SPY Stock Trading Plan 2025-06-06

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SPY Stock Trading Plan (2025-06-06)

Final Trading Decision

Model Summaries

1.1 DS Report (Moderately Bearish)

Technicals: SPY trading below key M30 EMAs (10/50/200) and daily 10-EMA. M30 RSI oversold (36), daily RSI neutral (61). M30 & daily MACD histograms are negative. Support/Resistance: Critical support at $588.10 (daily) and $591.06 (M30); resistance at $595.54 (daily) and $596.98 (M30). Sentiment: VIX low (17.6) indicates complacency; heavy volume on down days signals distribution. Trade: Short at $593.05 (open), SL $598, PT $575.60, size ~101 shares (1% risk on $50K), hold ≤3 weeks. Confidence 65%.

1.2 LM Report (Moderately Bullish)

Technicals: SPY above daily 10/50/200 EMAs. Daily RSI ~61 (neutral), MACD line above signal line. Price near middle Bollinger band. Sentiment: Falling VIX supports bullish bias; jobs data positive. Trade: Long at $593.50 (open), SL $582.11 (–1.5%), PT $608.59 (+2.5%), size = 20% of $10K account ($2K risk), hold 3–4 weeks. Confidence 72%.