SPY SPDR S&P 500 Daily Chart Analysis: 2025-Nov-23 18:18 CT

Price Action

• Last: 664.41,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 658.25,
• 4. Pvt. Next: Pvt high 684.96,
• 5. Levels R: 689.70, 684.96, 675.56,
• 6. Levels S: 658.25, 618.05, 611.89.

Daily Benchmarks

• (Short-Term) 5 Day: 669.03 Down Trend,
• (Short-Term) 10 Day: 675.29 Down Trend,
• (Intermediate-Term) 20 Day: 684.96 Down Trend,
• (Intermediate-Term) 55 Day: 659.03 Up Trend,
• (Long-Term) 100 Day: 652.09 Up Trend,
• (Long-Term) 200 Day: 614.33 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47470907.

Overall Rating

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

Key Insights Summary

The SPY daily chart currently reflects a sharp pullback with fast momentum and large bars, indicating heightened volatility and active price swings. Both short-term and intermediate-term swing pivot trends have shifted to downtrends, with the most recent pivot low at 658.25 and resistance levels overhead at 675.56, 684.96, and 689.70. The 5, 10, and 20-day moving averages are all trending down, confirming short-term and intermediate-term bearishness, while the 55, 100, and 200-day moving averages remain in uptrends, supporting a longer-term bullish structure. The ATR is elevated, and volume is robust, suggesting strong participation during this corrective phase. The market is currently in a corrective swing within a broader uptrend, with price consolidating near key support. This environment is typical of a pullback or retracement within a larger bullish cycle, and traders are likely watching for signs of stabilization or reversal at support, or further downside momentum if support fails. The overall structure suggests a tactical bearish bias in the short and intermediate term, while the long-term trend remains intact.