SPY December 19, 202415 Minutes.
The breakdown below 598 was expected to be bad. But this was brutal.
Chart completely messed up.
Needs days to align again.
There was a 30$ difference in daily between 9- and 100-day averages. Hence, I was very hesitant in going longs.
No trade day today for me.
Any retracement up to 598 is a sell.
As can be seen all bars had close near bottom. Very rare to get chart like this.
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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.