Tag
round number test
2 posts tagged “round number test”
April 17, 2026Morning
SPY Technical Analysis — April 17, 2026 Morning
SPY cleared $700 after four touches this week, rallying 48 points in 8 sessions off Monday's $659 low. But only 58% of the up-days had real volume backing, and Friday's gap higher came on light pre-market participation. The level flipped; the volume question didn't.
▲ $705.00▼ $685.00
April 16, 2026Morning
SPY Technical Analysis — April 16, 2026 Morning
SPY tagged a new 11-month high at $700.28 Wednesday and closed $699.94 — but buyers couldn't hold the round number. Five green sessions, volume fading each day, and the Fed's own report says companies are in wait-and-see mode on Iran. The question heading into the open is whether buyers clear $700 decisively or $679 gives.
▲ $700.00▼ $679.00