SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Apr-23 07:08 CT

Price Action

• Last: 8809,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt Low 8744,
• 4. Pvt. Next: Pvt High 9092,
• 5. Levels R: 9092, 9024, 9002, 8304, 8305, 7713,
• 6. Levels S: 8744, 8718, 8406, 8305, 7713.

Daily Benchmarks

• (Short-Term) 5 Day: 8827 Down Trend,
• (Short-Term) 10 Day: 8817 Down Trend,
• (Intermediate-Term) 20 Day: 8895 Down Trend,
• (Intermediate-Term) 55 Day: 8822 Down Trend,
• (Long-Term) 100 Day: 9009 Down Trend,
• (Long-Term) 200 Day: 8939 Down Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 41990.

Overall Rating

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

Key Insights Summary

The SPI 200 Index Futures daily chart currently reflects a market in transition. Price action has shifted to a medium bar structure with average momentum, indicating neither strong selling nor aggressive buying. All benchmark moving averages across short, intermediate, and long-term horizons are trending down, reinforcing a bearish technical backdrop. The short-term swing pivot trend has turned down (DTrend), while the intermediate-term HiLo trend remains up, suggesting a possible retracement within a broader uptrend or the early stages of a larger correction. Resistance is clustered near recent highs (9092, 9024), while support is found at 8744 and lower at 8406, highlighting key levels for potential price reactions. The ATR remains moderate, and volume is elevated, pointing to sustained but not extreme volatility. Overall, the market is consolidating after a recent rally and pullback, with a bias toward further downside in the short term unless a reversal above resistance pivots occurs. The environment is characterized by choppy, corrective price action rather than a clear trending move.