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SPY (S&P500) - Resistance, Support, and Trend - 09/05/2021

SPDR S&P 500 ETF TRUST (AMEX:SPY)  
NoFomoCharts Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Support and Resistance Trend Lines Wedge SPDR S&P 500 ETF (SPY) sandp500 support levels trend uptrend Bullish Patterns Bearish Patterns
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supportandresistance trendline wedgepattern spy sandp500 support levels trend uptrend bullish bearish
The S&P500 (SPY) has been uptrending in price, on daily and weekly charts (2021).

Current price is testing the upper Trendline Resistance line.

Bullish scenario:
-SPY price breaks up above trendline resistance to test new all-time-highs.
-Resistance price targets: $453.38, $457.40, $463.83.

Bearish scenario:
-SPY price pulls back down to horizontal or trendline support price levels.
-Support price targets: $447, $440.39, $436.37.

Note: Any price close above $436.37 price level would still be a higher-low, on a weekly chart, for the S&P500 (SPY).

Comment:
Update - 09/19/2021:
-Additional Support Levels for SPY: $438, $435, $428.
Comment:
09/19/2021: SPY is currently in a short-term daily downtrend. Price is seeking to set a lower-low, then possibly bounce up again. If price does not bounce back up significantly (like Q1 & Q2 2021), a new daily downtrend could form.
Comment:
10/03/21 to 10/08/21:
-SPY (s&p500): support test, daily lower-high price potential.
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