SPY 8/26 Scalp Plan
Watch for a clean break 344.56 above and to **hold** for it to continue to push higher. My personal PT is around the 346-347 range for SPY 346C 8/26 (0DTE)
On the downside for SPY, breaking below 344 and we'll see a nice pullback onto our support trend line from the hourly.
Supports to watch if SPY pulls back
@342.95 minor support
@342.41 minor support
@341.26 minor support
@339.60-340 strong support
***SPY LONG invalid if we break under 339.5
Dipping below 341.99 and failing to break over and we'll look to enter SPY 336P 8/28 (2DTE Swings) with a conservative SL @342.4
Watch for a clean break 344.56 above and to **hold** for it to continue to push higher. My personal PT is around the 346-347 range for SPY 346C 8/26 (0DTE)
On the downside for SPY, breaking below 344 and we'll see a nice pullback onto our support trend line from the hourly.
Supports to watch if SPY pulls back
@342.95 minor support
@342.41 minor support
@341.26 minor support
@339.60-340 strong support
***SPY LONG invalid if we break under 339.5
Dipping below 341.99 and failing to break over and we'll look to enter SPY 336P 8/28 (2DTE Swings) with a conservative SL @342.4
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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.