MICRO E-MINI NASDAQ100 FULL0325 - 15 min. - Technical analysis published on 10/17/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 20,317.42 USD
My targets
20,509.67 USD (+0.21%)
20,621.83 USD (+0.76%)
My analysis
MICRO E-MINI NASDAQ100 FULL1224 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 20,317.42 USD. The next resistance located at 20,509.67 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 20,621.83 USD. After this resistance, buyers could then target 20,680.00 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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This analysis was given by euletthomas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICRO E-MINI NASDAQ100 FULL1224 rating 20,465.75 USD. The price registered an increase of +0.57% on the session and was traded between 20,276.75 USD and 20,474.50 USD over the period. The price is currently at +0.93% from its lowest and -0.04% from its highest.20,276.75
20,474.50
20,465.75
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
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
A technical analysis in 15 min. of this MICRO E-MINI NASDAQ100 FULL1224 chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20,144.75 | 20,266.33 | 20,398.44 | 20,465.75 | 20,466.00 | 20,590.25 | 20,680.00 |
| Change (%) | -1.57% | -0.97% | -0.33% | - | +0.00% | +0.61% | +1.05% |
| Change | -321.00 | -199.42 | -67.31 | - | +0.25 | +124.50 | +214.25 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 20,045.08 | 20,125.17 | 20,237.33 | 20,317.42 | 20,429.58 | 20,509.67 | 20,621.83 |
| Camarilla | 20,296.63 | 20,314.25 | 20,331.88 | 20,349.50 | 20,367.12 | 20,384.75 | 20,402.37 |
| Woodie | 20,061.13 | 20,133.19 | 20,253.38 | 20,325.44 | 20,445.63 | 20,517.69 | 20,637.88 |
| Fibonacci | 20,125.17 | 20,198.61 | 20,243.98 | 20,317.42 | 20,390.86 | 20,436.23 | 20,509.67 |
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): | 78.79 | |
| MACD (12,26,9): | 38.1800 | |
| Directional Movement: | 30.73 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 20,434.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 20,405.25 | |
| Elder Ray (13): | 45.12 | |
| Super Trend (3,10): | 20,382.41 | |
| Zig ZAG (10): | 20,460.75 | |
| VORTEX (21): | 1.3400 | |
| Stochastique (14,3,5): | 88.47 | |
| TEMA (21): | 20,463.61 | |
| Williams %R (14): | -8.57 | |
| Chande Momentum Oscillator (20): | 158.00 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.36 |
| MA7: | 20,445.04 | |
| MA20: | 20,245.25 | |
| MA50: | 19,843.17 | |
| MA100: | 19,882.95 | |
| MAexp7: | 20,438.50 | |
| MAexp20: | 20,391.14 | |
| MAexp50: | 20,356.18 | |
| MAexp100: | 20,357.63 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | +1.09% | |
| Price / MA50: | +3.14% | |
| Price / MA100: | +2.93% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.36% | |
| Price / MAexp50: | +0.54% | |
| Price / MAexp100: | +0.53% |
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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