SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jun-08 07:06 CT

Price Action

• Last: 8498,
• Bars: Large,
• Mom: fast.

WSFG Weekly

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

MSFG Month Jun

• 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 8500,
• 4. Pvt. Next: Pvt High 8744,
• 5. Levels R: 9241, 9092, 8925, 8829,
• 6. Levels S: 8500, 8305, 7394, 7216, 7173.

Daily Benchmarks

• (Short-Term) 5 Day: 8725 Down Trend,
• (Short-Term) 10 Day: 8713 Down Trend,
• (Intermediate-Term) 20 Day: 8678 Down Trend,
• (Intermediate-Term) 55 Day: 8572 Down Trend,
• (Long-Term) 100 Day: 8809 Down Trend,
• (Long-Term) 200 Day: 8827 Down Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

Price is pressing below the 55, 100, and 200 day benchmarks with the daily pivot structure still in a DTrend, keeping the swing backdrop aligned to the downside. The recent rebound into the 8744 pivot-high zone failed to hold, and the latest selloff has returned price back toward the 8500 support area, close to the current pivot evolve point. Resistance is layered overhead at 8500, 8829, 8925, 9092, and 9241, while the market is also trading under the mid-to-long benchmark cluster, which keeps the tone heavy. The daily range remains active with ATR elevated, and volume is running near baseline expansion, suggesting a fast-moving retracement environment rather than a steady trend grind. Overall, the chart reflects a bearish swing structure with lower highs and a renewed test of the lower support band.