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

Price Action

Last: 691.97,
Bars: Medium,
Mom: Momentum 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: UTrend 2,
(Intermediate-Term) 2. HiLo Trend: UTrend 2,
3. Pvt. Evolve: Pvt high 691.97,
4. Pvt. Next: Pvt low 674.10,
5. Levels R: 691.97, 683.33, 677.55, 668.20,
6. Levels S: 674.10, 652.95, 633.49, 591.81, 506.27, 409.21.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 680.60 Up Trend,
(Intermediate-Term) 10 Week: 668.00 Up Trend,
(Long-Term) 20 Week: 657.53 Up Trend,
(Long-Term) 55 Week: 633.49 Up Trend,
(Long-Term) 100 Week: 591.81 Up Trend,
(Long-Term) 200 Week: 506.27 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart continues to show a strong bullish structure across all timeframes, with price action making new highs and maintaining higher lows. Momentum is average, and the medium-sized bars suggest steady participation without excessive volatility. All benchmark moving averages are trending upward, confirming the underlying strength and trend alignment from short to long term. Swing pivot analysis highlights a recent pivot high at 691.97, with the next key support at 674.10, and multiple support levels well below, indicating a robust cushion for any pullbacks. The neutral bias in the session fib grids suggests the market is not overextended, and the absence of reversal signals points to trend continuation. The chart reflects a classic trending environment, with no immediate signs of exhaustion or reversal, and the structure supports the ongoing uptrend, typical of a strong bull phase in the S&P 500 futures market.