Whale Accumulation Post-Selloff: SPY Range and Resistance Levels
At the moment, we're seeing accumulation by the whales following a recent sell-off, which also filled the gap from 2/10/2025. It's important to note that this was a sell-off with no significant downward momentum. For a clearer picture of the accumulation, check the lower timeframes (1-5 minutes). The price remains within the current SPY range. On these shorter timeframes, we could see a push towards the resistance level at 599.40, followed by a move to 600.57.
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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.