Monthly still inside with Bullish Quarterly/6month
Spy has a solid reversal weekly pattern out the .50 Quarterly zone. Although we missed our entry last week, it’s still a solid play for continuation.
Price Targets
- $404.93
Price holds over $404.93 it will continue to the upside targeting the following
Price Targets
- $410.49 which is the monthly 2up trigger
*Invalidates under $386.66
How we will play?
Expansion-if we get that push and hold over $399.79, we will enter a position to target price targets
Rejection- if price rejects here, then we will look to potentially grab position out the Daily/Weekly retest zone $396.84 $392.69
Micro Chart View
