SPY SPDR S&P 500 Weekly 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 689.53,
• 5. Levels R: 734.59,
• 6. Levels S: 629.28, 505.06, 493.86, 409.21, 380.65.

Weekly Benchmarks

• (Short-Term) 5 Day: 696.00 Up Trend,
• (Short-Term) 10 Day: 678.33 Up Trend,
• (Intermediate-Term) 20 Day: 683.31 Up Trend,
• (Intermediate-Term) 55 Day: 652.85 Up Trend,
• (Long-Term) 100 Day: 614.89 Up Trend,
• (Long-Term) 200 Day: 525.30 Up Trend.

Overall Rating

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

Key Insights Summary

SPY is pressing into fresh weekly highs with strong upside momentum and a large expansion bar, reflecting trend continuation rather than mean reversion. The pivot structure remains in UTrend, and the HiLo trend confirms the broader swing sequence is still higher highs and higher lows. Price is trading well above all benchmark moving averages, keeping the short-, intermediate-, and long-term structure aligned to the upside. The weekly chart shows prior pullbacks being bought into the rising average stack, while the long-term slope remains constructive and orderly. From a futures swing trader viewpoint, the dominant theme is trend persistence with elevated momentum, supported by a clean bullish ladder of benchmarks and pivot progression.