SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Aug-20 07:10 CT

Price Action

• Last: 8947,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

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

MSFG Month Aug

• 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 8947,
• 4. Pvt. Next: Pvt high 9141,
• 5. Levels R: 9266,
• 6. Levels S: 8947, 8837, 8608, 8496, 8297.

Daily Benchmarks

• (Short-Term) 5 Day: 9017 Up Trend,
• (Short-Term) 10 Day: 9093 Down Trend,
• (Intermediate-Term) 20 Day: 9033 Down Trend,
• (Intermediate-Term) 55 Day: 8910 Up Trend,
• (Long-Term) 100 Day: 8820 Up Trend,
• (Long-Term) 200 Day: 8797 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

Price has retraced sharply from the 9266 swing-high resistance area and the short-term pivot structure has shifted to DTrend. The 8947 pivot low and August F0% area form the immediate balance point, while 8837 is the next notable support beneath it. Despite the fast downside momentum and price trading below the 5-, 10-, and 20-day benchmarks, the intermediate HiLo structure remains UTrend and price remains above the rising 55-, 100-, and 200-day benchmarks. This frames the current decline as a short-term countertrend pullback within a still constructive broader trend, with 9141 as the next upside pivot threshold and 9266 the major overhead resistance.