SPY SPDR S&P 500 Daily Chart Analysis: 2026-Mar-15 18:08 CT

Price Action

• Last: 662.29,
• 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 662.29,
• 4. Pvt. Next: Pvt high 679.38,
• 5. Levels R: 697.84, 697.14, 693.68, 693.09, 679.38,
• 6. Levels S: 662.39, 650.85.

Daily Benchmarks

• (Short-Term) 5 Day: 674.04 Down Trend,
• (Short-Term) 10 Day: 683.38 Down Trend,
• (Intermediate-Term) 20 Day: 683.93 Down Trend,
• (Intermediate-Term) 55 Day: 683.25 Down Trend,
• (Long-Term) 100 Day: 663.04 Down Trend,
• (Long-Term) 200 Day: 658.24 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 is showing pronounced downside momentum, with large bearish candles and fast momentum confirming strong selling pressure. Both short-term and intermediate-term swing pivot trends are in a clear downtrend, with the most recent pivot low established at 662.29 and the next potential reversal only above 679.38. Resistance levels are stacked above, indicating multiple overhead supply zones, while support is thin and sits just below at 662.39 and further down at 650.85. All key moving averages (5, 10, 20, 55, 100-day) are trending down, reinforcing the bearish structure, though the 200-day MA remains in an uptrend, suggesting the longer-term trend has not fully reversed. Volatility is elevated (high ATR), and volume remains robust, supporting the conviction behind the move. The market is in a corrective phase, with a strong sell-off and no immediate signs of reversal, as price is breaking below recent support pivots and failing to reclaim any significant resistance. This environment is characterized by trend continuation to the downside, with potential for further volatility and possible tests of lower support levels if selling persists.