SPDR S&P 500 ETF TRUST
Long
Updated

475 target based on the money flow

2 612
1st and foremost, i'm only doing this because I hate to see good people loose money. PRICE ACTION MEANS NOTHING, Nothing moves but the money. Please understand this... The AD and Money flow are Ascending... There is a bullish abcd pattern which correlates to the ABCD pattern on the SPX go against this at your own will

Notice the AD is in an ascending triangle pattern targeting 475 which is a retest of previous highs..

dont ask for updates, No I DONT HAVE A DISCORD, NO I DONT WANT YOUR MONEY, I DONT HAVE A WEBSITE... CHEERS.
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I'm going to revisit this potential bullish cypher pattern after 475 occurs . (I'm forecasting the potential future pattern, by using previous support/resistances levels and wave patterns it doesnt imply it will occur). As always the Money Flow and AD will dictate future price action. And for those saying 475 wont happen this year, I never said it would. This is a Monthly Chart (each candle represents a month worth of trading).. For goodness sake it took 3 yrs for price action to go through A-C. I wish there was a block button on Trading View
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AD is set to cross over a spike level on the monthly chart on the sp500 futures... If this occurs, then you can't rule out the SP500 futures & SPY rallying to 4750/475...
I stay in my own lane, I rarely look at other chartist. I only look at the Money Flow and the AD...

you're welcome spike level on the money flow and AD
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Price Action + Chikou Spann Double bottom= Buy signal.. seen yesterday..
handle needs depth. Monitoring two handles. previous resistances needs to hold as support cup/handle set up... Likely short squeeze to get price action over $415... looking for this to carry over the new few trading sessions snapshot
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both bullish/bearish patterns continue to higher time frames until there is an invalidation of said trend. above chart is 1hr time frame, this is the 2hr time frame which looks more evident snapshot
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now the cup/handle on the spy chart is more than a cup/handle... snapshot
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you have inverse head and shoulders set up... this is a bullish continuation pattern. Which means, said trend will continue to higher time frames. so If it occurs on the 2hr, then its likely to occur on the 3hr/4hr/daily/weekly/monthly until said trend is invalidated. this is why you have to trade between multiple time frames..
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why 415 is important snapshot
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above chart is the 3hr ... I will continue to monitor til there is an invalidation... 415 must be taken out first
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now look at the 3hr, you have a bull flag in a box consolidation
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on the sp500 futures... cup/handle breakout is key... that is all for now
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secret patterns are hidden in the AD/Money Flow snapshot
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xlf- Target 37
Bullish Cypher target $37
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The Faz Short trade $$$ (study the set up)
shorting the bullish cypher, target $19.59
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415 Hit
Challenge my Elliot Wave Count looking for $406 $spy
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3hr box consolidation/bull flag on the sp500 futures broke out.. look for 4250 on the spx futures
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I have not updated the chart. JPM heading to 144, 1yr target is $170
AD ascending Raising Target to $170 added to position
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buy signals flashing on XBI (biotech) look at the monthly, and look at the triple bottom . Price Action + chikou span + AD snapshot
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The AD is showing me the set up. Money Flow show buy signals before price action is determined.
Chikou Spann + Price Action = buy signal on LABU
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anticipating a 40% move in LABU move up from the daily to weekly to see the resistances level above 7, which I have near $7.15
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retesting the handle snapshot
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and if you look closer you can see an inverse head and shoulders pattern forming
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wave 4 is the left shoulder of the inverse head and shoulders pattern on $labu..
snapshot
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buy the B leg of the ABCD pattern on LABU, its hidden inside the handle on the 4hr i'll show snapshot
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and 4hr cup/handle on spy is forming snapshot
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4hr cup/handle retest of $415 gives breakout... made the chart live for you to track... added some calls
415 calls will print go out 1+ month if you got the coin
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click on the chart above, takes you directly to the link
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cracking the code on labu, buy above b leg of the bearish cypher pattern. I hope its all making sense now snapshot
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they dont want to show you this snapshot
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here's where it gets tricky, C wave sell off at the supply zone? imho we ran to $415, and we're at an apex. I see a breakout to 430 and a potential retest to 390
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my money is on the C wave sell off around 425-430, then we retrace back to 403-390 levels to stay in the trend. there is a 4hr spike on SPY which we're close to
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if you look at the Stoch RSI on the 4hr, we're still not in overbought territory. We'll get the answers Monday/Tuesday next week. I'm prepared for $430.. have a good weekend folks
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This was my Apple Trade, its getting close to my Target of $171... since Apple is a behemoth of a company and counts for 7.08% of the Spy etf as of April 13, 2023 , its important to show this chart..
added Apple here
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Chart was Created March 14th, 2023.. There needs to be another Catalyst to get us above Wave 4/D Leg... Now remember what I said about bullish continuation patterns, they will proceed to the higher time frames until there's an invalidation of said trend. This cup/handle pattern, should carry over to the next higher time frame which is the Daily chart
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4hr chart of cup/handle snapshot
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you have to train your eyes... find the Supply zone (the last sold off zone)
look at the stoch rsi on the Daily chart, and you'll see we're not in overbought territory
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look for a base, you see how its basing ? snapshot
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IMHO AAPL will continue to lead the SP500 higher, take a look at the weekly chart... $171.50 breakout, takes out the weekly resistances on APPL.. also the Stoch rsi is ascending on the weekly chart... snapshot
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now go to the Monthly Chart of Appl, you'll start to see the bull flag set up and the low stoch rsi snapshot
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And I comeback and analyze it w/ the AD/Money Flow Principal Trading Strategy I get a 200 Price Target for Apple.. Apple will lead the sp500 higher to 430, and $475... of course there will be pull backs. You're welcome snapshot
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MSFT- Cup/Handle set up.. but do you see the bull flag snapshot
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MSFT Bull Flag Set Up... buy the Dips. In addition to this.. MSFT & Appl make up just over 13% of the sp500 etf SPY...and both are prime for breakout..

