SPY SPDR S&P 500 Weekly Chart Analysis: 2026-Nov-09 07:48 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: Bullish.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 732.71,
• 4. Pvt. Next: Pvt high 767.43,
• 5. Levels R: 781.62,
• 6. Levels S: 732.71, 629.28, 481.80, 409.21, 380.65.

Weekly Benchmarks

• (Short-Term) 5 Day: 785.49 Down Trend,
• (Short-Term) 10 Day: 766.40 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: 572.60 Up Trend.

Overall Rating

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

Key Insights Summary

SPY’s weekly structure reflects a sharp, fast downside countertrend from the 781.62 pivot-high resistance area into the newly established 732.71 pivot low. For index futures swing context, the short-term tape is bearish because price is beneath the declining 5-, 10-, and 20-week benchmarks and the active pivot trend is down. The intermediate structure remains mixed: the higher-level HiLo trend is still up and price remains above the rising 55-week benchmark, but the current retracement has compressed momentum. The long-term trend remains constructive, supported by price holding well above rising 100- and 200-week benchmarks and remaining above the 2026 yearly NTZ. The 767.43 pivot-next level defines the near-term upside reversal reference, while 732.71 is the immediate structural support; a sustained break beneath it would shift focus toward the 629.28 support zone.