SPY SPDR S&P 500 Daily Chart Analysis: 2026-Apr-22 07:09 CT

Price Action

• Last: 704.08,
• 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 712.49,
• 4. Pvt. Next: Pvt low 698.45,
• 5. Levels R: 712.49, 704.08, 698.45, 691.05, 681.98, 670.28,
• 6. Levels S: 629.28.

Daily Benchmarks

• (Short-Term) 5 Day: 702.98 Up Trend,
• (Short-Term) 10 Day: 690.62 Up Trend,
• (Intermediate-Term) 20 Day: 669.92 Up Trend,
• (Intermediate-Term) 55 Day: 676.53 Up Trend,
• (Long-Term) 100 Day: 680.85 Up Trend,
• (Long-Term) 200 Day: 666.92 Up Trend.

Additional Metrics

• ATR: 56.4,
• VOLMA: 47,470,907.

Overall Rating

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

Key Insights Summary

The SPY daily chart is showing a strong bullish momentum, with price making a sharp V-shaped recovery from the early April lows. The current price is at 704.08, with large bars and fast momentum, indicating aggressive buying and a potential breakout environment. All benchmark moving averages across short, intermediate, and long-term timeframes are in uptrends, confirming broad market strength. Swing pivot analysis shows both short-term and intermediate-term trends are up, with the most recent pivot high at 712.49 and the next potential pivot low at 698.45, suggesting the market is in an extended rally phase. Resistance levels are stacked above, but the nearest support is significantly lower at 629.28, highlighting the strength and speed of the recent move. ATR is elevated, reflecting increased volatility, while volume remains robust. The overall technical structure points to a bullish environment across all timeframes, with the market in a strong trend continuation phase following a major reversal. This setup is characteristic of a momentum-driven rally, often seen after significant corrections, and may attract trend-following strategies in the futures market.