SPY SPDR S&P 500 Daily Chart Analysis: 2026-Nov-08 18:09 CT
Price Action
- Last: 732.71,
- Bars: Large,
- Mom: fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Bearish,
- WSFG Trend: Downtrend.
MSFG Month Nov
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Bearish,
- MSFG Trend: Downtrend.
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: DTrend,
- 3. Pvt. Evolve: Pvt low 732.71,
- 4. Pvt. Next: Pvt high 750.27,
- 5. Levels R: 781.62, 775.64,
- 6. Levels S: 732.71, 729.10, 716.58, 629.28, 619.29.
Daily Benchmarks
- (Short-Term) 5 Day: 752.40 Down Trend,
- (Short-Term) 10 Day: 759.86 Down Trend,
- (Intermediate-Term) 20 Day: 765.53 Down Trend,
- (Intermediate-Term) 55 Day: 763.33 Down Trend,
- (Long-Term) 100 Day: 759.40 Down Trend,
- (Long-Term) 200 Day: 730.15 Up Trend.
Additional Metrics
- ATR: 31.70,
- VOLMA: 57000000.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
The futures swing structure is decisively risk-off in the short and intermediate time frames, with a large range breakdown driving SPY to 732.71 and below every benchmark from the 5-day through the 100-day average. The current pivot is a new low at 732.71, while the next opposing pivot reference is 750.27; this defines the immediate counter-trend recovery threshold. The November MSFG has been lost to the downside, confirming a sharp bearish momentum phase rather than a contained pullback. The 200-day average near 730.15 remains upward sloping and closely aligns with current price, making the 729.10-732.71 area the major long-term trend test. Below that zone, 716.58 is the next prominent swing support. Volume expanded during the decline and ATR remains elevated, reflecting a high-volatility liquidation sequence. Resistance is layered first through 750.27 and the declining 5-day average, then across the 759-766 moving-average and monthly-grid region, with higher pivot resistance at 775.64 and 781.62.
Chart Analysis ATS AI Generated: 2026-11-08 18:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.