SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-Jan-04 18:11 CT

Price Action

Last: 8797,
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 2,
(Intermediate-Term) 2. HiLo Trend: UTrend 4,
3. Pvt. Evolve: Pvt High 8793,
4. Pvt. Next: Pvt Low 8390,
5. Levels R: 9128,
6. Levels S: 8391, 7162, 6460, 6341, 6000.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 8581 Up Trend,
(Intermediate-Term) 10 Week: 8671 Up Trend,
(Long-Term) 20 Week: 8797 Up Trend,
(Long-Term) 55 Week: 8256 Up Trend,
(Long-Term) 100 Week: 8455 Up Trend,
(Long-Term) 200 Week: 7723 Up Trend.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures weekly chart shows a strong bullish structure across all timeframes. Price is currently near recent highs, with the last bar closing above key moving averages, all of which are trending upward. The swing pivot structure confirms an uptrend in both short- and intermediate-term, with the most recent pivot high at 8793 and next support at 8391. Resistance is marked at 9128, which is the next significant upside level. The market has shown resilience after a sharp pullback to 7162, quickly recovering and establishing higher lows, indicating robust demand. The neutral bias in the session fib grids suggests a period of consolidation or digestion after the recent rally, but the overall trend remains intact. Volatility has moderated, and the price is holding above all major long-term moving averages, reinforcing the bullish outlook. The chart reflects a healthy uptrend with periodic corrections, typical of a trending market, and no immediate signs of reversal or exhaustion.