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
- 2026-04-03 Good Friday
Earnings Radar
Monitoring for earnings releases by the Magnificent 7, AI-tech-related firms, and major financial institutions.
No monitored earnings reports are pending in the next 7 days.
For full details visit: Yahoo Earnings Calendar
EcoNews Radar U.S. Events
EcoNews Summary
- Tuesday 10:00 – JOLTS Job Openings (High Impact): A significant labor market indicator. Unexpected changes in job openings can quickly shift indices on labor supply expectations. A strong reading may fuel hawkish Fed sentiment.
- Wednesday 08:15 – ADP Non-Farm Employment Change (High Impact): Private sector payroll results influence sentiment ahead of Friday’s NFP. Surprises set directional tone for indices futures at the open.
- Wednesday 08:30 – Core/Retail Sales m/m (High Impact): Key gauge of consumer activity. Robust retail sales can lift index futures on growth optimism, but also raise expectations of continued monetary tightening.
- Wednesday 10:00 – ISM Manufacturing PMI (High Impact): Influences intraday volatility; a strong or weak reading can drive momentum or spark reversals late in the AM session.
- Thursday 08:30 – Unemployment Claims (High Impact): Weekly labor update. Surprises in claims data often provoke fast moves in index futures, especially if existing employment trends diverge from expectations.
- Friday 08:30 – Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings (All High Impact): The most anticipated jobs data of the month. Surprises here regularly drive outsized volatility and volume across index futures, potentially setting trends for days to follow.
- Wednesday 10:30 – Crude Oil Inventories (Low/Medium Impact, Oil-Related): Notable for S&P and Dow if inventory changes provoke sharp moves in oil prices, with possible inflationary or geopolitical effects rippling into equity indices.
EcoNews Conclusion
- Multiple high-impact labor and consumer data events across the week will likely result in significant directional moves and increased intraday volatility for US index futures, especially around the post-08:30 and 10:00 time cycles.
- Wednesday and Friday carry the bulk of the job and manufacturing sector risk, with Friday’s NFP dominating market focus.
- Wednesday’s ISM Manufacturing PMI and 10 AM news cycle can act as a catalyst for either reversals or continuations in prevailing trends.
- Crude Oil Inventories on Wednesday can affect indices if inventories diverge materially and impact oil prices due to inflation or geopolitical concerns.
For full details visit: Forex Factory EcoNews
Market News Summary
- Oil Markets: Oil prices surged throughout March amid escalating tensions in the Middle East, with Iran effectively closing the Strait of Hormuz and targeting tankers. Brent and WTI futures saw their biggest monthly gains in years, primarily driven by fears of transport disruptions rather than outright supply loss. Technical signals and policy threats, such as potential U.S. military escalation or diplomatic resolutions, created sizable volatility in energy futures.
- Equity Indices: Major U.S. stock indices, including the S&P 500 and Nasdaq, endured their worst quarterly losses in four years. The S&P 500 slid over 7% in March alone, pressured by war-related uncertainty, inflation risks, AI spending concerns, and stagnating economic data from abroad. The Nasdaq reached official correction territory, with technology stocks especially impacted. U.S. futures rebounded sharply after news that President Trump may be willing to end hostilities with Iran, fostering a brief risk-on sentiment.
- Sector Rotation and Opportunities: Despite recent declines, some analysts highlighted technology valuations and earnings growth as compelling for long-term buyers. REITs outperformed, emerging as the highest-yielding sector versus Treasuries. However, concerns over Big Tech’s massive AI investment meeting high energy costs weighed on growth expectations.
- Commodities Beyond Oil: Gold faced its steepest monthly drop since 2008 as rising rates, dollar strength, and elevated energy prices limited upside. Nevertheless, safe-haven flows provided intermittent support, with some analysts eyeing higher prices on ongoing geopolitical risks. Gasoline reached $4 per gallon for the first time in nearly four years, reflecting the broader energy shock’s impact.
- Macro Backdrop: Central bank policy remains cautious, with the Federal Reserve opting to wait as inflation expectations are not yet rising in line with the oil shock. Global growth headwinds persist, especially in Canada, which posted stagnant jobs and economic output for several months.
News Conclusion
- Geopolitical instability in the Middle East has fueled significant volatility in oil and stock index futures, with price swings tied to both military developments and policy rhetoric.
- Indices are recovering intraday after signs of potential de-escalation, but broad economic uncertainty, inflation risks, and sector-specific challenges—particularly in technology and energy-intensive industries—continue to weigh on sentiment.
- Persistent energy shocks are impacting consumer and producer prices, spilling over into related asset classes like REITs, gold, and sectors sensitive to inflation and interest rates.
- Market participants are closely watching for shifts in policy, conflict resolution, and macro data to gauge the path ahead as the second quarter of 2026 begins.
Market News Sentiment:
Market News Articles: 22
- Negative: 54.55%
- Positive: 22.73%
- Neutral: 22.73%
Sentiment Summary: Out of 22 market news articles, 54.55% carried a negative sentiment, 22.73% were positive, and 22.73% were neutral.
This distribution indicates that recent market news coverage has leaned more negative overall, with fewer articles reflecting positive or neutral sentiment.
GLD,Gold Articles: 6
- Neutral: 66.67%
- Negative: 16.67%
- Positive: 16.67%
Sentiment Summary: The majority of recent articles on GLD and gold exhibit a neutral sentiment (66.67%), with the remainder split evenly between negative (16.67%) and positive (16.67%) views.
This indicates a predominantly neutral outlook in recent market coverage, with limited strongly positive or negative sentiment expressed.
