SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-May-08 07:06 CT

Price Action

• Last: 8815,
• Bars: Large,
• 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 8489,
• 5. Levels R: 9225, 9092,
• 6. Levels S: 8305, 7216, 6863, 6514.

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

Weekly structure remains constructive but rotational. Price is holding above the long-term 100 Day and 200 Day benchmarks, keeping the broader trend biased higher, while the intermediate picture is still mixed because the 20 Day sits near price and the 55 Day is above current trade, showing a recent recovery from the prior swing low and a still-developing rebound. The swing pivot map shows a current short-term uptrend, but the higher-order hi/lo trend remains down, reflecting a market that is still working through the aftermath of the sharp pullback from the 9225 area toward 8305. The current location inside the yearly session fib NTZ suggests balance after the prior expansion, with price consolidating under the recent resistance band around 9092 to 9225 and above support at 8489 and 8305. Overall, the chart reads as a higher-timeframe uptrend with near-term consolidation and choppy, two-sided weekly swings.