SPY VS. Economic DownturnTechnicals
- Double Top
- Bearish Divergence
- RSI approaching Overbought territory (68 on the daily)
Fundamentals
- Inflation Rising
- Unemployment Rising
- Job Openings Decreasing
- Government Shutdown (Friday's Non-Farm Payrolls report Cancelled)
- Q4 Earnings (Big Tech AI CapEx spend needs to show proof of ROI)
Trade ideas
SPY MONEY PRINTER GO BRRR|LONG|
✅SPY with the FED lowering rates, liquidity injections perspective fuel risk assets. Price has broken out above the key level, signaling bullish order flow. SMC outlook suggests momentum could push into new all-time highs as money printer effects unfold. Time Frame 1H.
LONG🚀
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October 1st. Best Trading Day of the Year?NOTE: This is a post on Mindset and emotion. It is NOT a Trade idea or strategy designed to make you money. If anything, I’m posting this to help you preserve your capital, energy and will so you can execute your own trading system with calm, patience and confidence.
I was told yesterday that October 1 is historically a great trading day.
What does that mean?
That we buy? That we sell?
Or as traders, do we simply lean into the expected volatility in both directions, regardless of how it ends?
Is it really about direction or is it more about volatility itself?
And then I wondered, what about October as a whole?
We’ve just come through a really strong September. That alone puts expectations on edge. Do we continue higher? Or do we fall off in line with October’s reputation?
Because if you ask most people, October is “that scary crash month.”
1929. 1987. 2008.
Big events that seared into collective memory.
But the data tells a different story.
Seasonality studies show October has often been one of the stronger months for the S&P 500.
Yes, it tends to be more volatile with more big moves up and down.
But zoom out and October often finishes in positive territory. Many times it has even marked the end of declines and the start of new rallies.
So why does the “October crash” narrative persist?
Because our brains are wired to latch onto the dramatic, painful events more than steady gains. We remember the sting of a crash, not the quiet consistency of recovery.
That’s the mindset piece here.
Markets are not just numbers, they’re stories. The ones we tell ourselves, and the ones that echo across generations of traders.
If you believe October is dangerous, you’ll find evidence everywhere to confirm it.
If you believe October is an opportunity, you’ll see that too.
What matters is not October itself.
It’s your relationship with volatility and how you meet uncertainty. Both in the markets and in your own mental state.
Your ability to hold perspective in a month where the swings may be larger, the headlines louder and the ghosts of market history come knocking.
$SPY / $SPX Scenarios — Wednesday, Oct 1, 2025🔮 AMEX:SPY / SP:SPX Scenarios — Wednesday, Oct 1, 2025 🔮
🌍 Market-Moving Headlines
🚩 Jobs + factories double hit: ADP jobs and ISM Manufacturing kick off October with the labor + growth pulse.
📉 Q4 repositioning: Funds reset exposures after quarter-end — volatility risk elevated.
🛢️ Auto lens: Auto sales (TBA) add color on consumer durability.
📊 Key Data & Events (ET)
⏰ 🚩 8:15 AM — ADP Employment (Sep)
⏰ 9:45 AM — S&P Final Manufacturing PMI (Sep)
⏰ 10:00 AM — Construction Spending (Aug)
⏰ 🚩 10:00 AM — ISM Manufacturing (Sep)
⏰ TBA — Auto Sales (Sep)
⚠️ Disclaimer: Educational/informational only — not financial advice.
📌 #trading #stockmarket #SPY #SPX #ADP #ISM #manufacturing #jobs #economy #Dollar #bonds #autos #megacaps
SPY at a Critical Level! Key Trade Setups for Oct. 1 Market Structure (15m & 1h)
SPY closed around 664.6, holding inside an ascending channel. Price made a strong push into the 666–667 zone before cooling off. On the 15m chart, MACD is rolling down and Stoch RSI is oversold, suggesting near-term weakness, but the 1h structure is still bullish as long as 658–660 trendline support holds.
Support & Resistance Zones
* Resistance: 667 → 668 (Gamma walls + overhead supply)
* Support: 663–664, then 662, with stronger defense at 660–658
GEX / Options Sentiment
* Highest positive GEX magnet: 665
* Call walls: 667–668 (heavy cluster, tough to crack)
* Put walls: 662, 660 (strong downside lines)
* Options flow still favors puts (63%), showing downside hedging is dominant.
