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$SPY June 11, 2024

Long
SPDR S&P 500 ETF TRUST (BATS:SPY)  
RiderTrader  
BATS:SPY   SPDR S&P 500 ETF TRUST
Fibonacci Rectangle Moving Averages
3
2
fibonacci rectangle movingaverage
SPY June 11, 2024

15 Minutes.

SPY held 532 and did not cross 536.5.

Big consolidation in 15 minutes.

All averages except 200 have converged in 15 minutes.

So, holding 532 I expect 539-540 as target now, today or tomorrow. (Tuesday or Wednesday), as nearly 5 days of consolidation in 15 minutes.

And on breaking down 532, target is 530 being 200 averages.

So not time to short.
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