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PolycarpFX

The Ripper

Market Update and SPY Levels

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PolycarpFX Market Research
Apr 09, 2026
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Quick Recap

The index’s gapped up overnight off Iran peace discussions, right into potential resistance. Just wanted to put out a quick update but locking profit at open feels like the right move here but we shall see. For now, we want to see if we can break through resistance, 6800 will be key for SPX for upside, 6500 as support below.

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