$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ ππ§ π¨ SPX Breakout, SPY Collision Course, and Chinaβs Trump Play π¨π§ π
The S&P 500 is marching toward history, now pacing for its 9th straight green day, a feat unseen since 2004. With the index hitting 5,697.30, it is just shy of that symbolic $5,700 threshold. The move is backed by strong breadth across tech and comms as shown in todayβs heatmap. Multiple DeMark β9β signals are also whispering caution.
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Meanwhile, $SPY is now just $3 away from its 200-day moving average. This is the battlefield where trends declare themselves.
Historically, in bear markets, this level rejects rallies with precision.
But in bullish corrections, it is often the launchpad for new highs.
π SPX Quick Stats (as of 12.40pm ET):
β’ Price: 5,697.30
β’ Change: +93.16 (+1.66%)
β’ VIX: 22.71, down -7.68%
β’ MACD and volume both confirm strong directional thrust
Now, toss geopolitics into the mix!!
π¨π³πΊπΈ China is reportedly preparing to send top security official Wang Xiaohong to meet with Trumpβs team in a high-level trade overture.
This isn't casual diplomacy, it is a strategic hedge as tariff rhetoric escalates.
Expect ripple effects in semiconductors, EVs, and discretionary retail if talks materialise.
Hey Tiger Traders, will the bulls break free above $5,700, or is this the final blowoff before macro risk takes the wheel?
π’ Donβt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ππ Iβm obsessed with hunting down the next big movers and sharing strategies that crush it. Letβs outsmart the market and stack those gains together! π
Trade like a boss! Happy trading ahead, Cheers, BC πππππ
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Great article, would you like to share it?
Great article, would you like to share it?