SPY intraday quick analysis

26 apr 2022

Looking at the spy it seems like we will attempt to hit our next major support around 415.70-416 area , I am watching 420/419 area to confirm that next move. Bears are in full control up until 424 area, keep that in mind. Remember we are definitely in a chop zone . We could easily bounce up and break vwap and come back down, I dont reccomend playing april 27th, Further out the better to secure premiums. Goodluck, not investment advice just my opinion