
Zoom in on $SPY 4hr and 641.72 was tested premarket for the second time this week (during premarket). This is where Trump pumped the market. Will he do it again?

3 STACKS@3StacksAndre
Look at $SPY weekly. It already hit the full measured move from covid low to high at the -0.786 fib (685.69) and stalled around there. It's now coming back down to test the next Fib extension -0.618 (641.72). If this does not hold buckle up. I wouldn't be surprised to see a sweep below this fib then a pop for at least a technical bounce.
English













