1
Looking at SPY Resistance around 752
Watching $SPY closely here as it's testing the 752 area. We've seen a few rejections there in the past week, and while the momentum is strong today, that level could prove sticky again. If it pushes decisively above 752.50 on good volume, then a move towards 755-758 becomes more likely. Conversely, a failure to hold above 751 could see it drift back towards the 748-749 range for retesting. My bias is to see how it consolidates here rather than chasing. I'm keeping an eye on that 752.50 level as the line in the sand.
0 comments · 1 points