$SPY Analysis, Key Levels & Targets for Day Traders for Feb 7 20AMEX:SPY Analysis, Key Levels & Targets for Day Traders for Feb 7 2025
Alright, y’all, ATH’s are back in the trading range today.
We have a downtrend line off of ATH’s midway through the range and then ATH’s, and 612 as the top of the implied move for the day.
Underneath we have the 35EMA -which we bounced on yesterday - and the 30min 200 for support.
Under all of that we have the 50 Day Moving average.
Easy Trading range today.
Bullish moving averages but they are close together and that means that could change.