$NVIDIA(NVDA)$
Based on options open interest, there’s little consensus on downside support for the week of June 13. It’s likely to either stabilize above 140 or drop significantly.
Institutional sell call ranges are concentrated between 148 and 150.
$SPDR S&P 500 ETF Trust(SPY)$
The S&P’s performance next week is expected to mirror NVIDIA's. Long-term bullish positions have seen little activity lately, and the market seems to be in a "take it one day at a time" mode.
On Thursday, the public spat between Musk and Trump triggered a pullback expectation for SPY, with a target of 570. However, a continued consolidation is more probable unless some unexpected news emerges.
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