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S&P500 - MINI S&P500 FULL0325
S&P500 - MINI S&P500 FULL0325
- 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 FULL0325 - 15 min. - Technical analysis published on 12/06/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 6,092.50 USD
My targets
6,118.25 USD (+0.16%)
6,129.25 USD (+0.34%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on S&P500 - MINI S&P500 FULL1224. This is a positive signal for buyers. As long as the price remains above 6,092.50 USD, a purchase could be considered. The first bullish objective is located at 6,118.25 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 6,129.25 USD as an objective. In the event of a return below 6,092.50 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. 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.

hsokkar
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 price is 6,108.50 USD. On the day, this instrument gained +0.32% and was between 6,076.00 USD and 6,110.50 USD. This implies that the price is at +0.53% from its lowest and at -0.03% from its highest.

6,076.00
6,110.50
6,108.50

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 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 S&P500 - MINI S&P500 FULL1224 in 15 min. shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes



In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 6,068.00 6,090.40 6,107.25 6,108.50
Change (%) -0.66% -0.30% -0.02% -
Change -40.50 -18.10 -1.25 -
Level Minor Minor Intermediate -



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6,052.006,066.756,077.756,092.506,103.506,118.256,129.25
Camarilla6,081.676,084.036,086.396,088.756,091.116,093.476,095.83
Woodie6,050.136,065.816,075.886,091.566,101.636,117.316,127.38
Fibonacci6,066.756,076.596,082.666,092.506,102.346,108.416,118.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,914.755,945.505,998.506,029.256,082.256,113.006,166.00
Camarilla6,028.476,036.156,043.826,051.506,059.186,066.856,074.53
Woodie5,925.885,951.066,009.636,034.816,093.386,118.566,177.13
Fibonacci5,945.505,977.495,997.266,029.256,061.246,081.016,113.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5,494.755,609.505,830.505,945.256,166.256,281.006,502.00
Camarilla5,959.175,989.956,020.726,051.506,082.286,113.056,143.83
Woodie5,547.885,636.065,883.635,971.816,219.386,307.566,555.13
Fibonacci5,609.505,737.765,816.995,945.256,073.516,152.746,281.00

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): 66.03
MACD (12,26,9): 2.5800
Directional Movement: 18.91
AROON (14): 0
DEMA (21): 6,090.22
Parabolic SAR (0,02-0,02-0,2): 6,100.26
Elder Ray (13): 6.58
Super Trend (3,10): 6,081.99
Zig ZAG (10): 6,095.25
VORTEX (21): 1.1000
Stochastique (14,3,5): 80.81
TEMA (21): 6,092.72
Williams %R (14): -27.27
Chande Momentum Oscillator (20): 13.75
Repulse (5,40,3): 0.0300
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.34
MA7: 6,071.39
MA20: 6,012.21
MA50: 5,912.01
MA100: 5,762.33
MAexp7: 6,093.05
MAexp20: 6,087.90
MAexp50: 6,086.60
MAexp100: 6,087.26
Price / MA7: +0.61%
Price / MA20: +1.60%
Price / MA50: +3.32%
Price / MA100: +6.01%
Price / MAexp7: +0.25%
Price / MAexp20: +0.34%
Price / MAexp50: +0.36%
Price / MAexp100: +0.35%

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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