SPY Breakout Confirmed — Can Bulls Sustain the Momentum?

🔍 SPY Market Analysis – Week of September 15, 2025

Last week, the market delivered exactly what we’d been positioning for.

After weeks of watching the structure build, SPY finally broke out. Monday tested resistance, andTuesday’s breakout closecleared the path for agap up Wednesday— straight into our first target. Thursday pushed further, and while Friday stalled a bit, the trend is now active and advancing.

But now we face a familiar short-term hurdle:

• MFI is back in overbought territory

• RSI hasn’t yet confirmed(still hovering under 70)

That combo suggests we might need some consolidation before the next move — whether it’s just a one-day breather (like the weekly cooled off a couple weeks ago) or a multi-day pattern builder.

📌Key takeaway: As long as price holds above trend and the 10EMA,bulls remain in control. Stay focused on structure, not noise — the next target above is 659.70.