SPY most likely will stay in range (yellow box)
Symmetrical to late January pattern.
I will short it at resistance around 440-444 and long at support 427-420
Thats for the rest of the week, Friday I expect sale off and Monday-tusday bigger swing to the upside.
Early March will most likely be bigger drop to 400 area.
Its a nice setup for quick trades.
Good luck
Symmetrical to late January pattern.
I will short it at resistance around 440-444 and long at support 427-420
Thats for the rest of the week, Friday I expect sale off and Monday-tusday bigger swing to the upside.
Early March will most likely be bigger drop to 400 area.
Its a nice setup for quick trades.
Good luck
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