SPDR S&P 500 ETF TRUST
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SPY Lovers ! Bullish and Strong but wait... there is a challenge

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There's really not much to analyze here. As we can see on the chart, SPY remains strong and in an upward direction.

What I'm expecting: I'm waiting for the price to reach my 565.16 zone as a rejection or liquidity point so that it can regain strength and eventually break through the zone later on.

Other than that, there's not much to analyze—SPY remains strong.

The challenge this week will be reaching new highs, as we have very important economic news coming up, which could bring a lot of volatility.

We'll see what happens this week.
Thank you for supporting my analysis.

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