SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-20 07:17 CT

Price Action

• Last: 8796,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 8723,
• 4. Pvt. Next: Pvt high 8887,
• 5. Levels R: 9128, 8887, 8825, 8796, 8724,
• 6. Levels S: 8524, 8391.

Daily Benchmarks

• (Short-Term) 5 Day: 8771 Up Trend,
• (Short-Term) 10 Day: 8741 Up Trend,
• (Intermediate-Term) 20 Day: 8786 Up Trend,
• (Intermediate-Term) 55 Day: 8723 Up Trend,
• (Long-Term) 100 Day: 8780 Up Trend,
• (Long-Term) 200 Day: 8614 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 34713.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures is currently experiencing a short-term pullback within a broader uptrend context. Price action shows medium-sized bars and average momentum, with the last price at 8796, just above key moving averages. All benchmark moving averages (5, 10, 20, 55, 100, 200 day) are trending upward, confirming underlying strength in the intermediate and long-term outlooks. The swing pivot structure indicates a short-term downtrend (DTrend) but an intermediate-term uptrend (UTrend), with the most recent pivot low at 8723 and next resistance at the recent pivot high of 8887. The ATR and volume metrics suggest moderate volatility and steady participation. The market is consolidating near the upper end of its recent range, with resistance levels overhead and strong support at 8524 and 8391. Overall, the chart reflects a market in a corrective phase within a larger bullish trend, with potential for further consolidation or a resumption of the uptrend if resistance is overcome.