SPY ETF trades at $771.60, just below $772.13 resistance

The SPY ETF presents a cautiously bullish daily setup, though momentum does not offer unanimous support. The State Street SPDR S&P 500 ETF Trust sits above its daily exponential averages, while its daily MACD remains below its signal. Hourly readings support the bullish case, though nearby resistance leaves that case conditional. Key takeaways The SPY ETF was trading at $771.6 as of 12:07 ET, up 0.25% from the previous close. Daily RSI14 is 52.75 , above neutral and below overbought territory. Daily MACD line is -0.06 , below its signal at 0.45, with a negative histogram of -0.51. Hourly RSI14 is 63.75 and hourly MACD histogram is positive at 0.64, confirming bullish momentum on that timeframe.

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