$SPY November 19, 2024

kelmarin

SPY November 19, 2024

15 Minutes

for the rise 574 to 600 it retraced back 61.8% to 584 levels.

For the fall 595 to 583 it retrace 61.8% levels to 589.5 yesterday.

The range give earlier buy above 583 for 589 590 is done.

For the last rise 583.86 to 589.48 SPY retraced 50% to 587 levels.

So, holding 586 we will have a target 589-592 levels now.

In 15 minutes 9,21,50 all is consolidated so I expect a move Upwards to 590 levels.

Also 588.5 is 200 averages in 5 minutes.