SPY SPDR S&P 500 Daily Chart Analysis: 2026-May-01 07:07 CT

Price Action

WSFG Weekly

MSFG Month May

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

SPY is in a strong upside expansion after a sharp V-shaped recovery from the March/April selloff low near 629.28, with price now pressing into fresh highs around 718.66 and the pivot structure fully in UTrend. The daily profile shows price well above the 5, 10, 20, 55, 100, and 200 day benchmarks, confirming broad trend alignment across short, intermediate, and long horizons. The recent move has reclaimed the April Monthly Session Fib Grid and is trading above the midrange with strong momentum, reflecting continuation behavior rather than consolidation. Swing pivot resistance is at the prior high 719.79, while the support stack below is layered at 629.28, 619.29, 618.05, 591.89, and 575.60, showing the chart has already converted a major prior breakdown into a new trend leg. Volume remains active and the ATR profile supports a larger-than-average daily range environment, consistent with a fast trending futures swing structure.


Chart Analysis ATS AI Generated: 2026-05-01 07:07 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.