SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-May-21 07:08 CT

Price Action

• Last: 8642,
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt Low 8512,
• 4. Pvt. Next: Pvt High 8750,
• 5. Levels R: 9241, 9092, 8925,
• 6. Levels S: 8512, 8305, 7394, 7216, 7173.

Daily Benchmarks

• (Short-Term) 5 Day: 8599 Down Trend,
• (Short-Term) 10 Day: 8652 Down Trend,
• (Intermediate-Term) 20 Day: 8702 Down Trend,
• (Intermediate-Term) 55 Day: 8757 Down Trend,
• (Long-Term) 100 Day: 8814 Down Trend,
• (Long-Term) 200 Day: 8837 Down Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

Price remains below the full benchmark stack, with all daily moving averages aligned in a down trend and the pivot structure still pointing lower on both the short-term and intermediate-term measures. The chart shows a broad selloff from the March peak, a sharp April washout toward the 8305 support region, and a rebound that failed beneath the 8925 to 9092 resistance band before rolling back over into the lower May range. Current trade structure is choppy and retracement-heavy, but the dominant pattern is still a lower-high, lower-low sequence with the next confirmed pivot framework centered on a new pivot high above 8750 after the 8512 low.