T3chn0joe

Looking for SPY continuation on 3-12-24

Long
T3chn0joe Updated   
BATS:SPY   SPDR S&P 500 ETF TRUST
Looking for SPY continuation on 3-12-24

The chart shows a bounce on the 3 Day low yellow.
Pink is 8 day low
The blue line is the 5EMA on Day timeframe.
A stock with momentum typically bounces within this range.

There are a couple of EMA combo clouds 5/13 and 55/100.

The ttm squeeze set to 1 hour timeframe shows squeeze release

The bottom frame shows the RSI and %R trend

I have added trendlines for each bull push
Trade closed: target reached:
Please click the play button on the idea image
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