SPY 7D low market structure screenshot
SPY / 7D low update Oct 16, 17:10

SPY Records New 7‑Day Low, Testing Near‑Term Support

SPY fell to a fresh 7‑day low of 765.06, undercutting the prior 765.74 trough. The move suggests continuation of short‑term bearish pressure unless the price reclaims the 765.74 level. Compared with the 30‑day low of 750.88, SPY remains about 1.85% above that longer‑term support.

Old 7D low
765.74
New 7D low
765.06
Move
0.09%
30D / YTD
750.88 / n/a
What changed
  • New 7‑day low established at 765.06, breaking the prior 765.74 trough.
  • Price moved ~0.09% lower, indicating continuation of short‑term downside momentum.
  • Compared to the 30‑day low of 750.88, SPY stays ~1.85% above that longer‑term support.