The SPY (SPDR S&P 500 ETF Trust) has been experiencing resistance at the $514.96 level, with a potential entry point just above this resistance zone. 1
Additionally, the SPY's support price is $510.00 and resistance is $516.72, based on a 1-day standard deviation move. 2
It's important to note that the stock's recent volatility has been relatively high, so it's possible that these levels may shift or be tested throughout the week.
Investors should continue to monitor the SPY's performance and consider these levels when making trading decisions.
Source:
1.
spdr s&p 500 etf trust (spy)
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