#SPY #SPDR #S&P500 Outlook as on March 19, 2025

#SPY ETF made a high of US $ 576.41 March 25, 2025 against expected target 1 of $ 579 and turned around. I have noticed that ETFs are not moving as much as compared to the underlying assets they are based upon. For future updates I will directly be referring the underlying S&P 500 index data.

=======================

 #SPY #SPDR #S&P500 Outlook as on March 19, 2025

hashtaOutlook as on EOD March 18, 2025

Outlook - Bullish
CMP US $ 567.13
Medium term Target - 579, 588

Note - My last post on SPY based on EOD March-7,2025 was Bearish the CMP at that time was 575.92 with target of 545 but market turned back after making lows of 549.68.

Note - Not a trading recommendation. Not expecting target to be achieved in case of change of market sentiments.

Comments

Popular posts from this blog

Next 20 days Outlook of Nifty based on Patterns from Historical Price Data as on EOD Jan-15-2024

Probability Insights of Nifty for 21-Aug-2023 #nifty

Name analysis of Infosys and Infy based on Vyakran Shashtra