SPY key levels and target hit $577
$SPDR S&P 500 ETF Trust(SPY)$ key levels and target hit $577 🎯
1. Exhaustion gap at $570-$577 to be filled
2. 200SMA at $575.50 watch for weakness
3. $580 top 1HR level of resistance (if we bounce this is the target)
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$S&P 500(.SPX)$ The world's biggest bank JPM has a massive SHORT CALL position at 5905 expiring June 30th.
JPM wants SPY to stay under this level no matter what it takes. Jamie Dimon said there is a 50% chance of recession this year.
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