SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-Jan-23 07:16 CT

Price Action

• Last: 8816,
• 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 8816,
• 4. Pvt. Next: Pvt low 8538,
• 5. Levels R: 9128,
• 6. Levels S: 8538, 8391, 7162, 6460, 6343.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 8827 Down Trend,
• (Intermediate-Term) 10 Week: 8881 Down Trend,
• (Long-Term) 20 Week: 8827 Down Trend,
• (Long-Term) 55 Week: 8220 Up Trend,
• (Long-Term) 100 Week: 7739 Up Trend,
• (Long-Term) 200 Week: 7203 Up Trend.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures weekly chart shows a market in transition. Price action is currently consolidating near the recent swing high at 8816, with medium-sized bars and average momentum, indicating a pause after the prior rally. The short-term swing pivot trend is up, but the intermediate-term HiLo trend has shifted down, suggesting a possible retracement or correction phase. Key resistance is at 9128, while support levels are layered below at 8538 and 8391, with deeper supports at 7162, 6460, and 6343. All short- and intermediate-term moving averages (5, 10, 20 week) are in a downtrend, reflecting recent weakness, while the longer-term 55, 100, and 200 week averages remain in uptrends, confirming the broader bullish structure. The Fib grid and NTZ zones are neutral across all timeframes, highlighting indecision and a lack of clear directional bias in the short term. Overall, the market is consolidating after a strong advance, with long-term bullishness intact but short- and intermediate-term signals pointing to caution as the market digests gains and tests support levels.