SPY me thinks we go up 675 then we dropSPDR S&P 500 ETF Trust forum
SPY me thinks we go up 675 then we drop
SPY Happy Friday guys! I see a lot of people sharing their strategies so I'm feeling compelled to share mine here. Just so I don't sound hypocritical I'm not day trading, but since I've been participating for awhile I have noticed the pattern. I guess you can say its my edge? Here it is, 9:30am UTC-4 the market opens, there is a 20% chance that the open will be the high/low of the day. By 11:00am UTC-4, there is an 80% chance that at that time, the market has printed the high/low of the day. Prove me wrong, if you can. Have a great weekend!
SPY The last prolonged shutdown coincided with a market bottom, however this time the setup on yields and S&P futures looks more similar to the COVID crash. tradingview.com/x/1OrIVr9u/
SPY here is what I know n how Im gonna trade it. 1. there is 2.5%, 5% 10% and 15% sell offs. there is also deep dives recession like at 30%+
2. we currently are headed for a 10% sell off that will start around oct 14 with spy around 682-688 (I know this because hamster, crystal ball and the happy ending masseuse told me so)
3. it will be sharp with the bottom being set around nov 7th then a run into Christmas
4. market will top next year before may around 720-730 two full cycles in mathematics and monthly grade resistance is up there should be followed by a prolonged and 15%+ drop (id exit all longs at that number)
5. go long. buy za drops n dips until we at 720.
cpi likley to be the cause of the oct crash esp since powell kept saying “inflation is going up” over n over again.
SPY Too much silence in here Some daytrading bears got a win, and the bear swingers got happy. SMH. All good. Carry on the pretending like Mispell who claimed she made 16x on her PUTs today. Ya'll getting deceived by the bears. The charts show all bears died.as soon as i wrote this i heard voice shouting out 'but, but, i got 3mths expiry'.
Ok guys. I'll just have to believe the mon,tues,wed,thur bears won. The only doubtful one is todays bears. But i have doubt on the ones who bought straight after open. I think theta got them.
But still record breaker Mispell left you in the dust making 16x on her PUTs.
SPY going to hedge/straddle over the weekend and see where we land next week.
SPY looks like a bloody upcoming week. 4 hour pullback looks like a must. that 4 hour hanging man candle looks like that's the confirmation
SPY Flat for the weekend. Looks like down to 667.60 but whatever it is on Monday, I'll work with it then. Mr. Market is not happy with the children in congress.SPY nice day caught 3 trade lose one. it was a good week
Selling
MOC
SP 500: -1323.6 MLN
Naz 100: -455.4 MLN
Dow 30: -365.8 MLN
Mag 7: -425.7 MLN
MOC
SP 500: -1323.6 MLN
Naz 100: -455.4 MLN
Dow 30: -365.8 MLN
Mag 7: -425.7 MLN