SPY
April 25, 2024 15 Minutes.
As expected,
SPY
managed to hold 502 levels. Foe the day holding 504 levels I expect 507 to cross towards 510 levels as initial target.
If 504 is broken on downside I expect 501-502 as target. So, I feel not much worth shorting today.
Based on opening 15 minutes today should be a trending day one sided.
Moving averages have converged.
How ever I will go long only above 514-515 levels.