SPDR S&P 500 ETF TRUST

SPY update 7/4

133
D:

Sentiment: Above Neutral
Trend: up
Flow: N/A
Support: 548 b\o resistance turned support test/ 530 UTL
Resistance: 580 UTL

4hr:
Sentiment: Bearish
Trend: up
Support: 540-543
Resistance: 560

1hr:
Sentiment: above neutral
Trend: up
Support: 550psych/UTL
Resistance: 552 UTL

Analysis:

Sentiment not much of a factor here considering that we can stay hot longer than expected and other than 4hr others are above neutral. Nice b/o on daily has room to run higher if data comes out + for SPY Friday. Just like Q’s I’d like a retest of b/o zone for a long

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