SPY Records New 7‑Day Low While Staying Above 30‑Day Support

SPY slipped to a new 7‑day low of 761.35, edging below the prior 7‑day trough of 761.72. The move remains modest at ~0.05% and stays above the 30‑day level of 759.95, leaving room for a potential reclaim if support holds. Traders watch for continuation lower or a bounce back toward the 30‑day mark.

• Price broke below the prior 7‑day low, setting a new 7‑day low at 761.35.
• The decline was only ~0.05%, keeping SPY above the 30‑day level of 759.95.
• Market now eyes whether the level holds for a reclaim or continues lower.