SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2025-Aug-08 07:14 CT

Price Action

WSFG Weekly

MSFG Month Aug

YSFG Year 2025

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The SPI 200 Index Futures weekly chart shows a strong bullish structure across all timeframes. Price has surged to new highs, confirmed by large, fast momentum bars and a clear uptrend in both short-term and intermediate-term swing pivots. All benchmark moving averages are trending upward, with price well above even the long-term 200-week average, reinforcing the strength of the current rally. Resistance is marked at the recent high (8793), with the next significant support at 8212, followed by deeper levels at 7172, 6819, and 6470. The neutral bias in the session fib grids suggests the market is not overextended relative to its yearly and monthly ranges, leaving room for further upside or consolidation. The overall technical environment is robust, with higher highs and higher lows, indicating trend continuation rather than reversal. Volatility remains elevated, and the market is in a clear trending phase rather than a choppy or consolidating one.


Chart Analysis ATS AI Generated: 2025-08-08 07:14 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.