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

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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.
- NVDA Release: 2025-11-19 T:AMC
NVIDIA (NVDA) is set to release earnings after market close on November 19, 2025, and this event is likely to be a major catalyst for equity index futures, especially considering NVIDIA’s influence within the MAG7 cohort and broader AI tech sector. Ahead of the release, market participants often exhibit caution, leading to reduced momentum and lighter trading volumes as traders await potentially market-moving results from this key sector leader. Broader indices like the S&P 500 and NASDAQ may experience rangebound or choppy sessions leading into the NVDA report, as NVDA’s results hold significant weight due to their impact on growth trajectory and sentiment across tech. As is typical, expect anticipation and event-driven positioning to set the tone for market action, with immediate market reaction following NVDA’s release likely to extend to other major AI-related names and the indices themselves.
For full details visit: Yahoo Earnings Calendar
EcoNews Radar U.S. Events
EcoNews Summary
- Wednesday 10:30 – USD Crude Oil Inventories (Low impact, included due to oil relevance): Changes in oil inventories could influence inflation expectations and energy-related sectors, indirectly affecting overall index sentiment if significant draws or builds are reported.
- Wednesday 14:00 – USD FOMC Meeting Minutes (High impact): Traders will closely analyze the minutes for insights into future monetary policy, inflation outlook, and rate hike trajectory. Any surprise hawkish or dovish tones can trigger notable index volatility.
- Thursday 08:30 – USD Average Hourly Earnings m/m (High impact): Strong wage growth may stoke inflationary concerns and reinforce tighter monetary policy expectations, weighing on indices, while soft data could have the opposite effect.
- Thursday 08:30 – USD Non-Farm Employment Change (High impact): This key jobs number often sets market tone, as strong employment signals a robust economy but may prompt concerns about interest rate policy. Weak employment can fuel recession fears but may support equities on rate-cut hopes.
- Thursday 08:30 – USD Unemployment Rate (High impact): A falling unemployment rate may add pressure for policy tightening, while a rise could signal economic weakness, influencing market direction at the open.
- Thursday 08:30 – USD Unemployment Claims (High impact): Unexpected spikes or drops provide additional labor market insight and often drive pre-market index futures volatility.
- Friday 09:45 – USD Flash Manufacturing PMI & Services PMI (High impact): These timely indicators offer an updated read on economic health. Surprises in either direction can quickly shift indices, especially if signaling unexpected contraction or expansion.
EcoNews Conclusion
- This week is packed with multiple high-impact events, with particular focus on Wednesday’s FOMC Minutes and a heavy Thursday labor data cluster, likely leading to elevated volatility.
- Market momentum and volume may slow in the days leading up to the FOMC Minutes and major labor reports, with price discovery picking up sharply around the events themselves.
- Traders should also pay attention to oil inventories, as significant moves in crude prices can influence inflation expectations and wider index movement.
- News events around the 10 AM cycle, particularly Thursday and Friday, often act as a reversal or continuation catalyst for intraday index moves.
For full details visit: Forex Factory EcoNews
Market News Summary
- Over 60% of Americans report financial comfort personally, but broader economic anxiety persists. This highlights a disconnect between individual financial well-being and concerns about wider economic prospects.
- Tech stocks remain near all-time highs despite AI valuation worries and recent volatility. Institutional investors, including Berkshire Hathaway, are not deterred by bubble fears, suggesting ongoing confidence in the sector’s foundations.
- The S&P 500 continues to show bullish technical signals. Recent volatility is considered a “shakeout” rather than an indicator of a prolonged downturn, especially as the index holds support while key tech stocks correct.
- Stock futures are mixed at the start of the week. Modest gains in benchmark indices contrast with sector uncertainty, as investors anticipate upcoming data releases and major corporate earnings.
- Oil and natural gas markets are in a cautious, range-bound mode. Oil prices dropped sharply after operations resumed at a major Russian export hub, counteracting prior price gains. OPEC+ supply growth and uncertain geopolitical risks weigh on sentiment.
- Gold and silver market action is consolidative after last week’s safe-haven rally. A strengthening U.S. dollar and reduced rate-cut expectations have led to a cooling-off period, with key support zones in focus. Meanwhile, gold is positioned as a superior hedge versus bitcoin under current conditions.
