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.
Nota
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.