SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2025-Nov-20 07:17 CT

Price Action

• Last: 8544,
• 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 8490,
• 4. Pvt. Next: Pvt High 8802,
• 5. Levels R: 9138, 9008, 8802, 8726, 8608,
• 6. Levels S: 8490.

Daily Benchmarks

• (Short-Term) 5 Day: 8549 Down Trend,
• (Short-Term) 10 Day: 8720 Down Trend,
• (Intermediate-Term) 20 Day: 8821 Down Trend,
• (Intermediate-Term) 55 Day: 8908 Down Trend,
• (Long-Term) 100 Day: 9021 Down Trend,
• (Long-Term) 200 Day: 8512 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 33724.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Neutral.

Key Insights Summary

The SPI 200 Index Futures have experienced a sharp sell-off, as indicated by large bars and fast momentum, with price currently rebounding from a recent swing low at 8490. The short-term trend remains bearish, confirmed by all short-term and intermediate-term moving averages trending down, while the 200-day MA is the only benchmark still in an uptrend, suggesting long-term structural support is being tested. The intermediate-term swing pivot trend is up, but the short-term pivot trend is down, highlighting a potential inflection point. Resistance levels are stacked above, with the nearest at 8608 and major resistance at 8802 and 9008. Support is concentrated at the recent low of 8490. Volatility remains elevated (ATR 96), and volume is above average, indicating active participation during this move. The market is in a corrective phase, with potential for either a short-term bounce or further downside if support fails. The overall environment is neutral to bearish, with traders watching for confirmation of either a reversal or continuation of the downtrend.