$SPY January 28, 2025

SPY January 28, 2025

15 Minutes

The divergence paid off again.
Now we again wait for moving averages 9 and 21 to go above 50,100 and 200 to initiate any longs.

For the fall 608.15 to 594.64 61.8% retracement is around 602-603 levels.
A good level to short SL 605.5.

I expect sideways today.