SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Mar-27 07:09 CT

Price Action

• Last: 645.09,
• 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 645.09,
• 4. Pvt. Next: Pvt high 697.84,
• 5. Levels R: 697.84, 680.24,
• 6. Levels S: 601.01, 595.95, 548.11, 516.49, 409.21, 348.11.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 671.73 Down Trend,
• (Intermediate-Term) 10 Week: 680.24 Down Trend,
• (Long-Term) 20 Week: 644.37 Down Trend,
• (Long-Term) 55 Week: 605.01 Up Trend,
• (Long-Term) 100 Week: 576.48 Up Trend,
• (Long-Term) 200 Week: 516.49 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart shows a significant pullback from recent highs, with the last price at 645.09 and large, fast-moving bars indicating heightened volatility. Both short-term and intermediate-term swing pivot trends have shifted to the downside, confirmed by the most recent pivot low and a series of lower highs. The 5- and 10-week moving averages have turned down, reinforcing the bearish momentum in the short and intermediate timeframes. However, the longer-term 55-, 100-, and 200-week moving averages remain in uptrends, suggesting the broader bull market structure is intact despite the current correction. Key resistance is overhead at 697.84 and 680.24, while support levels are layered below, with the nearest at 601.01 and 595.95. The price is currently within the yearly NTZ, reflecting a neutral bias on the long-term grid, and the overall structure hints at a corrective phase within a larger uptrend. Futures swing traders will note the transition from bullish to corrective action, with the potential for further downside testing of support before any resumption of the primary trend.