SPY
November 16, 2023
15 Minutes.
As expected not much movement to the upside.
Nor any retracement.
Now SPY in 15 minutes is less than 9,21 and 50 averages.
It looks like a retracement will happen today.
I am expecting 446-447 levels.
As you can see for the 2 rise
433.39 to 451.37
440.1 to 451.37
we have a fibo meeting at 444.5 levels.
No trade da for me.
15 Minutes.
As expected not much movement to the upside.
Nor any retracement.
Now SPY in 15 minutes is less than 9,21 and 50 averages.
It looks like a retracement will happen today.
I am expecting 446-447 levels.
As you can see for the 2 rise
433.39 to 451.37
440.1 to 451.37
we have a fibo meeting at 444.5 levels.
No trade da for me.
Also in daily stochastics, the black bar has come on top. So any retracement is a buy as of now.
Trend change below 440-438 levels on a closing basis.