MICRO E-MINI S&P500 FULL0325 - 1H - Technical analysis published on 06/17/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 3,723.25 USD
My targets
3,641.75 USD (-1.68%)
3,535.83 USD (-4.54%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on MICRO E-MINI S&P500 FULL0922. As long as you are under the resistance located at 3,723.25 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3,641.75 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3,535.83 USD as an objective. Crossing it would then enable sellers to target 3,306.25 USD. If the resistance 3,723.25 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.9
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This analysis was given by sven-pro-trader. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICRO E-MINI S&P500 FULL0922 rating 3,704.00 USD. The price registered an increase of +0.89% on the session and was traded between 3,668.75 USD and 3,707.00 USD over the period. The price is currently at +0.96% from its lowest and -0.08% from its highest.3,668.75
3,707.00
3,704.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MICRO E-MINI S&P500 FULL0922:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of MICRO E-MINI S&P500 FULL0922 indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,853.38 | 3,306.25 | 3,641.75 | 3,704.00 | 3,723.25 | 3,843.00 | 3,898.50 |
| Change (%) | -22.96% | -10.74% | -1.68% | - | +0.52% | +3.75% | +5.25% |
| Change | -850.62 | -397.75 | -62.25 | - | +19.25 | +139.00 | +194.50 |
| Level | Major | Major | Intermediate | - | Minor | Minor | Minor |
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 | 3,406.08 | 3,523.92 | 3,597.58 | 3,715.42 | 3,789.08 | 3,906.92 | 3,980.58 |
| Camarilla | 3,618.59 | 3,636.14 | 3,653.70 | 3,671.25 | 3,688.80 | 3,706.36 | 3,723.91 |
| Woodie | 3,384.00 | 3,512.88 | 3,575.50 | 3,704.38 | 3,767.00 | 3,895.88 | 3,958.50 |
| Fibonacci | 3,523.92 | 3,597.07 | 3,642.26 | 3,715.42 | 3,788.57 | 3,833.76 | 3,906.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,535.83 | 3,716.17 | 3,808.33 | 3,988.67 | 4,080.83 | 4,261.17 | 4,353.33 |
| Camarilla | 3,825.56 | 3,850.54 | 3,875.52 | 3,900.50 | 3,925.48 | 3,950.46 | 3,975.44 |
| Woodie | 3,491.75 | 3,694.13 | 3,764.25 | 3,966.63 | 4,036.75 | 4,239.13 | 4,309.25 |
| Fibonacci | 3,716.17 | 3,820.26 | 3,884.57 | 3,988.67 | 4,092.76 | 4,157.07 | 4,261.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,341.92 | 3,575.08 | 3,837.42 | 4,070.58 | 4,332.92 | 4,566.08 | 4,828.42 |
| Camarilla | 3,963.49 | 4,008.91 | 4,054.33 | 4,099.75 | 4,145.17 | 4,190.59 | 4,236.01 |
| Woodie | 3,356.50 | 3,582.38 | 3,852.00 | 4,077.88 | 4,347.50 | 4,573.38 | 4,843.00 |
| Fibonacci | 3,575.08 | 3,764.36 | 3,881.30 | 4,070.58 | 4,259.86 | 4,376.80 | 4,566.08 |
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): | 48.96 | |
| MACD (12,26,9): | -13.8100 | |
| Directional Movement: | -1.69 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 3,677.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,650.86 | |
| Elder Ray (13): | 12.05 | |
| Super Trend (3,10): | 3,731.99 | |
| Zig ZAG (10): | 3,704.50 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 84.48 | |
| TEMA (21): | 3,679.84 | |
| Williams %R (14): | -2.68 | |
| Chande Momentum Oscillator (20): | 27.00 | |
| Repulse (5,40,3): | 0.4000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 0.02 |
| MA7: | 3,796.32 | |
| MA20: | 3,989.06 | |
| MA50: | 4,094.06 | |
| MA100: | 4,253.59 | |
| MAexp7: | 3,685.93 | |
| MAexp20: | 3,699.12 | |
| MAexp50: | 3,731.13 | |
| MAexp100: | 3,786.64 | |
| Price / MA7: | -2.43% | |
| Price / MA20: | -7.15% | |
| Price / MA50: | -9.53% | |
| Price / MA100: | -12.92% | |
| Price / MAexp7: | +0.49% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | -0.73% | |
| Price / MAexp100: | -2.18% |
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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