My Thoughts
SPY is coiling in a tight pocket:
* Bullish case: Holding 663–664 could bring another test into 667–668. A breakout over 668 with volume would open the door to 670+.
* Bearish case: Losing 663 turns momentum back to sellers, targeting 662 → 660, with 658 trendline as last defense.
Trade Setups for Oct. 1
* Bullish scalp: Long off 663–664 support, target 667–668, stop below 661.5.
* Bearish scalp: Short rejection at 667–668, target 662–660, stop above 669.
* Swing watch: Clear close above 668 → upside extension toward 670–672.
SPY is pinned between 663–664 support and 667–668 resistance. Whichever side breaks first will likely define the day’s momentum. Bulls must reclaim and hold above 668 for continuation, while bears need a break under 663 to take control.
Disclaimer: This analysis is for educational purposes only and not financial advice. Trade safely and manage risk.
SPY weekly divergenceCheck out the chart on SPY weekly. As you can see, TTM has started to show that volatility has started to come out of the move (light cyan to dark (lower indicator)) all while SPY has continued to push higher. All times before this has signaled local weakness and a subsequent pullback ahead.
Waiting for the Stock Market to FallI’m expecting a decline in the stock market. Long positions are relevant only in the commodity sector — no stock longs!
At the moment, I’m not entering any positions. I’m watching the market, monitoring major players (who, by the way, are closing their positions and moving into cash), and keeping an eye on the news flow.
I believe that later this year or early next year, an opportunity to open a short position will appear. For now, I’m just observing. There have already been a few attempts to enter the market, but stop-losses got triggered. Thanks to stop-losses for existing — they prevent blowing up the account.
Right now, there’s no rush. It’s all about waiting for the right trade. Meanwhile, I’m staying long in metals.
$SPY / $SPX Scenarios — Tuesday, Sept 30, 2025🔮 AMEX:SPY / SP:SPX Scenarios — Tuesday, Sept 30, 2025 🔮
🌍 Market-Moving Headlines
📉 Q3 closeout: Last trading day of September = quarter-end rebalancing flows in equities and bonds.
💵 Fed watch: Multiple Fed speakers across the day keep policy tone in focus.
💻 Mega-cap drift: NASDAQ:AAPL , NASDAQ:MSFT , NASDAQ:NVDA leadership remains sensitive to yields + growth data.
📊 Key Data & Events (ET)
⏰ 🚩 9:00 AM — S&P Case-Shiller Home Price Index (Jul, 20-city)
⏰ 🚩 10:00 AM — JOLTS Job Openings (Aug)
⏰ 🚩 10:00 AM — Consumer Confidence (Sep, Conf. Board)
⏰ 9:45 AM — Chicago PMI (Sep)
🗣️ Fed Speakers:
• 6:00 AM — Philip Jefferson (Fed Vice Chair)
• 9:00 AM — Susan Collins (Boston Fed)
• 1:30 PM — Austan Goolsbee (Chicago Fed)
• 3:30 PM — Austan Goolsbee (Chicago Fed, TV appearance)
⚠️ Disclaimer: Educational/informational only — not financial advice.
📌 #trading #stockmarket #SPY #SPX #Fed #Powell #JOLTS #ConsumerConfidence #CaseShiller #PMI #Dollar #bonds #megacaps
SPY – Bulls Regain Control as Gamma Frame the Next Move. Sep 291-Hour Technical Outlook
SPY has rebounded sharply off the $654–$655 demand zone, reclaiming $662 and now grinding toward the top of its rising wedge. The hourly MACD shows strong positive momentum and the Stoch RSI is elevated near overbought, suggesting bulls are in short-term control but may need a healthy pullback or consolidation to reset.
Key resistance lies at $664–$667, with a larger breakout level at $668. Support to monitor sits at $660, then $657, the key inflection area that triggered Friday’s bounce.
Gamma Exposure (GEX) Confirmation
The options market echoes the chart setup:
* Highest positive GEX / Call Resistance sits at $664–$667, with the strongest wall near $668, matching the upside breakout zone.
* Heavy Put Support rests at $657, with secondary layers around $655, forming a robust floor.
* Dealers are currently net short gamma, which can add fuel to intraday moves as price approaches these extremes.
A decisive hourly close above $667 could create a gamma squeeze toward $668+, while a drop under $657 would likely trigger defensive selling toward $655.
