Trading 360° view: Market SPY Weekly view, holidays, earnings, eco-news, market-news summary, news sentiment, and major ETFs, MAG7, Higher Time Frame Analysis Indices Futures Summary, and QQQ Weekly view.
SPY Weekly View
View weekly charts on: AlphaWebTrader HTF Charts
Holiday Radar
No U.S. market holidays pending in the next 7 days.
Earnings Radar
Monitoring for earnings releases by the Magnificent 7, AI-tech-related firms, and major financial institutions.
- MU Release: 2025-09-23 T:AMC
Ahead of Micron Technology’s (MU) earnings release after market close on September 23, 2025, indices futures day traders should note that market momentum and volumes can typically slow as participants await clarity from Micron and the broader upcoming earnings wave, especially for key AI/tech names like Nvidia (NVDA) and the MAG7. The anticipation of these influential results often leads to cautious positioning and range-bound price action in index futures, as traders wait for guidance on demand trends in memory chips and AI-related sectors. Expect relatively muted index futures movement and reduced volatility in the lead-up, as the market remains focused on potential sector-wide repercussions following these high-impact earnings announcements.
For full details visit: Yahoo Earnings Calendar
EcoNews Radar U.S. Events
EcoNews Summary
- Tuesday 09:45 – High: USD Flash Manufacturing PMI & USD Flash Services PMI
Early session volatility expected as PMI figures provide fresh insight into economic activity. Strong/surprising data often triggers price swings in index futures. - Tuesday 12:35 – High: USD Fed Chair Powell Speaks
Major event for all US indices. Powell’s comments on rates, inflation, or growth outlook are closely watched and can lead to sharp, sudden moves across equity futures. - Thursday 08:30 – High: USD Final GDP q/q & USD Unemployment Claims
Back-to-back critical releases will likely drive directional momentum. GDP figures gauge overall economic health, while claims offer labor market insight. - Friday 08:30 – High: USD Core PCE Price Index m/m
Key inflation metric for the Fed. Any deviation from expectations can immediately impact market direction and volatility.
EcoNews Conclusion
- This week features a cluster of high-impact US events with potential to set intraday trend and increase volatility, especially on Tuesday (PMI, Powell) and Thursday/Friday (GDP, Unemployment Claims, Core PCE).
- Market momentum and volume may slow in the days leading up to major releases such as GDP and Core PCE, then accelerate sharply at event times.
- News events around the 10 AM time cycle often act as a catalyst for reversals or continuations.
For full details visit: Forex Factory EcoNews
Market News Summary
- Equities and Futures:
- S&P 500, Dow, and Nasdaq reached new record highs last week after the Federal Reserve signaled more rate cuts ahead. S&P 500 broke above 6600 and technical momentum remains strong, with targets set near 7000. Analysts warn of potential correction risks if liquidity stress rises or the Fed pivots policy decisively.
- US equity futures started the new week flat to slightly lower after these highs, with traders watching for upcoming economic data, notably the PCE price index for August.
- Some commentary expresses caution around extreme market euphoria and the risk of stocks being overbought at these levels.
- Federal Reserve and Policy:
- The Fed cut rates in the September meeting. This boosted risk assets and helped send gold, silver, and equities sharply higher. There is debate about whether the Fed is behind the curve on inflation and which policy path is appropriate moving forward. Speculation is ongoing around the next Fed Chair appointment.
- The People’s Bank of China left loan prime rates unchanged at 3.0% and 3.5%, respectively, maintaining policy divergence with the US.
- Commodities:
- Gold hit a fresh record, with silver at a 14-year high. Both are being propelled by expectations for more central bank easing, ETF demand, and global geopolitical uncertainties.
- Miners tracking these metals, including Endeavour, Fresnillo, and Hochschild, saw double-digit surges as the rally broadened out.
- Platinum is highlighted as potentially the next metal to surge, given supply deficits and technical tailwinds.
- Oil futures remain pressured despite Middle East and European tensions, with prices unable to hold above the 200-day moving average and supply concerns intensified by OPEC and trade policies.
