$SPY has 2 Scenarios playing that I can tell you

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MTradersAlliance
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$SPY has 2 Scenarios playing that I can tell you now:

Scenario 1: Immediate Rejection (High Probability)
SPY is already inside the 535–550 short zone
If rejected soon (around 552–555), price could:
Roll back down toward 535 support
Then if momentum accelerates, test 511–487 (0.5–0.618 retracement zones)
This matches well with macro/astro cycles suggesting increased May volatility.

Scenario 2: Trap and Pop (Low-to-Medium Probability)
SPY fakes out above 555–560
Pops toward 574–613, hitting the second short zone
This traps late bulls and sets up a bigger and more violent reversal after May
(This would match a false sense of relief rally into late May before major trouble hits.)

535–550 zone = current battlefield
If SPY climbs toward 574–613 — the RSI, MACD, and momentum indicators will be bearishly diverging, making it a perfect trap.

Saturn, Mercury cycles point to May 6 – 9 window as an ideal reversal window if the second scenario happens.

https://www.threads.com/@millionairetradersal...g03ED2nBnQ

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