Cautious Optimism: SPY After-Hours Rally Tests Technical Limits

Huge 2% move up for SPY after hours 🚀

Price is now pushing into the Daily and Weekly fair value bands which are both still red.

If we are going to see a rejection this is the level where it happens.

As we covered in last week's videos if the short term trend flips bullish again and the monthly BX closes a higher low this would confirm the bottom.

For now I am staying cautious.

Note: I want this to be the bottom for $SPY and $QQQ just as much as anyone.

As you all know I do not short and my fund is fully exposed long right now.

The market moving back toward all time highs would only help my positions.

But I have to stay objective regardless of what I want to happen.

The reason I am out of most big tech is simple. The majority of those monthly BX readings are dark red and the system does not support being in them right now.

That has nothing to do with sentiment and everything to do with what the indicators are showing.

Market Rebound! Can Earnings & Possible TACO Push It to New High?

The S&P 500 ETF rose a modest 0.58% to $679.91, holding near highs as easing geopolitical tensions provide a supportive backdrop ahead of next week's earnings season kickoff. Storage, AI cloud, and semiconductors continue to drive broad index breakouts, though internal divergence is widening — AMZN, SNDK, and CRWV attracted strong inflows while MSFT and ORCL lagged. Can the first week of earnings become the next upside catalyst, and will the S&P 500 break through 6900?

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Can Earnings & Possible TACO Push It to New High?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":20b073ced34f4d919536cafffb312c81}&rnconfig={\"headerBarHidden\": true}","description":"The S&P 500 ETF rose a modest 0.58% to $679.91, holding near highs as easing geopolitical tensions provide a supportive backdrop ahead of next week's earnings season kickoff. Storage, AI cloud, and semiconductors continue to drive broad index breakouts, though internal divergence is widening — AMZN, SNDK, and CRWV attracted strong inflows while MSFT and ORCL lagged. Can the first week of earnings become the next upside catalyst, and will the S&P 500 break through 6900?","image":"https://community-static.tradeup.com/news/87ec273c27cbd8394dd7bfc53ab48c48"}],"images":[{"img":"https://community-static.tradeup.com/news/5f2e2ab0abbc7c325fc4bce17286a56c","width":"2822","height":"1548"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/5f2e2ab0abbc7c325fc4bce17286a56c","width":"2822","height":"1548"}],"title":"Cautious Optimism: SPY After-Hours Rally Tests Technical Limits","html":"<html><head></head><body><h2 id=\"id_3696502238\"><a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a></h2>\nHuge 2% move up for SPY after hours 🚀\nPrice is now pushing into the Daily and Weekly fair value bands which are both still red.\nIf we are going to see a rejection this is the level where it happens.\nAs we covered in last week's videos if the short term trend flips bullish again and the monthly BX closes a higher low this would confirm the bottom.\nFor now I am staying cautious.\n<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/5f2e2ab0abbc7c325fc4bce17286a56c\" tg-width=\"2822\" tg-height=\"1548\"> \nNote: I want this to be the bottom for $SPY and $QQQ just as much as anyone.\nAs you all know I do not short and my fund is fully exposed long right now.\nThe market moving back toward all time highs would only help my positions.\nBut I have to stay objective regardless of what I want to happen.\nThe reason I am out of most big tech is simple. The majority of those monthly BX readings are dark red and the system does not support being in them right now.\nThat has nothing to do with sentiment and everything to do with what the indicators are showing.\n\n\n\n\n\n</body></html>","htmlText":"<html><head></head><body><h2 id=\"id_3696502238\"><a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a></h2>\nHuge 2% move up for SPY after hours 🚀\nPrice is now pushing into the Daily and Weekly fair value bands which are both still red.\nIf we are going to see a rejection this is the level where it happens.\nAs we covered in last week's videos if the short term trend flips bullish again and the monthly BX closes a higher low this would confirm the bottom.\nFor now I am staying cautious.\n<img alt=\" \" title=\" \" src=\"https://community-static.tradeup.com/news/5f2e2ab0abbc7c325fc4bce17286a56c\" tg-width=\"2822\" tg-height=\"1548\"> \nNote: I want this to be the bottom for $SPY and $QQQ just as much as anyone.\nAs you all know I do not short and my fund is fully exposed long right now.\nThe market moving back toward all time highs would only help my positions.\nBut I have to stay objective regardless of what I want to happen.\nThe reason I am out of most big tech is simple. The majority of those monthly BX readings are dark red and the system does not support being in them right now.\nThat has nothing to do with sentiment and everything to do with what the indicators are showing.\n\n\n\n\n\n</body></html>","text":"$SPDR S&P 500 ETF Trust(SPY)$ Huge 2% move up for SPY after hours 🚀 Price is now pushing into the Daily and Weekly fair value bands which are both still red. If we are going to see a rejection this is the level where it happens. As we covered in last week's videos if the short term trend flips bullish again and the monthly BX closes a higher low this would confirm the bottom. For now I am staying cautious. Note: I want this to be the bottom for $SPY and $QQQ just as much as anyone. As you all know I do not short and my fund is fully exposed long right now. The market moving back toward all time highs would only help my positions. But I have to stay objective regardless of what I want to happen. The reason I am out of most big tech is simple. The majority of those monthly BX readings are dark red and the system does not support being in them right now. That has nothing to do with sentiment and everything to do with what the indicators are showing.","highlighted":1,"essential":1,"paper":2,"likeSize":45,"commentSize":0,"repostSize":3,"favoriteSize":0,"link":"https://ttm.financial/post/551293476987368","repostId":0,"isVote":1,"tweetType":1,"viewCount":621,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SPY"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":773,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/551293476987368"}