S&P 500 tests its 10-day moving average and bounces, levels to watch The index tested down to its 10-day moving average in the first hour of trading, last at 1384.09, and then bounced off that level. A retest and break below the 10-day today would be bearish, with next support at 1377.19. Resistance is at 1394.53.
Standard and Poor's Depository Receipts: Pivot points The following are the pivot points for SPY. Pivot High: $213.376, Pivot Low: $210.681. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.