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

Price Action

• Last: 8560,
• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt High 9092,
• 4. Pvt. Next: Pvt Low 8520,
• 5. Levels R: 9225, 9092,
• 6. Levels S: 8305, 7216, 6883, 6514, 6397.

Weekly Benchmarks

• (Short-Term) 5 Day: 8699 Down Trend,
• (Short-Term) 10 Day: 8762 Down Trend,
• (Intermediate-Term) 20 Day: 8794 Down Trend,
• (Intermediate-Term) 55 Day: 8889 Down Trend,
• (Long-Term) 100 Day: 8521 Up Trend,
• (Long-Term) 200 Day: 7982 Up Trend.

Overall Rating

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

Key Insights Summary

Weekly price has rolled off the upper 2026 session zone and is trading below the short and intermediate benchmark cluster, leaving the near-term structure under pressure even though the broader sequence still respects the rising 100-day and 200-day averages. The pivot map remains constructive on the long swing backdrop, with the prior pivot high at 9092 and overhead resistance marked at 9225, but the active pivot progression has shifted to a lower swing-low objective at 8520 after the latest downside swing. The chart shows a strong multi-year uptrend with repeated higher-cycle expansions and sharp corrective retracements, including a recent broad selloff and rebound pattern that still fits a larger advancing trend. Near current levels, the tape is in a corrective phase with momentum carrying quickly lower from the prior peak, while the long-term structure continues to be anchored by the rising 100-day and 200-day benchmarks.