KaroleinD

SPY Key levels for 25.05.2018

AMEX:SPY   SPDR S&P 500 ETF TRUST
Key levels for SPY are

ADX is currently over 13 ( over 25 signals a strong trend 13 shows that this is currently somewhat flat) DMI+ is over 26 DMI- is over 23

SPY also closed over the 200/50/20/10 moving averages which can still indicate a bullish trend.

Support levels are $269.83/$270.76/$271.33

PIVOT $272.27

Resistance is currently at $273.2/$273.77/$274.71/$276.19

Over $273.2 can indicate a continuation for an uptrend.

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