$SPY October 25, 2023

SPY October 25, 2023

15 Minutes

Ax expected SPY was resisted around 424 levels and made a low around 420 levels.

I had a trade yesterday.
Shorted at 423.5 levels for 421.

Yesterday SPY resisted around 100 averages.
For the fall 431.8 to 417.81, we have a 61.8% retracement around 426.5 levels.
So now I have a target of 426.5 to 428 around 200 averages.

SPY forming HL, HH pattern. So holding 421.6 - 422 levels uptrend is intact in 15 minutes.

These numbers are only valid for a time frame of 15 or less.