Tag: SPY
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Hindsight trading SPY: how one could have spotted the 5/31 EOD run
When it comes to trading SPY, anything can happen. So in the last 60 minutes of a short week when there’s an unusually big move, don’t call it a comeback! This is just business as usual, so it’s important to not let your bias get in the way of missing these gains. Instead of trying…
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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…
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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…