The SPY has reached the ML1 Level up at 379.47. The Downside Limit is 377.04. The strongest markets do not tend to pull back all that much. If the SPY reaches the downside Limit, the likelihood of a close above the ML1 would diminish greatly.
Quantitative Analytics for Intra-Day Traders
The SPY has reached the ML1 Level up at 379.47. The Downside Limit is 377.04. The strongest markets do not tend to pull back all that much. If the SPY reaches the downside Limit, the likelihood of a close above the ML1 would diminish greatly.