SPY Hits Target, Buyers Reset for Next Move
🔍 SPY Market Analysis – Week of September 22, 2025
Last week, SPY extended higher and cleanly hit oursecond upside targetbefore pushing into new resistance. As we anticipated, momentum needed a short cool-off first — and that reset created the conditions for buyers to step back in and carry price higher.
Now, SPY sits above prior resistance with anew daily pattern forming, pointing toward additional upside. Bulls remain in control for now, but the next move depends on whether buyers can continue to defend trend as the market presses into higher ground.
Here’s the updated daily chart with the key levels marked:
The structure is clear: the market cooled, reset, and is now setting up for its next leg. The question is how SPY handles the levels directly ahead — and whether buyers can maintain control as we work toward our long-term weekly target.
📖 In this week’s full analysis inside Momentum Trades, I break down:
The exact levels I’m watching for continuation vs. pullback
Where momentum could reset again before the next push higher
The setups building alongside SPY that could offer opportunity
