SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2025-Aug-24 18:11 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 are exhibiting strong bullish momentum, with the latest weekly bar closing at new highs (8927) and showing large, fast-moving price action. All benchmark moving averages from short to long-term are trending upward, confirming a robust uptrend across timeframes. Swing pivot analysis highlights a current pivot high at 8927, with the next significant support at 8581, indicating a healthy distance from the most recent swing low. The price has decisively broken out of the previous neutral trading zones (NTZ) and is now trending above all major resistance levels, suggesting trend continuation rather than consolidation. The overall technical structure is characterized by higher highs and higher lows, with no immediate signs of reversal or exhaustion. The market has transitioned from a period of consolidation into a strong rally, supported by both momentum and trend-following indicators. This environment is typically favorable for trend-following swing strategies, as the prevailing bias remains bullish across all timeframes.


Chart Analysis ATS AI Generated: 2025-08-24 18:11 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.