$SPY November 26, 2025

26 Kas

SPY November 26, 2025

Gap up was not sustained.
HL is still maintained.
For the rise 587.42 to 600.86 need to hold 594-596 levels for uptrend to continue in 15 minutes.

That retracement will also be 100 averages in 15 minutes.

Assuming 587.43 to 600.86 as wave 3, being a long one I expect wave to be small move from 601-603 levels.

Provided 594 is held.

Still for me not a chart to short. At the moment.