SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-May-04 07:08 CT

Price Action

• Last: 8815,
• Bars: Large,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month May

• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 9092,
• 4. Pvt. Next: Pvt Low 8496,
• 5. Levels R: 9225, 9092,
• 6. Levels S: 8305, 7216, 6883, 6514, 6397.

Weekly Benchmarks

• (Short-Term) 5 Day: 8824 Down Trend,
• (Short-Term) 10 Day: 8795 Down Trend,
• (Intermediate-Term) 20 Day: 8815 Down Trend,
• (Intermediate-Term) 55 Day: 8887 Up Trend,
• (Long-Term) 100 Day: 8480 Up Trend,
• (Long-Term) 200 Day: 7914 Up Trend.

Overall Rating

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

Key Insights Summary

Weekly price is holding near the 8800 area after a strong multi-year advance, with the latest swing structure still showing a short-term UTrend but a softer intermediate HiLo backdrop. Price remains above the 100-day and 200-day benchmarks, which keeps the broader long-term structure constructive, while the 55-day benchmark near 8887 sits close overhead and the 20-day/5-day area is being tested around current price. The 2026 yearly fib grid is still centered around a neutral NTZ, suggesting the market is consolidating inside a higher-level range rather than trending cleanly in one direction. Swing pivot resistance is defined by 9092 and 9225, while support is layered at 8305, 7216, and lower structural levels, highlighting a market that has recently expanded, corrected, and rebuilt into a higher trading band. Overall, the tape reads as a strong long-term trend with a mixed intermediate phase and a firmer short-term tone.