AMEX:SPY February 17, 2025 15 Minutes AMEX:SPY struggling around 610 levels. Made ahigh 610.99. But oscillator divergence. Also, we have a Hl formed at 610.75. On Monday i expect a retracement to 606-608 levels. Thus if AMEX:SPY is able to hold 606 levels then for the extension 598.52 to 607.49 to 605 my target of 612 + is possible. But I expect a...
AMEX:SPY February 14, 2025 15 Minutes. As expected, once box was broken yesterday AMEX:SPY continued to make upward movement. For the rise 598.52 to 607.49 to 605 61.8% extension was nearly done. Once 611 is crossed we can expect some resistance around 612-614 levels. 611-612 will be a good number to short as 4SPY in 15 minutes is getting away from 200 and...
AMEX:SPY February 13, 2025 Yesterday also gap analysis. But took support at daily averages 598 levels as mentioned in the previous day analysis. For the rise 598.52 to 604.55 holding 602 levels is important today. At the moment AMEX:SPY weak below 600 levels for a possible target 597.5 598 levels for the day.
AMEX:SPY February 12, 2025 15 Minutes Yesterday Gap down not held. Low was not broken. For the last rise 603.1 to 605.85 4SPY need to hold 604 levels today for uptrend to continue. On downside we have strong support at 603 levels being 200 average and 9 day moving average in daily and 600-601 being 21 days in daily. So, I see a range trade today between 603...
AMEX:SPY February 11, 2025 15 Minutes. AMEX:SPY faced resistance around 604-605 levels being 61.8% retracement number. We have 3 values. The rise from 600.05 to 605.5 The last rise from 603.21 to 605.5 And the fib extension 600.05 to 605.36 to 603.21 For the first rise important to hold 602 levels to continue uptrend. For the second number being the...
AMEX:SPY February 10, 2025 15 Minutes For the rise 595.99 to 608.13 AMEX:SPY retraced 61.8%. So, 601-602 is a good level to go long with SL 598. Since the retracement was 61.8% double top is possible around 607-608 levels. So looks good R:R ratio. Foe the fall 6018.13 to 600.65 need to cross 605.5 for uptrend. Hence 601-602 buy will have a target 604-605...
AMEX:SPY February 6, 2025 15 Minutes. Yesterday we had 604 levels. Today for the rise 598.58 to 604.36 holding 602 levels we can expect 605-606 levels as initial target. Once 606 is held i expect 609-610 levels tomorrow or by Friday. AMEX:SPY is above all moving averages. At the moment uptrend intact as long AMEX:SPY above 598 levels being the last...
AMEX:SPY February 5, 2025 15 Minutes. Moving averages have converged. Need to hold 598 today. For the fall 609*.18 to 595.5 NYSE:SPR has retraced 61.8% to 602 levels yesterday. Hence a pull back. AMEX:SPY forming HH Hl pattern. Long bars have sorted out. Above 602.5 we have a target 604-605 levels. If 597 is broken 595 will be support as of now which is...
AMEX:SPY February 4 2025 15 Minutes Yesterday Gap down was not held. 590 was protected. The number to watch at the moment is 586 on downside. For the fall 609.72 to 590.5 602 is 61.8% retracement. Since AMEX:SPY below all moving average 602 will provide a good level to short today. If we take the last rise 590.5 to 600.29 594-595 will be good level to go...
AMEX:SPY February 3, 2025 Weekly We will consider 2 lows. 218 made in 2020 and 348 made in 2022. Now for the move 218 to 473 to 362. 100% move for the extension i218 to 473 is 612 levels. That is nearly achieved around 610 levels. Now for the extension drawn from 348 to 459 to 409 1.618 extension is around 591. This is also done. However, in monthly time...
AMEX:SPY January 30, 2025 15 Minutes. We had AMEX:SPY between 604 and 599. But no trade as setup was difficult. We have too many long bars inside the box. Foe the fall 610.78 to 594.93 AMEX:SPY is between 599 and 605 which represents23.6% and 61.8% retracements. So, sell is below 598 and buy above 606 only. For the day for the fall 605.38 to 599.22 604.5...
AMEX:SPY January 29, 2025 15 Minutes. AMEX:SPY was around 604 levels most of the time yesterday. This sideways helped the moving averages to rise. Also 604 was 61.8% retracement for the larger fall from 610 to 594 levels. Hence was resisted yesterday. It was also 1.618 extension for the rise 594 to 599 to 596 level. Today holding 602 levels i have a target...
AMEX:SPY January 28, 2025 15 Minutes The divergence paid off again. Now we again wait for moving averages 9 and 21 to go above 50,100 and 200 to initiate any longs. For the fall 608.15 to 594.64 61.8% retracement is around 602-603 levels. A good level to short SL 605.5. I expect sideways today.
AMEX:SPY January 23, 2025 15 Minutes The consecutive gap ups cannot sustain. A pull back is required around 598-602 levels over the next 3 trading days for the moving average to converge. I will have a contra setup to short 607-607 levels for 602 levels for the moment. Usually in 15 minutes chart a difference over 15$ between 200 and 9.21 average results in...
AMEX:SPY January 22, 2025 15 Minutes. The gap between 200 and price in 15 minutes is more than 12$. For the extension from recent low near 575 to 592 to 589 604 targets will be achieved. But there is oscillator divergence. A pull back this week to 597-598 levels which is 100 averages on 15 minutes will be a good entry point for long. For the day holding 601...
AMEX:SPY January 17, 2025 60 Minutes Yesterday 594 was done and 589-590 was protected. Today we have 200 at 596 levels. in 60 minutes. So holding 591-593 uptrend is intact for the moment. 599-600 could be a resistance for the moment.
AMEX:SPY January 16, 2025 15 minutes. Yesterday gap open was held. For the last rise from 578.97 to 592.96 AMEX:SPY retraced to 589.5 before achieving the target 594 for yesterday's move. 598.5 represents 23.6% fall for the last rise and took support at 61.8% retracement for the fall 597.74 to 575.35. Hence it is important that AMEX:SPY holds 589 levels...
AMEX:SPY January 15th, 2025 15 minutes As the numbers are below 200 averages in 15 minutes, I will short. For the fall 595 to 575 we have ascillator divergence, therefore, taking 575.35 as the low, drawing extension for the move 575.5 to 585 to 578.35, we have a first target of 588 and second target of 594 levels For the fall 597.75 to 575.35 we have 0.618...