Signs that point me to a bulli-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Signs that point me to a bullish SPY

1. Good support at 432 and 420 ==> 432 was a key resistance level past months and should not provide a good support; Similarly we took quite a while to break past 420 so the liquidity there will provide good support

2. MA5 yellow is basing past week and is coming close to MA20 for a potential cross over. ==> MA5 above MA20 is a bullish indicator

3. Lower bollinger band has also started to taper horizontally ==> indicating some form of basing or potential upcoming basing

4. MA20 green had been tested 2x so far and a better base had been formed past week around MA5

What to look out for?

- Support of 432 but keenly looking for re-testing of MA20 at the last breakout level of 444.

- Price action around MA5

Good luck, all!!!

@Deposit @macroB @LMSunshine @CaptainTiger @TigerStars @melson

$Invesco QQQ Trust(QQQ)$

Powell speech in Jackson Hole: will market rebound or plunge?

Major indices rebounded ahead of Jackson hole meeting. Some investors are looking forward to dovish news from Powell speech; while others warn of another plunge as Powell may stay hawkish in light of strong economy. --------------- Do you think the market will rebound? Or the pessimistic expectations will open another down trend?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

WillHenry
2023-08-27
WillHenry
does SPY has potential to achieve 448 in next round?
- Asphen:
  always possible
WinifredAnn
2023-08-27
WinifredAnn
could it back to latest break-out point?
- Asphen:
  always possible
Aqa
2023-08-27
Aqa
Thanks. Lcs dine, Go Top!👍🏻
- Asphen:
  thank you
SH888
2023-08-28
SH888
Good one
- Asphen:
  thank you
YueShan
2023-08-28
YueShan
Good ⭐⭐⭐
melson
2023-08-26
melson
bon courage
- melsonReplyAsphen:
  no, just wishing you luck
- Asphen:
  haha... so you are just saying "naive" 😀

