Tag
structure read
5 posts tagged “structure read”
SPY Technical Analysis — April 27, 2026 Morning
SPY closed Friday at $713.94, capped for the fifth time by an ascending trendline that's projected to $736 — and each rejection has been less violent than the last. This week, $13T of market cap reports against that setup, with GOOGL, META, AMZN, and MSFT all printing Thursday after the bell. The compression has a deadline now.
SPY Technical Analysis — April 17, 2026 Morning
SPY cleared $700 after four touches this week, rallying 48 points in 8 sessions off Monday's $659 low. But only 58% of the up-days had real volume backing, and Friday's gap higher came on light pre-market participation. The level flipped; the volume question didn't.
SPY Technical Analysis — April 16, 2026 Morning
SPY tagged a new 11-month high at $700.28 Wednesday and closed $699.94 — but buyers couldn't hold the round number. Five green sessions, volume fading each day, and the Fed's own report says companies are in wait-and-see mode on Iran. The question heading into the open is whether buyers clear $700 decisively or $679 gives.
SPY Technical Analysis — April 15, 2026 Morning
SPY closed Tuesday at $694.46 — the strongest finish since the March selloff. Six weeks of compression between $676 (6 touches) and $696 (3 rejections). Iran talks and Yellen Fed comments hit the tape today. Which side breaks?
SPY Technical Analysis — April 14, 2026 Morning
SPY bounced +1.3% off $675.78 Monday — a level tested 5 times. The ceiling at $693.68 has 3 touches and hasn't been tapped in 6 weeks. Which side of the 2.6% box breaks first?