SPY closed above prior all-time high pivot; $76040 trend line is near-term support but weakening from multiple breaches.

So, let's jump right into it, guys, with the S&P 500 first on the daily time frame. You can see here today we were closing very nicely underneath the previous all-time highs. Now, we did that as you see here back on Thursday. Friday gave us a little bit of a relief, pushed us right back above this previous all-time high pivot, but then today we actually closed back above it. And mainly, you can see here the last 10-minute candle helped push price back closer to that trend line. But when we did open up underneath that trend line today, you could see we pushed up, made a few different 10-minute candle attempts to break that trend line, got rejected, and then ultimately pushed through with lighter volume towards the middle of the day than since rolled right back over. Didn't come all the way back down to that trend line. But most thing is important, it closed back above it, much like it did yesterday. So right now with this dip and last week's dip, it in essence is xed off the chart and we start again tomorrow with this key level, this line in the sand. Basically this trend line at $76040 is the near-term support for the S&P 500. I'm remind you we've hit it here, breached it here, and are hitting it several times today. So this is weakening this level of support, but nonetheless, near-term that is the level of support. Next level beyond that is going to be right around 755 the top end range of these pivots back here from July on the S&P 500.