If SPY drops to 490, that's nearly a 20% decline from its 611.39 peak. The 490–500 zone may stabilize recent volatility, but if it breaks, watch 470 — a key support and 20% below last year’s close.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.