Trade Ideas & Option Plays for This Week
* Bullish Setup: Long on a clean break above $664–$667, targeting $668. Option setups: 0DTE or 2DTE 665/670 call spreads to manage risk and cost.
* Bearish Setup: Short if SPY fails at $664 and closes back below $657, targeting $655 or even $650. Consider 660/655 put spreads or short-dated puts.
* IVR around 14.5 and IVx ~13 mean option premiums are relatively low—good for debit strategies.
My Take
SPY is attempting a trend resumption after last week’s pullback. The gamma map lines up perfectly with the technical picture: $657 is the line in the sand for bulls to defend, while $667–$668 is the breakout trigger. Expect increased volatility once price decisively moves beyond either side.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk before trading.
$SPY / $SPX Scenarios — Week of Sept 29 → Oct 3, 2025🔮 AMEX:SPY / SP:SPX Scenarios — Week of Sept 29 → Oct 3, 2025 🔮
🌍 Market-Moving Headlines
📉 Month/Q3 closeout: Quarter-end rebalancing + fund flows set tone early in the week.
🚩 Jobs Week: ADP (Wed) + NFP (Fri) will dominate macro narrative and Fed expectations.
💻 Mega-cap rotation: NASDAQ:AAPL , NASDAQ:NVDA , NASDAQ:MSFT drive tech leadership amid yield volatility.
🌐 Housing + confidence: Home sales + Case-Shiller + sentiment test consumer resilience.
💵 Rates & Fed tone: Packed Fed speaker slate keeps policy path in play alongside data.
📊 Key Data & Events (ET)
Mon 9/29
⏰ 10:00 AM — Pending Home Sales (Aug)
Tue 9/30
⏰ 🚩 9:00 AM — S&P Case-Shiller Home Price Index (Jul)
⏰ 🚩 10:00 AM — JOLTS Job Openings (Aug)
⏰ 🚩 10:00 AM — Consumer Confidence (Sep)
⏰ 9:45 AM — Chicago PMI (Sep)
Wed 10/1
⏰ 🚩 8:15 AM — ADP Employment (Sep)
⏰ 🚩 10:00 AM — ISM Manufacturing (Sep)
⏰ 10:00 AM — Construction Spending (Aug)
⏰ TBA — Auto Sales (Sep)
Thu 10/2
⏰ 🚩 8:30 AM — Initial Jobless Claims (weekly)
⏰ 10:00 AM — Factory Orders (Aug)
Fri 10/3
⏰ 🚩 8:30 AM — Nonfarm Payrolls (Sep)
⏰ 🚩 8:30 AM — Unemployment Rate (Sep)
⏰ 🚩 8:30 AM — Average Hourly Earnings (Sep)
⏰ 10:00 AM — ISM Services (Sep)
⚠️ Disclaimer: Educational/informational only — not financial advice.
📌 #trading #stockmarket #SPY #SPX #NFP #ADP #Fed #Powell #jobs #unemployment #wages #housing #consumerconfidence #PMI #bonds #Dollar #megacaps
SPY trend Broken? Use this Long / Short StrategyLast week was a choppy sell off in the markets.
We did see the bulls defend price later into the week by bouncing the main indices very nicely.
We discuss the simple support / resistance where you should be watching.
Using the daily 7MA as resistance can be shorted however if we recapture and close above, then the markets remain a long to new highs.
The trend of higher lows is still in tact signaling bullish strength... can we search for a new higher high?
SpyNext week marks end of the quarter and the week after is a black out week with no earnings. Any pullback or major correction has that 2week window. Once new earning season kicks off you usually don't see a significant correction before tech earnings.
Here's the indexes and where we stand
Most indexes are at the top of that trendline resistance from 2010.
Here's TVC:DJI dow jones
Weekly
Daily
Rising wedge near the top here at 46,700
I don't think this breaks over 46,700 but it's only bearish back below 45,000!
AMEX:IWM
Weekly top near 247-250. Tagged it early last week
Daily
Still inside its summer uptrend.
235 support and 247 resistance.. I don't think this breaks back over 245 this week. I think channel support will get tag
. Below 233 and 225 comes
NASDAQ:QQQ
Market runs on tech
Weekly
Top of trend similar to Iwm
Daily
Price action up here at Weekly trend looks eerily similar to last year
AMEX:SPY
Weekly is a mirror to Iwm and Qqq
Daily
Wedged here at the top
I don't think Spy will Crack above 670 here...
