$SPY ends the week with a Shooting Star

SPY: The week ends with a Shooting Star pattern and a negative RSI 5 divergence.

Levels to watch if the Shooting Star pattern indicates a correction:

1. The last breakout resulted in a new all-time high at 674.

2. The last higher low, which coincides with the 10-week simple moving average, is a key support level that must hold for the uptrend to continue at 663.