SPY - What Comes Next? 450 Bounce Scenario
Might see one final retest of the yellow channel bottom on the way down ~464, might not
Support 456 - 50D EMA
Support @450 - Previous rally highpoint
Support @448 - Bottom of red channel
I'll be watching 450 very closely for my next play.
Ghost feed is a possible future based on a scenario where we bounce off 450.
Looking for confirmation of a bounce on 450. Likely to play that with some calls in the January / 470 range.
Support 456 - 50D EMA
Support @450 - Previous rally highpoint
Support @448 - Bottom of red channel
I'll be watching 450 very closely for my next play.
Ghost feed is a possible future based on a scenario where we bounce off 450.
Looking for confirmation of a bounce on 450. Likely to play that with some calls in the January / 470 range.
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