SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-May-28 07:07 CT

Price Action

Last: 8757,
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 8761,
4. Pvt. Next: Pvt Low 8513,
5. Levels R: 9241, 9092, 8925, 8761,
6. Levels S: 8512, 8305.

Daily Benchmarks

(Short-Term) 5 Day: 8888 Down Trend,
(Short-Term) 10 Day: 8843 Down Trend,
(Intermediate-Term) 20 Day: 8890 Down Trend,
(Intermediate-Term) 55 Day: 8746 Down Trend,
(Long-Term) 100 Day: 8811 Down Trend,
(Long-Term) 200 Day: 8833 Down Trend.

Additional Metrics

ATR: 96,
VOLMA: 30857.

Overall Rating

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

Key Insights Summary

The daily structure is trading in a choppy recovery phase after a sharp decline from the March high into the April low, followed by a rebound into the May range. Price is now pressing near the 55-day benchmark while remaining below the 20, 100, and 200-day benchmarks, which keeps the broader trend mixed to lower. The short-term pivot trend is still positive, but the higher/lower pivot trend remains negative, reflecting a market that is attempting to stabilize without yet repairing the intermediate-term damage. The current location inside the May monthly session box and near the upper half of the recent consolidation points to a range-bound, test-and-retest environment with resistance overhead from the 8761 pivot area and the 8925 to 9092 levels. The swing trader read is neutral on the day-to-day tape, bearish on the intermediate structure, and bearish on the longer-term backdrop as the benchmark stack remains aligned lower.