SPY SPDR S&P 500 Daily Chart Analysis: 2026-May-05 07:07 CT

Price Action

• Last: 718.01,
• 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 713.31,
• 5. Levels R: 724.87,
• 6. Levels S: 629.28, 619.29, 618.05, 591.89, 575.60.

Daily Benchmarks

• (Short-Term) 5 Day: 715.55 Up Trend,
• (Short-Term) 10 Day: 712.41 Up Trend,
• (Intermediate-Term) 20 Day: 698.50 Up Trend,
• (Intermediate-Term) 55 Day: 686.77 Up Trend,
• (Long-Term) 100 Day: 683.78 Up Trend,
• (Long-Term) 200 Day: 670.94 Up Trend.

Additional Metrics

• ATR: 613,
• VOLMA: 49470907.

Overall Rating

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

Key Insights Summary

SPY is in a strong V-recovery and continuation phase after the April swing low, with price pushing decisively back above the 20, 55, 100, and 200 day benchmarks. The pivot structure remains UTrend and the higher-low sequence from the selloff has converted into an upside expansion toward the 724.87 swing high reference. The daily pattern shows strong momentum, large range candles, and a clean reclaim of the April monthly fib zone, while the longer benchmark stack has turned supportive across the board. From a futures swing trader perspective, the tape is behaving like a trend-resumption move after a multi-week consolidation and breakdown/reversal sequence, with the current structure favoring bullish continuation until the next upper pivot test.