MICRO E-MINI NASDAQ100 FULL0325 - 15 min. - Technical analysis published on 12/27/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 21,756.00 USD
My targets
21,422.00 USD (-0.55%)
21,308.50 USD (-1.07%)
My analysis
MICRO E-MINI NASDAQ100 FULL0325 is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 21,756.00 USD. The next support located at 21,422.00 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 21,308.50 USD. Below this support, sellers could then target 21,007.00 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
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
8.2
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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 21,540.00 USD. The price registered a decrease of -2.13% on the session with the lowest point at 21,505.00 USD and the highest point at 22,008.75 USD. The deviation from the price is +0.16% for the low point and -2.13% for the high point.21,505.00
22,008.75
21,540.00
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MICRO E-MINI NASDAQ100 FULL0325 in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 21,007.00 | 21,308.50 | 21,422.00 | 21,540.00 | 21,698.00 | 21,870.50 | 22,076.12 |
| Change (%) | -2.47% | -1.07% | -0.55% | - | +0.73% | +1.53% | +2.49% |
| Change | -533.00 | -231.50 | -118.00 | - | +158.00 | +330.50 | +536.12 |
| Level | Intermediate | Intermediate | Major | - | Minor | Intermediate | Intermediate |
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 | 21,641.50 | 21,756.00 | 21,882.00 | 21,996.50 | 22,122.50 | 22,237.00 | 22,363.00 |
| Camarilla | 21,941.86 | 21,963.91 | 21,985.95 | 22,008.00 | 22,030.05 | 22,052.09 | 22,074.14 |
| Woodie | 21,647.25 | 21,758.88 | 21,887.75 | 21,999.38 | 22,128.25 | 22,239.88 | 22,368.75 |
| Fibonacci | 21,756.00 | 21,847.87 | 21,904.63 | 21,996.50 | 22,088.37 | 22,145.13 | 22,237.00 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 9.67 | |
| MACD (12,26,9): | -74.8800 | |
| Directional Movement: | -53.43 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 21,737.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 21,818.00 | |
| Elder Ray (13): | -215.75 | |
| Super Trend (3,10): | 21,711.24 | |
| Zig ZAG (10): | 21,559.25 | |
| VORTEX (21): | 0.5600 | |
| Stochastique (14,3,5): | 8.10 | |
| TEMA (21): | 21,628.89 | |
| Williams %R (14): | -93.46 | |
| Chande Momentum Oscillator (20): | -396.25 | |
| Repulse (5,40,3): | -0.7100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 2.38 |
| MA7: | 21,681.21 | |
| MA20: | 21,798.14 | |
| MA50: | 21,307.47 | |
| MA100: | 20,717.90 | |
| MAexp7: | 21,659.15 | |
| MAexp20: | 21,817.83 | |
| MAexp50: | 21,886.89 | |
| MAexp100: | 21,920.03 | |
| Price / MA7: | -0.65% | |
| Price / MA20: | -1.18% | |
| Price / MA50: | +1.09% | |
| Price / MA100: | +3.97% | |
| Price / MAexp7: | -0.55% | |
| Price / MAexp20: | -1.27% | |
| Price / MAexp50: | -1.58% | |
| Price / MAexp100: | -1.73% |
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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