SPY 2022.06.21 gap up opening premarket analysis

By dylanmojo
50DMA down
20DMA down
5DMA down
Price is set to open gapped up and ready to test the 5DMA + Fed VWAP + COVID low VWAP. Will price break through and use these levels as support? If it does the next target up is the VWAP off the most recent daily leg up, and a possible gap fill from the Fed decision day to the next trading day. If not, then those lines may become resistance. We'll see! No swing trade safe set ups. Intraday trade targets presented in the video.
Chart PatternsmultitimeframeanalysispremarketlevelsSPDR S&P 500 ETF (SPY) Trend Analysis
dylanmojo

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