The SPI 200 Index Futures weekly chart shows a recent sharp pullback from the swing high at 9225, with the last price at 9015 and large, fast-moving bars indicating heightened volatility. The short-term swing pivot trend has shifted to down (DTrend), suggesting a corrective phase after a strong rally. However, intermediate-term HiLo trend remains neutral, reflecting indecision or consolidation after the recent move. The next key support is at 8786, with further levels at 8305 and below, while resistance is clearly defined at the recent high of 9225. Benchmark moving averages show a mixed picture: the 5-week MA has turned down, but all longer-term averages (10, 20, 55, 100, 200 week) remain in uptrends, supporting a bullish long-term structure. The price remains above most major support levels, and the overall trend since 2023 has been upward, with higher lows and higher highs, despite the current retracement. The neutral stance of the Fib Grid (WSFG, MSFG, YSFG) across all timeframes suggests the market is in a pause or consolidation phase, possibly digesting recent gains. The technical setup points to a short-term correction within a broader bullish context, with the potential for further volatility as the market tests support levels. No clear breakout or breakdown is confirmed yet, and the market may continue to oscillate within the defined pivot and Fib grid zones until a new directional move emerges.