SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Apr-16 07:09 CT
Price Action
- Last: 699.94,
- 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 low 629.28,
- 4. Pvt. Next: Pvt high 697.84,
- 5. Levels R: 697.84,
- 6. Levels S: 678.61, 645.86, 609.30, 520.26.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 686.05 Up Trend,
- (Intermediate-Term) 10 Week: 671.44 Up Trend,
- (Long-Term) 20 Week: 678.61 Up Trend,
- (Long-Term) 55 Week: 645.86 Up Trend,
- (Long-Term) 100 Week: 609.30 Up Trend,
- (Long-Term) 200 Week: 520.26 Up Trend.
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The SPY weekly chart shows a strong bullish structure across all timeframes, with price recently rebounding sharply from a swing low at 629.28 to challenge the previous swing high resistance at 697.84. The large, fast momentum bars indicate aggressive buying interest, likely fueled by a combination of positive sentiment and potential macroeconomic or earnings catalysts. All benchmark moving averages (from 5-week to 200-week) are trending upward, confirming the underlying strength and trend alignment. The price is currently within the NTZ (neutral zone) of the yearly session fib grid, suggesting a pause or consolidation phase after the recent rally, but the prevailing uptrend remains intact. Support levels are well-defined below, providing a cushion for any pullbacks, while resistance at the recent high will be a key area to watch for potential breakout or rejection. The overall technical landscape favors trend continuation, with higher lows and higher highs dominating the chart structure, and no immediate signs of reversal or exhaustion.
Chart Analysis ATS AI Generated: 2026-04-16 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.