SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Apr-28 07:07 CT

Price Action

• Last: 8694,
• Bars: Medium,
• Mom: slow.

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 8693,
• 4. Pvt. Next: Pvt High 8919,
• 5. Levels R: 9241, 9092,
• 6. Levels S: 8893, 8305, 7394, 7216, 7173.

Daily Benchmarks

• (Short-Term) 5 Day: 8805 Down Trend,
• (Short-Term) 10 Day: 8895 Down Trend,
• (Intermediate-Term) 20 Day: 8848 Down Trend,
• (Intermediate-Term) 55 Day: 8823 Down Trend,
• (Long-Term) 100 Day: 8812 Down Trend,
• (Long-Term) 200 Day: 8839 Down Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

The daily structure is in a corrective-to-bearish swing phase after the sharp rejection from the 9241 pivot high and the subsequent failure to hold the 9092 resistance zone. Price is now trading below the clustered benchmark moving averages, with momentum slow and the latest pivot evolution pointed to a new pivot low at 8693, keeping short-term swing pressure negative. The April MSFG remains neutral in bias, but the current trade location sits below the midrange and near the lower part of the recent swing structure, reflecting a weak recovery attempt after the March selloff and a series of lower highs. The broader tape still shows an intermediate bearish posture, while the long-term average stack is flat-to-lower and price is positioned beneath it, leaving the larger trend tilted bearish as the market works through a choppy consolidation after the prior volatility expansion.