Four trade setups for next week

4 trade setups for the week ahead

March 16, 2025

DJIA (US30 CFD)

DJIA is bouncing from the 40660 level of the uptrend support line and it is testing the falling wedge resistance.

TRADE SETUP: SHORT SL 40540 TP 42800

DJIA trade setup

SPY (SPDR ETF)

SPY is bouncing off the long-term uptrend line support 550 and is going for a test of 564 resistance which needs to be broken for an upside extension.

TRADE SETUP: LONG SL 542 TP 600

SPY trade setup

AMZN

AMZN is testing the support of 190 and we are seeing a bounce so far. A break above 203 is needed for an upside extension.

TRADE SETUP: LONG SL 187 TP 230

AMZN trade setup

COPPER

COPPER is breaking above the strong resistance of 4.8600 and is going for a test of 5.

TRADE SETUP: LONG SL 4.7000 TP 5.1400