SPY SPDR S&P 500 Weekly Chart Analysis: 2025-Nov-09 18:14 CT

Price Action

WSFG Weekly

MSFG Month Nov

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The SPY weekly chart shows a notable divergence between short-term and longer-term trends. Price recently pulled back from a swing high at 689.70, with the current bar closing at 670.97, and momentum is average. The short-term swing pivot trend has shifted to down (DTrend), confirmed by the 5-week MA turning down, suggesting a corrective phase or pullback after a strong rally. However, the intermediate and long-term trends remain firmly bullish, as indicated by the upward trajectory of the 10, 20, 55, 100, and 200-week moving averages, and the intermediate-term HiLo trend is still up (UTrend). Key resistance is at the recent high (689.70), with support at 644.58 and further below at 493.86 and 409.21. The market is consolidating after a strong advance, with the current price action representing a potential pause or retracement within a broader uptrend. Futures swing traders may interpret this as a period of short-term volatility or mean reversion, while the underlying bullish structure remains intact for the intermediate and long-term horizons.


Chart Analysis ATS AI Generated: 2025-11-09 18:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.