SPDR S&P 500 ETF TRUST

NYSE ARCA & MKT

SPY

MountainTraderFX

SPY is unstoppable, for whatever reason it may be. However, a major resistance level has been reached, and one might try their luck at shorting spy here. No directional trades, options only. Be careful and measure your risk reward. Like and subscribe for more trades. Wish you all best of luck in your trading!

Todopoderoso

after 2 days battling 300 resistance it broke out to the upside , but as usual no volume , same old news (economy re opening, new vaccine hopes?.. if it keeps going up like it has well be looking at ATH by end of july but that would be ridiculous , there has to be a pullback. hopefully that would happen next month. be careful trading here since the sentiment is...

Dr_Roboto

Was trying to find some direction for the market in the coming weeks. I took a look through history to see if I could find a time when the SPX, VIX (volatility), and ADX (trend strength) all had similar values. The best match I could find was the beginning of June 2009. You will have to zoom in on the time frames to get a better view of the data. I know, I know,...

merkd1904

If you trade on the smaller TF's it's clear that today was a pretty epic fight between the bulls and bears. We started the day with ANOTHER rejection off of $302 and a shot at the gap that we had just printed. With extended sell pressure we finally broke back into the gap we printed YESTERDAY at open and it was looking like a clear cut rejection off of the...

AJ-0293

Support broke down, waiting on a retest

egillis214

Plan accordingly! SPY over 300!

PiersonFinancial

SPY is looking beautiful. This chart has been slightly updated since the targets are being reached quicker. This may only last till Fall.

insyyte

$SPY gapped up on the heels of $ES futures bullish action yesterday, but sellers showed up at the open and slammed $SPY down to a low of -0.7%, before buy the dip crowd showed up and closed SPY at the high of the day, firmly above its 200 DMA. The S&P 500 advanced 1.5% on Wednesday. Advance led by many of the value-oriented stocks. IWM (+3.1%) outperformed...

mggagni

XLF relative performance to SPY is almost at its 2009 lows.

Austink123

Closed short Will the fed keep pumping and the world open leading to 310, 320 SPY? Sure whatever. Keep in mind a gap fill to $285.78, I'm considering that play a week or two out but I haven't opened any positions as of today 5/27. TA keeps working out unusually well on S&P, leaving this strategy as neutral due to buying calls and puts on the same day.

Lcheese

Made this channel a couple of weeks ago and it looks like SPY is staying in this upward trend. I believe if this channel breaks we may see some kind of drop. I will initiate a short if we see multiple days break from this channel. Let me know your thoughts!

ncorreia

Yesterday the SPY broke above an important level (GAP) at 302. It also confirmed two consecutive days above the 200sma. Interestingly enough on the last close it printed a bearish hangman candlestick. It'll be interesting to see what happens into the end of the week. If we can keep above the 200sma and print a proper bullish structure (double bottom etc), then the...

TradeMeOut

SPY has a large price gap around the 2875 level and I noticed that for it to fill that price gap without breaking a key trend line support, it needs to do it by 5/28 or filling the price gap becomes more risky for the market. I think this might be evidence to suggest that over the next 24 hours, we could visit 2875 only to bounce back into 3000+. This is just my...

OfficialGoon

just an update to older charts already on here seeing the waves

trustchart

CI/SPY

abigreen

My trading buddy suggested this tool to me. Not sure if in the current rigged market its relevant, but worth a look I guess. It works well and it shows correction to 285 level. no position at the time, but ready to jump in.

WDERUVE

SPY above 304 in premarket trading. RSI overbought slightly, MFl heading towards overbought. Might see some pull back but nothing dramatic today. I think we keep creeping towards that 310 level before the reset. Matches with the early pump from early March.

11:02

Fineight

Hi traders, when we are evaluating our sessions, it's critical to recognize OUR mistakes and EXTERNAL events. That's why although I ended up in a minor loss today, I am pretty happy with the result. My NEM trade "worked", but only after the institutional traders re-tested the opening prices which meant my SL was hit. Yes, losing money sucks, but seeing the idea...