MICRO E-MINI NASDAQ100 FULL0925 - 1H - Technical analysis published on 12/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
61%
33%
My opinion
Bearish under 21,308.50 USD
My targets
21,007.00 USD (-1.13%)
20,288.12 USD (-4.52%)
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 FULL0325 as long as the price remains well below 21,308.50 USD. The sellers' bearish objective is set at 21,007.00 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 20,288.12 USD. In case of crossing, the next objective would be the support located at 19,373.75 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
7.9
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This analysis was given by eliro. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICRO E-MINI NASDAQ100 FULL0325 rating is 21,248.00 USD. The price is lower by -0.79% since the last closing and was between 21,181.75 USD and 21,524.75 USD. This implies that the price is at +0.31% from its lowest and at -1.29% from its highest.21,181.75
21,524.75
21,248.00
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MICRO E-MINI NASDAQ100 FULL0325 chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19,373.75 | 20,288.12 | 21,007.00 | 21,248.00 | 21,308.50 | 21,422.00 | 21,812.50 |
| Change (%) | -8.82% | -4.52% | -1.13% | - | +0.28% | +0.82% | +2.66% |
| Change | -1,874.25 | -959.88 | -241.00 | - | +60.50 | +174.00 | +564.50 |
| Level | Minor | Minor | Minor | - | Intermediate | Major | 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 | 20,708.75 | 20,980.75 | 21,198.50 | 21,470.50 | 21,688.25 | 21,960.25 | 22,178.00 |
| Camarilla | 21,281.57 | 21,326.46 | 21,371.36 | 21,416.25 | 21,461.14 | 21,506.04 | 21,550.93 |
| Woodie | 20,681.63 | 20,967.19 | 21,171.38 | 21,456.94 | 21,661.13 | 21,946.69 | 22,150.88 |
| Fibonacci | 20,980.75 | 21,167.84 | 21,283.42 | 21,470.50 | 21,657.59 | 21,773.17 | 21,960.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20,777.67 | 21,126.83 | 21,412.67 | 21,761.83 | 22,047.67 | 22,396.83 | 22,682.67 |
| Camarilla | 21,523.88 | 21,582.08 | 21,640.29 | 21,698.50 | 21,756.71 | 21,814.92 | 21,873.13 |
| Woodie | 20,746.00 | 21,111.00 | 21,381.00 | 21,746.00 | 22,016.00 | 22,381.00 | 22,651.00 |
| Fibonacci | 21,126.83 | 21,369.40 | 21,519.26 | 21,761.83 | 22,004.40 | 22,154.26 | 22,396.83 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 31.34 | |
| MACD (12,26,9): | -69.9400 | |
| Directional Movement: | -14.32 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 21,276.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 21,442.03 | |
| Elder Ray (13): | -104.34 | |
| Super Trend (3,10): | 21,488.34 | |
| Zig ZAG (10): | 21,230.00 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 16.86 | |
| TEMA (21): | 21,265.27 | |
| Williams %R (14): | -84.48 | |
| Chande Momentum Oscillator (20): | -253.75 | |
| Repulse (5,40,3): | -0.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 1.21 |
| MA7: | 21,740.04 | |
| MA20: | 21,822.15 | |
| MA50: | 21,356.15 | |
| MA100: | 20,787.04 | |
| MAexp7: | 21,281.17 | |
| MAexp20: | 21,364.34 | |
| MAexp50: | 21,486.97 | |
| MAexp100: | 21,609.32 | |
| Price / MA7: | -2.26% | |
| Price / MA20: | -2.63% | |
| Price / MA50: | -0.51% | |
| Price / MA100: | +2.22% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.54% | |
| Price / MAexp50: | -1.11% | |
| Price / MAexp100: | -1.67% |
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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