DECENDING WEDGE ON $SPYAMEX:SPY nicely forming descending wedge. May be a nice entry today for puts due to crazy drops happening the last couple days. It could also breakout to the other side so doing small risk here.Shortby The_SPY_Who_Shagged_MeUpdated 224
SLV to dump???I sold today. I believe this is about to get a beat down. I did not and won't be selling my physical. Down to $12 and up to $48??? NOT FINANCIAL ADVICE!!!by Polarbearman111
Calls Russel 2000Price is landing on an important support zone, weekly support. I'm buying calls as shown. I think the double bottom pattern still active, and this is just a test of the broken resistance at 200.Longby ArturoL1
SPY SHORT to 509short set up. a move up into that zone should produce a move down.Shortby card2211111
Rotae out of Tech (XLK) into Oils (XLE) for longer term I'm very confident that for long term real money investors (or long time horizon long/short) a switch/rotation now from tech stonks into oils will pay off massively over the next 1 to 2 years (100% relative basis)Longby WVS_StockscreenUpdated 3
SPY Expectations Week 4/8/24SPY Expectations Week 4/8/24 Break and hold of resistance at 520.45= 📈 Break and hold of support at 513.6= 📉 News this week: Core CPI on 4/10/24 PPI on 4/11/24 *Disclaimer:The information created and published on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors. The content presented on this channel is strictly for educational and entertainment purposes and should not be considered personalized advice for any viewer. It's crucial to consult with a qualified financial professional before making any investment decisions.by J3Trad3sUpdated 1
SPY Expectations Month 4/24SPY Expectations Month 4/24 Break and hold of resistance at 524.6= 📈 Break and hold of support at 517.6= 📉 News this week: Core CPI on 4/10/24 PPI on 4/11/24 Later this month: Monday, April 15 Tuesday, April 16 Wednesday, April 24 Thursday, April 25 Friday, April 26 Don't forget to share your thoughts in the comments! Feel free to comment on other symbols you would like to see. The highest likes will have a HIGH chance of being posted 🫡 *Disclaimer:The information created and published on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors. The content presented on this channel is strictly for educational and entertainment purposes and should not be considered personalized advice for any viewer. It's crucial to consult with a qualified financial professional before making any investment decisions.by J3Trad3s2
$SPY April 10, 2024AMEX:SPY April 10, 2024 15 Minutes. AMEX:SPY opene gapup. But a sell bar as the close was near low of the bar. And 520.5 is not crossed. As expected took support at the rectangle. No trade for me. I think I will skip this week. I do not like the bar formations in the chart. Let it form a base as moving average nearby. No trade is also a trade. by RiderTrader449
2 Bullish TrendsThe golden pocket is in play if the support is broken. However given the absolute pumpage I am leaning torwards the top red line, breaking right out of the resistance. Longby Shredderr1
reversal couple gap need filled, with rounding top looking for a downtrend for reenetry by scottcloak7391
JETS: Looking to start a positionLooking to start a longer-term position with JETS ETF. Currently reclaimed its wedge structure from a TA perspective. Math-wise, I am looking for a mean reversion back up to around the 20$ range. The current mean is 24$. Not a short-term idea, but looking to try and find things that have not recovered as dramatically as the rest of the market and provide an opportunity to late entrants. Just my thoughts!Longby SteverstevesUpdated 3320
QQQ - Market Meltdown or Momentum Madness?Now, here it is, the correction in the NASDAQ and consequently in the QQQ - or is it? Currently, the bearish momentum is rising. However, as we know the index, it tends to shake off buyers and soon surge to new all-time highs. A look at the volume profile suggests that the bulls are not yet finished. The Value Area High of the uptrend since October 2023 has established itself as a solid support zone, while an Unfinished Auction awaits at the upper end of the range. Therefore, we remain bullish on the QQQ and the NASDAQ and expect new all-time highs soon. At the same time, we are also aware that the risk of a significant correction is increasing.Longby Ochlokrat1
Clearly out of the trend channel SPY is clearly out the bulling channel that formed over the last 3 months. Expecting more weakness in the coming month. Shortby rdf1003
