SPY SPDR S&P 500 Weekly Chart Analysis: 2025-Nov-19 07:18 CT

Price Action

• Last: 651.27,
• 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 low 605.68,
• 4. Pvt. Next: Pvt high 689.70,
• 5. Levels R: 689.70, 680.05, 669.45, 660.00,
• 6. Levels S: 605.68, 589.05, 572.09, 548.11.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 660.08 Down Trend,
• (Intermediate-Term) 10 Week: 651.27 Down Trend,
• (Long-Term) 20 Week: 620.86 Up Trend,
• (Long-Term) 55 Week: 572.09 Up Trend,
• (Long-Term) 100 Week: 494.03 Up Trend,
• (Long-Term) 200 Week: 409.21 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart shows a recent sharp pullback from all-time highs, with the last price at 651.27 and large, fast-moving bars indicating heightened volatility. Short-term momentum has shifted to the downside, as reflected by the DTrend in the current swing pivot and both the 5- and 10-week moving averages turning down. However, the intermediate- and long-term trends remain bullish, supported by higher swing lows and all major long-term moving averages (20, 55, 100, 200 week) trending upward. Key resistance is clustered near the recent high at 689.70, while support levels are layered below at 605.68 and 589.05. The market is currently in a corrective phase within a broader uptrend, with price action consolidating above major support zones. This environment is typical of a trend pullback or retracement phase, where short-term weakness contrasts with underlying long-term strength. Futures swing traders may interpret this as a period of consolidation or digestion after a strong rally, with the potential for volatility to persist as the market tests support and resistance levels.