SPY SPDR S&P 500 Daily Chart Analysis: 2026-Feb-02 07:20 CT

Price Action

Last: 691.97,
Bars: Medium,
Mom: Average.

WSFG Weekly

Short-Term
WSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
WSFG Trend: Neutral.

MSFG Month Feb

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: UTrend,
3. Pvt. Evolve: Pvt high 694.81,
4. Pvt. Next: Pvt low 683.22,
5. Levels R: 697.84, 694.81, 688.44,
6. Levels S: 676.57, 671.20, 650.85.

Daily Benchmarks

(Short-Term) 5 Day: 693.38 Up Trend,
(Short-Term) 10 Day: 689.99 Up Trend,
(Intermediate-Term) 20 Day: 683.42 Up Trend,
(Intermediate-Term) 55 Day: 675.88 Up Trend,
(Long-Term) 100 Day: 653.42 Up Trend,
(Long-Term) 200 Day: 640.33 Up Trend.

Additional Metrics

ATR: 519,
VOLMA: 80M.

Overall Rating

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

Key Insights Summary

The SPY daily chart shows a market that has recently shifted to a short-term downtrend (DTrend) after printing a new swing high at 694.81, with the next key pivot low at 683.22. Despite this short-term reversal, the intermediate and long-term trends remain firmly bullish, as indicated by all benchmark moving averages trending upward and the HiLo Trend (intermediate-term) still in an uptrend. Price is consolidating near recent highs, with resistance at 697.84 and 694.81, and support at 676.57 and 671.20. The ATR and volume metrics suggest moderate volatility and healthy participation. The neutral stance in the short-term reflects a potential pause or pullback within a broader uptrend, typical of swing cycles after strong rallies. Futures swing traders may interpret this as a market in consolidation or minor retracement phase, with the primary trend structure still favoring the upside unless key support levels are breached.