SPDR S&P 500 ETF TRUST

SPY NYSE ARCA & MKT

NaughtyPines

... for a .52/contract credit. Notes: Opened a 10%-er (credit received is 10% of the width of the spread) in the expiry nearest 45 days 'til expiration. Will manage at 50% max or 2 x credit received. For larger accounts, consider going wider with the SPY spread, or spreading /ES (e.g., January 15th 3220/3270, paying 262.50) (the equivalent of a 5 x 5* SPY) or...

jaceballos

Market overbought too much euphoria, very cautious levels despite an extraordinary month

BuySellBands

Regardless of the continually uncertain macro backdrop, the US stock market $SPY remains in a well defined technical uptrend, shown by continual higher highs and higher lows. The current chart pattern shows an ascending triangle with a break out above $SPX 3700 would indicate further confirmation of the uptrend. Volatility has been coiling the last several weeks...

burtnette

Clean retest of the breakout so far on good volume. I'm hoping that dip shook a lot of bulls out because I'm long and remain long. Back under the blue breakout line and I will reconsider.

TheTradersBias

SPY breakout has been holding up so far. Has been providing some good opportunities.

InvestingIdeas9

I personally believe we're headed for a blow off the top moment in the next 2 months that will then lead to a 2 year bear market. Hedging my bets if I'm wrong regardless. Zoom out and tell me what you see in the comment section.

wsokol

take it for what its worth.

DHLawrence

This pink pattern is a bearish reversal sign called a shark nentar. What happens when they start compounding? I can't imagine they cancel each other out... ??? The first one happened out of ATH territory. The second one is well below ATH... and just behind a huge bearish reversal Doji Called a shooting star, on the daily. Good Luck!

TraderGaara

how to read 14/30 SMAs SPY to find vacuum plays and retests

sureshsehrawat

Target on the chart

DaddySawbucks

On low volume lift, an exhaustion gap IMO. Money flow weakens, volume lessens, price moved higher on weak internals. Lower soon IMO. GLTA!

DHLawrence

Happy Friday! I color coded the correlating trends on a larger scale... so every one can see how big the START of this cash will be. These trends are developed from the smallest time frame, and expanded upon at each time frame further outward. The pink and purple are best case scenarios... But we could start down as we approach the all time high next week. ...

hanzhao311

Possibly at the top of the PF channel and will see some level of resistance Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.

zephin

Sorry MAGA.

guillemartin

Can you see a pennant?

wsokol

with record levels of greed and optimism in a middle of a pandemic where half of the companies will face bankruptcies we keep ripping. the wool over investors eyes has blinded them to the fact that there is risk in the stock market. This is not a time to open aggressive long positions, but rather to collect profits from long positions. some of the stuff i been...

adventurous51

The stock market indices are at all time high, climbing the wall of worried of the megaphone resistance. Meanwhile: - There is 20 million Americans unemployed - Covid-19 is at all time high - Stimulus is ending at the end of the month and there are no visibility as to whet and when the next wave of stimulus will be. Yes, there is a vaccine coming but vaccination...

timl163

IMHO, SPY will high likely break out very soon from the small trading range to the upside. IMHO, S&P will also reach 4000.