NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/01/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 17,655.00 USD
My targets
17,389.75 USD (-0.45%)
17,208.25 USD (-1.49%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 17,655.00 USD remains possible. It is advisable to trade NASDAQ100 - MINI NASDAQ100 FULL0624 with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 17,655.00 USD. The next bearish objective for sellers is set at 17,389.75 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 17,208.25 USD. In case of crossing, the next objective would be the support located at 16,943.00 USD. PS: if there is a bullish break in the resistance located at 17,655.00 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NASDAQ100 - MINI NASDAQ100 FULL0624 rating 17,469.00 USD. On the day, this instrument lost -0.58% and was between 17,399.25 USD and 17,529.25 USD. This implies that the price is at +0.40% from its lowest and at -0.34% from its highest.17,399.25
17,529.25
17,469.00
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 - MINI NASDAQ100 FULL0624:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NASDAQ100 - MINI NASDAQ100 FULL0624 in 15 min. shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
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
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17,180.75 | 17,307.94 | 17,448.00 | 17,469.00 | 17,553.00 | 17,668.00 | 17,767.10 |
| Change (%) | -1.65% | -0.92% | -0.12% | - | +0.48% | +1.14% | +1.71% |
| Change | -288.25 | -161.06 | -21.00 | - | +84.00 | +199.00 | +298.10 |
| Level | Major | Intermediate | Minor | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,943.00 | 17,208.25 | 17,389.75 | 17,655.00 | 17,836.50 | 18,101.75 | 18,283.25 |
| Camarilla | 17,448.39 | 17,489.35 | 17,530.30 | 17,571.25 | 17,612.20 | 17,653.15 | 17,694.11 |
| Woodie | 16,901.13 | 17,187.31 | 17,347.88 | 17,634.06 | 17,794.63 | 18,080.81 | 18,241.38 |
| Fibonacci | 17,208.25 | 17,378.91 | 17,484.34 | 17,655.00 | 17,825.66 | 17,931.09 | 18,101.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,609.33 | 16,878.92 | 17,362.33 | 17,631.92 | 18,115.33 | 18,384.92 | 18,868.33 |
| Camarilla | 17,638.68 | 17,707.70 | 17,776.73 | 17,845.75 | 17,914.78 | 17,983.80 | 18,052.83 |
| Woodie | 16,716.25 | 16,932.38 | 17,469.25 | 17,685.38 | 18,222.25 | 18,438.38 | 18,975.25 |
| Fibonacci | 16,878.92 | 17,166.56 | 17,344.27 | 17,631.92 | 17,919.56 | 18,097.27 | 18,384.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,396.58 | 17,701.42 | 18,099.33 | 18,404.17 | 18,802.08 | 19,106.92 | 19,504.83 |
| Camarilla | 18,303.99 | 18,368.41 | 18,432.83 | 18,497.25 | 18,561.67 | 18,626.09 | 18,690.51 |
| Woodie | 17,443.13 | 17,724.69 | 18,145.88 | 18,427.44 | 18,848.63 | 19,130.19 | 19,551.38 |
| Fibonacci | 17,701.42 | 17,969.87 | 18,135.72 | 18,404.17 | 18,672.62 | 18,838.47 | 19,106.92 |
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): | 46.28 | |
| MACD (12,26,9): | -10.0000 | |
| Directional Movement: | -16.57 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 17,443.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 17,459.28 | |
| Elder Ray (13): | -17.09 | |
| Super Trend (3,10): | 17,538.09 | |
| Zig ZAG (10): | 17,441.75 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 31.15 | |
| TEMA (21): | 17,441.27 | |
| Williams %R (14): | -54.21 | |
| Chande Momentum Oscillator (20): | -37.00 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.45 |
| MA7: | 17,658.14 | |
| MA20: | 17,850.41 | |
| MA50: | 18,146.92 | |
| MA100: | 17,812.80 | |
| MAexp7: | 17,446.23 | |
| MAexp20: | 17,452.60 | |
| MAexp50: | 17,476.78 | |
| MAexp100: | 17,540.31 | |
| Price / MA7: | -1.07% | |
| Price / MA20: | -2.14% | |
| Price / MA50: | -3.74% | |
| Price / MA100: | -1.93% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.41% |
Quotes :
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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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