SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Apr-06 07:07 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 High 8797,
4. Pvt. Next: Pvt Low 8419,
5. Levels R: 9241, 8850, 8797, 8718, 8687, 8625, 8607,
6. Levels S: 8419, 8335, 8305, 7173, 7118, 7113.

Daily Benchmarks

(Short-Term) 5 Day: 8574 Down Trend,
(Short-Term) 10 Day: 8583 Up Trend,
(Intermediate-Term) 20 Day: 8712 Down Trend,
(Intermediate-Term) 55 Day: 8777 Down Trend,
(Long-Term) 100 Day: 8945 Down Trend,
(Long-Term) 200 Day: 8813 Down Trend.

Additional Metrics

ATR: 96,
VOLMA: 42227.

Overall Rating

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

Key Insights Summary

The SPI 200 futures daily chart shows a recent recovery from a sharp sell-off, with price rebounding off the early April lows and forming a new short-term uptrend pivot. However, the intermediate and long-term trends remain bearish, as indicated by the downward sloping 20, 55, 100, and 200-day moving averages. Resistance levels are clustered above, particularly around 8797–8850, while support is established at 8419 and lower. The ATR remains elevated, reflecting ongoing volatility, and volume has spiked during recent swings, suggesting active participation during reversals. The market is currently in a consolidation phase after a volatile decline, with price action caught between major resistance and support. The overall structure suggests a neutral short-term outlook, but the prevailing intermediate and long-term bias remains to the downside until key resistance levels are reclaimed.