Daily Price Action Analysis On The S&P 500 (SPY) ETF Thursday, March 16th, 2023. Daily Price Action Analysis On The S&P 500 (SPY) ETF Thursday, March 16th, 2023. Yesterday spy retrace from a major support zone. Daily Price Action Analysis On The S&P 500 (SPY) ETF Thursday, March 16th, 2023. Daily Price Action Analysis On The S&P 500 (SPY) ETF Thursday, March 16th, 2023. It is a good sign to the market began to change its trend. thou there is a panic in the stock market for bankruptcy in the USA. but over all market is bullish it seen. we can see a strong pullback in spy. It is a big pic of the market in that traders want to buy stock