SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-09 07:18 CT

Price Action

• Last: 8663,
• 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 8793,
• 4. Pvt. Next: Pvt low 8637,
• 5. Levels R: 9128, 8783, 8728, 8693, 8637, 8391, 8341, 8304, 8291, 7240,
• 6. Levels S: 8524, 8391.

Daily Benchmarks

• (Short-Term) 5 Day: 8701 Down Trend,
• (Short-Term) 10 Day: 8687 Down Trend,
• (Intermediate-Term) 20 Day: 8702 Down Trend,
• (Intermediate-Term) 55 Day: 8794 Down Trend,
• (Long-Term) 100 Day: 8704 Down Trend,
• (Long-Term) 200 Day: 8683 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 35043.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures daily chart is currently in a consolidation phase, with price action showing medium-sized bars and average momentum. Both the weekly and monthly session fib grids indicate a neutral bias, with no clear directional edge. Swing pivot analysis reveals a short-term and intermediate-term uptrend, with the most recent pivot high at 8793 and the next potential pivot low at 8637, suggesting the market is testing resistance but has not broken out decisively. Resistance levels are clustered above current price, while support is established at 8524 and 8391. All key moving averages (except the 200-day, which is marginally up) are trending down, reflecting a lack of sustained bullish momentum. Volatility, as measured by ATR, is moderate, and volume remains steady. Overall, the market is in a holding pattern, with neither bulls nor bears in clear control, and price is oscillating within established ranges. Swing traders may interpret this as a period of indecision, awaiting a breakout or breakdown to define the next directional move.