SPY holds near its 50-day average below the October highSPY has gone sideways. The close of $769.66 is almost flat over 5 sessions and only about 0.7% higher over 20, sitting right on SMA20 $770.41 (-0.1%) and SMA50 $767.53 (+0.3%). Volume was 28.1M, just 0.69x the 50-day average, and RSI14 is a neutral 51: no conviction either way.
The bigger picture is still constructive, with the SMA200 at $727.76 about 5.8% below. But since late August the tape has been a range, not a trend: highs at $775.30, $775.14 and $781.62 (Oct 6, the 52-week high) against
ETF market
$SPY & $SPX — Levels for Wednesday, October 28, 2026🔮 AMEX:SPY & SP:SPX — Levels for Wednesday, October 28, 2026
📊 Key U.S. Economic Data (ET)
2:00 PM | Federal Funds Rate | Forecast: 4.00% | Previous: 4.00%
2:00 PM | FOMC Statement
2:30 PM | FOMC Press Conference
⚠️ For informational purposes only. Not financial advice.
📌 #FOMC #FederalReserve #InterestRates #SPY #SPX
Opening: EWZ November 20th 31/38/38/45 Iron Fly... for a 4.53 credit.
Comments: High IVR/IV at 100.6/44.8%. A bet that IV contracts from here ... . With short straddles and iron flies, I generally look to take profit at 25% of max, but will probably money/take/run if I can get a 1.00 ($100) out of it, which would represent a 40.5% ROC.
Metrics:
Max Profit: 4.53 ($453)
Max Loss: 2.47 ($247)
ROC at Max: 183.4%
ROC at 25% Max: 45.9%
Opening: XBI November 20th 133/143/165/175 Iron Condor... for a 3.39 credit.
Comments: High IVR at 67.4. Selling the 25 delta short option legs and erecting the longs out from there ... .
Metrics:
Max Profit: 3.39 ($339)
Max Loss: 6.61 ($661)
ROC at Max: 51.3%
ROC at 50% Max: 25.6%
ROC at 10% of the Width of the Widest Wing: 15.1%
Have been generally looking to take profit at 10% of the width of the widest wing, rather than wait for the full 50% max.
SPY — am I buying rich or cheap? Three VWAPs answer.“Am I chasing, or buying value?” VWAP answers it.
VWAP is the volume-weighted average price — the average price everyone actually paid. It’s where fair value sits.
Three anchors on this chart:
Session VWAP — today’s fair value.
Weekly VWAP — where the week’s money sits.
Monthly VWAP — the slow tide underneath.
Price above all three is alignment, buyers in control. Below all three, sellers. Split — like here — is balance, no edge either way.
How to read it: stretched far from VWAP tends to sn
SPY moved through these prices. Where did the volume trade?The October pullback brings SPY below the amber line near $769 in this snapshot. Why is that level highlighted—and what do the horizontal bars add to the candles?
Fixed Range Volume Profile groups trading activity by price across a selected interval. The vertical volume bars tell you when activity occurred; the horizontal profile shows how it was distributed across price rows.
Read the widest row first
The amber line marks the point of control, or POC: the row with the greatest total volum
SILVER, I Like This Area.**Silver (XAGUSD) — Major Breakout Retest | Bullish or Bearish?**
Silver is currently retesting a major long-term breakout level around $48–$50, a critical area that could determine its next major move.
This is a make-or-break technical level, and I can see a strong argument for either direction.
**Bullish Scenario:** If silver successfully holds this former resistance as support, I believe we could see another significant move higher, potentially targeting the $140–$148 region based on Fibon
Research 27.10.2026🌏 Markets:
AMEX:SPY +2.13 +0.28%(pre/m)
NASDAQ:QQQ +2.69 +0.38%(pre/m)
🆕 Economic News:
US stock futures gain as oil falls on Iran comments (Bloomberg); Brent slips just below $110
08:00 USA – Building Permits Final
08:30 USA – Durable Goods Orders
09:00 USA – S&P/Case-Shiller Home Price Index, FHFA House Price Index
10:00 USA – CB Consumer Confidence
10:00 USA – New Home Sales
10:00 USA – Richmond Fed Manufacturing Index
13:00 USA – 5-Year Note Auction
FOMC two-day meetin
SPY Is Pressing Monday's 767.73 High.SPY Is Pressing Monday's 767.73 High.
