NASDAQ100 - MINI NASDAQ100 FULL0624

- USD (-)

- 10 min delayed data - CME E-mini Futures

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Futures
Ticker:	NQXXXX
ISIN:	NQXXXX

NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min. - Technical analysis published on 05/03/2024 (GMT)

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

NASDAQ100 - MINI NASDAQ100 FULL0624 - 15 min.

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 17,597.08 USD

My targets

17,966.08 USD (+0.17%)

18,176.92 USD (+1.35%)

My analysis

NASDAQ100 - MINI NASDAQ100 FULL0624 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 17,597.08 USD. The next resistance located at 17,966.08 USD 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 18,176.92 USD. After this resistance, buyers could then target 18,585.75 USD. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.4

Comment on the analysis

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

The NASDAQ100 - MINI NASDAQ100 FULL0624 price is 17,934.75 USD. The price registered an increase of +1.62% on the session with the lowest point at 17,719.50 USD and the highest point at 18,050.25 USD. The deviation from the price is +1.21% for the low point and -0.64% for the high point.

17,719.50

18,050.25

17,934.75

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NASDAQ100 - MINI NASDAQ100 FULL0624:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0624 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Three white soldiers

Type : Bullish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	17,450.88	17,668.00	17,767.10	17,934.75	17,949.00	18,064.75	18,585.75
Change (%)	-2.70%	-1.49%	-0.93%	-	+0.08%	+0.72%	+3.63%
Change	-483.87	-266.75	-167.65	-	+14.25	+130.00	+651.00
Level	Intermediate	Minor	Major	-	Minor	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17,069.92	17,228.08	17,438.92	17,597.08	17,807.92	17,966.08	18,176.92
Camarilla	17,548.28	17,582.10	17,615.93	17,649.75	17,683.58	17,717.40	17,751.23
Woodie	17,096.25	17,241.25	17,465.25	17,610.25	17,834.25	17,979.25	18,203.25
Fibonacci	17,228.08	17,369.04	17,456.13	17,597.08	17,738.04	17,825.13	17,966.08

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	15,390.25	16,251.75	16,845.00	17,706.50	18,299.75	19,161.25	19,754.50
Camarilla	17,038.19	17,171.55	17,304.90	17,438.25	17,571.60	17,704.95	17,838.31
Woodie	15,256.13	16,184.69	16,710.88	17,639.44	18,165.63	19,094.19	19,620.38
Fibonacci	16,251.75	16,807.47	17,150.79	17,706.50	18,262.22	18,605.54	19,161.25

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):	83.66
MACD (12,26,9):	57.1400
Directional Movement:	41.75
AROON (14):	57.14
DEMA (21):	17,908.71
Parabolic SAR (0,02-0,02-0,2):	17,781.89
Elder Ray (13):	112.75
Super Trend (3,10):	17,869.81
Zig ZAG (10):	18,010.50
VORTEX (21):	1.3100
Stochastique (14,3,5):	89.85
TEMA (21):	17,968.92
Williams %R (14):	-30.16
Chande Momentum Oscillator (20):	208.75
Repulse (5,40,3):	0.0500
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	1.95

MA7:	17,701.36
MA20:	17,809.99
MA50:	18,136.79
MA100:	17,833.33
MAexp7:	17,939.12
MAexp20:	17,844.07
MAexp50:	17,785.07
MAexp100:	17,726.86
Price / MA7:	+1.32%
Price / MA20:	+0.70%
Price / MA50:	-1.11%
Price / MA100:	+0.57%
Price / MAexp7:	-0.02%
Price / MAexp20:	+0.51%
Price / MAexp50:	+0.84%
Price / MAexp100:	+1.17%

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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