Get started
RobertFrost

SPY going to $371 while waiting for stimulus

S&P 500 E-mini Futures (CME_MINI:ES1!)  
RobertFrost  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Fibonacci Retracement
0
0
trendanalysis fibonacciretracement
$371 looks like a level SPY would be happy at while congress debates the new stimulus check, already pulled back twice on the same catalyst, then it can run to $400 once approved. $371 has Fib support, about 8 daily candles have polarized there, and the 50day ema would be nearing that point over the next month.
Disclaimer

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.