Nightly $SPY / $SPX Scenarios for May 21, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 21, 2025 🔮
🌍 Market-Moving News 🌍
🇺🇸 G7 Finance Ministers Convene Amid Tariff Tensions
Finance ministers from G7 nations are meeting in Banff, Alberta, focusing on restoring global stability and growth. Discussions are expected to address excess manufacturing capacity, non-market economic practices, and financial crimes. Tensions may arise due to recent U.S. tariffs affecting multiple G7 nations.
🛢️ Oil Prices Rise on Geopolitical Concerns
Oil prices increased over 1% following reports that Israel may be preparing a military strike on Iranian nuclear facilities. Such actions could disrupt Middle East oil supplies, particularly if Iran blocks the Strait of Hormuz, a vital passage for crude exports.
📈 Retail Earnings in Focus
Major retailers, including Lowe's ( NYSE:LOW ), Target ( NYSE:TGT ), and TJX Companies ( NYSE:TJX ), are set to report earnings today. Investors will be closely monitoring these reports for insights into consumer spending patterns amid ongoing economic uncertainties.
📊 Key Data Releases 📊
📅 Wednesday, May 21:
10:00 AM ET: State Employment and Unemployment (Monthly) for April 2025
10:30 AM ET: EIA Crude Oil Inventory Report
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
S27 trade ideas
Big Wick Month in Classic Bear MoveWhich type of move we're in is hard to determine at this point, but if we were inside a classic bull trap we'd have to trade down to 5500 - 5400 from this zone.
It'd have to be a wick rejection on the monthly candle.
Which would mean we'd have to dump over 7% in the next 10 days.
These things may or may not happen, but the odds betting on them are awesome.
SPY ... intersting levels when view by DXY ratio and pitchforkSame as all my others, so for reference see my earlier ideas for better grasp of what I do...
But when the dollar changes, you must track that with price to see if things are in inflated territory or deflated territory. As in, gold goes up cause the currencies its measured against go down....cant view it another way.
So if SPY is overdone, it should be higher than previous highs...which the one chart below shows....but the price chart doesn't show it....so if your stock accelerates faster than the currency can devalue....you have potentials for blowoffs and hard reversions.
enjoy:
SPY 4H | Smart Money Concepts x Fibonacci ConfluencePrice has rallied into premium territory (above the 0.786–0.886 Fibonacci retracement), tapping into a prior strong high with signs of exhaustion. From a Smart Money perspective, we're entering a high-probability sell-side liquidity sweep zone. 📉
Key Technical Highlights:
🔺 Strong High @ ~613.23 aligning with FVG and premium zone
🔻 Projected retracement target: 560–565 zone (mid-FVG & equilibrium)
⚖️ Equilibrium at ~563 — likely acting as magnet for price
🟦 Demand zone and breaker block overlap between 560–570
📈 Long-term bullish trajectory remains intact if this corrective leg plays out and holds
Bias:
Short-term Bearish: Potential rejection from premium into equilibrium
Mid-term Bullish: If we reclaim the demand zone with strength, we likely re-accumulate and target the ultimate liquidity grab @ 644.46
"Liquidity seeks liquidity. Patience is premium." – Wavervanir DSS
📍Watch for volume confirmation and reaction near 560–570 before scaling in. If invalidated (close above 613), reevaluate bullish breakout scenario.
#SPY #SmartMoney #Fibonacci #Wavervanir #Liquidity #VolumeProfile #OrderBlocks #TradingView #QuantStrategy #PriceAction #SMC
$SPY May 20, 2025AMEX:SPY May 20, 2025
15 Minutes.
The expected retrace did not happen.
588-594 movement has led the 200 averages in 15 minutes to move up gradually.
So, the move 588.1 to 595.53 holding 591-592 levels uptrend intact for 598-599 levels.
This is extension for the move 541.52 to 568 to 556
AMEX:SPY weak below 590-589.
