SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Apr-02 07:09 CT

Price Action

• Last: 665.23,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Apr

• 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 644.01,
• 4. Pvt. Next: Pvt high 697.84,
• 5. Levels R: 697.84,
• 6. Levels S: 644.01, 606.27, 551.95, 517.58, 409.21, 348.11.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 660.86 Down Trend,
• (Intermediate-Term) 10 Week: 663.48 Down Trend,
• (Long-Term) 20 Week: 678.40 Down Trend,
• (Long-Term) 55 Week: 606.27 Up Trend,
• (Long-Term) 100 Week: 551.95 Up Trend,
• (Long-Term) 200 Week: 517.58 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart shows a notable shift in momentum, with large, fast-moving bars indicating heightened volatility and a strong directional move. Both short-term and intermediate-term swing pivot trends have turned downward, confirmed by the most recent pivot low at 644.01 and resistance at the previous high of 697.84. The price is currently below the 5, 10, and 20-week moving averages, all of which are trending down, reinforcing the bearish tone in the short and intermediate timeframes. However, the longer-term 55, 100, and 200-week moving averages remain in uptrends, suggesting that the broader bull market structure is still intact despite the current pullback. The price is consolidating near key support levels, with the next major support at 606.27 and further below at 551.95 and 517.58. The neutral bias in the session fib grids across all timeframes points to a market in transition, potentially awaiting further catalysts. Overall, the chart reflects a corrective phase within a long-term uptrend, with futures swing traders likely monitoring for signs of stabilization or reversal at these support zones.