SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Oct-23 07:09 CT

Price Action

• Last: 8780,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

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

MSFG Month Oct

• 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: UTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt high 8890,
• 4. Pvt. Next: Pvt low 8703,
• 5. Levels R: 9327, 9237, 8893,
• 6. Levels S: 8556, 8356, 7447, 7226, 7209.

Daily Benchmarks

• (Short-Term) 5 Day: 8833 Down Trend,
• (Short-Term) 10 Day: 8842 Up Trend,
• (Intermediate-Term) 20 Day: 8753 Up Trend,
• (Intermediate-Term) 55 Day: 8850 Down Trend,
• (Long-Term) 100 Day: 8900 Down Trend,
• (Long-Term) 200 Day: 8832 Down Trend.

Additional Metrics

• ATR: 122,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

Price is consolidating in the lower portion of the October monthly grid after a sharp rebound from the 8556 swing low and rejection beneath the 8890 pivot-high area. The short-term pivot structure remains in UTrend, but price is below the 5-, 10-, 55-, 100-, and 200-day benchmarks, leaving the rebound contained within a broader intermediate and long-term bearish structure. The 8753 20-day average and 8703 next-pivot threshold define the nearby swing support area, while 8893 is the first meaningful overhead pivot resistance. Small recent bars and subdued momentum indicate a choppy compression phase rather than a sustained directional expansion.