S&P500 - MINI S&P500 FULL0325 - Weekly - Technical analysis published on 12/22/2024 (GMT)
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- Timeframe : Weekly
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- Status : IN PROGRESS...
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above
My targets
()
()
My analysis
S&P500 - MINI S&P500 FULL0325 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 . The next resistance located at is the next bullish objective 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 . With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
7.1
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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 FULL0325 rating 6,001.75 USD. Over 5 days, this instrument lost -0.89% and has been traded over the last 5 days between 5,866.00 USD and 6,152.75 USD. This implies that the 5 day price is +2.31% from its lowest point and -2.45% from its highest point.5,866.00
6,152.75
6,001.75
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by S&P500 - MINI S&P500 FULL0325:
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
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of S&P500 - MINI S&P500 FULL0325 indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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 slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Weekly
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
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 4,450.25 | 5,269.25 | 5,848.25 | 6,001.75 |
| Change (%) | -25.85% | -12.20% | -2.56% | - |
| Change | -1,551.50 | -732.50 | -153.50 | - |
| Level | Major | Major | Major | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,834.42 | 5,882.83 | 5,908.42 | 5,956.83 | 5,982.42 | 6,030.83 | 6,056.42 |
| Camarilla | 5,913.65 | 5,920.43 | 5,927.22 | 5,934.00 | 5,940.78 | 5,947.57 | 5,954.35 |
| Woodie | 5,823.00 | 5,877.13 | 5,897.00 | 5,951.13 | 5,971.00 | 6,025.13 | 6,045.00 |
| Fibonacci | 5,882.83 | 5,911.10 | 5,928.57 | 5,956.83 | 5,985.10 | 6,002.57 | 6,030.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6,032.50 | 6,071.25 | 6,098.50 | 6,137.25 | 6,164.50 | 6,203.25 | 6,230.50 |
| Camarilla | 6,107.60 | 6,113.65 | 6,119.70 | 6,125.75 | 6,131.80 | 6,137.85 | 6,143.90 |
| Woodie | 6,026.75 | 6,068.38 | 6,092.75 | 6,134.38 | 6,158.75 | 6,200.38 | 6,224.75 |
| Fibonacci | 6,071.25 | 6,096.46 | 6,112.04 | 6,137.25 | 6,162.46 | 6,178.04 | 6,203.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5,565.00 | 5,679.75 | 5,900.75 | 6,015.50 | 6,236.50 | 6,351.25 | 6,572.25 |
| Camarilla | 6,029.42 | 6,060.20 | 6,090.97 | 6,121.75 | 6,152.53 | 6,183.30 | 6,214.08 |
| Woodie | 5,618.13 | 5,706.31 | 5,953.88 | 6,042.06 | 6,289.63 | 6,377.81 | 6,625.38 |
| Fibonacci | 5,679.75 | 5,808.01 | 5,887.24 | 6,015.50 | 6,143.76 | 6,222.99 | 6,351.25 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.88 | |
| MACD (12,26,9): | 145.8200 | |
| Directional Movement: | -3.21 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 6,108.08 | |
| Parabolic SAR (0,02-0,02-0,2): | 6,181.20 | |
| Elder Ray (13): | 28.68 | |
| Super Trend (3,10): | 5,732.16 | |
| Zig ZAG (10): | 5,996.50 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 82.58 | |
| TEMA (21): | 6,119.05 | |
| Williams %R (14): | -41.84 | |
| Chande Momentum Oscillator (20): | 135.00 | |
| Repulse (5,40,3): | -1.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3600 | |
| Courbe Coppock: | 11.71 |
| MA7: | 6,058.39 | |
| MA20: | 6,103.95 | |
| MA50: | 6,025.45 | |
| MA100: | 5,877.56 | |
| MAexp7: | 6,047.80 | |
| MAexp20: | 5,912.29 | |
| MAexp50: | 5,630.45 | |
| MAexp100: | 5,302.18 | |
| Price / MA7: | -0.93% | |
| Price / MA20: | -1.67% | |
| Price / MA50: | -0.39% | |
| Price / MA100: | +2.11% | |
| Price / MAexp7: | -0.76% | |
| Price / MAexp20: | +1.51% | |
| Price / MAexp50: | +6.59% | |
| Price / MAexp100: | +13.19% |
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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