SPY Stock Trading Plan 2025-06-18

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SPY Stock Trading Plan (2025-06-18)

Final Trading Decision

Comprehensive Summary of Each Model's Key Points

1. DS Report:

Technical Analysis: The DS report indicates a bearish technical outlook for SPY, with the price below key EMAs on the 30-min chart. MACD is also negative, suggesting continued bearish momentum. Support level identified at $595.50 and resistance at $601.59-$601.75. Market Sentiment: VIX is rising, indicating increased market volatility and risk aversion. There is mixed sentiment in the news concerning a rebound, but elevated sell volume implies distribution. Conclusion: Moderately Bearish market direction, recommending a short position.

2. LM Report:

Technical Analysis: This report presents a mixed view, suggesting a slightly bullish bias due to oversold conditions on the 30-minute chart (RSI near 31.9). However, bearish signals on the MACD and EMAs challenge a clear direction. Market Sentiment: Elevated VIX suggests cautious sentiment among traders. News on GDP growth supports a bullish expectation. Conclusion: Moderately Bullish, suggesting a long position due to oversold indicators.