SPY
October 31,2023 15 Minutes.
Divergence played out well.
For the fall 421.43 to 409.22 61.6% retracement was 416.8.
Yesterday's high was 416.68.
Now
SPY
is above all moving averages except 200 in 15 minutes. Stochstics black bar on top., Elliot oscillator green, CCI green.
Holding today around 414 levels we can expect 418-419 levels, being 200 averages sloping downwards.
So for the week, 409.2 low is important for me.
I am expecting a range between 413-414 to 418-419 today.