SPY Stock Trading Plan 2025-06-20
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SPY Stock Trading Plan (2025-06-20)
Final Trading Decision
Comprehensive Summary of Model Reports for SPY
DS Report:
Technical Analysis: SPY trading below key moving averages; current price $593.75 is retesting support at $593.72. Technical indicators (RSI, MACD) signal bearish momentum along with price action under the lower Bollinger Band, indicating potential for an oversold bounce. Market Sentiment: Rising VIX of 20.31 coupled with negative geopolitical news results in a risk-off sentiment. Conclusion: Moderately bearish sentiment, recommending a short position entry at $593.75 with a price target of $580.00 and stop-loss at $600.00.
LM Report:
Technical Analysis: Mixed signals across different charts; short-term bearish indicators given the current price position relative to moving averages suggests potential for a pullback. Market Sentiment: Similar to DS, where VIX and news flow paint a slightly bearish picture, emphasizing the concerns around geopolitical risks. Conclusion: Moderately bearish, favoring a short position. Suggests entering at resistance levels if approached.