NASDAQ100 - MINI NASDAQ100 FULL1224 - 15 min. - Technical analysis published on 07/24/2024 (GMT)
- 98
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 19,959.33 USD
My targets
19,617.42 USD (-0.70%)
18,843.85 USD (-4.62%)
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 19,959.33 USD. The sellers' bearish objective is set at 19,617.42 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 18,843.85 USD. In case of crossing, the next objective would be the support located at 18,027.85 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7
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 jacgre. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NASDAQ100 - MINI NASDAQ100 FULL0924 price is 19,756.00 USD. The price is lower by -0.85% since the last closing with the lowest point at 19,721.25 USD and the highest point at 19,883.00 USD. The deviation from the price is +0.18% for the low point and -0.64% for the high point.19,721.25
19,883.00
19,756.00
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of NASDAQ100 - MINI NASDAQ100 FULL0924 indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish 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 bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18,027.85 | 18,843.85 | 19,750.75 | 19,756.00 | 19,973.80 | 20,335.00 | 20,598.00 |
| Change (%) | -8.75% | -4.62% | -0.03% | - | +1.10% | +2.93% | +4.26% |
| Change | -1,728.15 | -912.15 | -5.25 | - | +217.80 | +579.00 | +842.00 |
| Level | Major | Major | Major | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,617.42 | 19,742.83 | 19,833.92 | 19,959.33 | 20,050.42 | 20,175.83 | 20,266.92 |
| Camarilla | 19,865.46 | 19,885.31 | 19,905.15 | 19,925.00 | 19,944.85 | 19,964.69 | 19,984.54 |
| Woodie | 19,600.25 | 19,734.25 | 19,816.75 | 19,950.75 | 20,033.25 | 20,167.25 | 20,249.75 |
| Fibonacci | 19,742.83 | 19,825.54 | 19,876.63 | 19,959.33 | 20,042.04 | 20,093.13 | 20,175.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,169.33 | 18,911.67 | 19,312.33 | 20,054.67 | 20,455.33 | 21,197.67 | 21,598.33 |
| Camarilla | 19,398.68 | 19,503.45 | 19,608.23 | 19,713.00 | 19,817.78 | 19,922.55 | 20,027.33 |
| Woodie | 17,998.50 | 18,826.25 | 19,141.50 | 19,969.25 | 20,284.50 | 21,112.25 | 21,427.50 |
| Fibonacci | 18,911.67 | 19,348.29 | 19,618.04 | 20,054.67 | 20,491.29 | 20,761.04 | 21,197.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17,367.50 | 18,032.00 | 19,042.00 | 19,706.50 | 20,716.50 | 21,381.00 | 22,391.00 |
| Camarilla | 19,591.51 | 19,745.01 | 19,898.50 | 20,052.00 | 20,205.50 | 20,358.99 | 20,512.49 |
| Woodie | 17,540.25 | 18,118.38 | 19,214.75 | 19,792.88 | 20,889.25 | 21,467.38 | 22,563.75 |
| Fibonacci | 18,032.00 | 18,671.66 | 19,066.84 | 19,706.50 | 20,346.16 | 20,741.34 | 21,381.00 |
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): | 24.35 | |
| MACD (12,26,9): | -34.7900 | |
| Directional Movement: | -30.42 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 19,748.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 19,832.99 | |
| Elder Ray (13): | -39.43 | |
| Super Trend (3,10): | 19,788.00 | |
| Zig ZAG (10): | 19,736.25 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 4.38 | |
| TEMA (21): | 19,740.57 | |
| Williams %R (14): | -97.87 | |
| Chande Momentum Oscillator (20): | -91.75 | |
| Repulse (5,40,3): | -0.3900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 0.44 |
| MA7: | 19,983.96 | |
| MA20: | 20,267.88 | |
| MA50: | 19,764.35 | |
| MA100: | 19,081.06 | |
| MAexp7: | 19,751.74 | |
| MAexp20: | 19,793.65 | |
| MAexp50: | 19,849.56 | |
| MAexp100: | 19,885.12 | |
| Price / MA7: | -1.14% | |
| Price / MA20: | -2.53% | |
| Price / MA50: | -0.04% | |
| Price / MA100: | +3.54% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | -0.47% | |
| Price / MAexp100: | -0.65% |
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis NASDAQ100 - MINI NASDAQ100 FULL1224 - 15 min.