SPY SPDR S&P 500 Daily Chart Analysis: 2026-Jan-25 18:17 CT

Price Action

• Last: 689.23,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt high 696.49,
• 4. Pvt. Next: Pvt low 681.17,
• 5. Levels R: 696.49, 695.45, 690.96,
• 6. Levels S: 681.17, 676.57, 671.20, 650.85, 634.92.

Daily Benchmarks

• (Short-Term) 5 Day: 687.17 Up Trend,
• (Short-Term) 10 Day: 684.87 Up Trend,
• (Intermediate-Term) 20 Day: 680.89 Up Trend,
• (Intermediate-Term) 55 Day: 673.46 Up Trend,
• (Long-Term) 100 Day: 651.14 Up Trend,
• (Long-Term) 200 Day: 636.04 Up Trend.

Additional Metrics

• ATR:564,
• VOLMA:47470907.

Overall Rating

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

Key Insights Summary

The SPY daily chart shows a market in a broad uptrend on all major moving averages, with price currently above all key benchmarks (5, 10, 20, 55, 100, and 200 day MAs), confirming underlying bullish structure. However, the short-term and intermediate-term swing pivot trends have shifted to down (DTrend), with the most recent pivot high at 696.49 and the next potential pivot low at 681.17, indicating a corrective phase or pullback within the larger uptrend. Resistance is clustered near recent highs (696.49, 695.45), while support is layered below (681.17, 676.57, 671.20), suggesting a range-bound or consolidative environment as the market digests recent gains. ATR and volume metrics are moderate, reflecting average volatility and participation. Overall, the market is in a technical pause, with short-term downside risk but strong longer-term bullish context, typical of a swing trader’s “wait and see” zone for either a deeper retracement or a resumption of the primary uptrend.