$SPY February 5, 2025
SPY February 5, 202515 Minutes.
Moving averages have converged.
Need to hold 598 today.
For the fall 609*.18 to 595.5
SPR has retraced 61.8% to 602 levels yesterday.Hence a pull back.
SPY forming HH Hl pattern.Long bars have sorted out.
Above 602.5 we have a target 604-605 levels.
If 597 is broken 595 will be support as of now which is 61.8% retracement for the last rise from 590.5 to 602.31.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.