SPY 
SPY | RALLY AFTER FED RATE CUT - Sep. 19th, 2024
BUY/LONG ZONE (GREEN): $552.50 - $575.00
WEAKER BULLISH ZONE (PALE GREEN): $552.50 - $540.50
Weekly: Bullish
Daily: Bullish
4H: Bullish
This was my analysis for the end of the day yesterday, forgot to post it. Price has already rallied fairly well today. The Fed cut rates yesterday 50bps, down from 5.50 to 5.00. Here is what I was looking at as the market became volatile when reacting to the news. Despite the market already quickly moving in favor of the bullish zone, I still think we will reach the top of that zone before any form of reversal or significant pullback.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, spy, sp500, s&p,SPY, fed, federalreserve, fedrate, fedratecut, interestrate, jeromepowell, fedchair, 50bps, volatile, volatility,
SPY | RALLY AFTER FED RATE CUT - Sep. 19th, 2024BUY/LONG ZONE (GREEN): $552.50 - $575.00
WEAKER BULLISH ZONE (PALE GREEN): $552.50 - $540.50
Weekly: Bullish
Daily: Bullish
4H: Bullish
This was my analysis for the end of the day yesterday, forgot to post it. Price has already rallied fairly well today. The Fed cut rates yesterday 50bps, down from 5.50 to 5.00. Here is what I was looking at as the market became volatile when reacting to the news. Despite the market already quickly moving in favor of the bullish zone, I still think we will reach the top of that zone before any form of reversal or significant pullback.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, spy, sp500, s&p,
SPY, fed, federalreserve, fedrate, fedratecut, interestrate, jeromepowell, fedchair, 50bps, volatile, volatility, 
TRADING WITH TONY, ACCESS TO MY PRIVATE TV CHARTS:
discord.gg/Cm6fXcbw4h
discord.gg/Cm6fXcbw4h
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TRADING WITH TONY, ACCESS TO MY PRIVATE TV CHARTS:
discord.gg/Cm6fXcbw4h
discord.gg/Cm6fXcbw4h
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.