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

Price Action

• Last: 733.83,
• 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 734.59,
• 4. Pvt. Next: Pvt Low 723.23,
• 5. Levels R: 734.59,
• 6. Levels S: 629.28.

Daily Benchmarks

• (Short-Term) 5 Day: 718.53 Up Trend,
• (Short-Term) 10 Day: 715.31 Up Trend,
• (Intermediate-Term) 20 Day: 704.08 Up Trend,
• (Intermediate-Term) 55 Day: 689.16 Up Trend,
• (Long-Term) 100 Day: 684.53 Up Trend,
• (Long-Term) 200 Day: 671.87 Up Trend.

Additional Metrics

• ATR: 25.19,
• VOLMA: 47470907.

Overall Rating

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

Key Insights Summary

SPY is in a strong upside expansion phase after a sharp reversal off the spring low near 629.28, with price now pressing into the upper pivot zone near 734.59 and holding well above all benchmark moving averages. The swing pivot structure remains firmly bullish, with both the short-term pivot trend and the higher-low / higher-high sequence still intact, while the benchmark stack is aligned upward across 5, 10, 20, 55, 100, and 200 day averages. The recent rally shows momentum acceleration and trend continuation behavior rather than a mean-reversion setup, with the move extending out of the April consolidation and cleanly reclaiming the prior monthly session fib area. From a futures swing trader perspective, the chart is reflecting dominant trend control, rising price acceptance above key support layers, and a market that has shifted from corrective chop into directional strength.