SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Apr-08 07:10 CT

Price Action

Last: 659.22,
Bars: Medium,
Mom: Momentum slow.

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: UTrend,
3. Pvt. Evolve: Pvt low 644.43,
4. Pvt. Next: Pvt high 697.84,
5. Levels R: 697.84,
6. Levels S: 644.43, 607.77, 518.81.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 677.59 Down Trend,
(Intermediate-Term) 10 Week: 644.43 Up Trend,
(Long-Term) 20 Week: 607.77 Up Trend,
(Long-Term) 55 Week: 601.24 Up Trend,
(Long-Term) 100 Week: 518.81 Up Trend,
(Long-Term) 200 Week: 348.11 Up Trend.

Overall Rating

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

Key Insights Summary

The SPY weekly chart shows a recent pullback from the swing high at 697.84, with price currently at 659.22 and momentum slowing. The short-term swing pivot trend has shifted to a downtrend, confirmed by the 5-week moving average turning down, while the intermediate and long-term trends remain bullish as indicated by higher moving averages and an uptrend in the HiLo swing structure. Price is consolidating near the NTZ (neutral zone) of the yearly session fib grid, suggesting indecision and a lack of clear directional bias in the short term. Key support levels are at 644.43 and 607.77, with resistance at the recent high of 697.84. The overall structure points to a corrective phase within a broader uptrend, typical of a market digesting gains after a strong rally. Futures swing traders may note the potential for further consolidation or a retest of support before any renewed trend continuation, with the broader context still favoring the bulls on higher timeframes.