NASDAQ100 - MINI NASDAQ100 FULL1224 - 15 min. - Technical analysis published on 11/18/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 20,626.83 USD
My targets
20,272.17 USD (-1.21%)
20,050.58 USD (-2.29%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NASDAQ100 - MINI NASDAQ100 FULL1224 as long as the price remains well below 20,626.83 USD. The next bearish objective for sellers is set at 20,272.17 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 20,050.58 USD. If there is any crossing, the next objective would be the support located at 19,695.92 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5
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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 FULL1224 rating 20,521.50 USD. The price has increased by +0.14% since the last closing with the lowest point at 20,476.00 USD and the highest point at 20,657.00 USD. The deviation from the price is +0.22% for the low point and -0.66% for the high point.20,476.00
20,657.00
20,521.50
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
A study of price movements over other periods shows the following variations:
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 15 min. of this NASDAQ100 - MINI NASDAQ100 FULL1224 chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black evening star
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 19,078.04 | 20,021.75 | 20,372.75 | 20,521.50 | 20,619.25 | 20,794.25 | 20,933.17 |
| Change (%) | -7.03% | -2.44% | -0.72% | - | +0.48% | +1.33% | +2.01% |
| Change | -1,443.46 | -499.75 | -148.75 | - | +97.75 | +272.75 | +411.67 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,695.92 | 20,050.58 | 20,272.17 | 20,626.83 | 20,848.42 | 21,203.08 | 21,424.67 |
| Camarilla | 20,335.28 | 20,388.10 | 20,440.93 | 20,493.75 | 20,546.57 | 20,599.40 | 20,652.22 |
| Woodie | 19,629.38 | 20,017.31 | 20,205.63 | 20,593.56 | 20,781.88 | 21,169.81 | 21,358.13 |
| Fibonacci | 20,050.58 | 20,270.71 | 20,406.71 | 20,626.83 | 20,846.96 | 20,982.96 | 21,203.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19,216.92 | 19,811.08 | 20,152.42 | 20,746.58 | 21,087.92 | 21,682.08 | 22,023.42 |
| Camarilla | 20,236.49 | 20,322.24 | 20,408.00 | 20,493.75 | 20,579.50 | 20,665.26 | 20,751.01 |
| Woodie | 19,090.50 | 19,747.88 | 20,026.00 | 20,683.38 | 20,961.50 | 21,618.88 | 21,897.00 |
| Fibonacci | 19,811.08 | 20,168.44 | 20,389.22 | 20,746.58 | 21,103.94 | 21,324.72 | 21,682.08 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18,773.33 | 19,303.42 | 19,728.33 | 20,258.42 | 20,683.33 | 21,213.42 | 21,638.33 |
| Camarilla | 19,890.63 | 19,978.17 | 20,065.71 | 20,153.25 | 20,240.79 | 20,328.33 | 20,415.88 |
| Woodie | 18,720.75 | 19,277.13 | 19,675.75 | 20,232.13 | 20,630.75 | 21,187.13 | 21,585.75 |
| Fibonacci | 19,303.42 | 19,668.23 | 19,893.61 | 20,258.42 | 20,623.23 | 20,848.61 | 21,213.42 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 50.58 | |
| MACD (12,26,9): | -11.0400 | |
| Directional Movement: | -5.96 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 20,551.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 20,483.53 | |
| Elder Ray (13): | 15.85 | |
| Super Trend (3,10): | 20,584.33 | |
| Zig ZAG (10): | 20,569.50 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 77.02 | |
| TEMA (21): | 20,541.58 | |
| Williams %R (14): | -48.58 | |
| Chande Momentum Oscillator (20): | -19.00 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.25 |
| MA7: | 20,978.39 | |
| MA20: | 20,648.04 | |
| MA50: | 20,316.74 | |
| MA100: | 20,034.77 | |
| MAexp7: | 20,550.25 | |
| MAexp20: | 20,567.95 | |
| MAexp50: | 20,587.15 | |
| MAexp100: | 20,635.51 | |
| Price / MA7: | -2.18% | |
| Price / MA20: | -0.61% | |
| Price / MA50: | +1.01% | |
| Price / MA100: | +2.43% | |
| Price / MAexp7: | -0.14% | |
| Price / MAexp20: | -0.23% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | -0.55% |
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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