SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-May-05 07:07 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, 6863, 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: 8687 Up Trend,
• (Long-Term) 100 Day: 8480 Up Trend,
• (Long-Term) 200 Day: 7914 Up Trend.

Overall Rating

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

Key Insights Summary

Weekly structure remains in a broader uptrend, with price holding above the 55, 100, and 200 day benchmarks, but the latest swing has turned down from the 9092/9225 resistance zone and pulled back sharply into the 8496 area. The short-term pivot trend is still labeled UTrend, yet the HiLo trend has rolled to DTrend, showing a mixed tape with fast momentum and a large-range decline. Medium and longer-term structure still favors the upside because the major moving averages are rising and price is sitting well above the 100 and 200 day references. The current setup is best described as an elevated uptrend undergoing a corrective retracement after a failed push near the upper pivot resistance band.