SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-22 07:17 CT

Price Action

Last: 8811,
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 8609,
4. Pvt. Next: Pvt High 8887,
5. Levels R: 9128, 8887, 8825, 8624,
6. Levels S: 8750, 8524, 8391.

Daily Benchmarks

(Short-Term) 5 Day: 8813 Down Trend,
(Short-Term) 10 Day: 8788 Down Trend,
(Intermediate-Term) 20 Day: 8760 Up Trend,
(Intermediate-Term) 55 Day: 8727 Up Trend,
(Long-Term) 100 Day: 8784 Up Trend,
(Long-Term) 200 Day: 8628 Up Trend.

Additional Metrics

ATR: 77,
VOLMA: 35052.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures is currently experiencing a short-term pullback, as indicated by the DTrend in the swing pivots and both the 5-day and 10-day moving averages trending down. However, the intermediate and long-term outlooks remain constructive, with the 20, 55, 100, and 200-day moving averages all in uptrends and the HiLo Trend showing an UTrend. Price is consolidating above key support at 8750, with resistance levels at 8887 and 9128. Volatility is moderate (ATR 77), and volume remains steady. The market appears to be in a corrective phase within a broader uptrend, with recent price action showing a retracement from the 8887 swing high. The overall structure suggests a choppy environment in the short term, but the underlying trend bias remains positive for the intermediate and long term, with higher lows and a series of support levels holding. No clear breakout or breakdown is evident, and the market is likely to remain range-bound until a decisive move occurs.