SPDR S&P 500 ETF Trust
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$SPY Analysis, Key Levels & Targets for Day Traders Feb 12

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We've been consolidating sideways here a bit and slightly up and if you look at the moving averages that’s the same. Slightly up and sideways.
We have a green signal line on the day here.


35EMA is above the 30min 200 even though it looks weak its still above and that is bullish. Downtrend above us here and then ash’s are at the top of the trading range.

Bull gap underneath us with the support of the 50DMA

CPI and Jerome Powell today so Trade carefully.
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Did you guys SEE that 50DMA bounce 💃🏻

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