07/09 SPY Levels and ATR Ranges
Big Pappa Pump is talking this morning, SPY ATR is at 4.27$
We got big reports happening on Thursday, but other than that the reports are pretty weak. Looking for a pull back and bounce round 553.92 as low at 551.11 if we pull further I am really looking for the bounce around 551.11 yesterdays low of the day.
If we get upside action we are certainly going past 556.65, especially if we pop past 555.48 with volume and price action the BIDs gotta pull waaaay past the ASK - possibly 559.44 area before we go back to test 556 area.
SCALP
SR2 557.69
SR1 557.14
SPOP 556.58
LAST PRICE 556.03
SBREAK 555.48
SS1 554.92
SS2 554.37
STANDARD
R2 561.58
R1 559.44
POP 558.16
LAST PRICE 556.03
BREAK 553.92
S1 552.23
S2 551.11
We got big reports happening on Thursday, but other than that the reports are pretty weak. Looking for a pull back and bounce round 553.92 as low at 551.11 if we pull further I am really looking for the bounce around 551.11 yesterdays low of the day.
If we get upside action we are certainly going past 556.65, especially if we pop past 555.48 with volume and price action the BIDs gotta pull waaaay past the ASK - possibly 559.44 area before we go back to test 556 area.
SCALP
SR2 557.69
SR1 557.14
SPOP 556.58
LAST PRICE 556.03
SBREAK 555.48
SS1 554.92
SS2 554.37
STANDARD
R2 561.58
R1 559.44
POP 558.16
LAST PRICE 556.03
BREAK 553.92
S1 552.23
S2 551.11
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