RiderTrader

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AMEX:SPY December 3, 2024 15 Minutes. No change in my view. Oscillator divergence. A pull back to 600 is what I am expecting by Thursday. No Longs at the moment.

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AMEX:SPY December 2, 2024 15 Minutes. AMEX:SPY is tired. 603 targets achieved. But no strength. The move from low 595.20 to 603.35 is not smooth. Soe the last rise fro, 587.43 to 603.35 $ SPY need to hold 598 levels being 38.2% retracement. For the last rise 597.28 to603.35 599 must hold. I expect AMEX:SPY to be 598.5 to 603 levels today and tomorrow so...

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AMEX:SPY November 27, 2024 15 Minutes. AMEX:SPY made high 601.33. Oscillator divergence. So expecting a rtetracement. For the rise 595.2 to 601.33 598 is a good number to add longs. It is also 38.2% retracement SL at the moment in 15 minutes is 597

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AMEX:SPY November 26, 2025 Gap up was not sustained. HL is still maintained. For the rise 587.42 to 600.86 need to hold 594-596 levels for uptrend to continue in 15 minutes. That retracement will also be 100 averages in 15 minutes. Assuming 587.43 to 600.86 as wave 3, being a long one I expect wave to be small move from 601-603 levels. Provided 594 is...

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AMEX:SPY November 25, 2024 15 Minutes On Friday as expected 596 was done. A box is formed. tight sideways move. So, on Monday for the rise 584.64 to 596.15 holding 591 levels uptrend will continue in 15 minutes time frame. Noe for the 611.07 to 583.8 AMEX:SPY has retraced more than 61.%. So, for the moment any retracement I expect 584 to hold on...

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AMEX:SPY November 22, 2024 15 Minutes. The gap up at open was managed will and 584 is still holding up good. Now for the last rise 587.43 to 595.12 AMEX:SPY need to hold 590 today to continue uptrend in 15 minutes. I will sell only when AMEX:SPY goes below 589 for 584-585 SL 590.5 for today. The gap up made on 6th November is holding good and AMEX:SPY ...

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AMEX:SPY November 21, 2024 15 Minutes. AMEX:SPY had a retracement. managed to hold the recent low at 583.86. Now we have HL pattern. 584 becomes important now. So if today we are able to hold 584 short term uptrend intact. SPy has fir target 592 levels being 200 averages in 15 minutes as resistance. At the AMEX:SPY is above all moving averages except 200.

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AMEX:SPY November 20, 2024 15 Minutes. AMEX:SPY had a gap down. But did not break the recent low of 583.86 which I have taken as the starting point for current move. It took support at 200 averages in 60 minutes and started to move up. Noe for the move 583.86 to 589.49 to the fall 584.02 the first target is 592-593 levels as in box. In 15 minutes, we have...

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AMEX:SPY November 19, 2024 15 Minutes for the rise 574 to 600 it retraced back 61.8% to 584 levels. For the fall 595 to 583 it retrace 61.8% levels to 589.5 yesterday. The range give earlier buy above 583 for 589 590 is done. For the last rise 583.86 to 589.48 AMEX:SPY retraced 50% to 587 levels. So, holding 586 we will have a target 589-592 levels...

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AMEX:SPY November 16, 2024 For a change target came without much of drama. Could not short the previous day. So had no trade. For the week: 5 Minutes: We had multiple LL and managed to close HL HH pattern. Oscillator divergence can be seen. 9,21, 50 averages converged. So, expecting a bounce to 589 - 592 levels being 100 and 200 averages. 200 averages in 5...

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AMEX:SPY November 15, 2024 15 Minutes. Box broke yester at close. I did not take the short. Expecting 586-587 initially. For the fall 599.23 to 592.65 if I get a retracement 596 levels I will short. I don't think its happening.

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AMEX:SPY November 14, 2024 15 Minutes. We are in an interesting setup. Foe the fall 600.17 to 594.37 AMEX:SPY retraced 599 levels. That is 78% retracement of the fall. Also, we have a 599 top earlier on 12th November too. And for the rise 594.99 to 599.23 AMEX:SPY has retraced 61.8% to 596 levels. Both denotes a limit of double top or double bottom...

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AMEX:SPY November 13, 2024 15 Minutes. Nothing much to do. Waiting for retracement to 592 levels. LH LL at place. Flat price movement on top. Converging moving averages. 200 averages around 589 levels. So, I will wait. For the retracement to happen. I will be tempted to sell 595 for 592 intraday. Provided no gap down at open. I usually do not go long...

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AMEX:SPY November 9, 2024 60 Minutes. Run-away gap in action. Hence very strong uptrend. Got weakened on Friday. As we can see we had 2 lows. 568.44 and 567.89. Oscillator divergence. Hence if we draw extension now, we have first target 607 levels. The consolidation I need is not happening. Moving averages setting up nicely. In order. 9,21,50,100 and200 in...

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NASDAQ:IBIT November 7, 2024 Weekly. First time we have a close above all highs and near top of bar too. We have to wait and see Friday Close. For the last rise 33.47 to 43.63 holding 38.5 to 39 is important. I entered around 40 levels. Holding for a target 48 initially. After consolidation in that level i expect a good move.

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AMEX:SPY November 7, 2024. 60 Minutes. For the rise 567.89 to 591.93 holding 580 levels is crucial for uptrend to continue. 580 is the top of gap for the fall as marked in red box. Hence if i take the rise from 574.69 to 591.93 581 levels is important in smaller time frame. I need AMEX:SPY to close above 593 for a target 640+ My views are same from...

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AMEX:SPY November 5, 2024 15 Minutes. For the extension from 539 to 575 to 565 AMEX:SPY made 61.8% of the move at 586 levels. For the fall 583.32 to 568.44 it retraced 50% to 575.5 levels. Now we have a sideways in box range between 575 to 567. Bias id down as AMEX:SPY below all moving averages. The positive side we have is for the lows 568.44 and 567.86...

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AMEX:SPY November 1, 2024 15 Minutes. Gap down did not allow to initiate any short which were closed earlier around 579 levels. 575 supports did not hold and AMEX:SPY continued to make lows. For the large rise 539.95 to 586.12 4SPY retraced to 38.2 % levels and also 50-day average in daily. If this is not supported, we can expect 558-=562 levels which is...