SPY
February 6, 2024
I will consider the rise
482.89 to 496.06
490.23 to 494.18
And the fall from 496.06 to 490.23
Holding 492 uptrend is intact.
489-492 is a very good support level.
I expect a one-sided move tomorrow if 491 is held today.
100 and 200 averages are around 490 levels in 15 minutes.
So that level should provide strong support for the uptrend.
I will consider the rise
482.89 to 496.06
490.23 to 494.18
And the fall from 496.06 to 490.23
Holding 492 uptrend is intact.
489-492 is a very good support level.
I expect a one-sided move tomorrow if 491 is held today.
100 and 200 averages are around 490 levels in 15 minutes.
So that level should provide strong support for the uptrend.