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Some investors are looking forward to dovish news from Powell speech; while others warn of another plunge as Powell may stay hawkish in light of strong economy.\n---------------\nDo you think the market will rebound?\nOr the pessimistic expectations will open another down trend?","image":"https://community-static.tradeup.com/news/34778e0c367751bc7e1f290ac09025ae"}],"images":[{"img":"https://community-static.tradeup.com/news/ed4e294dbb1523d6b4d0d8242cc690f9","width":"1276","height":"1280"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/ed4e294dbb1523d6b4d0d8242cc690f9","width":"1276","height":"1280"}],"html":"<html><head></head><body><p>Signs that point me to a bullish SPY</p>\n<p><br></p>\n<p>1. Good support at 432 and 420 ==&gt; 432 was a key resistance level past months and should not provide a good support; Similarly we took quite a while to break past 420 so the liquidity there will provide good support&nbsp;</p>\n<p><br></p>\n<p>2. MA5 yellow is basing past week and is coming close to MA20 for a potential cross over. ==&gt; MA5 above MA20 is a bullish indicator&nbsp;</p>\n<p><br></p>\n<p>3. Lower bollinger band has also started to taper horizontally ==&gt; indicating some form of basing or potential upcoming basing&nbsp;</p>\n<p><br></p>\n<p>4. MA20 green had been tested 2x so far and a better base had been formed past week around MA5</p>\n<p><br></p>\n<p>What to look out for?&nbsp;</p>\n<p>- Support of 432 but keenly looking for re-testing of MA20 at the last breakout level of 444.&nbsp;</p>\n<p><br></p>\n<p>- Price action around MA5</p>\n<p><br></p>\n<p>Good luck, all!!!</p>\n<p><a href=\"https://ttm.financial/U/3577700186071729\">@Deposit &nbsp;</a><a href=\"https://ttm.financial/U/3560858852313727\">@macroB &nbsp;</a><a href=\"https://ttm.financial/U/4113904591642392\">@LMSunshine &nbsp;</a><a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger &nbsp;</a><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars &nbsp;</a><a href=\"https://ttm.financial/U/4123471905369072\">@melson &nbsp;</a></p>\n<p><a href=\"https://ttm.financial/S/SPY\">$SPY(SPY)$&nbsp;</a></p>\n<p><a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust(QQQ)$&nbsp;</a></p>\n<img src=\"https://community-static.tradeup.com/news/ed4e294dbb1523d6b4d0d8242cc690f9\" tg-width=\"1276\" tg-height=\"1280\"></body></html>","htmlText":"<html><head></head><body><p>Signs that point me to a bullish SPY</p>\n<p><br></p>\n<p>1. Good support at 432 and 420 ==&gt; 432 was a key resistance level past months and should not provide a good support; Similarly we took quite a while to break past 420 so the liquidity there will provide good support&nbsp;</p>\n<p><br></p>\n<p>2. MA5 yellow is basing past week and is coming close to MA20 for a potential cross over. ==&gt; MA5 above MA20 is a bullish indicator&nbsp;</p>\n<p><br></p>\n<p>3. Lower bollinger band has also started to taper horizontally ==&gt; indicating some form of basing or potential upcoming basing&nbsp;</p>\n<p><br></p>\n<p>4. MA20 green had been tested 2x so far and a better base had been formed past week around MA5</p>\n<p><br></p>\n<p>What to look out for?&nbsp;</p>\n<p>- Support of 432 but keenly looking for re-testing of MA20 at the last breakout level of 444.&nbsp;</p>\n<p><br></p>\n<p>- Price action around MA5</p>\n<p><br></p>\n<p>Good luck, all!!!</p>\n<p><a href=\"https://ttm.financial/U/3577700186071729\">@Deposit &nbsp;</a><a href=\"https://ttm.financial/U/3560858852313727\">@macroB &nbsp;</a><a href=\"https://ttm.financial/U/4113904591642392\">@LMSunshine &nbsp;</a><a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger &nbsp;</a><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars &nbsp;</a><a href=\"https://ttm.financial/U/4123471905369072\">@melson &nbsp;</a></p>\n<p><a href=\"https://ttm.financial/S/SPY\">$SPY(SPY)$&nbsp;</a></p>\n<p><a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust(QQQ)$&nbsp;</a></p>\n<img src=\"https://community-static.tradeup.com/news/ed4e294dbb1523d6b4d0d8242cc690f9\" tg-width=\"1276\" tg-height=\"1280\"></body></html>","text":"Signs that point me to a bullish SPY 1. Good support at 432 and 420 ==> 432 was a key resistance level past months and should not provide a good support; Similarly we took quite a while to break past 420 so the liquidity there will provide good support 2. MA5 yellow is basing past week and is coming close to MA20 for a potential cross over. ==> MA5 above MA20 is a bullish indicator 3. Lower bollinger band has also started to taper horizontally ==> indicating some form of basing or potential upcoming basing 4. MA20 green had been tested 2x so far and a better base had been formed past week around MA5 What to look out for? - Support of 432 but keenly looking for re-testing of MA20 at the last breakout level of 444. - Price action around MA5 Good luck, all!!! @Deposit @macroB @LMSunshine @CaptainTiger @TigerStars @melson $SPY(SPY)$ $Invesco QQQ 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SPY has potential to achieve 448 in next round?</p>","text":"<p>does SPY has potential to achieve 448 in next round?</p>","html":"<p>does SPY has potential to achieve 448 in next round?</p>","likeSize":1,"commentSize":1,"subComments":[{"id":106513229,"gmtCreate":1693122589266,"gmtModify":1693122598982,"authorId":3576339097425722,"author":{"id":3576339097425722,"authorId":3576339097425722,"name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every 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possible"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":213357923786864,"gmtCreate":1693121650860,"gmtModify":1693121658434,"authorId":9000000000000345,"author":{"id":9000000000000345,"authorId":9000000000000345,"name":"WinifredAnn","avatar":"https://static.tigerbbs.com/999ddb8936398ccbb2193658ca1848c1","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":213003393724536,"type":1,"supId":0,"prevId":0,"content":"<p>could it back to latest break-out point?</p>","text":"<p>could it back to latest break-out point?</p>","html":"<p>could it back to latest break-out 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Lcs dine, Go Top!👍🏻","text":"Thanks. Lcs dine, Go Top!👍🏻","html":"Thanks. Lcs dine, Go Top!👍🏻","likeSize":2,"commentSize":1,"subComments":[{"id":106513325,"gmtCreate":1693149995750,"gmtModify":1693150003679,"authorId":3576339097425722,"author":{"id":3576339097425722,"authorId":3576339097425722,"name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every 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you"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":213652586496224,"gmtCreate":1693201116454,"gmtModify":1693201122726,"authorId":4095663116592130,"author":{"id":4095663116592130,"authorId":4095663116592130,"name":"SH888","avatar":"https://static.tigerbbs.com/3639b9618edb6f7a5b16e3f859b1dbe0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":213003393724536,"type":1,"supId":0,"prevId":0,"content":"<p>Good one&nbsp;</p>","text":"<p>Good one&nbsp;</p>","html":"<p>Good 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