SPY January 30, 202515 Minutes.
We had
SPY between 604 and 599. But no trade as setup was difficult.We have too many long bars inside the box.
Foe the fall 610.78 to 594.93
SPY is between 599 and 605 which represents23.6% and 61.8% retracements.So, sell is below 598 and buy above 606 only.
For the day for the fall 605.38 to 599.22 604.5 need to cross for a target 606-607 levels.
If the box breaks on either side, we should get a 4 to 5 $ move.
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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.