TradeHorde's multi-model system has generated 9 signals on SPDR S&P 500 ETF Trust (SPY), with transparent outcome tracking on every resolved setup.
Latest forecast: Bearish at 68% conviction based on consensus across 3 frontier models.
Track record on SPY: 78% win rate across 9 resolved signals with an average R-multiple of +1.6.
SPDR S&P 500 ETF Trust • NYSE
One model warns that SPY is currently overbought with an RSI above 70, placing the price at the upper end of its recent range and vulnerable to a pullback. Despite positive earnings from Target and Lowe's, there is concern that these reports lack the momentum to sustain the current trend. Furthermore, the rapid drop in oil prices and geopolitical shifts may trigger a short-term market correction rather than a continued rally.
All three models agree that SPY is supported by a key structural zone between $737 and $741.25, with a path toward the $749.53 resistance level within 1-2 trading days. This outlook is driven by a confluence of geopolitical de-escalation in Iran lowering oil prices and strong earnings beats from Nvidia, Target, and Lowe's. Technical indicators including the MACD, RSI, and SMA20/50 confluence suggest a breakout is likely if the $742.50 resistance pocket is reclaimed.
| Symbol | Dir | Result | Return | R | Closed |
|---|---|---|---|---|---|
SPY | Short | Loss | -0.3% | -0.5R | 1d ago |
SPY | Short | Win | +1.0% | +2.7R | 10d ago |
SPY | Long | Win | +0.5% | +1.7R | 35d ago |
SPY | Short | Loss | -0.4% | -0.5R | 52d ago |
SPY | Short | Win | +1.4% | +1.7R | 63d ago |
SPY | Short | Win | +1.7% | +2.0R | 105d ago |
SPY | Short | Win | +2.3% | +2.4R | 105d ago |
SPY | Short | Win | +1.8% | +2.5R | 105d ago |
SPY | Short | Win | +2.2% | +2.4R | 105d ago |