$SPY Support / Resistance Levels
Here are the levels to watch on SPY for the short trading week. Reminder the indicator is on sale this weekend use code MEMORIAL2024 see my profile for the link.
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I build tools to help traders make more informed trades. To find out more search for FrogOracleTrading on Google!
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SBFC : Your levels are trash. Literally don’t see anything that would indicate those being levels besides a high and low and a cup and handle.
like no fibs line up, no rsi movement lines up, no FVG - VI - or Gaps. Like 
frogoracletrading OP SBFC : I trade these levels successfully every day combining them with fibs and volume profile. They may not align with your strategy but they do work. Check some of my other posts where I show how I have traded them. Happy to have a discussion on how I use them if you are interested but if you have a strategy that works for you then stick with it.
SBFC frogoracletrading OP : Like I see the cup and handle. And I’ll also see the reverse. The lines on the large run. Are you saying that’s from fib. If so what level
frogoracletrading OP SBFC : I'm traveling right now but when I have a chance tomorrow I'll post a more detailed picture. If I forget just shoot me a reminder.
SBFC frogoracletrading OP : Right on
frogoracletrading OP SBFC : So this is what I am watching going into tomorrows session. 530.50 is the level to beat as it is the .618 fib and volume profile POC from the push down Thursday. If that holds as resistance we could stairstep down to test those volume nodes shown as red lines. If the market is week then we might even test the GAP below. If we break over 530.50 then next area of resistance is the red box in the 531s. Above that we will likely push over Thursday's pre market high.
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