SPDR S&P 500 ETF TRUSTמעודכן SPY Daily Commentary | S/R
Looking for support and resistance lines?
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Happy Wednesday!
Gap and go is the name of the game right now. It's the nortorious hump day and we get to see if today is a big hump or little hump for the bulls. Bulls are fighting to close higher everyday. Bears coming throughout the day and trying to break the trend. Since July 29th there has only been 3 red candle days. That's 3/20 or 85% liklihood of having a green day. Not bearish to say the least.
On that note. Bulls are looking for a target number. 345 or 350 are very attractive and we could anticipate something on these prices.
Graveyard Shift / Morning Crew
Graveyard Shift: Continued the drive back up to pre market high and closed eve so slightly below. Bullish.
Morning Crew: Gapping up higher as this time. Also bullish.
Futures Crew (/ES)
Bounced off the breakout of 3425. Held as support and back to the high of the breakout around 3450. Pushing up on this is bullish and looking to build energy for another breakout.
Resistance levels
(Pre-Market) 344.99
(See Shared Chart)
Support levels
(Pre-Market) 342.05
(See Shared Chart)
Gaps
341.06 - 339.71
331.18-330.06
327.73-326.63
Extras
Shared Chart
tradingview.com/chart/oOetWWMH/
*This chart will be shared and updated all day. Come to this idea to get commentary all day for intraday playing. If you would like to know my thoughts for this week, see the chart below*
Weekly Projection
See below.
If this helps you, like the chart and feel free to follow me. I freely offer intraday SPY commentary. Thanks for taking the time to read. All of this information is my interpretation and shouldn't be taken as trading advice. Good luck out there traders!
Like the idea and follow me for intraday SPY commentary!
Happy Wednesday!
Gap and go is the name of the game right now. It's the nortorious hump day and we get to see if today is a big hump or little hump for the bulls. Bulls are fighting to close higher everyday. Bears coming throughout the day and trying to break the trend. Since July 29th there has only been 3 red candle days. That's 3/20 or 85% liklihood of having a green day. Not bearish to say the least.
On that note. Bulls are looking for a target number. 345 or 350 are very attractive and we could anticipate something on these prices.
Graveyard Shift / Morning Crew
Graveyard Shift: Continued the drive back up to pre market high and closed eve so slightly below. Bullish.
Morning Crew: Gapping up higher as this time. Also bullish.
Futures Crew (/ES)
Bounced off the breakout of 3425. Held as support and back to the high of the breakout around 3450. Pushing up on this is bullish and looking to build energy for another breakout.
Resistance levels
(Pre-Market) 344.99
(See Shared Chart)
Support levels
(Pre-Market) 342.05
(See Shared Chart)
Gaps
341.06 - 339.71
331.18-330.06
327.73-326.63
Extras
Shared Chart
tradingview.com/chart/oOetWWMH/
*This chart will be shared and updated all day. Come to this idea to get commentary all day for intraday playing. If you would like to know my thoughts for this week, see the chart below*
Weekly Projection
See below.
If this helps you, like the chart and feel free to follow me. I freely offer intraday SPY commentary. Thanks for taking the time to read. All of this information is my interpretation and shouldn't be taken as trading advice. Good luck out there traders!
הערה
Premarket numbers are the first target. Lets see who gets to whose first.
הערה
344.21 is the gap from yesterday.would be normal to find a bounce in this area.
הערה
theres the bounceif the bulls dont break above 344.75, should see one more test down there
הערה
the test came up short. bulls stopping out the bears almost $0.20 up.הערה
got a dashed channel in the shared chart. seems to holding up well.
bulls taking their time up to 345 right now.
הערה
got the push above 345. bears are gonna want to come back at test this number soon.
הערה
345.1 is now a S/R price. had it marked earlier. just got confirmation with this touch down.
הערה
higher is the way so far. Breaking out of the uptrend line. keeping in mind the 2 O'clock drop crew may show up.
הערה
good amount if time spent at 347. so far, there was a breakout at 345.5ish and never a touch back down there.
not really normal in behavior. volume is higher than normal all day with spurts here and there. Tomorrow the fed speaks and supposedly has some important news. Market is preparing for tomorrow at the moment.
הערה
drop crew came to play. hittiing 346.4. which was a the first low after the breakout high.
doing a test of 347 to see if the bulls have it now.
פרסומים קשורים
כתב ויתור
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פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.