SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Feb-24 07:10 CT

Price Action

• Last: 632.39,
• 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 632.39,
• 4. Pvt. Next: Pvt low 610.11,
• 5. Levels R: 632.39, 610.11,
• 6. Levels S: 598.79, 570.44, 543.86, 505.05, 493.86, 409.21.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 640.87 Up Trend,
• (Intermediate-Term) 10 Week: 633.28 Up Trend,
• (Long-Term) 20 Week: 610.11 Up Trend,
• (Long-Term) 55 Week: 598.79 Up Trend,
• (Long-Term) 100 Week: 570.44 Up Trend,
• (Long-Term) 200 Week: 511.22 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 uptrend across all major timeframes, with price action making new highs and momentum holding steady at an average pace. The most recent swing pivot marks a new high at 632.39, with the next potential support pivot at 610.11, indicating a healthy distance between current price and key support. All benchmark moving averages from short to long term are trending upward, reinforcing the prevailing bullish structure. The neutral bias in the session fib grids suggests the market is consolidating near highs, possibly digesting gains after a strong rally. Support levels are well-defined and layered below, providing a cushion in the event of a pullback. From a futures swing trader’s perspective, the market remains in a robust uptrend, with no immediate signs of reversal or exhaustion, though the neutral fib grid bias hints at a possible pause or sideways movement before the next directional move. The technical landscape favors trend continuation, but traders should remain attentive to any emerging reversal signals or volatility spikes as price consolidates at elevated levels.