SPY SPDR S&P 500 Daily Chart Analysis: 2025-Aug-21 07:21 CT

Price Action

• Last: 638.11,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Aug

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2025

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 620.41,
• 4. Pvt. Next: Pvt High 646.19,
• 5. Levels R: 646.19, 645.05, 641.85, 640.19,
• 6. Levels S: 620.41, 619.05, 618.09, 617.85, 617.50.

Daily Benchmarks

• (Short-Term) 5 Day: 638.72 Up Trend,
• (Short-Term) 10 Day: 636.13 Up Trend,
• (Intermediate-Term) 20 Day: 633.16 Up Trend,
• (Intermediate-Term) 55 Day: 620.41 Up Trend,
• (Long-Term) 100 Day: 602.41 Up Trend,
• (Long-Term) 200 Day: 591.84 Up Trend.

Additional Metrics

• ATR: 512,
• VOLMA: 71M.

Overall Rating

• Short-Term: Neutral,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

The SPY daily chart shows a market that has recently shifted to a short-term corrective phase, as indicated by the DTrend in the short-term swing pivot, while the intermediate and long-term trends remain firmly bullish. Price is consolidating just below recent highs, with the last close at 638.11 and resistance levels clustered near 646.19. Support is well-defined around 620.41, aligning with the 55-day moving average, which continues to trend upward. All benchmark moving averages from short to long-term are in uptrends, confirming underlying strength. Volatility, as measured by ATR, is moderate, and volume remains robust. The neutral stance in the short-term reflects a pause or pullback within a broader uptrend, typical of late-stage summer trading where markets often digest gains. Futures swing traders will note the potential for either a continuation breakout above resistance or a deeper retracement toward support, with the overall structure favoring bullish setups on pullbacks as long as key support levels hold.