SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-28 07:19 CT

Price Action

• Last: 8897,
• Bars: Large,
• Mom: Momentum fast.

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 8891,
• 4. Pvt. Next: Pvt Low 8703,
• 5. Levels R: 9128, 8891, 8861, 8691, 8624, 8594, 8524,
• 6. Levels S: 8391, 8524, 8594, 8624, 8691, 8861, 8891.

Daily Benchmarks

• (Short-Term) 5 Day: 8834 Up Trend,
• (Short-Term) 10 Day: 8787 Up Trend,
• (Intermediate-Term) 20 Day: 8776 Up Trend,
• (Intermediate-Term) 55 Day: 8742 Up Trend,
• (Long-Term) 100 Day: 8786 Up Trend,
• (Long-Term) 200 Day: 8647 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 35032.

Overall Rating

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

Key Insights Summary

The SPI 200 futures are exhibiting strong bullish momentum, with the last price surging to 8897 on large, fast-moving bars. All benchmark moving averages across short, intermediate, and long-term horizons are in uptrends, confirming broad-based strength. The swing pivot structure is in an uptrend for both short and intermediate terms, with the most recent pivot high at 8891 and the next potential pivot low at 8703, suggesting the market is in a trend continuation phase. Resistance levels are stacked above, with the next major resistance at 9128, while support is layered below, starting at 8391. Volatility, as measured by ATR, is elevated, and volume remains robust, supporting the current price action. The overall technical landscape points to a sustained bullish environment, with the market breaking out of prior consolidation and showing no immediate signs of reversal. This setup is characteristic of a strong trend phase, often seen after a period of accumulation or base-building, and may attract momentum-oriented swing traders.