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{"id":55611,"date":"2025-04-07T17:56:04","date_gmt":"2025-04-07T17:56:04","guid":{"rendered":"https:\/\/bestlifeschedule.com\/2025\/04\/07\/dp-trading-room-key-support-levels-for-the-spy\/"},"modified":"2025-04-07T17:56:04","modified_gmt":"2025-04-07T17:56:04","slug":"dp-trading-room-key-support-levels-for-the-spy","status":"publish","type":"post","link":"https:\/\/bestlifeschedule.com\/2025\/04\/07\/dp-trading-room-key-support-levels-for-the-spy\/","title":{"rendered":"DP Trading Room: Key Support Levels for the SPY"},"content":{"rendered":"

<\/p>\n

The market is in a tailspin as tariffs add volatility to the market. Carl and Erin believe the SPY is in a bear market given key indexes like the Nasdaq are already in bear markets. It’s time to consider where the key support levels are.<\/p>\n

Carl addressed his thoughts of where key support lies on the SPY during our question section of the trading room. You’ll also get his insight on current market conditions with his review of the market indicators in general as well as a look at Yields, Bonds, Crude Oil, Bitcoin among others.<\/p>\n

During the review he pointed out how the members of our 26 indexes, sectors and groups are faring from their recent highs. Many are in bear markets.<\/p>\n

After his market analysis, Carl walked us through the Magnificent Seven which are currently all in bear markets with declines of more than 20% or more. He analyzed both the daily and the weekly charts to give us perspective and support levels.<\/p>\n

Erin took the controls and gave us her view of sector rotation using the Price Momentum Oscillator (PMO) sort to bring the strong sectors to the top and the weaker sectors on the bottom. The results were not surprising.<\/p>\n

Finally, the pair finished with a look at viewer symbol requests.<\/p>\n

01:03 DP Signal Tables<\/p>\n

05:05 Market Overview<\/p>\n

18:55 Magnificent Seven<\/p>\n

25:42 Questions (including Key Support Levels)<\/p>\n

34:10 Sector Rotation<\/p>\n

42:26 Symbol Requests<\/p>\n

<\/p>\n

<\/div>\n

<\/p>\n


\n

The DP Alert: Your First Stop to a Great Trade!<\/h2>\n

Before you trade any stock or ETF, you need to know the trend and condition of the market. The DP Alert gives you all you need to know with an executive summary of the market’s current trend and condition. It not only covers the market! We look at Bitcoin, Yields, Bonds, Gold, the Dollar, Gold Miners and Crude Oil! Only $50\/month! Or, use our free trial to try it out for two weeks using coupon code: DPTRIAL2. Click HERE<\/a> to subscribe NOW!<\/p>\n


\n

<\/p>\n

Learn more about DecisionPoint.com:<\/strong><\/p>\n

<\/div>\n

<\/p>\n


\n

<\/h4>\n

Watch the latest episode of the DecisionPoint<\/em>Trading Room<\/em> on DP’s YouTube channel <\/strong>here<\/strong><\/a>!<\/strong><\/h4>\n

<\/p>\n


\n

<\/a><\/p>\n

Try us out for two weeks with a trial subscription!<\/h2>\n

Use coupon code: DPTRIAL2 Subscribe HERE<\/a>!<\/h2>\n
\n

Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin<\/strong><\/p><\/blockquote>\n


\n

(c) Copyright 2025 DecisionPoint.com<\/strong><\/p>\n


\n

Disclaimer:\u00a0This blog is for educational purposes only and should not be construed as financial advice. The ideas and\u00a0strategies should never be used without first assessing your own personal and financial situation, or without consulting a\u00a0financial professional.\u00a0Any opinions expressed herein are solely\u00a0those of the author, and do not in any way represent the views or opinions of any other person or entity.<\/em><\/strong><\/p>\n

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.<\/em><\/strong><\/p>\n


\n

Helpful DecisionPoint Links:<\/u><\/strong><\/p>\n

Trend Models<\/strong><\/a><\/p>\n

Price Momentum Oscillator (PMO)<\/strong><\/a><\/p>\n

On Balance Volume<\/strong><\/a><\/p>\n

Swenlin Trading Oscillators (STO-B and STO-V)<\/strong><\/a><\/p>\n

ITBM<\/strong><\/a> and <\/strong>ITVM<\/strong><\/a><\/p>\n

SCTR Ranking<\/strong><\/a><\/p>\n

Bear Market Rules<\/a><\/p>\n


\n

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The market is in a tailspin as tariffs add volatility to the market. Carl and…<\/p>\n","protected":false},"author":0,"featured_media":55612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,2],"tags":[],"class_list":["post-55611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-pick","category-stock"],"_links":{"self":[{"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/posts\/55611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/comments?post=55611"}],"version-history":[{"count":0,"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/posts\/55611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/media\/55612"}],"wp:attachment":[{"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/media?parent=55611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/categories?post=55611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bestlifeschedule.com\/wp-json\/wp\/v2\/tags?post=55611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}