SPY March 20, 2024

15 Minutes.

SPY opened gap down.
So closed shorts around 511.5 levels.

Consider the last rise from 511.13 to 515.99. Holding today, 514 levels I expect SPY to make one more attempt towards 518-518 levels.

SPY has closed above all moving averages. The black bar on stochastic is on top, During retracement from 515.47 to 511.13 there was no black bar at stochastic bottom. CCI is green and Elloitt oscillator is green.
FibonacciMoving Averages

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