Tag: SPY technical analysis

  • 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…

  • 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…

  • SPY bulls back in business for now

    Yesterday I made a humble prediction that SPY would continue bullish based on the potential 10-day MA crossing over the 50-day, along with the bullish candle from 5/8. Maybe it’s luck, or maybe it’s just trusting the TA, but today’s close on SPY has given me a reason to be excited that my original $530…