Nightly $SPY / $SPX Scenarios for May 20, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 20, 2025 🔮
🌍 Market-Moving News 🌍
📉 Bear Market Concerns Emerge
Veteran investor David Kotok warns of a potential bear market, projecting that tariffs could reduce S&P 500 earnings per share from $260 to $230 over the next year. This outlook suggests a possible decline of the index to the 4,000–4,400 range, with elevated Treasury yields further pressuring valuations.
🚢 Retail Inventory Challenges Amid Tariff Uncertainty
The Port of Los Angeles reports potential lower inventories for retailers due to ongoing U.S.-China tariff uncertainties. Despite a temporary 90-day tariff reduction, complexities in forecasting cargo volumes persist, potentially leading to fewer product choices and rising prices for consumers.
🛍️ Retail Earnings Spotlight
Major retailers, including Home Depot ( NYSE:HD ), are set to report earnings today. Investors will closely monitor these reports for insights into consumer spending patterns amid economic uncertainties.
💬 Federal Reserve Officials Scheduled to Speak
Federal Reserve officials, including Richmond Fed President Tom Barkin and Boston Fed President Susan Collins, are scheduled to speak today. Their remarks will be scrutinized for indications of future monetary policy directions.
📊 Key Data Releases 📊
📅 Tuesday, May 20:
10:00 AM ET: Labor Force Characteristics of Foreign-born Workers (Annual 2024)
10:00 AM ET: State Job Openings and Labor Turnover for March 2025
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Rising wedge on SPY - Melt up? or Next leg down? Immediate Bias (Tomorrow):
Scenario 1 – Bullish Continuation (Low Probability unless there's a macro catalyst):
Breaks above ~$596–$598 cleanly
Retests that zone as support (watch 595.50 intraday)
Then targets:
600 psychological
604–608 upper resistance channel
Possible end-of-month blow-off top: 612–618
Scenario 2 – Pullback / Rejection (More Probable Setup):
Rejected at ~596–597 zone (which aligns with upper wedge resistance)
Breakdown below $590 intraday
Then targets:
587.80 EMA cluster (20/50)
If lost → 576.44 next EMA + demand level
Followed by major support at 565.87 / 563.43
🔥 Week Ahead Trade Plan (May 20–24)
✅ Bullish Possibility:
If NVDA earnings, FOMC minutes, or macro data surprise to the upside
Watch for breakout above the red wedge and hold above 600
Target range: 604 → 612 max upside
🚨 Bearish Scenario:
Wedge breakdown below ~$590
Momentum cracks down to:
587
576 (watch for bounce)
If panic selling → 565–563 (larger time frame buying zone)
Volume divergence and overbought EMAs support a potential cool-off.
📅 Monthly Projection (End of May):
If wedge breaks down → consolidation range between 563 – 587
If wedge breaks out → blow-off rally up to 612–620, but likely to fade quickly
Fed commentary and NVDA earnings on May 22 will be major catalysts
📌 Key Levels
Type Price Notes
Resistance (R3) 612–618 Final upside blow-off zone (channel top)
Resistance (R2) 604 Overhead channel line
Resistance (R1) 595–598 Wedge top + major resistance
Support (S1) 587 EMA cluster + strong local demand
Support (S2) 576 Clean structure + prior breakout
Support (S3) 565–563 Confluence of long-term EMAs + trendline
🎯 Trade Setups
📉 Bearish (Favored if no breakout tomorrow):
Short 595–597 with stop above 600
Targets: 587 → 576
Optional: Add below wedge break (~590)
📈 Bullish (Confirmation-based):
Break + retest of 597–600
Target: 604, then scale out at 612
Avoid front-running long unless you see volume + price close outside wedge
SPY/QQQ Plan Your Trade For 5-19 : Gap Breakaway In Trend ModeToday's pattern suggests the SPY/QQQ will start with an opening price GAP (downward in this case) and could continue to move into a Breakaway pattern.
Given the recent news of a US Credit Downgrade, I'm suggesting all traders prepare for what may become a period of sideways price volatility over the next 3-5+ days.
I've highlighted a potential breakdown range on the SPY/QQQ on my charts that I believe acts as a solid confirmation level related to any potential reversal/breakdown in trend.
