Looking at these levels for SPY. If it breaks this 30 min / 1hr trend to the upside, I see it reaching the supply zone I have drawn out. Another hint would be to follow the direction of fibs, bollinger band expansion (allowing room into the supply zone).
Past few days indicate a possible leap over night. We'll see by the last 15-20 minutes of close... Estimated new open at 396-397. Feel free to share thoughts and ideas to help me improve. AMEX:SPY
Wanted to share this to spark some thought... Noticed a gradual increase in the angle per bounce for SPY . Angle grows consistently by 2-3% Let me know if you think there's a way to improve this idea!