MICRO E-MINI NASDAQ100 FULL0325 - 15 min. - Technical analysis published on 11/12/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 21,218.83 USD
My targets
21,097.17 USD (-0.21%)
20,976.58 USD (-0.78%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MICRO E-MINI NASDAQ100 FULL1224 as long as the price remains well below 21,218.83 USD. The sellers' bearish objective is set at 21,097.17 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 20,976.58 USD. In case of crossing, the next objective would be the support located at 20,854.92 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.7
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Additional analysis
Quotes
The MICRO E-MINI NASDAQ100 FULL1224 price is 21,141.50 USD. On the day, this instrument lost -0.36% and was between 21,129.50 USD and 21,249.75 USD. This implies that the price is at +0.06% from its lowest and at -0.51% from its highest.21,129.50
21,249.75
21,141.50
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 MICRO E-MINI NASDAQ100 FULL1224 in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Black hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 20,286.50 | 20,731.50 | 21,135.00 | 21,141.50 | 21,337.10 |
| Change (%) | -4.04% | -1.94% | -0.03% | - | +0.93% |
| Change | -855.00 | -410.00 | -6.50 | - | +195.60 |
| Level | Intermediate | Minor | Major | - | 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 | 20,854.92 | 20,976.58 | 21,097.17 | 21,218.83 | 21,339.42 | 21,461.08 | 21,581.67 |
| Camarilla | 21,151.13 | 21,173.34 | 21,195.54 | 21,217.75 | 21,239.96 | 21,262.16 | 21,284.37 |
| Woodie | 20,854.38 | 20,976.31 | 21,096.63 | 21,218.56 | 21,338.88 | 21,460.81 | 21,581.13 |
| Fibonacci | 20,976.58 | 21,069.12 | 21,126.29 | 21,218.83 | 21,311.37 | 21,368.54 | 21,461.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,154.25 | 19,583.75 | 20,407.50 | 20,837.00 | 21,660.75 | 22,090.25 | 22,914.00 |
| Camarilla | 20,886.61 | 21,001.49 | 21,116.37 | 21,231.25 | 21,346.13 | 21,461.01 | 21,575.89 |
| Woodie | 19,351.38 | 19,682.31 | 20,604.63 | 20,935.56 | 21,857.88 | 22,188.81 | 23,111.13 |
| Fibonacci | 19,583.75 | 20,062.49 | 20,358.26 | 20,837.00 | 21,315.74 | 21,611.51 | 22,090.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,771.67 | 19,302.58 | 19,727.92 | 20,258.83 | 20,684.17 | 21,215.08 | 21,640.42 |
| Camarilla | 19,890.28 | 19,977.94 | 20,065.59 | 20,153.25 | 20,240.91 | 20,328.56 | 20,416.22 |
| Woodie | 18,718.88 | 19,276.19 | 19,675.13 | 20,232.44 | 20,631.38 | 21,188.69 | 21,587.63 |
| Fibonacci | 19,302.58 | 19,667.87 | 19,893.55 | 20,258.83 | 20,624.12 | 20,849.80 | 21,215.08 |
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): | 31.67 | |
| MACD (12,26,9): | -7.7100 | |
| Directional Movement: | -9.36 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 21,185.95 | |
| Parabolic SAR (0,02-0,02-0,2): | 21,236.25 | |
| Elder Ray (13): | -32.68 | |
| Super Trend (3,10): | 21,230.31 | |
| Zig ZAG (10): | 21,139.00 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 7.07 | |
| TEMA (21): | 21,176.13 | |
| Williams %R (14): | -98.06 | |
| Chande Momentum Oscillator (20): | -56.75 | |
| Repulse (5,40,3): | -0.3800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.18 |
| MA7: | 20,876.75 | |
| MA20: | 20,571.31 | |
| MA50: | 20,171.62 | |
| MA100: | 20,012.13 | |
| MAexp7: | 21,171.09 | |
| MAexp20: | 21,198.57 | |
| MAexp50: | 21,205.98 | |
| MAexp100: | 21,217.60 | |
| Price / MA7: | +1.27% | |
| Price / MA20: | +2.77% | |
| Price / MA50: | +4.81% | |
| Price / MA100: | +5.64% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | -0.30% | |
| Price / MAexp100: | -0.36% |
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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