SPY confirms Elliott Wave mastery with blue box rally

💡 DMK Insight

The recent analysis of SPY’s 1-hour Elliott Wave Charts reveals a bullish impulse structure stemming from the November 21, 2025 low, which is crucial for traders to understand current momentum. This pattern suggests that SPY could be in a strong uptrend, and traders should look for confirmation through volume spikes or breakouts above key resistance levels. If SPY maintains this impulse structure, it could lead to further gains, but it’s also essential to monitor for any signs of exhaustion or reversal patterns that might indicate a pullback. Given the broader market context, where volatility is high, this could impact correlated assets like QQQ or IWM, making it vital to keep an eye on their movements as well. Watch for any significant shifts in sentiment or economic indicators that could disrupt this bullish trend.