SPY Structure Update — DailyState Street SPDR S&P 500 ETFBATS:SPYcodymiller12727EMA stack remains in strong alignment, with the 10/20/50/200 all trending upward and showing clear curvature. Structure continues to reflect constructive momentum across all key moving averages. Price is holding above the stack, reinforcing trend strength rather than extension failure at this stage. RSI is steady at 71, signaling sustained participation without immediate signs of exhaustion, but still within a zone where continuation vs. cooling becomes important to monitor. OBV has been trending higher since March 30th, confirming accumulation behind the move. Recent behavior shows it holding gains rather than rolling over, which supports underlying strength. What I’m watching: Whether price continues to hold above the 10/20 EMA cluster (short-term momentum control) RSI behavior near current levels (continuation vs. divergence) OBV for continued confirmation vs. flattening ⭐ Final Clarity Note ⭐: Structure remains constructive with aligned trend, participation, and volume. As long as price holds above the EMA stack, the current trend structure stays intact.