How Verified Investing’s view on $SPY changed

2026-09-11Bullish

“Yields Reverse Early Fall, 5% Nears With Fed Hike Locked, Oil Drops As Markets Rally”

Bullish on SPY into next week provided it holds above 7570; a break below leads to neutral/gray area and potential drop to 7000.

The S&P had a good day today.

Watch the source03:25

2026-09-11

“S&P At Record Highs While Semis Sit 15% Below — The Decoupling”

SPY shows a potentially bullish technical pattern (bull flag/channel) that requires a breakout to confirm; success probability is reduced due to its position at chart highs.

Let's start with the S&P. Now, the S&P is currently up about 1%, filling the gap created from Tuesday's price action. This is pretty good for the markets as we're beginning to potentially try and test previous all-time highs on the S&P.

What am I watching? I'm watching that double top 779 37, the key level of resistance. But something I really want to highlight there is we're starting to create kind of a beautiful look at this downs sloping parallel channel.

Um you can even consider this a bull flag because we had this nice move up followed by this downward sideways um downward sideways consolidation favoring a move to the upside.

Watch the source00:49

2026-09-09Bearish