SPY February 4 202515 Minutes
Yesterday Gap down was not held.
590 was protected.
The number to watch at the moment is 586 on downside.
For the fall 609.72 to 590.5 602 is 61.8% retracement.
Since
SPY below all moving average 602 will provide a good level to short today.If we take the last rise 590.5 to 600.29 594-595 will be good level to go long for 600-602 level as target SL 592.
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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.