SPY on a daily chart shows rising VWAP lines and price with the RSI indicator showing strength
above 50 since November and presently in the 65 range and so not yet overbought. Volumes
are near to the running mean. Price Momentum and Relative Trend indicator are more or less
flat but are positive. The mass index indicator does not show a reversal pattern. I...
Last year May 2022 we were exactly in the same range we were exactly in the same range on AMEX:SPY so if you'd just buy and hold you'd be nowhere. TRADING MARKET FOR SURE.
MAY 3, 2022 AMEX:SPY :
OPEN: 415.01
HIGH: 418.93
LOW: 413.36
CLOSE: 416.38
MAY 3, 2023 AMEX:SPY :
OPEN: 411.36
LET'S SEE WHAT FOMC BRINGS.
Hello all,
Spy is on an important weekly level If it holds we have a strong possibility of a bounce to 385-390.
Remember to have a stop loss and take profits!
I believe the markets have bottomed.
AAPL is a great buy back at the demand zone fo 150$ area. Last year there was a yuge 50 million buy at 150 - nice retest of that institutional entry point.
Enter a small postion in the 10 Delta Weekly 3 DTE Calls @ .21 the 165 C for 5/13
NOT advise, my own oppinion. #sizekills
