The x30 pain was confined to the overnight session, it was certainly playable to buy the late morning rally today. The x00 is a buy signal but the good entry was around 304 at 2PM, 307 seems a lot higher. There is a chance for a reversal on Tuesday, sort of the flip side of… Continue reading 6/15/20 Probable x00
Day: June 15, 2020
6/15/20 SPY 300
Not exactly shocking to see support here at the 52 week simple moving average at a round number. This level was important for the initial leg down for the week of February 24 and the next twitchy week saw it close around there. Notice the furious subsequent rally stopped here except for the poke above… Continue reading 6/15/20 SPY 300
