SPY Performance this last month has been excellent making moves in days that would normally take months. We went long at the dip at $412 back on October 30 as We were going to have the season Halloween effect where stocks make gains then get shorted as we near dec for a momentary dip as healthy pullyback for the follow year these are early signs of a bull run. We opened at 453.18 with premarket high of 455.12 before dumping to $452.06 will get fakeout as they'll want to position themselfs in longer puts position which will drag us a total of -3.50 from open taking it to $450 zone then follows $448.77 and with NVDA earnings will drag the market down to $440
Nota
SPY Seems to be being manipulated they don't want it to fall just yet might be after they hit the upcoming pivots at 457/462 NVDA Earnings is concerning
Nota
SPY Reached a new High of day yesterday $453.40 it pulled back to $453 before reclaiming $453.55, We're essentially after $454.60 which will take us to $456.20 then $460-462 before pullback down to $440 level.
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