RiderTrader

$SPY 9 February 2024

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BATS:SPY   SPDR S&P 500 ETF TRUST
SPY 9 February 2024

15 Minutes.

As expected 496 levels were held. Did not break that number.
A full day of sideways consolidation.

I think today is the day for 502-504 levels provided 496.5 is held being a 38.2% retracement for the last rise.

Holding the longs to exit around 504 levels +- 1$.

The black bar on the stochastics is still on top, the Elliott Oscillator is negligible indicating a big one-sided move and CCI is green.

Sit back and watch day for a possible history of 500 in SPY.

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