SPDR S&P 500 AMEX:​SPY

Here you go

Lower trend line tested last week.... looking to retest tomorrow or next week possibly. Important spot IMO

DailyFX.com retail sentiment reads -1.3144 Short: 1 Long with 57% of retail traders Short the SPX500. For two reasons I am keeping a Long bias for US equities. A) Retail sentiment B) We have not seen a close below the 50 EMA on the W chart. See callout bubbles. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you ...

I think the overall pattern is bullish, but we will get a few more moves down of selling if my analysis is correct! Let's see!

... for a 1.30/contract credit. Layering on some additional slightly short delta SPY to my existing December setup to bring the entire position back to neutral. Notes: In delta balancing existing setups, you have several basic options: (a) roll the untested side toward current price on significant decrease in value to reduce net position delta;* (b) add units to ...

Based on my proprietary indicator (in testing mode): Long Entry on green arrow Exit on red arrow or stop loss or target hit Short Vice versa

I've been watching these couple patterns since DJI crossed above the PRZ of the bearish Gartley I'd been watching for months(so about a month). So far, they seem to be helping to weigh the price down. The most obvious targets based on the patterns outlined with yellow horizontal lines, and the green rectangle being the zone that I start considering buying and/or ...

This pattern was shown to me by Liz Ann Sonders in her publications at Charles Schwab, which are available to all of us via Schwab.com and her posts on Twitter. What you see here is when longer term (3-month) VIX ($VIX3M) drops to a fraction of front-month (1-month) $VIX, it can signal an extreme shift in demand for short term options, which has shown us time ...

It's quite interesting to point out that the selloff of these days seems somehow similar to the February 2018's selloff. The magnitude of the drop is slightly different but, after such a drop, the main trend didn't broke. 50EMA keeps staying above the 200EMA. October selloff, to me, seems similar. The bounce back is more or less of the same magnitude of the one ...

We have seen volatility pick up as expected, check out my Instagram posts, where I have posted various charts, I even said we will look to fill in the 2821 gap at some point. Gaps in the indices tend to get filled eventually, as you see from the chart we have filled the gaps on the downside, however, we have 3 gaps unfilled above. This analysis is not based on ...

This is an Update on my previous analysis this time I updated the H&S pattern to the correct drop target, with a few more indicators. And adjusted the drops to match similar time frames to the 08 crash. "The Economy Moves Up like a stair but it Drops like an Elevator"- Phil Town OVER EXTENDED & PEOPLE ARE SPREADING FOMO After a +9 year Bull run, the market is ...

SPY SPY has completed a 5 wave sequence. -Wave 1 & Wave 5 Extended -Correction Wave B went above the terminal point of Wave 5. -Elliot calls this an irregular correction and can be subject to "Double Retracement". Double Retracement corrects Wave 5 and then the whole wave sequence. I don't think we could see a double retracement due to economic conditions. ...

The correction I anticipated as per weekly signals panned out, market is now at support. Don't be shocked if we bounce from here. You may go long if you're swing trading, risking $50 down from entry. Cheers, Ivan Labrie.

2018 - basic outline for the year - as published here in my chatroom - Key Hidden Levels. I see "no gain" for the year as the market chops sideways and then musters strength for a move up next year as the full impact of the new Tax Law kicks into full effect, driving Capex, Buybacks and re-distribution of wealth. Time will tell, but given the extreme calls for ...

Little bear flag on SPY on decreasing buy volume

Kind of a play on my SPX channel, but SPY channel seems more clear. We are now inside the channel and its the top of it is now acting as resistance. Maybe we will ride along this channel for a while. I think we go down and test the mid range at least.https://www.tradingview.com/x/nayUaqa5/

Looks like a great spot to initiate a short or move to cash.

Based on my proprietary indicator: Long Entry on green arrow Exit on red arrow or stop loss or target hit Short Vice versa