SPY
March 8, 2024. 15 Minutes.
SPY
opened with a gap. I closed around 514.2 levels.
SPY
ended the day with support multiple times on the top rectangle box drawn around 514 levels. Considering the rise of 508.52 to 515.89 holding 512 levels uptrend continues.
Also due to the gap and holding 514 levels the oscillator also made a high along with the price.
I went long around 515 levels for a target 519-520 SL 512.
We are supported by indicators Elliott oscillator green, CCI green, and black bar on stochastic is on top.