- The Federal Reserve remains a key focus. Anticipation for minutes from the recent FOMC meeting and discussions over lending facilities dominate headlines, as central bank actions continue to drive sentiment.
- The AI and data center build-out continues at an aggressive pace, fueling broader market optimism about tech sector resilience and future growth potential.
- European and UK markets open the week with a more cautious tone, with concerns about fiscal policy decisions and sentiment subdued compared to the US.
- The energy sector sees major players like Chevron and Exxon point to long-term production growth despite near-term crude price declines, reflecting differentiated strategies by industry leaders.
- Macro themes include lingering uncertainty post-shutdown, the absence of key economic data, and a growing preference for defensive, quality assets over speculative growth plays.
News Conclusion
- Markets are beginning the week with mixed sentiment—bullish undertones in US stock indices, but pockets of caution evident in energy, metals, and overseas markets. Key data releases and central bank communications remain pivotal short-term drivers.
- Tech sector resilience continues to underpin major indices, absorbing pressure from rotation out of high-flyers, while oil and gold are navigating technical inflections and shifting macro headwinds.
- Institutional activity, evolving policy backdrops, and large-scale investment in technology and infrastructure contribute to both volatility and opportunities across asset classes.
- Cautious positioning and close attention to support levels reflect the underlying backdrop of uncertainty—a theme across equities, commodities, and currencies as the week unfolds.
Market News Sentiment:
Market News Articles: 19
- Negative: 42.11%
- Positive: 31.58%
- Neutral: 26.32%
Sentiment Summary: The latest market news reflects a predominantly negative tone, with 42.11% of articles conveying negative sentiment. Positive sentiment is present in 31.58% of the news, while 26.32% of articles are neutral.
Conclusion: The market news environment is currently marked by a higher proportion of negative sentiment relative to positive and neutral coverage.
GLD,Gold Articles: 8
- Neutral: 50.00%
- Positive: 25.00%
- Negative: 25.00%
Sentiment Summary: The recent coverage on GLD and gold shows a balanced sentiment, with half of the articles being neutral, and the remaining evenly split between positive and negative.
This indicates a market environment with mixed signals and no clear directional bias in current news sentiment.
USO,Oil Articles: 4
- Negative: 50.00%
- Neutral: 50.00%
Sentiment Summary: Recent news sentiment on USO and oil is evenly split between negative (50%) and neutral (50%).
Traders should note that coverage reflects a lack of positive momentum, with prevailing reports highlighting caution and potential concerns, as well as impartial analysis.
Market Data Snapshot
ETF Snapshot of major stock market ETFs, Mag7, and others as of: November 17, 2025 07:16
- USO 71.38 Bullish 2.19%
- NVDA 190.17 Bullish 1.77%
- MSFT 510.18 Bullish 1.37%
- TSLA 404.35 Bullish 0.59%
- IWM 237.48 Bullish 0.29%
- QQQ 608.86 Bullish 0.08%
- SPY 671.93 Bearish -0.02%
- META 609.46 Bearish -0.07%
- AAPL 272.41 Bearish -0.20%
- IJH 64.20 Bearish -0.22%
- TLT 88.87 Bearish -0.57%
- DIA 471.80 Bearish -0.62%
- GOOG 276.98 Bearish -0.77%
- AMZN 234.69 Bearish -1.22%
- GLD 375.96 Bearish -1.80%
- IBIT 53.48 Bearish -3.80%
Market State: ETF Stocks & MAG7 Overview (as of 11/17/2025)
ETF Stocks
- SPY: 671.93 (Bearish, -0.02%) – S&P 500 ETF slightly negative, attempting to hold levels but showing a marginal decline.
- QQQ: 608.86 (Bullish, +0.08%) – Nasdaq 100 ETF trading higher, but with only modest gains in today’s session.
- IWM: 237.48 (Bullish, +0.29%) – Russell 2000 ETF has a positive bias, small caps are in focus with advancing prices.
- IJH: 64.20 (Bearish, -0.22%) – Mid-cap ETF in retreat, under relative pressure compared to small and large caps.
- DIA: 471.80 (Bearish, -0.62%) – Dow Jones tracking ETF is underperforming, leading to a more risk-off sentiment in blue chips.
