SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-May-06 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: 8887 Up Trend,
(Long-Term) 100 Day: 8480 Up Trend,
(Long-Term) 200 Day: 7914 Up Trend.

Overall Rating

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

Key Insights Summary

The weekly SPI 200 futures structure remains in a broader rising cycle, with the long-term benchmarks still aligned higher and price holding above the 100-day and 200-day anchors. The latest weekly action shows a sharp drop from the 9225 area back into the 2026 yearly NTZ, leaving price clustered around 8815 and near the 20-day benchmark, which reflects a pause after a strong impulse rather than a completed trend break. Swing pivot structure is mixed: the short-term pivot trend is still up, while the intermediate HiLo trend has turned down, capturing the recent swing rejection from resistance and the fast retracement into support. Resistance is clearly defined at 9092 and 9225, while support is concentrated at 8496 and 8305, with the wider swing map still showing the earlier higher-low progression from the 2023 to 2025 advance. Overall, the chart reads as a long-term uptrend with a short-term consolidation phase and a more neutral intermediate tone after the recent pullback from the highs.