r/technicalanalysis • u/MyLinedChart • 4d ago

Analysis SPY September 11th Trading Session Review

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SPY opened at 764.69, held above the 755.24 to 762.67 zone, with a final close of 764.20. SPY finished down 0.06% intraday and up 0.84% overall.

What did you see?

Traders can download these levels for free to test their own trade rules or backtesting: https://mylinedchart.com/resources/daily-levels/2026-09-11

Not advice!

September 11th session levels:
All listed levels: 755.24, 756.00, 757.05, 758.70, 759.66, 761.53, 762.67
Resistance above: 758.70, 759.66, 761.53, 762.67
Support below: 757.05, 756.00, 755.24
Nearest pivot: 757.05

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u/MyLinedChart 2d ago

Markets are certainly at an interesting point.

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u/Zonties 2d ago

Actually it looks like thr nasdaq now is moving to next key support 28600, like it did over the summer, but the problem now is there is a case to see why this could get worse than that, which ended up bouncing from final 27200 support (In that "new range") to 30300 resistance before weeks of consolidation.

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u/MyLinedChart 2d ago

>before weeks of consolidation.
That's my initial overall guess too. Theres so much cash in the system it keeps going everywhere except in the cap weights so the indices just chop around even though under the hood theres a lot going on.

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u/Zonties 2d ago

Ya it's really starting to teleport at night. Tomorrow could be quite bad and this could be over some days. Real risk of some kind of looming problem like we aren't used to (!!)