SPDR S&P 500 ETF Trust
Short

SPY Know This Level

124
Today, the major stock indexes are trading sharply higher on the back of a deal in Washington DC by the politicians. Either way, the charts told us yesterday that a stock market bounce was in the cards today. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) will have some near term intra-day resistance around the $168.38 level.

NIcholas Santiago
InTheMoneyStocks.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.