SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Mar-20 07:10 CT

Price Action

Last: 8495,
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 Low 8420,
4. Pvt. Next: Pvt High 8736,
5. Levels R: 9244, 8850, 8815, 8418, 8318,
6. Levels S: 7173.

Daily Benchmarks

(Short-Term) 5 Day: 8602 Down Trend,
(Short-Term) 10 Day: 8584 Down Trend,
(Intermediate-Term) 20 Day: 8809 Down Trend,
(Intermediate-Term) 55 Day: 8582 Down Trend,
(Long-Term) 100 Day: 8845 Down Trend,
(Long-Term) 200 Day: 8816 Down Trend.

Additional Metrics

ATR: 96,
VOLMA: 39317.

Overall Rating

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

Key Insights Summary

The SPI 200 futures are exhibiting pronounced downside momentum, with large bars and fast momentum confirming strong selling pressure. All benchmark moving averages across short, intermediate, and long-term horizons are trending down, reinforcing a broad-based bearish environment. Swing pivot analysis shows both short-term and intermediate-term trends are down, with the most recent pivot low at 8420 and the next potential reversal only above 8736, suggesting further downside risk unless a significant reversal occurs. Resistance levels are stacked well above current price, while support is distant, indicating little immediate technical support. Volatility remains elevated (ATR 96), and volume is above average, reflecting heightened activity likely driven by recent sharp declines. The overall technical structure points to a market in a corrective or impulsive sell-off phase, with no clear signs of stabilization or reversal yet visible on the daily timeframe.