AI Summary
StalkSPY's long-term uptrend remains intact despite a modest pullback that has produced lower highs and lower lows under the 9- and 20-day EMAs, reflecting a healthy consolidation in a Stage 2 correction. Intermediate structure remains bullish within the broader bull market, but short-term timing is unfavorable as price holds just below declining short-term EMAs and above the 50-day SMA. Execution is best deferred, stalking for a pullback and acceptance around the 50-day SMA or prior consolidation lows near the 735–720 support zone. Primary risks include a deeper corrective extension below the 50-day SMA and a resumption of selling pressure that invalidates the Stage 2 support level.