The stock market crash continues another day! The stock market crash continues, with the SPY plunging yet again. In today's video, I'm giving a key technical update on the S&P 500 ETF (SPY), breaking down critical support and resistance levels, indicators I'm using, and what swing traders should watch for next during this stock market
Big psychological level here at the August 2024 lows.
Crazy One-Day Sell-off for Stocks! The stock market just got rocked with SPY dropping almost 5%, and the Nasdaq plunging 5.4%. Is this the start of a bigger crash, or just a sharp correction? In this video, I break down the technical analysis behind today's sell-off, covering key support and resistance levels, and discuss what
Let’s talk stock market circuit breakers! Stock market circuit breakers are regulatory measures designed to temporarily halt trading on an exchange to curb panic-selling and provide a cooling-off period for investors. These mechanisms are triggered when significant declines occur in major stock indices, such as the S&P 500, within a single trading day. The primary
Two-Day Rally Attempt. SPY has bounced for two straight days, but traders are wondering if this rally is legit. In this video, I dive into the technical details of the S&P 500 chart, breaking down key resistance and support levels, and sharing my take on whether this bounce can stick or if it’s just another
The Monday Short Squeeze For a couple of months now, Monday’s on have represented bloodshed on Wall Street. But today, you have the bulls taking off, and squeezing the shorts in the process. For now, I consider this a dead cat bounce, but a dead cat bounce that could squeeze the shorts for days. While
SPY in the gap and then pulled back to the gap breakout level. Has to show it can hold this level.
SPY getting rejected again at the declining trend-line.
The stock market took a tumble, following a 2-day rally Is the stock market headed for a recession and bear market? In this video, I analyze the SPY ETF using technical analysis and provide insights to key price levels and how far this stock market could fall if the economy enters into a recession.
Stocks seeing a resurgence of selling. I'm getting a sense that the street is continuing to de-leverage themselves from the Mag7 stocks at the expense of retail. You see, retail has made a killing since 2009 buying the dip. Sure there was that nasty bear market in 2022, but even that was quickly wiped away