SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2025-Dec-19 07:20 CT

Price Action

Last: 8593,
Bars: Medium,
Mom: Momentum slow.

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: 8714, 8602, 8536, 8391,
6. Levels S: 8391.

Daily Benchmarks

(Short-Term) 5 Day: 8587 Down Trend,
(Short-Term) 10 Day: 8584 Down Trend,
(Intermediate-Term) 20 Day: 8593 Down Trend,
(Intermediate-Term) 55 Day: 8804 Down Trend,
(Long-Term) 100 Day: 8696 Down Trend,
(Long-Term) 200 Day: 8615 Down Trend.

Additional Metrics

ATR: 96,
VOLMA: 30857.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures is currently exhibiting a clear bearish structure across all timeframes. Price action is characterized by medium-sized bars and slow momentum, indicating a lack of strong directional conviction but a persistent downward bias. Both the short-term and intermediate-term swing pivot trends are in a downtrend, with the most recent pivot low at 8391 and resistance levels stacking above at 8714 and 8602. All benchmark moving averages (from 5-day to 200-day) are trending down, reinforcing the prevailing bearish sentiment. The ATR remains moderate, suggesting contained but steady volatility, while volume is average, not signaling any major accumulation or distribution event. The market is consolidating near recent lows after a sharp decline, with no immediate signs of reversal or breakout. This environment suggests a continuation of the current downtrend unless a significant catalyst emerges to shift sentiment or break key resistance levels.