US stock / ETF

State Street SPDR S&P 500 ETF Trust

SPY · NYSE Arca · USD

1 dayBearish60%
Daily Downside probability 60%Bearish

SPY 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $742.45 and stabilize above resistance $760.4.

Invalidation Trigger

Break above $760.4 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 45.9, MACD -1.970

Daily
Volatility EnvironmentRange
Low volatility

ATR is $11.71 (1.6%)

Daily

EMA Structure

Bullish
EMA 8$743.06Bearish
EMA 21$742.45Bearish
EMA 50$729.83Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.9 · MACD -1.970

Neutral zone

Strength
Bearish
Volatility
ATR $11.71 · BB 4.97%

Low volatility

Strength
Range
Volume
MFI 36.1 · OBV 13.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$721.58 - $760.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.25% · 3.3 ATR above latest close

$772.11
Nearest resistance

+3.65% · 2.3 ATR above · 34-bar high

$760.4
Current price

Price shown is delayed

$733.62
Nearest support

-1.64% · 1.0 ATR below · 34-bar low

$721.58
Deeper support zone

-3.24% · 2.0 ATR below latest close

$709.87
ATR zone

Latest close ± ATR14

$721.91 - $745.33

Indicators

Trend

Dow Theory Structure

Confirmation $756.68, invalidation $739.26

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

27.3 / 11.8 / 39.4Bearish
Supertrend (10,3)

Price is above Supertrend

$699.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$741.04 / $717.1Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

Low volatility

$11.71 (1.6%)Range
Bollinger Bands (20,2)

Width 4.97%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$767.1 / $718.33Range
ATR channel lower / upper

Current Volatility Envelope

$721.91 / $745.33Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$760.4Range
Support

Nearest Downside Decision Level

$721.58Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-1.970Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.4 / 54.6Bearish
Williams %R (14)

Neutral zone

-69.6Range
CCI (20)

Weak expansion

-105.2Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.1Bearish
OBV slope

20-period OBV slope

13.57%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Trend

Dow Theory Structure

Confirmation $756.68, invalidation $739.26

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

27.3 / 11.8 / 39.4Bearish
Supertrend (10,3)

Price is above Supertrend

$699.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$741.04 / $717.1Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-1.970Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.4 / 54.6Bearish
Williams %R (14)

Neutral zone

-69.6Range
CCI (20)

Weak expansion

-105.2Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$11.71 (1.6%)Range
Bollinger Bands (20,2)

Width 4.97%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$767.1 / $718.33Range
ATR channel lower / upper

Current Volatility Envelope

$721.91 / $745.33Range

Volume / Money Flow

MFI (14)

Money flow is weak

36.1Bearish
OBV slope

20-period OBV slope

13.57%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$760.4Range
Support

Nearest Downside Decision Level

$721.58Range

Related Forecasts