The U.S. stock market experienced a notable pullback on February 25, 2025, as the S&P 500 Index ($SPX) dropped approximately 3%, testing its 100-day simple moving average (SMA) around 5922. This level has acted as a key indicator over the past several years, drawing buyers in prior tests. Earlier in the week, futures had opened green, signaling optimism among traders. However, the SPDR S&P 500 ETF Trust ($SPY) fell below yesterday's low to $596.49, approaching major support around $590.50. The $SPX Quarterly Sweet Spot was identified between 6029.79 and 5916.26. Options activity increased amid the market decline. Traders reported $SPY $608 puts gaining over 150%, while some locked profits on short-term calls. Some analysts anticipate a rebound targeting 6330 on the S&P 500 Index, referencing patterns similar to previous bullish phases.