SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2025-Nov-21 07:20 CT

Price Action

• Last: 8476,
• 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 8401,
• 4. Pvt. Next: Pvt High 8783,
• 5. Levels R: 9138, 8783,
• 6. Levels S: 8401, 7172, 6819, 6470.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 8821 Down Trend,
• (Intermediate-Term) 10 Week: 8476 Down Trend,
• (Long-Term) 20 Week: 8196 Up Trend,
• (Long-Term) 55 Week: 7678 Up Trend,
• (Long-Term) 100 Week: 0 NA,
• (Long-Term) 200 Week: 0 NA.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• 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 price currently at 8476 and large, fast-moving bars indicating heightened volatility. 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 up, and the 20-week and 55-week long-term moving averages are still trending higher, suggesting underlying bullish momentum on a broader timeframe. Key resistance is at 8783 and 9138, while support levels are clustered at 8401, 7172, 6819, and 6470. The price is currently testing the upper end of the NTZ (neutral zone) from the yearly session fib grid, with no clear directional bias from the grid levels. Overall, the market is experiencing a corrective phase within a longer-term uptrend, with short-term sentiment bearish, intermediate-term neutral, and long-term structure still bullish. This environment is characterized by volatility and potential for further swings as the market digests recent gains and tests key support levels.