


AMEX:SPY May 27, 2025 15 Minutes. Below 577 target is 571-572 levels. Above 582 target is 586-587 levels being 200 averages. Since value below 200 averages am biased towards lower levels. 582 is 200 in 5 minutes which needs to be taken out first for 586 587 level.
AMEX:SPY May 22, 2025 15 Minutes. Last week I expected the retracement towards 580 levels as numbers were far away from moving averages. But AMEX:SPY kept moving towards595 and suddenly broke yesterday towards 582 levels. I expect it to settle down around 579 - 581 levels then a pull back is on cards as now we have the reverse on the cards with the 200 being...
AMEX: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.
AMEX:SPY May 14, 2025 15 Minutes. AMEX:SPY crossed 586 and made a high 589 levels. Oscillator divergence. Too far away from moving averages in 15 minutes. So, a pull bac to 580 is on cards. We have seen this setup many times. Working in our favor. I don't see any different this time too.
AMEX:SPY May 13, 2025 15 Minutes. Holding 574 levels uptrend continues towards 586 initially. 600 is a possibility by next week expiry. If 575 is broken, then 570 should provide a strong support.
AMEX:SPY April 28, 2025 15 Minutes. We had 3 days without any gap issues. So, Some consolidation. So, if we take the low 508.46 as bottom for the last fall then for the extension 508.46 to 544.44 to 533.8, we have 557 as initial target. A retracement to 538-542 levels will be good as averages will converge slightly for a move towards 563. For this holding...
Not much to share. I am waiting for a base between 480 to 530 to form. Maybe 1 or 2 weeks. Till then i will watch. No set ups
AMEX:SPY April 2, 2025 15 Minutes Downtrend intact as long below 200 in 15 minutes for the day. For the fall 570.02 to 546.87 AMEX:SPY has retraced to 61.8 level around 561. For the rise 546.87 to 560.69 holding 552-553 is important. For the day consider the last rise from 552.73 to 560.69. Holding 555-556 we can expect 561-563 as target for the day. It...
Looks like the structure is broken. No need to fight the trend as of now. 540 is the target for the last rise as marked. As long as below 200 in lower time frames. No buys for me.
AMEX:SPY March 27, 2025 15 Minutes. AMEX:SPY struggling to move upwards as expected. For the rise 561.48 to 576.42 it has retraced 61.8 levels to 567 levels. Not it is taking support at 200 averages in 15 minutes For the fall 576.33 to 567.92 570-571 is a good level to short for an initial target 565- 566 levels for the day. Since below 200 in 5 minutes...
AMEX:SPY March 26, 2025 15 Minutes. Sideways consolidation on for moving averages to catch up. For the moment upside is capped 576-579 levels which is also top of channel. 576 - 578 is a good sell for 571-573 levels target for today. Since 3 moving averages are nearby 9, 21 and 50. I expect a one-sided movement. So far, no trade for me for the week.
2nd Post. This chart shows oscillator divergence in LL and 100% extension around 580. Hence this also supports the previous post numbers of 579-580 at the moment for the day.
AMEX:SPY Marcg 25, 2025 15 Minutes. No trade for me yesterday as gap up and had no chance to enter. For the rise 561.48 to 575.17 i am expecting a retrace to 566-568 levels as too far away from movoing averages. On 60-minute time frame for the fall 597.37 to 549.68 4SPY has retraced between .5 to .618 levels. So, at the moment I expect upside to be capped at...
AMEX:SPY March 24, 2025 15 Minutes. Gap down open on 21st was not strong as gap was covered by close of day. The fib move for downside was achieved by gap down hence no trade. Now for the fall 570.57 to 558.03 566 is level to watch. For the rise 558.72 to 564.89 561-562 is number to watch. So, a short at 565-566 will have a target 562 -563 levels. I will...
AMEX:SPY March 21, 2025 60 Minutes. The downtrend LL was negated by oscillator divergence. Hence holding the low 559 is critical. We have 9,21,50,100 converging around 563-565 levels. For the fall 584.88 to 549.7 61.8% retracement done.
AMEX:SPY March 20, 2025 15 Minutes. For the extension 559.07 to 566.3 to 562.05 100% move is done yesterday making a high 570.95. For the last rise 562.05 to 570.95 holding 565 is important else i expect a side moving average consolidation around 562 563 levels so that 50, 100 and 200 gets sorted out in order.
AMEX:SPY March 19, 2025 15 Minutes. 50% retracement done for the move 549 to 569 Foe the fall 569.71 to 559.07 563-564 is good levels to short. But we have converging moving averages in 9,21,100 and 200. So 559 +- should be a strong support. As of now i am looking for longs above 568.
AMEX:SPY March 17. 2025 15 Minutes. AMEX:SPY near 200 averages in 15 minutes. Big resistance point. hence a pull back to 560.5 - 558.5 will be a good level to go long. AMEX:SPY forming HH HL pattern. A short I expect to be stopped around 556-558 levels. Not a good R:R setup. Sidelines today.