX then pulled back off its high in the final 30 minutes of the day.
• The bulls see the market trading in a broad bull channel and want the move to continue for months. They want an endless pullback bull trend.
• They want a retest of the all-time high (Dec 6) followed by a breakout and trend resumption. They see the current move as a bull leg within the trading range.
• They want a reversal from a double bottom bull flag (Jan 13 and Mar 4) and a wedge (Feb 25, Feb 28, and Mar 4).
• They hope the bottom of the 22-week trading range will act as support. They want a failed breakout below the January 13 low.
• At the least, they want a retest of the middle of the trading range (around the 20-day EMA).
• If the market trades lower, they want the November 4 or October 3 low to act as support.
• The bears got a reversal from a higher high major trend reversal, a wedge top (Dec 6, Jan 24, and Feb 19), and a smaller double top (Jan 24 and Feb 19).
• They see the market as being in a 22-week trading range.
• They hope to get a bear leg to retest the January 13 low followed by a breakout below. They got it yesterday (Mar 4).
• Next, the bears want a breakout below the January 13 low, followed by a measured move based on the height of the 22-week trading range.
• If the market trades higher, they want the bear trend line or the 20-day EMA to act as resistance.
• They want at least a small second leg sideways to down to retest the March 4 low.
• So far, the market is trading in a 22-week trading range.
• The SPX broke below the January 13 low yesterday (Mar 4) and traders want to see if there are any follow-through selling.
• Or will the market form a pullback, followed by a second leg sideways to down to retest the March 4 low after that?
• Traders may BLSH (Buy Low, Sell High) within the trading range until there is a breakout from either direction with follow-through buying/selling.
• The bears must create a strong breakout below the January 13 low with follow-through selling to convince traders a breakout could be underway.
Lottos for 550 strike trading I think there's a chance this could be a bull trap in SPY and the rule here would be the more aggressive the rip the sharper the drop.
This is all coming off a big support level. It does have to be respected if we don't drop here a low or a range may be coming.
But if this is a bull trap - a big blitz will come.
Positioned with a bunch of short term OTM lotto puts.
SPY - support & resistant areas for today March 6, 2025The key support and resistance levels for QQQ today are above.
Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions.
Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change.
If you find this information beneficial and would like to receive these insights every morning at 9:30 AM, I invite you to support me by boosting this post and following me @OnePunchMan91. Your engagement is greatly valued! However, please note that if this post doesn’t receive more than 10 boosts, I will have to reconsider providing these daily updates. Thank you for your support!
SPY/QQQ Plan Your Trade for 3-6-25: Breakaway PatternToday's Breakaway pattern suggests the SPY/QQQ will attempt to move away from yesterday's open/close price range.
Given the fairly strong downward pre-market trending in the SPY/QQQ, I'm cautiously optimistic we will see a fairly strong MELT-UP in price related to the recent support/rejection levels near 575.
I'm urging my followers to be cautious of the first 30-60 minutes of market activity today. Jobs data (or other data) could disrupt price after the open and I believe price will be very volatile in the first 30-60 minutes of trading today.
In other words, price may try to SHAKE-OUT early positions with wild volatility before settling into a MELT-UP or MELT-DOWN trend.
As I shared in my video, today's BreakAway pattern could break upward or downward. I believe the upward trend potential has about a 60-70% chance of happening IF the 575 level holds as support. If not, then we will probably break downward.
The fact that BTCUSD is holding up quite well suggests the SPY/QQQ may actually MELT-UPWARD. Again, we need to see how things play out in early trading today.
Gold & Silver are consolidating into a range which may continue over the next 3-4 days. The current bias for Gold and Silver is an uptrend. So, I do believe metals will continue to appreciate throughout this 3-4 day consolidation phase.
The only reason I urge traders to stay cautious for the first 30-60 minutes is because of the Jobs data and how the markets may react to news items. You can't kick the markets to go in a certain direction.
So, often, it is better to let the morning SHAKE-OUT happen, then wait for more clear trending to setup.
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 March 6th 2025
Alright. Well. Right now where futures are at we are underneath this trading range - but this is our range.
If we do gap down at open then the 200Day moving average and the 35EMA on the Weekly and of course the 30min 35EMA the focus. Support is at 575 and that’s where we are in premarket.
Looking a bit droopy from here but let’s see how we open. GL today, y’all.
$SPY March 6, 2025AMEX:SPY March 6, 2025
15 Minutes.
As expected, we had SPY around 575. Taking support and trying to form a base.
Important because 570 is 200 averages in daily.
Once 570 is broken we are in trouble.
