SPY could easily fill gap between $528-$535

Michael Esther
04-29

US GDP for Q1 2025 is on April 30 at 8:30am! Everyone knows the market has slowed down a lot because of Trump tariffs.

But, no one is expecting it to come in negative. If it does come in closer to -0.5 and the forecast for 2025 is worse.

Then $SPDR S&P 500 ETF Trust(SPY)$ is going here

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If GDP is negative this Wednesday then SPY could easily fill this gap between $528-$535.

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$Tesla Motors(TSLA)$ key levels here with 200SMA at $291. When we break above this level $291 and then target is $330+

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