Get started

ETF market

SPY pullback from $600MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Buying calls on SPXU Buying Puts on SPY Price at or approaching top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM spiked positive Price near 4.618 Fibonacci level Buying SPXU or SPY puts when SPY tags $600 Target is $587 or channel bottom NO STOP LOSS Will hold to year end or until target reached
AMEX:SPYShort
by chancethepug
2
UltraPro QQQ. Trump-a-rally gives no light for leveraged betsIt's gone 10 days or so, since Mr. Trump has secured a win over his Democrat-rival Kamala Harris in the 2024 U.S. presidential election, as it declared by the Associated Press. Since that, a lot of stocks soared in a meme-style mode, while Bitcoin clears $93,000 and Dogecoin soared amid Trump-fueled crypto rally. The main graph is for UltraPro QQQ NASDAQ:TQQQ and it indicates, that major 82-Dollars resistance for leveraged bets on Tech sector has not been broken yet. 👉 NASDAQ:QQQ is a traditional ETF that tracks the Nasdaq-100 Index, suitable for long-term investors seeking broad exposure to tech-focused stocks. 👉 NASDAQ:TQQQ is a leveraged ETF that aims to deliver triple (3x) the daily returns of the Nasdaq-100 Index, making it only suitable for short-term traders. Since US dollar interest rates are still near multi year highs and Powell says the Fed is in no hurry to cut interest rates.. all of that means Trump-a-rally gives no light for leveraged bets (yet). Potentially everything can be clear in January, 2025 only. GL y'all. Cheers, @Pandorra 😎
NASDAQ:TQQQ
by Pandorra
BEAR-TRAP : GAP Reversal May Lead To Larger EPP FlaggingPay attention to the dual Excess Phase Peak (EPP) patterns in the SPY this morning and how the current GAP Reversal pattern may resolve as a base/bottom in the markets in early trading. I believe the markets will shift from this early breakdown into a moderate upward (Flagging) trend. Learning to anticipate these types of shifts in the market can help you plan and prepare for future price trend rotations. Knowing the SPY is likely to attempt to base/bottom from a broader EPP pattern (moving into the sideways Flagging stage #2) suggests traders may attempt to prepare for a 0.75% to 1.25% upward price swing over the next 2 to 4+ days. This aggressive downward selling aligned perfectly with my SPY Cycle Patterns. Now, this low may be the Base/Bottom I'm expecting to shift into the FLAGGING phase of the larger EPP pattern (#2). Buckle up. This should be fun. Looks like a BEAR TRAP in the making. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYLong
by BradMatheny
$QQQ Analysis, Key Levels & Targets - I sold 500/499 bull puts Here in QQQ we opened right at the bottom of the trading range right on top of the 30 minute tuna moving average and downward momentum is still strong here. So we may not bounce up very quickly. We may settle somewhere near the 30 minute tundra moving average at the end of the day. We’re underneath the implied move, which is 504. If we do bounce, I think we won’t get too high above 504, but it would be nice to see, bounce back into the implied move to close the week. I just sold 500/499 bull put spreads (at .26) on the day . So let’s close above 500 today..
