$SPY March 6, 2025

SPY March 6, 2025

15 Minutes.

As expected, we had SPY around 575. Taking support and trying to form a base.

Important because 570 is 200 averages in daily.
Once 570 is broken we are in trouble.

Now for the rise 572.74 to 586.58 to 573.08 we can expect 588- 594 as target provided 573 is held.

We rea having oscillator divergence in 15 and 30 minutes but not in 60 minutes.

So, i expect some volatility today/tomorrow for these 575 levels.

Not the time to longs. At the moment.