$SPY December 11, 2024

11 בדצמ׳

SPY December 11, 2024

15 Minutes.

Short still on.
For the last fall 606.44 to 602.14 61.8% retracement is 604-605 levels.

I expect resistance on retracement around those levels.

Since price below 200 averages downtrend intact in 15 minutes time frame.

On downside 599- 600 is a good level to cover short.
It is also 100 averages in 60 minutes time frame