S&P500 - MINI S&P500 FULL0924 - 15 min. - Technical analysis published on 07/22/2024 (GMT)
- 77
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 5,567.75 USD
My targets
5,633.25 USD (+0.60%)
5,659.00 USD (+1.06%)
My analysis
S&P500 - MINI S&P500 FULL0924 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5,567.75 USD. The next resistance located at 5,633.25 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 5,659.00 USD. After this resistance, buyers could then target 5,665.00 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
S&P500 - MINI S&P500 FULL0924 rating 5,599.75 USD. On the day, this instrument gained +0.83% and was between 5,553.50 USD and 5,607.75 USD. This implies that the price is at +0.83% from its lowest and at -0.14% from its highest.5,553.50
5,607.75
5,599.75
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
![Central Gaps Central Gaps](/medias/screeners/logo/CentralGaps.png)
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
![Central Records Central Records](/medias/screeners/logo/CentralRecords.png)
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 (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of S&P500 - MINI S&P500 FULL0924 indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
![Central Indicators Central Indicators](/medias/screeners/logo/CentralIndicators.png)
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 5,138.25 | 5,373.00 | 5,561.75 | 5,599.75 | 5,630.77 | 5,665.00 | 5,688.00 |
Change (%) | -8.24% | -4.05% | -0.68% | - | +0.55% | +1.17% | +1.58% |
Change | -461.50 | -226.75 | -38.00 | - | +31.02 | +65.25 | +88.25 |
Level | Major | Major | Intermediate | - | Minor | Minor | Major |
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 | 5,462.50 | 5,502.25 | 5,528.00 | 5,567.75 | 5,593.50 | 5,633.25 | 5,659.00 |
Camarilla | 5,535.74 | 5,541.74 | 5,547.75 | 5,553.75 | 5,559.75 | 5,565.76 | 5,571.76 |
Woodie | 5,455.50 | 5,498.75 | 5,521.00 | 5,564.25 | 5,586.50 | 5,629.75 | 5,652.00 |
Fibonacci | 5,502.25 | 5,527.27 | 5,542.73 | 5,567.75 | 5,592.77 | 5,608.23 | 5,633.25 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5,310.83 | 5,426.42 | 5,490.08 | 5,605.67 | 5,669.33 | 5,784.92 | 5,848.58 |
Camarilla | 5,504.46 | 5,520.89 | 5,537.32 | 5,553.75 | 5,570.18 | 5,586.61 | 5,603.04 |
Woodie | 5,284.88 | 5,413.44 | 5,464.13 | 5,592.69 | 5,643.38 | 5,771.94 | 5,822.63 |
Fibonacci | 5,426.42 | 5,494.89 | 5,537.19 | 5,605.67 | 5,674.14 | 5,716.44 | 5,784.92 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5,090.58 | 5,200.92 | 5,367.33 | 5,477.67 | 5,644.08 | 5,754.42 | 5,920.83 |
Camarilla | 5,457.64 | 5,483.01 | 5,508.38 | 5,533.75 | 5,559.12 | 5,584.49 | 5,609.86 |
Woodie | 5,118.63 | 5,214.94 | 5,395.38 | 5,491.69 | 5,672.13 | 5,768.44 | 5,948.88 |
Fibonacci | 5,200.92 | 5,306.64 | 5,371.95 | 5,477.67 | 5,583.39 | 5,648.70 | 5,754.42 |
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): | 57.02 | |
MACD (12,26,9): | 4.8300 | |
Directional Movement: | 7.87 | |
AROON (14): | -7.15 | |
DEMA (21): | 5,592.49 | |
Parabolic SAR (0,02-0,02-0,2): | 5,607.75 | |
Elder Ray (13): | -2.11 | |
Super Trend (3,10): | 5,578.53 | |
Zig ZAG (10): | 5,590.00 | |
VORTEX (21): | 1.0800 | |
Stochastique (14,3,5): | 44.21 | |
TEMA (21): | 5,594.94 | |
Williams %R (14): | -42.40 | |
Chande Momentum Oscillator (20): | 9.50 | |
Repulse (5,40,3): | 0.1000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0100 | |
Courbe Coppock: | 0.39 |
MA7: | 5,636.96 | |
MA20: | 5,604.60 | |
MA50: | 5,500.05 | |
MA100: | 5,377.96 | |
MAexp7: | 5,592.78 | |
MAexp20: | 5,585.57 | |
MAexp50: | 5,578.27 | |
MAexp100: | 5,578.48 | |
Price / MA7: | -0.66% | |
Price / MA20: | -0.09% | |
Price / MA50: | +1.81% | |
Price / MA100: | +4.12% | |
Price / MAexp7: | +0.13% | |
Price / MAexp20: | +0.26% | |
Price / MAexp50: | +0.39% | |
Price / MAexp100: | +0.39% |
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
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 S&P500 - MINI S&P500 FULL0924 - 15 min.