Technical analysis by A3MInvestments about Symbol SPYX on 11/14/2025

🌎The first wave of the current impulse has ended, and we are now in the second. The second wave's target has been met—the gap has been closed. A breakout of 6870 will confirm that we are entering the third wave. This marking fits well with the New Year's rally. Also, the expectation of a Fed rate cut, as well as the end of the shutdown, will support the bullish momentum.