
SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-May-07 07:08 CT
Price Action
- Last: 8815,
- Bars: Medium,
- Mom: average.
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: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Bullish.
Key Insights Summary
The weekly SPI 200 futures structure remains constructive, with price holding above the 55-day, 100-day, and 200-day benchmarks while consolidating beneath the recent 9092 and 9225 resistance bands. The pivot framework still shows a short-term UTrend, but the intermediate HiLo trend remains in a down phase, reflecting a market that has been rotating through a broad uptrend with sharp corrective swings. The year and month session fib zones are being traded in a balanced, mean-reverting manner around the upper half of the prior range, while the latest weekly action sits closer to the upper pivot support area after a pullback from the recent highs. Overall, the chart shows a bullish long-cycle backdrop with near-term chop and rotational volatility rather than a clean one-way trend.
Chart Analysis ATS AI Generated: 2026-05-07 07:08 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.