SPDR S&P 500 (SPY)

[imiloa]

SPY plunged down to ~475.20 @ 15:50 ET
but bounced steeply into the close from there.

looks like prior 475 R is now S
despite SPY not respecting that notion
for most of the trading day...

anticipating bullish CPI tmrw
which could mean another decent rally day.
but we're nearly back to 480 ATH (all-time high) levels now,
so we might find some legacy R levels up to ~480.

thereafter would be blue-sky breakout
for the bots to manip higher at will.
esp if the fomc coos dovish into spring.