Just wanted to follow up on the AMEX:SPY idea I published yesterday — this played out exactly as expected 👇🏾
We got that clean pullback right into the 588.50–589.90 buy zone, which aligned perfectly with high-volume support. From there, price reversed and gave us that upside move back toward 593+.
Even more validating: the pattern that formed was a textbook...
I’m watching the 588.52–589.94 range as a high-probability buy zone on the SPY 1-hour chart. This zone aligns with a strong volume shelf, indicating prior institutional accumulation and heavy transaction flow.
After a sharp move into the 591s, we’re seeing some hesitation and potential for a healthy pullback. The plan is to wait for price action to return to the...