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look beyond what your eyes can see. Things are hidden right in front of you... A cup/handle, within a larger cup and handle basing snapshot
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looking what the AD is showing on msft snapshot
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bull flag by the AD on the sp500 futures... You dont have to see it or agree with it... snapshot
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now w/out the wave count snapshot
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prev. resistances acting as support... needs to close above D leg snapshot
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w/ pitchfork snapshot
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click this live chart
Challenge my Elliot Wave Count looking for $406 $spy

notice how wave 3 is now acting as support... we had two bounces off of wave 3 which was above 406.50
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Monster Day in LABU (3x biotech etf) I hope some of yall got in the LABU Trade I posted it last week near market close. I haven't updated the chart... I mentioned the 41% gains as its headed to 7.15.. This chart is the higher time frame... I haven't updated it all ... This is how I know the markets aren't tanking.. dont be mislead by some of these Chartist on Trading View. I honestly question some of their motives. I Just follow the Money and stay in my own lane...

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XBI, look for a retest of the Supply Zone (buy the dips) snapshot
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AD is showing me a Bull Flag on XBI Daily Chart snapshot
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A breakout above this resistances level puts XBI over 90+ and will see it retest the Supply Zone 90+ snapshot
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The AD is showing an ascending triangle on the Daily Chart of Amazon.. i'll break this down here, but also create a separate live chart for those interested in the trade. Im posting multiple under the SPY because these charts are essential for the rally to 430 then 475. Block out the Naysayers
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Amazon wants to retest the supply zone $190 price target by the AD which is in an ascending triangle pattern snapshot
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amzn, first supply zone to be tested is 150... the AD is ascending there as well. There is also a stealth inverse head and shoulders pattern which is bullish..
.they hid this in plain sight and have been in the accumulation phase snapshot
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correction lets worry about 125 for amzn first snapshot
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and this my friend is how you forecast w/ money flow... this whole inverse head and shoulders movement is the head to the larger inverse head and shoulders pattern
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My oil analysis for a retest of all time highs... created in the 60's, we will be seeing 100 a barrel soon
Oil to retest all time highs C leg of the ABCD patter is support
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this could be the bullish continuation of a huge momentum in oil... this is a bullish cypher pattern by the AD... which could lead to higher time frames, meaning higher breakouts... in the price of oil.. monitor gush/drip.. snapshot
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looking for 4200 today w/ a confirm AD spike of th 1hr time frame of spx500usd... if we get the AD/50 ema cross over snapshot
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spy up $2.13 from this call at 3:20 yesterday.. and spy could run to 420 by eow easily... snapshot yall should be good for the rest of the month... continue to buy the dips and wait for 430
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The NVDA Trade set up
AD showing a Bear Flag, currently ascending to $315 price target
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The NVDA Chart is live, click the chart above
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AD crossed over the 1hr moving avg on the sp500 futures snapshot
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will get a retrace back to 412 if the 18 ema doesnt hold this cup/handle breakout set up. snapshot
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I didnt think the handle would form, looking for a bullish cross over by the moving avg to the spike level snapshot
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bitcoin is oversold on the 30min time frame, im looking for 30k to hold I will break this down even more snapshot
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however its not oversold on the 1hr time frame, which also has a cup/handle pattern forming... these patterns will continue until theres an invalidation of said pattern.. the 1hr time frame will also offer a bigger spike once complete. snapshot
