SPY Model - Signals

We remain in a 4,5 Uptrend today so same signal as the previous 4 days.

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I’m still sitting on the sidelines on cash.

Yes much better and more profitable. SPY closed below 485.5 so I’m expecting a little pullback tomorrow so we can enter

Same return group today. The signal again today is ATM SPY Calls with 30 DTE, but I’m holding off for now. It’s a weak signal (70% success rate and I think we’ll get a pull back.

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That’s what I’m waiting for. :rofl:

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The return group remains in a 4,5 Uptrend so buying ATM SPY Calls with 30 day exp is still the signal. I’m holding cash till after some of these tech earnings are reported and after the Fed meeting.

Hey Brutus, with today’s FOMC I’m expecting tomorrow to be red too. Maybe good time to enter those calls

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Definitely would have been

The return group continues to be a 4,5 Uptrend so ATM SPY Calls 30 days out is still the signal. I am still sitting on the sidelines for now waiting to see what happens tomorrow. I’ll likely wait till Monday. I have a fear of heights when it comes to SPY all time highs. I also feel strongly that we’ll get a strong move downward sometime before they cut rates which looks like could be May or even later.

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Wow this SPY run has been really something. Even after today, we are still in a 4,5 Uptrend which has a 70% success rate for ATM SPY Calls with 30 DTE. That means there is a 70% chance SPY hits 504 before 3/4/2024.

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Same return group, 4,5 Uptrend, same play.

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Thank you for keeping us in the technical loop all this time. Helps with positioning longer term calls. :pepepray:

Sure thing

Same thing again today. If you traded the signal and are holding SPY Calls, the data shows a 70% likelihood of reaching 507 by March 7th.

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<@804151543136780289> is there a way to see these signals live? Is it something you set up or subscribed to?

Nope, manual process in excel

Well I really appreciate it, it’s always looked incredibly effective and I’ve enjoyed playing off your signals

If someone smarter than me could set it up on auto, I could provide the return groups

@dad probably

Glad it’s been helpful to others, I’ve definitely enjoyed it

<@768562231964860426> <:squishy:917820907584618556>