SPY closed Monday at 765.37 after reclaiming 763.96 and is trading near 767.50 premarket - about 2 points above the close, roughly one hourly ATR, and just under Monday's 767.73 high. Gaps of that size are retested in the same session about one time in three, and the gap's direction says nothing about the session's. The 4H structure has turned up to a transitional bull read with a green light and a top-quartile reading, while the hourly structure is still a
DRAM: Important SupportThe Roundhill Memory ETF (DRAM) is experiencing heightened volatility following a sharp memory sector shakeup, closing up 3.02% at $49.16 amid conflicting market forces. Despite recent relief rallies, the fund has been under pressure from escalating competition headlines out of China, an options sentiments shift, and a broader structural reset across the global semiconductor space.
Technical outlook:
DRAM is on bearish motion, trading flat for over a week now in respect to the structure. Price
SPDR Gold Shares (GLD)SPDR Gold Shares (GLD): Political Uncertainty Supports Structural Gold Demand
SPDR Gold Shares (NYSE Arca: GLD) is an exchange-traded fund backed by physical gold, providing investors with exposure to movements in the market price of gold, less management and related expenses.
Current share price: ~$366.25
Research entry price: $366.00
Price target: $415.00
Potential upside: ~13.3%
Rating: Buy
Stop-loss: $335.00
Risk: High
The investment case centers on elevated political uncertainty, p
10/26/2026 QQQ possible scenarios Hello traders! I wanted to share my outlook on QQQ’s recent price action.
Currently, the R1 trendline is acting as resistance, making this a critical area to watch over the next several days.
There are three possible scenarios from here:
1. Bullish Scenario 📈
If QQQ breaks above R1, we could see a move toward R2. With earnings season underway, stronger-than-expected earnings could trigger a further uptrend.
2. Bearish Scenario 📉
If QQQ gets rejected at R1, it could retest the green demand zo
$SPY & $SPX — Levels for Tuesday, October 27, 2026🔮 AMEX:SPY & SP:SPX — Levels for Tuesday, October 27, 2026
📊 Key U.S. Economic Data (ET)
10:00 AM | CB Consumer Confidence | Forecast: 81.2 | Previous: 81.9
⚠️ For informational purposes only. Not financial advice.
📌 #SPY #SPX #StockMarket #TechnicalAnalysis
QQQ POSSIBLE EXPANDED FLAT FOR WAVE 2/BIt appears that Down-Wave 1, or (a), completed in a 1-2-(1-2-3-4-5 for 3)-4-5.
What developed after looks like it could be an expanding flat pattern for wave 2/B.
The expanding flat is often treacherous because it features a double trap.
It takes out the lows of Wave 5 and reverses... trapping shorts.
It then takes out the highs of Wave A ... inducing longs before Crash Wave 3/C happens.
I'm watching to see if we get a reversal at the golden pocket to start Wave 3/C down.
For now, we hav
VTI is in for some time painI'm not short, but I'm not long either...
The methods used
Swing highs and lows: past turning points where price reversed, such as the Sep 16 low ($368.93) and the five stalls at $382–385.
Moving averages: the 20-, 50-, 100- and 200-day averages and the 40-week average. On VTI, the 40-week average has stopped pullbacks 42 out of 47 times since 2001.
Average price paid: the volume-weighted average price from key dates, like the August high and the March low. It shows whether recent buyers are si
SCHD short term downsideLooking for a little pull back so this fund can continue to move higher with some speed.
