MICRO E-MINI NASDAQ100 FULL0325 - 15 min. - Technical analysis published on 10/16/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 20,418.42 USD
My targets
20,177.58 USD (-0.87%)
20,013.17 USD (-1.68%)
My analysis
The bearish trend is currently very strong for MICRO E-MINI NASDAQ100 FULL1224. As long as the price remains below the resistance at 20,418.42 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 20,177.58 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 20,013.17 USD as an objective. Crossing it would then enable sellers to target 19,772.33 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
6.3
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Additional analysis
Quotes
The MICRO E-MINI NASDAQ100 FULL1224 price is 20,355.50 USD. The price registered an increase of +0.07% on the session and was traded between 20,306.75 USD and 20,397.50 USD over the period. The price is currently at +0.24% from its lowest and -0.21% from its highest.20,306.75
20,397.50
20,355.50
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MICRO E-MINI NASDAQ100 FULL1224 in 15 min. shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Technical indicators are bearish. There is still some doubt about the decline in the price.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20,015.25 | 20,144.75 | 20,267.00 | 20,355.50 | 20,382.50 | 20,508.00 | 20,590.25 |
| Change (%) | -1.67% | -1.04% | -0.43% | - | +0.13% | +0.75% | +1.15% |
| Change | -340.25 | -210.75 | -88.50 | - | +27.00 | +152.50 | +234.75 |
| Level | Minor | Major | Major | - | Minor | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 19,772.33 | 20,013.17 | 20,177.58 | 20,418.42 | 20,582.83 | 20,823.67 | 20,988.08 |
| Camarilla | 20,230.56 | 20,267.70 | 20,304.85 | 20,342.00 | 20,379.15 | 20,416.30 | 20,453.44 |
| Woodie | 19,734.13 | 19,994.06 | 20,139.38 | 20,399.31 | 20,544.63 | 20,804.56 | 20,949.88 |
| Fibonacci | 20,013.17 | 20,167.97 | 20,263.61 | 20,418.42 | 20,573.22 | 20,668.86 | 20,823.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,460.17 | 19,681.33 | 20,065.67 | 20,286.83 | 20,671.17 | 20,892.33 | 21,276.67 |
| Camarilla | 20,283.49 | 20,338.99 | 20,394.50 | 20,450.00 | 20,505.50 | 20,561.01 | 20,616.51 |
| Woodie | 19,541.75 | 19,722.13 | 20,147.25 | 20,327.63 | 20,752.75 | 20,933.13 | 21,358.25 |
| Fibonacci | 19,681.33 | 19,912.63 | 20,055.53 | 20,286.83 | 20,518.13 | 20,661.03 | 20,892.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,887.17 | 17,729.83 | 18,852.42 | 19,695.08 | 20,817.67 | 21,660.33 | 22,782.92 |
| Camarilla | 19,434.56 | 19,614.70 | 19,794.85 | 19,975.00 | 20,155.15 | 20,335.30 | 20,515.44 |
| Woodie | 17,027.13 | 17,799.81 | 18,992.38 | 19,765.06 | 20,957.63 | 21,730.31 | 22,922.88 |
| Fibonacci | 17,729.83 | 18,480.56 | 18,944.36 | 19,695.08 | 20,445.81 | 20,909.61 | 21,660.33 |
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): | 41.09 | |
| MACD (12,26,9): | -2.1400 | |
| Directional Movement: | -17.49 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 20,371.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 20,333.72 | |
| Elder Ray (13): | -21.18 | |
| Super Trend (3,10): | 20,404.25 | |
| Zig ZAG (10): | 20,337.50 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 53.84 | |
| TEMA (21): | 20,372.46 | |
| Williams %R (14): | -65.28 | |
| Chande Momentum Oscillator (20): | -37.00 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.20 |
| MA7: | 20,423.07 | |
| MA20: | 20,227.09 | |
| MA50: | 19,809.24 | |
| MA100: | 19,869.44 | |
| MAexp7: | 20,367.33 | |
| MAexp20: | 20,374.58 | |
| MAexp50: | 20,385.51 | |
| MAexp100: | 20,422.78 | |
| Price / MA7: | -0.33% | |
| Price / MA20: | +0.63% | |
| Price / MA50: | +2.76% | |
| Price / MA100: | +2.45% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | -0.33% |
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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