The SPY reversed its direction today, trading between the range of 506.10 to 508.80. It hit Fib 0.00% 3 times and with RSI crossing over.
After good economic projections in the FOMC. Looking for continued upside on the SPY. A dip to 518.38 area would be a good place to buy, with initial TP at 525 and final TP at 530.
Expired SPY Weekly outlook. 1st WK MAR 2024 > BULLISH 📈 CORRECT Closed Price: 512.85 Target Price: 515 | Strike Price: 515.89 MAR7 24' Upper Range: 548 Lower Range: 482
SPY Monthly MAR 2024 outlook.(FREE SAMPLE) > BULLISH 📈 Closing Price: 504.89 Target Price: 517 High Range: 615 Low Range: 418
SPY is trading at a key resistance level, the white resistance line that has consistently provided strong rejections for the S&P 500. I am taking a short trade setup by going long on SPXS. Price targets: - Red support zone between $469 and $477 - Red trendline around $433 (price increases over time since the trendline is sloped upwards).
Expired SPY Weekly outlook. 4th WK FEB 2024 > BULLISH 📈 CORRECT Closed Price: 507.85 Target Price: 510 | Strike Price: 513.29 MAR1 24' Upper Range: 515 Lower Range: 504
Expired SPY Weekly outlook. 3rd WK FEB 2024 > BULLISH 📈 CORRECT Closed Price: 499.51 Target Price: 501 | Strike Price: 508.49 FEB22 24' Upper Range: 504 Lower Range: 499
This is my weekly analysis for SPY. If you have any questions feel free to ask me. SPY is trying to go up and retracement is due and I have explained it clearly in this analysis. NOTE:DO NOT SHORT AS MARKET WILL RETRACE ONLY TO GO HIGHER
Based off Price Action, the next 2 weeks will determine if we will see new ATH or fill previous Order Blocks (OB). Currently, we are in an Uptrend with the continuation from Oct. 10th ~$360 Demand. We had a clean break through the OB created on the week of Aug. 22nd. Which lead us to fill the Apr. 4th OB. We could potentially see a continuation to ATH or a...
This is my live analysis for SPY. Don't rush or push yourself into trades as market will hurt you mentally. NOTE:WAIT FOR THE LEVELS DISCUSSED
Looking for the SPY bull flag to gap fill this week.
Spy report for Monday Pushing or opening above 391.49 will go to 394.73 if the price closes above 394.73 prices will shoot to 402.79 breaking 385.26 prices will shoot to 379.58 and closing below 379.58 prices can reach 368.29 closing under 363.94 market will collapse that is IF WE DO then we are looking @ 290 to 295 on SPY for Final Target.
Simple to use on the 15 minute to Daily chart. When the Emas cross with green on the top buy calls within $2 strike. When cross with red on the top buy puts within $2 strike. Bottom Mac'd Ema difference should also be same color as top Ema. Green/Green or Red/Red. Any light blue line Ema or Sma can be support or resistance so be prepared to sell. Buy time never...
📈 What’s up investors! 📉 Welcome back to another one of 💡“Mike’s Ideas”.💡 I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy”. Follow for more ideas in the future!! I have 4 levels marked and colour coded on the Chart. These levels are: ⚪ White = Entry Point 🔴 Red =...
Simply follow the supertrend indicator for SPX quarterly ITM calls/puts at the given buy/sell signals. Follow the volume on larger time frames. Use any profit to first pay off 2022 debts then start building a diverse ETF portfolio with high dividend yields. 80% of portfolio going into equities 20% used for options.
I am short on this but what the hell do I know. What are your predictions?
So here's what I am thinking. I do think we will trend higher and hit the $380 area and head back down. Thinking we hit $380 by the end of October and with FOMC we break the support at the bottom and head straight down.
This is just my basic MONTHLY charting. I have marked what I see as the POSSIBLE bottom (support). I see overall DOWNTREND I have marked my potential SELL LEVEL for SHORTS/PUTS.