SPY SPDR S&P 500 Weekly Chart Analysis: 2025-Nov-20 07:19 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 605.86,
- 4. Pvt. Next: Pvt high 689.7,
- 5. Levels R: 689.7, 603.4, 480.68, 409.21,
- 6. Levels S: 605.86, 494.86, 409.21, 348.11.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 651.27 Down Trend,
- (Intermediate-Term) 10 Week: 651.27 Down Trend,
- (Long-Term) 20 Week: 651.27 Up Trend,
- (Long-Term) 55 Week: 572.09 Up Trend,
- (Long-Term) 100 Week: 494.03 Up Trend,
- (Long-Term) 200 Week: 494.03 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 large, fast-moving bars indicating heightened volatility and momentum. The short-term swing pivot trend has shifted to a downtrend, confirmed by both the 5- and 10-week moving averages turning lower. However, the intermediate- and long-term trends remain bullish, as seen in the upward trajectory of the 20-, 55-, 100-, and 200-week moving averages, and the HiLo trend still points up. Key resistance is at the recent high of 689.7, while support is clustered around 605.86 and further below at 494.86. The market is currently in a corrective phase within a broader uptrend, suggesting a possible retracement or consolidation after an extended rally. Futures swing traders will note the potential for mean reversion or a bounce at major support levels, but the short-term bias remains to the downside until a new pivot low is confirmed or momentum slows. The overall structure reflects a classic pullback within a strong bull market, with the potential for renewed upside if support holds and momentum stabilizes.
Chart Analysis ATS AI Generated: 2025-11-20 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.