SPY December9, 202415 Minutes.
As can be seen in chart
SPY struggling around 608 609 levels.The retracement i was expecting due to oscillator did not happen but it resulted in sideways movement.
For the rise 597.28 to 609.07 604.5 is approximately 38.2% retracement.
Also for the fall 609.07 to 607.07 to 608.38 605 is 1.618 times extension on reversals.
At the moment
SPY is converged in 3 moving averages 9,21,50.We have 100 averages sat 606 levels.
That is my first target for the moment.
Day is still strong, and I have 635-640 as target.
We have 606 as 9 averages in day so that should give good support on a reversal.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。