SPY Hits New 30‑Day Low as Downtrend Continues

SPY slipped to 735.57, marking a fresh 30‑day low below the prior 736.09 trough. The move extends the decline from the YTD level of 637.64, showing no immediate reclaim attempt. Traders watch for a potential bounce or further continuation.

• Price broke below prior 30‑day low, setting new extreme at 735.57.
• Move adds ~0.07% to the 30‑day decline, extending bearish pressure.
• Price remains ~13% above YTD low, leaving room for a potential reclaim or further drop.