SPY Thu 9-25

9-25: The afternoon liftoff took the 15 min RSI back to +70 as expected, right into resistance at 199.50-199.60. I think a test 198.50-198.70 is likely and should resolve some of the overbought condition. Action there may determine if 50 MA (197.82) will be tested again today/tomorrow. If support holds at 198.50 then a retest of 200.31 becomes likely. Otherwise 197.8, then 196.60

Upside target: 200.30
Downside target: 198.60, 197.82, 196.60

UPDATE: Two downside targets hit in first 40 min. Next up 196.60?
UPDATE 2: Final downside target of the morning hit. Bonus target 195.75 up next?
15 min RSI moved from 73 to 23 in 55 min.
HUGE move. 196 does not look to be in cards today.
SMP99 leokaplin
Look at 15 min chart of April 3rd to April 11 SPY. It had a very swift 50% retrace of a down move. Followed by a new low. We seem to be following that move but on a faster time scale. 196.50 may this afternoon or in the morning
GREAT CALL!!!! if today 196.60.. then what?
SMP99 leokaplin
IF 196.60ish fails, we get 195.75
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out