SPY SPDR S&P 500 Weekly Chart Analysis: 2025-Aug-24 18:11 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The SPY weekly chart shows a strong bullish structure across all timeframes, with price recently making new highs at 645.31 and momentum accelerating. All benchmark moving averages are trending upward, confirming the strength of the uptrend. Swing pivot analysis highlights a clear uptrend in both short- and intermediate-term, with the next significant support at 591.57 and resistance at the recent high. The price is well above all major support levels, and the market has recovered sharply from the last major pullback, indicating robust buying interest. The neutral bias in the session fib grids suggests the market is not currently overextended relative to its yearly, monthly, or weekly ranges, supporting the potential for continued trend movement. The overall technical landscape is characterized by trend continuation, higher highs, and strong momentum, with no immediate signs of reversal or exhaustion.


Chart Analysis ATS AI Generated: 2025-08-24 18:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.