The price of SPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
Some real meaningful progression for the bull case in US small cap stocks. 50 dma > 200dma Price has cleared the critical resistance level between 187-188. Price has some short term resistance at the 38.2% fib retracement here, but it looks like we should progress to the next resistance level at the 50% fib retracement at 200. Chart is showing a clear formation...
Growth got hit. High beta rallied to 200MA for most part. Several jumped above but expecting pull back. I would love only a 10% pullback. I do not expect that however. I expect an earnings recession and for the S&P to end 2023 at 3000 at best.
In this update we review the recent price action in TLT and identify the next high probability trading opportunities and price objectives to target
DJIA daily is not able to break out of a symmetrical triangle which is bearish. Furthermore, DJIA formed a Hanging man reversal candle stick pattern which is a bearish sign. The resistance is obviously too strong for breaking out which could be an indication f an imminent drop below the trend line and breaking down from the pattern which would be very bearish....
SPY day finished very strong but with too much hype as there was no reason for such a strong pump from a technical point of view, we had almost pure bear capitulation in the market when a lot of famous bears from the media said maybe it is a new bull market. And we all know what happened when bears become bulls and bulls become bears! It is over-extended from al...
Major selloff in natural gas in the last couple of months. January almost looked like a caputilation month based on the volume traded Curretly on support, and maybe time to put some toes in the water Trade small, stick to a stop loss Expect volatility
New possible scenario. I know EVERYONE is super bullish here. I have been Bullish from the bottom but now that we approached my target and we have retraced 50% up, I'm thinking since we were in a down trend, had an impulsive move and now we are just about completing a corrective phase and are gearing up for another impulsive move down. Just a thought and TRAIL...
Tomorrow going to be a good day, if we rise up im looking for $430 as next target 🎯
SPY did the death cross last year March. Today $SPY did golden cross after 325 days! $420 - $430 still possible. Not an investment advice.
Outside its daily and weekly Bollinger bands.. Daily RSI at 80 while Money flow has been going south. That means smart money has been unloading here. Looking for a gap close and pullback to trendline.
After the close today earnings were not good for Google Apple and Amazon which of course caused a selloff. Today’s market showed a lot of strength I don’t think the earnings numbers are going to matter much when everyone is buying the dip. Tomorrow morning we have unemployment and nonfram payrolls for January if the numbers are low or flat we are taking off on a...
Two possible counts for SPY along with symmetry. Obvious it will do something very different.
Options traders Congrats, Because of FOMC. Yes we see a Sweep, so Now after NFP im expecting price to goes down. Trade base on your own decissions. Come and check me out for more analysis
Shows the the last 5 wave up moves for comparison!
🖼 Daily Technical Picture 📈 ➤ ...almost but not yet. There are still some short-term resistance levels to surpass. However, the momentum is there. *After-hours sell-off as I write due to earning reports from Apple, Google etc. ➤ The Dow30 Bluechip stocks are really being left behind in this latter part of the rally. Or we could say the NASDAQ is just catching up...
The good ‘ol SPY Sad to see what miss placed hope can do. The “investor” aka the bag holder, continues to “hold”, “buy low”, and “average down” with hopes the market bottom out and the bull run will continue. Let’s review this chart and see how we got here. Just before COVID, SPY had reached all-time highs. Then Feb.’20 everything came crashing down. The...
Good times after the Fed yesterday! Now, we will see how things hold after $AAPL, $AMZN, and $GOOGL earnings. Either way, it was a strong push over the post-Opex zone which we have been discussing, here and on Bloomberg!