SPY SPDR S&P 500 Daily Chart Analysis: 2026-Apr-24 07:07 CT

Price Action

• Last: 708.45,
• 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 710.00,
• 4. Pvt. Next: Pvt Low 699.31,
• 5. Levels R: 710.00, 708.45,
• 6. Levels S: 699.31, 674.95, 667.76.

Daily Benchmarks

• (Short-Term) 5 Day: 707.12 Up Trend,
• (Short-Term) 10 Day: 697.06 Up Trend,
• (Intermediate-Term) 20 Day: 678.72 Up Trend,
• (Intermediate-Term) 55 Day: 674.95 Up Trend,
• (Long-Term) 100 Day: 681.57 Up Trend,
• (Long-Term) 200 Day: 667.76 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 recovery with price surging to new highs, confirmed by large bars and fast momentum. All benchmark moving averages across short, intermediate, and long-term are in uptrends, supporting the strength of the current move. Swing pivot analysis highlights an active uptrend with the most recent pivot high at 710.00 and next potential support at 699.31. Resistance is thin above, with price consolidating near highs after a sharp V-shaped recovery from the early April lows. Volatility remains elevated (ATR 564), and volume is robust, indicating strong participation in the move. The overall structure suggests a trend continuation environment, with higher lows and higher highs dominating the recent price action. No significant reversal signals are present, and the market is in a momentum-driven phase, typical of post-correction rallies.