MICRO E-MINI S&P500 FULL0325 - Daily - Technical analysis published on 07/19/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Strongly bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 3,904.38 USD
My targets
3,789.50 USD (-1.40%)
3,671.25 USD (-4.48%)
My analysis
The basic trend is very bearish on MICRO E-MINI S&P500 FULL0922 but buyers need to catch their breath in the short term. In a case like this, you could favour trades in the direction of the trend on MICRO E-MINI S&P500 FULL0922. As long as you stay below the resistance 3,904.38 USD, sellers' retain the upper hand. A break in the support at 3,789.50 USD would be a signal that the basic trend will reverse. Sellers would then use the next support located at 3,671.25 USD as an objective. Crossing it would then enable sellers to target 3,306.25 USD. If the price were to depress the resistance 3,904.38 USD in the short term, this would be a sign of possible consolidation in the short term, but against the trend trading would then perhaps be more risky. On the other hand, we could expect signals of a reversal of the trend.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2.5
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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 rating is 3,843.25 USD. The price registered an increase of +0.25% on the session and was traded between 3,834.25 USD and 3,847.50 USD over the period. The price is currently at +0.23% from its lowest and -0.11% from its highest.3,834.25
3,847.50
3,843.25
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of MICRO E-MINI S&P500 FULL0922 in Daily shows a overall strongly bearish trend. 82.14% of the signals given by moving averages are bearish. Caution: this global trend is showing signs of running out of steam given the neutral signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 10 technical indicators on 18 studied are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
Bullish harami cross
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3,306.25 | 3,671.25 | 3,789.50 | 3,843.25 | 3,904.38 | 4,165.25 | 4,282.60 |
| Change (%) | -13.97% | -4.48% | -1.40% | - | +1.59% | +8.38% | +11.43% |
| Change | -537.00 | -172.00 | -53.75 | - | +61.13 | +322.00 | +439.35 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | 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 | 3,709.83 | 3,764.92 | 3,799.33 | 3,854.42 | 3,888.83 | 3,943.92 | 3,978.33 |
| Camarilla | 3,809.14 | 3,817.34 | 3,825.55 | 3,833.75 | 3,841.95 | 3,850.16 | 3,858.36 |
| Woodie | 3,699.50 | 3,759.75 | 3,789.00 | 3,849.25 | 3,878.50 | 3,938.75 | 3,968.00 |
| Fibonacci | 3,764.92 | 3,799.11 | 3,820.23 | 3,854.42 | 3,888.61 | 3,909.73 | 3,943.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,581.58 | 3,652.67 | 3,758.83 | 3,829.92 | 3,936.08 | 4,007.17 | 4,113.33 |
| Camarilla | 3,816.26 | 3,832.50 | 3,848.75 | 3,865.00 | 3,881.25 | 3,897.50 | 3,913.74 |
| Woodie | 3,599.13 | 3,661.44 | 3,776.38 | 3,838.69 | 3,953.63 | 4,015.94 | 4,130.88 |
| Fibonacci | 3,652.67 | 3,720.38 | 3,762.21 | 3,829.92 | 3,897.63 | 3,939.46 | 4,007.17 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.74 | |
| MACD (12,26,9): | -22.1100 | |
| Directional Movement: | -5.02 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 3,810.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,921.07 | |
| Elder Ray (13): | 1.85 | |
| Super Trend (3,10): | 4,010.21 | |
| Zig ZAG (10): | 3,841.75 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 59.20 | |
| TEMA (21): | 3,839.43 | |
| Williams %R (14): | -39.85 | |
| Chande Momentum Oscillator (20): | 15.75 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 0.83 |
| MA7: | 3,831.18 | |
| MA20: | 3,838.32 | |
| MA50: | 3,913.75 | |
| MA100: | 4,131.10 | |
| MAexp7: | 3,837.70 | |
| MAexp20: | 3,847.46 | |
| MAexp50: | 3,935.58 | |
| MAexp100: | 4,075.86 | |
| Price / MA7: | +0.32% | |
| Price / MA20: | +0.13% | |
| Price / MA50: | -1.80% | |
| Price / MA100: | -6.97% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -2.35% | |
| Price / MAexp100: | -5.71% |
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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