MICRO E-MINI NASDAQ100 FULL0325 - 15 min. - Technical analysis published on 12/23/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 21,917.00 USD
My targets
21,462.00 USD (-0.65%)
21,111.50 USD (-2.27%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on MICRO E-MINI NASDAQ100 FULL0325 as long as the price remains well below 21,917.00 USD. The next bearish objective for sellers is set at 21,462.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 21,111.50 USD. In case of crossing, the next objective would be the support located at 20,656.50 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
4.3
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This analysis was given by cornelius5000. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICRO E-MINI NASDAQ100 FULL0325 price is 21,602.00 USD. The price registered an increase of +0.17% on the session and was traded between 21,565.25 USD and 21,741.50 USD over the period. The price is currently at +0.17% from its lowest and -0.64% from its highest.21,565.25
21,741.50
21,602.00
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of MICRO E-MINI NASDAQ100 FULL0325 indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Three black crows
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21,308.50 | 21,422.00 | 21,550.00 | 21,602.00 | 21,695.38 | 21,890.75 | 22,107.60 |
| Change (%) | -1.36% | -0.83% | -0.24% | - | +0.43% | +1.34% | +2.34% |
| Change | -293.50 | -180.00 | -52.00 | - | +93.38 | +288.75 | +505.60 |
| Level | Major | Major | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20,306.00 | 20,656.50 | 21,111.50 | 21,462.00 | 21,917.00 | 22,267.50 | 22,722.50 |
| Camarilla | 21,344.99 | 21,418.83 | 21,492.66 | 21,566.50 | 21,640.34 | 21,714.18 | 21,788.01 |
| Woodie | 20,358.25 | 20,682.63 | 21,163.75 | 21,488.13 | 21,969.25 | 22,293.63 | 22,774.75 |
| Fibonacci | 20,656.50 | 20,964.20 | 21,154.30 | 21,462.00 | 21,769.70 | 21,959.80 | 22,267.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,456.00 | 20,231.50 | 20,899.00 | 21,674.50 | 22,342.00 | 23,117.50 | 23,785.00 |
| Camarilla | 21,169.68 | 21,301.95 | 21,434.23 | 21,566.50 | 21,698.78 | 21,831.05 | 21,963.33 |
| Woodie | 19,402.00 | 20,204.50 | 20,845.00 | 21,647.50 | 22,288.00 | 23,090.50 | 23,731.00 |
| Fibonacci | 20,231.50 | 20,782.73 | 21,123.27 | 21,674.50 | 22,225.73 | 22,566.27 | 23,117.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,184.08 | 19,742.17 | 20,511.33 | 21,069.42 | 21,838.58 | 22,396.67 | 23,165.83 |
| Camarilla | 20,915.51 | 21,037.17 | 21,158.84 | 21,280.50 | 21,402.17 | 21,523.83 | 21,645.49 |
| Woodie | 19,289.63 | 19,794.94 | 20,616.88 | 21,122.19 | 21,944.13 | 22,449.44 | 23,271.38 |
| Fibonacci | 19,742.17 | 20,249.18 | 20,562.41 | 21,069.42 | 21,576.43 | 21,889.66 | 22,396.67 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 24.91 | |
| MACD (12,26,9): | -20.9300 | |
| Directional Movement: | -24.50 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 21,638.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 21,646.71 | |
| Elder Ray (13): | -48.78 | |
| Super Trend (3,10): | 21,680.42 | |
| Zig ZAG (10): | 21,583.25 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 5.79 | |
| TEMA (21): | 21,598.17 | |
| Williams %R (14): | -85.25 | |
| Chande Momentum Oscillator (20): | -94.50 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.81 |
| MA7: | 21,835.54 | |
| MA20: | 21,688.16 | |
| MA50: | 21,230.72 | |
| MA100: | 20,622.69 | |
| MAexp7: | 21,618.32 | |
| MAexp20: | 21,659.86 | |
| MAexp50: | 21,652.87 | |
| MAexp100: | 21,596.54 | |
| Price / MA7: | -1.07% | |
| Price / MA20: | -0.40% | |
| Price / MA50: | +1.75% | |
| Price / MA100: | +4.75% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | +0.03% |
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.
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