SPY SPDR S&P 500 Daily Chart Analysis: 2026-Mar-09 07:12 CT

Price Action

• Last: 672.38,
• 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 high 685.14,
• 5. Levels R: 697.84, 697.14, 693.68, 693.09, 685.14,
• 6. Levels S: 669.66, 650.85, 632.92.

Daily Benchmarks

• (Short-Term) 5 Day: 683.31 Down Trend,
• (Short-Term) 10 Day: 688.18 Down Trend,
• (Intermediate-Term) 20 Day: 691.69 Down Trend,
• (Intermediate-Term) 55 Day: 684.04 Down Trend,
• (Long-Term) 100 Day: 681.94 Down Trend,
• (Long-Term) 200 Day: 656.05 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47,470,907.

Overall Rating

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

Key Insights Summary

The SPY daily chart reveals a pronounced shift to the downside, with large, fast-moving bars indicating heightened volatility and strong bearish momentum. Both short-term and intermediate-term swing pivot trends are in a clear downtrend, with the most recent pivot low at 669.66 and the next potential reversal at the pivot high of 685.14. Resistance levels cluster above 685, while support is found at 669.66 and further down at 650.85 and 632.92. All key moving averages (5, 10, 20, 55, 100-day) are trending down, reinforcing the bearish bias, though the 200-day remains in an uptrend, suggesting the longer-term structure is not yet broken. The ATR is elevated, reflecting increased volatility, and volume remains robust. The market appears to be in a corrective phase, possibly following a failed attempt to break higher, with price action testing lower support zones. The overall environment is characterized by strong selling pressure, with the potential for further downside unless a significant reversal develops at or above the current support levels.