SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2025-Dec-18 07:19 CT

Price Action

• Last: 8596,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Dec

• 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 8391,
• 4. Pvt. Next: Pvt high 8714,
• 5. Levels R: 9128, 8714, 8602,
• 6. Levels S: 8391, 8321, 8304, 7244.

Daily Benchmarks

• (Short-Term) 5 Day: 8699 Down Trend,
• (Short-Term) 10 Day: 8692 Down Trend,
• (Intermediate-Term) 20 Day: 8804 Down Trend,
• (Intermediate-Term) 55 Day: 8699 Down Trend,
• (Long-Term) 100 Day: 8804 Down Trend,
• (Long-Term) 200 Day: 8532 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 36104.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures is currently experiencing strong downward momentum, as evidenced by large bars and fast price movement. Both short-term and intermediate-term swing pivot trends are in a clear downtrend, with the most recent pivot low at 8391 and the next potential reversal at the pivot high of 8714. Resistance levels are stacked above, with 8714 and 8602 as immediate hurdles, while support is found at 8391 and further below. All key moving averages (5, 10, 20, 55, 100-day) are trending down, reinforcing the bearish bias in the short and intermediate term, though the 200-day MA remains in an uptrend, suggesting the longer-term structure is still intact. Volatility is elevated (ATR 96), and volume is above average, indicating active participation during this move. The market is in a corrective phase after a failed rally attempt, with price action consolidating near the lower end of the recent range. No clear breakout or reversal signal is present, and the overall environment is characterized by persistent selling pressure and a lack of bullish momentum.