What are support and resistance levels in trading?

Support levels indicate where a stock tends to stop falling and can reverse, while resistance levels show where a stock tends to stop rising.

How do I use ATR to set my stop-loss orders?

ATR can help determine the volatility of a stock; setting stop-loss orders based on ATR can provide adequate room for movement while protecting against significant losses.

What should I do if SPY breaks through a support level?

If SPY breaks through a support level, it may indicate further downside; traders often reassess their positions and consider exiting or shorting the stock.

SPY Levels — July 15, 2026