Currently, the trend is still BULLISH. If price falls below my breakdown range (the angled rectangle on my charts) - then I believe price will have broken this upward FLAGGING trend channel and will begin to move downward - targeting lower support levels.
This is a critical time for the markets. If we fail to move higher at these levels, we have a long way to go (downward) before we attempt to find any support.
Gold and Silver appear to be attempting to break the FLAG HIGH of an Inverted Excess Phase Peak pattern. This could prompt a strong rally phase back above $3300/$33 for Gold/Silver over the next few days. Time will tell how things play out.
BTCUSD appears to be REJECTING the recent highs within a consolidation range. If this rejection continues, I see BTCUSD moving downward - trying to reach the $95k (or lower) looking for support.
Remember, we are still generally BULLISH and moving upward within the FLAGGING channel. If we do get a breakdown in price over the next few days, it will become clearly evident on the charts and we'll have to begin to change our expectations.
Right now - HEDGE.
Get Some...
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
SPY | RANGE TRADE | Dark Pool Activity | (May 19, 2025)SPY | RANGE TRADE | Dark Pool Activity + Structural Shift | (May 19, 2025)
1️⃣ Insight Summary:
SPX is still trading near a key sell zone, and recent dark pool activity suggests a possible shift in market structure. A correction from here wouldn’t be surprising.
2️⃣ Trade Parameters:
Bias: Neutral with Short Bias
Entry Zone: Watching current highs as a potential area to fade
Stop Loss: Above recent highs (tight and reactive)
TP1/TP2: Targeting lower support zones if correction unfolds
Alternative Setup: If support holds and structure flips, I may look for reactive longs
3️⃣ Key Notes:
✅ Notable dark pool prints showed up on Thursday, indicating potential distribution — this has changed how I view the market structure
✅ I’m preparing for a “sell the highs, buy the lows” scenario inside the current range
❌ A clean breakout above the current resistance zone would invalidate the short bias
💡 I’ve outlined both long and short scenarios — it's all about reacting to what price gives us
4️⃣ Follow-up Note:
If things start moving sharply, I’ll post an update with chart visuals and refined zones. Also, let me know if you'd like my dual-path trade planning template — it’s great for these types of setups.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
S&P500 2022 into the Bear Market. Same Pattern 2025In 2022, before the bear market began, we saw the same pattern that we're seeing now:
1. Sine wave pattern
2. Fake recovery
3. Break above the sine wave top
4. Sharp decline
Last week, right after the sine wave top was broken, U.S. bonds were downgraded AFTER OFFICIAL MARKET SESSION!
It’s no surprise that rating agencies are losing confidence in the U.S. government's ability to repay its debts.
Just look at the rising interest payments — if that’s not a wake-up call, I don’t know what is. 😕
I don’t live in the U.S., but I’m genuinely concerned that a collapse — which now seems nearly inevitable — will impact the entire world.
Going long in U.S. markets under these technical and fundamental conditions? Putting all your eggs back into that basket? Really?
I hope this gives some perspective.
Trade safely, trade small, and keep your risks minimal.
Spy Road To?Weekly Thesis for SPY
Weekly High: $594.50
Weekly Low: $589.28
Weekly Close: $594.20
52-Week Range: $481.80 – $613.23
Critical Breakdown Level: 581
Why 581 matters:
It sits well below S₃ (585.60) and aligns closely with the 38.2% Fibonacci retracement of the past four-week swing (High 594.50 → Low 566.76), which calculates to roughly 581.10.
A decisive weekly close below 581 would breach both pivot-derived supports and this Fibonacci zone, opening the door to deeper pullbacks toward the May 9 low near $564.34
Potential Sell-Wall at 604
Why 604 is a resistance cluster:
It sits just above R₃ (601.26), a confluence of weekly pivot resistance and likely profit-taking levels.
A series of limit orders tend to cluster near these round-number extensions, forming a “sell wall” that may cap any rally unless broken on strong volume.
4. Strategy & Outlook
Caution advised: SPY must hold above 581 on a weekly close basis. A failure to do so would invalidate the recent up-move and likely lead to a test of lower support zones around 587 and 585, then potentially the mid-560s.
