* note the smoothed SPY using three moving averages at the bottom of the chart ... a simple trend identification to avoid bull traps and bear traps during intraday price action, now and in the future
SPY 314.71 = 13-day EMA value at this moment .. bulls need to defend this EMA if tested from above in the future, and notice all the MA's are rising for several weeks
$NYA - 8-day SMA above the 21-day EMA for multiple consecutive days, and this represents a bullish signature for the US equity market - do not ignore this signal
chart #2 shows the SPY 20-day EMA recently providing consistent support during intraday declines -