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AMEX:SPY March 26, 2024 60 Minutes. In daily and in 60 minutes we had the 524.11 bar as a sell bar because the close was near the low of the bar. Hence buy is only above 524.5 levels. In daily the 9 moving averages and in 60 minutes the 50 moving averages are around 517.5 levels. I expect 517 to 518 as a strong support around 516-517 levels. In 15 minutes ...

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AMEX:SPY March 24, 2024 15 Minutes. As expected 523 was done. Consider the rise from 511.13 to 524.01 and the rise from 515.08 to 524.01. AMEX:SPY has retraced 23.6% of the latter. Holding 515-517 levels uptrend to continue. Monday and Tuesday I expect a consolidation in the levels 517.5-524 levels so the moving averages can catch up.

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NASDAQ:IBIT March 21, 2024 15 Minutes. For the rise from 28 to 41.99 levels NASDAQ:IBIT retraced 50%. The LL at 35.41 made on Wednesday had oscillator divergence. We have 39.4 levels as 200 averages. That should provide resistance for the current move. That level is also 61.8 % retracement for the fall from 41.99 to 35.41. For the day the rise from 35.41...

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AMEX:SPY March 21, 2024 15 Minutes. Wednesday. Once more made money. Onc 518.5 was taken out AMEX:SPY made ATH. Consider the rise from 515.08 to 520.62. Holding 517 uptrend will continue. Also if we take two other rises from 514.36 to 520.62 and from 511.1 to 520.62 We find 515-516 very important levels to hold to continue the uptrend. For the move 508.36...

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AMEX:SPY March 20, 2024 15 Minutes. AMEX:SPY opened gap down. So closed shorts around 511.5 levels. Consider the last rise from 511.13 to 515.99. Holding today, 514 levels I expect AMEX:SPY to make one more attempt towards 518-518 levels. AMEX:SPY has closed above all moving averages. The black bar on stochastic is on top, During retracement from 515.47...

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AMEX:SPY March 19, 2024 15 Minutes The gaps always create issues in our setups. AMEX:SPY opened with a gap and consolidated all moving averages except 50 moving averages in 15-minute time frame. For the rise from 509.22 to 514.47 olding 510.5-511.5 levels AMEX:SPY will be bullish. It is crucial for AMEX:SPY to hold the top of the channel on a...

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NASDAQ:IBIT March 18, 2024 60 Minutes Looks like HL, HH pattern is broken. Also NASDAQ:IBIT too far from moving averages. At the moment below 9,21 and 50 averages in 60 minute time frame. I will consider 3 moves. The rise from 28.91 to 41.99. The rise from 34.03 to 41.99 The fall from 41.99 to 37.45 for the first rise NASDAQ:IBIT has retraced 23.6...

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AMEX:SPY March 18, 2024 Daily For the last rise from 493.56 to 518.22 AMEX:SPY has retraced 38.2% levels and is now at 21 day support. 61.8% of the move is 503 levels. So it is crucial that AMEX:SPY holds that level for any uptrend now to continue. Buy on daily is only above 518.5 levels. For the day in 15 minutes chart consider the last fall 514.94 to...

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LSE:IBT March 15, 2024. 15 Minutes. NASDAQ:IBIT retraced back to 200 averages in 15 minutes time frame. For the rise from 34.03 to 41.99 NASDAQ:IBIT has retraced to 38.2 levels. And for the rise from 37.77 to 41.99 it had retraced more than 61.8%. So holding 39 resistance can be expected around 41-42 levels. On the downtrend i expect 37 as a target...

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AMEX:SPY March 15, 2024 Minutes. The open bar gave a clue. Gap up. Close near the low of the bar. So sell. With SL as high of bar + few cents. The reason is my target was approximately 518-519 levels. gain NYSE:S to Y retraced to 61.8% of the retracement for the rise from 508.5 to 517.28. we have many long bars in the fall 517.28 to 511.83. I prefer to...

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AMEX:SPY March 14, 2024 15 Minutes. As expected AMEX:SPY retraced to 515 levels. Considering the rise from 504.91 to 518.22 AMEX:SPY retraced to 508.5 which is more than 61.8% of retracement. Hence AMEX:SPY is struggling to move up. If we consider the fall 518.22 to 508.5 SPY needs to be more than 514.5 levels which is 61.8% retracement for the fall....

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NASDAQ:IBIT March 13, 2024 15 Minutes The gap was filled yesterday. If we consider the rise from 37.77 to 41.8 then NASDAQ:IBIT retraced 61.8% of the move. And for the fall 41.8 to 39.21, it has again retraced 61.8 of the fall. For the day considering the last rise from 39.21 to 40.94 NASDAQ:IBIT has to hold 39.9 levels for 40-41 as a target. More...

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AMEX:SPY March 13, 2024 15 Minutes AMEX:SPY managed to hold 510 levels and the expected 514 levels and above were done for the day. For the day of the last rise, 513.55 t 517.38 is to be considered. Holding 515 levels we can expect 518 levels. The buy-in day will trigger only above 518.22 levels. AMEX:SPY above all moving averages. The Elliott oscillator...

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NASDAQ:IBIT March 12, 2024 Closed longs at 41.5 levels. it was approximately 1.618 extension for the move from 37.77 to 39.37 to 39.02. So far NASDAQ:IBIT consolidates or retraces to 50 averages. So for the rise from 39.02 to 41.62, I expect a retrace today to 40.6 levels. I have a next target as 43 levels if this retracement low is held. Also if 39.5 is...

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AMEX:SPY March 12, 2024. 15 Minutes AMEX:SPY opened with a gap down but managed to hold 508 levels. It was mostly sideways between 509 to 511 levels the whole day, around 200 averages in 15 minutes. Consider the fall of 514.46 to 508.5. Strength is only above 512.5. For the day need to hold 509.5 levels for a possible move toward the 512-514 area. If ...

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NASDAQ:IBIT March 11, 2024 As of now, the uptrend is intact. Broke the box. On retest took support at the bottom of the rectangle and now above box. The sideways movement has given enough time for moving averages to catch up. For the rise of 34.03 to 40.2 NASDAQ:IBIT retraced to 37.77 which is approximately 38.2% retracement. And for the fall 40.2 to 37.77 ...

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AMEX:SPY March 11, 2024 15 Minutes. AMEX:SPY opened well on Friday. The first bar a close near the top of the bar. Broke the channel. On retest of channel top, it went below channel. Closed my position at 515.5 levels. Nearly at cost. Now we will take 2 numbers in 15 minutes. The rise 504.91 to 518.22 and thefall 518.22 to 511.14. For the rise, it is...

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AMEX:SPY March 8, 2024. 15 Minutes. AMEX:SPY opened with a gap. I closed around 514.2 levels. AMEX:SPY ended the day with support multiple times on the top rectangle box drawn around 514 levels. Considering the rise of 508.52 to 515.89 holding 512 levels uptrend continues. Also due to the gap and holding 514 levels the oscillator also made a high along...