1. SPY trading near 623.32, eyeing 624.57 resistance level. 2. Key support levels for SPY hitting 626.11 and 620.97. 3. Market sentiment shifts can drastically affect SPY levels. 4. Jobless claims data today may influence SPY's direction. 5. Other major stocks like AAPL and MSFT also under monitoring.
The positive momentum towards 624.57 indicates increased buying interest. Historical instances show that once SPY crosses key resistance, further bullish behavior can follow.
The article contains actionable levels and market sentiment which influence SPY directly. Key supports and resistances merit a significant score due to their impact on short-term trading strategies.
Current price levels are set for immediate trading volatility. Soon-to-follow economic data may create rapid price movements.