Bias: Neutral-to-Bullish (for breakout)
Setup:
SPY is consolidating between $520–534. A clean break above this zone could signal continuation toward the pivot level at 562.75.
Entry Options:
Aggressive Long:
Buy near current levels (~526), stop-loss below $520, target $534 short-term and $550–562 swing target.
Conservative Long (Breakout):
Buy above $534, on confirmed breakout with volume. Stop-loss just below $528. Target: $548–562.
Bearish Scenario (if breakdown):
If price falls below $520 with strong red volume, potential retest of $511 support and further down toward $500 or $480 (S2).
Short entry below $520, stop-loss at $526, target $511 then $500.
Volume Insight:
Strong green bar at bounce near $480 indicates buyer interest.
Current candles show indecision; breakout or breakdown will likely be volume-driven.
disclaimer: The trade idea presented is for educational and informational purposes only and should not be considered financial advice.
Setup:
SPY is consolidating between $520–534. A clean break above this zone could signal continuation toward the pivot level at 562.75.
Entry Options:
Aggressive Long:
Buy near current levels (~526), stop-loss below $520, target $534 short-term and $550–562 swing target.
Conservative Long (Breakout):
Buy above $534, on confirmed breakout with volume. Stop-loss just below $528. Target: $548–562.
Bearish Scenario (if breakdown):
If price falls below $520 with strong red volume, potential retest of $511 support and further down toward $500 or $480 (S2).
Short entry below $520, stop-loss at $526, target $511 then $500.
Volume Insight:
Strong green bar at bounce near $480 indicates buyer interest.
Current candles show indecision; breakout or breakdown will likely be volume-driven.
disclaimer: The trade idea presented is for educational and informational purposes only and should not be considered financial advice.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.