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05/03/2025 Weekend Update

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Cobra
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Posts: 64997
Joined: Sat Feb 12, 2011 10:29 pm

05/03/2025 Weekend Update

Post by Cobra »

Up 2 weeks in a row, the next week has 54% chances to close up, 75% chances to make a higher high.

So more up.

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tsf
Posts: 594
Joined: Tue Feb 15, 2011 7:49 am

Re: 05/03/2025 Weekend Update

Post by tsf »

YThank you, Cobra and the Board.

Several charts on Cobra's page 1 provide good and clear guidance.
https://stockcharts.com/public/1684859/tenpp/1
0.1.0 SPY Daily
0.1.1 SPY 5 min
0.1.2 SPY 15 min
0.1.3 SPY 60 min
0.2.0 Trading Markets Setups rsi(2) for SPY was 99.72 EOD May 2, 2025
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JFR
Posts: 11975
Joined: Sun Dec 02, 2012 7:24 pm

Re: 05/03/2025 Weekend Update

Post by JFR »

SPY daily.

Up and up.

Many marubozus.

Some gaps.

Up through the EMAs 20, 50 and 100.

Starting to push the outside of the Bollinger envelope.

MACD and its Histogram up.

The Sto is maxed out.

Volume is normal.

Well, yes, the bias is up, bullish. Tariffs and the economy be damned.

2025-05-03_18h28_31.png
Charts posted are not recommendations. They are just a sharing of information.
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