SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2025-Nov-21 07:19 CT

Price Action

• Last: 8472,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt Low 8401,
• 4. Pvt. Next: Pvt High 8615,
• 5. Levels R: 8819, 8615,
• 6. Levels S: 8777, 8401, 8247, 7350, 7172.

Daily Benchmarks

• (Short-Term) 5 Day: 8512 Down Trend,
• (Short-Term) 10 Day: 8640 Down Trend,
• (Intermediate-Term) 20 Day: 8819 Down Trend,
• (Intermediate-Term) 55 Day: 8777 Down Trend,
• (Long-Term) 100 Day: 9112 Down Trend,
• (Long-Term) 200 Day: 8512 Down Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 37784.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures daily chart is showing pronounced downside momentum, with large bars and fast momentum confirming a strong bearish move. All key swing pivot trends (short and intermediate-term) are in a downtrend, and the most recent pivot is a new swing low at 8401, with the next potential reversal only at 8615. Resistance levels are well above current price, while support is layered below, suggesting the market is probing for a base. All benchmark moving averages across short, intermediate, and long-term are trending down, reinforcing the prevailing bearish sentiment. Volatility is elevated (high ATR), and volume is above average, indicating strong participation in the recent move. The market is in a clear corrective phase, with no immediate signs of reversal, and is currently testing multi-month lows. The technical environment is dominated by trend continuation to the downside, with no significant support from session fib grids or moving averages at current levels.