$SPY December 2, 2024AMEX:SPY December 2, 2024
15 Minutes.
AMEX:SPY is tired. 603 targets achieved. But no strength.
The move from low 595.20 to 603.35 is not smooth.
Soe the last rise fro, 587.43 to 603.35 $ SPY need to hold 598 levels being 38.2% retracement.
For the last rise 597.28 to603.35 599 must hold.
I expect AMEX:SPY to be 598.5 to 603 levels today and tomorrow so the moving averages can up as 200 moving average is around 596 levels.
Holding 598-599 my first target is 605 levels.