SPY update 7/4
D:
Sentiment: Above Neutral
Trend: up
Flow: N/A
Support: 548 b\o resistance turned support test/ 530 UTL
Resistance: 580 UTL
4hr:
Sentiment: Bearish
Trend: up
Support: 540-543
Resistance: 560
1hr:
Sentiment: above neutral
Trend: up
Support: 550psych/UTL
Resistance: 552 UTL
Analysis:
Sentiment not much of a factor here considering that we can stay hot longer than expected and other than 4hr others are above neutral. Nice b/o on daily has room to run higher if data comes out + for SPY Friday. Just like Qβs Iβd like a retest of b/o zone for a long
Sentiment: Above Neutral
Trend: up
Flow: N/A
Support: 548 b\o resistance turned support test/ 530 UTL
Resistance: 580 UTL
4hr:
Sentiment: Bearish
Trend: up
Support: 540-543
Resistance: 560
1hr:
Sentiment: above neutral
Trend: up
Support: 550psych/UTL
Resistance: 552 UTL
Analysis:
Sentiment not much of a factor here considering that we can stay hot longer than expected and other than 4hr others are above neutral. Nice b/o on daily has room to run higher if data comes out + for SPY Friday. Just like Qβs Iβd like a retest of b/o zone for a long
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