$SPY Analysis, Key Levels & Targets for Day Traders

All right guys this morning we opened with a gap down into a support gap that has the 30 minute two removing average and the one hour two and removing average and we just got above the 50 day moving average and the expected move on the day is between 595 and 601. I do believe it’s possible at this 50 day moving average holds us down, we do have a red signal line.
It’s gonna be a wild week, so don’t feel like you need to rush into any trades, there’s lots of earnings and potentially a ton of volatility. Remember, we have an island gap underneath the tuna, removing average that still needs to be filled.