$SPY November 25, 2024

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SPY November 25, 2024

15 Minutes

On Friday as expected 596 was done.
A box is formed. tight sideways move.

So, on Monday for the rise 584.64 to 596.15 holding 591 levels uptrend will continue in 15 minutes time frame.

Noe for the 611.07 to 583.8 SPY has retraced more than 61.%. So, for the moment any retracement I expect 584 to hold on downside.

In 60 minutes, time frame for the move 567.89 to 600.17 to 583.86 61.8& extension is around 603 levels.
That is the first target for me.

Also, in 15 minutes taking 2 LL at 584.02 and 584.64 and high at 591.06 first target of extension value 596 is done.

The second target here too is 603 levels