$SPY January 7, 2025
SPY January 7, 202515 Minutes.
Yester opened gap up. But was not strong and started to reverse.
So today holding 594-595 is important.
It represents 23% retracement for the rise 580 to 599.
Today buy will be above 598.5 and the moment I see 592 strong supports being 200 averages in 15 minutes.
If you can go down to 5 minutes, we opened above 200 and retraced back to 200 support and was up above 200 averages in 5 minutes the whole day.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.