SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Mar-03 07:11 CT

Price Action

• Last: 8995,
• Bars: Large,
• Mom: Momentum fast.

WSFG Weekly

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

MSFG Month Mar

• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt Low 8988,
• 4. Pvt. Next: Pvt High 9187,
• 5. Levels R: 9187, 9072, 8975, 8911,
• 6. Levels S: 8629, 8524, 8391.

Daily Benchmarks

• (Short-Term) 5 Day: 9116 Down Trend,
• (Short-Term) 10 Day: 9058 Down Trend,
• (Intermediate-Term) 20 Day: 8995 Up Trend,
• (Intermediate-Term) 55 Day: 8870 Up Trend,
• (Long-Term) 100 Day: 8800 Up Trend,
• (Long-Term) 200 Day: 8747 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 38707.

Overall Rating

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

Key Insights Summary

The SPI 200 futures have recently experienced a sharp reversal from swing highs, with large, fast-moving bars indicating heightened volatility and momentum. The short-term trend has shifted to the downside, as confirmed by both the swing pivot trend (DTrend) and the 5/10-day moving averages turning down. However, the intermediate and long-term outlooks remain constructive, with the 20, 55, 100, and 200-day moving averages all trending higher and the HiLo swing trend still in an uptrend. Key resistance is clustered near recent highs (9187, 9072), while support is well below at 8629 and lower. The market appears to be in a corrective phase within a broader uptrend, possibly digesting gains after a strong rally. Volatility is elevated (ATR 96), and volume remains robust. The current setup suggests a short-term pullback or consolidation, while the underlying structure remains supportive for the longer-term trend.