
The CN SGX FTSE China A50 Futures daily chart shows a strong short-term and intermediate-term bullish momentum, with price recently surging in large, fast-moving bars. Both the 5, 10, and 20-day moving averages are trending up, confirming the recent upside move, while the 55 and 100-day moving averages remain in a downtrend, indicating that the longer-term trend is still neutral and has not yet fully reversed. The 200-day moving average is trending up, providing a supportive backdrop for the current rally. Swing pivot analysis highlights an uptrend in both short- and intermediate-term trends, with the next key resistance at 15019.5–15077.5 and major resistance at 15685.0. Support is established at 14436.2 and 14165.0. Volatility is elevated (ATR 87.5), and volume has increased, suggesting strong participation in the recent move. The market is currently in a recovery phase, testing higher levels after a significant bounce from recent lows, but faces overhead resistance from longer-term moving averages and previous swing highs. The overall structure suggests a bullish bias in the short and intermediate term, with the potential for further upside if resistance levels are cleared, but the long-term trend remains neutral until a sustained breakout above the 100-day average is confirmed.