SPY SPDR S&P 500 Weekly Chart Analysis: 2026-May-04 07:08 CT

Price Action

• Last: 720.65,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month May

• 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 724.87,
• 4. Pvt. Next: Pvt Low 681.53,
• 5. Levels R: 724.87,
• 6. Levels S: 681.53, 650.34, 629.28, 505.06, 493.86, 409.21, 380.65.

Weekly Benchmarks

• (Short-Term) 5 Day: 678.69 Up Trend,
• (Short-Term) 10 Day: 675.21 Up Trend,
• (Intermediate-Term) 20 Day: 681.36 Up Trend,
• (Intermediate-Term) 55 Day: 650.34 Up Trend,
• (Long-Term) 100 Day: 612.95 Up Trend,
• (Long-Term) 200 Day: 523.60 Up Trend.

Overall Rating

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

Key Insights Summary

SPY is in a strong weekly trend continuation with price at 720.65 pressing into fresh highs above all benchmark moving averages, and the dominant slope across the 20, 55, 100, and 200 day benchmarks remains upward. The swing pivot structure is aligned with an active UTrend, while the current pivot high at 724.87 marks nearby resistance and the latest pivot low at 681.53 defines the most recent higher-low structure. The yearly session grid shows price trading above the upper NTZ area, keeping the longer-cycle backdrop constructive and trend-forward. The tape reflects a large-bar, fast-momentum expansion after a sharp rebound and breakout sequence, consistent with a continuation leg rather than a broad consolidation.