Hold onto your hamburgers NASDAQ:TLT : major turning point? #us10y #gold #silver #dxy Channel breakout on a daily close, line chart basis. Longby DollarCostAverage0
SPY $539 Price Target A 528 B 527 C 525 D 518 These were all accumulating zones for the next leg up $539, lets go bulls hope you guys follow the chart you'll be in money lets gooooo!!! Sun June 2 afterhours spy is at 528.80 Will be waking up to huge returns!!!Longby JoeWtradesUpdated 2
start wave 5Any Elliot Wave enjoyers seeing the same thing? AMEX:COPX NASDAQ:COPJ #copperLongby DollarCostAverage0
Bonds about to have a med term counter trend RALLY - TLTMost folks know my view on inflation and yields over a very long term horizon years++ (they are going HIGHER) BUT in the short/med term we could be looking at a RALLY in bonds (lower yields) in the weeks ahead. LONG TLT @ 90.80 with a stop below 88.80 and a target of 100. Reward/Risk 5:1Longby WVS_Stockscreen0
QQQ Trading Opportunity! BUY! My dear friends, Please, find my technical outlook for QQQ below: The price is coiling around a solid key level - 451.74 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 455.42 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 111
SPY - S&P 500 ETF Prediction June 3rd 2024🔴 Resistance - 529 🔴 🚀 Target - 532 - 536 🚀 🟢 Support - 528 🟢 🚀 Target - 526 - 523 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION & EMOTIONS HAS NO VALUE IN THE MARKET Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the accurate knowledge and skills necessary to navigate the complexities of the financial markets successfully. 💪 Please NOTE 👉 Levels shared are for intraday trading only. 🚫 Disclaimer 🚫 All information shared here is for educational purposes only, Please consult your financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you make. No Buy Sell Recommended 🚫 Request your support and engagement by like, comment & follow to provide encouragement CHEERS 👍by globuscapitasUpdated 6
Spy continues to near its target of 570 before U.S. electionsWith the dollar trending down and the VIX at low levels, we can then continue to expect the U.S. stock market to continue to rise. And, in fact, that is what we are witnessing as we close in on the blow-off top target of the Elliot Wave theory that has resonated with my instincts for these last 2 and a half years. We are currently in wave 5 and on our way to the target I have set of SPY 570-600. There is still time and I believe we will easily get there before U.S. election shenanigans begin to unfold (see my post on the VIX). Once you start to catch wind of anomalous election news events here in the U.S., know that we are near our top. For me, it will be time to pull out.Longby stewdamus0
Opening (IRA): XBI July 19th 83 Monied Covered Call... for an 80.91 debit. Comments: After taking off my August 88 monied for a small profit, re-upping in shorter duration, but with a better break even than what I had with the August 88. Selling the -75 delta call against a one lot of stock to emulate the delta metrics of a 25 delta short put, but with built-in short call defense. My general goal here is to not hang out in these positions for lengthy periods of time, but to take profit, re-evaluate the market for where the juice is at, and re-up if the underlying remains "sexy" from a premium-selling standpoint. XBI's 30-day IV isn't stellar at 30.9%, but it's toward the top of my IV screener, with miners and the silver ETF hogging three spots: TQQQ (51.8%); GDXJ (44.0%); GDX (38.7%); SLV (32.3%); SMH (31.6%); EWZ (31.1%); XBI (30.9%). Metrics: Buying Power Effect/Break Even: 80.91 Max Profit: 2.09 ROC at Max: 2.58% ROC at 50% Max: 1.29% Will generally look to take profit at 50% max and/or roll out the short call aspect if it reaches 50% max or there is a test of my downside break even. Longby NaughtyPinesUpdated 1
$SPYwe dumped our CALLZ at target. unreal how fast we hit our target we had thu 528.40 gapfill for friday not 2day, not cumplainin but this markets Xcessively boolish. rolled in June 14 530 PUTS now. could tap ATHs for PONZITUEZDAY b4 backin off still. congrats all Shortby nobullshytrader01
