OakFDom

Does SPY bottom this week?

BATS:SPY   SPDR S&P 500 ETF TRUST
SPY 5/24 Levels

As SPY continues to climb and climb the bull rally has no sign of ending. We are expected to have slight weakness this week although seasonals are indicating this week is the bottom. The weekly levels are :

Market Makers Hedged - Upside $536.50 Downside $521.50
Markets Expectation - Upside $535.13 Downside $524.40
Liquidity Levels - Lay at the market expectations
Pivot - Yellow Box

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