SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-Apr-21 07:09 CT

Price Action

Last: 8895,
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: DTrend,
(Intermediate-Term) 2. HiLo Trend: D2-DTrend,
3. Pvt. Evolve: Pvt high 9225,
4. Pvt. Next: Pvt low 8305,
5. Levels R: 9225,
6. Levels S: 8305, 7216, 6514.

Weekly Benchmarks

(Intermediate-Term) 5 Week: 8839 Down Trend,
(Intermediate-Term) 10 Week: 8681 Down Trend,
(Long-Term) 20 Week: 8809 Up Trend,
(Long-Term) 55 Week: 8461 Up Trend,
(Long-Term) 100 Week: 7892 Up Trend,
(Long-Term) 200 Week: 7802 Up Trend.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures weekly chart shows a market in transition. After a strong rally to new highs (9225), the recent swing pivot has shifted to a downtrend on both short- and intermediate-term metrics, with price pulling back from resistance and momentum moderating. The 5- and 10-week moving averages have turned down, confirming short-term weakness, while the 20-, 55-, 100-, and 200-week moving averages remain in solid uptrends, reflecting a robust long-term bullish structure. Price is currently consolidating within the yearly NTZ, with support at 8305 and further downside levels at 7216 and 6514. The overall setup suggests a corrective phase within a larger uptrend, with the market digesting gains after a significant advance. Volatility has increased, and the chart structure hints at a possible retest of lower support before any renewed upside momentum. The long-term trend remains intact, but short- and intermediate-term traders are seeing a bearish bias as the market works through this pullback phase.