SPDR S&P 500 ETF TRUST SPY

scheplick

Here are two charts: The S&P 500 SPY ETF and the Percent of Stocks ABOVE Their 20-Day Moving Average As of this writing, just 14% of all stocks are above their 20-day moving average. Just 14%! That is the lowest level since the Covid crash. Individual stocks are getting hit really hard right now. If you don't understand what I mean, I'll present it differently:...

ProSignalsFx

✅S&P500 is trading in a rising channel And now the index is making a bearish correction Giving the Buy The Dip crowd another great entry opportunity I think that the rally is not over yet So when the price retests the rising channel's support A rebound and renewed growth are to be expected LONG🚀 ✅Like and subscribe to...

3kovin

For now we have false breakout of 453.95 with very high volatility at this level. Please Watch for it move little more higher for open any long positions. Don't forget about stops. It's not financial advice. We can see target around 490-500 in end of January/early February.

CptSafety

Not feasible at this point. Testing my fortune-telling abilities. I'll go short if we create that right shoulder and start to round.

kyleppp

pretty close on the original predction lol all I can say is UVXY is still fairly priced. If you are newer and have not been through a correction before, just wait until you see how fast and powerful the VIX moves up! also,,, no matter the opinion, best of luck guys!!

BlackisKing

This is not an investment advice. Please do your DD. The market has been selling off lately due to the new variant but I think it was expected. From my last ideal where I mentioned we were in a bullish megaphone pattern (See below) played out exactly. Now I think we are doing exactly what we did last November but a little late. I still expect a rally starting...

ContraryTrader

Next leg down to close gap at 447.50 is I think here.. Dow Jones got rejected, QQQ cant hold over that neckline (See link) and financials are pulling back. Let's see what happens

Crypt0Jack

-=-=-=-=-=-=-=-=-=-=- Hey guys, EXTREMELY excited to share something with you, but before I begin there are a few things I need to cover: A special thanks to my viewers who have supported me for ~16 months of weekly live streams. It is only because of them that I came across this, what could end up being one of my most important discoveries ever (yes that...

SPY_Trader

Despite this early morning pop, SPY still has a lot of potential downside. Low volume, buyers aren't exactly lining up to buy. SPY is still at the lower Bollinger band. The MACD is showing a downtrend. Personally, I'm holding off on opening any positions yet. I still have short December calls I'm waiting to buy back. When I do short sell calls or puts, it will...

wes999

SPY has retraced to the 50% Fibonacci level and the VIX is going down. Wait for price to go above the trendline and the RSI to break the trendline as well. This will be confirmation for an upwards move to at least the previous high.

hauteville

On the 1-month chart, an empty space wedge has cleaved the price action of the SPY from its Bollinger Band Walk (in other words, the bull rally).

bsdvs23

Entering into a bearish position on SPY. Targets below.

Fahadxx88

SPY will continue the downside movement till reach this strong supply zone and at same time the bottom of the major channel. After that, will get a strong rebound to the top channel around 480-485.

jrosanova19

Killer short entry here on 0DTE's tomorrow 12/3 The line in the sand has been drawn @ 459 Will use $459 as resistance Play it to $450 SPY still has room to drop -3% move to come before we see real recovery Reverse my position long on a break and hold of $460

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TTMTrades

Glad to be back and recording for YOU. SPY is still on shaky legs and the momentum to the downside is still strong. Here's what you should know before market open!

GroundNinja

SPY 4 Bar play into the close. Auction seeing higher price shelves despite elevated levels seen in VIX and PCC today. Let's see if she holds leading into EOW.

jjmatsjr

SPY has completed a textbook ABC style corrective wave and has now found support. Today formed a Naked Upward Reversal pattern, where price action opened above the previous day close, and formed a green inside candle after the naked bar. Technical statistics are in our favor of a new run towards the upside, supported by seasonality.

truebubblehead

The trend is our friend! Covered this and more in our live stream today!