SPY closed around 737.5 on June 5, placing it almost exactly at the 78.6% retracement of the entire May-to-June advance.
We plan to adopt the Bullish Scenario in this analysis, as it is slightly favored.
The broader trend remains upward:
1. SPY recently made new all-time highs.
2. The S&P 500 had a multi-week winning streak and recorded fresh records in late May and early June.
As Bulls, we want the following:
1. Hold above 737.7 (78.6%)
2. Reclaim 742.5 (61.8%)
3. Break above 746–749
4. Then retest 753.6
5. Eventually challenge 760.4 ATH
If 737–738 holds this week, a move back toward 750–754 is a reasonable near-term target.
We plan to adopt the Bullish Scenario in this analysis, as it is slightly favored.
The broader trend remains upward:
1. SPY recently made new all-time highs.
2. The S&P 500 had a multi-week winning streak and recorded fresh records in late May and early June.
As Bulls, we want the following:
1. Hold above 737.7 (78.6%)
2. Reclaim 742.5 (61.8%)
3. Break above 746–749
4. Then retest 753.6
5. Eventually challenge 760.4 ATH
If 737–738 holds this week, a move back toward 750–754 is a reasonable near-term target.
Trade ist aktiv
The past week, 
SPY broke below the $737 - $738 level mentioned as a key level for a bullish outlook. Nonetheless, the trade looks favorable for a short-term retest of $749, given positive news on the US/Iran war and earnings in July. I would be careful as Quadwitching occurs on 18 JUN, as we may experience high volatility.
Options Workshop - 18 July 2026 at 10M EST
1. Options Courses - skool.com/lyns-investments-7455/classroom
2. Free Discord group - discord.gg/ZbNpYbaen3
Zoom link: us06web.zoom.us/j/83097084565?pwd=KXb57MxxWYDWQvxCFlAWfTo4tukIH6.1
1. Options Courses - skool.com/lyns-investments-7455/classroom
2. Free Discord group - discord.gg/ZbNpYbaen3
Zoom link: us06web.zoom.us/j/83097084565?pwd=KXb57MxxWYDWQvxCFlAWfTo4tukIH6.1
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Options Workshop - 18 July 2026 at 10M EST
1. Options Courses - skool.com/lyns-investments-7455/classroom
2. Free Discord group - discord.gg/ZbNpYbaen3
Zoom link: us06web.zoom.us/j/83097084565?pwd=KXb57MxxWYDWQvxCFlAWfTo4tukIH6.1
1. Options Courses - skool.com/lyns-investments-7455/classroom
2. Free Discord group - discord.gg/ZbNpYbaen3
Zoom link: us06web.zoom.us/j/83097084565?pwd=KXb57MxxWYDWQvxCFlAWfTo4tukIH6.1
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.