SPY SPDR S&P 500 Daily Chart Analysis: 2026-May-20 07:07 CT

Price Action

• Last: 731.53,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 731.53,
• 4. Pvt. Next: Pvt High 743.19,
• 5. Levels R: 749.53,
• 6. Levels S: 731.53, 629.28, 619.29, 618.05, 591.89.

Daily Benchmarks

• (Short-Term) 5 Day: 741.3 Down Trend,
• (Short-Term) 10 Day: 737.26 Down Trend,
• (Intermediate-Term) 20 Day: 725.3 Up Trend,
• (Intermediate-Term) 55 Day: 703.08 Up Trend,
• (Long-Term) 100 Day: 689.71 Up Trend,
• (Long-Term) 200 Day: 676.6 Up Trend.

Additional Metrics

• ATR: 564,
• VOLMA: 47470907.

Overall Rating

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

Key Insights Summary

SPY is trading at 731.53 after a sharp rally into the 749.53 swing resistance and a fast pullback into the 731.53 pivot low zone. The short-term pivot structure has rolled into DTrend while the higher-timeframe pivot trend remains constructive, reflecting a post-extension consolidation rather than a full trend break. Price is below the 5 and 10 day benchmarks but still above the 20, 55, 100, and 200 day averages, which keeps the intermediate and long-term structure aligned upward. The May monthly session fib grid is neutral at the midpoint area, matching the current digestion phase after the strong run-up. Volume has cooled from the expansion seen during the breakout leg, and the ATR remains elevated, consistent with a fast, large-bar swing environment.