Elymus elymoides is a true spike, with its spikelets attached directly to the central axis (rachis) of the seedhead. It has largish seeds that you can see right from the field, nestled in the awns but still visible. The awns extend straight up, especially the terminal ones, and are long and stiff. The growth habit is a bunchgrass that spreads out like a fan. The seedhead is often red-tipped when young. Squirreltail is usually short in height, knee level and below.
First of all, Elymus elymoides inflorescences are spikes, not panicles with branches like
Bromus diandrus (seen here), which also has long, stiff, awns but whose spikelets occur on branches.
The other look-alike is Hordeum jubatum (Foxtail Barley), shown below.
It is another actual spike (spikelets connected directly to the rachis) whose awns are long but relatively thin. The rachis bends in the breezes,
unlike the stiffer Squirreltail.
The Foxtail stems usually stand straight up rather than fanned-out like
Squirreltail. Unlike squirreltail, in Foxtail Barley you cannot easily see the
small seeds hidden in the forest of awns. But when the wind blows, the flexible
white-in-the-sun seedheads of Foxtail bow downwind like a foamy seascape.