SPY SPDR S&P 500 Weekly Chart Analysis: 2025-Nov-16 18:17 CT

Price Action

• Last: 673.34,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Nov

• 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 high 689.70,
• 4. Pvt. Next: Pvt low 643.42,
• 5. Levels R: 689.70,
• 6. Levels S: 643.42, 570.06, 492.86, 409.21, 348.11.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 673.34 Down Trend,
• (Intermediate-Term) 10 Week: 658.49 Down Trend,
• (Long-Term) 20 Week: 643.42 Up Trend,
• (Long-Term) 55 Week: 570.06 Up Trend,
• (Long-Term) 100 Week: 492.86 Up Trend,
• (Long-Term) 200 Week: 429.99 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart shows a strong long-term uptrend, with all major long-term moving averages (20, 55, 100, 200 week) trending higher and well below current price, confirming persistent bullish momentum over the past year. However, recent price action has shifted: the last swing pivot marked a new high at 689.70, but the current short-term trend has turned down (DTrend), and both the 5- and 10-week moving averages have rolled over, indicating a short-term pullback or correction phase. The most immediate support is at 643.42, with deeper levels at 570.06 and below, while resistance is set at the recent high. The intermediate-term trend remains up, suggesting the current move may be a retracement within a broader bullish structure. The chart reflects a classic scenario where a strong rally is undergoing a corrective phase, with volatility elevated and the potential for further downside tests before any resumption of the primary uptrend. Futures swing traders will note the interplay between short-term weakness and long-term strength, with the market currently consolidating after a significant advance.