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

Price Action

• Last: 8883,
• 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: UTrend,
• 3. Pvt. Evolve: Pvt High 8925,
• 4. Pvt. Next: Pvt Low 8721,
• 5. Levels R: 9241, 9092, 8925,
• 6. Levels S: 8614, 8305, 7394, 7216, 7173.

Daily Benchmarks

• (Short-Term) 5 Day: 8768 Up Trend,
• (Short-Term) 10 Day: 8752 Up Trend,
• (Intermediate-Term) 20 Day: 8855 Up Trend,
• (Intermediate-Term) 55 Day: 8808 Up Trend,
• (Long-Term) 100 Day: 8819 Up Trend,
• (Long-Term) 200 Day: 8841 Up Trend.

Additional Metrics

• ATR: 107,
• VOLMA: 41617.42.

Overall Rating

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

Key Insights Summary

The daily structure remains constructive with price holding above the full benchmark stack and the short-term swing pivot trend still in UTrend. Price is pressing into the 8925 pivot-high area after a sharp recovery off the 8305 low, showing a strong impulsive rebound and a sequence of higher lows. The current position is near the upper end of the recent rebound range, while the broader swing map still shows higher resistance overhead at 9092 and 9241. Monthly and weekly fib-grid readings are neutral, which frames the move as a price-led recovery inside a larger consolidation environment rather than a clean trend breakout across all higher-timeframe layers. The tape is elevated in range size and momentum, with large bars and faster movement, while the long-term benchmark cluster near 8819 to 8841 keeps the broader backdrop aligned with the current price zone.