Technical analysis by TradingShot about Symbol SPYX: Buy recommendation (11/11/2025)

The S&P500 index (SPX) offered us, as we mentioned on our last analysis, an excellent buy opportunity last Friday as it hit its 1D MA50 (blue trend-line) and bounced. Having broken and closed yesterday above its 4H MA50 (red trend-line), it has technically confirmed the new Bullish Leg of the 6-month Channel Up. Based on all previous ones, it should target the 2.5 Fibonacci extension at 7150, which remains our long-term Target for the end of the year. Notice also how similar the 1D RSI patterns are of October and August. Steady rise is expected for November getting into December. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