S&P500 - MINI S&P500 FULL0325 - 15 min. - Technical analysis published on 11/15/2024 (GMT)
- 80
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
61%
33%
My opinion
Bearish under 5,989.25 USD
My targets
5,928.25 USD (-0.16%)
5,892.25 USD (-0.76%)
My analysis
S&P500 - MINI S&P500 FULL1224 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 5,989.25 USD. The next support located at 5,928.25 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 5,892.25 USD. Below this support, sellers could then target 5,778.00 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
S&P500 - MINI S&P500 FULL1224 rating 5,937.50 USD. The price registered a decrease of -0.68% on the session and was traded between 5,929.25 USD and 5,974.25 USD over the period. The price is currently at +0.14% from its lowest and -0.62% from its highest.5,929.25
5,974.25
5,937.50
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 S&P500 - MINI S&P500 FULL1224:
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 S&P500 - MINI S&P500 FULL1224 in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 5,724.25 | 5,778.00 | 5,908.00 | 5,937.50 | 5,953.12 | 6,035.37 |
| Change (%) | -3.59% | -2.69% | -0.50% | - | +0.26% | +1.65% |
| Change | -213.25 | -159.50 | -29.50 | - | +15.62 | +97.87 |
| Level | Minor | Major | Intermediate | - | Major | 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 | 5,892.25 | 5,928.25 | 5,953.25 | 5,989.25 | 6,014.25 | 6,050.25 | 6,075.25 |
| Camarilla | 5,961.48 | 5,967.07 | 5,972.66 | 5,978.25 | 5,983.84 | 5,989.43 | 5,995.03 |
| Woodie | 5,886.75 | 5,925.50 | 5,947.75 | 5,986.50 | 6,008.75 | 6,047.50 | 6,069.75 |
| Fibonacci | 5,928.25 | 5,951.55 | 5,965.95 | 5,989.25 | 6,012.55 | 6,026.95 | 6,050.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,503.25 | 5,613.75 | 5,819.50 | 5,930.00 | 6,135.75 | 6,246.25 | 6,452.00 |
| Camarilla | 5,938.28 | 5,967.27 | 5,996.26 | 6,025.25 | 6,054.24 | 6,083.23 | 6,112.22 |
| Woodie | 5,550.88 | 5,637.56 | 5,867.13 | 5,953.81 | 6,183.38 | 6,270.06 | 6,499.63 |
| Fibonacci | 5,613.75 | 5,734.56 | 5,809.19 | 5,930.00 | 6,050.81 | 6,125.44 | 6,246.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,475.83 | 5,599.92 | 5,679.08 | 5,803.17 | 5,882.33 | 6,006.42 | 6,085.58 |
| Camarilla | 5,702.36 | 5,720.99 | 5,739.62 | 5,758.25 | 5,776.88 | 5,795.51 | 5,814.14 |
| Woodie | 5,453.38 | 5,588.69 | 5,656.63 | 5,791.94 | 5,859.88 | 5,995.19 | 6,063.13 |
| Fibonacci | 5,599.92 | 5,677.56 | 5,725.53 | 5,803.17 | 5,880.81 | 5,928.78 | 6,006.42 |
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): | 36.84 | |
| MACD (12,26,9): | -1.3800 | |
| Directional Movement: | -15.74 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 5,942.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 5,953.00 | |
| Elder Ray (13): | -5.11 | |
| Super Trend (3,10): | 5,953.46 | |
| Zig ZAG (10): | 5,938.00 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 24.09 | |
| TEMA (21): | 5,944.95 | |
| Williams %R (14): | -71.23 | |
| Chande Momentum Oscillator (20): | -9.00 | |
| Repulse (5,40,3): | -0.1400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.02 |
| MA7: | 6,001.36 | |
| MA20: | 5,896.07 | |
| MA50: | 5,819.50 | |
| MA100: | 5,712.14 | |
| MAexp7: | 5,940.28 | |
| MAexp20: | 5,944.74 | |
| MAexp50: | 5,951.10 | |
| MAexp100: | 5,964.60 | |
| Price / MA7: | -1.06% | |
| Price / MA20: | +0.70% | |
| Price / MA50: | +2.03% | |
| Price / MA100: | +3.95% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.23% | |
| Price / MAexp100: | -0.45% |
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 S&P500 - MINI S&P500 FULL0325 - 15 min.