SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-May-11 07:07 CT

Price Action

• Last: 8744,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 8688,
• 4. Pvt. Next: Pvt High 8880,
• 5. Levels R: 9241, 9092, 8925,
• 6. Levels S: 8688, 8614, 8305.

Daily Benchmarks

• (Short-Term) 5 Day: 8705 Down Trend,
• (Short-Term) 10 Day: 8745 Down Trend,
• (Intermediate-Term) 20 Day: 8834 Down Trend,
• (Intermediate-Term) 55 Day: 8802 Down Trend,
• (Long-Term) 100 Day: 8820 Down Trend,
• (Long-Term) 200 Day: 8841 Down Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

Price is trading below the full benchmark stack, with the short-term swing structure still in a down phase and the latest pivot sequence showing a lower-high / lower-low profile. The market has already cycled through a sharp selloff from the March peak into the April low, followed by a rebound back toward the 8880-8925 resistance zone and then a retreat to the current 8744 area. That keeps the daily tape in a broad corrective and choppy state rather than a clean trend continuation. The nearby support cluster at 8688 and 8614 defines the current lower boundary, while 8880, 8925, and 9092 remain the key upside reference levels from prior swing highs. Volume is moderate and ATR is elevated, which fits a faster-moving swing environment with larger daily ranges than a quiet consolidation phase.