SPY SPDR S&P 500 Daily Chart Analysis: 2026-Mar-18 07:11 CT

Price Action

• Last: 670.79,
• Bars: Medium,
• Mom: Momentum slow.

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 670.12,
• 4. Pvt. Next: Pvt high 697.38,
• 5. Levels R: 697.84, 697.14, 697.09, 693.68, 683.39,
• 6. Levels S: 650.85, 634.92, 612.29.

Daily Benchmarks

• (Short-Term) 5 Day: 670.18 Down Trend,
• (Short-Term) 10 Day: 672.44 Down Trend,
• (Intermediate-Term) 20 Day: 680.89 Down Trend,
• (Intermediate-Term) 55 Day: 682.31 Down Trend,
• (Long-Term) 100 Day: 683.91 Down Trend,
• (Long-Term) 200 Day: 650 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 currently reflects a swing structure dominated by a short-term and intermediate-term downtrend, as indicated by both the swing pivot metrics and the alignment of all key moving averages (except the 200-day) in a downward trajectory. Price is trading below the 20, 55, and 100-day moving averages, reinforcing the prevailing bearish momentum. The most recent swing pivot is a low at 670.12, with the next significant resistance at 697.38, and support levels notably lower at 650.85 and 634.92. Volatility remains elevated (ATR: 564), but volume is moderate, suggesting a controlled but persistent sell-off rather than panic. The market is in a corrective phase, with no clear signs of reversal or capitulation yet. The 200-day MA remains in an uptrend, which tempers the long-term outlook to neutral, but the short- and intermediate-term structure favors continued downside or consolidation until a significant pivot high is established or a strong reversal signal emerges. This environment is typical of a swing trader’s market, where rallies are being sold and lower highs/lows are forming, with the potential for further tests of support if momentum does not shift.