SPY Outlook – Key Levels & Probabilities
SPY is sitting on a rising trendline and testing the 647 zone near the .618 retracement. Market structure shows a tug-of-war between bulls holding trend support and sellers guarding supply overhead.
🔑 Levels to Watch
Support: 645–643 (trendline + Fib cluster), deeper at 639.3
Resistance: 651–653 supply zone, breakout target 658 (Fib extension)
Liquidity Pools: 630–628 if support fails
📊 Probabilities
Bullish Case (60%) → Hold above 643 → upside push into 652–658
Bearish Case (40%) → Break below 643 → drop toward 639, possibly 630–628
🎯 Trade Map
Long setup: Enter near 645–643, stop below 641, targets 652 → 658
Short setup: Fade rejection at 652–653, stop above 654, target 639
⚡Bias remains bullish while above 643. A clean break below flips the script bearish.
SPY is sitting on a rising trendline and testing the 647 zone near the .618 retracement. Market structure shows a tug-of-war between bulls holding trend support and sellers guarding supply overhead.
🔑 Levels to Watch
Support: 645–643 (trendline + Fib cluster), deeper at 639.3
Resistance: 651–653 supply zone, breakout target 658 (Fib extension)
Liquidity Pools: 630–628 if support fails
📊 Probabilities
Bullish Case (60%) → Hold above 643 → upside push into 652–658
Bearish Case (40%) → Break below 643 → drop toward 639, possibly 630–628
🎯 Trade Map
Long setup: Enter near 645–643, stop below 641, targets 652 → 658
Short setup: Fade rejection at 652–653, stop above 654, target 639
⚡Bias remains bullish while above 643. A clean break below flips the script bearish.
Catatan
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.