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

Price Action

WSFG Weekly

MSFG Month Mar

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The SPY weekly chart shows a market that has recently experienced a pullback from a swing high at 697.84, with the most recent pivot low at 669.06. Price is currently consolidating near the upper end of the range, with medium-sized bars and average momentum, indicating a pause after a strong prior advance. The short-term trend has shifted to a downtrend, but intermediate and long-term trends remain firmly upward, supported by all major moving averages trending higher except for the short-term 5-week MA, which is in a downtrend. Key resistance is at the recent high (697.84), while support levels are layered below at 642.48, 600.42, and 512.59. The neutral stance in the short-term reflects the current consolidation and lack of directional bias in the weekly session fib grid, while the intermediate and long-term outlooks remain bullish, suggesting the broader uptrend is intact despite the recent retracement. This environment is typical of a market digesting gains, with potential for either a continuation higher or further consolidation before the next directional move.


Chart Analysis ATS AI Generated: 2026-03-05 07:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.