SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Feb-20 07:17 CT

Price Action

Last: 9000,
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 9000,
4. Pvt. Next: Pvt Low 8815,
5. Levels R: 9128, 9000, 8915, 8876, 8809, 8791,
6. Levels S: 8720, 8629, 8524, 8391.

Daily Benchmarks

(Short-Term) 5 Day: 8965 Up Trend,
(Short-Term) 10 Day: 8878 Up Trend,
(Intermediate-Term) 20 Day: 8876 Up Trend,
(Intermediate-Term) 55 Day: 8809 Up Trend,
(Long-Term) 100 Day: 8791 Up Trend,
(Long-Term) 200 Day: 8720 Up Trend.

Additional Metrics

ATR: 96,
VOLMA: 35793.

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 surging to new swing highs at 9000 and large, fast-moving bars confirming 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 is in a clear uptrend, with the next potential pivot low at 8815 serving as a key reference for any pullbacks. Resistance levels are layered above, with 9128 as the next major upside target, while support is well-defined below at 8720 and 8629. Volatility, as measured by ATR, is elevated, and volume remains robust, suggesting active participation. The overall technical landscape points to a continuation of the bullish trend, with no immediate signs of exhaustion or reversal. The market is in a strong trending phase, with higher highs and higher lows dominating the recent price action.