The SPY has reached the ML1 Level at 378.40. The downside limit is 309.31. The strongest markets do not tend to pull back all that much. A move to the downside limit would reduce the likelihood of a close above ML1.
Quantitative Analytics for Intra-Day Traders
The SPY has reached the ML1 Level at 378.40. The downside limit is 309.31. The strongest markets do not tend to pull back all that much. A move to the downside limit would reduce the likelihood of a close above ML1.