The SPY ended the week up 1.55% @ 235.09

Long term uptrend. Intermediate term uptrend.

SPY (>) Weekly Swing Pivot (WSP) @ 231.02

SPY ~ GTPivots ~ Pivot S/R Confluence Yearly/Monthly/Weekly

spy-gtpivots-21817

Weekly Pivot Point @ 234.10

R1/R2/R3/R4 @ 235.29 ~ 236.02 ~ 237.21 ~ 239.13

S1/S2/S3/S4 @ 232.91 ~ 232.18 ~ 230.99 ~ 229.07

“The two most powerful warriors are patience and time.”
     – Leo Tolstoy –

 

The SPY ended the week up 0.95% @ 231.51

Long term uptrend. Intermediate term uptrend.

SPY (>) Weekly Swing Pivot (WSP) @ 228.87

SPY ~ GTPivots ~ Pivot S/R Confluence Yearly/Monthly/Weekly

spy-gtpivots-21117

Weekly Pivot Point @ 230.53

R1/R2/R3/R4 @ 231.85 ~ 232.67 ~ 233.99 ~ 236.13

S1/S2/S3/S4 @ 229.21 ~ 228.39 ~ 227.07 ~ 224.93

“We are all apprentices in a craft where no one ever becomes a master.”
     -Ernest Hemingway-

 

The SPY ended the week up 0.16% @ 229.34

Long term uptrend. Intermediate term uptrend.

SPY (>) Weekly Swing Pivot (WSP) @ 227.73

SPY ~ GTPivots ~ Pivot S/R Confluence Yearly/Monthly/Weekly

spy-gtpivots-2417

Weekly Pivot Point @ 228.40

R1/R2/R3/R4 @ 229.64 ~ 230.40 ~ 231.63 ~ 233.63

S1/S2/S3/S4 @ 227.17 ~ 226.41 ~ 225.17 ~ 223.18

“We are all apprentices in a craft where no one ever becomes a master.”
     -Ernest Hemingway-

 

SPY ~ Updated Pivots for the month of February. If there is continued failure at the YR1, look for potential support at the Pivot Support Zone displayed on the chart. Trade Safe

spy-gtpivtos-2117

 

The SPY ended the week up 0.85% @ 228.97

Long term uptrend. Intermediate term uptrend.

SPY (>) Weekly Swing Pivot (WSP) @ 226.93

SPY ~ GTPivots ~ Pivot S/R Confluence Yearly/Monthly/Weekly

spy-gtpivots-12817

Weekly Pivot Point @ 227.98

R1/R2/R3/R4 @ 229.68 ~ 230.73 ~ 232.42 ~ 235.17

S1/S2/S3/S4 @ 226.29 ~ 225.24 ~ 223.54 ~ 220.80

“We are all apprentices in a craft where no one ever becomes a master.”
     -Ernest Hemingway-

 

The SPY ended the week down 0.07% @ 227.05

Long term uptrend. Intermediate term uptrend.

SPY (>) Weekly Swing Pivot (WSP) @ 225.91

SPY ~ GTPivots ~ Pivot S/R Confluence Yearly/Monthly/Weekly

spy-gtpivots-12117

SPX ~ Pivot S/R Confluence Yearly/Monthly/Weekly

spx-yearly-pivots-12117

Weekly Pivot Point @ 226.49

R1/R2/R3/R4 @ 227.21 ~ 227.66 ~ 228.39 ~ 229.56

S1/S2/S3/S4 @ 225.76 ~ 225.31 ~ 224.59 ~ 223.41

“We are all apprentices in a craft where no one ever becomes a master.”
     -Ernest Hemingway-

 

The SPY ended the week down 0.07% @ 227.05

Long term uptrend. Intermediate term uptrend.

SPY (>) Weekly Swing Pivot (WSP) @ 225.49

SPY ~ GTPivots ~ Pivot S/R Confluence Yearly/Monthly/Weekly

spy-gtpivots-11417

Weekly Pivot Point @ 226.49

R1/R2/R3/R4 @ 227.44 ~ 228.03 ~ 228.98 ~ 230.52

S1/S2/S3/S4 @ 225.54 ~ 224.95 ~ 224.00 ~ 222.46

“We are all apprentices in a craft where no one ever becomes a master.”
     -Ernest Hemingway-

 

The SPX trend continuation would need to break and close above 2278 on a weekly time frame. Otherwise we may see another long drawn out correction/consolidation before the uptrend continues.

 

spx-key-levels-11217

 

The SPY ended the week up 1.65% @ 227.21

Long term uptrend. Intermediate term uptrend.

Happy New Year!

SPY (>) Weekly Swing Pivot (WSP) @ 224.71

SPY ~ GTPivots

spy-gtpivots-1717

Weekly Pivot Point @ 226.28

R1/R2/R3/R4 @ 227.76 ~ 228.67 ~ 230.15 ~ 232.54

S1/S2/S3/S4 @ 224.80 ~ 223.89 ~ 222.41 ~ 220.02

“We are all apprentices in a craft where no one ever becomes a master.”
     -Ernest Hemingway-

 

The SPY ended the week down 0.97% @ 223.53

Long term uptrend. Intermediate term neutral.

Happy New Year!

SPY (>) Weekly Swing Pivot (WSP) @ 223.46

SPY ~ GTPivots

spy-gtpivots-123116

Weekly Pivot Point @ 224.33

R1/R2/R3/R4 @ 225.86 ~ 226.80 ~ 228.33 ~ 230.80

S1/S2/S3/S4 @ 222.80 ~ 221.86 ~ 220.33 ~ 217.86

“We are all apprentices in a craft where no one ever becomes a master.”
     -Ernest Hemingway-