SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-04 18:10 CT

Price Action

• Last: 8720,
• 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 8841,
• 4. Pvt. Next: Pvt Low 8524,
• 5. Levels R: 9128, 8841, 8783, 8728, 8301, 8294, 7240,
• 6. Levels S: 8524, 8391.

Daily Benchmarks

• (Short-Term) 5 Day: 8678 Up Trend,
• (Short-Term) 10 Day: 8575 Up Trend,
• (Intermediate-Term) 20 Day: 8641 Up Trend,
• (Intermediate-Term) 55 Day: 8802 Down Trend,
• (Long-Term) 100 Day: 8864 Down Trend,
• (Long-Term) 200 Day: 8556 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 31586.

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 the short and intermediate term, with price action recovering from December lows and forming a new swing high at 8841. The current swing structure is in an uptrend, supported by rising short-term and intermediate-term moving averages (5, 10, 20-day), while the 55 and 100-day MAs remain in a downtrend, indicating some lingering overhead resistance. The 200-day MA is trending up, providing a longer-term supportive backdrop. Price is consolidating just below recent resistance levels (8783–8841), with support at 8524 and 8391. Volatility (ATR) is moderate, and volume has normalized after a recent spike. The market appears to be in a recovery phase, with potential for further upside if resistance is cleared, but longer-term trend confirmation is still pending as price remains below the 100-day MA. The overall environment is constructive for swing traders, with a focus on monitoring for breakout or rejection at key resistance.