May tag 666 again but it will all depend on Qqq.
Example, if Qqq pushes above 598 then it's most likely going back to 602 and with that move Spy will likely tag 666 again.
But if Qqq can't Crack back above 598 then flush we will for the next week or 2.
End of month and quarter rebalancing will give some selling but the bigger pullback will come with either government shutdown or monthly jobs report due out friday.
As you can see we are at long term resistance here on the indexes , the long is wrong here with out a 5-7% pullback.
Looking for a move to 630-640 in the next 2 weeks
SPY Daily OutlookThe index continues to trade inside a well-defined rising channel. After setting a new ATH at point B, price retraced into a double bottom at C near the 654 support zone — aligning with the 0.328 retracement/last week's low. The rebound from that level keeps the bullish structure intact.
⚡ Key Levels to Watch:
Support: 654 (double bottom / fib confluence)
Resistance: 667–670 (prior high & channel midline)
Upside target: 685-690 (channel top / point D projection)
As long as 654 holds, the path of least resistance favors a move toward 690. A decisive break below 654, however, would signal weakness and open the door to deeper downside.
SPY : Stay heavy on positionsSPY : Stay heavy on positions (2x leverage)
Entering a risk-on, high-volatility zone.
A signal for catching a bounce has emerged.
In stay light on positions zones, I hold SPY(+QQQ) and reduce exposure.
In stay heavy on positions zones, I increase allocation using a mix of SSO(+QLD) and TQQQ.
** This analysis is based solely on the quantification of crowd psychology.
It does not incorporate price action, trading volume, or macroeconomic indicators.
SPY Technical Analysis – Sep 26 Morning SetupSPY is opening the session with early upward pressure but still sitting in a bigger, mixed range. Here’s a structured read based on the two 15-minute charts you shared.
1. Price Action & Market Structure
* Trend bias: Pre-market push lifted price from ~657 to 662.3, breaking the overnight range and creating a small bullish structure break (CHoCH).
* Immediate reaction: After tagging ~662.3 the candle pulled back toward 659–660, so the move is being tested rather than cleanly extending.
* Key intraday pivot: 659.5–660 zone now acts as first key support. Holding here keeps the morning bullish idea alive; losing it invites a retest of the lower demand pocket at 656.5–657.
2. Supply & Demand / Order Flow
* Demand: 657–656.5 (HVL base and yesterday’s lower support).
* Supply: 661–662.3 (today’s pre-market high and first call resistance). Above that, next notable supply is near 664–665 where bigger call walls cluster.
3. Indicator Check
* 9 EMA / 21 EMA: Price is still above both, showing near-term momentum, but the recent red candle is testing the 9 EMA.
* MACD: Positive histogram and lines still crossed bullish, supporting continuation if support holds.
* Stochastic: Entering overbought territory; a short-term pause or retest is normal.
4. Options & GEX Context
* Call Walls / GEX:
* 1st call resistance: 661 (56% concentration)
* 2nd: 664 (36%)
* 3rd: 665 (49%)
* Put Walls / Support:
* 1st put wall: 656.5 (highest negative NET GEX)
* 2nd: 654 (stronger downside magnet if 656.5 breaks)
* Put/Call ratio: Puts ~62% vs Calls ~38%, still tilted bearish on a larger frame.
Interpretation: Near-term intraday gamma pressure favors a chop between ~657 and ~662 until one side gives way. A decisive 15-minute close over 662.3 could squeeze to 664-665.
5. Trading Scenarios
Bullish Path
* Entry idea: Bounce from 659.5–660 with volume reclaim.
* Targets: 662.3 then 664–665.
* Stop: Below 657.
Bearish Path
* Entry idea: Clean 15-min close under 659 with selling volume.
* Targets: 656.5 first, then 654.
* Stop: Above 661.
Scalpers can watch 1-minute retests at these pivots for confirmation.
6. Quick Take
SPY is trying to build a morning reversal off the 657 base, but gamma positioning and overnight resistance at 662.3 keep the upside capped until proven otherwise. Early risk-reward favors patience: wait for either a strong 15-minute close above 662.3 for a push toward 664-665, or a failure below 659 to ride a fade toward 656.5/654.






















