$SPY September 30, 2024

Sep 29

SPY September 30, 2024

15 Minutes

For the fall 574.21 to 570.42 572 is a good level to short.

First target is 569.5 to 570 levels.
SPY seems to have lost momentum on Friday. Looks highly possible to touch 200 averages in 15 minutes.

This retrace will allow SPY to begin next move upwards as in daily also it is around 9 ema around 569 levels.

So initially a retrace to 568-570 is good to consolidate.

Monday no trade day for me.