Technical analysis by josemanuelmaestrerodriguez about Symbol SPYX: Buy recommendation (10/6/2025)

As you can see this trendline is acting as a major resistance. Once Spx break it out it is highly probable that that trendline turns into a support. Spx will test is and if it holds we can see 7000/7050 pips by the end of November 2025. That is a 4% gain. I would like to highligh that because the liquidity in the system is so high is very probable to see this happen... and yes... this is only the beginning because then at 7000 pips there is a Fib ring which could provide us the real progression of the Sp500