SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Jan-23 07:16 CT

Price Action

• Last: 688.98,
• 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 688.98,
• 4. Pvt. Next: Pvt low 673.43,
• 5. Levels R: 688.98, 680.00, 669.43,
• 6. Levels S: 651.17, 595.03, 505.09, 409.21.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 687.08 Up Trend,
• (Intermediate-Term) 10 Week: 673.43 Up Trend,
• (Long-Term) 20 Week: 651.17 Up Trend,
• (Long-Term) 55 Week: 595.03 Up Trend,
• (Long-Term) 100 Week: 560.00 Up Trend,
• (Long-Term) 200 Week: 505.09 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 all benchmark moving averages trending upward. The most recent swing pivot is a new high at 688.98, with the next potential support at 673.43, indicating a healthy trend structure with higher highs and higher lows. Resistance levels are being tested and surpassed, while support levels remain well below current price, suggesting robust underlying momentum. The neutral bias in the session fib grids reflects a period of consolidation near highs, but the overall structure remains bullish. No significant reversal or topping patterns are present, and the market continues to respect long-term moving averages as dynamic support. This environment is characterized by trend continuation, with occasional pullbacks being absorbed quickly, typical of a strong bull market phase.