SPY SPDR S&P 500 Daily Chart Analysis: 2026-May-18 07:07 CT

Price Action

• Last: 737.96,
• 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: Bullish.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 737.96,
• 4. Pvt. Next: Pvt High 749.30,
• 5. Levels R: 749.53,
• 6. Levels S: 737.96, 629.28, 619.29, 618.05, 591.89.

Daily Benchmarks

• (Short-Term) 5 Day: 741.12 Down Trend,
• (Short-Term) 10 Day: 733.34 Up Trend,
• (Intermediate-Term) 20 Day: 722.95 Up Trend,
• (Intermediate-Term) 55 Day: 700.38 Up Trend,
• (Long-Term) 100 Day: 688.58 Up Trend,
• (Long-Term) 200 Day: 675.55 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47470907.

Overall Rating

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

Key Insights Summary

SPY is in a strong higher-high, higher-low expansion phase after a sharp April reversal and a steady May continuation trend. Price is holding above the 20, 55, 100, and 200 day benchmarks, which keeps the intermediate and long-term structure firmly constructive. The short-term pivot read is still in a DTrend phase from the most recent pullback off the 749.53 resistance, but the broader HiLo structure remains UTrend, showing the larger swing remains intact. The current action is clustered near the upper end of the monthly May session grid, with price extending well above the midline and pressing into the prior pivot resistance zone. Volume has cooled from the rally burst, suggesting a maturing trend rather than a fresh breakout impulse, while ATR remains active enough to support two-way daily swings within the dominant uptrend.