SPY Thu 9-25
9-25: The afternoon liftoff took the 15 min RSI back to +70 as expected, right into resistance at 199.50-199.60. I think a test 198.50-198.70 is likely and should resolve some of the overbought condition. Action there may determine if 50 MA (197.82) will be tested again today/tomorrow. If support holds at 198.50 then a retest of 200.31 becomes likely. Otherwise 197.8, then 196.60
Upside target: 200.30
Downside target: 198.60, 197.82, 196.60
UPDATE: Two downside targets hit in first 40 min. Next up 196.60?
UPDATE 2: Final downside target of the morning hit. Bonus target 195.75 up next?
Upside target: 200.30
Downside target: 198.60, 197.82, 196.60
UPDATE: Two downside targets hit in first 40 min. Next up 196.60?
UPDATE 2: Final downside target of the morning hit. Bonus target 195.75 up next?
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.