15 minutes chart
SPY fall from 407 to 398.8 yesterday
Retracement on play today as long as 399 not broken.
403.5 to 404.5 should be the target being .50% and 61% retracement for the fall.
This range should be approximately 200 MA in 5-minute frame.
First hour is crucial for this move.
SPY fall from 407 to 398.8 yesterdayRetracement on play today as long as 399 not broken.
403.5 to 404.5 should be the target being .50% and 61% retracement for the fall.
This range should be approximately 200 MA in 5-minute frame.
First hour is crucial for this move.
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