SPY SPDR S&P 500 Daily Chart Analysis: 2025-Nov-24 07:19 CT

Price Action

• Last: 652.09,
• Bars: Large,
• Mom: 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 648.25,
• 4. Pvt. Next: Pvt high 675.45,
• 5. Levels R: 689.70, 684.96, 675.56,
• 6. Levels S: 648.25, 618.05, 611.92, 591.89.

Daily Benchmarks

• (Short-Term) 5 Day: 659.03 Down Trend,
• (Short-Term) 10 Day: 652.09 Down Trend,
• (Intermediate-Term) 20 Day: 655.59 Down Trend,
• (Intermediate-Term) 55 Day: 664.41 Down Trend,
• (Long-Term) 100 Day: 652.09 Down 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: Neutral.

Key Insights Summary

The SPY daily chart currently reflects a decisive shift in momentum, with large, fast-moving bars indicating heightened volatility and a strong directional move. Both short-term and intermediate-term swing pivot trends have turned down (DTrend), with the most recent pivot evolving to a new swing low at 648.25. Resistance levels are stacked above at 675.56, 684.96, and 689.70, while support is found at 648.25, 618.05, and lower. All key short- and intermediate-term moving averages (5, 10, 20, 55, 100-day) are trending down, confirming the prevailing bearish sentiment, while the 200-day MA remains in an uptrend, suggesting the longer-term structure is still intact but under pressure. The ATR is elevated, and volume is robust, signaling active participation and potential for continued volatility. The market appears to be in a corrective phase following a failed breakout and rejection at recent highs, with a possible test of lower support zones if selling persists. The overall environment is characterized by a transition from a trending rally to a corrective or pullback phase, with the potential for further downside unless a strong reversal emerges at key support.