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Benzinga
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How To Trade SPY And Top Tech Stocks, As March Housing Starts Fall 11.4%

1. SPY targets bullish momentum at 530.09, with pivotal support at 528.66. 2. Market volatility anticipated due to options expiration and economic data releases. 3. Key price levels for major stocks could influence overall market sentiment. 4. Significant market reactions expected from jobless claims and Federal Reserve insights. 5. Monitored stocks include AAPL, MSFT, NVDA, GOOGL, META, and TSLA.

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FAQ

Why Bullish?

Current technical analysis shows potential upward momentum in SPY. Historical patterns suggest that strong daily pivots often guide short-term trends positively.

How important is it?

Article discusses critical market indicators directly linked to S&P 500 constituents. Economic data and stock pivots could sway investor sentiment significantly.

Why Short Term?

Immediate influences from economic data and options expiration suggest volatility. Past trading patterns often reflect quick shifts based on similar catalysts.

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