SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Jul-21 07:07 CT

Price Action

• Last: 8730,
• Bars: Small,
• 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 Below NTZ Lower,
• MSFG Trend: Bearish.

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 8851,
• 4. Pvt. Next: Pvt low 8651,
• 5. Levels R: 9233, 9084, 8976, 8851,
• 6. Levels S: 8608, 8496, 8297.

Daily Benchmarks

• (Short-Term) 5 Day: 8772 Down Trend,
• (Short-Term) 10 Day: 8768 Down Trend,
• (Intermediate-Term) 20 Day: 8771 Down Trend,
• (Intermediate-Term) 55 Day: 8764 Down Trend,
• (Long-Term) 100 Day: 8755 Down Trend,
• (Long-Term) 200 Day: 8798 Down Trend.

Additional Metrics

• ATR: 86,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

SPI is consolidating below a tightly clustered 5, 10, 20, 55, and 100-day benchmark band between 8755 and 8772, with the 200-day average at 8798 forming broader overhead pressure. The recent rebound from 8608 produced a higher swing low and preserved the short-term pivot UTrend, but the rally stalled at 8851 and has retraced back below the moving-average cluster. The intermediate HiLo structure remains a DTrend, reflecting lower highs from 9084 and 8976 through 8851. Small daily bars, slowing momentum, and subdued volume indicate compression rather than directional expansion. The near-term range is defined by 8851 resistance and 8608 support, while a move through 8651 would complete the next downside pivot sequence.