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SPY is going to 580
SPDR S&P 500 ETF TRUST
Long
SPY is going to 580
By Francis_Trdz
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Oct 8, 2024
3
Oct 8, 2024
SPY
broke above the flag on the 4H and the next resistance is the 580 defined by the trendline.
There is also a lot of call flow for 580 expiring this October 25th so that will be a
Unless Bears can smash it below 572, the trade idea still stands
The 580 will also take it over the monthly bollinger bands and setup the market for a nice reversal
Chart Patterns
SPDR S&P 500 ETF (SPY)
Trend Analysis
Francis_Trdz
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