RiderTrader

$SPY July 9, 2023

Short
BATS:SPY   SPDR S&P 500 ETF TRUST
SPY July 9, 2023

15 minutes.
SPY resisting the fall.
Gap up was not strong.
As per my previous day analysis i am short.
I will cover around 553 levels.

I feel SPY extended in all time frames and expect 553 levels which is 200 MA in 5 minutes.

Being a trader only on moving averages and Fibs i always liked my prices not extended far off.
And we have an oscillator divergence.

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