SPY SPDR S&P 500 Daily Chart Analysis: 2026-Mar-17 07:11 CT

Price Action

• Last: 669.03,
• 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 669.03,
• 4. Pvt. Next: Pvt high 679.38,
• 5. Levels R: 697.84, 697.14, 693.68, 693.09, 687.14, 683.39,
• 6. Levels S: 650.85, 634.02, 632.95, 629.29, 612.09.

Daily Benchmarks

• (Short-Term) 5 Day: 672.02 Down Trend,
• (Short-Term) 10 Day: 683.44 Down Trend,
• (Intermediate-Term) 20 Day: 682.33 Down Trend,
• (Intermediate-Term) 55 Day: 683.95 Down Trend,
• (Long-Term) 100 Day: 683.36 Down Trend,
• (Long-Term) 200 Day: 658.60 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 reveals a pronounced shift to the downside, with fast momentum and large bars indicating heightened volatility and strong selling pressure. Both short-term and intermediate-term swing pivot trends are in a clear downtrend, with the most recent pivot low at 669.03 and the next potential reversal at 679.38. Multiple resistance levels cluster above, while support is spaced further below, suggesting the market is in a corrective or potentially impulsive decline phase. All key moving averages except the 200-day are trending down, reinforcing the bearish bias in the short and intermediate term. The 200-day MA remains in an uptrend, which tempers the long-term outlook to neutral, hinting at a possible larger consolidation or the early stages of a longer-term pullback. ATR is elevated, and volume remains robust, confirming active participation and volatility. No clear directional bias from the session fib grids, indicating price is not anchored to a major support or resistance zone. Overall, the technical landscape is dominated by downside momentum, with the potential for further volatility as the market tests lower support levels.