Post an Analysis Request an analysis AI Londinia analysis
S&P400 - MINI S&P400 FULL0624
S&P400 - MINI S&P400 FULL0624
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: MCXXXX
ISIN: MCXXXX

S&P400 - MINI S&P400 FULL0624 - 1H - Technical analysis published on 03/28/2022 (GMT)

  • 172
  • 0
Londinia
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 2,716.10 USD
My targets
2,653.88 USD (-0.91%)
2,616.50 USD (-2.30%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on S&P400 - MINI S&P400 FULL0622 as long as the price remains well below 2,716.10 USD. The sellers' bearish objective is set at 2,653.88 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,616.50 USD. In case of crossing, the next objective would be the support located at 2,574.80 USD.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The S&P400 - MINI S&P400 FULL0622 price is 2,678.20 USD. The price is lower by -1.10% since the last closing and was traded between 2,676.00 USD and 2,711.00 USD over the period. The price is currently at +0.08% from its lowest and -1.21% from its highest.

2,676.00
2,711.00
2,678.20

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of S&P400 - MINI S&P400 FULL0622 indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,616.50 2,653.88 2,675.91 2,678.20 2,716.10 2,766.80 2,858.20
Change (%) -2.30% -0.91% -0.09% - +1.42% +3.31% +6.72%
Change -61.70 -24.32 -2.29 - +37.90 +88.60 +180.00
Level Minor Major Major - Major Major Minor



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
Standard2,660.672,670.332,689.172,698.832,717.672,727.332,746.17
Camarilla2,700.162,702.782,705.392,708.002,710.612,713.232,715.84
Woodie2,665.252,672.632,693.752,701.132,722.252,729.632,750.75
Fibonacci2,670.332,681.222,687.952,698.832,709.722,716.452,727.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,589.872,621.732,664.872,696.732,739.872,771.732,814.87
Camarilla2,687.382,694.252,701.132,708.002,714.882,721.752,728.63
Woodie2,595.502,624.552,670.502,699.552,745.502,774.552,820.50
Fibonacci2,621.732,650.382,668.082,696.732,725.382,743.082,771.73


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,208.102,340.602,470.802,603.302,733.502,866.002,996.20
Camarilla2,528.762,552.842,576.922,601.002,625.082,649.162,673.24
Woodie2,206.952,340.032,469.652,602.732,732.352,865.432,995.05
Fibonacci2,340.602,440.952,502.952,603.302,703.652,765.652,866.00

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): 38.10
MACD (12,26,9): -1.1100
Directional Movement: -16.67
AROON (14): -35.71
DEMA (21): 2,696.26
Parabolic SAR (0,02-0,02-0,2): 2,708.76
Elder Ray (13): -15.32
Super Trend (3,10): 2,706.69
Zig ZAG (10): 2,679.00
VORTEX (21): 0.9200
Stochastique (14,3,5): 12.70
TEMA (21): 2,691.85
Williams %R (14): -92.00
Chande Momentum Oscillator (20): -19.90
Repulse (5,40,3): -0.6900
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 0.42
MA7: 2,689.90
MA20: 2,628.23
MA50: 2,626.31
MA100: 2,711.17
MAexp7: 2,691.11
MAexp20: 2,696.23
MAexp50: 2,693.34
MAexp100: 2,686.24
Price / MA7: -0.43%
Price / MA20: +1.90%
Price / MA50: +1.98%
Price / MA100: -1.22%
Price / MAexp7: -0.48%
Price / MAexp20: -0.67%
Price / MAexp50: -0.56%
Price / MAexp100: -0.30%

Quotes : - 10 min delayed data - CME E-mini Futures

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

Online

Overall rating :
15133
Number of analyses :
76200
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis S&P400 - MINI S&P400 FULL0624 - 1H

NEW !