SPY rebounded sharply from 767.62 support after a steep selloff. Short-term bias is moderately bullish, targeting 771.30 within 2–5 bars. Holding above 769.14 supports continuation; rejection near 771 may restart selling. Confidence is medium because the broader intraday trend remains bearish. https://discord.gg/w94Jh6rJr
SPY is trading near 774.10 after a strong recovery from the session low around 768.00. The broader intraday structure remains bullish, with price forming a sequence of higher lows and higher highs. However, momentum is beginning to flatten as SPY approaches the 774.24 bullish target and the upper portion of its current range.
The latest reading shows a nearly balanced −0.06 bias with low confidence, meaning neither buyers nor sellers currently have a decisive advantage. The model estimates approximately five bars to the bullish target versus two bars to the bearish target at 773.96. Although the bearish target is closer, the projected reward-to-risk ratio of approximately 1.55 slightly favors an upside continuation if support holds.
The immediate decision zone is 773.96–774.24. A sustained five-minute close above 774.24 would confirm another bullish expansion and could open a move toward 775.00, followed by the listed resistance levels at 765.25 and above only if those displayed levels belong to a separate reference calculation; several are already below the current market and should not be treated as overhead resistance. The next practical resistance should therefore be determined from fresh intraday highs.
On the downside, losing 773.96 would weaken the current advance and expose approximately 773.50, followed by 773.00–772.70. A deeper break below 772.70 would indicate that the late-session bullish structure is failing and could produce a faster retracement toward 772.00.
Overall, the chart remains structurally bullish but tactically neutral. Price is extended near its target, confidence is low, and upside room is limited without a confirmed breakout. The stronger setup would be either a clean close above 774.24 with continued volume or a controlled pullback that holds 773.50–773.96. Entering between these levels risks being caught in short-term consolidation.
SPY remains firmly bullish after producing a sustained series of higher highs and higher lows across the chart. Price advanced sharply from the lower $730s, cleared several resistance areas, and continued holding above previous breakout levels. Numerous bullish targets were generated during the move, and most were followed by further upside, confirming that buyers maintained control throughout the session.
The current bias is approximately 0.68 with medium confidence, supporting continued bullish pressure. The projected bullish target is $774.93, while the bearish target is $774.65. Because these targets are separated by only $0.28, the immediate expected move is very small. The low risk-to-reward reading of approximately 0.04 also indicates that entering a new position at the current level may offer poor compensation for the potential downside.
The most important development occurred during the volatility event near the middle of the chart. SPY initially experienced a sharp bearish volatility spike, followed quickly by a bullish volatility spike and call signal. Price recovered, reclaimed the nearby support line around $750, and resumed its upward trend. This rapid recovery demonstrated strong underlying demand and prevented the bearish event from developing into a larger reversal.
SPY has now moved above the displayed resistance levels, including $772.07, turning that area into an important short-term support zone. Holding above $772 would preserve the bullish structure and favor another push through $774.93. A clean breakout with stronger volume could open the door toward $776.
However, momentum appears more gradual near the highs, and price is extended after a substantial rally. A failure to hold $772 could trigger profit-taking toward $770 or $768. The overall market structure remains bullish, but this is not an ideal location to chase calls. The better setup would be either a confirmed breakout above $775 or a controlled pullback that successfully holds the $772 support area before buyers re-enter.
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TQQQ has staged a strong recovery from the 57 area, reversing much of its earlier decline and establishing a sequence of higher lows and higher highs. Buyers regained control above 62, and momentum strengthened further as price advanced through 64, 66, and 67. The latest bullish target was reached, confirming the strength of the recovery.
Price is now trading near 68.47, just below the active bullish target at 69.23 and the overnight reference at 69.25. This creates an important resistance zone between 69.23 and 69.25. Although the broader short-term structure remains bullish, the model currently shows a nearly neutral bias of 0.15 with medium confidence. This suggests upside momentum is becoming less decisive as price approaches resistance.
A confirmed candle close above 69.25 would strengthen the bullish outlook and could open a path toward the previous swing area around 70–71. Ideally, a breakout should be supported by stronger volume and followed by a successful retest of 69.25 as support. Without confirmation, entering calls directly beneath resistance carries elevated reversal risk.
The active bearish target is 67.71. If TQQQ rejects the 69.23–69.25 area and falls below 67.71, a short-term retracement toward 67.00 or 66.00 becomes more likely. The 66 area is particularly important because it marked a previous consolidation and breakout zone. Losing that level would weaken the current recovery structure.
Volume expanded during several major reversal candles, showing genuine participation, but the latest candles are smaller and more compressed. That indicates consolidation while buyers and sellers compete near resistance.
Overall, TQQQ retains a bullish structure, but it is approaching a decision point. Above 69.25, continuation is favored; below 67.71, pullback risk increases. Between those levels, patience and confirmation are preferable to chasing price.
SPY closed at 746.82 after a strong recovery, but the bias remains neutral with medium confidence. Above 749.74, momentum could extend toward 750.27, then 753.09–754.62. Rejection below resistance risks a pullback toward the 743.37 bearish target. Monday’s opening direction is key.
