$SPY August 2, 2024
SPY August 2, 202415 Minutes
SPY was not able to hold 554 555 levels.So, it gave a chance to said earlier it closed below 21 moving averages.
For the day taking the fall 554.86 to 539.43 then 546-548 will be a good level to short.
So, holding 541 -542 today I will try for a sell on rise.
On other side if close below 539 as said earlier I will aim first for 536 levels which is at the moment 200 average in 180-minute timeframe.
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