SPY SPDR S&P 500 Daily Chart Analysis: 2026-Mar-31 07:10 CT

Price Action

• Last: 631.97,
• 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 631.97,
• 4. Pvt. Next: Pvt high 662.62,
• 5. Levels R: 693.68, 687.09, 683.39, 662.62,
• 6. Levels S: 618.29, 611.08, 591.89, 577.69.

Daily Benchmarks

• (Short-Term) 5 Day: 648.91 Down Trend,
• (Short-Term) 10 Day: 656.42 Down Trend,
• (Intermediate-Term) 20 Day: 665.99 Down Trend,
• (Intermediate-Term) 55 Day: 673.97 Down Trend,
• (Long-Term) 100 Day: 680.07 Down Trend,
• (Long-Term) 200 Day: 661.93 Down Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47470907.

Overall Rating

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

Key Insights Summary

The SPY daily chart is showing pronounced downside momentum, with large bearish bars and fast momentum confirming strong selling pressure. All benchmark moving averages across short, intermediate, and long-term timeframes are trending down, reinforcing a broad-based bearish environment. Swing pivot analysis highlights a dominant downtrend in both short and intermediate terms, with the most recent pivot low at 631.97 and the next potential reversal only at 662.62, suggesting significant room before any meaningful bounce. Resistance levels are stacked well above current price, while support levels are spaced out, indicating the potential for continued volatility and wide price swings. The ATR remains elevated, and volume is robust, both pointing to heightened activity and volatility. No clear reversal signals are present, and the market is in a strong trend phase rather than consolidation or a choppy regime. From a futures swing trader’s perspective, the environment is decisively bearish, with trend continuation dominating over any countertrend or mean-reversion setups at this stage.