Economic Indicators - The economic calendar for August 15, 2025, includes significant releases such as Advance Retail Sales for July, Empire Manufacturing data for August, and Import Price Index for July, which are crucial for understanding consumer spending and trade costs [1] - Industrial Production and Capacity Utilization for July will provide insights into factory output trends, while the Preliminary University of Michigan Sentiment for August will assess consumer confidence and long-term inflation expectations [2] SPDR S&P 500 ETF Trust (SPY) - SPY is currently at 644.00, with bulls aiming for a push to 645.25, a resistance level with historical bounce potential [3] - If SPY holds above 645.25, targets include 646.79 and 648.49, while a drop below 644.00 could lead to tests at 642.94 and potentially down to 638.36 [3] Invesco QQQ Trust Series 1 (QQQ) - QQQ is positioned at 580.50, a pivotal zone, with bullish targets set at 582.43 and 584.91, reflecting strong volume support [4] - If QQQ fails to maintain 580.50, bearish targets include 578.75 and 574.88, indicating potential downward pressure [5] Apple Inc. (AAPL) - AAPL is resting at 233.50, with bulls targeting 234.81 and 236.13 as key resistance levels [6] - A break below 233.50 could lead to tests at 232.50 and down to 230.24, indicating potential bearish movement [7] Microsoft Corp. (MSFT) - MSFT is holding at 522.50, with bullish targets at 524.70 and 529.01, supported by past volume activity [8] - If 522.50 fails, bearish targets include 521.33 and 516.89, suggesting possible declines [9] NVIDIA Corporation (NVDA) - NVDA is at 181.50, with bulls looking to push to 182.54 and 186.91 as upper targets [10] - A failure to hold 181.50 could lead to bearish targets at 179.30 and down to 175.49 [11] Alphabet Inc. Class A (GOOGL) - GOOGL is stationed at 201.50, with bullish targets at 202.55 and 204.42 [12] - If 201.50 weakens, bearish targets include 200.39 and 197.55 [13] Meta Platforms Inc. (META) - META is leaning on 780.50, with bulls targeting 783.21 and 788.50 as potential highs [14] - A break below 780.50 could lead to tests at 776.59 and down to 772.13 [14] Tesla Inc. (TSLA) - TSLA is at 336.50, with bullish targets at 338.78 and 342.46 [15] - If 336.50 weakens, bearish targets include 334.66 and down to 331.43 [15]
How To Trade SPY And Top Tech Stocks Using Technical Analysis