We are using cycle analysis, ATH Retests, demand & supply zones, trends & geopolitical risks. SPY has been a monster even before the COVID crash (Orange strike line to mark with cycle analysis further correlating to regression paths. Per analysis next one expected May 2025.
Huge move today after yesterdays MACD Signal from @KioseffTrading MACD Optimizer script.
@KioseffTrading RSI Optimizer being used & is showing a long entry signal at best performing RSI Crossover.
Using @KioseffTrading BB Optimizer on SPY, really loving the data I am seeing on this. SPY is seeming to have a hard time currently at $410 and the BB optimizer has an exceptionally well win rate %, will be eyeing this down for an entry in the near future using this optimization tool!
Using KioseffTrading's Tops/Bottoms indicator and it looks like it is setting up nicely with a 78.57% correct ratio. The data tables there show the % correct, which backs the data tested & provided. Due to bad earnings back in Feb. we saw a huge sell off and a bouncing range of 169-237 with an average of 217.
Strong support on the trendline & 200dMA(blue). 20dMA (green) crossing upwards through the 50dMA(red) which is medium term bullish signal. Our STOCH is hanging around in oversold territory currently & just recently has a nice hammer candle. Some DD - Tyler Technologies just recently acquired ReadyStub, which makes scheduling software for school districts....
NIO looking to break this resistance wall. Not financial advice, I am not a financial advisor.
We are now back at its massive support level/past major resistances. Arrows show the resistance. Could see a huge reversal here. I am not a financial advisor. This is not financial advice.