$SPY April 24, 2024

Apr 24

SPY April 24, 2024

15 Minutes.

SPY has managed to hold 493 levels.
50-day average in daily.

in 15 minutes forming HH HL pattern.
Moving averages are getting sorted out.

For the day holding 501-502 levels, for the rise 498.91 to 506.09 uptrend in intact.

So, on downside 500 is a crucial level to hold.
On upside resistance is around 509-510 levels as it is 61.8 retracement for the fall 519.47 to 493 levels.

As of now long only above 514-515 levels with target towards ATH.