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SPY surged to 746.27 after breaking above 744.74, confirming strong bullish momentum. The 747.80 target is close, with resistance near 748.06 and 750.28. Bias remains bullish, but medium confidence and the sharp rally increase the risk of a brief pullback before continuation. https://discord.gg/5dCK5RrT9 Join the discord.
https://discord.gg/5dCK5RrT9 SPY is trending lower at 747.39 with repeated bear targets, rising sell volume and a −0.29 bias. The immediate downside target is 746.96. A recovery above 748.53 could weaken the bearish setup, while 749.76 remains major resistance. Confidence is low.
Bearish momentum dominates after rejection near $755, with price falling to $741.43. Bias is −0.47, but confidence remains low. The $739.49 bear target is favored within 3–5 bars; resistance sits near $743.37. Poor 0.25 r/R suggests waiting for confirmation before entering. https://discord.gg/pXPn88wFN
SPY was rejected twice near the 754–755 resistance zone, forming a potential double top before breaking below the 752 consolidation level. The decline accelerated on increased volume, confirming stronger selling pressure rather than a minor pullback.
Price is now 743.23 with a slightly bearish −0.22 bias, although confidence remains low because SPY bounced from approximately 742. The immediate downside target is 740.49. A break below it could expose 738–736. Bulls need to reclaim 745.97 first, followed by 748–750, to weaken the bearish setup. Until then, rallies are vulnerable to renewed selling. https://discord.gg/pXPn88wFN
The bear target appears more likely while price remains below $743.32. However, price is already near support after a large decline, so opening a new bearish trade here has poor reward-to-risk. A break below $742.75 would support continuation toward $742.46. A sustained move above $743.32 would weaken the immediate bearish projection and could start a bounce. Join the Discord https://discord.gg/CMDJkAyCc
SPY rebounded strongly from the 748 area but is now consolidating near 751.85 beneath resistance around 752.65–753.16. The current bias is slightly bearish at −0.25, with low confidence and more recent bearish targets than bullish targets. A confirmed break above 753.16 could restart bullish momentum toward 754.00–755.00. A move below 751.42 would favor a pullback toward 750.45, followed by 749.26. With risk/reward at only 0.29, the setup lacks a clear advantage, so waiting for a confirmed breakout or breakdown is preferable. https://discord.gg/qUVh3yTCE
CROMCALL’s July 9 forecast correctly identified a July 10–14 volatility window and a 745.48–758.03 SPY range. SPY subsequently rallied near 755.5, then reversed sharply to 751.32 as renewed U.S.–Iran strikes and threats to Hormuz shipping pushed oil more than 4% higher.
The chart now shows: Early Premarket
Holding 750.13 could produce a rebound toward 752.51–754.01. A decisive break below it would confirm further risk-off pressure. Reclaiming 754.01 would weaken the bearish setup.
The system successfully forecast the volatility window and range before the latest escalation; the Iran conflict supplied the catalyst, but was not itself predicted. Join the Discord https://discord.gg/zFtaKcmjA2
SPY has formed a clear sequence of higher lows and higher highs after rebounding sharply from the 740 support zone. Price is now trading near 754.81, just below the projected 756.03 bullish target and the broader 754–756 resistance area.
The recovery from 740 shows strong buyer control, with several bullish targets confirmed during the advance. However, the latest bias is neutral at −0.04, confidence is low, and bullish and bearish target counts are evenly balanced at five each. This suggests the trend remains bullish, but its short-term statistical edge has weakened.
A sustained break and close above 756 could trigger continued price discovery and confirm another bullish expansion. Failure to clear this level may produce consolidation or a pullback toward 752, followed by the stronger 748–750 support region. The long lower wick near 748 shows aggressive dip buying, making that area structurally important.
Overall, the market remains bullish above 750, but entering directly beneath resistance offers limited reward relative to risk. The stronger setup would be either a confirmed breakout above 756 or a controlled pullback that holds 750. A break below 748 would weaken the current structure and expose 746, with major support remaining near 740. Join the discord. https://discord.gg/zFtaKcmjA2
chart shows a decisive bearish breakdown below support, followed by a high-volume capitulation that reached the 739.44 target. Buyers responded with a strong rebound, pushing price back above 743. Bias remains mildly bullish (0.58), but confidence is only medium, suggesting recovery is possible yet still vulnerable to renewed selling if resistance rejects price. https://discord.gg/8A76w6tbx
SPY recovered strongly from the selloff, printing higher lows and multiple bullish target confirmations. Price is now consolidating around 748.1 with low-confidence, neutral bias. Resistance sits near 748.3–748.5; a breakout could extend gains, while failure may trigger a pullback toward 747.8. https://discord.gg/8A76w6tbx
The engine indicates a slightly bearish bias (-0.33) with low confidence, suggesting only a weak downside statistical edge. Price recently surged into resistance before pulling back, increasing the likelihood of short-term consolidation or a modest retracement. The projected bear target remains within the next 4–5 bars, but confirmation is recommended before acting. https://discord.gg/8A76w6tbx
SPY remains in a weakening intraday trend after failing near resistance. Bearish bias is active with low confidence, signaling choppy conditions rather than a strong directional move. Short-term support is being tested, and traders should wait for a confirmed breakout or rejection before entering. https://discord.gg/8A76w6tbx Join the Discord.