SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Feb-01 18:17 CT

Price Action

WSFG Weekly

MSFG Month Feb

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The SPY weekly chart continues to show a strong bullish structure across all timeframes, with price action making new highs and all major swing pivot trends pointing upward. The most recent swing high at 690.59 is now the key resistance, while the next significant support is at 657.53, followed by deeper levels at 633.43 and 591.81. All benchmark moving averages from short to long term are in uptrends, confirming broad market strength and persistent momentum. The price remains well above the 20, 55, 100, and 200-week moving averages, indicating robust institutional support and a lack of major pullbacks. The neutral bias in the session fib grids suggests the market is consolidating at elevated levels, potentially digesting gains after a strong rally. For futures swing traders, the prevailing uptrend, higher lows, and absence of reversal signals highlight a continuation of bullish sentiment, though the market may be entering a phase of consolidation or minor retracement before the next directional move. Volatility appears contained, and the technical landscape favors trend-following strategies as long as support levels hold.


Chart Analysis ATS AI Generated: 2026-02-01 18:18 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.