MICRO E-MINI S&P500 FULL0325 - 1H - Technical analysis published on 09/30/2022 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 3,688.00 USD
My targets
3,613.50 USD (-1.09%)
3,492.50 USD (-4.40%)
My analysis
MICRO E-MINI S&P500 FULL1222 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 3,688.00 USD. The next support located at 3,613.50 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 3,492.50 USD. Below this support, sellers could then target 3,323.00 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.
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
3.9
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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
The MICRO E-MINI S&P500 FULL1222 rating is 3,653.25 USD. The price registered a decrease of -0.03% on the session and was traded between 3,640.00 USD and 3,670.75 USD over the period. The price is currently at +0.36% from its lowest and -0.48% from its highest.3,640.00
3,670.75
3,653.25
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 FULL1222 indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2,870.12 | 3,323.00 | 3,613.50 | 3,653.25 | 3,658.88 | 3,688.00 | 3,731.67 |
| Change (%) | -21.44% | -9.04% | -1.09% | - | +0.15% | +0.95% | +2.15% |
| Change | -783.13 | -330.25 | -39.75 | - | +5.63 | +34.75 | +78.42 |
| Level | Major | Intermediate | Minor | - | Intermediate | Major | Intermediate |
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 | 3,491.58 | 3,556.92 | 3,605.58 | 3,670.92 | 3,719.58 | 3,784.92 | 3,833.58 |
| Camarilla | 3,622.90 | 3,633.35 | 3,643.80 | 3,654.25 | 3,664.70 | 3,675.15 | 3,685.60 |
| Woodie | 3,483.25 | 3,552.75 | 3,597.25 | 3,666.75 | 3,711.25 | 3,780.75 | 3,825.25 |
| Fibonacci | 3,556.92 | 3,600.47 | 3,627.37 | 3,670.92 | 3,714.47 | 3,741.37 | 3,784.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,324.75 | 3,492.50 | 3,600.75 | 3,768.50 | 3,876.75 | 4,044.50 | 4,152.75 |
| Camarilla | 3,633.10 | 3,658.40 | 3,683.70 | 3,709.00 | 3,734.30 | 3,759.60 | 3,784.90 |
| Woodie | 3,295.00 | 3,477.63 | 3,571.00 | 3,753.63 | 3,847.00 | 4,029.63 | 4,123.00 |
| Fibonacci | 3,492.50 | 3,597.93 | 3,663.07 | 3,768.50 | 3,873.93 | 3,939.07 | 4,044.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,398.00 | 3,659.00 | 3,822.25 | 4,083.25 | 4,246.50 | 4,507.50 | 4,670.75 |
| Camarilla | 3,868.83 | 3,907.72 | 3,946.61 | 3,985.50 | 4,024.39 | 4,063.28 | 4,102.17 |
| Woodie | 3,349.13 | 3,634.56 | 3,773.38 | 4,058.81 | 4,197.63 | 4,483.06 | 4,621.88 |
| Fibonacci | 3,659.00 | 3,821.06 | 3,921.19 | 4,083.25 | 4,245.31 | 4,345.44 | 4,507.50 |
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): | 45.67 | |
| MACD (12,26,9): | -9.9700 | |
| Directional Movement: | -8.96 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 3,650.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,633.50 | |
| Elder Ray (13): | -4.87 | |
| Super Trend (3,10): | 3,697.92 | |
| Zig ZAG (10): | 3,657.75 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 49.73 | |
| TEMA (21): | 3,644.14 | |
| Williams %R (14): | -33.83 | |
| Chande Momentum Oscillator (20): | 7.25 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 0.85 |
| MA7: | 3,693.86 | |
| MA20: | 3,864.51 | |
| MA50: | 4,029.99 | |
| MA100: | 3,981.70 | |
| MAexp7: | 3,654.72 | |
| MAexp20: | 3,663.33 | |
| MAexp50: | 3,676.04 | |
| MAexp100: | 3,696.18 | |
| Price / MA7: | -1.10% | |
| Price / MA20: | -5.47% | |
| Price / MA50: | -9.35% | |
| Price / MA100: | -8.25% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.28% | |
| Price / MAexp50: | -0.62% | |
| Price / MAexp100: | -1.16% |
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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