The US market index is at a very dangerous postion , any break to 436.55 , the lowest on April 12 Potentially big price bracket ⚠️
I think SPY will either trade nearly sideways or slight drop due to trend and resistance/supports Like for a like! I am trying to build some rep points. Thank you~
What to expect next week: Scenario 1: It will shoot up and test resistance 465 and overcome it and hit 470s Scenario 2: It will drop to 438 - 439 and bounce off and resume bullish trend...and toward 470s.. What likely to happen: Scenario 1 What if Scenario 2 happens? I would go long at 438 -439 price range.. In general, the market goes against the mass...
Happy Sunday! Let's breakdown what happened this week with SPY and what I think will play out this week: -We filled the gap -Twice SPY retested the 200ema level @ $450.00 before moving back down -Strength moved from bulls to bears once this happened -On a 5minute chart the last 10minutes before the end of Fridays session we finally closed below the 200ema...
Looking at SPY, the only thing holding it up is the 20DMA. Once it breaks through, I'm expecting massing panic. Stochastic and MACD have already signaled a bullish trend. I'm just patiently waiting for the calls I sold to go worthless. I don't think it will be long.
The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future.
^ 2022 FOMC Meeting January 25-26 March 15-16 May 3-4 June 14-15 July 26-27 Sept 20-21 Nov 1-2 Dec 13-14
bearish leading into tomorrow April 6th, short until the 442 area.
Just set my sell limit. Price has made a new swing low and will likely pullback into the 15m order block and make a lower swing high in comparison to the previous one. We then enter there and target a newer swing low. Goodluck and have proper risk management!
I believe we will drop to atleast $400 in the coming weeks/months. Be careful as volatility is at an extreme. Goodluck everyone!
Now it has stopped to refill the Gas tank, ... It is going to test ATH... I was hoping for a pullback this week so I can cash out my CALL position last week but due to pullback last week, I will be cashing out my call position this week since my CALL expiration is coming up... . If you are shorting, I recommend you cash out your PUT position on Monday ASAP... or...
Hello Traders, The targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The resistance zone is also defined by the model. A break of the resistance zone nullifies this set up.
My goal of this week was to have SPY hit 460 and SPX 4626 . Both goals have hit and was well on its way to 470/4700 when the market closed bullish a couple of days ago. The price needed to reach 465/4640 to confirm the continuation of this price movement. However, Bonds have become bullish and we aren’t going to reach our target of 4700 anytime soon....
My goal of this week was to have SPY hit 460 and SPX 4626 . Both goals have hit and was well on its way to 470/4700 when the market closed bullish a couple of days ago. The price needed to reach 465/4640 to confirm the continuation of this price movement. However, Bonds have become bullish and we aren’t going to reach our target of 4700 anytime soon....
Inflation adjusted, the stock market peaked in the year 2000 and a little over in 2022. With bonds yielding absolutely nothing worth while and any increase of .25 .50 basis points + will crash the markets, especially low end bonds. I argue the stock market inflation adjusted, offers such little upside while offering severe risk to the downside, especially over a...
At the beginning of the week, I called SPX hitting 4626 and SPY 460 by the end of the week but it seems it has reached to the price a lot faster than expected. Moving forward, todays close is imperative to future movement as one more bull run might be imminent before the eventual correction. If SPX is to close around the 4620s, I could see it pushing one last...
At the beginning of the week , I called SPX hitting 4626 and SPY 460 by the end of the week but it seems it has reached to the price a lot faster than expected. Moving forward, todays close is imperative to future movement as one more bull run might be imminent before the eventual correction . If SPX is to close around the 4620s , I could see it...
I am expecting to see 464 or even hit 470 this week. I have a call position that will expire in 2 week. Likely I will be closing out my position this Friday. But be aware, this is a pullback coming and then it will test ATH. DO NOT SHORT, It is going to be a GREEN WEEK. Just my opinion. I am not a financial advisor. Make sure to look at both perspectives every...