SPY Stock Trading Plan 2025-06-13
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SPY Stock Trading Plan (2025-06-13)
Final Trading Decision
Below is a consolidated analysis of the four model reports:
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Summary of Each Model’s Key Points
• DS Report: – On short (30‑minute) charts, SPY is showing oversold conditions (RSI 26.46 and price touching the lower Bollinger Band) while remaining above key longer‐term supports. – The daily and weekly charts maintain a bullish bias (price above the 10‑EMA on the daily and strong weekly EMAs). – Recommended a long trade at market open at about $597.35 with a stop just below support at $591.00 and a target of roughly $614.82. – Overall confidence is about 75% based on the oversold short‐term setup plus intact medium/long‑term structure.
• LM Report: – The 30‑minute chart shows oversold conditions (RSI near 26.46, price near the lower Bollinger Band), while on the daily chart the trend is strong (10‑EMA rising and RSI at about 69.52). – They highlight a moderately bullish bias overall, favoring a long position taken at market open. – Suggested trade is similarly timed with an entry around $597, a profit target in the $616–$618 range, and a stop-loss approximately 2% below (around $585). – Confidence is rated at roughly 70%.