$SPY June 14,2024

SPY June 14,2024

15 Minutes.

SPY made low 539.59 and did not cross 544.5.

For the holding 539.5 levels we can look forward to 545-546 range.

In 15 minutes SPY made LL 3 times, but Oscillator 5,35 has turned positive.

So based on this divergence i expect 539 to be held today as it also happens to be 21 averages in 60-minute time frame.

On downside we have strong support at 538 and 536 being 100 and 200 averages in 15 minutes.

Bias is long.