Tag: SPY technical analysis
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Bearish SPY until this one indicator…
“It doesn’t have to make sense” It is so hard not to get caught up in the drama of the markets; it seems every asshole (myself included, with my little stocks blog) has their opinion about what should happen, or what is going to happen. And while I wish we could see who exactly is…
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SPY at new all-time highs, market euphoria, and having a plan for the downside
I’m one of those people who tends to ignore most stock market commentary. In my time of trading and investing—which is only a short time in retrospect—I would much rather focus on the price action and have a plan in place than anxiously read random stranger’s opinions online, or even worse: base my entire trade…
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Using MA indicators can help predict an option call swing on SPY
A couple weeks ago for one of my first blogs on Stonks and Whatnot on 5/8 I wrote my prediction about where the S&P could be headed, seeing new ATH based on the daily chart 10-day MA crossing over the 50-day MA, amongst other bullish indicators that had me leaning toward the call side for…