SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Sep-23 07:12 CT

Price Action

• Last: 8873,
• 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 Bearish,
• 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 8869,
• 4. Pvt. Next: Pvt low 8873,
• 5. Levels R: 9327, 9237, 8863,
• 6. Levels S: 8651, 8557, 8358, 7447, 7269.

Daily Benchmarks

• (Short-Term) 5 Day: 8787 Up Trend,
• (Short-Term) 10 Day: 8785 Up Trend,
• (Intermediate-Term) 20 Day: 8915 Down Trend,
• (Intermediate-Term) 55 Day: 8938 Down Trend,
• (Long-Term) 100 Day: 8896 Down Trend,
• (Long-Term) 200 Day: 8862 Down Trend.

Additional Metrics

• ATR: 397,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

SPI futures have produced a sharp short-term recovery from the 8651 swing low, restoring an UTrend pivot condition and lifting price above the rising 5-day and 10-day benchmarks. The rebound is testing the 8863 pivot resistance area while price remains beneath the declining 20-day, 55-day, and 100-day averages and below the September MSFG range. This creates a counter-trend rally structure within a broader intermediate and long-term decline. The 8915 to 8938 moving-average band is the principal overhead technical congestion zone, while 8651 remains the key recent swing-low support defining the prior selloff low. Volatility remains elevated with ATR at 397, consistent with broad daily swings and rapid directional rotations.