NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/08/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 18,205.58 USD
My targets
18,090.33 USD (-0.42%)
18,029.67 USD (-0.75%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NASDAQ100 - MINI NASDAQ100 FULL0624. As long as you are under the resistance located at 18,205.58 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 18,090.33 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 18,029.67 USD as an objective. Crossing it would then enable sellers to target 17,949.00 USD. If the resistance 18,205.58 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0624 price is 18,166.50 USD. The price registered a decrease of -0.18% on the session and was traded between 18,072.50 USD and 18,216.75 USD over the period. The price is currently at +0.52% from its lowest and -0.28% from its highest.18,072.50
18,216.75
18,166.50
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 - MINI NASDAQ100 FULL0624:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL0624 in 15 min. shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 17,386.25 | 17,767.10 | 17,949.00 | 18,166.50 | 18,201.00 | 18,585.75 |
| Change (%) | -4.29% | -2.20% | -1.20% | - | +0.19% | +2.31% |
| Change | -780.25 | -399.40 | -217.50 | - | +34.50 | +419.25 |
| Level | Minor | Major | Minor | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,029.67 | 18,090.33 | 18,144.92 | 18,205.58 | 18,260.17 | 18,320.83 | 18,375.42 |
| Camarilla | 18,167.81 | 18,178.37 | 18,188.94 | 18,199.50 | 18,210.07 | 18,220.63 | 18,231.19 |
| Woodie | 18,026.63 | 18,088.81 | 18,141.88 | 18,204.06 | 18,257.13 | 18,319.31 | 18,372.38 |
| Fibonacci | 18,090.33 | 18,134.36 | 18,161.56 | 18,205.58 | 18,249.61 | 18,276.81 | 18,320.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,910.58 | 17,148.42 | 17,574.58 | 17,812.42 | 18,238.58 | 18,476.42 | 18,902.58 |
| Camarilla | 17,818.15 | 17,879.02 | 17,939.88 | 18,000.75 | 18,061.62 | 18,122.48 | 18,183.35 |
| Woodie | 17,004.75 | 17,195.50 | 17,668.75 | 17,859.50 | 18,332.75 | 18,523.50 | 18,996.75 |
| Fibonacci | 17,148.42 | 17,402.07 | 17,558.77 | 17,812.42 | 18,066.07 | 18,222.77 | 18,476.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15,390.25 | 16,251.75 | 16,845.00 | 17,706.50 | 18,299.75 | 19,161.25 | 19,754.50 |
| Camarilla | 17,038.19 | 17,171.55 | 17,304.90 | 17,438.25 | 17,571.60 | 17,704.95 | 17,838.31 |
| Woodie | 15,256.13 | 16,184.69 | 16,710.88 | 17,639.44 | 18,165.63 | 19,094.19 | 19,620.38 |
| Fibonacci | 16,251.75 | 16,807.47 | 17,150.79 | 17,706.50 | 18,262.22 | 18,605.54 | 19,161.25 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.46 | |
| MACD (12,26,9): | -22.1200 | |
| Directional Movement: | -1.12 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 18,114.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 18,073.58 | |
| Elder Ray (13): | 12.13 | |
| Super Trend (3,10): | 18,078.40 | |
| Zig ZAG (10): | 18,162.25 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 39.13 | |
| TEMA (21): | 18,104.77 | |
| Williams %R (14): | -24.12 | |
| Chande Momentum Oscillator (20): | 0.75 | |
| Repulse (5,40,3): | 0.3700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.70 |
| MA7: | 17,889.25 | |
| MA20: | 17,797.84 | |
| MA50: | 18,134.26 | |
| MA100: | 17,868.44 | |
| MAexp7: | 18,135.42 | |
| MAexp20: | 18,141.47 | |
| MAexp50: | 18,168.62 | |
| MAexp100: | 18,175.73 | |
| Price / MA7: | +1.55% | |
| Price / MA20: | +2.07% | |
| Price / MA50: | +0.18% | |
| Price / MA100: | +1.67% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | -0.05% |
Quotes :
-
10 min delayed data
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CME E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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