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.
- CRM Release: 2026-02-26 T:AMC
Earnings Summary and Market Conclusion:
Looking ahead to Salesforce (CRM) earnings set to release after market close on February 26, overall index futures activity may experience subdued momentum and lighter volume leading up to the event. This pattern often occurs as traders and investors pause amid anticipation of results from prominent AI and cloud technology names such as CRM, especially with additional market-moving updates pending from NVDA and other MAG7-related stocks. Uncertainty around the earnings and broader tech sector performance tends to keep the S&P 500 and Nasdaq Index futures in a narrow range before the news breaks, reflecting the market’s wait-and-see approach. Once CRM reports, futures volatility and trading volume are likely to pick up, particularly within tech-heavy indices, as participants react to insights on enterprise AI adoption and cloud trends. The reaction to CRM, along with ongoing anticipation for upcoming releases from NVDA and MAG7 peers, will likely set the tone for subsequent index futures direction and risk sentiment.
For full details visit: Yahoo Earnings Calendar
EcoNews Radar U.S. Events
EcoNews Summary
Thursday 08:30 – USD Unemployment Claims (High Impact)
The weekly Unemployment Claims data will provide insight into the strength of the U.S. labor market. Elevated or unexpectedly rising claims can signal labor market weakness, often causing downward pressure and increased volatility on equity index futures. Conversely, lower-than-expected claims may reinforce economic resilience and bolster bullish sentiment.
Friday 08:30 – USD Core PPI m/m & PPI m/m (High Impact)
Friday brings dual inflation readings with both Core PPI and headline PPI month-over-month reports. Higher-than-anticipated numbers may reignite inflation concerns, increase the odds of a more hawkish monetary policy stance, and put pressure on indices. Softer readings, on the other hand, could ease yield and rate-hike fears, supporting market risk appetite.
EcoNews Conclusion
Back-to-back high impact data releases will set the tone for market direction, with Thursday’s labor figures and Friday’s inflation prints both possessing the potential to spark significant index futures volatility and momentum shifts, especially around the 08:30 ET release windows.
For full details visit: Forex Factory EcoNews
Market News Summary
- U.S. Equities: The U.S. stock market saw bullish momentum, with tech stocks leading and the S&P 500 breaking above key technical resistance. Strong corporate earnings, particularly in the tech sector, prompted a rally, though geopolitical uncertainty and the overturning of certain tariff authorities have added volatility. Some reports cautioned against relying on traditional valuation measures, as structural changes may render them less applicable.
- Futures & Indices: Futures for the Dow Jones and Nasdaq 100 displayed mixed action, influenced by Middle East tensions and anticipation of upcoming Fed announcements. Market direction was choppy, swinging between gains and losses with jobless claims data in focus.
- Geopolitics & Tariffs: The removal of tariffs via a Supreme Court decision created uncertainty and trading opportunities, as businesses and traders adjusted to new rules. U.S.–Iran nuclear talks in Geneva added global volatility, boosting safe-haven demand assets.
- Gold: Gold surged past $5,200, approaching fresh highs driven by risk aversion linked to U.S.–Iran tensions and trade policy shifts. However, some profit-taking pressure emerged, with technical support levels closely watched.
- Oil & Energy: Oil prices climbed, holding near multi-month highs on geopolitical risk and position adjustments ahead of U.S.–Iran talks, despite large inventory builds. Longer-term forecasts indicate the potential for a retreat if tensions ease.
- Europe: Italy is moving to relax financial sanctions to improve capital market conditions.
- Other Market Themes: High-profile resignations at global organizations and attention on Congressional trading highlight broader market uncertainties and the evolving regulatory and sentiment environment.
News Conclusion
- U.S. markets remain resilient, underpinned by tech sector strength and ongoing robust earnings, but face headline-driven volatility from geopolitical and trade developments.
- Index futures exhibit indecision amid global risks, with attention shifting to economic data and central bank communications.
