SPY Posts New 7‑Day Low While Holding Above 30‑Day Support

SPY slipped to a new 7‑day low of 740.29, down from the prior 7‑day high of 740.99. The move remains above the 30‑day level of 727.18, indicating a reclaim of that support rather than a continuation lower. Market participants watch for whether the dip holds or reverses.

• Price broke the 7‑day high, setting a new low at 740.29.
• The low stays above the 30‑day level of 727.18, showing a reclaim of that support.
• Market focus shifts to whether the dip holds or triggers a bounce.