SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jan-29 07:19 CT

Price Action

• Last: 8926,
• 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 8941,
• 4. Pvt. Next: Pvt Low 8733,
• 5. Levels R: 9128, 8941, 8861, 8825, 8594, 8294,
• 6. Levels S: 8699, 8524, 8391.

Daily Benchmarks

• (Short-Term) 5 Day: 8863 Up Trend,
• (Short-Term) 10 Day: 8778 Up Trend,
• (Intermediate-Term) 20 Day: 8747 Up Trend,
• (Intermediate-Term) 55 Day: 8786 Up Trend,
• (Long-Term) 100 Day: 8780 Up Trend,
• (Long-Term) 200 Day: 8683 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 35337.

Overall Rating

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

Key Insights Summary

The SPI 200 futures are exhibiting strong bullish momentum, with price action characterized by large bars and fast momentum, indicating aggressive buying interest. All benchmark moving averages across short, intermediate, and long-term horizons are trending upward, reinforcing the prevailing uptrend. The swing pivot structure confirms a short-term and intermediate-term uptrend, with the most recent pivot high at 8941 and the next potential pivot low at 8733, suggesting the market is currently in an extension phase after a significant rally from the January lows. Resistance levels are layered above, with the next major resistance at 9128, while support is established at 8699 and below. Volatility, as measured by ATR, remains elevated, and volume is robust, supporting the strength of the move. The overall technical landscape points to a continuation of the bullish trend, with no immediate signs of reversal or exhaustion, and the market is currently trading above all key moving averages. The environment is favorable for trend-following strategies, with the potential for further upside as long as support levels hold and momentum persists.