SPY sellers need to defend the 210.56 level during bounces rest of today -- see the 15min chart
* SPXEW has already tested and briefly held the November 3rd low, while SPY has yet to complete the test from above
SPY day low so far is 210.01 which matches the value of the 60min rising 21sma -- buyers need to defend the rising 21sma on the 60min chart during future pullbacks
updated SPXEW 2-hour chart -
* Alert - SPXEW has been unable to firmly hold above its 200-day sma, except briefly this week
$3242 = the SPXEW 200-day sma
* SPXEW has already tested and briefly held the November 3rd low, while SPY has yet to complete the test from above
SPY day low so far is 210.01 which matches the value of the 60min rising 21sma -- buyers need to defend the rising 21sma on the 60min chart during future pullbacks
updated SPXEW 2-hour chart -
* Alert - SPXEW has been unable to firmly hold above its 200-day sma, except briefly this week
$3242 = the SPXEW 200-day sma
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