SPY SPDR S&P 500 Daily Chart Analysis: 2026-Jan-05 07:16 CT

Price Action

• Last: 683.17,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Jan

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• 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 680.00,
• 4. Pvt. Next: Pvt High 691.66,
• 5. Levels R: 691.66, 690.18, 683.87,
• 6. Levels S: 671.20, 650.85, 632.95.

Daily Benchmarks

• (Short-Term) 5 Day: 687.44 DTrend,
• (Short-Term) 10 Day: 683.87 DTrend,
• (Intermediate-Term) 20 Day: 683.87 DTrend,
• (Intermediate-Term) 55 Day: 675.81 UTrend,
• (Long-Term) 100 Day: 669.93 UTrend,
• (Long-Term) 200 Day: 626.91 UTrend.

Additional Metrics

• ATR: 555,
• VOLMA: 80M.

Overall Rating

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

Key Insights Summary

The S&P 500 futures daily chart is currently showing a short-term pullback within a broader uptrend context. Price action has shifted to a short-term downtrend (DTrend) as indicated by the most recent swing pivot and the 5, 10, and 20-day moving averages all trending down. However, the intermediate-term HiLo trend remains up, and the 55, 100, and 200-day moving averages are still in uptrends, reflecting underlying bullish structure. Resistance is clustered near recent highs (691.66, 690.18, 683.87), while support is well-defined at 671.20 and lower at 650.85. Volatility (ATR) is moderate, and volume is steady. The market appears to be in a consolidation or corrective phase after a strong rally, with potential for further retracement or a base-building process before the next directional move. Futures swing traders should note the mixed signals: short-term weakness against a still-strong long-term trend, suggesting a period of digestion or mean reversion rather than a clear breakout or breakdown.