$SPY February 27, 2025

699
SPY February 27, 2025

60 Minutes.

The move to 598-599 and a retrace to 592-594 levels was completed yesterday.

Now for the fall 613.23 to 589.56 i expect a retracement around 598-600 levels being 38.2 and 50 percent retracement moves.
At the moment is trend is down.
Uptrend only above 608 levels.

601-604 levels should be a good level to short again.

In 60 minutes, we have 50,100,200 averages converging around 603-604 levels which is the next area of resistance.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.