SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Jan-09 07:19 CT

Price Action

• Last: 689.51,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 689.51,
• 4. Pvt. Next: Pvt low 668.67,
• 5. Levels R: 689.51, 668.67, 626.73,
• 6. Levels S: 609.85, 586.15, 505.05, 502.48, 409.21.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 664.3 Up Trend,
• (Intermediate-Term) 10 Week: 648.4 Up Trend,
• (Long-Term) 20 Week: 626.73 Up Trend,
• (Long-Term) 55 Week: 586.15 Up Trend,
• (Long-Term) 100 Week: 502.48 Up Trend,
• (Long-Term) 200 Week: 409.21 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart shows a strong and persistent uptrend across all timeframes, with price action making new highs and momentum holding steady at an average pace. All benchmark moving averages from short to long term are trending upward, confirming broad market strength. Swing pivot analysis highlights a current pivot high at 689.51, with the next potential pivot low at 668.67, suggesting the market is in an extension phase but with nearby support levels in place. Resistance is defined by recent highs, while support is layered below, notably at 609.85 and 586.15, with deeper support at the 100- and 200-week moving averages. The neutral bias in the session fib grids (WSFG, MSFG, YSFG) indicates a lack of immediate overbought or oversold conditions, supporting the ongoing trend. The chart structure reflects a classic trend continuation environment, with higher lows and higher highs, and no significant reversal signals present. This environment is typically characterized by trend-following behavior, with occasional pullbacks being absorbed by underlying support. The overall technical landscape remains robust, with no major signs of exhaustion or reversal at this time.