SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Feb-19 07:14 CT

Price Action

• Last: 8997,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Feb

• 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 8997,
• 4. Pvt. Next: Pvt Low 8801,
• 5. Levels R: 9128, 9071,
• 6. Levels S: 8864, 8629, 8524, 8391.

Daily Benchmarks

• (Short-Term) 5 Day: 8927 Up Trend,
• (Short-Term) 10 Day: 8884 Up Trend,
• (Intermediate-Term) 20 Day: 8864 Up Trend,
• (Intermediate-Term) 55 Day: 8789 Up Trend,
• (Long-Term) 100 Day: 8789 Up Trend,
• (Long-Term) 200 Day: 8716 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 35719.

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 at 8997 and large, fast-moving bars indicating aggressive buying interest. All benchmark moving averages across short, intermediate, and long-term horizons are in uptrends, reinforcing the underlying strength. The swing pivot structure confirms a short-term and intermediate-term uptrend, with the most recent pivot high aligning with the current price, and the next potential pivot low at 8801 serving as a key reversal level. Resistance is noted at 9128 and 9071, while support levels are well-defined at 8864, 8629, 8524, and 8391, providing a clear framework for price action. Volatility, as measured by ATR, remains moderate, and volume is robust. The overall technical landscape suggests a continuation of the bullish trend, with the market in a strong phase of upward momentum and no immediate signs of reversal or exhaustion. The environment is supportive of trend-following strategies, with price action breaking above previous consolidation zones and making higher highs.