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a breach of 29600 invalidates the bullish momentum for the 1hr trade set up..
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B leg resistances of the sp500 futures is now support. This becomes invalidated below 4087, it would have to close below this to invalidate the move. In fact, I would say we've broken out above trendline resistances but have not closed above D leg resistances.. Im looking for this to happen this week snapshot
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can see we're above trendline resistances here snapshot
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Take a look at the AD here. This is a bearish Cypher pattern, Bears have attempted to take it below the 50 day moving avg. However, look at how B leg previous resistances is now acting as support, which is holding up near the 50 day moving avg. for the sp500 futures.. The money flow is strong here... Bears would have to dump Billions to invalidate this move and push price action back to 410-406 area. I dont see that happening basing on the AD and Money flow snapshot
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with Fibs snapshot
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im a buyer of this futures dip tonight snapshot oversold stoch rsi
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looking for a retest of x leg
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I showed this chart yesterday, if you scroll up above.. look at how prev. resistances is acting as support and bounce off the .618 fib level. I haven't updated the chart at all. this is the 15min time frame snapshot
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from yesterday snapshot
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30min view. each time frame has a spike level in which key moving avg will cross through.. take a look at the 30min chart snapshot and look where the 50ma is at
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that moving day moving avg will cross over the .50 fib level, then the .618 fib level and price action will end up retesting 415+ ... put that in the back of your mind and lets go green snapshot
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higher time frames lead to higher spikes
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1hr time frame is very bullish snapshot
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1hr bullish chart snapshot
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keep this bearish cypher pattern in the back of your mind snapshot
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at 4300, could be a short level... could catch a lot of folks off guard (im forecasting this for now, not a specific trade set up... but something that has to be respected at 4300 when we get there)
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see my live Amzn chart, and other charts on amzn.. 105 is breakout level. and on the 5min chart we have the stoch rsi below the cloud in oversold territory, looking for it to run up some more to at least 120-125 over the next month ... snapshot
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prev. resistances now support snapshot
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the amzn chart is live
190 Target The AD is showing an Ascending Triangle, buy the dips
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buy zones snapshot
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future forecast snapshot
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430 target for Goldman Sachs , this is actually a bull flag in disguise snapshot
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Keep an eye out for AMD snapshot
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adding TSLA this morning, its still in the handle on the weekly chart... and buying the dip on SPY this morning .. take a look at the live tesla weekly chart
$310 Target near the .618 extension
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why im buying tesla dip this morning snapshot
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Im trusting the AD/Money Flow I got bullish divergence.. not for the weak, if you scared sit this out on the sidelines and buy higher snapshot
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the 3 month chart is extremely bullish snapshot
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price action needs to close above wave 4 (412) dont short this w/out looking at the chart
Price action needs to close above X leg & wave 4 $412
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going for it going for it snapshot
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All in an upward channel snapshot

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