SPY February 25, 202515 Minutes
As expected,
SPY retraced and fell back. Took support at 596 levels.592 is downside target for the extension 610.70 to 596.48 to9.47 to 603.02.
For the fall 603.02 to 596.48
SPY retraced 78% to around 601 levels. And made nearly double bottom around 596 levels.At the moment upside is limited to 603 levels being 20 averages in 5 minutes.
Trend is down until 610 is taken out.
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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.