SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Sep-08 07:11 CT

Price Action

• Last: 8950,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

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

MSFG Month Sep

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Below NTZ,
• MSFG Trend: Down.

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: Neutral,
• 3. Pvt. Evolve: Pvt Low 8945,
• 4. Pvt. Next: Pvt High 9133,
• 5. Levels R: 9327, 9237,
• 6. Levels S: 8945, 8898, 8869, 8557, 8358.

Daily Benchmarks

• (Short-Term) 5 Day: 9033 Down Trend,
• (Short-Term) 10 Day: 9061 Down Trend,
• (Intermediate-Term) 20 Day: 9080 Down Trend,
• (Intermediate-Term) 55 Day: 9007 Down Trend,
• (Long-Term) 100 Day: 8899 Up Trend,
• (Long-Term) 200 Day: 8678 Up Trend.

Additional Metrics

• ATR: 96,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

SPI futures remain in a sharp short-term downswing after rejection from the 9237 pivot-high area. Price at 8950 is below the 5, 10, 20, and 55-day benchmarks and below the September MSFG NTZ, confirming downside momentum and a bearish intermediate structure. The market is testing the 8945 swing-low support area, with 8898 and the rising 100-day average at 8899 forming the next notable support cluster. Despite the current selloff, the long-term structure remains positive because price remains above the rising 100-day and 200-day averages. The recent sequence reflects lower highs and lower lows following the August peak, while reduced volume relative to earlier activity suggests a corrective retracement rather than a broad long-term trend reversal.