- Macro, Trade, and Sector Themes:
- New US tariffs on Swiss imports sparked volatility and prompted a risk-off shift, as gold benefited from safe-haven demand.
- Small business hiring shows weakness, raising concerns about the sustainability of ongoing economic growth.
- H-1B visa fee changes rattled the US tech industry, sparking debate about innovation and labor market impacts.
- Asset class rotation discussions are emerging, particularly suggesting attention to previously underperforming segments as earnings season analysis continues.
News Conclusion
- Markets are digesting a combination of Fed policy shifts, new highs in major indices, and continued strength in precious metals driven by global uncertainty.
- Bullish momentum in equities is intact but faces risks from potential liquidity shocks, policy pivots, and signs of economic strain from sectors such as small business hiring.
- The commodities complex, especially gold and silver, remains favored amid rate cut expectations and safe-haven flows, while oil lags despite geopolitical catalysts. Rotation and re-evaluation of risk across asset classes is gaining focus.
- Major upcoming catalysts include inflation data (notably the PCE index), the evolving Fed outlook, and shifting global trade dynamics.
Market News Sentiment:
Market News Articles: 17
- Neutral: 41.18%
- Positive: 35.29%
- Negative: 23.53%
Sentiment Summary:
Out of 17 market news articles, 41.18% were neutral, 35.29% were positive, and 23.53% were negative.
Conclusion:
The market news sentiment displays a balanced tone, with neutral and positive perspectives making up the majority of recent coverage. Negative sentiment is present but is less prominent in the current mix of articles.
GLD,Gold Articles: 6
- Positive: 66.67%
- Neutral: 16.67%
- Negative: 16.67%
Sentiment Summary: Out of six recent articles on GLD and gold, 66.67% conveyed a positive sentiment, 16.67% were neutral, and 16.67% reflected a negative tone.
This suggests current media coverage is predominantly positive, with a small proportion of neutral and negative perspectives.
USO,Oil Articles: 2
- Neutral: 50.00%
- Negative: 50.00%
Sentiment Summary: The recent market news regarding USO and oil is evenly divided between neutral (50%) and negative (50%) sentiment.
This indicates a lack of strong positive sentiment in current coverage, with half of the discussions reflecting neutral viewpoints and the other half highlighting negative perspectives.
Market Data Snapshot
ETF Snapshot of major stock market ETFs, Mag7, and others as of: September 22, 2025 07:16
- AAPL 245.50 Bullish 3.20%
- TSLA 426.07 Bullish 2.21%
- MSFT 517.93 Bullish 1.86%
- GOOG 255.24 Bullish 1.15%
- GLD 339.18 Bullish 1.06%
- QQQ 599.35 Bullish 0.68%
- NVDA 176.67 Bullish 0.24%
- SPY 663.70 Bullish 0.22%
- AMZN 231.48 Bullish 0.11%
- DIA 462.94 Bullish 0.07%
- TLT 89.02 Bearish -0.19%
- META 778.38 Bearish -0.24%
- IWM 242.98 Bearish -0.76%
- IJH 65.61 Bearish -0.80%
- USO 73.52 Bearish -1.57%
- IBIT 65.37 Bearish -2.07%
Market Summary Snapshot (as of 09/22/2025 07:16)
ETF Stocks: State of Play
- SPY: 663.70 (Bullish +0.22%) — S&P 500 ETF remains positive with modest gains, reflecting broad-market resilience.
- QQQ: 599.35 (Bullish +0.68%) — Nasdaq-100 ETF extends strength, supported by large-cap tech.
- DIA: 462.94 (Bullish +0.07%) — Dow 30 ETF posts a small uptick, indicating blue-chip stability.
- IWM: 242.98 (Bearish -0.76%) — Russell 2000 ETF under pressure, suggesting continued headwinds for small caps.
- IJH: 65.61 (Bearish -0.80%) — S&P 400 Midcap ETF also slides, mirroring the weakness in small/mid-cap segments.
Overview: Major index ETFs lean bullish, especially in megacaps, while small and midcaps show softness, implying a predominantly risk-on but selective market environment.
MAG7 (Mega Cap Growth) Overview
- AAPL: 245.50 (Bullish +3.20%) — Strong upside momentum leads the pack.
