SPY Direction movement
SPY Direction movement. Consolidation with a rise or down to check the channel.
Highest black line was the Top of week of Jan 22 consolidation and also the floor of consolidation of week of Feb 5 and where we have tested it as the bottom Feb 14th and this week before it's uptrend with NVDA beating earnings by 2B
I don't know where we go but whos selling? maybe SPY 510 to test the top or pull back to 502 before bouncing? Who knows.
Highest black line was the Top of week of Jan 22 consolidation and also the floor of consolidation of week of Feb 5 and where we have tested it as the bottom Feb 14th and this week before it's uptrend with NVDA beating earnings by 2B
I don't know where we go but whos selling? maybe SPY 510 to test the top or pull back to 502 before bouncing? Who knows.
Penafian
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