The following are the pivot points for the SPDR S&P 500 ETF Trust (SPY). Pivot High: $559.97, Pivot Low: $547.97. 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:
- Why Former U.S. Treasury Secretary Summers Sees a 50% Recession Risk
- Navarro tells CNBC 50% Canadian steel, aluminum tariffs not being imposed
- Trump says ‘may back off’ doubling Canada metals tariffs, Bloomberg reports
- Premier of Ontario says to suspend 25% surcharge on electricity exports
- Ukraine says ready to accept U.S. proposal for 30-day truce, Bloomberg reports
Questions or Comments about the article? Write to editor@tipranks.com