SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jul-10 07:07 CT

Price Action

Last: 8780,
Bars: Medium,
Mom: slow.

WSFG Weekly

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

MSFG Month Jul

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: UTrend,
3. Pvt. Evolve: Pvt Low 8608,
4. Pvt. Next: Pvt High 8806,
5. Levels R: 9233, 9084, 8976,
6. Levels S: 8608, 8496, 8297.

Daily Benchmarks

(Short-Term) 5 Day: 8771 Down Trend,
(Short-Term) 10 Day: 8770 Up Trend,
(Intermediate-Term) 20 Day: 8803 Down Trend,
(Intermediate-Term) 55 Day: 8761 Up Trend,
(Long-Term) 100 Day: 8776 Down Trend,
(Long-Term) 200 Day: 8804 Down Trend.

Additional Metrics

ATR: 96,
VOLMA: 30857.

Overall Rating

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

Key Insights Summary

Daily structure is trading inside a broad two-way swing range with repeated pivots between the mid-8600s and upper-8800s, while the latest action sits near the 8780 area and the pivot trend remains down. The current price is clustering around the 5/10-day benchmarks and just below the 20-day/100-day zone, which keeps the tape mixed intraday but still capped by overhead resistance levels at 8806, 8976, 9084, and 9233. The hi/lo pivot sequence is still constructive at the intermediate layer, yet the dominant short-term swing read is still corrective after the prior lower-high/lower-low sequence. ATR is moderate and volume is steady, matching a market that is rotating rather than trending hard, with recent candles showing range compression and rejection near prior resistance. Overall, the chart reflects a choppy consolidation phase with bearish short-term tone, neutral-to-mixed intermediate structure, and a heavier long-term backdrop from the declining 100- and 200-day benchmarks.