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 aktif
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
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
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
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.