SPY SPDR S&P 500 Daily Chart Analysis: 2026-Jan-06 07:19 CT

Price Action

• Last: 683.43,
• 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 671.20,
• 4. Pvt. Next: Pvt High 691.66,
• 5. Levels R: 691.66, 687.77,
• 6. Levels S: 671.20, 650.85, 632.95, 619.29.

Daily Benchmarks

• (Short-Term) 5 Day: 686.06 Down Trend,
• (Short-Term) 10 Day: 685.05 Down Trend,
• (Intermediate-Term) 20 Day: 683.84 Down Trend,
• (Intermediate-Term) 55 Day: 670.20 Up Trend,
• (Long-Term) 100 Day: 659.85 Up Trend,
• (Long-Term) 200 Day: 627.52 Up Trend.

Additional Metrics

• ATR: 551,
• VOLMA: 90M.

Overall Rating

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

Key Insights Summary

The SPY daily chart currently reflects a transition phase for swing traders. Price action has recently pulled back from resistance at 691.66, with the short-term pivot trend shifting to a downtrend, while the intermediate-term HiLo trend remains up. The last price sits just above the 20-day moving average, but all short-term benchmarks (5, 10, 20-day MAs) have turned down, indicating a loss of short-term momentum. However, the 55, 100, and 200-day moving averages are still trending up, supporting a bullish bias for the intermediate and long-term outlooks. The ATR remains moderate, suggesting contained volatility, and volume is steady. Key support levels to watch are 671.20 and 650.85, with resistance at 687.77 and 691.66. The market is consolidating after a strong rally, with a potential for further pullback or sideways action before the next directional move. Swing traders should note the mixed signals: short-term weakness within a broader uptrend, typical of a market digesting gains and possibly setting up for the next leg higher or a deeper retracement.