Currently, SPY is trading at 466, with a resistance level at 468 and support at 465.5. These levels could see significant changes after the NFP release. If SPY manages to climb back above 468, yesterday's drop below that level will be considered a failed breakdown, resulting in a strong bullish sentiment. On the other hand, if SPY fails to reclaim the 468 level, we could see a downward move towards 464 and the 460 area.
