$SPY December 11, 2024
SPY December 11, 202415 Minutes.
Short still on.
For the last fall 606.44 to 602.14 61.8% retracement is 604-605 levels.
I expect resistance on retracement around those levels.
Since price below 200 averages downtrend intact in 15 minutes time frame.
On downside 599- 600 is a good level to cover short.
It is also 100 averages in 60 minutes time frame
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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.