Bullish breakout: Only a sustained weekly close above 604—ideally on above-average volume—would signal renewed upside conviction and pave the way toward the 52-week high at $613+.
Action plan:
Wait for confirmation – don’t enter new longs until either 581 holds convincingly or 604 is cleared.
Use tight risk controls – if deploying swing trades, place stops just below 581 for longs or just above 604 for shorts.
Monitor volume – validate any breakout/breakdown with volume spikes to confirm institutional participation.
Im Waiting On Confirmation as Always Safe Trades & JoeWtrades
Weekly $SPY / $SPX Scenarios for May 19–23, 2025🔮 Weekly AMEX:SPY / SP:SPX Scenarios for May 19–23, 2025 🔮
🌍 Market-Moving News 🌍
📉 Moody's Downgrades U.S. Credit Rating
Moody's has downgraded the U.S. sovereign credit rating from Aaa to Aa1, citing concerns over rising national debt and interest payment ratios. This move aligns Moody's with previous downgrades by Fitch and S&P Global, potentially impacting investor sentiment and increasing market volatility.
🛍️ Retail Earnings in Focus
Major U.S. retailers, including Home Depot ( NYSE:HD ), Lowe’s ( NYSE:LOW ), Target ( NYSE:TGT ), TJX Companies ( NYSE:TJX ), Ross Stores ( NASDAQ:ROST ), and Ralph Lauren ( NYSE:RL ), are set to report earnings this week. Investors will be closely monitoring these reports for insights into consumer spending patterns amid ongoing tariff concerns.
💬 Federal Reserve Officials Scheduled to Speak
Several Federal Reserve officials, including Governor Michelle Bowman and New York Fed President John Williams, are scheduled to speak this week. Their remarks will be scrutinized for indications of future monetary policy directions, especially in light of recent economic data and market developments.
📊 Key Data Releases 📊
📅 Monday, May 19:
8:30 AM ET: Federal Reserve Bank of Atlanta President Raphael Bostic speaks.
8:45 AM ET: Federal Reserve Vice Chair Philip Jefferson and New York Fed President John Williams speak.
10:00 AM ET: U.S. Leading Economic Indicators for April.
📅 Tuesday, May 20:
8:30 AM ET: Building Permits and Housing Starts for April.
10:00 AM ET: Federal Reserve Bank of Minneapolis President Neel Kashkari speaks.
📅 Wednesday, May 21:
10:00 AM ET: Existing Home Sales for April.
10:30 AM ET: EIA Crude Oil Inventory Report.
📅 Thursday, May 22:
8:30 AM ET: Initial Jobless Claims.
9:45 AM ET: S&P Global Flash U.S. Manufacturing and Services PMI for May.
📅 Friday, May 23:
10:00 AM ET: New Home Sales for April.
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
$SPY Daily Chart Taz Plan - May 2025 into June-July Breakdown📉 SPY Daily Chart Trading Plan — May 2025
Thesis:
Price has returned to the exact level ($594.20) where the February impulse breakdown began. This zone is acting as a Lower High rejection within a broader bearish structure. A clean rejection here opens the door to multiple inefficiency fills below.
🔍 Structure Breakdown:
Feb High (ATH): $613.23
Feb Open: $592.67
Feb Close (last green candle before impulse): $594.20
Current Price: $594.20
Marked LH: $592.50
This is a rally back into rejection, not strength.
