$SPY September 21, 2024AMEX:SPY September 21, 2024
Daily.
I still have target 580 levels. Then a big move after consolidation.
60 Minutes
Uptrend Confirmed.
For the rise 539.95 to 572.88 holding 560-565 is crucial for further targte 580 initially.
556-558 should provide good support as it is 100 and 200 averages in 60 minutes time frame.
Now we have oscillator divergence.
SO AMEX:SPY should consolidate between 560 570 levels for 2 or 3 days.
15 Minutes.
For the rise 560.84 to 572.88 AMEX:SPY has retraced 61.8%. Hence a temporary double top around 570 levels can be expected.
We have 2 HL supported by oscillator.
At the moment 565-566 should give a good entry point. In 15 minutes weak below 563 levels as 200 averages could be broken.