$SPDR S&P 500 ETF Trust(SPY)$ come on hit the 7k!
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$SPY ETF Holds Steady at $681.75, Eyes CPI Data Amid Consolidation 📊 Analyst Targets: As a broad market ETF, specific targets vary widely with the index outlook. However, bullish calls like UBS's year-end target of 7700-8400 for the S&P 500 provide a positive long-term context.
Weekly Outlook: Expect consolidation between $677 and $692 in the near term, heavily dictated by the CPI print. A break above $692 could open a path toward the 52-week high. A breakdown below $677 may test stronger support near $670.