AMEX:SPY *BREAKOUT* above the downtrend WOWZA, but bigger move than I expected. We saw a breakout above the downtrend off of ATH’s (initial rejection then drop to the 35EMA and then bounce to breakout) So the CPI/PPI move was drop to the 50DMA and bounce. Wild stuff, y’all. Inflation data days never cease to amaze me. Let's see if we get a follow through to...
AMEX:DIA Analysis, Key Levels & Targets for Day Traders Feb 13 50DMA pointing down and 35EMA under the 30min 200. That’s everything you need to know LOL Ok so 35EMA under the 30min 200, that’s bearish so look to those levels as resistance today. If we get above it the top of the expected move of 448. Underneath the bottom of the expected move is 441 (for...
1hr 200MA pointing up and above the the 30min and 50DMA pointing down. Two down gaps above, and an up gap along the bottom The MA momentum is bearish right now so look to 35EMA and 30min 200MA as resistance!! The 50DMA looks like it could give a pretty solid smack if tested. Let’s go
NASDAQ:QQQ Analysis, Key Levels & Targets for Day Traders Feb 12 A very strange layout here today with the 35EMA turned up but the 30min 200 starting to curl down. 50DMA at the bottom of the range with the 1hr 200 look like support along with the previous support at 522 Above us resistance is a 531 and then the top of the implied move today 534 and a second...
SP:SPX Analysis, Key Levels & Targets for Day Traders Feb 13 OK - so the 30min 200MA AND 35EMA are right in the middle of the trading range. Literally just right in the middle so it’s gonna be a battle today. Top of the implied move is 6095 and the downtrend line is there off of all time highs. Friday’s top of the implied move is 609 Underneath - 50 Day...
OK - so the 30min 200MA AND 35EMA are right in the middle of the trading range. Literally just right in the middle so it’s gonna be a battle today. Top of the implied move is 608 and the downtrend line is there off of all time highs. Friday’s top of the implied move is 609 Underneath - 50 Day Moving average, 1hr 200MA and stupid Willy is looking kind of...
We've been consolidating sideways here a bit and slightly up and if you look at the moving averages that’s the same. Slightly up and sideways. We have a green signal line on the day here. 35EMA is above the 30min 200 even though it looks weak its still above and that is bullish. Downtrend above us here and then ash’s are at the top of the trading range....
AMEX:DIA Analysis, Key Levels & Targets for Day Traders Feb 12 This is such an interesting chart with that downward facing 50DMA. Green Signal Line, Bearish 35EMA Support around 443 at the gap from the week open Still trading well within the expected move. GL, y’all lets see what inflation looks like today!!
AMEX:IWM Analysis, Key Levels & Targets for Day Traders Feb 12 So last Friday we saw the 35EMA go under the 30min 200MA and that was a bear signal with confirmation as we saw the 30min 200 as remittance and than a gap down away from it and a continuation of the 35EMA lower. You can just look at the momentum going through this chart and see what’s happening...
NASDAQ:QQQ Analysis, Key Levels & Targets for Day Traders Feb 12 We’s been consolidating sideways here a bit and slightly up and if you look at the moving averages that’s the same. Slightly up and sideways. We have a red signal line on the day and we have 35EMA is above the 30min 200 that is bullish. resistance at 531 and ash’s at 533 in todays trading...
SP:SPX Analysis, Key Levels & Targets for Day Traders Feb 12 We’s been consolidating sideways here a bit and slightly up and if you look at the moving averages that’s the same. Slightly up and sideways. We have a green signal line on the day though it's weak and more of a cautious looking for direction type of stance. 35EMA is above the 30min 200 even...
AMEX:IWM Analysis, Key Levels & Targets for Day Traders Feb 11 25 Looks like we’re getting rejected away from the 50DMA again here, we had the 35EMA cross under the 30min 200MA, under the 50DMA and all of that together is a very bearish signal here. 1hr 200MA is facing up though and could offer a place to technical bounce on the day.
AMEX:DIA Analysis, Key Levels & Targets for Day Traders for Feb 10 2025 Red signal line. Expected move between 435-450 for the week…. I don’t have a whole lot to say about this at the moment but as the week moves on I will add. DIA is definitely at a critical level here
AMEX:IWM Analysis, Key Levels & Targets for Day Traders for Feb 10 2025 This is a bearish game board here. We are under the 50DMA, we are under the 30min 200MA, and the 35EMA has gone bearish here. We have a red signal line. Expected move 222-229 Interesting. 🤔
Alright, so 35EMA is right at the 30min 200MA. This is a critical level and in SPX we’re bearish already and looking for a follow through. Expected move today 5970-6080 5 Day moving average underneath us and 1hr 200MA in range as well. Downtrend above everything - and a red signal line. I’m looking for a close near the 50DMA.
AMEX:SPY Analysis, Key Levels & Targets for Day Traders for Feb 10 2025 Alright, so 35EMA is right at the 30min 200MA. This is a critical level and in SPX we’re bearish already and looking for a follow through. Expected move today 595-606 5 Day moving average underneath us and 1hr 200MA in range as well. Downtrend above everything - and a red signal...
So we got that bearish cross down yesterday. We have been consolidating back to the 30min 200MA and yesterday the 35EMA went under the 200 and then we saw that crossover as resistance. So look to the 35EMA as resistance for now. 50 Day moving average is under us and pointing down - that is bearish
NASDAQ:QQQ Analysis, Key Levels & Targets for Day Traders Feb 11 25 So the 35EMA above the 30min 200 is still bullish here. As long as it is above we are still in an uptrend. But they are not far away from each other, we are not trading high above the 30min and 50D and 1D200 aren’t that far away Moving averages are still pointing up so expect techincal...