MAG7 Stocks
- AAPL: 272.41 (Bearish, -0.20%) – Apple shares edged lower.
- MSFT: 510.18 (Bullish, +1.37%) – Microsoft shows notable strength with robust upside.
- GOOG: 276.98 (Bearish, -0.77%) – Google shares continue to trend lower today.
- AMZN: 234.69 (Bearish, -1.22%) – Amazon is under distinct pressure in the latest session.
- META: 609.46 (Bearish, -0.07%) – Meta sees mild declines, remaining near recent range lows.
- NVDA: 190.17 (Bullish, +1.77%) – Nvidia leads the Mag7 group with strong performance and positive sentiment.
- TSLA: 404.35 (Bullish, +0.59%) – Tesla prints gains, maintaining an upward bias.
Other Key ETFs
- USO: 71.38 (Bullish, +2.19%) – Oil ETF surges, topping the day’s bullish moves among major ETFs.
- TLT: 88.87 (Bearish, -0.57%) – Long-term Treasuries ETF declines, hinting at rising yields or waning demand.
- GLD: 375.96 (Bearish, -1.80%) – Gold ETF falls sharply, reflecting reduced safe-haven interest.
- IBIT: 53.48 (Bearish, -3.80%) – Bitcoin ETF drops significantly, leading laggards with pronounced volatility.
Market Summary
Today’s snapshot shows a mixed market landscape. Bullish action is concentrated in the energy (USO) and select technology stocks (NVDA, MSFT, TSLA) along with pockets of strength in small caps (IWM). Meanwhile, major indices (SPY, DIA) and several MAG7 names (AAPL, GOOG, AMZN, META) are experiencing mild to moderate declines. Gold (GLD) and Bitcoin (IBIT) ETFs are notably weaker, suggesting a shift away from traditional safety and crypto assets. The overall tone is cautiously mixed with isolated outperformance and broader undercurrents of weakness.
Higher Time Frame Analysis
Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2025-11-17: 07:16 CT.
US Indices Futures
- ES New highs, YSFG/MSFG/WSFG up, short-term pivot downtrend, intermediate/long-term bullish, price above key S/R, retracement within broader uptrend.
- NQ YSFG/MSFG up, WSFG short-term down, swing pivots confirm pullback, bullish intermediate/long-term, support holding, price above fib grids, consolidation after rally.
- YM Strong intermediate/long-term uptrend, YSFG/MSFG up, WSFG short-term down/corrective, recent short signals, price above major S/R, swing pivots higher, correction within uptrend.
- EMD Downtrend on WSFG/MSFG/YSFG, daily pivots lower lows/highs, all MAs down, price below fib grid NTZ levels, short/intermediate/long-term bearish, support at 3149/3119.9.
- RTY Sharp pullback from highs, WSFG/MSFG short/intermediate-term down, YSFG up, daily pivots confirm downtrend, elevated volatility, price below key fib grid levels, long-term bull trend intact.
- FDAX Corrective phase, WSFG/MSFG down, YSFG up, price below key fib grid NTZs, swing pivots confirm downtrend, short/intermediate-term bearish, long-term bullish structure remains above 100/200 MA.
Overall State
- Short-Term: Bearish
- Intermediate-Term: Neutral-Bullish
- Long-Term: Bullish
Conclusion
US Indices Futures HTF technical structure shows persistent long-term bullish trends across major contracts (ES, NQ, YM, RTY, FDAX) supported by yearly/monthly fib grid levels and upward-trending benchmarks. The current environment reflects broad corrective phases on short- and intermediate-term timeframes, with swing pivots and moving averages confirming downtrends or consolidation after strong rallies. EMD stands out as the weakest, exhibiting full-frame bearish structure. ES, NQ, YM remain solidly above critical YSFG/MSFG supports, suggesting intact long-term bull structures, while active downtrends on WSFG/MSFG define the ongoing short-term corrections. The market context is consistent with digestion of recent highs, S/R levels and session grid pivots providing inflection points for potential continuation or further correction. Directional correlations are observed, with most indices participating in simultaneous pullbacks, but HTF supports maintain overarching uptrends absent new breakdowns below long-term anchors.
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

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