Correction wave for SPYAssuming 5 impulse waves ended at 600 for SPY, and considering Friday’s low as the end of wave A, we’re going to retrace back to the range of 592-596 for wave B and then begin wave C. This analysis will be invalid if spy makes a new ATH on daily close.by somberKing346141111
SPY -Forming Cup and handle pattern on daily SPY -Forming Cup and handle pattern on daily Need to close abv 563. Today we had very good rally from 539.96 to 555. we keep in watchlist. Pattern valid only abv 563 close.Longby Vem_TA_Charts1115
A sign of the times. I think a 4 year Mark Up Just Started. Yeah so basically we could be at the beginning of a massive 4 year bull market. Imagine if all major big names doubled or tripled. and Imagine if a couple even 5x'd. Not financial Advice but I'm sticking to my call swings. I love bottoms. Imo Gold will be bullish too, been on that since 1800s. Let's get this bread. lolLongby sully357220
SPY Expectations Ellipses mark ranges within which price levels should meet. Monday drop and then a popby InvestorProphet8
SPY Expectations as of 4/25/2024Green ellipses = range where crest should form. Red ellipses = range where trough should form. Based on Mercury Retrograde Trade Strategy as part of EsoMeta Analysis.Longby InvestorProphet7
SPY Expectation as of 4/25/2024 Green ellipses = crests, red ellipses = troughs. Price ranges Based on Mercury Retrograde Trade Strategy as part of EsoMeta Analysis.Longby InvestorProphet3
SPY ExpectationsRed ellipses indicate ranges where troughs are likey to form, green ellipses indicate ranges where peaks are likely to form.Longby InvestorProphet1
SPY ExpectationsGreen ellipses are ranges where we are likely to see a peak, red ellipses are ranges where we are likely to see a troughby InvestorProphet0
SPY WEEKLY 5TH FEB 2024This is my analysis for SPY for this week. Make sure to DM me for any questions or doubts. NOTE:DO NOT SHORT THE MARKET07:57by THECHAARTIST1
Going To SHORTMany thinks market is bullish but I think this ticker may take reverse and hit at least two of marked line .. let’s see .. It will take 5-6 months Shortby BhubaneswarTrader0
Breakdown in US ETF's!! Caution Long !!🔴All four major index ETF's in US markets has broken down. 🔴ETF's trading below their 20 DEMA. RDX momentum score<5 🔴Higher volume on sell days & lower volumes when they rise 🔴Daily RSI about to break 40 mark and go lower and lower 🔴SuperTrend also indicating trend change & gave sell signal 🔴Indian markets may follow the suite and have broken 20000 🔴Exercise caution longs. #Nifty can test 19300/19000/18600by TradersVenueUpdated 2
If falls continuesAnalysis says , below marked lines are demand zone for this up wave , it may take correction too long but slowly it will hit mentioned line at any day or month Shortby BhubaneswarTraderUpdated 10
$SPY May 12, 2023AMEX:SPY May 12, 2023 15 Minutes Not much change from yesterday. Range becoming tighter. 412.5 is crucial to cross. Then we can aim for 413.7-414 range. 200 averages at 410 should offer good support. If no big gaps i will try for 414 target trade on upside. On reversal 410 has to break to take a call. Longby RiderTrader3
Next low target for $SPY is 376.5Looking at SPY's Friday's Daily candle, it is no brainer that SPY has further downside. The next strong support is around 376.5. It doesn't seem likely that this support would be breached. SPY should this week touch this level or reverse very close to it like some where between 378 and 376.Shortby abhi1invest3
Inside candle for SPY >> 397 target for week of 13th Feb 2023On weekly time frame, SPY has formed an Inside Candle. This pattern indicates there would be a downside breakout in the week of 13th Feb or the subsequent week. If that happens, the first target would be 397. If in the subsequent week of the breakout, the price opens around 395 or in simple words the trend continues then 382 would be second target with is a strong support.Shortby abhi1investUpdated 6
Two captains of the same shipPrevious part of the post: My Three Comrades: the Chart, the Screener, and the Watchlist Now let's move on to the fundamental analysis. Remember in this post I gave the example that a joint stock company can be thought of as a hotel, and owning shares can be thought of as owning one or more rooms in that hotel. So, imagine now that our hotel has a terrible foundation with lots of holes in it. What would happen to such a hotel? Of course, it could collapse, dragging everything down with it. It would also affect the value of the stock, and in our case, the value of the rooms. Because no one will want to buy rooms in such a hotel, on the contrary, they will try to sell them at any price, and then the value of rooms (stocks) will go down. The purpose of fundamental analysis is to understand how financially stable and profitable the chosen company is. Sometimes they say that a company has a strong or weak foundation - a generalized conclusion based on analysis of its financial