$SPY February 25, 2025

435
SPY February 25, 2025

15 Minutes

As expected, SPY retraced and fell back. Took support at 596 levels.

592 is downside target for the extension 610.70 to 596.48 to9.47 to 603.02.

For the fall 603.02 to 596.48 SPY retraced 78% to around 601 levels. And made nearly double bottom around 596 levels.
At the moment upside is limited to 603 levels being 20 averages in 5 minutes.

Trend is down until 610 is taken out.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.