$SPY Approaches Historical Bottoming Pattern Near 50MA Stretch

jfsrevg
03-25

$SPDR S&P 500 ETF Trust(SPY)$ — More 2-Way Gap Days Could Be Ideal

Potential bottoms often emerge with conflicting price action after an extended pullback with price exceeding at least -3 x ATR% multiple from 50-MA — where the market gaps both up and down on consecutive days. It frustrates participants, but quietly builds a base within the chaos.

Recent Examples:

  • Apr 3–23, 2025, -5 x ATR% from 50-MA

  • Oct 23–Nov 1, 2023, -3.6 x ATR% from 50-MA

  • Oct 4–18, 2022, -4.3 x ATR% from 50-MA

  • Mar 12–25, 2020, -4.5 x ATR% from 50-MA

Current:

Mar 19–??, 2026, -2.9 x ATR% from 50-MA

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