SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Feb-03 07:20 CT

Price Action

• Last: 695.41,
• 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,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt high 695.41,
• 4. Pvt. Next: Pvt low 677.26,
• 5. Levels R: 697.84,
• 6. Levels S: 677.26, 650.85, 505.06.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 695.41 Up Trend,
• (Intermediate-Term) 10 Week: 677.26 Up Trend,
• (Long-Term) 20 Week: 650.85 Up Trend,
• (Long-Term) 55 Week: 599.60 Up Trend,
• (Long-Term) 100 Week: 563.93 Up Trend,
• (Long-Term) 200 Week: 507.47 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, persistent uptrend across all major timeframes, with price action making new highs and all benchmark moving averages aligned in uptrends. The most recent swing pivot is a high at 695.41, with the next key support at 677.26, indicating a healthy distance from immediate downside risk. Resistance is marked at 697.84, just above the current price, suggesting the market is testing new highs. The neutral bias from the session fib grids (WSFG, MSFG, YSFG) reflects a consolidation phase within the broader uptrend, possibly as the market digests recent gains. The structure of higher lows and higher highs, along with the absence of significant pullbacks, points to trend continuation rather than reversal. Volatility appears contained, and there is no evidence of a major reversal or topping pattern. For swing traders, the environment remains favorable for trend-following strategies, with the primary risk being a potential retracement to the next support levels if momentum stalls. The overall technical landscape is robust, with bullish momentum prevailing into early 2026.