MICRO E-MINI S&P500 FULL0325 - 1H - Technical analysis published on 10/03/2022 (GMT)
- 156
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 3,624.75 USD
My targets
3,493.67 USD (-3.20%)
3,391.83 USD (-6.02%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on MICRO E-MINI S&P500 FULL1222 as long as the price remains well below 3,624.75 USD. The sellers' bearish objective is set at 3,493.67 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3,391.83 USD. In case of crossing, the next objective would be the support located at 3,323.00 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
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 3,609.00 USD. On the day, this instrument gained +0.21% with the lowest point at 3,571.00 USD and the highest point at 3,613.75 USD. The deviation from the price is +1.06% for the low point and -0.13% for the high point.3,571.00
3,613.75
3,609.00
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MICRO E-MINI S&P500 FULL1222:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MICRO E-MINI S&P500 FULL1222 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 6 are bullish, 4 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
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 | 2,155.50 | 2,870.12 | 3,323.00 | 3,609.00 | 3,624.75 | 3,688.00 | 3,731.67 |
| Change (%) | -40.27% | -20.47% | -7.92% | - | +0.44% | +2.19% | +3.40% |
| Change | -1,453.50 | -738.88 | -286.00 | - | +15.75 | +79.00 | +122.67 |
| Level | Major | Major | Intermediate | - | 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 | 3,468.83 | 3,532.17 | 3,566.83 | 3,630.17 | 3,664.83 | 3,728.17 | 3,762.83 |
| Camarilla | 3,574.55 | 3,583.53 | 3,592.52 | 3,601.50 | 3,610.48 | 3,619.47 | 3,628.45 |
| Woodie | 3,454.50 | 3,525.00 | 3,552.50 | 3,623.00 | 3,650.50 | 3,721.00 | 3,748.50 |
| Fibonacci | 3,532.17 | 3,569.60 | 3,592.73 | 3,630.17 | 3,667.60 | 3,690.73 | 3,728.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3,391.83 | 3,493.67 | 3,547.58 | 3,649.42 | 3,703.33 | 3,805.17 | 3,859.08 |
| Camarilla | 3,558.67 | 3,572.95 | 3,587.22 | 3,601.50 | 3,615.78 | 3,630.05 | 3,644.33 |
| Woodie | 3,367.88 | 3,481.69 | 3,523.63 | 3,637.44 | 3,679.38 | 3,793.19 | 3,835.13 |
| Fibonacci | 3,493.67 | 3,553.16 | 3,589.92 | 3,649.42 | 3,708.91 | 3,745.67 | 3,805.17 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2,822.17 | 3,208.83 | 3,405.17 | 3,791.83 | 3,988.17 | 4,374.83 | 4,571.17 |
| Camarilla | 3,441.18 | 3,494.62 | 3,548.06 | 3,601.50 | 3,654.94 | 3,708.38 | 3,761.83 |
| Woodie | 2,727.00 | 3,161.25 | 3,310.00 | 3,744.25 | 3,893.00 | 4,327.25 | 4,476.00 |
| Fibonacci | 3,208.83 | 3,431.54 | 3,569.13 | 3,791.83 | 4,014.54 | 4,152.13 | 4,374.83 |
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): | 37.36 | |
| MACD (12,26,9): | -19.8700 | |
| Directional Movement: | -12.56 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 3,592.84 | |
| Parabolic SAR (0,02-0,02-0,2): | 3,605.00 | |
| Elder Ray (13): | -13.67 | |
| Super Trend (3,10): | 3,648.30 | |
| Zig ZAG (10): | 3,592.75 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 21.78 | |
| TEMA (21): | 3,583.81 | |
| Williams %R (14): | -81.68 | |
| Chande Momentum Oscillator (20): | -60.00 | |
| Repulse (5,40,3): | -0.1900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 3.66 |
| MA7: | 3,660.07 | |
| MA20: | 3,843.62 | |
| MA50: | 4,020.95 | |
| MA100: | 3,976.82 | |
| MAexp7: | 3,597.64 | |
| MAexp20: | 3,617.74 | |
| MAexp50: | 3,644.62 | |
| MAexp100: | 3,671.19 | |
| Price / MA7: | -1.40% | |
| Price / MA20: | -6.10% | |
| Price / MA50: | -10.25% | |
| Price / MA100: | -9.25% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.98% | |
| Price / MAexp100: | -1.69% |
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis MICRO E-MINI S&P500 FULL0325 - 1H