Simple look at SPY coming weeks

70
5
Favorite

Simple look at SPY coming weeks

Asphen
08-11

Is this a rally or is it not?

Much talk coming weeks will be whether the current rally will hold.

Bull trap in the making?

Turbulent Sept/Oct?

Plenty of thesis and grand references, but i will stick to simplicity.

A correction up to possibly fib 38.2 and then dump for an equal or lower low for the full c wave formation.

Note CPI coming week!

Good luck, all!

SPY Daily - 11th Aug 2024

@macroB @Deposit @CaptainTiger @TigerStars @Melson

$SPDR S&P 500 ETF Trust(SPY)$

$Invesco QQQ(QQQ)$

# Take Profit as S&P Hits 5800 or Hold Till 6000?

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.

Report

Comment（5）

Top
Latest

Happiness.
·08-13
TOP
It’s painful to suffer slow and down market. But it’s a chance to buy dipper prices.
Reply
1
Report
Fold Replies
- Asphen:
  indeed!
  08-13
  Reply
  Report
mster
·08-11
TOP
Agreed Think it will likely met and rejected by the 50 EMA.
Reply
1
Report
Fold Replies
- msterReplying toAsphen:
  Thanks for that reminder. 🙏
  08-11
  Reply
  Report
- Asphen:
  yeah.
  
  expecting a cool CPI on Wed. but this time, a cooling CPI will mean different.
  
