SPY SPDR S&P 500 Daily Chart Analysis: 2026-Apr-20 07:07 CT

Price Action

• Last: 710.14,
• 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 710.14,
• 4. Pvt. Next: Pvt Low 667.27,
• 5. Levels R: 710.14, 702.13, 692.28, 681.95, 619.08, 618.05, 609.91, 577.00,
• 6. Levels S: 666.01, 664.10, 629.28.

Daily Benchmarks

• (Short-Term) 5 Day: 682.23 Up Trend,
• (Short-Term) 10 Day: 670.15 Up Trend,
• (Intermediate-Term) 20 Day: 679.18 Up Trend,
• (Intermediate-Term) 55 Day: 679.78 Down Trend,
• (Long-Term) 100 Day: 664.41 Up Trend,
• (Long-Term) 200 Day: 660.01 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47,470,907.

Overall Rating

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

Key Insights Summary

The SPY daily chart shows a strong bullish reversal and breakout, with price surging to new highs at 710.14. The recent price action is characterized by large bars and fast momentum, indicating aggressive buying and a potential short-covering rally. All short- and long-term moving averages (except the 55-day) are in uptrends, confirming broad-based strength. Swing pivots confirm an uptrend in both short- and intermediate-term metrics, with the most recent pivot high at the current price and the next potential pivot low far below, suggesting little immediate overhead resistance. Support levels are clustered well below current price, highlighting the magnitude of the recent move. Volatility (ATR) is elevated, and volume is robust, supporting the conviction behind the move. The overall structure suggests a V-shaped recovery from the recent lows, with the market breaking out of consolidation and overcoming prior resistance levels. The environment is currently bullish across all timeframes, with technicals favoring trend continuation unless a sharp reversal emerges.