SPDR S&P 500 ETF TRUST

SPY NYSE ARCA & MKT

coolingla

There is a small chance 20-30% that The Correction Might be Over Already

AlexWe1992

Today stocks are rebounding a little bit. Nevertheless Market Color is sending a sell signal; After it sent a hedge signal (purple) last week.

Hedge_Of_The_World

US Futures drifted higher overnight, but are losing steam as we approach the cash open. Jobless claims came in better than expected at 751K, vs expectations of 763K, giving stocks a brief bounce. While this might be a beat, and marginally better than last week's print, this is 4 times what we saw pre-lockdown. Continuing claims came in at 7.75MM, which was notably...

AaronX

2020 Donald J Trump wins the presidential election. Locking in 4 more MAGA years of GROWTH FOR THE AMERICAN PEOPLE. Fight the Trump train & get STEEM ROLLED! Lets see what the future has in store ;-0

GoonsTrading

So, this is what I'm looking at on SPY moving forward, and it's currently my most likely scenario. I think the US is headed towards a type of lockdown varying in severity, but i'd bet on it happening. I also believe if Joe Biden wins, his strategy may be to inverse Trump & go into lockdown mode (as American sentiment towards Trump's handling of COVID is majority...

EtxeberriaAlex

I expect the price to still go downwards for the next 3 market days.

WadeYendall

If SPY can hold this line long to dotted line targets. Below the line long is dead.

ryan1avril

Broke another support line. Short tomorrow...

SLOPolarBear

Need to resolve On-Balance Volume Price Action divergence before gambling countertrend buys. We did see the breaks get pumped hard around $330, but that was also a major support. Volatily is high. Every day we inch closer to election, more investors grow weary about further losses to their accounts. Low is not in yet.

WaveAzzReaderz

Maybe setting up for another 4% drop to the 200ma and S&R confluence zone. Let's see what we get. Lost the long trade on this one.

Option_Traders

Inv h&s breakout on SPY nice move

Weedkiller420

It looks like potential support in the area between 325.62 and 324. If that breaks and it very well could I anticipate a test of the 200 MA around 312 or possibly down to the next fib level of 305.

SupportResistanceTrader

ELECTIONS, VIRUS, uncertainty 200day down below... why not. Everyone is looking at it on all charts. May as well test it.

01:36

cryptowaveman

Still leaning bearish at this point. Would like to see more development (5 waves) and above ~335 for a more bullish possibility. Bearish scenario ~311 to 290

AptitudeFinancialAdvisory

Bearish pattern has played out and SPY has seen a major selloff. Looking for a bounce here and rejection at the 618 level, then continue lower to 321 to retest the lows. Expecting choppy red action leading into elections and Q4.

Lucas_Sochulak

Hi, traders. My name is Lukas and I am a beginner in trading, respectively, I only trade 12 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and...

Hedge_Of_The_World

Global markets are in free-fall. After losing key supports yesterday, US Futures extended losses, with the majors down around 2% on the open. Vix hit it's highest level since June with a 38 handle, and was up as much as 14% on the day this morning. With the senate adjourned until the 9th, and no deal in sight (before the election), along with a resurgence in...

WadeYendall

SPY has gapped has gapped down hard through the 618. This is negative. Would normally see at least a small bounce there overnight. Means there are a lot off sellers. Looking at the bottom of of the gap to hold here. If it doesn't next level is 324.