$SPY
March 01 2023
15 Minutes
As we can see it is still in sideways in range between 402 - 393
In the rise from 393.64 to 401.28 it has retraced 61.8% and broke too
So for today as long as $SPY is less than 397.5 it will be downtrend.
Must hold 393 levels this week.
Also, in daily 100 and 200 MA are near 391-393 levels.
Important to hold this.
No trade for me yet.
March 01 2023
15 Minutes
As we can see it is still in sideways in range between 402 - 393
In the rise from 393.64 to 401.28 it has retraced 61.8% and broke too
So for today as long as $SPY is less than 397.5 it will be downtrend.
Must hold 393 levels this week.
Also, in daily 100 and 200 MA are near 391-393 levels.
Important to hold this.
No trade for me yet.