SPY SPDR S&P 500 Weekly Chart Analysis: 2025-Nov-17 07:18 CT

Price Action

• Last: 671.93,
• 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: 658.49 Up Trend,
• (Intermediate-Term) 10 Week: 648.41 Up Trend,
• (Long-Term) 20 Week: 643.42 Up Trend,
• (Long-Term) 55 Week: 570.06 Up Trend,
• (Long-Term) 100 Week: 499.99 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 and intermediate-term uptrend, as evidenced by all major moving averages (20, 55, 100, 200 week) trending upward and price holding well above these benchmarks. The most recent swing pivot has marked a high at 689.70, with a short-term downtrend emerging as price pulls back from this resistance. The current bar is large with fast momentum, indicating heightened volatility and a possible short-term correction or retracement phase. Support levels are layered below, with the nearest at 643.42, which aligns with the 20-week moving average, suggesting this area could be a key battleground for buyers and sellers. The overall structure remains bullish on higher timeframes, with the intermediate-term trend still up, but the short-term bias has shifted to bearish as the market digests recent gains. This environment is typical of a market in a strong uptrend experiencing a corrective pullback, with potential for either a continuation of the larger trend or a deeper retracement depending on how price reacts at key support levels.