🚨 URGENT PRE-MARKET ALERT: SPY & SLV Trade Setups!

Dave Barnhart maps day-trade setups for SPY and silver. SPY goes bullish above $695.12 targeting $700, bearish below $693.50 targeting $687.50. Silver bullish above $102 targeting $110.71, bearish below $100 targeting $94.33.
Chapters
Good morning, traders. It's Tuesday, January 27th at 4:20 a.m. All right, two stocks for you today. We've got the SPY and we've got silver. Silver has been hot. But anyway, let's go ahead and look at the SPY. Largest trades in the last month. We see this December 26th pulled back moving average new prints. We've been see how we've been snaking through these prints. We pulled back. Everybody's bearish here, but there was 3.7 million most tagging the. Print increasing volume. We're moving up. Let's see if we can make a higher high. So yesterday there's 2.5 million as well. And so let's go ahead and look at our bullish above bearish below for our day trade setups. We're going to be bullish above 695.12. Uh, I'll get above this cam right here. Target 695.50. 696.47 is our 2. Then we've got 690, 696 is a cam, 697.50, and 700. That's a big one. Uh, bearish below 693.50. Let's get below this mess. Look at this, 5.7, 2, and 2. So 5, 7, 9, almost 10 million in prints here, right? So this is 690, whatever this is, times 10 million. Uh, that's, that's a lot. So we need to get below this. So that this becomes resistance. 693.50, target 693.12. 690— 692.34 is a CAM. 691.96, 691.61. Right here is 4.2 million. Now this is getting in to be some support. This was support over here. We've got my 200 exponential, 200 simple, and we've got 7.4 million. in shares here, so this can definitely be supportive. We don't hold that, uh, oh, and the $691.61 is the retracement to the 4 exponential moving average here on the daily. Then we've got $691, $690.41 down here, and then we've got $690.17 is this 2.6 million. $689.25 is 2.5 million. We gotta watch out for $689.50, $688. Oh, 5 is S2, and then $687.50, I've put that pretty much as the end of that. That, that gives us about $7 or $8 on that, on the downside. All right, let's go ahead and look at silver. Okay, so silver, look at this volume yesterday, this massive doji. We got a 1 million here. $99.33. We're already up a couple bucks. This seems to be— this seems to be running. Look at this, right down to the CAM and pushed up. So this seems to be moving. We're going to be bullish above $102. Uh, target $102.50, $103.94 is a CAM, $104.52, $105, $107.50, $108.72. Then we've got $110, $110.71 is R2. So this looks really strong today as well. Let's be Bearish below 100. Let's get down here. 100 target 99.33, 99.98, 97.41 is the cam here. This is this gap fill. We also have my 200 simple, 200 exponential. This is crazy, crazy support. If we come back and test this, start moving back up again, that's a great entry point. Then we've got 98.97.41, which I mentioned. 97.96, 47.95, 54.95, and 94.33. I put this as the last target is S1. All right, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, do all of that great stuff. We'll see you this afternoon with the results. of our trade setups. Happy trading, everyone. Mobitick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
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