SPI ASX SPI 200 Index Futures Weekly Chart Analysis: 2026-May-22 07:07 CT

Price Action

• Last: 8992,
• 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: 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, 6883, 6514, 6397.

Weekly Benchmarks

• (Short-Term) 5 Day: 8792 Up Trend,
• (Short-Term) 10 Day: 8727 Up Trend,
• (Intermediate-Term) 20 Day: 8813 Up Trend,
• (Intermediate-Term) 55 Day: 8689 Up Trend,
• (Long-Term) 100 Day: 8497 Up Trend,
• (Long-Term) 200 Day: 7935 Up Trend.

Overall Rating

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

Key Insights Summary

Weekly structure remains constructive with price holding well above the rising 20, 55, 100, and 200 day benchmarks, confirming a strong higher-timeframe uptrend. The swing pivot sequence shows the short-term pivot trend still positive, while the broader hi/lo structure has recently softened after the sharp rejection from the 9225 area and the subsequent pullback toward the 8900 zone. The chart continues to reflect a dominant rally phase with alternating impulse legs and corrective swings, including a deep V-recovery from the 7216 low back into the upper range. The current position is sitting inside the upper yearly session fib zone after a strong run, with 9092 and 9225 acting as the nearest resistance markers and 8496 then 8305 as the first major support references. Overall, the tape still favors a bullish medium- to long-term swing backdrop, but with more recent two-way weekly volatility and rotation around the upper price shelf.