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Benzinga
118 days

Technical Analysis For Trading SPY And Top Tech Stocks Today

1. SPY trading near pivot point at 539.25; bullish targets at 540.07 and 541.49. 2. Failure to hold 539.25 may push SPY towards 538.30 and 537.20. 3. Economic data and influential speeches today could increase market volatility. 4. Success above 540.07 may extend gains to 542.93 and 544.04. 5. Bears could drive prices lower to targets around 536.31 and 534.17.

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FAQ

Why Neutral?

Current market levels showcase resistance and support but lack definitive momentum.

How important is it?

Market conditions and data releases are relevant for SPY price movement today.

Why Short Term?

Upcoming economic signals may influence SPY movement significantly in the near term.

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