SPYThe target area of Point D hit from my prior post a month or so ago. RSI is oversold, bearish crossover is occurring as well. I feel we will see a 10%+ pullback over the next several months. Shortby SupernaturalSpiritAnimal114
SPY rangebound rest of today - awaiting tomorrows dataSpy appears that it will be rangebound as the two different wedges I have draw come to a point at 2:30 and 4PM this afternoon. Don't recommend any short term options expiring today. I was lucky and caught the downfall this morning after it tried to break out and closed for ~90%. My guess for tomorrow is that it will break upwards based on this mornings open above. Good luck trading!by Conoveca11Updated 0
$VGOV - Accumulating Bullish set up. No confirmed break out yet, but accumulating slowly in anticipation Longby gillyblore0
VNM Index Which direction will it go? 📈📉 Breakout or breakdoVNM Index Which direction will it go? 📈📉 Breakout or breakdown? ⏰🎯 A market with alot of potential we will keep tabs on...by JK_Market_Recap110
Where does the super cycle stops?The GOAT is thinking that we are at the end of our lifetime's super cycle. SPY will top up at or around 600 (if not at 550). From there, there will be down-turn for the rest of 2020s. NOT A FINANCIAL ADVICE!by GoatOfWallStreetUpdated 6
$SPY April 9, 2024.AMEX:SPY April 9, 2024. 15 Minutes. After the fall, sideways as expected. AMEX:SPY has retraced 61.8% of the fall. Buy is still above 525 only. Need to close above 200 averages in 15 minutes. As all moving averages are near in 15 minutes I expect a onesided move today based on open. If break 517.5 I have a target of 512-513 levels and ig cross 520.5 then the target is 523-524 levels. 512 is approximately 61.8% retracement for the move 509 to 524 as marked in the chart and 522-524 is channel mid and top respectively.Longby RiderTrader115
S&P500, How we doing? Still lower than 2001 Dotcom burst.Hi, 1PERCENT here. It is important to notice that currencies in the world all lose value over time. It converges to 0. The median home price went from $20K in the 1960s to $385,000 today. The house did not change obviously. But your currency value decreased. Why is that? You gotta understand that the whole system is built on debt. To learn more about it, definitely check out Mike Maloney's Hidden Secret of Money documentary on YouTube. Now, that you are aware of that, let's look at this comparison chart between S&P500 as you know it, and S&P500 inflation-adjusted (using US CPI) Quite different right? It took 2648 days for the market to get back at ATH after the Dotcom Bubble, but considering the inflation, it actually took more than 6000 days . We are now over 230% from the top of the Dotcom Bubble, but actually only 83% when considering inflation. So how about S&P500 measured in Gold, that history has shown over and over again as "True Money"? Well it is the main chart of this post. We are NOWHERE near the Dotcom Bubble top, and getting rejected at the resistance level formed since the burst of that bubble. Now, we are sitting at a crucial trendline that acted as support since 2011. Once we break it, bad things can happen. If you are a stock-only investor, you can think of this as an incoming opportunity to load on your index fund at a much lower price (when measured in gold) than it is today. That's it for today. 1PERCENTShortby RVD_1PERCENT2
Trying to find divergences in oil sector .... Trying to find divergences related in the oil sector .... by JoaoPauloPires220
Silver bullish break out, mid 30s target, 50-60 potentialIts taken a long time, but silver has finally shown life toward the upside. Bullish moves in silver have taken 8-10 years in the past to fully play out. If 2020 marks the beginning of the bullish move, then this move could last until 2030. Bullish head and shoulders pattern could target silver to the mid 30s level. If silver shows continued strength, then the 50 level will be a simple target for investors to eye and aim at. Macro news is the concerns of geo politics and delayed rate cuts due to higher inflationary costs. Flight to safety is good for precious metals and inflation concerns make metals attractive as a inflation hedge. Longby optionfarmers115
Timing the market. IWMWhat we know? Oil is likely bullish in 2nd Half (24'). BTC leads the small caps. TNX usually works as a head wind (and has took a pause). Rate cuts are very bullish for small caps and financials benefit in this environment? technically; the 20dma works as a driver. 50dma and 200dma just gives you context. You can add MACD to confirm things. Im speculating that small caps breaks out in mid April. U can fact check using IWM/SPX.Longby citsvarUpdated 1