SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-Jan-22 07:18 CT

Price Action

• Last: 8810,
• 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: DTrend,
• 3. Pvt. Evolve: Pvt high 8810,
• 4. Pvt. Next: Pvt low 8538,
• 5. Levels R: 9128,
• 6. Levels S: 8538, 8391, 7162, 6460, 6343.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 8811 Up Trend,
• (Intermediate-Term) 10 Week: 8682 Up Trend,
• (Long-Term) 20 Week: 8220 Up Trend,
• (Long-Term) 55 Week: 8391 Up Trend,
• (Long-Term) 100 Week: 7739 Up Trend,
• (Long-Term) 200 Week: 7300 Up Trend.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures weekly chart shows a market that has recently rebounded from a significant swing low, with price action currently at 8810 and average momentum. The short-term swing pivot trend is up, supported by all benchmark moving averages trending higher, indicating underlying strength. However, the intermediate-term HiLo trend is down, suggesting the market is still digesting the recent correction and may be in a consolidation or basing phase. Resistance is clearly defined at 9128, with multiple support levels below, notably at 8538 and 8391, which could act as key areas for price reaction. The neutral bias across the session fib grids (weekly, monthly, yearly) reflects a market in transition, possibly awaiting a catalyst for the next directional move. Overall, the structure favors a bullish outlook in the short and long term, but the intermediate-term remains neutral as the market works through prior volatility and tests key support and resistance levels. This environment is typical of a market that has experienced a sharp pullback and is now stabilizing, with potential for trend continuation if resistance is overcome.