S&P500 - MINI S&P500 FULL0625
S&P500 - MINI S&P500 FULL0625
- USD (-)
- 10 min delayed data - CME E-mini Futures
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Futures
Ticker: ESXXXX
ISIN: ESXXXX

S&P500 - MINI S&P500 FULL0625 - 15 min. - Technical analysis published on 11/08/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 5,989.25 USD
My targets
6,027.50 USD (+0.23%)
6,051.25 USD (+0.63%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on S&P500 - MINI S&P500 FULL1224 as long as the price remains well above 5,989.25 USD. The buyers' bullish objective is set at 6,027.50 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6,051.25 USD. If there is any crossing, the next objective would be the resistance located at 6,089.50 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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
6.1

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:
1H Daily Weekly

Additional analysis

Quotes

The S&P500 - MINI S&P500 FULL1224 rating is 6,013.50 USD. The price has increased by +0.16% since the last closing and was traded between 5,990.25 USD and 6,014.00 USD over the period. The price is currently at +0.39% from its lowest and -0.01% from its highest.

5,990.25
6,014.00
6,013.50

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by S&P500 - MINI S&P500 FULL1224:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of S&P500 - MINI S&P500 FULL1224 indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 15 minutes



In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 15 minutes


MACD indicator is back over 0

Type : Bullish

Timeframe : 15 minutes



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
Price


S3S2S1Price
ProTrendLines 5,908.00 5,953.48 6,013.00 6,013.50
Change (%) -1.75% -1.00% -0.01% -
Change -105.50 -60.02 -0.50 -
Level Major Intermediate Intermediate -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,903.505,927.255,965.505,989.256,027.506,051.256,089.50
Camarilla5,986.705,992.385,998.076,003.756,009.436,015.126,020.80
Woodie5,910.755,930.885,972.755,992.886,034.756,054.886,096.75
Fibonacci5,927.255,950.935,965.575,989.256,012.936,027.576,051.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,535.675,634.085,696.175,794.585,856.675,955.086,017.17
Camarilla5,714.115,728.835,743.545,758.255,772.965,787.685,802.39
Woodie5,517.505,625.005,678.005,785.505,838.505,946.005,999.00
Fibonacci5,634.085,695.395,733.275,794.585,855.895,893.775,955.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,475.835,599.925,679.085,803.175,882.336,006.426,085.58
Camarilla5,702.365,720.995,739.625,758.255,776.885,795.515,814.14
Woodie5,453.385,588.695,656.635,791.945,859.885,995.196,063.13
Fibonacci5,599.925,677.565,725.535,803.175,880.815,928.786,006.42

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): 50.85
MACD (12,26,9): -0.7700
Directional Movement: -1.33
AROON (14): 64.29
DEMA (21): 5,999.70
Parabolic SAR (0,02-0,02-0,2): 5,995.29
Elder Ray (13): 1.11
Super Trend (3,10): 6,004.39
Zig ZAG (10): 6,003.00
VORTEX (21): 0.9400
Stochastique (14,3,5): 78.61
TEMA (21): 6,000.05
Williams %R (14): -1.54
Chande Momentum Oscillator (20): 12.50
Repulse (5,40,3): 0.1300
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.15
MA7: 5,860.75
MA20: 5,869.19
MA50: 5,779.17
MA100: 5,691.94
MAexp7: 6,003.08
MAexp20: 6,000.65
MAexp50: 6,001.03
MAexp100: 5,993.72
Price / MA7: +2.61%
Price / MA20: +2.46%
Price / MA50: +4.05%
Price / MA100: +5.65%
Price / MAexp7: +0.17%
Price / MAexp20: +0.21%
Price / MAexp50: +0.21%
Price / MAexp100: +0.33%

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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