$SPY July 21, 2024

SPY July 21, 2024

15 Minutes.

547 was resisted.

For the day consider the fall and rise from

547.34 to 538.51
and 538.51 to 543.66

For the fall SPY retraced nearly 61.8%.
So, for the rise must hold 541 today to target 200 averages around 546-547 again.

Downtrend in 15 minutes intact as long as SPY below 15 minutes.