MICRO E-MINI NASDAQ100 FULL0325 - 15 min. - Technical analysis published on 11/18/2024 (GMT)
- 84
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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 bullish
Underlying:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 20,272.33 USD
My targets
20,848.08 USD (+0.95%)
21,202.42 USD (+2.67%)
My analysis
The bullish trend is currently very strong on MICRO E-MINI NASDAQ100 FULL1224. As long as the price remains above the support at 20,272.33 USD, you could try to benefit from the boom. The first bullish objective is located at 20,848.08 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 21,202.42 USD as an objective. Crossing it would then enable buyers to target 21,423.83 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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.
This analysis was given by euletthomas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICRO E-MINI NASDAQ100 FULL1224 price is 20,651.50 USD. The price registered an increase of +0.77% on the session and was traded between 20,476.25 USD and 20,724.50 USD over the period. The price is currently at +0.86% from its lowest and -0.35% from its highest.20,476.25
20,724.50
20,651.50
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
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of MICRO E-MINI NASDAQ100 FULL1224 indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20,280.00 | 20,373.00 | 20,619.25 | 20,651.50 | 20,794.00 | 20,933.58 | 21,135.00 |
| Change (%) | -1.80% | -1.35% | -0.16% | - | +0.69% | +1.37% | +2.34% |
| Change | -371.50 | -278.50 | -32.25 | - | +142.50 | +282.08 | +483.50 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,696.58 | 20,050.92 | 20,272.33 | 20,626.67 | 20,848.08 | 21,202.42 | 21,423.83 |
| Camarilla | 20,335.42 | 20,388.20 | 20,440.97 | 20,493.75 | 20,546.53 | 20,599.30 | 20,652.08 |
| Woodie | 19,630.13 | 20,017.69 | 20,205.88 | 20,593.44 | 20,781.63 | 21,169.19 | 21,357.38 |
| Fibonacci | 20,050.92 | 20,270.85 | 20,406.73 | 20,626.67 | 20,846.60 | 20,982.48 | 21,202.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,217.25 | 19,811.25 | 20,152.50 | 20,746.50 | 21,087.75 | 21,681.75 | 22,023.00 |
| Camarilla | 20,236.56 | 20,322.29 | 20,408.02 | 20,493.75 | 20,579.48 | 20,665.21 | 20,750.94 |
| Woodie | 19,090.88 | 19,748.06 | 20,026.13 | 20,683.31 | 20,961.38 | 21,618.56 | 21,896.63 |
| Fibonacci | 19,811.25 | 20,168.52 | 20,389.24 | 20,746.50 | 21,103.77 | 21,324.49 | 21,681.75 |
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.48 | |
| MACD (12,26,9): | 27.2300 | |
| Directional Movement: | 3.86 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 20,662.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 20,724.50 | |
| Elder Ray (13): | 2.51 | |
| Super Trend (3,10): | 20,602.28 | |
| Zig ZAG (10): | 20,658.25 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 72.55 | |
| TEMA (21): | 20,687.25 | |
| Williams %R (14): | -28.46 | |
| Chande Momentum Oscillator (20): | 104.50 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.26 |
| MA7: | 20,993.89 | |
| MA20: | 20,652.42 | |
| MA50: | 20,318.48 | |
| MA100: | 20,035.74 | |
| MAexp7: | 20,661.91 | |
| MAexp20: | 20,631.15 | |
| MAexp50: | 20,611.69 | |
| MAexp100: | 20,639.09 | |
| Price / MA7: | -1.63% | |
| Price / MA20: | +0.00% | |
| Price / MA50: | +1.64% | |
| Price / MA100: | +3.07% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.19% | |
| Price / MAexp100: | +0.06% |
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
Online
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
Comments
0 comments on the analysis MICRO E-MINI NASDAQ100 FULL0325 - 15 min.