SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Jan-16 07:18 CT
Price Action
- Last: 692.21,
- 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 692.21,
- 4. Pvt. Next: Pvt low 629.13,
- 5. Levels R: 700.00, 692.21, 680.00,
- 6. Levels S: 671.10, 629.13, 588.08, 503.85, 409.21.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 685.08 Up Trend,
- (Intermediate-Term) 10 Week: 671.14 Up Trend,
- (Long-Term) 20 Week: 629.13 Up Trend,
- (Long-Term) 55 Week: 588.08 Up Trend,
- (Long-Term) 100 Week: 553.45 Up Trend,
- (Long-Term) 200 Week: 503.85 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The SPY weekly chart shows a strong, persistent uptrend across all timeframes, with price action making new highs and momentum holding steady at an average pace. All benchmark moving averages are trending upward, confirming broad market strength and trend alignment. Swing pivots indicate the most recent evolution is a pivot high at 692.21, with the next significant support at 629.13, suggesting a healthy distance from major support levels. Resistance is layered just above at 700 and 692, with support levels well below, indicating the market is extended but not yet showing reversal signals. The neutral bias in the session fib grids (WSFG, MSFG, YSFG) suggests price is consolidating near highs, possibly digesting gains after a strong rally. For a futures swing trader, this environment reflects a mature bull trend with no immediate signs of exhaustion, but with the potential for short-term consolidation or minor pullbacks before any further breakout or trend continuation. The overall technical structure remains robust, with higher lows and higher highs dominating the chart.
Chart Analysis ATS AI Generated: 2026-01-16 07:19 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.