The CN SGX FTSE China A50 Futures weekly chart shows a strong upward momentum with large bullish bars, supported by a series of higher swing lows and swing highs. Both short-term and intermediate-term swing pivot trends are in an uptrend, with price recently making a new pivot high at 14387. The price is currently trading above all key intermediate and long-term moving averages (5, 10, 20, 55 week), all of which are in uptrends except for the 100 and 200 week MAs, which remain in a downtrend, indicating some residual long-term overhead pressure. Resistance levels are clustered above at 14387.5, 14887.5, and the major swing high at 15462.5, while support is well-defined below at 13162.7 and further down at 11797.5 and 11087.5. The neutral bias in the Fib grid zones suggests the market is not overextended, and the recent price action reflects a potential continuation of the recovery from the prior year’s lows. The overall structure points to a bullish environment in the short and intermediate term, with the long-term trend still needing confirmation for a full reversal. The market is in a phase of trend continuation, with volatility and large price swings, and is currently testing upper resistance levels after a strong rally.