SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS

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SPY

Bounce Complete, now lets Peg the top too. I have decided to go with the pitchfork type drawing today to show that at the end of everything for a year and a half we have been oscillating around this ascending channel if you will. This channel is not a pattern of itself but it is following a bullish breakout that rose almost 100% in price over 6 years. Now,...

I thought the SPY and just about everything else was so overbought I thought this market was ready to turn down, but this last two weeks showed me that's not true. As over bought everything is the "MAN" will keep it going up no matter what the cost! Just print more money and PUMP it up!!!! We live in fairyland anyways why not....

REFER TO LINKED SPX CHART FOR ADDITIONAL ANALYSIS. Pink to blue is the period between Trump announcing tariffs on Mexico to the "deal". Hmm. Something isn't right. A rip on decreasing volume. A breakout on minimal volume, followed by a ride down the trendline. Overbought on every indicator. Stopping just below a top from a previous bounce. Everything is...

- SPY is bullish. The 2-3 day correction was perfect.

Looks like a larger pennant now. Market probably isn't going anywhere until the Fed meeting next week. BTW, the previous pennant broke last night AH, then the computers pumped futures right back up. The algorithm is designed not to lose.

I published a weekly version of this and would have missed a big bear move today.

Options analysis based on Put/Call volumes to develop an estimated range.

12-Jun-2019 Current Supply-Demand strength flow appropriate to the current trend that in the midst of a falling box pattern adjustment trend marked by limited rises and falls But, I think that SPY stock price flow is going to as soon as upward by 295

After a strong rally to the upside it's hard to see price moving downward, afterall we've bean hearing a lot of possitive news througout the media. But as a trader aren't we supposed to be contrarians? Well after looking at how today ended It could be hypothesised that the stong move to the upside has calmed down since bulls failed to break through recisstance and...

Over the last 7 years, S&P 500 has respected EMA 200 + long term diagonal support; with very similar touch-points. There is currently a challenging double top in the 295 area which might push the price down to consolidate between 257-295. The current channel is between 273-295 which if you want to profit, you would want to zoom-in a trade set-up with a lower...

CM_Renko Overlay Bars V1 Overlays Renko Bars on Regular Price Bars. ***Color of Renko Open and Close Lines Change Based on Direction. Default Renko plot is based on Average True Range. Look Back period adjustable in Inputs Tab. If you Choose to use "Traditional" Renko bars and pick the Size of the Renko Bars the please read below. Value in Input Tab is...

When Increased Volatility to the Downside Reaches Extreme Levels it’s Usually a Sign of a Market Bottom. This Indicator Takes the ATR and uses a different LookBack Period to calculate the Percentile Rank of ATR Which is a Great Way To Calculate Volatility Be Careful Of Using w/ Market Tops. Not As Reliable. ***Ability to Control ATR Period and set...

I want to see a healthy pull back to the levels of support showed above. Once we test the first level, wait for confirmation for the bounce for new (higher lows). If not, we will test the next line support. Of course News and Trade could blow through both resistance and support. This could be building a descending triangle though its way to early to tell.

seeing double? 10/2 - 10/11 we had a sell off. a small bounce back before a bigger sell off that ended on 10/29. followed by a huge rally. this rally ended on 11/7 and preceded with a sell of for the next 3 weeks. from 5/1 - 5/14 we had a sell of. a small bounce back before a bigger sell of that ended on 6/4. followed by a huge rally. this rally ended...

Feels like we are approaching correction wave down. PT 282-285. Stop Loss around 291. Trade open.

It Could be the top for Spy

Equities are attempting to recover and appreciation in bonds may have run its course. May be the start of a strong flow of capital into equities. Just cautiously watching what happens with Gold. SPY SPY • Trend o SPY (mnthly): remains in primary bull by trading above KS but a bearish candle suggests a retracement to TS or KS has potential. (mnthly KS) CAUTIOUS...

Terrific rally to the 0.786 Fibo; looks like a slamdown at 290 today. We all expected a rally, but this one blew us away. Now we are back in the middle; higher prices but year. Pullback seems imminent; look carefully, however, you may find at least three similar Doji's that fooled us. Cautiously shorting in anticipation of trade and Fed combo worries leading up to...