SPDR S&P 500 ETF TRUST SPY

Boogeymaaan

SPY may reach one or two more ATHs before weekly RSI hits the resistance line. I see two possible scenarios, US economy crashes with 40-45% decline, and then recover much quicker than March 2020 as it resumes its uptrend until the biggest bubble pops in October 2022. Or US defaults in the coming weeks, and we all experience mother of all crashes into March....

LadyAmalthea12

$SPY MONTHLY That is a really really ugly and bearish monthly candle —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t...

lauralea

QQQ has also fallen from it's own ascending/rising and narrowing wedge. Posted below. Support is usually found within the rising wedge pattern, but it is possible to go to the beginning of the bottom trendline as well, or lower if extremely bearish sentiment persists. As each level of support is breeched, it becomes resistance. DIA is trading in a bearish crab...

ContraryTrader

Same story.. Spy calls here maybe the play.. Bounced of daily 50ema .. with the dowjones and IWM being oversold I could see a dead cat bounce playing out here.. before a further sell. All financial and travel stocks are oversold outside their BBands. A drop and close below 456 negates this swing here

DigitalData

All, **READ THE TITLE** 454 is a huge pivot, it very well could be SPY is in a broadening desendijng wedge in fact has all those features including steep sell offs to support (semi flat top here). Worth watching bececause these are some of the biggest bullish patterns because as you can imagine they not only break out the top but the starting point at the...

LeLaf

SPY has been in this ascending channel since 2020. Price action keeps bouncing off the bottom of the channel. Higher highs, higher lows. Price could bounce off the bottom of the channel yet again tomorrow. We will see by end of day tomorrow if the uptrend resumes (Green arrows) Or price action could breaks through the bottom of the channel, invalidating the...

Lester_Davids

Time: 17:35pm (SA); 10:35am (USA:NY) Chart: 30-Min Last: Around $463.59 Key Points: - Support found at Monday's lows, held in 1st half hour of trade. - Bounce, with attempt to close this morning's downside gap however unable to close due to selling pressure - The $461.70 to $462.50 level is a strong short term support however traders should take note if...

SLinvestor

Out look on $SPY. Could this be the beginning of a Bearish Winter? Not financial advice!

mkadhim85

AMEX:SPY We may see SPY rebound to 462-467 1/H CHART. STOP LOSS 451

Yogigolf

Based on 10/2 yield curve which looks like it could invert next year spy could visit its lower range in the low to mid 300s. Either the 50mma or 100mma. Also has some nice confluences with the price volume profile.

babu_trader

We have a monthly reversal candle. Looks like December will be a hell. Any big discounts in big names can be an opportunity to buy. Buy if SPY gets closer to 400.

JebusLives

A possible future for SPY. If we hold 457, we could move in to this harmonic pattern. If we lose 457 (which we'll know about today) this is invalid.

jablevins7

4 month spy forecast, featuring labels with potential entries and exits.(not financial advice lol)

GioThaKingo

I forgot to also add my bear count yesterday but it is on the chart as this being the actual (ABC) wave in yellow minute and we go down for (C wave). This also can be another potential (1-2) type scenario but until more happens it won't be included. As always these are my opinions and this is only a scenario : )

Xyia

Today the ice was retested on the Spy with volume after the Ice was broken 2 days ago. Today's 50 ema slowed down the possible drop down to $442 . Using resistance for taking profit on the way down.

Stock_Yid

spy might continue to fall but that area could be a stopping station on the way as it has 2 supports there

GioThaKingo

(Bear scenario #1 SPY)- Common retrace for both (ABC) and (WXY) waves is ("1" parity of origin wave) but can go deeper to the extent of (1.618) but at that point consider bearish alternatives from beyond that point. But we would like to see a reversal between from the characteristics of (Divergence from higher TFs and inclining (bull volume) with "Declining and...

LadyAmalthea12

$SPY Watching for 447 The ups and downs and the volatility is just noise —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t...