NASDAQ100 - MINI NASDAQ100 FULL0325 - 1H - Technical analysis published on 06/25/2024 (GMT)
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- Timeframe : 1H
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- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 19,917.62 USD
My targets
19,693.75 USD (-0.55%)
19,537.00 USD (-1.34%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ100 - MINI NASDAQ100 FULL0924 as long as the price remains well below 19,917.62 USD. The sellers' bearish objective is set at 19,693.75 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 19,537.00 USD. In case of crossing, the next objective would be the support located at 18,845.36 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0924 price is 19,803.25 USD. The price has increased by +0.27% since the last closing and was between 19,742.75 USD and 19,810.50 USD. This implies that the price is at +0.31% from its lowest and at -0.04% from its highest.19,742.75
19,810.50
19,803.25
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NASDAQ100 - MINI NASDAQ100 FULL0924:
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
Technical
A technical analysis in 1H of this NASDAQ100 - MINI NASDAQ100 FULL0924 chart shows a sharp 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19,537.00 | 19,693.75 | 19,761.50 | 19,803.25 | 19,917.62 | 20,084.05 | 20,271.00 |
| Change (%) | -1.34% | -0.55% | -0.21% | - | +0.58% | +1.42% | +2.36% |
| Change | -266.25 | -109.50 | -41.75 | - | +114.37 | +280.80 | +467.75 |
| Level | Minor | Intermediate | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,340.17 | 19,534.08 | 19,642.42 | 19,836.33 | 19,944.67 | 20,138.58 | 20,246.92 |
| Camarilla | 19,667.63 | 19,695.34 | 19,723.04 | 19,750.75 | 19,778.46 | 19,806.16 | 19,833.87 |
| Woodie | 19,297.38 | 19,512.69 | 19,599.63 | 19,814.94 | 19,901.88 | 20,117.19 | 20,204.13 |
| Fibonacci | 19,534.08 | 19,649.54 | 19,720.87 | 19,836.33 | 19,951.79 | 20,023.12 | 20,138.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,333.83 | 19,618.92 | 19,800.83 | 20,085.92 | 20,267.83 | 20,552.92 | 20,734.83 |
| Camarilla | 19,854.33 | 19,897.13 | 19,939.94 | 19,982.75 | 20,025.56 | 20,068.37 | 20,111.18 |
| Woodie | 19,282.25 | 19,593.13 | 19,749.25 | 20,060.13 | 20,216.25 | 20,527.13 | 20,683.25 |
| Fibonacci | 19,618.92 | 19,797.31 | 19,907.52 | 20,085.92 | 20,264.31 | 20,374.52 | 20,552.92 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16,267.50 | 16,957.25 | 17,904.50 | 18,594.25 | 19,541.50 | 20,231.25 | 21,178.50 |
| Camarilla | 18,401.58 | 18,551.63 | 18,701.69 | 18,851.75 | 19,001.81 | 19,151.87 | 19,301.93 |
| Woodie | 16,396.25 | 17,021.63 | 18,033.25 | 18,658.63 | 19,670.25 | 20,295.63 | 21,307.25 |
| Fibonacci | 16,957.25 | 17,582.58 | 17,968.92 | 18,594.25 | 19,219.58 | 19,605.92 | 20,231.25 |
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): | 36.07 | |
| MACD (12,26,9): | -50.0300 | |
| Directional Movement: | -20.77 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 19,761.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 19,732.72 | |
| Elder Ray (13): | -14.58 | |
| Super Trend (3,10): | 19,903.93 | |
| Zig ZAG (10): | 19,786.25 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 31.94 | |
| TEMA (21): | 19,757.67 | |
| Williams %R (14): | -68.90 | |
| Chande Momentum Oscillator (20): | -21.50 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 1.25 |
| MA7: | 20,025.54 | |
| MA20: | 19,560.91 | |
| MA50: | 18,871.55 | |
| MA100: | 18,693.07 | |
| MAexp7: | 19,793.16 | |
| MAexp20: | 19,830.42 | |
| MAexp50: | 19,921.80 | |
| MAexp100: | 19,977.36 | |
| Price / MA7: | -1.11% | |
| Price / MA20: | +1.24% | |
| Price / MA50: | +4.94% | |
| Price / MA100: | +5.94% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.60% | |
| Price / MAexp100: | -0.87% |
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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