SPY
December 14, 2023 15 Minutes.
SPY
refusing to retrace. Big moves. with Volume. There is a 10$ difference between a high of the day and 200 averages in 15 minutes.
It is unsustainable in a short time frame as low as 15 minutes.
Today we had a bar in 15 minutes which made the day high and closed at the low of the bar. The fourth bar from close. So 471 needs to cross for uptrend else a retrace to 468 levels.
Trend change is only below 465 levels as of now.
Once more Wednesday made some $$ in the $SPY. Even though it was post-lunch.
The target 470 I achieved. I expect before moving towards 479 levels a small consolidation as the move from 454 to 470 was swift.