SPY SPDR S&P 500 Daily Chart Analysis: 2026-Apr-12 18:06 CT

Price Action

• Last: 679.46,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 679.46,
• 4. Pvt. Next: Pvt Low 629.28,
• 5. Levels R: 697.84, 697.14, 693.68, 687.09,
• 6. Levels S: 629.28.

Daily Benchmarks

• (Short-Term) 5 Day: 658.98 Up Trend,
• (Short-Term) 10 Day: 664.28 Up Trend,
• (Intermediate-Term) 20 Day: 670.32 Up Trend,
• (Intermediate-Term) 55 Day: 683.38 Down Trend,
• (Long-Term) 100 Day: 679.49 Down Trend,
• (Long-Term) 200 Day: 664 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47,470,907.

Overall Rating

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

Key Insights Summary

The SPY daily chart shows a strong recovery rally off the recent swing low at 629.28, with price surging to a new pivot high at 679.46. Momentum is fast and bars are large, indicating aggressive buying and a potential short squeeze dynamic. Both short-term and intermediate-term swing pivot trends have shifted to UTrend, confirming a bullish reversal from the prior down leg. All short-term and intermediate-term moving averages (5, 10, 20 day) are in uptrends, supporting the bullish momentum, while the 55 and 100 day MAs remain in downtrends, reflecting residual longer-term weakness. The 200 day MA has turned up, suggesting the major trend is stabilizing. Resistance is stacked above at 687–697, with the next support far below at 629.28, highlighting a wide range and potential for volatility. Volume and ATR are elevated, consistent with a high-energy environment often seen after a V-shaped recovery. The overall structure suggests a transition from a deep pullback to a possible trend continuation, but with significant overhead resistance to test. The market is in a bullish phase short- and intermediate-term, while the long-term trend is still neutral as price approaches key resistance levels.