$SPY — the uptrend is intact.
Three months: higher lows since the August base, 50-day rising at $768.60, price above it. The October push took out the old highs near $778.
Today's CPI selloff was the first real test in weeks — and the 50-day held on a closing basis at $769.60.
RSI 59 — constructive, not stretched. The moving-average stack (50 over 100 over 200, all rising) is textbook.
Support: $768.60 (50-day), then $756.96 (100-day). As long as price stays above the 50-day, dips are pullbacks, not reversals.