SPY Bounce Analysis – Rally Or Trap?

By Ryan Mallory of SharePlanner

Wednesday, April 2, 2025 3:00 AM EDT

Man, Computer, Stock Trading, Iphone, Hands, Finance

Image Source: Pixabay

SPY has bounced for two straight days, but traders are wondering if this rally is legit. In this video, I dive into the technical details of the S&P 500 chart, breaking down key resistance and support levels, and sharing my take on whether this bounce can stick or if it’s just another trap.

Video Length: 00:06:28