SPY Market Analysis for July 8, 2026 As we review the SPY levels today, the 14-period ATR stands at 9.57, indicating a medium volatility environment. Traders can expect significant price action as SPY approaches critical support and resistance levels. Currently, SPY is near a support level at $730.00, with an ATR-based support slightly lower at $725.89. This range suggests that if SPY breaks below $730, it could face further downside risk. On the resistance side, $760.00 remains a key threshold, with ATR-based resistance at $764.19. A successful breakout above this level could signal bullish m