A quiet week with loud catalysts.
Three Fed speakers, one CPI, and one earnings print that matters more than the others. Setup is plain. Here is how I’m walking into Monday.
SPY Levels & Scenarios
| Level | SPY | Note |
|---|---|---|
| R2 | 572.40 | Last week’s high. Untested liquidity above. |
| R1 | 569.80 | Friday’s rejection. Most likely cap on a slow Monday. |
| PIVOT | 568.10 | 5-day VWAP. Coin flip — I do nothing here. |
| S1 | 566.60 | Wed close. First place I look long after a flush. |