SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Apr-05 18:05 CT

Price Action

• Last: 8614,
• Bars: Medium,
• Mom: Momentum average.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Apr

• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 8410,
• 4. Pvt. Next: Pvt High 8774,
• 5. Levels R: 9241, 8850, 8774, 8718, 8305,
• 6. Levels S: 8410, 7118, 7113.

Daily Benchmarks

• (Short-Term) 5 Day: 8574 Up Trend,
• (Short-Term) 10 Day: 8534 Up Trend,
• (Intermediate-Term) 20 Day: 8612 Up Trend,
• (Intermediate-Term) 55 Day: 8777 Down Trend,
• (Long-Term) 100 Day: 8843 Down Trend,
• (Long-Term) 200 Day: 8813 Down Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 42227.

Overall Rating

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

Key Insights Summary

The SPI 200 futures are currently showing a short-term recovery with the latest swing pivot indicating an uptrend from a recent pivot low at 8410. Price has rebounded off support and is now trading above the 5, 10, and 20-day moving averages, all of which are in uptrends, confirming short-term bullish momentum. However, the intermediate and long-term moving averages (55, 100, 200-day) remain in downtrends, suggesting that the broader trend is still bearish and the current move may be a counter-trend rally or corrective bounce. Resistance levels are clustered above, with 8774 and 8850 as key areas to watch for potential rejection or consolidation. Support is well-defined at 8410, with deeper levels at 7118 and 7113. Volatility (ATR) is moderate, and volume is elevated, indicating active participation during this recovery phase. The overall structure suggests a market in transition, with short-term bullishness facing significant overhead resistance and longer-term bearish pressure still present. This environment is typical of a market attempting to form a base or transition out of a downtrend, but confirmation of a sustained reversal is not yet evident.