Upside (green):
Dashed green line, the base case: a dip to about $34 in early November, then a climb through T1 into T2 by mid-to-late December.
T1 box: $35.50–36.10 (+1–3%)
T2 box: $36.55–37.15 (+4–6%)
T3 box: $37.45–37.65 (+6.5–7%)
Green line at $35.45: the breakout trigger. A daily close above it would likely skip the dip and head straight toward T1.
Downside (orange and red):
Pullback 1: $34.00–34.4
ZEB Possible Trend Reversal EntryZEB has reclaimed the 1-hour 200 MA following a false breakdown below the established trading range.
Price is now above the 200 MA, with the 20 MA crossed above the 50 MA. The pullback has produced a bullish CCI recross, triggering my entry on the hourly set up.
The setup aligns with my trend-following rules. No prediction, no discretion, just execution.
Trade the trend. Follow the system. Let the R do the work.
SPY: A Curve Bottom SupportThe State SPDR S&P 500 EFT Trust (SPY) is trading around $763-$764, moving slightly down or stabilizing after a risk off session driven by rising crude oil prices and tech stock weakness. Markets remain sensitive to oil prices breaching higher levels amid Middle East supply risks, mixed corporate earnings and ongoing adjustments in hedge fund leverage.
Technical Insight:
SPY is on a consolidation motion. The ETF continues hovering around the support and resistance area for a couple of weeks now
QQQ 714 oversold can go 748 NASDAQ:QQQ QQQ is a swing trade daily upside. Target max 748$ then be patient. Can go either way.. Week + last gap daily chart sits at 748$ so longing there super risky. If get above 763$ it could move higher, but a simple retest 748$ to me wouldn't make it bullish untill hold's 750$ for 5+day's.
WGMI Update (26/10/2026) - When in doubt, ZOOM OUT!On the higher timeframe, the support area has not broken and we get a bullish megaphone which is truly reflective of the situation we are in (Peak uncertainty, BUT WE KNOW this is the AI bubble and this will RIP) If i doesn't, we are ripped by mortgage rates and being a wagey anyway.
NFA, GL
Cross first, then the signal: MU & NVDAOvernight every name recovered and faded from the high into the open. The overnight rally was not the trade — the trade was the retest: hold the overnight low, or reclaim the overnight high. Today the sequence ran in the other order from the usual script: the 5m golden cross completed first, then the TREND signal printed into the already-confirmed cross, then the spike.
MU printed the TREND diamond at 09:31 at ~890, with a 1m bull divergence just before it. The spike ran to ~908 — the morning b
SOXL 87$ AMEX:SOXL Saw it drop when was 150's+ saw TSM top + NVDA and SOXL was at 168$... And was bullish 120-110$ where I saw it go next, now at 87$ didn'T expect it to drop that much. Now getting wayy to oversold, short term bounce up to 135$ would be expected after that could selloff more... all depend if make higher low or higher high on the daily chart...
How the 5-minute cool-off cycle actually worksA 0DTE session is not one continuous trend. Read as a series of cool-off cycles, it becomes a sequence you can wait on — and waiting is the whole discipline.
A cycle opens when the 5-minute SMI washes below -40. That washout is the cool-off: momentum has flushed, and the tape is now allowed to turn. It does not mean the turn has happened. Inside the cycle, structure has to form first — an RSI divergence, a W-shape, or a higher low on the 5-minute or a higher timeframe. Then the 1-minute trigger
XLY closes above its monthly target, quarterly target nextConsumer discretionary (XLY) closed Monday at 114.46, its first close above the October monthly target at 113.44. It sits well above the October and Q4 pivot at 109.21, so the monthly and quarterly bias point up, while the yearly bias still points down with price under the 2026 pivot at 120.08. The next level is the quarterly target at 115.28; the high since October 1 is 114.69, so it has not printed yet. Our trend reading is neutral with momentum turning up, and the upside left in the short-ter























