SPY
November 14, 2023 15 Minutes
SPY
as expected Took support around 438 levels and made a high 441.3 levels. Now we take 2 fibs.
The rise 433.39 to 441.33
The rise from 438.42 to 441.33
For the short term must hold 439.5 levels.
We have 200 rising upwards. It is now around 436 levels.
Elliott oscillator green, Stochatics has a black bar on top.
CCI with the Oscillator suggested a pullback as the price was high and the oscillator did not.
I expect today to hold 439 - 439.5 levels
SPY
to target 442.5 + levels. On the downside I expect 437-438 to hold as it is 200 averages in 15 and 5 minutes respectively.