I rarely look at the 8EMA on the daily for $SPY but there is no denying how SPY has hugged and stayed above that line - it is at $729.85. If we drop below it,

Billy Banks (Coach) • 2026-05-12 15:36 UTC • By Billy Odell Tucker-Robinson

I rarely look at the 8EMA on the daily for $SPY but there is no denying how SPY has hugged and stayed above that line - it is at $729.85. If we drop below it, things are going to start looking bearish pretty fast -

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