$SPY January 9, 2025

SPY January 9, 2025

15 Minutes.

Down trend intact as of now. Yesterday high was 590 levels.
we had two LL at 586 and 585.20. We had oscillator divergence and made a high 590 giving a 4-5 $ trade.

For the fall 597.75 to 585.20 SPY retraced 38.2 levels. 591-592 is again levels to short.
In 15 minutes, buy is only above 593.5 levels for 599 as target.