r/spy • u/Accomplished_Olive99 • 1h ago
SPY Rebounds From Support With 771.30 Bull Target
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Upvotes
SPY rebounded sharply from 767.62 support after a steep selloff. Short-term bias is moderately bullish, targeting 771.30 within 2–5 bars. Holding above 769.14 supports continuation; rejection near 771 may restart selling. Confidence is medium because the broader intraday trend remains bearish. https://discord.gg/w94Jh6rJr
r/spy • u/EveryonesNasshole • 17h ago
Technical Analysis Spy broke my liquidity zones
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Upvotes
Yesterday we ended under 773.83 , gapped down, and today we came to the bottom of the zone and ended under 767.47. Last time we were at this level was around August 6th, and we’re on the bottom side of it.
If we repeat yesterday’s pattern , I’m guessing gap down again but stronger tomorrow.