The SPDR S&P 500 ETF Trust (SPY) is experiencing significant resistance at its all-time highs (ATH) of 574.71. Traders are closely monitoring for a potential break above this level, which could lead to the next target at the Fibonacci level of 581.60. Support levels are noted at 568 and 565, with the latter being a major threshold. The ETF has shown volatility, with price movements suggesting a potential close above 573 if current trading patterns persist. Additionally, traders are anticipating choppy trading until Wednesday, with pm lows at 569.42 and 571.68.