📊 SPY Filter Map – (30 Days) – Indicator ~714.3

🔎 Quick Reading
• Long buy liquidation occurs below between 714.3–690.2, becoming clearly denser at 682.2–661.4, and deepening further at 645.4–637.4.
• Short sell liquidation begins above 720.6–724.6, then intensifies at 742.2–750.2, with further clusters at 754.2–762.2 → 779.8–787.8.
• The thin area near the price ranges around 714.3–720.6, indicating that the price is sitting in a relatively light liquidity pocket; once it leaves this bottom, the movement may accelerate further.
🧭 Higher Probability Path
• If SPY maintains the 690.2–714.3 axis and gradually recovers 720.6–724.6, the higher probability path is to sweep toward 742.2–750.2 first.
• If short selling pressure continues to ease, the move could extend to 754.2–762.2 and target the further cluster around 779.8–787.8.
🔁 Alternative Path
• If SPY loses 690.2–714.3, the price may initially slip to 682.2–661.4.
• If that area fails to hold, the pull could continue toward 645.4–637.4, where long liquidation becomes more dense.
📌 Moving Levels
• Pivot point: 690.2–714.3
• Bullish confirmation: 720.6–724.6
• Reaction support: 682.2–661.4
• Near resistance: 742.2–750.2, then 754.2–762.2 → 779.8–787.8
⚠ Risk Notes
• Prefer breakout or pullback setups around 690.2–714.3 with a tight invalidation, as the liquidity layer near the price remains relatively thin.
• Since this is a 30-day map, upper clusters can attract wider volatility; if the price decisively surpasses 742.2–750.2, tracking may be more logical, but wider volatility is also expected.