More Downside for sureMore Downside for sure coming short term. 526.99 first PT at liquidity Shortby rakidorii0
Don't get greedyI only shorted at the open because price hit resistance at the line I called, stay above. But as I was always aiming for a mild bullish scenario and the fact that if it did go up and hit that line, my shorts would be losses, I sold around 10 sharp, 10:05Shortby pogicraft0
Opening (IRA): TQQQ July 19th 53 Short Put... for a 1.77 credit. Comments: Adding a short put element to my TQQQ covered call on weakness.Longby NaughtyPinesUpdated 0
$SPY June 3, 2024AMEX:SPY June 3, 2024 60 Minutes. On Friday as expected both 518 and 526-527 was done. My buy is still above 533.5 only. For the fall 533 to 518.3 AMEX:SPY retraced exact to 61.8% being 527.4. For the rise from 518.36 to 527.5 holding 524 I have a target 530. But I am biased towards 512-518 until I see a change in trend.Shortby RiderTrader221
XLE 1D TWEnergy index signals a short-term buy with a longer-term sell signal. SSTIS is a short-term buy with a longer-term sell and a fake bear. 2D MV chart signals a short-term sell with a longer-term buy signal and there's an end of MVO bear surge. 2D MV fakeout chart signals a fake bear. by SVTPremium0
GDX 1D TWMiners are a short-term sell with a longer-term buy on harmonics. SSTIS is a short-term buy with a longer-term sell and with a fake bull. 2D MV chart is a short-term sell with a longer-term buy signal but MVMF-H signals rapid weakening of the bull side. 2D MV fakeout chart signals a confirmed buy with a fake bear. It's really hard to forecast miners now as they have double correlation to equities and dollar. The most probable scenario is to see a spike-up but then a failure and a dive.by SVTPremium0
IShares Hang Seng Tech ETF The reason I like this ETF is the exposure to the HK Tech sectors , some companies I like but may not like enough to initiate a position in them. It's share price has been hovering at the 5.77 to the 8 dollar mark , a little boring and definitely in no time to accumulate. Refer to the list of Holdings by dchua1969Updated 0
$SPY 6/3 - 6/7Looks like the markets will continue to be pumped till the elections. we will still continue to focus on the OVERALL trend and pay attention to intraday levels The only thing I see here is a move back towards all time highs... If we have any rejections off res levels we can easily play targets to the downside. Now that we have our charts marked its just a matter of waiting and executing properly by Ubaidy1000
Let see if SPY bulish tomorrow June 3 (?). Disclaimer: This is for study purposes only and does not constitute financial advice. You are responsible for your own trading risks. Observations : Volume Profile: Point of Control (POC): Near $522. Value Area High (VAH): Around $528.15. Value Area Low (VAL): Approximately $518.36. Trend Analysis: There was a significant downtrend followed by a strong upward breakout from a falling wedge pattern, indicating a potential reversal. Support and Resistance Levels: Immediate Support: Near the POC around $522. Immediate Resistance: Near the VAH at $528.15. Further Resistance: Around $530.50. Moving Average Convergence Divergence (MACD): The MACD lines are below the histogram, showing a recent bullish crossover, which typically suggests upward momentum. Trading Suggestion for Tomorrow: Given the strong breakout from the falling wedge and the bullish momentum: Bias : Bullish Bullish Scenario: Entry Point : Look for entries around $525, if it pulls back towards the support level or continues the upward momentum. Target Levels: Short-term Target: $528.15 (VAH). Next Target : $530.50. Stop Loss: Place a stop loss below $522 (POC), to limit downside risk if the breakout fails. Bearish Scenario: Entry Point: If there is a rejection at $528.15, consider short positions. Target Levels: Short-term Target: $522 (POC). Next Target: $518.36 (VAL). Stop Loss: Place a stop loss above $530.50, to manage risk if the resistance breaks. Conclusion : The chart shows a bullish breakout with significant volume, indicating a strong potential for upward movement. Trading in the direction of this breakout while monitoring key levels (support at $522 and resistance at $528.15 and $530.50) can be a prudent approach. Adjust stops and targets based on intraday price action and market sentiment.Longby gphilvos1
