SPY SPDR S&P 500 Weekly Chart Analysis: 2025-Nov-26 07:20 CT

Price Action

• Last: 675.02,
• 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 650.85,
• 4. Pvt. Next: Pvt High 689.70,
• 5. Levels R: 689.70,
• 6. Levels S: 650.85, 505.06, 493.86, 409.21, 380.65.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: [Not shown] [Not shown],
• (Intermediate-Term) 10 Week: [Not shown] [Not shown],
• (Long-Term) 20 Week: 652.95 Up Trend,
• (Long-Term) 55 Week: 573.94 Up Trend,
• (Long-Term) 100 Week: 495.13 Up Trend,
• (Long-Term) 200 Week: [Not shown] [Not shown].

Overall Rating

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

Key Insights Summary

The SPY weekly chart shows a strong long-term uptrend, with price well above the 20, 55, and 100 week moving averages, all of which are trending higher. The most recent price action, however, indicates a large, fast-moving bar to the downside from a swing high at 689.70, marking a short-term downtrend (DTrend) in the swing pivot summary. This suggests a pullback or correction phase within the broader uptrend. Intermediate-term structure remains bullish, as the HiLo trend is still up, and the next key support is at 650.85, with further support levels much lower. Resistance is defined at the recent high of 689.70. The neutral bias in the session fib grids (WSFG, MSFG, YSFG) indicates a lack of clear directional conviction in the short and intermediate term, possibly reflecting consolidation or a pause after a strong rally. For futures swing traders, this environment is characterized by a potential retracement or consolidation phase within a dominant bullish trend, with volatility elevated and the possibility of further tests of support before any resumption of the uptrend.