$SPY December 23,2024
SPY December 23,202415 Minutes
The gap down at open managed to retrace 61.8% of the fall 605.67 to 580.91
For me trend is down as below all moving averages.
For the rise 580.91 to 595.75 it is important to hold 587-588 levels today.
Base is under formation after the big fall.
I have no trade today.
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