  Falling rates will mean USD drop means Japan Carry Trade worse. So post CPI, even if cool inflation, note that it could trigger a sell off.
  08-11
  Reply
  Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":337127252664416,"tweetId":"337127252664416","gmtCreate":1723342545336,"gmtModify":1723449255875,"author":{"id":3576339097425722,"idStr":"3576339097425722","authorId":3576339097425722,"authorIdStr":"3576339097425722","name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":2,"allocatedDate":"2022.08.08","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":2545,"starInvestorFlag":false},"themes":[{"themeId":"8b4d9285fb8d4567953b94e00cbcc6be","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Take Profit as S&P Hits 5800 or Hold Till 6000?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":8b4d9285fb8d4567953b94e00cbcc6be}&rnconfig={\"headerBarHidden\": true}","description":"As the stock market hits record highs more than 40 times this year, there are concerns that history might repeat itself and another financial crisis could occur. \n----------------\nWill S&P 500 hit 6000 by year-end as institutions predict?\nWould you take profit and stay cautious ahead or hold till the year-end?","image":"https://community-static.tradeup.com/news/5597f13cf0ea1ca329b86c0fa5ae89aa"}],"images":[{"img":"https://community-static.tradeup.com/news/0723ea9f27c5325954ef8558f2b453fd","width":"1280","height":"671"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/0723ea9f27c5325954ef8558f2b453fd","width":"1280","height":"671"}],"title":"Simple look at SPY coming weeks","html":"<html><head></head><body>Is this a rally or is it not?&nbsp;\nMuch talk coming weeks will be whether the current rally will hold.&nbsp;\nBull trap in the making?&nbsp;\nTurbulent Sept/Oct?&nbsp;\nPlenty of thesis and grand references, but i will stick to simplicity.\nA correction up to possibly fib 38.2 and then dump for an equal or lower low for the full c wave formation.&nbsp;\nNote CPI coming week!&nbsp;\nGood luck, all!&nbsp;\n<img src=\"https://community-static.tradeup.com/news/0723ea9f27c5325954ef8558f2b453fd\" tg-width=\"1280\" tg-height=\"671\">SPY Daily - 11th Aug 2024\n<a href=\"https://ttm.financial/U/3560858852313727\">@macroB </a>&nbsp;<a href=\"https://ttm.financial/U/3577700186071729\">@Deposit </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars </a>&nbsp;<a href=\"https://ttm.financial/U/3445915636544748\">@Melson </a>&nbsp;\n<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a>&nbsp;\n<a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$&nbsp;</a>&nbsp;</body></html>","htmlText":"<html><head></head><body>Is this a rally or is it not?&nbsp;\nMuch talk coming weeks will be whether the current rally will hold.&nbsp;\nBull trap in the making?&nbsp;\nTurbulent Sept/Oct?&nbsp;\nPlenty of thesis and grand references, but i will stick to simplicity.\nA correction up to possibly fib 38.2 and then dump for an equal or lower low for the full c wave formation.&nbsp;\nNote CPI coming week!&nbsp;\nGood luck, all!&nbsp;\n<img src=\"https://community-static.tradeup.com/news/0723ea9f27c5325954ef8558f2b453fd\" tg-width=\"1280\" tg-height=\"671\">SPY Daily - 11th Aug 2024\n<a href=\"https://ttm.financial/U/3560858852313727\">@macroB </a>&nbsp;<a href=\"https://ttm.financial/U/3577700186071729\">@Deposit </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars </a>&nbsp;<a href=\"https://ttm.financial/U/3445915636544748\">@Melson </a>&nbsp;\n<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a>&nbsp;\n<a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$&nbsp;</a>&nbsp;</body></html>","text":"Is this a rally or is it not? Much talk coming weeks will be whether the current rally will hold. Bull trap in the making? Turbulent Sept/Oct? Plenty of thesis and grand references, but i will stick to simplicity. A correction up to possibly fib 38.2 and then dump for an equal or lower low for the full c wave formation. Note CPI coming week! Good luck, all! SPY Daily - 11th Aug 2024 @macroB @Deposit @CaptainTiger @TigerStars @Melson $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$","highlighted":1,"essential":1,"paper":2,"likeSize":70,"commentSize":5,"repostSize":6,"favoriteSize":0,"link":"https://ttm.financial/post/337127252664416","repostId":0,"isVote":1,"tweetType":1,"viewCount":1445,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["QQQ","SPY"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":400,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":338027784736944,"commentId":"338027784736944","gmtCreate":1723545435051,"gmtModify":1723545439952,"authorId":4153021641319952,"author":{"id":4153021641319952,"idStr":"4153021641319952","authorId":4153021641319952,"name":"Happiness.","avatar":"https://community-static.tradeup.com/news/dfc98eef0ac207532c2f1d0a030e0e56","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.24","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":337127252664416,"objectIdStr":"337127252664416","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"It’s painful to suffer slow and down market. But it’s a chance to buy dipper prices. ","text":"It’s painful to suffer slow and down market. But it’s a chance to buy dipper prices. ","html":"It’s painful to suffer slow and down market. But it’s a chance to buy dipper prices. ","likeSize":1,"commentSize":1,"subComments":[{"id":338031549874176,"commentId":"338031549874176","gmtCreate":1723546248069,"gmtModify":1723546252906,"authorId":3576339097425722,"author":{"id":3576339097425722,"idStr":"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 week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":2,"allocatedDate":"2022.08.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":337127252664416,"objectIdStr":"337127252664416","type":1,"supId":338027784736944,"supIdStr":"338027784736944","prevId":0,"prevIdStr":"0","content":"indeed!","text":"indeed!","html":"indeed!"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":337133608251760,"commentId":"337133608251760","gmtCreate":1723346471093,"gmtModify":1723346476113,"authorId":4102815868703010,"author":{"id":4102815868703010,"idStr":"4102815868703010","authorId":4102815868703010,"name":"mster","avatar":"https://community-static.tradeup.com/news/81a8fe18bd419696551df5320d8db477","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.24","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":337127252664416,"objectIdStr":"337127252664416","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Agreed Think it will likely met and rejected by the 50 EMA. ","text":"Agreed Think it will likely met and rejected by the 50 EMA. ","html":"Agreed Think it will likely met and rejected by the 50 EMA. ","likeSize":1,"commentSize":2,"subComments":[{"id":337145847206080,"commentId":"337145847206080","gmtCreate":1723347179301,"gmtModify":1723347184776,"authorId":4102815868703010,"author":{"id":4102815868703010,"idStr":"4102815868703010","authorId":4102815868703010,"name":"mster","avatar":"https://community-static.tradeup.com/news/81a8fe18bd419696551df5320d8db477","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.24","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":3576339097425722,"repliedAuthor":{"id":3576339097425722,"idStr":"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 week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":2,"allocatedDate":"2022.08.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"objectId":337127252664416,"objectIdStr":"337127252664416","type":1,"supId":337133608251760,"supIdStr":"337133608251760","prevId":337135163380064,"prevIdStr":"337135163380064","content":"Thanks for that reminder. 🙏","text":"Thanks for that reminder. 🙏","html":"Thanks for that reminder. 🙏"},{"id":337135163380064,"commentId":"337135163380064","gmtCreate":1723346669084,"gmtModify":1723346673818,"authorId":3576339097425722,"author":{"id":3576339097425722,"idStr":"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 week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":2,"allocatedDate":"2022.08.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":337127252664416,"objectIdStr":"337127252664416","type":1,"supId":337133608251760,"supIdStr":"337133608251760","prevId":0,"prevIdStr":"0","content":"yeah. \nexpecting a cool CPI on Wed. but this time, a cooling CPI will mean different.\nFalling rates will mean USD drop means Japan Carry Trade worse. So post CPI, even if cool inflation, note that it could trigger a sell off.","text":"yeah. \nexpecting a cool CPI on Wed. but this time, a cooling CPI will mean different.\nFalling rates will mean USD drop means Japan Carry Trade worse. So post CPI, even if cool inflation, note that it could trigger a sell off.","html":"yeah. \nexpecting a cool CPI on Wed. but this time, a cooling CPI will mean different.\nFalling rates will mean USD drop means Japan Carry Trade worse. So post CPI, even if cool inflation, note that it could trigger a sell off."}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}