SPY Daily Analysis – Week of November 10, 2025 | Momentum Options

🔍SPY Daily Analysis – Week Starting November 10, 2025

Last week delivered the structure we were watching for — and in the process, it reset the short-term trend.

After finding early support, SPY attempted to rebound midweek, but when the673 levelbroke on Thursday, sellers took control and drove price straight to the50SMA, where buyers stepped back in heading into Friday’s close.

That move shifted the map:
The priorsupport zone (673–679)has now flipped into aresistance zone, and the old daily bull flag pattern has broken down.

Here’s what matters now:

• Resistance Zone:673.38 → 679.62
  Price will likely bounce back into this zone early in the week. If that happens — and price stalls — it will establish anew daily bear flag, with a measured target aligning near the100SMA.

• Bullish Invalidations:
  For that bear flag setup to fail, bulls need toreclaim 679 with conviction— ideally on expanding volume and momentum confirmation.

• Support:665.14 → 663.30
  A failure to hold this zone could trigger continuation lower, confirming a deeper consolidation phase.

Technically, the environment is coiling.Bollinger Bands are curling inward, signaling compression, and momentum indicators are beginning to base. This is typically theearly stage of a squeeze— where volatility contracts before the next expansion leg.

In short:
The market is primed for a bounce into resistance — and what happens there will define the next directional phase. Whether it resolves as a failed retest (bear flag confirmation) or a true reversal (bullish invalidation) will set the tone for the rest of November.

Patience here pays. The next edge comes not from chasing moves, but from waiting for structure to confirm.