SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2025-Nov-23 18:18 CT

Price Action

Last: 8813,
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 9138,
5. Levels R: 9138, 8783, 8710, 8679, 8537,
6. Levels S: 8401.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 8813 Down Trend,
(Intermediate-Term) 10 Week: 8522 Down Trend,
(Long-Term) 20 Week: 8204 Up Trend,
(Long-Term) 55 Week: 7684 Up Trend,
(Long-Term) 100 Week: 7684 Up Trend,
(Long-Term) 200 Week: 7684 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 price currently at 8813 and large, fast-moving bars indicating heightened volatility. The short-term swing pivot trend has shifted to down, confirmed by both the 5- and 10-week moving averages turning lower, suggesting a corrective phase or retracement within the broader uptrend. However, the intermediate- and long-term trends remain bullish, as seen in the upward trajectory of the 20-, 55-, 100-, and 200-week moving averages, and the HiLo trend still points up. Key resistance levels are clustered near recent highs, while the main support is at 8401, the latest swing low. The market is currently consolidating within the yearly session fib grid neutral zone, reflecting indecision after a strong rally. This setup is typical of a market in a corrective phase within a larger bullish cycle, with potential for further volatility as price tests support and resistance levels.