Thursday Long SPY Bias

2022년 6월 29일

After today's choppy price action, there were several upper level liquidity levels that have formed, most clearly on the 15m chart. Tomorrow, expecting MM's to sweep these levels up, potentially as high as the 384-385 OB from Tuesday. I'll be intraday long on SPY - but my expectation is that after the sweep into the OB, we'll see further weakness and potentially a break of today's lows. Volatility could give us plenty of trading opportunities - over the next few days looking for a sweep of the lows to confirm lower high on the daily, which could suggest a retest of 360s.