Now for the rise 572.74 to 586.58 to 573.08 we can expect 588- 594 as target provided 573 is held.
We rea having oscillator divergence in 15 and 30 minutes but not in 60 minutes.
So, i expect some volatility today/tomorrow for these 575 levels.
Not the time to longs. At the moment.
Nightly $SPY / $SPX Scenarios for March 6, 2025🔮 🔮
🌍 Market-Moving News 🌍:
🇪🇺💶 ECB Interest Rate Decision 💶: The European Central Bank is expected to announce a 25 basis point reduction in its deposit rate, bringing it to 2.5%. This move aims to stimulate economic growth amid ongoing uncertainties, including trade tensions and fiscal policy shifts.
📊 Key Data Releases 📊:
📅 Thursday, March 6:
📉 Initial Jobless Claims (8:30 AM ET) 📉:This weekly report indicates the number of individuals filing for unemployment benefits for the first time, providing insight into the labor market's health.
Forecast: 220K
Previous: 215K
📦 Factory Orders (10:00 AM ET) 📦:This report details the dollar level of new orders for both durable and non-durable goods, offering insight into manufacturing demand.
Forecast: -0.5%
Previous: +1.2%
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Good on here Assuming we stay above $578.5 im proud to claim that this is a good point to start buying the dip. We saw signs Feb was better than Jan and in the best of times we may say, by July we won't even be talking about inflation - remember 2021? Inflation didn't become a thing again until Jan 2022 when rates begun getting raised. We don't know how things will play out into summer but the stock market is all relative and tomorrow looks better than today, today.
Recession IncomingVery clear confirmation signals here across many sectors in the market that we are in a recession. Fundamentals were breaking down last summer in fact, but now everything is rising to the surface and markets are turning. Buckle up.
Oil is breaking down today.
Bond yields continue to signal de-risking.
USD continues to break down.
USD/JPY is heading lower back toward July panic levels.
VIX is sustaining above 20.
I'm not 100% clear on the structure of this count, so please feel free to share your charts and insight here, but I don't think we are looking at a buy the dip and shoot back to new highs situation anytime soon here.. Unless Trump's entire policy stance changes, he drops Tariffs, and starts increasing the deficit and handing out money, the tightening and de-risking will continue. That said, I believe this is a great thing long-term and is what needs to happen, so I am all for a recession at this point. But this medicine is going to tasty very bad.
All of those white boxes below the price chart are unfilled gaps. I'm not entirely sure if there is an amount of time that passes that makes unfilled gaps less reliable, but still they are there.
SPY/QQQ Plan Your Trade For 3-5-25: Flat-Down PatternToday's pattern suggests the SPY will move into a sideways type of stalling pattern. Based on yesterday's rejection off the lows, I suspect we may see some continued upward reversion trending, then we'll likely see the SPY move into a stalling pattern near 579.
Ultimately, the Flat-Down pattern does not suggest big trending will take place today.
Yesterday's price rejection off the lows adds a bit to the overall picture that the SPY may attempt to move away from that lower support level - thus, we may see some upward "melt-up" type of trend today.
But, overall, I'm not confident we'll see any big price trends today. I expect the SPY to stay somewhat flat/muted today. Same thing with the QQQ.
If we do see any big price move today, it will likely be news-related.
Gold and Silver are both sitting near 618 pause levels and continuing to try to push higher. I believe both gold and silver will make an expansion move over the next 5 to 7+ trading days and begin a very solid rally phase. Where gold will attempt to break above $3000 and Silver will attempt to rally above $35.
Bitcoin is still struggling in the Consolidation phase. This wide-range consolidation should continue until sometime near March 19-24.
Don't expect Bitcoin to do much except consolidate into the flagging sideways price trend for the next week or two.
Go get some today.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY Trade Idea – March 2025📌 Trade Type: Bullish Rebound Play (Short-Term Swing)
🎯 Thesis:
SPY has experienced a sharp pullback, bouncing off key support near 572-576 with high volume. Indicators suggest oversold conditions, hinting at a short-term relief rally.
📊 Trade Plan
🟢 Long Entry (Buy Call Options or Shares)
Entry Zone: $575 - $578 (Wait for confirmation of support holding)
Stop Loss: $568 (Below strong support; exit if broken)
Take Profit Targets:
TP1: $590 (Short-term resistance)
TP2: $600-$603 (Major resistance & profit zone)
🔴 Bearish Alternative (Hedge or Short)
If SPY breaks below $568, enter PUT options or short with:
Target: $560-$556
Stop Loss: $575
