$SPDR S&P 500 ETF (SPY.US)$ I think this is going to test the 50-day EMA ($399.82) shortly. The good news is there is support in this area - just hope that support is enough amidst all the selling. I can also see it within the next few days going after the 200-day EMA ($397.57) just looking at the DMA indicator just based on the trend line
If you're going to do options on this make sure to hedge your bets. Happy trades guys and gals
If you're going to do options on this make sure to hedge your bets. Happy trades guys and gals
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SmrtTrader
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My Moo's name is Mootivation. Mootivation is a pretty happy-go-lucky guy who loves music and is also a heavy metal moosician. He has a lot of heart and when he dedicates himself to something, he immerses himself into said challenge. Mootivation loves learning new things and things that are labeled as "difficult" at first can be overwhelming but shortly thereafter, becomes a goal for him to accomplish. In fact, trading stocks and options was one of tho...
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SmrtTrader
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
. Just remember the big boys control the direction- we're just along for the ride. I think you're right that once it breaks out of this more narrower range - gonna be much harder to predict. happy trades and best of luck to you
SmrtTrader
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Support and resistance are two basic concepts in technical analysis, which can help traders gain insights into the strength of a price trend. Through this challenge, you can get to know the support level and the myth behind it.![]()
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A support level is a price below which a stock doesn't tend to fall over a given period. Do you know how to plot it?
Think of the support level as a straight line connecting two or more low points. Use a single line w...
A support level is a price below which a stock doesn't tend to fall over a given period. Do you know how to plot it?
Think of the support level as a straight line connecting two or more low points. Use a single line w...
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Need this to close above 360.69 on the daily for me to even begin thinking about watching for a trend reversal.
SmrtTrader
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Thanks for sharing your knowledge to help us grow children's financial literacy! It is essential that kids start to learn basic financial concepts on money-saving and investment at a young age. It could help them make better financial decisions in the future.
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Our moomoo financial-literacy poster integrates the insights of the following six mooers: @doctorpot1, @momvestor, @Milk The Cow, @cola1010, @SmrtTrader, @12moon.
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I created this infographic using Adobe Express Graphic Design. @Team moomooplease feel free to use.
Teaching kids financial literacy seems to be a lost art. When people like our parents were growing up, they were taught the value of a dollar and the value of hard work. Moreover they were also taught how to save money. Many of today's youth have no idea what goes into the value of a dollar and what can affect its value - such as interest rates, real GD...
Teaching kids financial literacy seems to be a lost art. When people like our parents were growing up, they were taught the value of a dollar and the value of hard work. Moreover they were also taught how to save money. Many of today's youth have no idea what goes into the value of a dollar and what can affect its value - such as interest rates, real GD...
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