SPY primed for a pullback on the WeeklyI recently found this parallel channel on the SPY. The 2 lines and the midpoint all act as strong S/R giving me confidence in this channel. On this second recent hit of the upper end the RSI (with 7 period moving average for smoothed results), MACD, and Chaikin Oscillator are all putting in major divergences. This group of 3 indicators is my favorite because it shows relative strength, momentum, and volume trends. This leads me to believe a rejection of the upper end of the channel is happening right now. Additionally, this recent ATH tagged the 1.382 extension from the 2022 bear market which acts as natural resistance for breakouts. 1st downside target would be the recent low, with the 2nd target being the previous ATH This is my first ever post, Enjoy :) Shortby Jake48224
CONY: A Very Speculative Buy w/ Chart Pattern w/Bitcoin&CoinbaseFundamentals: CONY is a covered call strategy. If bitcoin collapses again, the CONY will go bust. It could turn into a dividend trap. It is highly speculative. However, if bitcoin propels forward or goes sideways, then these two scenarios will be best for CONY. Technicals: Plan: To trade CONY buy observing health signals from bitcoin (BTCUSD). Theory: Reading the tape is the same as identifying chart patterns with transaction volume. BTCUSD is retesting its all time highs and consolidating. BTCUSD has given two buy signals after re-testing all time highs: two morning stars on the daily chart. BTCUSD daily uHd with extreme buy indicator. Note: CONY today has issued a dividend of $2.7944 per share today; hence, the drop in the chart on CONY. Meanwhile, bitcoin has given a buy signal today. It is worth the risk. Here is a daily chart of bitcoin with the buy signal: CONY, itself, is within the 23.8% - 38% buy zone area of a large cup-with-handle pattern, after a minor successful cup-with-handle pattern within it that appear in February 2024. If bitcoin does not collapse, then this could be the beginning of "wave b" or "wave 2" and end of minor 4th wave. Comment: I speculate that CONY will reach around $38 buy July or August 2024. The plan is to re-invest dividends along the way. I am treating the money invested as though all of it is gone, for now.Longby RocketmanUpdated 556
SPY FORECAST PRICE AND TIME I did this by my eye.. so not saying this 100% going on but in its area...ive put a lot a work to this. LUNAR CYCLE>>> with other cycles with wycoff and cosnidering where price is at in this cycle all of this is recent information i have posted pior to this... check out my yt for audio and my pov.... Trader Cw1ss... here to help and conquner our worries... Fear is a make belive emtion that the devil makes you belive... remmber who "i am" and the powers that come wit it... theres nothing new under the sun.. hint into what i belive the lord is the sun.. the lord must rise and fall... then theres a light that rules the day and night... for more info trader cw1ss on ytby cw1sss1
XLF To RallyXLF normally moves quite slowly, but we may may be at a moment in which that accelerates substantially, even improving on what has been a phenomenal year. Weekly - Daily - The EW path drawn is what may be expected most commonly - we're looking for that or better.Longby FuturesIntelTMUpdated 332
$SPY Powerful OUTSIDE Bar Swing TradeFREE #OPTIONS Ideas Scale out when above 25% Profit AMEX:SPY 527C>526.59 | 519P<519.27 NASDAQ:INTC 31C>30.86 | 30P<30.04 NASDAQ:AAPL 195C>192.30 | 190P<190.18 NASDAQ:AMD 170C>168.56 | 160P<161.01 LIKE IF YOU WANT MY FREE PICKS DAILY!Longby tradingwarzone4