SPY SPDR S&P 500 Weekly 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 Neutral,
• WSFG Trend: Neutral.

MSFG Month Nov

• 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 Above NTZ,
• YSFG Trend: UTrend.

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 767.43,
• 5. Levels R: 791.62, 699.21,
• 6. Levels S: 732.71, 629.28, 481.80, 409.21, 380.65.

Weekly Benchmarks

• (Short-Term) 5 Day: 785.62 Down Trend,
• (Short-Term) 10 Day: 786.40 Down Trend,
• (Intermediate-Term) 20 Day: 759.20 Down Trend,
• (Intermediate-Term) 55 Day: 717.19 Up Trend,
• (Long-Term) 100 Day: 685.00 Up Trend,
• (Long-Term) 200 Day: 572.89 Up Trend.

Overall Rating

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

Key Insights Summary

The futures swing-trader view is a sharp short-term corrective leg inside a still-positive long-term structure. SPY has rolled from the 767.43 pivot-high area into a fast decline toward the active 732.71 pivot low, while price is below the declining 5-, 10-, and 20-week benchmarks. The intermediate structure is mixed because price remains above the rising 55-week average, while the 100- and 200-week averages remain strongly upward sloped. The 767.43 pivot is the key near-term swing reversal reference, 791.62 is the higher resistance zone, and 732.71 is the immediate structural support level; lower support is shown near 629.28. The recent rejection near the highs reflects volatile, two-sided price discovery rather than a confirmed long-term trend failure.