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

Price Action

• Last: 644.01,
• Bars: Medium,
• Mom: Momentum average.

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: UTrend,
• 3. Pvt. Evolve: Pvt high 697.84,
• 4. Pvt. Next: Pvt low 595.95,
• 5. Levels R: 697.84,
• 6. Levels S: 595.95, 517.58, 409.21, 348.11.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 678.40 Down Trend,
• (Intermediate-Term) 10 Week: 644.01 Down Trend,
• (Long-Term) 20 Week: 606.27 Up Trend,
• (Long-Term) 55 Week: 574.34 Up Trend,
• (Long-Term) 100 Week: 541.00 Up Trend,
• (Long-Term) 200 Week: 517.58 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart shows a notable shift in short-term momentum, with the most recent swing pivot marking a lower high at 697.84 and a directional move down toward the next support at 595.95. Price has broken below both the 5-week and 10-week moving averages, confirming a short-term downtrend, while the intermediate-term HiLo trend remains up, suggesting the broader uptrend is still intact but under pressure. Long-term moving averages (20, 55, 100, 200 week) continue to trend upward, reflecting sustained bullish sentiment over the larger cycle. The price is currently consolidating within the yearly NTZ, with no clear breakout above resistance or breakdown below major support. This environment is characterized by increased volatility and potential for further retracement or a test of lower support levels. Futures swing traders should note the transition from a strong uptrend to a corrective phase, with the possibility of deeper pullbacks before any resumption of the primary trend. The market is in a consolidation phase, with short-term bearish signals but long-term bullish structure still intact.