📉 Key Zones & Gaps:
🔺 Gap Supply: $566.48 – $578.50
🔺 Wick Gap: $558 – $566 → Needs a full-body candle to initiate fill
🟥 FVG (4/22): $528 – $541.52
🧱 Major Support: $481.80
🧠 Trade Plan:
Short Entry 1 (Confirmation-Based):
🔻 Red candle rejection under $592.50 = starter short
🔻 Watch RSI and MACD for momentum fade
Short Entry 2 (Gap Breach):
🔻 If $578 is broken and retested → scale in
🔻 Gap fill expected quickly once triggered
Short Entry 3 (Wick Gap):
🔻 Body close through $558 = last add
🔻 Sets up for final flush to FVG
🎯 Targets:
$578.50 → $566.48 (Gap Fill)
$558 → $541.52 (Wick Gap & FVG Top)
$528 – $530 (FVG Close)
$481.80 (Long-Term Panic Target)
❌ Invalidation:
Daily close > $595.50 = Pause thesis
Weekly close > $600 = Structural shift, short squeeze zone
🧠 Final Thoughts:
This isn’t just a gap fill play — it’s a structural fade from a lower high back into memory. The Feb impulse wave left behind layers of inefficiency, and price just tapped the origin of the breakdown.
Momentum is peaking. If this is a trap, the downside should begin immediately.
Let the chart prove it.
SPY volatility this weekI'm posting the rest of the readings I did for each week this month on SPY. This week I'm expecting a drop into Wed. I get all my info from dowsing, btw.
I noticed all last week it kept suggesting to sell rallies, which makes me thing we're going to pull back. The weekly (done at the beginning of the month) did suggest over 5% down this week. But my dowsing now says to watch for a bounce Wed. with a look below & fail. Move up to some extent Wed. & reverse down Thursday (implies gap up or some up). Then Friday up. Short term watching the $575 area for the bounce or resumption of trend.
Next week's reading of down more is a bit of a head scratcher, so that's why I think things could just be really volatile.
Low on QQQ I'm looking for is 498.
I was early, but not wrong - 571 target still standsHello Traders,
We can clearly see a top signal as SPY has started to play out a bearish divergence at the 594 level. The 594 level seemed to fade during after hours upon the announcement of Moody's US credit downgrade as the price sliced through the 590 level all the way down to 588.
I believe the price will rapidly cascade down sub 580, down to 571 Monday - Tuesday. The gap fill is at 565.13. The gap fill level is too obvious, therefore I would be surprised if the price perfectly reversed (although, expect a reaction at this level).
My target for this downturn is 561.63, which is the 38.2% fib level, as low as 551.48.
This would offer a great pullback and buying opportunity for the long term, for the bullish case.
I personally believe that the stock market won't make all time highs, but does not mean I will miss out on bullish opportunities, if the trend does truly reverse.
As always, we will have to see what Monday brings us.
SPY (S&P 500 ETF) Weekly Technical Analysis4H Chart (Short-Term View)
Trend: Ongoing bullish momentum with dominant green candles.
Key Breakout: Strong breakout above the $594–$596 resistance zone, which now acts as support.
Volume Profile (VPVR): A low-volume area between $595 and $610 suggests potential for a swift move higher.
Indicators: The Ichimoku Cloud shows rising support, with positive band compression.
Projection: As long as the price holds above $594, there is potential to test the $610–$615 area.
Daily Chart (Medium-Term View)
Fibonacci Levels: The 0.786 level was broken decisively, indicating strong bullish momentum.
Trend: Clearly bullish, supported by declining volume on pullbacks and steady upward movement.
Volume: Consistent increase in buying volume since April strengthens the bullish case.
Upcoming Resistance: $610–$615 (previous highs).
Weekly Chart (Long-Term View)
Recovery: A solid rebound from the March lows.
VPVR: The high-volume node between $455 and $475 has been left behind, now acting as a structural support.
Macro Trend: Price has returned to a previous consolidation area from the prior bull market.
Risks: While there is room for further upside, the $610 area could act as both technical and psychological resistance.
Key Levels
Immediate Resistance: $610–$615
Technical Support: $594–$596
Structural Support: $560 (significant volume cluster)
Conclusion
SPY maintains a strong bullish structure across all timeframes, with sustained upward momentum and room to challenge previous highs. The reaction around the $610 zone will be critical. As long as price holds above $594, the structure remains favorable for buyers. However, given the lack of historical volume in this price range, short-term volatility or pullbacks are possible.
Disclaimer:
This analysis is intended for informational and educational purposes only. It does not constitute financial advice or an investment recommendation. Always assess your own risk profile and consult a licensed professional before making investment decisions.