SPY (S&P500 ETF) - Price Bouncing Up from Support after News

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SPY (S&P500 ETF) price has bounced up from the $593 support level after recent global news (de-escalation news).

Price action has slowed and consolidated in June 2025, and the S&P500 is still maintaining a price uptrend.

The 50EMA and 20EMA Golden Cross is still active and in progress (since May 2025).

The next stock market earnings season is not for another 3 months. Inflation, interest rate news, global events, government news, corporate news will continue to affect price volatility this summer.

Resistance Levels: $604, $610, $612, $619.

Support Levels: $600, $593, $586, $579.

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