Trading Outlook - 2/21/25

Disclaimer:

I am not a financial advisor nor do I provide any financial advice of any kind. Any information I share is for educational purposes only and should not be taken as professional financial guidance.’

Below you will see summary of my SPY levels to trade if you are short on time! I highly recommend viewing the videos to hear the nuances in my trading plan!

1. SPY will have to show us if it means business this week.

2. If this week, is strong then I think our bull wave 3 target should hit at 627-40 by mid march-ish

3. I don’t think I really want to short, but if we don’t break 614 with strength I will likely play a protective put hedge into end of march

4. GME AMC are really about to end their accumulation phases and we could be 1-2 weeks away, it is VERY CLOSE

5. Breadth around the market has become wider, and its improving in the favor of what longs want to see.

6. Generally, the end of FEB has weaker returns so we need to see what the market is trying to tell us right before OPEX Friday

Here is the Chart Below!