Technical analysis by TradeSelecter about Symbol SPYX on 9/13/2025

Technical Analysis and Outlook: In the previous trading session, the S&P 500 Index exhibited a substantial upward movement, reaching and completing the Outer Index Rally 6543, and it is striding towards our current designated target: Outer Index Rally 6620, as detailed in the prior S&P 500 Daily Chart Analysis. It is critical to recognize that upon reaching this momentous target, the resulting price action is anticipated to initiate a significant pullback targeting the Mean Support level of 6485. This pullback is likely to facilitate a considerable rebound, allowing for a subsequent retest of the Outer Index Rally level of 6620.