Brettcorr64

Brettcorr64

SPY chart with macro levels- nothing more than that! Just key levels, this is meant for studying purposes.

Brettcorr64

Love PYPL here at the 200 level, sitting above trend and at the 50% retracement.

Brettcorr64

See notes on chart. For educational purposes only.

Brettcorr64

Possible Hypotheticals are shown in the chart. A bounce and reclaim of 200MA is a great indication of a positive outlook for SPY. FIrst possible scenario is we bounce off the 390 level and head back down to support and trade within channel. Second possible scenario is we hold the 200MA and reclaim the 390 level, bounce off the previous level of 395, then...