Ryan: I think everyones being a little silly 🙂 🐻: ... 🥤 Ryan: We are going to all time highs 🙂 🐻: Drink this Ryan... 🥤 Ryan: Gulp.... 😪 ehhhhh.... 🐻: Yessssssss..... drink up now... there you go Ryan: 😴
Economic Indicators Comparison (2007 vs. 2024): In both 2007 and 2024, several key economic indicators show notable similarities, suggesting the market faces comparable macroeconomic challenges: Unemployment Rate (September 2007: 4.7%; September 2024: 4.2%) US Inflation Rate YoY (September 2007: 2.5%; September 2024: 2.5%) US Housing Starts (September 2007:...
Expired SPY Weekly outlook. 1st WK OCT 2024 > BULLISH 📈 HIT Prior Week Closed Price: 571.47 This Week Target Price: 573 Strike Price: 574.36 on SEP 30, 2024 Upper Range: 582 Lower Range: 564
Expired SPY Weekly outlook. 4th WK SEP 2024 > BULLISH 📈 HIT Prior Week Closed Price: 568.25 This Week Target Price: 571 Strike Price: 574.02 on SEP 26, 2024 Upper Range: 580 Lower Range: 563
50 BPS cut is just ridiculous, we are facing dark times. Are you sure it is a bull market now? Old man Warren already answered this. Stay tuned.
Expired SPY Weekly outlook. 3rd WK SEP 2024 > BULLISH 📈 HIT Prior Week Closed Price: 561.96 This Week Target Price: 564 Strike Price: 565.97 on SEP 17, 2024 Upper Range: 587 Lower Range: 541
Looking at the SPY daily chart, the price has recovered well from its recent pullback and is now approaching a significant resistance level around $564. Key Levels: Resistance at $564: The green dashed line highlights this key resistance zone. SPY has tested this level multiple times, and we’re nearing another test. Each time the price approached this zone, it...
MY GAMBLE, Fed is NOT cutting rates next week. (No chance) 0 This would be seen as Election/political interference. The markets have been going up nicely the last week and I want to play some bear positions. There is no weakness in employment And inflation is present and not at 2% target. IF THEY cut rates, they will have to 'make up a reason'.
Looking at the SPY 5-minute chart, we’re seeing some clear bearish signals after what seemed like a potential recovery. Let me walk you through the main things that stand out. What I’m Seeing: Resistance at $554.41: The price reached a high of $554.41 but failed to hold, showing clear rejection at this level. This resistance has become a key point, as each...
Behold, devastation just up ahead. $2500 is probable in the S&P. Retirements are about to be wiped out. As a friendly reminder, the "401K is free money" narrative is going to evaporate. The media will soon be out in full force talking about: "stay the course" "remember your goals" "stay invested" "LFG" "buy the dip" So foolish. If you are trapped in a...
210 below support breakdown 207/204.50/202 /197 can test easily market looks weak so try to short strong one
406 below short 405/400 /398 can test easily support below dia very weak
We are seeing some really impulsive moves coming up and at this point it really important to trade with the trend. A complete analysis coming in soon.
284 below weak 281/279/275 can test easily already tl breakdown
From what we can see it appears that we are just at the beginning of a bear move here and that might be quite an aggressive move. pay attention to the $550 level here and if we stay at that or below it, we should a steep curve to the bears in the next few days here.
Previously in the Opening Range Breakout (ORB) and the Volume Weighted Average Price (VWAP). In Part 1, we dove into the basics and all the important aspects of the ORB, but now let's explore why these strategies often lead to high win rates. The Psychology Behind ORB The ORB is powerful because it captures the market's initial reaction to overnight news and...
Double Trouble is the name of the game here, and it’s no joke. As you can see SPY just dipped below a critical support level, and things could get tricky if buyers don’t step in soon. What’s Happening? SPY has been bouncing around within a tight range for the past few days, but today’s action saw it break below the 554.93 support level (highlighted by the yellow...
There is no gas in SPY to go further top. It is hovering below 565 for over a week now. Even the Jackson Hole talk couldn't push it above 565. I believe the market is waiting for some major catalyst to break down