On Friday, the U..S and China initially announced their agreement on the “Phase One” trade deal. While that might have assuaged trade war fears, certain elements of the apparent truce still remain unclear for now.
Thanks to the phase one agreement, China held off tariffs that were scheduled for Sunday on US goods. The proposed tariffs would have included U.S. autos and parts., and corn and other grains. The US also withdrew from its prior plan of slapping 15% tariffs on $160 billion worth of Chinese imports by Sunday.
Reuters reported that U.S. Trade Representative Robert Lighthizer told reporters that China would buy at least $16 billion more agricultural goods in each of the next two years, adding to the 2017 baseline of $24 billion. The report also mentions that Beijing agreed to try for $5 billion more in additional purchases each year – that would leads to total additional purchases of $40 billion to $50 billion.
Some existing tariffs on U.S. imports to China remain, just as the U.S. maintains its already-imposed tariffs ranging from 7.5% to 25% on about $370 billion of Chinese goods. White House economic adviser Larry Kudlow told Fox News' Maria Bartiromo that he sees the existing 25% tariffs on $250 billion on China as "insurance" to get China’s compliance with a deal.
Lighthizer indicated that the phase one deal includes structural changes by China such as commitments on ending pressure for U.S. companies to transfer their technology, and improved protections for intellectual property.
However, the phase one deal’s success could critically depend on whether and by how much the U.S. will roll back other tariffs, and when.
Both China and the U.S. would still need to officially sign the agreement, which Chinese officials said requires legal review. Lighthizer said both countries hope to sign the deal in Washington in early January.
SPY saw its Momentum Indicator move above the 0 level on November 28, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 73 similar instances where the indicator turned positive. In of the 73 cases, the stock moved higher in the following days. The odds of a move higher are at .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SPY's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SPY just turned positive on November 28, 2025. Looking at past instances where SPY's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .
SPY moved above its 50-day moving average on November 25, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SPY advanced for three days, in of 364 cases, the price rose further within the following month. The odds of a continued upward trend are .
SPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 10-day moving average for SPY crossed bearishly below the 50-day moving average on November 24, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SPY entered a downward trend on November 28, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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