SPY
March 5, 2024 15 Minutes.
SPY
broke 513.29 but the bar on retest went back into the box. I expect 508-509 levels once 512 is broken on the downside.
We have 507 as 9 MA on the daily time frame.
At the moment holding 510.5 uptrend continues, and if retrace back to 508 levels we will have a target of 512-513 levels for the upmove, consolidate, and move upwards.
I expect Wednesday to be a trending day based on today's close.