- Gold and oil continue to act as key macro barometers, fluctuating with every headline related to the Middle East and trade policy changes.
- Profit-taking in precious metals and position adjustments in energy markets suggest cautious trading around major support and resistance zones as participants await more clarity.
- Structural shifts in valuation metrics and changing regulatory backdrops emphasize the need for nuanced market interpretation beyond traditional models.
Market News Sentiment:
Market News Articles: 28
- Neutral: 39.29%
- Positive: 35.71%
- Negative: 25.00%
Sentiment Summary:
Out of 28 market news articles, 39.29% were neutral, 35.71% were positive, and 25.00% were negative.
This distribution suggests that current market news coverage is largely neutral, with a slightly higher proportion of positive sentiment compared to negative.
GLD,Gold Articles: 13
- Positive: 46.15%
- Negative: 38.46%
- Neutral: 15.38%
Sentiment Summary: Out of 13 recent articles about GLD and Gold, 46.15% conveyed a positive sentiment, 38.46% were negative, and 15.38% maintained a neutral stance.
Conclusion: Market news sentiment for GLD and Gold is mixed, with a slight predominance of positive sentiment over negative. Neutral coverage remains limited.
USO,Oil Articles: 8
- Neutral: 50.00%
- Positive: 25.00%
- Negative: 25.00%
Sentiment Summary: The recent coverage of USO and oil markets is predominantly neutral (50%), with an even split between positive (25%) and negative (25%) sentiment among the remainder of articles.
This indicates a balanced news environment, with no clear leaning toward optimism or pessimism in current reporting.
Market Data Snapshot
ETF Snapshot of major stock market ETFs, Mag7, and others as of: February 26, 2026 07:16
- IBIT 39.23 Bullish 7.39%
- MSFT 400.60 Bullish 2.98%
- META 653.69 Bullish 2.25%
- TSLA 417.40 Bullish 1.96%
- QQQ 616.68 Bullish 1.45%
- NVDA 195.56 Bullish 1.41%
- AMZN 210.64 Bullish 1.00%
- SPY 693.15 Bullish 0.84%
- AAPL 274.23 Bullish 0.77%
- GOOG 313.03 Bullish 0.68%
- DIA 494.82 Bullish 0.62%
- IWM 264.58 Bullish 0.47%
- IJH 71.78 Bullish 0.38%
- TLT 89.91 Bullish 0.01%
- GLD 473.42 Bearish -0.25%
- USO 79.73 Bearish -1.28%
Market Summary: ETFs, Mag7, and Sector Sentiment (as of 02/26/2026, 07:16 UTC)
Major Index ETFs: Strong Bullish Momentum
- SPY (S&P 500): Bullish +0.84%
- QQQ (Nasdaq 100): Bullish +1.45%
- DIA (Dow Jones): Bullish +0.62%
- IWM (Russell 2000): Bullish +0.47%
- IJH (S&P MidCap 400): Bullish +0.38%
Major US equity index ETFs exhibit broad-based bullishness, with the Nasdaq and S&P 500 leading gains. Relative strength in QQQ suggests outsized performance from large-cap tech.
MAG7 Mega-Caps: Accelerated Bullish Leadership
- MSFT: Bullish +2.98%
- META: Bullish +2.25%
- TSLA: Bullish +1.96%
- NVDA: Bullish +1.41%
- AMZN: Bullish +1.00%
- AAPL: Bullish +0.77%
- GOOG: Bullish +0.68%
All MAG7 tech giants report positive momentum, with Microsoft and Meta sharply outperforming the group. Tech leadership remains a key driver for US markets, and broader sector sentiment is positive.
