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

Price Action

• Last: 8821,
• 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: 8858 Down Trend,
• (Short-Term) 10 Day: 8751 Up Trend,
• (Intermediate-Term) 20 Day: 8821 Down Trend,
• (Intermediate-Term) 55 Day: 8691 Up Trend,
• (Long-Term) 100 Day: 8488 Up Trend,
• (Long-Term) 200 Day: 7925 Up Trend.

Overall Rating

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

Key Insights Summary

Price is holding in the upper half of the 2026 yearly range after a sharp swing down from the 9225 resistance area and a rebound off the 8305 support zone. The weekly structure remains constructive with the short-term pivot trend still UTrend, while the intermediate HiLo structure is still working through a DTrend phase from the recent decline. Benchmarks show the medium and long benchmarks stacked in a broadly supportive configuration, with the 55, 100, and 200 day references all rising, even as the 5 and 20 day measures reflect the recent pullback and choppy recovery. The larger weekly pattern looks like a volatile trend-and-retracement sequence with repeated rejection near the upper pivot band and strong reaction lows near the 8305 to 7216 area, leaving the market in a consolidative but still broadly upward long-term posture.