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

Price Action

WSFG Weekly

MSFG Month Apr

YSFG Year 2026

Swing Pivots

Weekly Benchmarks

Overall Rating

Key Insights Summary

The SPI 200 Index Futures weekly chart shows a market in transition. Price action has recently shifted to the downside, with medium-sized bars and average momentum reflecting a move away from the highs. Both short-term and intermediate-term swing pivot trends are down, confirmed by the most recent pivot low at 8305 and resistance at 9225. The 5, 10, and 20-week moving averages are all trending down, reinforcing the bearish tone in the short and intermediate timeframes. However, the longer-term 55, 100, and 200-week moving averages remain in uptrends, suggesting that the broader bull market structure is still intact. The market is currently consolidating within the yearly NTZ, with price action neutral relative to the session fib grids, indicating a pause or potential base-building phase. Key support levels are clustered below, while resistance remains overhead. The overall setup points to a corrective phase within a larger uptrend, with the potential for further volatility as the market tests support and resistance zones.


Chart Analysis ATS AI Generated: 2026-04-23 07:09 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.