Weekly Market Momentum
SPY Bull Flag Forms as Bulls Take Back Control
Bulls took back control last week, pushing SPY through weekly resistance and completing a new daily bull flag. With momentum strengthening and price approaching 776.85 resistance, and the next move could target 782.24 and beyond.
SPY Bull Flag Watch Returns After Previous Pattern Failed
The previous SPY bull flag failed, but buyers quickly reclaimed support. A new bull flag is now on watch as the market begins building its next bullish structure.
SPY Bull Flag Holds as Buyers Defend Critical Support
SPY’s daily bull flag remains active as buyers continue defending the 730.27 support level despite weakening daily momentum. Here’s what needs to happen for bulls to regain control, what would invalidate the pattern, and why this consolidation may be
SPY Pulls Back From Breakout Attempt — Can Bulls Defend Support?
SPY’s daily bull flag remains active, but last week’s failed breakout pushed price back below the 10EMA and 50SMA. Here’s what needs to hold for bulls to regain control and where support sits if selling continues.
