SPDR S&P 500 ETF Trust (SPY)

Published 2026-03-16 • by freedomtrades

Original Post ↗SEC:
[All][10-K][10-Q]
Market Intel:
Yahoo Finance 📊TradingView 📈Koyfin 🎯

Thesis Summary

The author mentions using the SPY as an indicator of the overall market environment, particularly in relation to drawdowns. It's used to assess whether the market is choppy or trending below the 20-day moving average, aiding in risk management.

Quantitative Overlay

Detailed Deep Dive

Now, as a beginner, to assess what kind of environment you are trading in, simply look at indicators like what the SPY -0.04%↓ is doing, is it chopping around, or is it below the 20 MA?

Then you can look at $VIX to get an understanding of market volatility.

If it’s above 25, I’m telling you that this is not a suitable environment to buy breakouts :)