SPY

SPY
$769.35 -0.23% As of Aug 29, 12:01 AM
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Trade Idea

Strategy
Bull Call
Strikes
$670/671
Expiration
Nov 7
Target ROI
100.0%
Bullish Factors
MACD Positive and Rising.
• Short-term EMAs are positive.

Technical Analysis

Bulls Push SPY Above Key EMAs to $769.35

Bullish
Aug 29, 2026 at 12:01 AM $769.35 (-0.23%)

SPY (SPY) fell 0.23% to finish at $769.35 on August 29.

Technical indicators paint a bullish picture:

Moving Averages Bullish EMA alignment intact with price above the 9-day at $767.86 and 21-day at $764.90.
Momentum RSI at 56.6 is in neutral territory but trending higher. MACD reads 4.12 against its 5.06 signal line (bearish).
Volatility Bollinger Band width at 2.4% indicates low volatility.

While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.

Technical levels: $759.88 support, $778.56 resistance.

EMA Crossover Fuels SPY Move to $769.35

Bullish
Aug 28, 2026 at 9:01 PM $769.35 (-0.23%)

EMA Crossover Fuels SPY Move to $771.10

Bullish
Aug 27, 2026 at 9:01 PM $771.10 (+0.66%)

SPY MACD Death Cross Forms at $766.08

Bearish
Aug 27, 2026 at 12:14 AM $766.08 (+0.03%)

SPY Momentum Tide Turns Negative at $766.08

Bearish
Aug 26, 2026 at 9:01 PM $766.08 (+0.03%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $0.50
Max Profit $0.50
Max Loss $0.50
Days to Exp -295
Trade Date Oct 3, 2025
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.