- TSLA: 426.07 (Bullish +2.21%) — Notable bullishness and outperformance.
- MSFT: 517.93 (Bullish +1.86%) — Material gain highlights stable leadership.
- GOOG: 255.24 (Bullish +1.15%) — Positive, though trailing peak performers.
- NVDA: 176.67 (Bullish +0.24%) — Marginal gain, steady in tech rally.
- AMZN: 231.48 (Bullish +0.11%) — Slight advance maintains uptrend.
- META: 778.38 (Bearish -0.24%) — Small decline signals mixed sentiment.
Overview: MAG7 shows broad strength, steered by outsized moves in AAPL and TSLA, but META lags with a minor pullback.
Other Key ETFs Overview
- GLD: 339.18 (Bullish +1.06%) — Gold ETF ticks higher, preserving a defensive bid.
- TLT: 89.02 (Bearish -0.19%) — Long-term Treasury ETF underperforms, reflecting potential yield pressures.
- USO: 73.52 (Bearish -1.57%) — Oil ETF slides, indicating soft energy prices.
- IBIT: 65.37 (Bearish -2.07%) — Bitcoin ETF sees notable declines, underscoring crypto volatility.
Overview: Defensive gold is steady, while fixed income, oil, and crypto-related ETFs are weaker, pointing to selective sector trends.
Summary
The snapshot shows a market led by large-cap tech and major index ETFs on the upside, while small/mid-cap stocks, fixed income, energy, and digital assets show downward pressure. Trading sentiment appears mixed-to-bullish overall, with notable outperformance centered in mega-cap leaders.
Higher Time Frame Analysis
Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2025-09-22: 07:16 CT.
US Indices Futures
- ES Bullish YSFG/MSFG, WSFG short-term pullback, trading above key support, recent swing breakout, resistance at 6731.5, swing support 6314.65, all MAs up.
- NQ YSFG/MSFG bullish, WSFG minor pullback, price near highs, swing pivots up, resistance 24,698–24,808, support 23,665.5, all MAs rising, strong momentum.
- YM Bullish across YSFG/MSFG/WSFG, price above NTZs, swing pivots up, support 44,482, resistance 46,789, all moving averages trending up, trend continuation phase.
- EMD YSFG/MSFG bullish, WSFG in pullback, price above NTZs, resistance 3325.2/3523.1, support 3144.8/2972.0, swing uptrend, all moving averages rising, consolidation possible.
- RTY YSFG/MSFG bullish, WSFG consolidating, 100W MA lagging, resistance 2448.9–2555.5, support 2313.0/1743.7, swing pivots up, intermediate-term neutral, short-term potential retracement.
- FDAX YSFG bullish, MSFG/WSFG downtrend, price below NTZs, short/intermediate MAs declining, 200 MA up, recent swing low 23,416, resistance 24,891, corrective phase.
Overall State
- Short-Term: Neutral to Bullish (except FDAX Bearish)
- Intermediate-Term: Bullish (FDAX Neutral/Bearish)
- Long-Term: Bullish (all indices)
Conclusion
US Indices Futures maintain a bullish long-term and intermediate-term structure per YSFG/MSFG technicals, with all major US benchmarks trading above key session fib grid and MA benchmarks. Weekly and daily WSFG trends suggest short-term pullbacks or consolidation, especially in ES, NQ, EMD, RTY; FDAX exhibits a corrective phase with bearish short/intermediate structure while retaining bullish long-term. Swing pivots uphold higher highs/lows across US indices; resistance levels approach recent highs. Support zones are well-defined below. Current HTF signals and directional correlations confirm continued uptrend dominance, though short-term action may remain choppy or corrective as markets test recent gains.
Note: Intra-day counter-trend pullbacks or retracements may occur, HTF is context for informational usage and market structure. Glossary: Session Fib Grids periods of YSFG:’Yearly’, MSFG:’Monthly’, WSFG:’Weekly’
For full details visit: AlphaWebTrader Technicals
Tech Weekly View
View weekly charts on: AlphaWebTrader HTF Charts