USO,Oil Articles: 6
- Positive: 66.67%
- Negative: 16.67%
- Neutral: 16.67%
Sentiment Summary: The majority of recent articles concerning USO and oil are positive (66.67%), with a smaller proportion reflecting negative (16.67%) or neutral (16.67%) sentiment.
This suggests that current market news has an overall positive tone regarding USO and the oil sector.
Market Data Snapshot
ETF Snapshot of major stock market ETFs, Mag7, and others as of: March 31, 2026 07:16
- USO 129.83 Bullish 4.53%
- META 536.38 Bullish 2.03%
- TLT 86.78 Bullish 1.33%
- AMZN 200.95 Bullish 0.81%
- IBIT 37.68 Bullish 0.75%
- MSFT 358.96 Bullish 0.61%
- DIA 452.06 Bullish 0.15%
- GLD 414.58 Bearish -0.03%
- GOOG 273.14 Bearish -0.23%
- SPY 631.97 Bearish -0.33%
- QQQ 558.28 Bearish -0.76%
- IJH 65.59 Bearish -0.79%
- AAPL 246.63 Bearish -0.87%
- NVDA 165.17 Bearish -1.40%
- IWM 239.61 Bearish -1.44%
- TSLA 355.28 Bearish -1.81%
ETF Stock & Major Tech Overview (as of 03/31/2026)
This market snapshot summarizes performance and sentiment across leading ETFs, the “Magnificent 7”, and other key products, categorized by their current short-term direction (bullish/bearish percent move). No trading advice.
Bullish Momentum
- USO (Crude Oil): $129.83 — +4.53%. Oil ETF shows sharp upside, leading overall gains.
- META: $536.38 — +2.03%. Meta Platforms extends its uptrend among tech leaders.
- TLT (20+ Yr Treasuries): $86.78 — +1.33%. US long bonds see renewed interest.
- AMZN: $200.95 — +0.81%. Amazon posts modest gains amid big tech.
- IBIT (Bitcoin ETF): $37.68 — +0.75%. Crypto ETF holds upward trajectory.
- MSFT: $358.96 — +0.61%. Microsoft continues incremental climb.
- DIA (Dow 30 ETF): $452.06 — +0.15%. Blue-chip index ETF posts mild gain.
Mixed/Fading
- GLD (Gold): $414.58 — -0.03%. Gold ETF trades flat but slightly negative.
Bearish / Selling Pressure
- GOOG: $273.14 — -0.23%. Google/Alphabet faces mild selling.
- SPY (S&P 500 ETF): $631.97 — -0.33%. Broad market ETF slips lower.
- QQQ (Nasdaq 100 ETF): $558.28 — -0.76%. Major tech-index ETF underperforms.
- IJH (Midcap ETF): $65.59 — -0.79%. Midcaps show notable downside move.
- AAPL: $246.63 — -0.87%. Apple retraces after strong runs.
- NVDA: $165.17 — -1.40%. Nvidia under pressure as tech softens.
- IWM (Russell 2000 ETF): $239.61 — -1.44%. Small caps experience pronounced decline.
- TSLA: $355.28 — -1.81%. Tesla leads the laggards among major tech names.
Summary
The snapshot reflects a mixed US equity market landscape. Energy (USO), some large cap techs (META, MSFT, AMZN), and Treasury bonds (TLT) see bullish sentiment, while major index ETFs (SPY, QQQ, IWM) and several key tech names (AAPL, NVDA, TSLA) show notable declines. Gold is mostly unchanged. Bitcoin ETF (IBIT) remains resilient. Volatility across sectors remains elevated.
Higher Time Frame Analysis
Summary of the current state of US Indices Futures based on higher time-frame (HTF) technical analysis as of: 2026-03-31: 07:16 CT.
US Indices Futures
- ES Weak corrective phase, YSFG/MSFG down, WSFG up, benchmarks mixed, pivots trend down, key S/R: 6345.25 (support), 6725.25/7092.75 (resistance).
- NQ All HTF grids down, YSFG/MSFG/WSFG bearish, benchmarks trending down, pivots down, resistance stacked, key levels: 23,359.00 pivot low, 24,600.00 resistance.
- YM YSFG up, MSFG down, WSFG up, long-term bullish, ST/IT pivots down, support at 45042/39331, resistance at 50901, MAs long-term up, short term mixed.
- EMD YSFG/MSFG down, WSFG up, pivots short/intermediate-term down, benchmarks trend down, support at 3277.0, resistance 3435.0/3528.3, volatile/indecisive trade signals.
- RTY YSFG/MSFG down, WSFG up, benchmarks mixed with short/intermediate-term down, pivots down, support at 2404.0, resistance 2628.3/2764.9, high volatility persists.
- FDAX YSFG/MSFG down, WSFG up, benchmarks ST/IT down, long-term up, pivots down, key support 22142/22947, resistance 25656/25854, short-term attempts to reverse amid overall pressure.
Overall State
- Short-Term: Neutral
- Intermediate-Term: Bearish
- Long-Term: Bearish
Conclusion
US Indices Futures are in mixed HTF technical states. Short-term signals (WSFG) are generally up due to recent volatility and countertrend bounces, but both intermediate and long-term MSFG and YSFG fib grids confirm dominant downtrends with price below major NTZ/F0% levels. All contracts show bearish or corrective structures in pivots and moving average benchmarks, with only occasional longer-term support holding (e.g., YM weekly). Support/resistance clusters remain significant, and recent trade signals highlight indecision or two-way volatility. Overall, the HTF structure across indices is in a corrective, bearish phase, with short-term rallies facing substantial overhead resistance and the prevailing trend correlations aligning with sustained intermediate/long-term weakness.
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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