statements. So, our task will be to find stocks of companies with strong foundations. Let's go to "Chart+" and select "Indicators" in the upper toolbar. A menu will open for you, where on the left we will select "Financials". Here we can select data from company reports: Balance Sheet, Income Statement and Cash Flow. They are issued quarterly and annually. Accordingly, you can select any indicator from the statements, such as revenue, select the period - quarter or year, and add it to the chart. In this way, you can study the dynamics of this indicator over time. In addition to the reporting data, you can add so-called multipliers to the chart. They are placed in the same menu after the "Cash Flow" > subsection called "Statistics". What is a multiplier and how to analyze the statements, we will discuss in our separate posts on the fundamental analysis, and now let's move on to the technical analysis. Technical analysis is a search for recurring patterns on a price chart in order to predict its future behavior. Let's go back to the time when candlesticks were invented. These charts appealed to traders so much that they began to look for repeating combinations of candlesticks, which served as signals of future price movement. For example, there is a combination called "bearish engulfing" . When the market has a clear upward trend, and in one day, a massive bearish candle appears, the body of which closes the body and shadows of the previous candle - it can herald the reversal of the uptrend. Or, if the market for three days in a row is drawn three black candles with massive bodies - they are called "three crows" . Traders interpret this as a sign that the downtrend is continuing. Doesn't that sound like an omen to you? In fact, people have made up dozens of similar patterns and many more that, like weather forecasts, don't always come true. You must have sensed that I cover this topic rather cursorily? This is due to the fact that I do not use technical analysis at all. That is, I do not make predictions based on recurring situations from the past. I do, however, use one of the tools of technical analysis, which is the average value of the stock price over the year. Not to make predictions, but to have a guideline: when to buy and when to sell stocks of companies with strong fundamentals. I will surely elaborate on this in my next posts, but for now, wrapping up the topic of technical analysis, I want to give one analogy. Stock price movements can be compared to the sea: sometimes it is calm and sometimes it is subject to strong waves. An investor can be compared to the captain of a ship who has to decide whether to put to sea now or not (i.e. whether to buy stocks or not). A captain who looks at the official weather reports and gauges is like an investor who uses fundamental analysis. And a captain who is only guided by omens and his gut is like an investor making a decision based on technical analysis. You can be captain number two without me, but how to become captain number one is the subject of my blog.Educationby Be_Capy6
Will SPY fill the huge gap it left behind? There's a huge gap sitting underneath the current price action on SPY? Will it be filled? by Cashbusa1
S&P500 and 200 DMA in 2007-2009S&P 500 started falling from Oct 2007. It fell to about 57% with a Minimum on March 2009. On the way up, it crossed the 200 DMA. Once it crossed it generally did not fall much after that, with the 200 DMA behaving as a Supportby sivars2
Investing in SPY in Oct 7th 2022 after a 27 percent fallSPY has fallen by 27% since Dec 2021 to Oct 7th, 2022. Two similar percentages SPY has fallen are in: 1) May 2000 to Oct 2002 it fell by 47 percent. If you bought SPY in May 2000, You would have had to wait till Aug 2007 for break even. Then again in Sept 2007 it fell by 57%. So in most likelihood, you would have had to wait till Feb 2013 to get the money back. If you had purchased SPY after it had fallen a similar amount as this fall (27%), you would have bought SPY in Oct 2001. You would have got your money back in Oct 2004 and had a good bull run of 39% till Sept 2007. 2) Sept 2007 to March 2009 it fell by 57%. If you had invested in SPY in Sept 2007. You would have got your money back in March 2013. If you had purchased SPY after it had fallen a similar amount as this fall (27%), you would have bought SPY in Sept 2008. You would have got your money back in early 2011 and enjoyed a big bull run after that. by sivars3
PLANDEMIC STUDY ADUSTED TEXT BOXES FOR EVENT 201 and MARCH 311SPY Chart update to clarify the dates used in the time based fib extensions. -TTby Brian829332
SPY 4hour bull flag In this we can see a big bull move on tomorrow that is Friday 25 march. Market is in bull runner so it easy that we can go up from here Longby awsomeboy0452
S&P Sectors Relative Strength - Quarterly/Monthly/Daily viewUse the below indicator to setup quarterly/monthly/daily view of S&P sector relative strength. by ILuvMarkets119