SPY Primary Trend is still UP

• The recent breakdown from the steeper uptrend could lead to a pullback to $550-$530.
  
• If SPY holds above $550, it may recover towards $580-$600.
  
• A break below $530 could signal a deeper correction.
  
• As long as SPY holds the primary trend line (~$520), the bullish uptrend remains intact.
  
• If it reclaims $600+, it could aim for new all-time highs above $620+.