$SPY December 26, 2024
SPY December 26, 202415 Minutes.
I had expected 200 averages in 15 minutes to be resisted. It broke and held on to that for more than 2 hours on the 24th of December.
For the rise 592.25 to 601.34 it is important to hold 597 levels for uptrend to continue. It is also 21 averages in 15 minutes.
For the larger rise 580.91 to 601.34 holding 593-594 is crucial to hold.
Above 603 I expect a 3 to 5 $ move which was resisted earlier before the fall.
At the moment I will sell only below 588 for good 10$ move. 575-578 is a crucial number to hold on downside.
In daily uptrend is intact.
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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.