SPY SPDR S&P 500 Daily Chart Analysis: 2026-Mar-05 07:11 CT

Price Action

• Last: 685.13,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Mar

• 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: DTrend,
• 3. Pvt. Evolve: Pvt low 669.66,
• 4. Pvt. Next: Pvt low 691.29,
• 5. Levels R: 697.84, 697.14, 693.68, 687.14, 681.47,
• 6. Levels S: 669.66, 650.85.

Daily Benchmarks

• (Short-Term) 5 Day: 683.71 Down Trend,
• (Short-Term) 10 Day: 688.11 Down Trend,
• (Intermediate-Term) 20 Day: 691.47 Down Trend,
• (Intermediate-Term) 55 Day: 681.47 Down Trend,
• (Long-Term) 100 Day: 655.14 Up Trend,
• (Long-Term) 200 Day: 829 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47470907.

Overall Rating

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

Key Insights Summary

The SPY daily chart reveals a pronounced short- and intermediate-term downtrend, with large, fast-momentum bars indicating heightened volatility and strong directional moves. Both the swing pivot trend and HiLo trend are in decline, with the most recent pivot low at 669.66 and the next key pivot level at 691.29. Resistance is stacked above current price, with multiple swing highs between 681 and 698, while support is notably lower at 669.66 and 650.85. All short- and intermediate-term moving averages are trending down, confirming the prevailing bearish momentum, while the long-term 100 and 200-day MAs remain in uptrends, suggesting the broader bull market structure is intact. The ATR and volume metrics confirm increased activity and volatility, typical of corrective or transitional phases. The market is currently in a corrective swing, with price action testing lower support zones after a sharp sell-off, but the long-term trend remains constructive. This environment is characterized by choppy, volatile swings, with potential for sharp countertrend rallies as price approaches major support, but the dominant short-term bias remains bearish until a clear reversal or higher low is established.