SPY (
SPY) – Multi-Timeframe Volatility Channel Analysis
SPY remains inside a well-defined ascending volatility channel across all key timeframes (2h, 4h, Daily, Weekly), confirming a strong bullish structure with clear institutional control.
🔸 Short-Term (2h – 4h):
Consolidating between 590 and 605, with recent rejection from upper bounds.
Multiple PUT positions triggered near 599 and 603, suggesting institutional hedging.
Key support: 590. Below that, watch for downside toward 586 or 576.
🔸 Mid-Term (Daily):
Bullish channel still intact.
As long as price holds above EMA20 at 585.77, the trend remains bullish.
Breakout above 608 opens targets toward 611 (gap) and then 617–620.
🔸 Long-Term (Weekly):
Weekly channel projects targets up to 635 if structure holds.
Strong institutional resistance zone between 607 and 611.
SPY) – Multi-Timeframe Volatility Channel AnalysisSPY remains inside a well-defined ascending volatility channel across all key timeframes (2h, 4h, Daily, Weekly), confirming a strong bullish structure with clear institutional control.
🔸 Short-Term (2h – 4h):
Consolidating between 590 and 605, with recent rejection from upper bounds.
Multiple PUT positions triggered near 599 and 603, suggesting institutional hedging.
Key support: 590. Below that, watch for downside toward 586 or 576.
🔸 Mid-Term (Daily):
Bullish channel still intact.
As long as price holds above EMA20 at 585.77, the trend remains bullish.
Breakout above 608 opens targets toward 611 (gap) and then 617–620.
🔸 Long-Term (Weekly):
Weekly channel projects targets up to 635 if structure holds.
Strong institutional resistance zone between 607 and 611.
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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.
Disclaimer
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.