
The CN SGX FTSE China A50 Futures weekly chart shows a recent sharp pullback, with price momentum accelerating downward and large weekly bars forming a new swing low at 14477.5. Short-term trend metrics have shifted to a downtrend, confirmed by both the swing pivot and the 5/10-week moving averages turning lower. However, the intermediate-term HiLo trend remains up, suggesting the broader move from late 2024 into early 2026 is still intact, though currently under pressure. Long-term moving averages (20, 55, 100, 200 week) all remain in uptrends, indicating the primary trend is still bullish despite the recent correction. Resistance is layered above at 14642.5, 14767.5, 15067.5, 15275, and 15740, while major support is much lower at 11032.5 and 10420, highlighting the significance of the current retracement. The market is in a corrective phase within a larger uptrend, with volatility elevated and a potential for further choppy or consolidative action as the market tests support and digests recent gains. No clear breakout or breakdown is confirmed yet on the long-term structure, but short-term traders are facing a bearish environment, while longer-term participants may view this as a pullback within a bullish cycle.