SPY SPDR S&P 500 Daily Chart Analysis: 2026-Mar-20 07:10 CT

Price Action

• Last: 659.80,
• 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 650.17,
• 4. Pvt. Next: Pvt high 682.75,
• 5. Levels R: 697.14, 693.66, 687.14, 682.75,
• 6. Levels S: 650.85.

Daily Benchmarks

• (Short-Term) 5 Day: 665.92 Down Trend,
• (Short-Term) 10 Day: 669.02 Down Trend,
• (Intermediate-Term) 20 Day: 683.39 Down Trend,
• (Intermediate-Term) 55 Day: 682.24 Down Trend,
• (Long-Term) 100 Day: 660.17 Down Trend,
• (Long-Term) 200 Day: 634.25 Up Trend.

Additional Metrics

• ATR: 856,
• VOLMA: 84M.

Overall Rating

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

Key Insights Summary

The SPY daily chart reveals a pronounced bearish momentum in both the short- and intermediate-term, with large, fast-moving bars and a clear downtrend in all key moving averages except the 200-day, which remains in an uptrend. Swing pivots confirm a dominant downtrend, with the most recent pivot low at 650.17 and resistance levels stacked above current price, suggesting overhead supply. The ATR is elevated, indicating heightened volatility, while volume remains robust. The market is in a corrective phase, with price action breaking below recent support and testing lower levels. The overall structure points to a strong sell-off, with no immediate signs of reversal, and the long-term trend is at risk of shifting if current conditions persist. The environment is characterized by volatility, potential for further downside, and a lack of bullish catalysts in the technicals.