SPY remains bullish overall, but the broad easy continuation phase is fading after the first loss of the 10EMA during this run.
SPY reached the major 746.25 target zone last week and finally began to cool after a long overbought expansion.
SPY held its breakout retest, reached the first daily target at 733.19, and remains bullish.
SPY completed its first real bull flag from the 4/7 low, broke out above 715.63, and remains bullish