stocktradecoach0396

stocktradecoach0396

Well S&P 500 SPY broke out after the FED spoke ...now it is testing that 451 level ...if it breaks then next res at 462.07 .... and ultimately 479.98 .... which goes back to January of 2022

stocktradecoach0396

S&P 500 SPY volatile going into two days of economic commentary from FED reserve Chaiman Powell ... SPY intraday resistance band 442.64 - 444.08 testing now.... if break then 451 resistance ...

stocktradecoach0396

S&P 500 SPY support holds this week with a vengeance into the long week end... back to watching that 451 resistance level with likely low volumes going into the short week next week

stocktradecoach0396

Fed chairman remarks sparks reaction from market .... that manifests maintenance of uncertainty in its stance ... now watching S&P 500 SPY support at the 431.99 level ...

stocktradecoach0396

S&P 500 SPY breaks key resistance 431.73 on CPI (Consumer Price Index) news that it came in as expected .... SPY hits new 12 month high today .... now watching the 451.14 level of resistance that was established back in December of 2021 ....

stocktradecoach0396

S&P 500 broke the 420 resistance level last week and breaking out strongly on news that congress passed the bill regarding U.S. spending limits ... the market appears it likes no spending limitations ... now watching key resistance at 431.73 ... that level was last tested in August of 2022 ...

stocktradecoach0396

Here we are again .... S&P SPY making another try at the 420 resistance level .... probably the pundit logic is that the powers to be will be happy with some kind of a "debt ceiling" deal that might be hammered out before the week end is over ....

stocktradecoach0396

S&P SPY 500 SPY breaks and and now testing key upside resistance around the 420 level ....

stocktradecoach0396

S&P 500 SPY consoldating around 411 .... testing support at the SMA30 line ... as pundits still speculate on earnings season , jobless claims , consumer spending, the FED and on and on ... very tight trading range ....

stocktradecoach0396

S&P 500 SPY tested and bounced off key 405 support ..... ending the week back into bullish territory... as pundits continue to speculate on banking industry .

stocktradecoach0396

S&P 500 SPY bounces off key SMA30 support this week in much volatility due to dynamic earnings season reports ... will be watching possible break of intraday resistance at the 415 level Monday morning ... if break then watching 420 resistance ....

stocktradecoach0396 Updated 

S&P 500 SPY sells of in second week of earnings season ....spooked on FIRST REBUBLIC BANK temporarily halted ... watching intraday support at 406.80 ... volitility on mixed earnings reports

stocktradecoach0396

S&P 500 SPY broke 410 resistance now testing 412 intraday if break then 420 and subsequently 430 ...

stocktradecoach0396

S&P 500 failed to break through 410 resistance level ... now watching possible consolidation channel forming between 405.68 and 412 ...

stocktradecoach0396

Break out rally continues today on some relief of fears related to the banking industry ... watching resistance levels now at 410.25 then 420 .... if break then ultimately 431.75 ...

stocktradecoach0396

S&P 500 SPY broke through 400 level resistance .... now watching intraday res at 405.07 and then if break 407.45 ...

stocktradecoach0396

S&P 500 SPY resistance holding at the Simple Moving Average line ... as pundits continue to digest interest rate and Banking industry challenges ... thus bringing up liquidity vulnerability ...

stocktradecoach0396

S&P 500 SPY now testing the 400 resistance level ahead of the FED interest rate evaluation .... pundits say 25 basis points most likely .... if break on FED announcement then watching intraday res buffer at 405.50 ....