SPY SPDR S&P 500 Daily Chart Analysis: 2026-Mar-10 07:10 CT

Price Action

• Last: 678.27,
• 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 685.85,
• 5. Levels R: 697.84, 697.14, 693.68, 693.09, 685.85,
• 6. Levels S: 669.66, 650.85.

Daily Benchmarks

• (Short-Term) 5 Day: 684.92 Down Trend,
• (Short-Term) 10 Day: 681.89 Down Trend,
• (Intermediate-Term) 20 Day: 685.92 Down Trend,
• (Intermediate-Term) 55 Day: 684.68 Down Trend,
• (Long-Term) 100 Day: 691.29 Down Trend,
• (Long-Term) 200 Day: 656.44 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-momentum bars breaking below recent swing lows and confirming a short-term and intermediate-term downtrend. Both the swing pivot trend and HiLo trend are in DTrend (downtrend), with the most recent pivot low at 669.66 and the next potential reversal at 685.85. Resistance levels are stacked above, with significant clusters near 693–697, while support is thin below, with the next major level at 650.85. All short- and intermediate-term moving averages are trending down, reinforcing the bearish momentum, while the 200-day MA remains in an uptrend, suggesting the longer-term structure is still intact but under pressure. ATR is elevated, indicating increased volatility, and volume remains robust. The market appears to be in a corrective phase, possibly following a failed breakout or exhaustion at recent highs, with price action characterized by sharp sell-offs and limited bounce attempts. The environment is choppy and volatile, with potential for further downside tests unless a strong reversal emerges above key resistance. No clear bullish reversal signals are present at this time.