444 $spy ETF swing trade bullish ABCD pattern for AMEX:SPY by moneyflow_trader

monitoring the Bullish ABCD set up for

SPY etf, i'm looking for a $444 swing trade.
This is also based of the bearish Apex Trade on

SPXS sp500 3x bear etf

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follow the live sp500 3x Bear ETF trade as well

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on the spx500 futures, im looking for price action to retest the short entry around the .50 fib level of 4400

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I wanted to show the bounces off the demand zone on the 30min chart

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big buys into the close

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XLK did hit my 1.618 target

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4hr of

XLK

oversold

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MSFT 4hr oversold, also showing bullish abcd set up, and rsi is below the cloud. Dont forget

MSFT is heavy weighed in the sp500 index

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MSFT did hit my original $350 target, I believe its going to retest that level again .. see the original chart

350 target cup handle breakout to bigger c/h then bull flag b/o

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AAPL , same thing oversold w/ rsi below the cloud. notice how it retrace from the original 1.618, and the previous 1.618 became support for the new one

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AMZN oversold as well, and rsi is below the cloud

Its incredibly difficult to get any significant dip w/ this company... You legit need a market correction to get this below $110-$100, i've been trying but long term im super bullish.. .50-2% tops is all you seem to get w/ this company, and that 2% is pushing it, as I have a target of $190

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WMT same thing, rsi is below the clouds I created this chart awhile back and havent touched it, its just been rocking

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I like the fact that wave 5, which was a previous resistances level is now acting as support

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JPM which I really really like, did I say I like JPM... 4hr rsi is also below the clouds

and was only down 0.15% today... I have a 143 breakout target, looking for a close above $144 soon

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snap shot of

JPM , I do have a live chart if you're interested its published.. needs to close above 143

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then there's

NVDA stock is just special... looking at the 2hr, potential run back to ath's near $440

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all these stocks are heavy weighted in the sp500 index and all are looking oversold and have bullish set ups.. will continue to monitor.. lets see how they perform over the next two trading sessions. I do have positions

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GOOGL both 2hr & 4hr rsi showing oversold and below the cloud. 2hr does have a bearish head and shoulders set up, but hasn't breached the neckline. I do see the consolidation.

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GOOGL 4hr chart

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I have no position in

GOOGL

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tech getting bought up early this morning, looking at

XLK monitoring for bullish continuation

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1min

SPY etf chart, waiting for 50 ema to cross over spike level to lift prices higher

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The AD is showing me a Bullish Inversed head and shoulders set up on

SPY etf 15min chart

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need this inverse head and shoulders breakout if we're to go to $444

this is on the

SPY etf 15min chart

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now I simply measure the money flow going through the key fib levels by the AD on this time frame

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waiting for the breach of the .618 fib, that will cause the IHS to breakout on the 15min chart...

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aight it broke out of the ihs, now it needs to take out the high or close above that resistances level of 438 and i'll be happy for the day. Thats the power of studying the AD and money flow. Now we have nearly 2 more hours of buying into the close + After Hours + futures... be back at the end of the day

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if you take a look at the 4hr on the sp500 futures, I see 4400, not much in its way...

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10-1 risk/reward ratio to go back tot he sell area, a little less if you're just look to get back to gap filled area

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I would focus on the 15min chart. See where the 15min spike level is? Now focus on the moving avg's I'm used 3/5/15/50 ema.. plenty of time left in the session, those avg's are looking to cross that spike level.. and take price action above 437. I believe the futures trading session and Friday trading session will take care of the rest.

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bull flag breakout on 1min attempt to take out hod..

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aight, nap time... you see the play.. going get some rest for futures sessions... good luck everyone, lets get this money

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30min futures chart. If the 50 day ema crosses over the spike level, we'll take out Wednesday Sessions high and continue to move fwd to 4400
I would like to see price action gap up in the premarket and open above 438, and

SPY etf makes a run to $444

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SPY etf did finish w/ a buy signal on the 15min chart. $444 is an aggressive target, however I dont see it without the cap up tomorrow. we'll know in premarket. see ya there

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something i'm monitoring on the futures trading, is the bullish continuation of the Inverse head and shoulders to the higher time frames. I saw it on the 15min/30min chart. And now I see this potential set up on the 1hr time frame. This could be fuel for another rally on Friday

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will know by Premarket-1hr of Friday Trading session if this is valid, or it has been invalidated.

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If Valid min target 4406, strong move 4418 area.

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I read an interesting article yesterday. Basically stating trading only has two sides Winning side/ Loosing side. To Win, someone has to loose. Although I agree with that statement, its not about being right or wrong just be profitable. I post charts because it also holds me accountable for my trades and ideas. If someone finds it helpful, thats cool. This is just a forecast , me sharing my thoughts/vision. Please be sure to do your own research and due diligence. We'll see what the premarket and 1st hour brings Friday. Cheers

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I seriously anticipated this drop last night when I saw the formation of that IHS. They took it below the left shoulder to discourage traders. I haven't touched the chart. 1hr rsi is below the cloud which is bullish. I'm not discourage because of what the AD has already shown me the protectory.. Price action does need to be above the left shoulder of the inverse head and shoulders

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im clean the chart up a little bit and then wait for at least the 1st hour of trading session today

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here is the cleaned up version, the Inverse head and shoulders still has validity... See you after the 1st hour of trading today

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here I go again buying this dip

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has to get past the .50 fib level

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scalping some cheap calls this morning, we'll see how it turns outs

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If this doesn't sell off by Premarket, its going to be a wild week for the bears. Looking at the AD, and I see an Ascending Triangle/Bull flag. And look at the price level 4450 on the sp500 futures... I want to see it, because it would confirm this bullish ABCD pattern.. They tried to shake me out, but im here holding.. and I have hedge in place in technology (my tsla puts).. Which I'll likely be adding more..

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almost didnt share the chart. but I like being transparent.

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Apex of the Triangle around the 28th. Probably best day to add some shorts/puts..

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extended view, June Trend in tact

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MM's are ruthless. Im post one more chart at this one because this is insane. If you're not buying options at least 2-3 months out they wacking you upside your head.

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last one til about Wednesday... like I stated, if this futures rally doesnt fade in premarket this could grow legs and zoom to 4444-4450 area. weekly oversold but doesnt matter. look at the rising channel, because the daily isn't oversold. Algos and MM's will adjust