SPY Trading Analysis - 9/10/2025

The S&P 500 gapped higher at the open, following yesterday’s breakout and a stronger-than-expected PPI report released at 8:30 a.m. This bullish momentum carried the index to new all-time highs before sellers stepped in, driving prices lower and breaking through both the 652 support level and the uptrend line.

However, the market managed to stabilize and recover some of its losses into the close. Looking ahead, all eyes will be on tomorrow’s CPI data, which could set the tone for the next move. The key question is whether the bulls can regain control and push the index decisively above the 653 resistance level.

S&P 500 Price Action Analysis

Disclaimer:
I am not a licensed financial advisor, and the information provided is for educational and informational purposes only. It should not be considered financial, investment, or tax advice. Please consult with a qualified financial professional before making any financial decisions.