MICRO E-MINI S&P500 FULL0325 - 1H - Technical analysis published on 07/04/2022 (GMT)
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- Timeframe : 1H
- - 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:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 3,782.96 USD
My targets
3,899.81 USD (+2.19%)
3,922.75 USD (+2.79%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on MICRO E-MINI S&P500 FULL0922. This is a positive signal for buyers. As long as the price remains above 3,782.96 USD, a purchase could be considered. The first bullish objective is located at 3,899.81 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3,922.75 USD as an objective. Crossing it would then enable buyers to target 3,949.38 USD. In the event of a return below 3,782.96 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5
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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
The MICRO E-MINI S&P500 FULL0922 price is 3,816.25 USD. The price registered a decrease of -0.29% on the session with the lowest point at 3,793.00 USD and the highest point at 3,828.75 USD. The deviation from the price is +0.61% for the low point and -0.33% for the high point.3,793.00
3,828.75
3,816.25
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of MICRO E-MINI S&P500 FULL0922 indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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 this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,693.25 | 3,742.75 | 3,782.96 | 3,816.25 | 3,822.75 | 3,899.81 | 3,922.75 |
| Change (%) | -3.22% | -1.93% | -0.87% | - | +0.17% | +2.19% | +2.79% |
| Change | -123.00 | -73.50 | -33.29 | - | +6.50 | +83.56 | +106.50 |
| Level | Minor | Major | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,681.33 | 3,712.92 | 3,770.08 | 3,801.67 | 3,858.83 | 3,890.42 | 3,947.58 |
| Camarilla | 3,802.84 | 3,810.98 | 3,819.12 | 3,827.25 | 3,835.39 | 3,843.52 | 3,851.66 |
| Woodie | 3,694.13 | 3,719.31 | 3,782.88 | 3,808.06 | 3,871.63 | 3,896.81 | 3,960.38 |
| Fibonacci | 3,712.92 | 3,746.82 | 3,767.76 | 3,801.67 | 3,835.57 | 3,856.51 | 3,890.42 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,518.83 | 3,629.92 | 3,728.58 | 3,839.67 | 3,938.33 | 4,049.42 | 4,148.08 |
| Camarilla | 3,769.57 | 3,788.80 | 3,808.02 | 3,827.25 | 3,846.48 | 3,865.70 | 3,884.93 |
| Woodie | 3,512.63 | 3,626.81 | 3,722.38 | 3,836.56 | 3,932.13 | 4,046.31 | 4,141.88 |
| Fibonacci | 3,629.92 | 3,710.04 | 3,759.54 | 3,839.67 | 3,919.79 | 3,969.29 | 4,049.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,030.17 | 3,334.58 | 3,580.92 | 3,885.33 | 4,131.67 | 4,436.08 | 4,682.42 |
| Camarilla | 3,675.79 | 3,726.28 | 3,776.77 | 3,827.25 | 3,877.74 | 3,928.22 | 3,978.71 |
| Woodie | 3,001.13 | 3,320.06 | 3,551.88 | 3,870.81 | 4,102.63 | 4,421.56 | 4,653.38 |
| Fibonacci | 3,334.58 | 3,544.97 | 3,674.95 | 3,885.33 | 4,095.72 | 4,225.70 | 4,436.08 |
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): | 57.86 | |
| MACD (12,26,9): | 6.3900 | |
| Directional Movement: | 6.54 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 3,812.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,825.89 | |
| Elder Ray (13): | 8.54 | |
| Super Trend (3,10): | 3,774.08 | |
| Zig ZAG (10): | 3,816.25 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 61.69 | |
| TEMA (21): | 3,817.61 | |
| Williams %R (14): | -31.47 | |
| Chande Momentum Oscillator (20): | 5.50 | |
| Repulse (5,40,3): | 0.2900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 0.15 |
| MA7: | 3,842.79 | |
| MA20: | 3,838.75 | |
| MA50: | 3,980.33 | |
| MA100: | 4,186.01 | |
| MAexp7: | 3,812.53 | |
| MAexp20: | 3,804.51 | |
| MAexp50: | 3,801.03 | |
| MAexp100: | 3,807.94 | |
| Price / MA7: | -0.69% | |
| Price / MA20: | -0.59% | |
| Price / MA50: | -4.12% | |
| Price / MA100: | -8.83% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +0.40% | |
| Price / MAexp100: | +0.22% |
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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