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

Price Action

• Last: 677.18,
• 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 662.39,
• 4. Pvt. Next: Pvt high 686.94,
• 5. Levels R: 697.84, 697.14, 693.68, 687.09,
• 6. Levels S: 662.39, 650.85.

Daily Benchmarks

• (Short-Term) 5 Day: 683.30 Down Trend,
• (Short-Term) 10 Day: 684.45 Down Trend,
• (Intermediate-Term) 20 Day: 687.14 Down Trend,
• (Intermediate-Term) 55 Day: 684.92 Down Trend,
• (Long-Term) 100 Day: 683.38 Down Trend,
• (Long-Term) 200 Day: 656.87 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47470907.

Overall Rating

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

Key Insights Summary

The SPY daily chart reflects a pronounced shift to the downside, with large, fast-moving bars indicating heightened volatility and strong momentum in the recent selloff. Both short-term and intermediate-term swing pivot trends are in clear downtrends, with the most recent pivot low established at 662.39 and the next potential reversal level at 686.94. Multiple resistance levels cluster above current price, suggesting overhead supply and potential difficulty for any immediate recovery. All key moving averages (5, 10, 20, 55, 100-day) are trending down, reinforcing the bearish bias in the short and intermediate term, while the 200-day MA remains in an uptrend, keeping the long-term outlook neutral for now. The ATR is elevated, confirming increased volatility, and volume remains robust. The market appears to be in a corrective phase following a period of choppy, range-bound action, with the recent breakdown marking a decisive move lower. Futures swing traders will note the alignment of technicals for continued caution on the long side until a reversal signal or stabilization emerges, especially as price approaches major support zones.