$SPY US-Iran Narrative: From Breakdown Risk to Rebound Targets
$SPDR S&P 500 ETF Trust(SPY)$
US-IRAN (trading) analysis for 2026:
1. Explained as soon as 20SMA crosses below 50SMA (a sell off would trigger) 10 days before war.
2. Distribution was forming and key level breakdown and RETEST for confirmation was $680 towards $630 and possibly $620.
3. Pointed out $630-$635 would be a super strong level of buyer and institutional demand to add.
4. Alerted to everyone on March 31 to start going long and BOTTOM of SPY would be EARLY APRIL.
5. Gave key levels for SPY charting and direction of market based on US-IRAN narrative.
6. Shared last week with everyone target for this week is $690 and we'd be bullish too.
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