NASDAQ:QQQ
by SPYder_QQQueen_Trading
SPY/QQQ Plan Your Trade For 11-15: GAP-Reversal Counter-TrendToday's Pattern suggests the SPY will GAP downward at the open and attempt to identify a base/bottom throughout the day. I belive this move may represent a pause in the downward trend, shifting into a FLAGGING pattern as part of a broader Excess Phase Peak pattern. If I'm correct, we are going to move into a moderate BUYing opportunity for the SPY/QQQ lasting into Tuesday/Wednesday of next week. Gold and Silver appear to be setting up a base/bottom off a very deep Phase #5 (Ultimate Low) of a current Excess Phase Peak pattern. This means, if we continue to get confirmation, that Gold and Silver will attempt to move higher and attempt to move into the Phase #3 of the Excess Phase Peak pattern (a move into a consolidation phase). BTCUSD is current exhibiting a dual type of Excess Phase Peak pattern that suggests a broader breakdown is in the works. Possibly back down to 78-82k. This could be a very big contraction event for BTCUSD. Buckle up. Happy Friday. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
AMEX:SPYShort
by BradMatheny
1
Market (Sectors) Performance OutlookSince November 6th, we’ve witnessed a seismic shift in the market landscape, with crypto breaking through and outperforming the broader market. 📈 The sectors leading the charge against the S&P 500 are XLY, XLE, XLF, XLC, and XLK. Notably, the MAG 7 have also been outpacing the market since November 7th. 💪 Smart money seems to be flowing into crypto, contributing to the sell-off in the S&P 500. From a macroeconomic perspective, XLK and XLC have been market leaders for the past few months. However, it might be time to pivot towards the Energy sector, especially after a stellar earnings season where major E&P companies smashed their earnings estimates. ⚡️ Stay tuned and ready to capitalize on these dynamic market movements! 📊💼
NASDAQ:MAGS
by MESHANL
S&P 500 Market Update Part 2 + Trade Plan AMEX:SPY Greetings everyone, Let’s analyze the recent price action of the S&P 500. I SPY 🕵️with my eye a reversal . The index reached a key milestone, breaking above $600 USD shortly after the US election. However, this achievement was short-lived. After briefly crossing the $600 level, it was quickly rejected, falling back below—a classic case of what traders often call a fakeout or a “look above and fail.” Momentum Shift: A Rollercoaster Analogy Imagine a rollercoaster that has climbed to its peak with tremendous force (the catalyst). The potential energy built up from the climb is unleashed as it starts descending rapidly. Similarly, after a period of intense buying pressure, the market often runs out of steam, stalling and reversing direction—just like our rollercoaster hurtling back downward after reaching its height. What Happened Next? Following the breakout, extreme selling pressure set in, driving prices down sharply. During market hours, the price bounced between highs and lows, showing signs of uncertainty and volatility. Renewed Interest and Its Consequences As the price dipped, confident buyers stepped in, creating a back-and-forth movement akin to a seesaw. This tug-of-war in price action is evident in the bear flag pattern which formed on the chart. While the bear flag doesn’t guarantee further downside, it often signals the potential for continued selling pressure based on historical patterns. What’s next for the S&P 500? I have my long term support target which I expect price may revisit in order to build enough momentum aka buying pressure. For its next major move - whether it’s up once more or continued lower Major Levels: 586 Major SR 591 Strong Resistance as of late 596.89 Zone to consider going long if price renters and holds. Trade Plan: I gave out the trade idea to short if priced Reversed at $600 in my previous market post. Give it a like 👍. If you were able to catch that trade through reading my previous or on your own accord please like or drop a comment on how you executed the trade. Trade Plan Assuming you were trading since 600, I would be de-risk by taking some profit. Setup: 1. Bearish engulfing at major resistance levels & short to the previous lower levels. 2. I would also be looking for a strong reversal at the levels noted to re-enter the short. 3. The end goal is 588.xx + a small margin of error. Thanks, - C Lemard
AMEX:SPYShort
by coilemard
1
Utilities vs. Uranium: Is the Nuclear Sector Gaining Momentum?Introduction: Utilities AMEX:XLU have demonstrated strong performance over the past year, often signaling a "risk-off" market environment where investors seek safety. However, the rise of artificial intelligence (AI) and its impact on market dynamics may be challenging this traditional narrative. Despite the evolving landscape, caution is warranted against assuming that "this time is different." A new factor to watch is the growing influence of the nuclear sector, particularly uranium stocks AMEX:URA . Analysis: Risk-Off Sentiment vs. New Trends: While utilities' strong performance typically signals a defensive market stance, the increasing focus on nuclear energy is drawing investor interest toward uranium stocks. The shift reflects a potential change in how market participants view traditional safe havens. URA-to-XLU Ratio: The upward trend in the URA-to-XLU ratio over recent years indicates a growing preference for uranium stocks over traditional utilities. Even after a significant selloff earlier this year, the ratio formed a higher low, signaling resilience and maintaining its long-term uptrend. Momentum Shift: The key