Other Major Thematic & Sector ETFs: Mixed Sentiment
- IBIT (Bitcoin ETF): Bullish +7.39%
- TLT (20+ Yr Treasury): Bullish +0.01%
- GLD (Gold): Bearish -0.25%
- USO (Oil): Bearish -1.28%
Notable divergence appears in thematic and alternative assets. The Bitcoin ETF (IBIT) sees a significant bullish surge, while Gold (GLD) and Oil (USO) come under bearish pressure. Long-duration Treasuries (TLT) hold flat to slightly positive.
Summary Table: Sentiment Overview
| Asset | Status | % Change |
|---|---|---|
| IBIT | Bullish | +7.39% |
| MSFT | Bullish | +2.98% |
| META | Bullish | +2.25% |
| TSLA | Bullish | +1.96% |
| QQQ | Bullish | +1.45% |
| NVDA | Bullish | +1.41% |
| AMZN | Bullish | +1.00% |
| SPY | Bullish | +0.84% |
| AAPL | Bullish | +0.77% |
| GOOG | Bullish | +0.68% |
| DIA | Bullish | +0.62% |
| IWM | Bullish | +0.47% |
| IJH | Bullish | +0.38% |
| TLT | Bullish | +0.01% |
| GLD | Bearish | -0.25% |
| USO | Bearish | -1.28% |
Key Takeaway: US equities and mega-cap tech maintain strong bullish trends, with IBIT headline gains among thematic plays, while defensive and commodity-linked ETFs are under mild to moderate bearish pressure.
Higher Time Frame Analysis
Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2026-02-26: 07:16 CT.
US Indices Futures
- ES Uptrend on WSFG, MSFG; consolidation beneath YSFG/NTZ, major MA benchmarks rising, swing pivots support, key S/R: 7043.00 (resist), 6910/6923.33 (support), minor corrective/consolidative phase on daily.
- NQ Consolidation on weekly, WSFG up, MSFG/YSFG down, MAs mixed upward, short-term daily bullish with bounce, intermediate/long-term pivots and grids remain bearish, key S/R: highs/resist above, supports below.
- YM Bullish on MSFG/YSFG, WSFG short-term pullback, MA benchmarks rising, weekly pivot high 49,065 (resist), support at 48,452/48,675, consolidating after rally, daily shows range-bound structure near highs.
- EMD Weekly bullish structure, short-term WSFG pullback below NTZ, MSFG/YSFG, MAs trending up, new highs at 3608.7 (resist), support 3440.5, volatility elevated, overall uptrend with short-term retracement risk.
- RTY Strong uptrend all grids, all MAs up, swing pivots confirm higher highs, current resist 2749.2 (weekly), support 2556.6/2571.5, bullish structure, consolidation just beneath resistance, trend continuation favored.
- FDAX Persistent uptrend every timeframe, price and all MAs above SFGs, weekly pivot high 25641, support at 24513/24788, moderate volatility, buying persistence after minor pullbacks, resilient structure.
Overall State
- Short-Term: Mixed to Bullish (neutral/consolidative in ES, NQ, YM, EMD; bullish in RTY, FDAX)
- Intermediate-Term: Bullish (except NQ bearish, NQ corrective/consolidative, rest are bullish)
- Long-Term: Bullish (broad bullish structure for all except NQ daily, which remains bearish corrective with upward pressure building)
Conclusion
US Indices Futures remain primarily bullish on higher timeframes (WSFG, MSFG, YSFG, MAs), with strong support from swing pivot structures and all key moving averages (except NQ intermediate/long-term signals). Consolidation or minor corrective phases are noted in several indices following recent advances, especially ES, YM, and EMD, while NQ shows mixed momentum—short-term bounce but intermediate and long-term downward signals. FDAX and RTY exhibit sustained strength above session fib grid NTZs, supporting overall bullish momentum across weekly and daily contexts. Support and resistance levels are well defined across indices, indicating pivotal price zones for ongoing trend assessment. Directional correlations point to ongoing HTF uptrends, with localized volatility and consolidation phases, but no immediate broad reversal confirmation across the major US indices futures.
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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