SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-Mar-23 07:10 CT

Price Action

• Last: 8785,
• 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 high 9225,
• 4. Pvt. Next: Pvt low 8304,
• 5. Levels R: 9225, 8864, 8686,
• 6. Levels S: 8522, 8304, 7837, 7216, 6514.

Weekly Benchmarks

• (Intermediate-Term) 5 Week: 8785 Down Trend,
• (Intermediate-Term) 10 Week: 8865 Down Trend,
• (Long-Term) 20 Week: 8946 Down Trend,
• (Long-Term) 55 Week: 8422 Up Trend,
• (Long-Term) 100 Week: 7857 Up Trend,
• (Long-Term) 200 Week: 7800 Up Trend.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures weekly chart reveals a notable shift in short-term sentiment, with a fast momentum move to the downside following a recent swing high at 9225. The current price at 8785 is below several key resistance levels and all short- and intermediate-term moving averages, which are now trending down. However, the intermediate-term HiLo trend remains up, suggesting the broader uptrend is not yet broken, but is under pressure. Long-term moving averages (55, 100, 200 week) continue to trend higher, indicating that the primary trend remains bullish despite the current pullback. The market is currently testing support levels around 8522 and 8304, with a deeper support at 7837 if selling persists. The neutral stance of the Fib grids across all timeframes suggests a period of consolidation or indecision, possibly following a strong rally and now entering a corrective phase. Volatility has increased, and the market is in a corrective swing, but the underlying long-term structure remains constructive unless key support levels are breached.