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Trading SPY, And Top Tech Stocks Today Using Technical Analysis
Benzingaยท2025-07-23 13:20

Market Overview - The Market Clubhouse highlights key trading levels for major stocks including SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, using a proprietary formula that considers price, volume, and options flow [1][2]. SPDR S&P 500 ETF Trust (SPY) - SPY is trading near 631.30, with bullish targets at 632.55 and 634.09, potentially reaching 635.79 if momentum continues [2][3]. - If SPY falls below 631.30, sellers will target 630.24, with further downside risks to 628.95 and 627.21, potentially reaching 625.66 [3]. Invesco QQQ Trust Series 1 (QQQ) - QQQ is at 562.35, with bullish targets at 564.28 and 566.76, aiming for 573.44 if buying is strong [4][5]. - A failure to hold 562.35 could lead to a drop to 560.60, with further targets at 559.46 and 557.74, potentially reaching 556.73 [5]. Apple Inc. (AAPL) - AAPL is trading near 215.32, with bullish targets at 216.63 and 217.95, aiming for 219.58 if buying persists [6][7]. - If the support at 215.32 fails, sellers will target 214.32, with further downside risks to 213.44 and 212.06 [7]. Microsoft Corp. (MSFT) - MSFT is at 507.21, with bullish targets at 509.11 and 510.98, potentially reaching 513.42 with sustained buying [8][9]. - A drop below 507.21 could see targets at 506.04, 504.49, and 501.60 [9]. NVIDIA Corporation (NVDA) - NVDA is trading around 168.39, with bullish targets at 169.43 and 170.80, potentially reaching 173.80 [11][12]. - If it cannot hold above 168.39, sellers will target 166.19, with further risks to 164.68 and 162.38 [12]. Alphabet Inc Class A (GOOGL) - GOOGL is near 192.04, with bullish targets at 193.09 and 194.96 if buying is strong [13][14]. - A failure to maintain 192.04 could lead to targets at 190.93, 189.82, and 188.09 [14]. Meta Platforms Inc (META) - META is trading near 708.95, with bullish targets at 711.66 and 713.61, potentially reaching 718.90 [15][16]. - If support at 708.95 fails, sellers will target 705.04, with further risks to 702.58 and 700.58 [16]. Tesla Inc. (TSLA) - TSLA is around 333.14, with bullish targets at 335.42 and 339.10, potentially reaching 347.28 [17][18]. - A breach of 333.14 could lead to targets at 331.30, 329.46, and 328.07 [18]. Economic Calendar - The economic calendar is subdued, with the June Existing Home Sales report at 10:00 AM ET and the Treasury's 20-Year Bond Auction at 1:00 PM ET, which may influence market sentiment [19][20].