SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-08 07:17 CT

Price Action

• Last: 8699,
• 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 8799,
• 4. Pvt. Next: Pvt Low 8524,
• 5. Levels R: 9128, 8783, 8699, 8631, 8394, 8301, 7240,
• 6. Levels S: 8524, 8391.

Daily Benchmarks

• (Short-Term) 5 Day: 8691 Up Trend,
• (Short-Term) 10 Day: 8657 Up Trend,
• (Intermediate-Term) 20 Day: 8657 Up Trend,
• (Intermediate-Term) 55 Day: 8796 Down Trend,
• (Long-Term) 100 Day: 8857 Down Trend,
• (Long-Term) 200 Day: 8680 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 34,957.

Overall Rating

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

Key Insights Summary

The SPI 200 futures are currently exhibiting a short- and intermediate-term uptrend, as confirmed by both the swing pivot structure and the majority of short-term and intermediate-term moving averages trending higher. Price is consolidating just below a key resistance cluster (8699–8799), with the most recent swing high at 8799 and the next significant support at 8524. The 55-day and 100-day moving averages remain in a downtrend, indicating that the longer-term trend is still neutral and has not yet confirmed a full reversal. Volatility is moderate (ATR 96), and volume is steady, suggesting a balanced market without extreme moves. The market is in a consolidation phase after a recent rally, with price action showing higher lows and a test of overhead resistance. The overall structure suggests a potential for further upside if resistance is cleared, but the longer-term trend remains unconfirmed. No clear breakout or breakdown is present, and the market is currently in a holding pattern awaiting a catalyst.