$SPY - Trading Levels for March 13 2025

Alright, y’all. We are dangling, unsupported underneath the 200DMA and that Bear Gap. I am trading cautiously today because inflation data days I tend to make a lot of mistakes.

35EMA - this level is a BEAST. We were unable to get above it yesterday. Trace it back 3 weeks and you’ll see it’s been there every time to push us back lower.

I will be looking to the outer spreads and even then I might push it out a little.

If and when I take a position I will update it here.

GL, y’all.