$SPY January 28, 2025
SPY January 28, 202515 Minutes
The divergence paid off again.
Now we again wait for moving averages 9 and 21 to go above 50,100 and 200 to initiate any longs.
For the fall 608.15 to 594.64 61.8% retracement is around 602-603 levels.
A good level to short SL 605.5.
I expect sideways today.
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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.