SPY SPDR S&P 500 Daily Chart Analysis: 2026-Jun-08 07:06 CT

Price Action

WSFG Weekly

MSFG Month Jun

YSFG Year 2026

Swing Pivots

Daily Benchmarks

Additional Metrics

Overall Rating

Key Insights Summary

SPY is in a strong higher-highs and higher-lows structure after a powerful April V-recovery and May continuation run, with price pressing near the 760 resistance area after extending well above the 20, 55, 100, and 200 day benchmarks. The short-term pivot trend has rolled to DTrend while the broader HiLo pivot structure remains UTrend, showing a near-term pullback inside a still constructive intermediate and long-term uptrend. Price sitting above the 10-day and 20-day averages but just under the 5-day average reflects a fast momentum phase with a slight pause after the late-May push. The monthly session fib zone for June is being tested near its upper NTZ boundary, and the chart shows recent rejection around the 760 area, marking a defined resistance pocket. From a futures swing trader view, the tape remains trend-supported on the higher timeframes, but the immediate daily structure is transitioning from impulse to consolidation at elevated levels.


Chart Analysis ATS AI Generated: 2026-06-08 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.