S&P 500 hits highs of session after Draghi speaks, levels to watch Shares slid to the lows of the session before ECB head Draghi began his comments today and has since popped to session highs. With the index last at 1567.28, it has recovered nearly half of yesterday's losses. That puts resistance at 1572.99. Support is at 1563.10. Materials and Consumer Staples are the leaders on the upside, with all sectors in the green. In many respects this is a inversion of yesterday's price action.
Standard and Poor's Depository Receipts: Pivot points The following are the pivot points for SPY. Pivot High: $203.625, Pivot Low: $200.945. 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.