SPY (S&P 500): mature uptrend, momentum cooling
SPY, the S&P 500 ETF: solid structure, cooling weekly momentum
SPY (S&P 500): mature uptrend, momentum cooling
Our view last week
The SPY, the S&P 500 ETF, approached its own record but got turned away: weekly technical analysis frames a buy up 9.39%, now more than 2% below the highs. On the daily the shift bites — buyer dominance has collapsed and sellers owned the last session — while the MACD histogram keeps sliding. The weekly structure holds, but the drive is nearly spent: a mature uptrend, one to manage with the stop.
This week's summary
The SPY, the S&P 500 ETF, tries to reclaim its record but stays under 3% from the highs. Weekly technical analysis frames a buy up 8.75%, down from 9.39% seven days ago. On the daily, buying participation is thin, just above a quarter of turnover, and on the weekly the MACD has just crossed lower. The structure holds, but the drive is fading — an uptrend that has entered its mature phase.
IQS Phase
30
ordinary
Signal Strength
14
low · fading
ATH distance
2.91%
2.91%
KPI 4
0/3
Trade P&L %
+8.75%
from signal to today
restricted Platinum content