SPY
March 24, 2024 15 Minutes.
As expected 523 was done.
Consider the rise from 511.13 to 524.01 and the rise from 515.08 to 524.01.
SPY
has retraced 23.6% of the latter. Holding 515-517 levels uptrend to continue.
Monday and Tuesday I expect a consolidation in the levels 517.5-524 levels so the moving averages can catch up.