2690.16 = the SPX level bulls must surpass on a lasting basis, OR this upside is not going to last
see the "reply to post" for chart
chart #1 -
I like this /ES emini chart by eminiwizard:
chart #2 - after this SPY gap fill progresses, the bulls want to see the daily PPO actually hold above its zero line for a period of days OR price will likely not hold this upside
chart by Arthur Hill -
chart #3 -
SPY 270.19 = horizontal resistance immediately above today's pre-market SPY high of 269.44
SPY 270.43 = 1st gap fill level from the daily chart shown on this weekly chart ... bulls still have much to prove based on all the weekly chart elements, so vigilance time whether a near-term bull or bear
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.