SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2025-Nov-17 07:17 CT

Price Action

• Last: 8821,
• 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 8588,
• 4. Pvt. Next: Pvt high evolve 9138,
• 5. Levels R: 9138, 8859, 8710, 8495,
• 6. Levels S: 8588, 8196, 7678, 7172, 6470, 6353.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 8859 Down Trend,
• (Intermediate-Term) 10 Week: 8710 Down Trend,
• (Long-Term) 20 Week: 8495 Up Trend,
• (Long-Term) 55 Week: 8196 Up Trend,
• (Long-Term) 100 Week: 7678 Up Trend,
• (Long-Term) 200 Week: 6353 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 recent sharp pullback from the swing high at 9138, with large, fast-moving bars indicating heightened volatility and momentum to the downside in the short term. The short-term swing pivot trend has shifted to a downtrend, confirmed by both the 5-week and 10-week moving averages turning down. However, the intermediate-term HiLo trend remains in an uptrend, and all long-term benchmarks (20, 55, 100, and 200 week MAs) are still trending higher, reflecting underlying strength in the broader trend. Key resistance levels are clustered near recent highs, while support is found at 8588 and further below at 8196 and 7678. The price is currently testing the 20-week moving average, a critical area for potential stabilization or further downside. The overall structure suggests a corrective phase within a larger uptrend, with the market digesting gains after a strong rally. Swing traders will note the transition from bullish to corrective action, with the potential for either a deeper retracement or a resumption of the uptrend depending on how price reacts at these key support levels.