SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Mar-09 07:11 CT

Price Action

• Last: 8568,
• 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 8391,
• 4. Pvt. Next: Pvt High 9187,
• 5. Levels R: 9187, 8863, 8834, 8704,
• 6. Levels S: 8391.

Daily Benchmarks

• (Short-Term) 5 Day: 8845 Down Trend,
• (Short-Term) 10 Day: 8775 Down Trend,
• (Intermediate-Term) 20 Day: 8957 Down Trend,
• (Intermediate-Term) 55 Day: 8794 Down Trend,
• (Long-Term) 100 Day: 9704 Down Trend,
• (Long-Term) 200 Day: 8755 Down Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 348054.15.

Overall Rating

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

Key Insights Summary

The SPI 200 futures have experienced a sharp and volatile move lower, as evidenced by large daily bars and fast momentum. The short-term swing pivot trend has shifted decisively to the downside, with the most recent pivot low at 8391 and the next resistance at the prior swing high of 9187. All benchmark moving averages across short, intermediate, and long-term timeframes are trending down, reinforcing a bearish technical structure. However, the intermediate-term HiLo trend remains in an uptrend, suggesting some underlying support or a lag in the broader trend shift. The ATR is elevated, indicating heightened volatility, and volume is significantly above average, pointing to strong participation in the recent move. The market is currently trading below all major resistance levels and above the key support at 8391. Overall, the technical landscape is dominated by bearish momentum in the short and long term, while the intermediate-term trend is neutral, possibly reflecting a transition phase or the aftermath of a significant breakdown. The price action suggests a market in a corrective or liquidation phase, with potential for further volatility as it tests support levels.