SPY SPDR S&P 500 Daily Chart Analysis: 2026-Feb-17 07:14 CT

Price Action

• Last: 681.75,
• Bars: Large,
• Mom: Momentum fast.

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: Neutral,
• 3. Pvt. Evolve: Pvt High 697.14,
• 4. Pvt. Next: Pvt Low 679.06,
• 5. Levels R: 697.84, 697.14, 684.96,
• 6. Levels S: 675.79, 671.20, 650.85.

Daily Benchmarks

• (Short-Term) 5 Day: 688.09 Down Trend,
• (Short-Term) 10 Day: 684.82 Down Trend,
• (Intermediate-Term) 20 Day: 681.75 Down Trend,
• (Intermediate-Term) 55 Day: 679.06 Up Trend,
• (Long-Term) 100 Day: 643.02 Up Trend,
• (Long-Term) 200 Day: 634.82 Up Trend.

Additional Metrics

• ATR:564,
• VOLMA:47470907.

Overall Rating

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

Key Insights Summary

The SPY daily chart currently reflects a fast momentum move to the downside, with large bars indicating heightened volatility and a strong reaction off recent highs. The short-term trend has shifted to bearish, as confirmed by the swing pivot DTrend and all short-term moving averages turning down. Price has recently rejected from the 697 area, forming a new swing high and now targeting the next pivot low at 679.06, with key support at 675.79 and 671.20. Intermediate-term structure remains neutral, with price consolidating within the monthly session fib grid and no clear directional bias. Long-term moving averages remain in uptrend, suggesting the broader bull market structure is intact despite the current pullback. Volume and ATR are elevated, signaling active participation and potential for continued volatility. The market is in a corrective phase within a larger uptrend, with futures swing traders watching for either a continuation lower toward support or a reversal signal for a new leg higher.