SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Mar-12 07:09 CT

Price Action

Last: 8759,
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: DTrend,
3. Pvt. Evolve: Pvt high 9187,
4. Pvt. Next: Pvt low 8538,
5. Levels R: 9187, 8976, 8841, 8796,
6. Levels S: 8538, 8391, 8449, 8349.

Daily Benchmarks

(Short-Term) 5 Day: 8800 Down Trend,
(Short-Term) 10 Day: 8880 Down Trend,
(Intermediate-Term) 20 Day: 8922 Down Trend,
(Intermediate-Term) 55 Day: 8841 Down Trend,
(Long-Term) 100 Day: 8784 Down Trend,
(Long-Term) 200 Day: 8769 Down Trend.

Additional Metrics

ATR: 96,
VOLMA: 35837.

Overall Rating

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

Key Insights Summary

The SPI 200 futures are exhibiting strong downside momentum, with large bars and fast price movement indicating heightened volatility. All benchmark moving averages across short, intermediate, and long-term horizons are trending down, confirming a broad-based bearish environment. Swing pivot analysis shows the most recent pivot as a high at 9187, with the next key support pivot at 8538, and both short-term and intermediate-term trends are down. Resistance levels are clustered above the current price, while support is spaced further below, suggesting the market is in a corrective or sell-off phase following a failed rally attempt. The ATR is elevated, and volume remains robust, reinforcing the presence of active trading and volatility. Overall, the technical structure points to a market in a corrective phase, with no immediate signs of reversal, and price action is likely to remain choppy or volatile until a new base or support is established.