MICRO E-MINI NASDAQ100 ONLY1224 - 15 min. - Technical analysis published on 12/05/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 21,464.00 USD
My targets
21,622.50 USD (+0.57%)
21,708.50 USD (+0.97%)
My analysis
The basic trend is bullish on MICRO E-MINI NASDAQ100 ONLY1224 and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 21,464.00 USD. Sellers would then use the next support located at 21,378.00 USD as an objective. Crossing it would then enable sellers to target 21,219.50 USD. If there is a return to above the resistance located at 21,622.50 USD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 21,708.50 USD and 21,867.00 USD by extension.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
1.4
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Additional analysis
Quotes
MICRO E-MINI NASDAQ100 ONLY1224 rating 21,501.00 USD. On the day, this instrument lost -0.17% with the lowest point at 21,495.00 USD and the highest point at 21,523.75 USD. The deviation from the price is +0.03% for the low point and -0.11% for the high point.21,495.00
21,523.75
21,501.00
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 NASDAQ100 ONLY1224:
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 (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 15 min. of this MICRO E-MINI NASDAQ100 ONLY1224 chart shows a bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 4 are bullish, 10 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 20,817.31 | 21,020.75 | 21,260.10 | 21,501.00 | 21,550.00 |
| Change (%) | -3.18% | -2.23% | -1.12% | - | +0.23% |
| Change | -683.69 | -480.25 | -240.90 | - | +49.00 |
| Level | Major | Intermediate | Minor | - | 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 | 21,133.50 | 21,219.50 | 21,378.00 | 21,464.00 | 21,622.50 | 21,708.50 | 21,867.00 |
| Camarilla | 21,469.26 | 21,491.68 | 21,514.09 | 21,536.50 | 21,558.91 | 21,581.33 | 21,603.74 |
| Woodie | 21,169.75 | 21,237.63 | 21,414.25 | 21,482.13 | 21,658.75 | 21,726.63 | 21,903.25 |
| Fibonacci | 21,219.50 | 21,312.90 | 21,370.60 | 21,464.00 | 21,557.40 | 21,615.10 | 21,708.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20,345.67 | 20,510.33 | 20,751.92 | 20,916.58 | 21,158.17 | 21,322.83 | 21,564.42 |
| Camarilla | 20,881.78 | 20,919.02 | 20,956.26 | 20,993.50 | 21,030.74 | 21,067.98 | 21,105.22 |
| Woodie | 20,384.13 | 20,529.56 | 20,790.38 | 20,935.81 | 21,196.63 | 21,342.06 | 21,602.88 |
| Fibonacci | 20,510.33 | 20,665.52 | 20,761.40 | 20,916.58 | 21,071.77 | 21,167.65 | 21,322.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,897.08 | 19,455.17 | 20,224.33 | 20,782.42 | 21,551.58 | 22,109.67 | 22,878.83 |
| Camarilla | 20,628.51 | 20,750.17 | 20,871.84 | 20,993.50 | 21,115.17 | 21,236.83 | 21,358.49 |
| Woodie | 19,002.63 | 19,507.94 | 20,329.88 | 20,835.19 | 21,657.13 | 22,162.44 | 22,984.38 |
| Fibonacci | 19,455.17 | 19,962.18 | 20,275.41 | 20,782.42 | 21,289.43 | 21,602.66 | 22,109.67 |
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): | 49.30 | |
| MACD (12,26,9): | 1.4500 | |
| Directional Movement: | 1.53 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 21,513.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 21,501.24 | |
| Elder Ray (13): | -0.98 | |
| Super Trend (3,10): | 21,490.59 | |
| Zig ZAG (10): | 21,508.50 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 44.44 | |
| TEMA (21): | 21,508.63 | |
| Williams %R (14): | -63.64 | |
| Chande Momentum Oscillator (20): | -6.50 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.02 |
| MA7: | 21,177.43 | |
| MA20: | 21,012.41 | |
| MA50: | 20,626.79 | |
| MA100: | 20,076.73 | |
| MAexp7: | 21,511.00 | |
| MAexp20: | 21,510.53 | |
| MAexp50: | 21,496.72 | |
| MAexp100: | 21,454.39 | |
| Price / MA7: | +1.53% | |
| Price / MA20: | +2.33% | |
| Price / MA50: | +4.24% | |
| Price / MA100: | +7.09% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.22% |
Quotes :
-
10 min delayed data
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CME E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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