SPY SPDR S&P 500 Weekly Chart Analysis: 2025-Dec-03 07:17 CT

Price Action

Last: 655.94,
Bars: Medium,
Mom: Momentum average.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Dec

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: UTrend,
(Intermediate-Term) 2. HiLo Trend: DTrend,
3. Pvt. Evolve: Pvt low 638.82,
4. Pvt. Next: Pvt high 681.53,
5. Levels R: 681.53, 655.94,
6. Levels S: 638.82, 615.24, 505.95, 409.21.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 673.44 Up Trend,
(Intermediate-Term) 10 Week: 656.08 Up Trend,
(Long-Term) 20 Week: 615.24 Up Trend,
(Long-Term) 55 Week: 576.02 Up Trend,
(Long-Term) 100 Week: 538.12 Up Trend,
(Long-Term) 200 Week: 496.34 Up Trend.

Overall Rating

Short-Term: Bullish,
Intermediate-Term: Neutral,
Long-Term: Bullish.

Key Insights Summary

The SPY weekly chart shows a market that has recently experienced a strong upward move, with price currently consolidating near recent highs. The short-term swing pivot trend remains up, supported by all benchmark moving averages trending higher, indicating underlying strength. However, the intermediate-term HiLo trend has shifted to down, suggesting some corrective action or consolidation is underway after the recent rally. Key resistance is at 681.53, with immediate support at 638.82 and further levels below, which could be tested if the pullback deepens. The overall structure remains bullish on the long-term, with higher lows and strong support from the 20, 55, 100, and 200 week moving averages. The market appears to be in a pause or digestion phase after a significant advance, with potential for either a continuation higher if resistance is broken, or a deeper retracement if support levels fail. Volatility and choppy price action may persist as the market resolves this consolidation.