The following are the pivot points for the SPDR S&P 500 ETF Trust (SPY). Pivot High: $600.59, Pivot Low: $588.31. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPY:
- Chinese and European Stocks Outshine U.S. Tech as “Magnificent Seven” Lose Momentum
- Trump and Zelensky’s Tense Meeting Derails Plans to Sign an Economic Pact
- Trump says Zelenskyy ‘not ready for peace’
- S&P 500 Slips Alongside Inflation Data
- SPDR S&P 500 ETF Trust: Pivot points