$SPY May 21, 2024AMEX:SPY May 21, 2024
15 Minutes
For the rise 525.18 to 531.52 4SPY earlier had retraced to 527.33.
Being 61.8% retracement usually it will make double top.
On that basis AMEX:SPY hit 531.56 today.
It retraced to 529.17.
Therefore 527.33 can be treated as HL.
Now that number should hold for upt