SPI ASX SPI 200 Index Futures Daily Chart Analysis: 2026-Oct-28 07:10 CT

Price Action

• Last: 8874,
• Bars: Small,
• Mom: Average.

WSFG Weekly

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

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 100%
• F0%/NTZ' Bias: Price Above F0%,
• MSFG Trend: UTrend.

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: UTrend,
• 3. Pvt. Evolve: Pvt high 8956,
• 4. Pvt. Next: Pvt low 8770,
• 5. Levels R: 9327, 9237, 8956,
• 6. Levels S: 8556, 8356, 7447, 7269, 7226.

Daily Benchmarks

• (Short-Term) 5 Day: 8835 Up Trend,
• (Short-Term) 10 Day: 8831 Up Trend,
• (Intermediate-Term) 20 Day: 8780 Up Trend,
• (Intermediate-Term) 55 Day: 8850 Up Trend,
• (Long-Term) 100 Day: 8905 Down Trend,
• (Long-Term) 200 Day: 8881 Down Trend.

Additional Metrics

• ATR: 98,
• VOLMA: 30857.

Overall Rating

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

Key Insights Summary

SPI has staged a V-shaped recovery from the 8556 swing low and is consolidating near 8874 after reclaiming the 5, 10, 20, and 55-day benchmarks. The active pivot structure remains higher-low/higher-high positive, although 8956 is the immediate pivot resistance and price remains beneath the declining 100-day average near 8905. October price is at the upper edge of its monthly NTZ and above the 8826 F0% area, reflecting constructive intermediate momentum, while the small recent bars and average ATR indicate compression rather than an impulsive breakout. The longer-term picture remains mixed-to-bearish because the 100-day and 200-day benchmark trends are still down, leaving the current recovery as a countertrend advance within a broader consolidation.