SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2025-Nov-07 07:18 CT

Price Action

Last: 8801,
Bars: Large,
Mom: Momentum 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 2025

Long-Term
YSFG Current: NA%
F0%/NTZ' Bias: Price Neutral,
YSFG Trend: Neutral.

Swing Pivots

(Short-Term) 1. Pvt. Trend: DTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt low 8741,
4. Pvt. Next: Pvt high 9138,
5. Levels R: 9138,
6. Levels S: 8741, 8170, 7664, 7172, 6470, 6363.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 8746 Down Trend,
(Intermediate-Term) 10 Week: 8479 Up Trend,
(Long-Term) 20 Week: 8801 Up Trend,
(Long-Term) 55 Week: 8170 Up Trend,
(Long-Term) 100 Week: 7664 Up Trend,
(Long-Term) 200 Week: 7172 Up Trend.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures weekly chart shows a strong long-term uptrend, with all major moving averages (20, 55, 100, 200 week) trending higher and well below current price, confirming robust underlying strength. However, recent price action has shifted to a short-term downtrend, as indicated by a large, fast-momentum bar moving off the recent swing high at 9138 and breaking below the 5-week moving average. The intermediate-term trend remains bullish, supported by higher swing lows and the 10-week moving average still rising. Key support levels to watch are 8741 (recent swing low), followed by 8170 and 7664, while resistance is at the recent high of 9138. The market is currently experiencing a pullback within a broader uptrend, suggesting a period of consolidation or correction after a strong rally. Volatility has increased, and the market is testing support zones, which could set up for either a continuation of the long-term trend or a deeper retracement if support fails.