SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-02 07:12 CT

Price Action

• Last: 8701,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

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

MSFG Month Jan

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

YSFG Year 2026

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

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 8701,
• 4. Pvt. Next: Pvt Low 8631,
• 5. Levels R: 9128, 8783, 8728, 8701,
• 6. Levels S: 8641, 8391, 8304, 7240.

Daily Benchmarks

• (Short-Term) 5 Day: 8715 Up Trend,
• (Short-Term) 10 Day: 8678 Up Trend,
• (Intermediate-Term) 20 Day: 8641 Up Trend,
• (Intermediate-Term) 55 Day: 8802 Down Trend,
• (Long-Term) 100 Day: 8876 Down Trend,
• (Long-Term) 200 Day: 8526 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures daily chart shows a recent shift to bullish momentum in both short- and intermediate-term timeframes, as indicated by the upward swing pivot trend and rising short-term moving averages. Price has recently made a swing high at 8701, with the next key support at 8631 and further downside levels at 8391 and 8304. Resistance is layered above at 8728, 8783, and the major swing high at 9128. The 20-day and 5/10-day MAs are trending up, while the 55- and 100-day MAs remain in a downtrend, suggesting the market is in a recovery phase but not yet in a confirmed long-term uptrend. The 200-day MA is supportive and rising, providing a longer-term bullish undertone. ATR and volume are moderate, indicating average volatility and participation. The market appears to be in a post-pullback rally phase, with higher lows forming and a test of overhead resistance likely. The overall structure suggests a transition from consolidation to a potential trend continuation, but the long-term trend remains neutral until the 55- and 100-day MAs turn up and price sustains above major resistance.