$SPY to possibly breathe to 297.50 to rope in shorts (and squeeze bulls).
Green niner on both the daily and $ES.
The previous green niner on $SPY allowed us to retrace ~5%- if this were to happen again it would place the $SPY at 286- however I see this highly unlikely given the major psychological level at 300 and recent 200-day MA break.
Could be wrong of course, *not investment advice.
From there will look to go long.
Green niner on both the daily and $ES.
The previous green niner on $SPY allowed us to retrace ~5%- if this were to happen again it would place the $SPY at 286- however I see this highly unlikely given the major psychological level at 300 and recent 200-day MA break.
Could be wrong of course, *not investment advice.
From there will look to go long.