Daily Morning Brief; August 13, 2026
Market Overview
The SPY is going for its 10th straight close above the 21 EMA and the stack is clean with the 8 sitting nearly 10 points over the 21. New highs today at 779.37 and price closed strong at 775.63, right up in the top of the range. VIX at 14.7 tells you there’s no fear here, buyers stay in control. The 8 EMA at 768.96 is your nearer support if this ever wants to breathe, no reason to look down at the 21 while it’s trending like this. Stay long and let it run.
