SPDR S&P 500

Crossed 50MA and YTD trend in a bearish manner. Watch support at 240, 235, 230. Wait to confirm support is holding then BTFD

A buy signal is generated when the indicator is below zero and turns upwards from a trough. No sell signals are generated (that not being its design). The indicator is trend-following, and based on averages, so by its nature it doesn't pick a market bottom, but rather shows when a rally has become established. I just wanted to point out the Fibonacci Time ...

2 Buy Targets. Noticing some bull divergences on the indicators. Supported at the 23% Fib Rejected off psychological $250. Coming back to previous breakout of $240.

Not looking good, I got caught going long 2 days ago.

I don't like debit spreads, but sometimes they give a nice risk reward, SPY have a Implied volatility rank of 1.4 at the time of this trade. This is basically a 50/50 trade but we are risking less than the potential max profit. The trade: Buy 242 Put Sell 240 Put Paid 0.65 per contract I did 10 contracts so the max profit is $1,350 and my max loss is $650. ...

Possible bottom at $240 due to macro events + correction This will create a bearish engulfing candle on the monthly chart

We are at a crucial point in this ratio. A break of two major trends lines and 200 day ma should lead to a much needed correction in the overall market. Will it find support here?

So I Saw Yet Another $1000 Dollar System For Sale. This Marketer Actually Had A Decent System…But Left A Lot Of Key…And I Mean Important Information Out. Likely To Get People To Pay For His Weekly Picks. ***I’m Tired Of These Marketers Hyping Up A System…Charging A Premium…And Taking Money From People Who After Taking The Course Don’t Even Realize How Much ...

Lot's of fuzz in the "social investing media" about the broken SPY trend line that, well, is just a darn trend line after all. The advance this year has been quite steep and without much pullbacks so it is about time to get a different tune. There is though some points that should be pointed out: 1) the current decline differs from the previous since it is a) ...

I introduced this FISHER -TRIX system on the chat message board some time ago. A few traders are using it so I thought it would be a good idea to share it with all the members. The basic price trend up is when the FISHER and or the TRIX 10&14 are above mid point and down when they are below mid point. But if we just use the above/below mid point as entries it will ...

100 day MA test so near, it will happen.

bearish short team

The S&P500 has been following a nice long-term trend. The current trend is making way for a bounce of 1-2% off of the rising floor. Additionally, the RSI and Stochastic confirms that the SPY has been oversold. Look for $250/share in the coming days.

The world is not ending yet. I just went outside and checked. The ship can't be turned around quickly unless it's the Flying Dutchman, which this market could be too. I'll give 40% to the bears for the next few days to be fair.

Held that level for last 9 months. Ascending Wedge

Hard not to see.

Remember to always use good risk management when trading. 1:3 is good risk to reward.

Macroeconomic distractions should negatively impact the market this week, with a potential bounce buy in the $240 area.