SPY 209.69 = the potential tap and down setup using one of the daily SPY upper Bollinger Band values at this moment - I have exited both day trade and swing long SPY positions and reversed to day trade short just now ... will not stay short if much distance above 209.69 is achieved later
* buyers need to defend pullbacks to 209.62 in order to keep the push to even higher prices intact the rest of today -- see the 15min chart
SPXEW $3223.78 = the March intraday low
* which is now of high interest because that potential horizontal resistance is slightly below the current values of the upper Bollinger Band 21,2 and 50,2 settings shown in the daily chart below:
chart #2 - updated SPY 30-min chart using 20,2.5 BB settings:
* buyers need to defend pullbacks to 209.62 in order to keep the push to even higher prices intact the rest of today -- see the 15min chart
SPXEW $3223.78 = the March intraday low
* which is now of high interest because that potential horizontal resistance is slightly below the current values of the upper Bollinger Band 21,2 and 50,2 settings shown in the daily chart below:
chart #2 - updated SPY 30-min chart using 20,2.5 BB settings:
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