SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-05 07:15 CT

Price Action

• Last: 8693,
• 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 8693,
• 4. Pvt. Next: Pvt Low 8524,
• 5. Levels R: 9128, 8783, 8693,
• 6. Levels S: 8391, 8524, 8648.

Daily Benchmarks

• (Short-Term) 5 Day: 8705 Up Trend,
• (Short-Term) 10 Day: 8701 Up Trend,
• (Intermediate-Term) 20 Day: 8648 Up Trend,
• (Intermediate-Term) 55 Day: 8801 Down Trend,
• (Long-Term) 100 Day: 8773 Down Trend,
• (Long-Term) 200 Day: 8391 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 34787.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures daily chart is showing a constructive environment for swing traders, with both short-term and intermediate-term pivot trends in an uptrend. Price is currently consolidating just below a key resistance cluster (8693–8783), with the most recent swing high aligning with the current price. The 5, 10, and 20-day moving averages are all trending upward, supporting the bullish short- and intermediate-term outlook, while the 55- and 100-day moving averages remain in a downtrend, indicating that the longer-term trend is still neutral and has not fully reversed. Volatility, as measured by ATR, is moderate, and volume is steady but not elevated, suggesting a lack of strong conviction or a major breakout attempt at this stage. The market is in a consolidation phase after a recent rally from December lows, with higher lows and a test of resistance, but has yet to break out decisively above the 8783–8800 area. Overall, the technical structure favors a bullish bias in the short to intermediate term, but the longer-term trend remains neutral until a sustained move above the 100-day and 200-day benchmarks occurs.