SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-May-12 07:07 CT

Price Action

• Last: 8673,
• Bars: Medium,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month May

• Intermediate-Term
• MSFG Current: 50%
• 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 8643,
• 4. Pvt. Next: Pvt high 8859,
• 5. Levels R: 9241, 9092, 8925,
• 6. Levels S: 8643, 8614, 8305.

Daily Benchmarks

• (Short-Term) 5 Day: 8673 Down Trend,
• (Short-Term) 10 Day: 8704 Down Trend,
• (Intermediate-Term) 20 Day: 8818 Down Trend,
• (Intermediate-Term) 55 Day: 8798 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 well below the clustered benchmark moving averages, keeping the daily structure aligned with a downside swing profile. The pivot sequence remains in DTrend, with the most recent lower pivot at 8643 and the next opposing pivot marked higher at 8859, which frames the current range. May’s MSFG is centered near the current trade area, so the monthly session structure is balanced even while the daily trend remains weak. The broader chart shows a sharp rally into the 9241 area followed by a fast selloff, then a rebound that failed beneath the 8925-9092 resistance band, leaving the market in a lower-high, lower-low corrective phase. ATR remains moderate and volume is near average, consistent with a swing market that is active but not in full expansion mode.