SPY – Where to Next?

By Licia Leslie

October 3, 2025

Hi Shoppers,

 

Now that the SPDR S&P 500 ETF Trust (SPY) has traded to the top of the pitchfork and honored that resistance, where do we go from here you ask?

 

We add another pitchfork to extend our price targets:

Now SPY has to close over our $670.80 resistance to continue on to its next leg higher.

 

Once that happens our next level of resistance is at $674.57.

 

If we continue to rollover and trade lower small support is at $667 and then back to our $662 level.

 

Below there will be the 21 day moving average which lines up perfectly with the bottom of our new pitchfork.

 

I just LOVE when that happens! AMAZING!

 

Thank You For Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Head of Technical Analysis

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Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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