focus now is whether this ratio can make a new high. If the URA-to-XLU ratio breaks above its previous peak, it would suggest strengthening momentum in the nuclear sector, indicating that this trend could have staying power and possibly reflect a shift in market preferences. Conclusion: As the market balances between traditional risk-off sectors like utilities and emerging trends in nuclear energy, the URA-to-XLU ratio serves as a critical indicator of shifting investor sentiment. A new high in this ratio would suggest that the nuclear sector's momentum is strengthening, with uranium stocks potentially leading the way. Do you believe this trend will continue? Share your insights below! Charts: (Include relevant charts showing the URA-to-XLU ratio, the higher low formation, and potential breakout targets) Tags: #Utilities #Uranium #NuclearEnergy #XLU #URA #MarketTrends #TechnicalAnalysis
AMEX:URA
by Richtv_official
1
Rising Inflation Expectations: TIP vs. IEFIntroduction: With the election concluded, market focus has shifted to bond markets, where recent developments hint at rising inflation expectations. Despite President Trump's campaign emphasis on price control, indicators suggest a shift toward higher inflation. A key metric to monitor is the ratio between Treasury Inflation-Protected Securities AMEX:TIP and 7-10 Year Treasuries $IEF. When (TIP) outperforms NASDAQ:IEF , it signals increasing inflation expectations; conversely, when IEF outperforms, it suggests a decline in inflation expectations. Analysis: Inflation Expectations: The TIP-to-IEF ratio is a reliable gauge of the market's inflation outlook. A rising ratio indicates growing inflation concerns, as investors favor TIPs for their inflation protection over traditional Treasuries. Technical Pattern: Currently, the TIP-to-IEF ratio is breaking out of a descending triangle formation, a continuation pattern that signals the potential for higher inflation expectations. This breakout aligns with a recent surge in interest rates, reflecting heightened inflation concerns in the bond market. Market Implications: This breakout could be the early stage of a sustained trend toward higher inflation, raising questions about whether the recent interest rate surge is a temporary fluctuation or the beginning of a longer-term shift. Conclusion: The bond market is sending signals of rising inflation expectations, as indicated by the breakout in the TIP-to-IEF ratio. This could mark the start of a new phase in the inflation cycle, with potential implications for interest rates and broader market sentiment. Traders should closely monitor this ratio to assess the longevity of the current trend. Do you think inflation expectations are set to rise further? Share your thoughts below! Charts: (Include relevant charts showing the TIP-to-IEF ratio, the descending triangle formation, and breakout targets) Tags: #Inflation #Bonds #Treasuries #TIP #IEF #InterestRates #TechnicalAnalysis
AMEX:TIP
by Richtv_official
SPY in Downtrend: Key Levels and Trade Setups for Nov. 15, 2024Trading Plan and Technical Analysis for SPY Overview SPY has shown a sharp downward trend recently, with price action reflecting bearish momentum. In this setup, I’ll cover important support and resistance levels, supply and demand zones, and potential entry/exit points for both scalping and swing trades. Key Levels Support Zones: $591: This is the immediate support level. A break below this could signal further downside momentum. $585: If SPY fails to hold above $591, this level becomes the next target and is a key zone where buyers may step in. Resistance Zones: $594.34 - $594.96: This area served as previous support and may now act as resistance. A strong push above this range could indicate a potential reversal. $599.16: If SPY can break through $594 with volume, the next significant resistance is around $599. Price Action & Supply/Demand Zones Demand Zone: Between $585 and $591, where SPY may find buying interest if the downward pressure subsides. Supply Zone: The region around $594.34 - $594.96. If price approaches this zone, watch for potential selling or resistance unless there’s a strong breakout. Order Blocks & Market Structure Bearish Order Block: Around $594.34 - $594.96, where sellers previously gained control. This area is a critical level for bears to defend if the downtrend is to continue. Potential Bullish Reversal: If SPY can reclaim and hold above $594.96, it could signal a shift toward bullish sentiment, at least for a short-term bounce. Entry & Exit Suggestions Scalping Entry: For short scalps, look to enter around $591 on breakdowns or quick bounces, targeting $588 with a tight stop above $592. Swing Trade Entry: Consider entering near $585 if SPY reaches this level and shows signs of support, with a potential target around $594.34. Use a stop-loss below $584 to manage risk. Directional Outlook Bearish Scenario: If SPY fails to hold $591, look for further downside, with $585 as the next key target. Bullish Reversal Potential: For a bullish reversal, SPY needs to break above $594.96 with volume. This could lead to a short-term move toward $599.16. Thoughts and Suggestions With the current downtrend, scalpers should focus on quick plays around the support levels. Swing traders may find opportunity if SPY shows signs of strength at $585, but it’s crucial to be cautious until a clearer reversal signal emerges. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Always do your own research and consult with a financial advisor before making trading decisions.
AMEX:SPY
by BullBearInsights
2