MICRO E-MINI S&P500 FULL0325
MICRO E-MINI S&P500 FULL0325
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: MESXXXX
ISIN: MESXXXX

MICRO E-MINI S&P500 FULL0325 - 15 min. - Technical analysis published on 12/31/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 5,970.83 USD
My targets
5,906.17 USD (-0.62%)
5,853.58 USD (-1.50%)
My analysis
MICRO E-MINI S&P500 FULL0325 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 5,970.83 USD. The next support located at 5,906.17 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 5,853.58 USD. Below this support, sellers could then target 5,788.92 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.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.9

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 eliro. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

MICRO E-MINI S&P500 FULL0325 rating 5,943.00 USD. The price registered a decrease of -0.26% on the session and was between 5,921.50 USD and 5,983.50 USD. This implies that the price is at +0.36% from its lowest and at -0.68% from its highest.

5,921.50
5,983.50
5,943.00

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MICRO E-MINI S&P500 FULL0325:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of MICRO E-MINI S&P500 FULL0325 indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 15 minutes


Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 15 minutes



In fact, 14 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 15 minutes


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 15 minutes


Three black crows

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5,546.38 5,848.75 5,918.25 5,943.00 5,978.05 6,005.10 6,050.75
Change (%) -6.67% -1.59% -0.42% - +0.59% +1.04% +1.81%
Change -396.62 -94.25 -24.75 - +35.05 +62.10 +107.75
Level Minor Major Intermediate - Minor Minor Minor



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
Standard5,788.925,853.585,906.175,970.836,023.426,088.086,140.67
Camarilla5,926.515,937.255,948.005,958.755,969.505,980.255,990.99
Woodie5,782.885,850.565,900.135,967.816,017.386,085.066,134.63
Fibonacci5,853.585,898.375,926.045,970.836,015.626,043.296,088.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,816.335,890.675,958.836,033.176,101.336,175.676,243.83
Camarilla5,987.816,000.886,013.946,027.006,040.066,053.136,066.19
Woodie5,813.255,889.135,955.756,031.636,098.256,174.136,240.75
Fibonacci5,890.675,945.105,978.736,033.176,087.606,121.236,175.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,565.035,679.775,900.736,015.476,236.436,351.176,572.13
Camarilla6,029.386,060.166,090.936,121.706,152.476,183.256,214.02
Woodie5,618.155,706.335,953.856,042.036,289.556,377.736,625.25
Fibonacci5,679.775,808.005,887.236,015.476,143.706,222.936,351.17

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): 30.16
MACD (12,26,9): -7.5900
Directional Movement: -19.66
AROON (14): -78.57
DEMA (21): 5,948.85
Parabolic SAR (0,02-0,02-0,2): 5,966.38
Elder Ray (13): -13.14
Super Trend (3,10): 5,973.55
Zig ZAG (10): 5,933.50
VORTEX (21): 0.8000
Stochastique (14,3,5): 7.72
TEMA (21): 5,940.55
Williams %R (14): -98.42
Chande Momentum Oscillator (20): -39.75
Repulse (5,40,3): -0.3800
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 0.98
MA7: 6,035.25
MA20: 6,078.85
MA50: 6,035.96
MA100: 5,918.51
MAexp7: 5,941.55
MAexp20: 5,957.54
MAexp50: 5,962.62
MAexp100: 5,969.24
Price / MA7: -1.53%
Price / MA20: -2.23%
Price / MA50: -1.54%
Price / MA100: +0.41%
Price / MAexp7: +0.02%
Price / MAexp20: -0.25%
Price / MAexp50: -0.33%
Price / MAexp100: -0.44%

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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