This was Intra day trade and I posted this on X. Irrespective of where price goes I have already exited from this trade @423.
Expired SPY Weekly outlook. 1st WK OCT 2023 > NEUTRAL 📊 CORRECT Closed Price: 427.48 Target Price: 426.13 | Strike Price: 420.48 OCT3 Upper Range: 442.65 Lower Range: 409.61
Based on what I see, tesla is approaching the right side of the head and shoulder. and roughly gauging the current economic uncertainty and considering tesla's correlation to the market. I think tesla has high probability of reversing down towards 245 by the end of this week.
AMEX:SPY SPY head and shoulders top possible range down to 410 level
This is my weekly analysis for SPY.I have clearly explained what price is willing to do and trust me there is no rush to push trades on yourself. Just wait for the right opportunity. If you have any doubts feel free to shoot me a text. NOTE: STAY AWAY IF YOU ARE NOT SURE ABOUT THE MARKET
AMEX:SPY SP:SPX CME_MINI:ES1! CAPITALCOM:US500 Incomplete bear count and expecting new lows for wave 5 of W3 followed by a big bounce. Watching new high into supply above or flag breakdown to get a entry.
This is a weekly chart and I meant to share this on Friday; but forgot. Blue vertical lines are the paths from previous bear market lows to new all time highs, over-layed to the bottom of October 2022. Red vertical lines are the bear market paths from all time highs to bear market lows, over-layed to the high of January 2022. As you can see we are no longer...
This is a break down of SPY so that we understand what market is trying to do. NOTE:LEAVE THE MARKET ALONE
This is my weekly analysis for SPY. Spy has started to make LH LL on weekly and Daily. So trend is changing. If you have any doubts let me know. NOTE: DO NOT GO LONG
The latest Consumer Price Index (CPI) report this week has shown inflationary pressures, with a 0.6% month-on-month increase in CPI, in line with expectations. Additionally, the core CPI, which excludes volatile food and energy prices, also saw an uptick, rising by 0.3% month-on-month, above expectations at 0.2%. On a year-on-year basis, CPI has surged to 3.7%,...
AMEX:SPY is creating an intermediate top , with a lower high formed below the previous lower high ( which was at the bear gap below All Time High. We may see a deeper correction and a short trade with target as gap fill below is looking good
Thinking if AMEX:SPY breaks out above, taking Call options to target at key level. If SPY breaks down below the triangle, taking Put options to target at key level below. Pay-tience!
AMEX:SPY simple Put trade. hit 1st target immediately below the triangle. continue to watch
AAPL forming a ROUNDING TOP on the MONTHLY chart? Could be a macro bearish reversal for this giant before it grows again? Or will it simply fall to the 150 range and continue bouncing upwards on that yellow trendline? I am BEARISH in the short to mid-term. The whole market will turn over giving the global macro conditions as well as piling national economic...
Expired SPY Weekly outlook. 1st WK SEP 2023 > NEUTRAL 📊 CORRECT Closed Price: 451.19 Target Price: 450.92 | Strike Price:449.24 SEP5 Upper Range: 468.34 Lower Range: 433.49
This is my analysis for SPY and be careful and trade as per your risk tolerance. NOTE: MARKET SHOULD GO DOWN
I think AMEX:SPY has seen the highs for the year and is starting the process of rolling over. I think people like Tom Lee calling for new highs on the year are about to get humbled. I think we're going to go lower than last year, the question really is how low do we go? My bets would be the bottom is under $300. $270 looks like a good place to bid (a 40% drop...
My SPY analysis is pretty much aligned with the CBOE:SPX index Here is the best estimate of where we could be now. Minor 4 lasted a little longer than forecasted but managed the moves up and down in line with historical models. It is possible Minute waves 1 and 2 inside of Minor wave 5 have already completed. If that is the case this is the plan for Minute wave...