"Today's US Stock Market Analysis: The market remains stuck at a critical level The overall market is still in a state of waiting for direction. SPY continues to hold above the daily EMA 20, while QQQ is weaker, suppressed by the daily EMA 20. 1. SPY: 767 is the key level bulls must reclaim SPY is currently consolidating around the daily EMA 20. The short-term bullish structure hasn’t been broken, but there’s also no strong confirmation of a reversal yet. The upside target remains 767—only a valid breakout above this level will reopen upward momentum. On the downside, first watch the daily EMA 20, but the more critical support zone is 756–760. As long as this area holds, it’s still a high-level consolidation phase. If 756–760 is breached, prepare for a deeper daily-level correction, with the next target near 730. Above 767 signals strength; below 756–760 signals increased risk. 2. QQQ QQQ is weaker than SPY, currently still below the daily EMA 20. Although the 1-hour chart shows a potential inverse head-and-shoulders pattern and bullish divergence, the daily chart printed a Doji, which isn’t yet a confirmed reversal. The resistance zone at 710–714 aligns with the daily EMA 20. If QQQ can break through and hold above this level, the next upside target is 730. On the downside, the key levels remain the 701.59 gap and the psychological 700 level. If these are lost, the structure of the entire tech sector will deteriorate significantly, with the next support at 680, and in extreme cases, 660–661. Above 710–714 signals bullishness; below 700 signals deeper corrections. #StockMarket #SPY #QQQ #TradingAnalysis #Finance